OKSZ: retail sales in December may expand by 2 percent

Retail sales in December may expand with a greater extent, than it was predicted in the previous forecast. It may expand by up to 2 percent, compared to the previous year and may reach 860-870 billion HUF – the forecast of the National Retail Federation (OKSZ) predicts.

The rise in real incomes and the low inflation rate allowed more spendings, so – mainly due to the Christmas shoppings – the balance of trade has shifted up after many years – the Monday statement of the National Retail Federation (OKSZ) contains.