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Retail Sales Grow by 4.6% in August

• 7 Oct 2021 12:20 PM
• Hungary Matters

Retail sales in Hungary rose by an annual 4.6% in August, the Central Statistical Office (KSH) said on Wednesday.

The increase accelerated from 2.5% in the previous month. Retail sales have risen for five consecutive months after eight months of decline.

August retail sales rose by 4.1% when adjusted for calendar year effects.

Adjusted food sales increased by 1.7% and non-food sales climbed 7.8%. Vehicle fuel sales rose by 2.3%.

In absolute terms, retail sales reached 1,228 billion forints (EUR 3.4bn), at current prices. Food sales accounted for 46% of the total, non-food sales for 37% and vehicle fuel sales 17%.

For the period January-July, retail sales rose by an annual 2.4%, according to both unadjusted and adjusted data.

Adjusted food sales were up by 1.8%, non-food sales rose by 3.7% and vehicle fuel sales increased by 2.7%.

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Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

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