OKSZ: it is a good result that consumption has not dropped
It is a good result in the current economic situation, that commercial consumption has not dropped, which among other things is due to the fact that people spend their personal income tax surplus and a part of the pension fund real returns in the stores. Large part of this money may go to help the property loan repayments) – responded the National Trade Association (OKSZ) to the October retail figures of the Central Statistical Office.
The heaviest burden on the consumer market continues to be foreign currency loan repayments. It holds back the purchase of food, while despite the price increase of the agricultural products(5.1 percent in October) consumption is still similar to last year's in kilograms, pieces, and in liters – reports Világgazdaság Online.
Related news
Related news
New survey: consumers don’t want toxic chemicals
A new survey across five countries has revealed serious concerns…
Read more >Fresh milk sales have turned into losses – GVH graph highlights
A new and previously overlooked issue has come to light…
Read more >Corner stores are slowly disappearing: 22,000 stores have disappeared in four years
By the end of 2024, more than 5,200 retail stores…
Read more >