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Slovak hypermarkets and e-shops report significant increases in purchases, but compare with the crisis year 2023

People went shopping after the inflation crisis. Significant increases reported by e-shops and hypermarkets

Retail sales at constant prices rose year-on-year for the second month in a row and were 5.3 per cent higher in February 2024 than a year ago, the most since May 2022. However, the current strong growth is influenced by a lower comparative base last year when retail sales were depressed by high inflation when converted to constant prices. Inflation is slowing, people’s purchasing power is increasing and, alongside this positive news, retailers are also doing well.

Source https://hnonline.sk/ludia-sa-po-inflacnej-krize-pustili-do-nakupov-vyrazne-narasty-hlasia-e-shopy-aj-hypermarkety