Hungary’s Retail Sales Recover In June

  • 6 Aug 2020 11:43 AM
  • Hungary Matters
Hungary’s Retail Sales Recover In June
Retail sales in Hungary edged up by an annual 0.8% in June, recovering after declines in April and May, data released by the Central Statistical Office (KSH) show.

Retail sales had fallen by 10.2% in April while the country was under lockdown to contain the spread of the novel coronavirus.

Retail sales improved in May, as restrictions were gradually lifted, but still dropped 2.8%. Adjusted for calendar year effects, retail sales inched down 0.1% year-on-year in June.

Adjusted food sales dropped 1.5%, non-food sales rose by 4.9% and fuel sales fell by 10.9%.

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