OKSZ: the increase in retail sales may slow down

By: trademagazin Date: 2016. 02. 23. 11:55

Last year’s 5.5 percent increase in retail is the biggest growth rate of the last three years; This year the turnover is expected to increase, its rate may be lower, around 3-4 percent – the National Retail Federation (OKSZ) highlighted on Tuesday, commenting the data of the Central Statistical Office (KSH).

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According to the communication of the National Retail Federation (OKSZ) published on Tuesday both the annual and the 5 percent December retail growth rate can be considered as an outstanding increase on international level, the EU’s average retail rate of growth is significantly lower than the Hungarian data. (MTI)