Machines are behind the growth of the commercial sector
The turnover of domestic stores is constantly breaking records: according to the latest data of the Hungarian Central Statistical Office (KSH), the volume of retail trade is 6.4 percent higher than a year ago.
According to decent analyses, about 10 percent vacancy rate can be found in the sector. The sector can therefore be highly productive, despite the negligible labor shortages. This is a direct consequence of the fact that trade is already one of the highly automated economic segments.
Related news
Full-time jobs in retail sector are in demand
Retailers are seeing increased interest from job seekers looking for…
Read more >IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >2024 could already be the year of growth in retail
This year could be the year of growth in Hungary…
Read more >Related news
KSH: Gross average earnings were HUF 605,400 in February 2024, 14.0 percent higher than a year earlier
In February 2024, the gross average earnings of those employed…
Read more >Sándor Czomba: 566 micro, small and medium-sized enterprises receive capacity-building support
566 people successfully applied for the capacity expansion support aimed…
Read more >Annual Costs From Climate Change Set To Total €35 Trillion
A study by the Potsdam Institute for Climate Impact Research…
Read more >