March Retail Sales Surge Far Exceeds Forecasts

Retail sales soared in March, beating analysts’ forecasts by a wide margin. Strong real wage growth and panic-driven fuel purchases linked to the Iran conflict and the Druzhba pipeline shutdown boosted consumer spending. Data released Thursday by the Hungarian Central Statistical Office (KSH) shows that retail sales volume rose 10.6% year-on-year in raw terms and […] The post March Retail Sales Surge Far Exceeds Forecasts appeared first on Hungary Today.

By MTI-Hungary Today