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Retail Sales in Hungary Down 7.7%

• 7 Sep 2023 7:19 AM
• Hungary Matters

Retail sales in Hungary fell by an annual 7.7% in July, dropping for the seventh month in a row, the Central Statistical Office (KSH) said.

Adjusted for calendar year effects, retail sales declined by 7.6%.

Adjusted food sales fell by 4.1%, non-food sales by 5.5% and vehicle fuel sales by 20.5%.

Month on month, retail sales fell by an adjusted 0.2%.

For the period January-July, retail sales dropped by an annual 9.9%, according to both unadjusted and adjusted figures.

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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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