KSH data reveal that adjusted for calendar effects, the volume of sales rose by 3% in food, drinks and tobacco stores, by 6.9% in non-food retail trade and by 6.1% in automotive fuel retailing.
In the period of January-September, the volume of sales – according to both raw and calendar adjusted data – was 5.9% higher in year-on-year terms.
Calendar adjusted food sales saw a y.o.y. 3% rise in September, non-food sales grew by 6.9% and fuel sales were up by 6.1%, KSH data reveal.
A second reading of data by KSH is scheduled to be published on November 26.
Although the Sunday closure law, a legislation requiring retailers to stay closed on Sundays, came into effect on March 15, more data and time is needed to gauge the effects of the measure, KSH said.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
