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Hungary’s Retail Sales Growth Accelerates To 6.9% In July

• 5 Sep 2019 8:03 AM
• Hungary Matters

Retail sales in Hungary grew by 6.9% in July from the same month a year earlier, accelerating from a 4.3% increase in June, data released by the Central Statistical Office (KSH) show.

Calendar-adjusted data show retail sales were up 6.4% year on year in July.

Adjusted food sales were up 4.5%, non-food sales climbed by 9% and vehicle fuel sales by 5.3%. In absolute terms, retail sales came to 1,066 billion forints in July.

In January-July retail sales rose by 5.8%, according to both unadjusted and calendar year-adjusted data. Adjusted food sales grew by 3.1%, non-food sales by 8.6% and fuel sales increased by 7.5%.

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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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