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Hungary’s Retail Sales Recover In June

• 6 Aug 2020 11:43 AM
• Hungary Matters

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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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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