KSH: Retail sales up 2.5 % in July

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.
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