Vámos György: online retail sales could expand by 20 percent in 2017

The turnover of online commerce has grown to tenfold in ten years, by the end of 2016, reaching 300 billion forints and increased by 20 percent in 2017 – Vámos György, Secretary General of the National Trade Association told M1 news channel.

Vámos György said that the turnover of Internet commerce in the year 2017 was at least 370-380 billion forints, and this is only the commodity of traditional retail trade, so food, tradables and services were not included into this calculation. (MTI)