NGM: retail is expanding for 51 months
Retail sales have been rising steadily for 51 months – Pomázi Gyula, Deputy Minister of State of the Ministry of National Economy (NGM), told M1 news channel on Tuesday, commenting on the latest data of the Central Statistical Office (KSH).
According to the Central Statistical Office, sales of retail stores grew by 5.4 percent in September, compared to a year before. The calendar effect adjusted growth was 6.0 percent.
Pomázi Gyula explained that in September, non-food consumption increased by 12.5 percent, while food consumption increased by 2.7 percent, compared to the same period of the previous year. (MTI)
Related news
The price of bone-in chicken breast and chicken breast fillet also decreased significantly
According to KSH data, Hungary’s poultry meat exports increased by…
Read more >Live pig exports have strengthened
According to data from the Central Statistical Office, Hungary’s live…
Read more >We can be cautiously optimistic
Dr Ákos Kozák, co-founder of the Equilibrium Institute gave a…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >