Explosive 16.2% growth in retail

By: Trademagazin Date: 2022. 05. 09. 10:22

The volume of retail trade sales increased by 16.2% and, according to the raw material, by 16.2% compared to the same period of the previous year, far exceeding expectations, while sales revenue increased by 27.9% due to high inflation. jumped to HUF 1,375.3 billion. Compared to the previous month, retail sales increased by 7.3%. Retail sales grew by 10.3% in the first three months, a significant acceleration from 5.5% in the last quarter of last year, which may have contributed to a further acceleration in GDP in the first quarter. Compared to the last quarter of last year, retail sales increased by 4% in the first quarter.

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