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)
Related news
MOHU spoke up about the DRS limit
As of October 26, the MOHU reduced the amount available…
Read more >Winners of this year’s Symbol of Sustainability competition announced
Trade magazin has organised the Symbol of Sustainability competition for…
Read more >The OKSZ is optimistic about the introduction of mandatory promotions
Since the first of July, mandatory store promotions, which had…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >