KSH: Retail sales up 2.5 % in July

Food

Retails sales in Hungary rose 2.5% in July on a year-on-year basis, according to calendar-adjusted figures, a publication of the Central Statistics Office (KSH) revealed today. 

Retail food, drinks and tobacco sales went up 1.5% in July. Non-food sales were up 3.3% while vehicle fuel sales climbed 3.4%.

Food, drinks and tobacco stores accounted for almost half (45.7%) of all retail sales. Non-food retail shops provided 34.2% and gas stations provided 20.1% of the retail sales.

Sales of food, beverages and tobacco in non-specialized stores were down 2.3% from the previous year, while there was an 18.4% increase in specialized food, beverage and tobacco stores.

Retail sales of non-food products increased by 3.3% year-on-year in July and sales of clothing and footwear recorded an increase of 10.9%.

KSH noted that the figures for tobacco sales for this period are not to be compared with last year’s statistics for the same period, since a state monopoly on retail tobacco sales was introduced mid-2013 and data sources are different. 

ADVERTISEMENT

More Romanians at poverty risk since the COVID pandemic Analysis

More Romanians at poverty risk since the COVID pandemic

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.