NGM: retail sales are increasing for forty-six months

By: Trademagazin editor Date: 2017. 06. 07. 11:38

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).

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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)