Retail Sales up 3.8% in November

  • 11 Jan 2022 12:53 PM
  • Budapest Business Journal
Retail Sales up 3.8% in November
In November 2021, the volume of retail trade in both raw and calendar-adjusted data was 3.8% higher than in the same month of the previous year, according to data published by the Central Statistical Office (KSH).

The volume of sales increased by 2.1% in specialized and non-specialized food retailing. Sales went up by 2.2% in non-specialized food and beverages shops accounting for 76% of food retailing and by 1.6% in specialized food, beverage and tobacco stores.

The turnover of non-food retailing increased by a total of 4.9%. Sales volumes rose by 29% in textiles, clothing and footwear shops, by 28% in second-hand goods shops, by 11% in pharmaceutical, medical goods and cosmetics shops, by 6.6% in books, computer equipment and other specialized stores, and by 2.9% in non-specialized shops dealing in manufactured goods.

Sales volumes fell by 7.4% in furniture and electrical goods stores.

Mail order and internet retailing, which covers a wide range of goods and accounts for 12% of retail sales, - compared to the high base in November last year - grew in volume, by 0.9%.

Sales volumes in automotive fuel stations increased by 6.2%.

Sales in motor vehicles and motor vehicle parts and accessories stores not belonging to retail data increased by 0.3%.

In November 2021, domestic retail sales amounted to HUF 1.276 trillion at current prices.

Specialized and non-specialized food shops accounted for 43% of all domestic retail sales, while the relevant figures for non-food retail trade and retail trade of petrol stations were 41% and 16% respectively.

In January-November 2021, the volume of retail trade rose by 3.2% compared to the same period of the previous year. 

The volume of sales rose by 2.1% in specialized and non-specialized food shops, by 4.5% in non-food retail trade, and by 4.4% in automotive fuel retail trade compared to the first 11 months of 2020.

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Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.

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