Retail sales rose 3.5pc when adjusted for calendar year effects.

Adjusted food sales increased 2.1pc, non-food sales climbed 4.3pc and vehicle fuel sales rose 1.7pc.

Online and mail-order sales volume, which accounted for 9.3pc of retail turnover, rose 2.8pc.

In a month-on-month comparison, retail sales inched up 0.2pc, adjusted for seasonal and calendar year effects.

In absolute terms, retail sales came to HUF 1,975bn in December. Food sales accounted for 49pc of the total, non-food sales for 39pc and sales at petrol stations for 12pc.

For the full year, retail sales rose an unadjusted 2.7pc and an adjusted 2.9pc. Food sales increased an adjusted 2.5pc, non-food sales rose 4.4pc and motor fuel sales inched up 0.8pc.

Full report available here
 

Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com
 

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