Explosive 16.2% growth in retail
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.
Related news
Consumption could recover in 2025
At the end of August the Equilibrium Institute published its…
Read more >This is why many people still choose shops instead of buying online
According to a recent EY international survey of more than…
Read more >KPMG CEO Outlook 2024: the secret of success lies in creating general crisis resistance
72 percent of CEOs of large global companies continue to…
Read more >Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >