OKSZ: the increase in retail sales may slow down
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).
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)
Related news
Profitability of trade is decreasing – the government is opening up substantial resources
On May 28, Laurel Számítástechnikai Kft. held its 12th Retail…
Read more >KSH: the number of guests (1.4 million) in tourist accommodation establishments increased by 17 percent and the number of guest nights (3.4 million) by 16 percent compared to a year earlier in April
In April 2025, 1.4 million guests spent 3.4 million guest…
Read more >The National Trade Association has developed proposals for the elimination of margin-cutting measures
The National Trade Association (OKSZ) has submitted to the government…
Read more >Related news
Food Price Margin Reduction Extended Until the End of August
István Nagy, Hungary’s Minister of Agriculture, announced on his official…
Read more >Rules on meat products are getting stricter – a new concept is also included in the regulation
A new regulatory amendment has been proposed in Hungary: the…
Read more >EUDR country assessments – or which countries are at risk from deforestation
On 23 May, the European Commission published its country assessment…
Read more >