Retail Sales Down 1.8 Percent In January In Hungary
- 5 Mar 2021 12:10 PM
- Budapest Business Journal
Compared to January 2020, the volume of sales increased by 1.5% in specialized and non-specialized food retailing.
The volume of sales increased by 3.4% in non-specialized food and beverages shops accounting for 76% of food retailing and decreased by 3.3% in specialized food, beverage and tobacco stores.
The turnover of non-food retailing decreased by a total of 2.2%. Sales rose in non-specialized shops dealing in manufactured goods (9.2%).
The volume of sales fell in pharmaceutical, medical goods and cosmetics shops (8.2%), furniture and electrical goods stores (13%), books, computer equipment, and other specialized stores (14%), textiles, clothing and footwear shops (21%) as well as in second-hand goods shops (24%).
The volume of mail order and internet retailing accounting for 9.4% of all retail sales and involving a wide range of goods rose by 36%, continuing a multi-year expansion.
The volume of sales in automotive fuel stations decreased by 8.5%.
Sales in motor vehicles and motor vehicle parts and accessories stores not belonging to retail data decreased by 26%.
The volume of "market and other non-store retail sales" in "non-food retailing", which accounted for only 0.6% of all retail sales, fell by 14%, according to raw data.
Domestic retail sales amounted to HUF 948 billion at current prices in January 2021. Specialized and non-specialized food shops accounted for 48% of all retail sales, while the relevant figures for non-food retail trade of petrol stations were 37% and 15% respectively.
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