NGM: The demand for industrial goods increases retail turnover
As the result of investments from household savings, the trade of non-food products continues to grow further this year – the Deputy Minister of State of the Ministry of National Economy (NGM) commented the latest results of the Central Statistical Office (KSH) on M1 news channel.
He mentioned, for example, the purchase of computer hardware, furniture and home improvement equipments.
According to the Central Statistical Office’s report released on Wednesday, retail sales increased by 6.7 percent year-on-year in November compared to a year before, while non-food retail sales grew by 10.4 percent. (MTI)
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >NGM: the government is working to strengthen domestic industry, which is being held back by the crisis in the German economy
The government is working to strengthen domestic industry, which is…
Read more >Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >