KSH: Hungaryʼs retail sales up 4.8%

Food

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Retail sales in Hungary were up 4.8% in year-on-year terms in November, according to raw data and rose by 4.3% adjusted for calendar effects, Hungary’s Central Statistical Office (KSH) confirmed today in a second reading of data.

According to KSH, the volume of sales rose by 1.7% in food, drinks and tobacco stores, by 7.7% in non-food retail trade and by 4.7% in automotive fuel retailing in November in year-on-year terms, adjusted for calendar effects.

In November, sales in the national retail trade network as well as in mail order and internet retailing reached HUF 801 billion at current prices, KSH said, adding that food, drinks and tobacco stores accounted for 45% of all retail sales, while the relevant figures for non-food retail shops and the network of petrol stations were 39% and 16% respectively.

In the period of January-November 2015, the volume of sales, according to calendar adjusted data, was up 5.7% in year-on-year terms, KSH data shows. Over the period, the volume of mail order and internet retailing involving a wide range of goods rose by 26%, continuing a multi-year expansion, while the volume of sales in automotive fuel stations rose by 4.7%, KSH added.

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