Hungary Retail Sales Could Near HUF 10,000bn In 2015
- 31 Dec 2015 2:35 AM
Retail sales in Hungary could come close to 10,000 billion forints this year, the chief secretary of the National Association of Commerce (OKSZ) told public television. Retail sales have risen by 5%-6% on an annual basis, data published so far show, and the pace is likely to have continued in the last months of the year, György Vámos told news channel M1.
Retail sales reached 7,502.1 billion forints in January-October, the latest data from the Central Statistical Office (KSH) show.
Online sales climbed 30-40% and are set to reach 230 billion forints by yearend, Vámos said.
Growth of internet commerce is expected to stay in the double digits for 2-3 years.
Source www.hungarymatters.hu - Visit Hungary Matters to sign-up for MTI’s twice-daily newsletter.
LATEST NEWS IN shopping