NGM: retail sales growth of around 5 percent is sustainable
Hungarian retail closed an exceptionally good year in 2015. Such an increase has not seen for more than 10 years – Lenner Áron Márk, Deputy Ministerof State of the National Economy Ministry (NGM) told M1 news channel.
The Central Statistical Office (KSH) announced on Wednesday that with the 5.0 percent increase in December, retail trade turnover in 2015 exceeded 5.5 percent over the previous year, when the annual turnover growth was 5.2 percent. The calendar-adjusted data show a full-year increase of 5.6 percent and a 4.5 percent increase for December. (MTI)
Related news
China’s retail sales skyrocket in the first two months of the year
China’s industrial output grew 5.9 percent year-on-year in the first…
Read more >KSH: industrial production decreased by 3.9 percent in January
In January 2025, the volume of industrial production fell by…
Read more >Agrometeorology: Night frosts to return next week
Further heavy rain is expected until the end of the…
Read more >Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >China’s retail sales skyrocket in the first two months of the year
China’s industrial output grew 5.9 percent year-on-year in the first…
Read more >