Domestic retail sales up 5.8% y-o-y in August
The volume of retail sales in Hungary increased by 5.8% in August, according to raw data, and were up by 4.3% adjusted for calendar effects, as compared to the same month of 2015, Hungary’s Central Statistical Office (KSH) said today in a first reading of data.
In August, adjusted for calendar effects, the volume of sales rose by 2.8% in specialized and non-specialized food shops, by 6.1% in non-food retail shops and by 7.5% in automotive fuel retailing, according to KSH data.
In the January-August period, as compared to the equivalent period a year earlier, the volume of sales – also according to calendar-adjusted data – was 4.9% higher, KSH data show.
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.