NGM: retail trade grew due to increasing employment, personal income tax reduction and low inflation

By: trademagazin Date: 2016. 04. 25. 11:50

Retail sales increased by 6.6 percent in February, compared with the similar period of 2015, due to the record-high employment, the one percentage point reduction in personal income tax (PIT), and due to the low inflation.

polc-

Marczinkó Zoltán, Deputy Minister of State of the the Ministry of National Economy (NGM) responsible for corporate relations told M1 news channel on Monday that the sales of food, non-food products and fuel sales increased as well. (MTI)

Related news