NGM: the growth in household incomes is faster than growth in retail
The strengthening of Hungary is indicated by the increase in household income that exceeds the growth of retail.
The data indicates that the propensity to save of the households remains strong and the possibility of further increase in consumption – according to the communication of the Ministry of National Economy (NGM) sent to MTI on Thursday.
Since January 2010, the retail sales increased by 19.4 percent, while from the beginning of 2014 retail sales increased by 16.3 percent in Hungary. (MTI)
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