Due to steadily rising domestic purchasing power, improving labour market conditions, increasing wages in real terms as well as to Government measures which are having a substantial positive effect on household incomes, the Hungarian retail sector has been expanding for more than two years. Other driving forces include more efficient controls by tax and other state authorities as well as the reduction of shadow economy resulting from the connecting of retail sector cash registers to the National Tax and Customs Administration through the internet.

For more information please check the attached file on the right side of the page!

(Ministry for National Economy)