Retail Sales Growth in Hungary Slowed to Nearly Zero

  • 6 Dec 2022 6:06 AM
  • Hungary Matters
Retail Sales Growth in Hungary Slowed to Nearly Zero
Retail sales growth in Hungary slowed to an annual 0.6% in October, propped up by sales of motor fuel, the Central Statistical Office (KSH) said.

Adjusted for calendar-year effects, retail sales grew at the same pace.

Adjusted food sales fell by 5.6% in October and non-food sales edged down by 0.9%, while motor fuel sales climbed 19.7%.

In absolute terms, retail sales came to 1,520 billion forints (EUR 3.7bn).

Food sales accounted for 46% of the total, non-food sales for 36% and sales at petrol stations for 18%.

Retail sales growth has slowed every month since April.

Full report available here

  • How does this content make you feel?

XpatLoop Media Partner

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.

Explore More Reports