NGM: low inflation and real wage growth helps trade
Due to low inflation and real wage growth, Hungarians like to buy, and partly this is the reason that retail sales increased in March again – Marczinkó Zoltán, Deputy Minister of State of the National Economy Ministry (NGM) told M1 news channel on Wednesday.
According to the report of the Central Statistical Office (KSH), published on Wednesday, the calendar effect adjusted data shows a 4.2 percent increase in retail sales in March, while on the basis of the raw data, by 5.5 percent. (MTI)
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