Analysts: retail sales growth remains decent

Rise in real wages will keep retail sales up, but the pace may decline as more income is spent on services, investments or savings – experts interviewed by MTI commented on the latest retail data released Friday morning.

According to a report by the Central Statistical Office (KSH), retail sales grew by 4.3 percent in June according to the raw data, while calendar effect adjusted increased by 5.2 percent year-on-year. (MTI)