The NGM expects a retail sales expansion by the end of the year
According to the expectations of the Ministry of National Economy (NGM), retail sales in November and December will be higher than in the same period of the previous year.
Lenner Áron, Deputy Minister of State of the Ministry of National Economy (NGM) told M1 news channel on Sunday that the retail sales growth is a trend. It is growing steadily for 26 months, so there is no reason to doubt that the year-end data will be good.
He emphasized that the online retail trade grew by 28 percent, because people have become accustomed to the trusted online stores. (MTI)
Related news
NGM: innovation means the future of the food industry, State Secretary Gergely Fábián handed over new developments
In the framework of the Food Supplier Development Program (ÉLIP…
Read more >NGM: the lives of families are significantly affected by food and health expenses and fuel prices
According to the surveys, the most significant expenses of the…
Read more >The quarterly results of the SZÉP card confirm the entrepreneurs’ proposal
According to the announcement issued by the Ministry of National…
Read more >Related news
OECD: Food price inflation fell sharply in most countries
The Paris-based Organization for Economic Cooperation and Development, the OECD,…
Read more >MBH Bank: Growth may accelerate in the second half of the year, next year GDP may increase by 3.7 percent
The outlook for the Hungarian economy is stable, so thanks…
Read more >