Retail sales in Hungary grow 1% in February

Food

Hungary’s retail sales volume growth slowed to 1% in February, according to raw data, and by 1.2% adjusted for calendar effects, as compared to the same month a year earlier, according to a first estimate of data published by the Central Statistical Office (KSH) today. The KSH attributes the low growth figure chiefly to a high base effect.

The volume of sales, adjusted for calendar effects, rose by 0.2% in specialized and non-specialized food shops, by 3.1% in non-food retail shops, and by 2.1% in automotive fuel retail, the KSH said.

In the January-February period, the volume of sales – also according to calendar-adjusted data – was 2.5% higher than in the corresponding period of the previous year, the KSH added.

HUPX Joining Serbian, Slovenian Peers in Adex Power

HUPX Joining Serbian, Slovenian Peers in Adex

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.