Analysts: retail trade is expanding further

Retail sales continue to grow in the rest of the year, analysts told MTI who had responded to the Central Statistical Office’s (KSH) data published on Thursday.

Suppan Gergely, analyst of the Savings Bank (Takarékbank) told MTI that the an annual 4.5 percent increase of October was close to the expectations. The expert believes that in an annual average retail expansion can be 5.5 percent and the pace of growth next year may exceed 3 percent. (MTI)