NGM: retail sales are increasing for forty-six months

Hungarian retail sales have been rising steadily for forty-six months – Marczinkó Zoltán, Deputy Minister of State of the Ministry of National Economy (NGM) told M1 channel on Tuesday in response to the retail data of the Central Statistical Office (KSH).

He highlighted that retail sales increased by 2 percent calendar effect adjusted from last April’s high value.

Marczinkó Zoltán explained that the wage agreement has a long-term growth impact for the increase in retail turnover.

Investments will also have a lasting impact on the economy, including retail – he pointed out. (MTI)