KSH: Retail sales grow 5.2%

Retail sales in Hungary grew by a year-on-year 5.2% in November, remaining unchanged from the previous month, a first release by the Central Statistics Office (KSH) revealed today. According to unadjusted data, retail sales performed a y.o.y. 5.2% as well, remaining unchanged from the preceding month.
Sales of Retail food rose by an adjusted 3.4%, while non-food sales slowed by 5.8%. As compared to the previous month both slowed. The twelve-month growth of vehicle-fuel sales picked up, in contrast, to an adjusted 8.5% from 6.5% in the previous month.
In the period of January-November, retail sales rose by 5.1% according to both calendar year-adjusted and unadjusted data. However, excluding the changes in data collection, which made January-June food sales figures incomparable, the rise was even slower: an adjusted 3.8% and an unadjusted 3.9%.
KSH is scheduled to update the October data on its website on January 29.
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