Retail sales are expected to expand more strongly from February

By: Trademagazin editor Date: 2022. 03. 03. 11:20

Household consumption is set in the crossfire of rising incomes and high inflation in the first half of this year, according to the latest data data.

Analysts expect retail sales to pick up in February

According to a report by the Central Statistical Office on Thursday, the volume of retail trade turnover increased by 4.5 percent in January, 4.1 percent year-on-year, according to raw data. In the food and food-type mixed stores, the volume of sales net of calendar effects increased essentially unchanged, increasing by 0.1 percent, in non-food retail trade by 6.4 percent and in fuel retail trade by 10.7 percent. (MTI)