NGM: the August slowdown was only temporary in retail

In the first eight months of the year, the volume of retail increased by 6 percent, which adjusts to the other growth trends of the Hungarian economy. The August slowdown is expected to be only temporary – the Deputy Minister of State for of the National Economy Ministry (NGM) told M1 news channel on Thursday.

Lenner Áron Márk Deputy Minister of State for of the National Economy Ministry (NGM) commented the second estimate of the Central Statistical Office (KSH) released on Thursday and told that the volume of retail sales increased by 4.6 percent in August after the 6.8 percent increase of July, compared to a year before. (MTI)