NGM: retail is expanding for three years continuously
The retail sales are continuously growing for thirty-six months. In the past year, except in January, growth was 4-5 percent each month, compared to the same period of the last year – the Deputy Minister of State of the Ministry of National Economy (NGM) told M1 news channel on Wednesday.
According to Marczinkó Zoltán the 5.7 percent increase in retail sales in June is due to the increase of employment, the reduction of the personal income tax rate and due to the growth of average gross wages. Low inflation can also be seen in real wages; more money remains, so people can spend more – he added. (MTI)
Related news
Richárd Szabados: 2,600 businesses have already applied for the fixed 3 percent loan targeting SMEs, worth 140 billion forints
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Márton Nagy: consumer protection is a top priority for the government
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >NGM: fixed 3 percent SME loan launched on October 6
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
The 2025 Sustainable Future Awards were presented: the most outstanding sustainable companies and leaders of the year were recognized
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Visa launches new program to support the digitalization of Hungarian businesses
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The 2025 Sustainable Future Awards have been presented
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >

