articleimg-1
Aug 03, 2017

Hungary's retail sales increase by 5.5 percent in one year

The volume of sales rose by 4.1 percent in specialized and non-specialized food shops, by 8.5 percent in non-food retail shops and by 5.1 percent in automotive fuel retailing

Hungary's retail sales rose by an annual 5.5 percent in June, the Central Statistical Office (KSH) has announced. Retail sales increased by 6 percent when adjusted for calendar year effects.

The volume of sales, adjusted for calendar effects, rose by 4.1 percent in specialized and non-specialized food shops, by 8.5 percent in non-food retail shops and by 5.1 percent in automotive fuel retailing.

In January–June 2017, the volume of sales – also according to calendar adjusted data – was 3.9 percent higher than in the corresponding period of the previous year.

In the first five months of the year compared with the same period a year before, retail sales were up by 3.7 percent according to unadjusted figures and rose by 3.5 percent according to adjusted data.