Latest Retail Sales Figures on Rise in Hungary
- 10 Jan 2025 9:06 AM
Retail sales in Hungary rose 4.1pc year-on-year in November, adjusted for calendar year effects, data released by the Central Statistics Office (KSH) on Thursday show.
Retail sales climbed an unadjusted 3.7pc.
Adjusted food sales increased 5.3pc, non-food sales rose 4.5pc and vehicle fuel sales edged up 1.3pc.
Retail sales inched up 0.6pc in a month-on-month comparison, adjusted for seasonal and calendar year effects.
In absolute terms, retail sales came to HUF 1,684bn in November. Food sales accounted for 47pc of the total, non-food sales for 38pc and sales at petrol stations for 15pc.
For the period January-November, retail sales rose an adjusted 2.9pc and an unadjusted 3.1pc from the same period a year earlier.
The fresh data show a continuation of the growth trend in retail sales, the National Economy Ministry said in a statement. Households' propensity to spend is returning, supported by real wage growth, it added.
Full report available here
Source:
MTI - The Hungarian News Agency, founded in 1881.
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