NGM: retail sales are growing steadily for 38 months
Hungarian retail sales are growing steadily for 38 months, and significantly above the EU average – Lepsényi István, Minister of State for the Ministry of National Economy (NGM) told M1 news channel on Wednesday, in response to the August retail data of the Central Statistical Office (KSH).
He emphasized that the growth is mainly due to the rise in real wages, the near-zero inflation, the impact of government measures, the reduction of the personal income tax, the support of the families and the decline in pork VAT. (MTI)
Related news
KSH: The sales prices of the food industry rose by 0.9 percent
In September, industrial producer prices were on average 0.9 percent…
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 >
NGM: 1.5 million guests rested in our country in September, the performance of tourism continued to increase
Based on the data of the Central Statistical Office (KSH)…
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 >
