Analysts: the rise in retail sales is higher than expected
The pace of retail turnover in January exceeded the expectations. The increase of real wages and the demand for durable consumer goods generate strong growth this year, which could only be moderated by last year’s high base in the second half of the year – the Central Statistical Office (KSH) commented in its preliminary report to MTI.
According to KSH’s first estimate, in January, retail sales at unchanged prices were 7.5 percent higher than the one-year-earlier figure, both raw and calendar-effect adjusted. The turnover of grocery stores grew by 4.4 percent, while the sales of non-food stores increased by 11.6 percent, fuel consumption increased by 8.1 percent in the first month of 2017. (MTI)
Related news
KSH: retail turnover in August exceeded the same period of the previous year by 2.4 percent and the previous month by 0.8 percent
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >K&H Analyst Commentary: There is still room for expansion in Hungarian stores
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Retail sales growth accelerates in Russia, unemployment at historic low
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
The 2025 Sustainable Future Awards were presented: the most outstanding sustainable companies and leaders of the year were recognized
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The 2025 Sustainable Future Awards have been presented
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >How do we get started if we are not yet present in online commerce?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >
