NGM: retail sales increasing for 43 months

By: Trademagazin editor Date: 2017. 03. 06. 11:44

The growth in retail sales continues in Hungary. The growth in consumption lasts for 43 months – Marczinkó Zoltán, Deputy Minister of State of the Ministry of National Economy (NGM) told M1 news channel in response to the Central Statistical Office’s retail trade data.

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According to the Deputy Minister of State, the rise in retail sales is due to government measures.

He mentioned the growth of employment: 4.4 million people are working in Hungary, the unemployment rate fell below 4.3 percent, while the net wages grew faster than gross wages. (MTI)