Analysts: retail sales will not decline further

The analysts of the TakarékBank and the ING do not expect a further decline in retail sales for the remainder of the year. They consider that the sector's performance can reduce by 1-2 percent annually.

According to the Friday published datas of the Central Statistical Office (KSH), retail sales volume in June were 1.7 percent lower than a year earlier. The decrease in sales of the gas stations, and stores selling furniture and electrical goods played a decisive role in the decline, while the volume of stores, selling food and food related products have increased. (MTI)