Hungary retail sales fall 4.1% in January

Pharma

Retail sales in Hungary fell a calendar year-adjusted 4.1% year-on-year in January, accelerating from a 2.1% decline in the previous month, the Central Statistics Office (KSH) said on Tuesday. Retail sales have contracted in a twelve-month comparison every month since last April. Retail sales of food, drinks and tobacco declined 3.5% year-on-year in January. Sales of non-food products were down 6.5%, and fuel sales fell 1.3%. Detailed information on retail sales for the period will be available in KSH's stADAT system from March 26.

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