Trade Association: the Black Friday action does not affect the December gift purchase badly
Many people anticipated the end of the year purchase during the Black Friday in November,but this will not make December spendings lower – Vámos György, Secretary-General of the National Trade Association (OKSZ) told M1 news channel on Sunday.
In his opinion, the real upswing in the Christmas gift purchase is beginning now.
The Secretary-General said that this year, there will be purchase actions before Christmas as well, but less than before, and the real big downturn is foreseen between the two holidays and in January.
Related news
Retail is growing stronger: where and how much do Hungarians earn and spend?
Hungarian retail is gradually strengthening, but according to the data,…
Read more >OKSZ also fights against inflation
The food retail member companies of the National Trade Association…
Read more >KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >