Latest Retail Sales Figures up 0.6% in Hungary

  • 9 Jan 2023 9:14 AM
  • Hungary Matters
Latest Retail Sales Figures up 0.6% in Hungary
Hungarian retail sales in November grew by an annual 0.6%, the Central Statistical Office (KSH) said. Calendar-year data showed the same rate of growth. Food sales dropped by 6.7%, while non-food sales were 2.3% lower.

Meanwhile, motor fuel sales rose by 27.7%. Headline growth was unchanged from the previous month. In absolute terms, retail sales came to 1,541 billion forints (EUR 3.9bn).

Food sales accounted for 45% of the total, non-food sales for 38% and sales at petrol stations for 17%.

A detailed breakdown of the data shows adjusted sales fell at nearly all types of retail businesses, with second-hand shops, clothing and footwear shops, computer shops and petrol stations among the exceptions.

For the period January-November, retail sales rose by an unadjusted and adjusted 6.4% year-on-year.

Adjusted food sales slipped 0.8%, non-food sales rose by 6.6% and motor fuel sales climbed 26.2%.

Full report available here

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