Hungary retail sales fall 4.1% in January
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.
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.