NGM: consumer confidence is the sign of retail growth

The growth in retail sales is continuous for more than three years, which reflects consumer confidence – the Deputy Minister of State of the Ministry of National Economy (NGM) told M1 news channel on Friday, in response to the Central Statistical Office’s (KSH) latest data.

According to the detailed data of the Central Statistical Office (KSH), the sales volume of retail stores in July increased by 2.9 percent according to raw data, and by 4.0 percent calendar effect adjusted compared to the same period last year. (MTI)