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
NGM: the government pays special attention to the development of the prices of milk and dairy products
The government is paying special attention to the development of…
Read more >NGM: public confidence is strengthening, domestic tourism closed a record year in 2024
The number of guest nights spent by foreign guests in…
Read more >No significant change in pear prices
According to preliminary data from the World Apple and Pear…
Read more >Related news
Eurozone economy stagnated in the fourth quarter
Contrary to analysts’ expectations, the eurozone economy stagnated in the…
Read more >Márton Nagy: the turning point is here, the Hungarian economy will shift to a higher growth path in 2025
According to the Central Statistical Office, the economy grew by…
Read more >Egg prices continue to rise: the elimination of cage farming makes the market more expensive
Egg prices in Hungary crossed the psychological threshold of one…
Read more >