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
New regulations on occupational health inspections: what does this mean for the hotel industry?
As of September 28, 2024, significant changes have been introduced…
Read more >HungaroControl: Traffic increases by 6 percent during the holidays
According to the preliminary estimate of the Hungarian air navigation…
Read more >NGM: the enforcement of consumer rights is also being examined in Christmas markets
Government agencies also inspect the enforcement of consumer rights at…
Read more >Related news
Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >The GKI business climate index barely changed in December
According to a survey by GKI Economic Research Ltd. –…
Read more >Festive dishes: bacon kuglóf, bacon cheesecake and New Year’s Eve candied sausage rolls
Often, an unusual ingredient or even the way it is…
Read more >