NGM: retail trade closed a good year in 2015
Retail trade strengthens continuously in Hungary, the growth of turnover has been going on for 30 months. On the basis of the recent data retail trade closed a great year in 2015 – the Deputy Minister of State of the Ministry of National Economy (NGM) told at a press conference in Budapest on Monday.
Lenner Áron Márk told that on the basis of the data of the Central Statistical Office (KSH), in the first 11 months of the year, retail sales grew by 5.7 percent, including online commerce’s dynamic growth of over 20 percent. On the basis of the November data at EU level, Hungary reached the 8th largest increase among the Member States – he pointed out. (MTI)
Related news
NGM: margin reduction has a significant impact: inflation fell to 4.7 percent in March
The government could no longer tolerate unreasonably high price increases,…
Read more >NGM: retail turnover increased by more than 3 percent in February – consumer confidence continues to strengthen
In the first two months of the year, the volume…
Read more >The tax authority is asking companies for their opinions on electronic invoicing and real-time digital data provision
According to the information, the project owner of the package…
Read more >Related news
Disrupted market, uncertain future – foot-and-mouth disease epidemic could have serious consequences
The outbreak of foot-and-mouth disease (FMD) in Hungary has triggered…
Read more >NMHH: November remains the strongest month in the advertising market
November is still the strongest month in the advertising market,…
Read more >GKI expects a 2-2.5% economic growth in 2025
GKI Economic Research Zrt. forecasts a 2-2.5% GDP growth for…
Read more >