Analysts, the NGM and the OKSZ also expect a continuous expansion in retail sales

Because of the overhead reduction and the increase of wages above the inflation rate, retail sales continue to rise further, but the terms of the growth can be questioned in long-terms – analysts surveyed by MTI told, commenting the August retail sales datas of the Central Statistical Office (KSH).

The Central Statistical Office (KSH) estimates that the calendar-adjusted volume of retail sales increased by 1.5 percent in August, compared to the same period of the last year. According to the seasonally unadjusted datas, the increase was 1 percent. Árokszállási Zoltán, Erste Bank analyst, said: they expected a 1 percent growth. (MTI)