KSH: Retail sales climb 5.2%

Food

Retail sales in Hungary rose 5.2% year-on-year in October according to both calendar year-adjusted and unadjusted data, the Central Statistics Office (KSH) said in a second reading of data on Friday.

Year-on-year, the turnover of non-food retailing increased by 6.6% in October. The volume of sales rose year-on-year in textile, clothing and footwear outlets (14.1%), non-specialized stores (10.2%), second hand goods stores (9.9%), books, computer equipment and other specialized stores (6.3%) as well as in pharmaceutical, medical goods and cosmetics shops (6.0%). The volume of sales in furniture and electrical goods retail outlets fell by 1.6% year-on-year.

According to KSH, in October 2014, sales in the national retail trade network as well as in mail order and internet retailing increased year-on-year by HUF 42 bln to HUF 811 bln at current prices. In October 2014, food, drinks and tobacco stores accounted for 44.8% of all retail sales, while the figures for non-food retail shops and the network of petrol stations were 36.2% and 19.0% respectively.

In October, the volume of sales increased by 3.7% in specialized and non-specialized food retailing. In food retailing, non-specialized food, drinks and tobacco stores accounted for the overwhelming majority of sales (77.6%). Sales volumes increased year-on-year by 2.4% in these stores and rose by 8.7% in specialized food, beverage and tobacco stores.

The figures were the same as those in a first reading released on December 3.

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