Retail Sales Climb 4.7% in Hungary

  • 7 Mar 2025 11:49 AM
Retail Sales Climb 4.7% in Hungary
Retail sales in Hungary rose 4.7pc year-on-year in January, data released by the Central Statistics Office (KSH) show.

Retail sales climbed at the same pace when adjusted for calendar year effects.

Adjusted food sales increased 4.7pc, non-food sales rose 5.6pc and vehicle fuel sales climbed 1.9pc.

Retail sales increased 2.2pc in a month-on-month comparison, adjusted for seasonal and calendar year effects.

In absolute terms, retail sales came to HUF 1,477bn in January. Food sales accounted for 49pc of the total, non-food sales for 35pc and sales at petrol stations for 16pc.

Commenting on the fresh data, the National Economy Ministry said retail sales were off to a "flying start", adding that the government was working to boost economic performance, leaving households with more to spend.

Full report available here

Source: 
MTI - The Hungarian News Agency, founded in 1881.

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.

  • How does this content make you feel?

Explore More Reports

  • Latest Retail Sales Up in Hungary

    Latest Retail Sales Up in Hungary

    • 8 Apr 2025 12:35 PM

    Retail sales in Hungary rose 3.3pc year-on-year in February according to calendar-adjusted figures, data released by the Central Statistics Office (KSH) show.

  • Russian Discount Grocery Store Chain Mere Continues to Make Waves in Hungary

    Russian Discount Grocery Store Chain Mere Continues to Make Waves in Hungary

    • 17 Mar 2025 6:20 AM

    There are few establishments that sound less tempting than a Russian-owned discount grocery store. And yet – the chain Mere continues to make waves in Hungary. Turns out, their Hungarian manager is also connected to a generously state-funded film, a public media supplier, and Antal Rogán’s father-in-law.

  • Retail Sales Edge Up Slightly in Hungary

    Retail Sales Edge Up Slightly in Hungary

    • 7 Feb 2025 9:55 AM

    Retail sales in Hungary inched up 0.1pc year-on-year in December, adjusted for calendar year effects, data released by the Central Statistics Office (KSH) show.

  • Latest Retail Sales Figures on Rise in Hungary

    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.