Hungary Retail Sales up 3% y.o.y. in Sep

Retail

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In September 2022, the volume of retail trade in Hungary was 3% higher than in the same month of the previous year, according to both raw and calendar-adjusted data published by the Central Statistical Office (KSH).

The volume of sales decreased by 2.8% in specialized and non-specialized food retailing compared to September 2021. The volume of sales decreased by 3.3% in non-specialized food and beverages shops accounting for 75% of food retailing and by 1.1% in specialized food, beverage, and tobacco stores.

The turnover of non-food retailing increased by a total of 2.7% in volume. Sales volumes rose by 21% in second-hand goods shops, by 15% in textiles, clothing and footwear shops, by 8.4% in non-specialized shops dealing in manufactured goods, by 3.4% in books, computer equipment and other specialized stores, and by 1% furniture and electrical goods stores. Sales volumes decreased by 1% in pharmaceutical, medical goods, and cosmetics shops.

The volume of mail order and internet retailing accounting for 7.8% of all retail sales and involving a wide range of goods fell by 2.4%.

The volume of sales in automotive fuel stations increased by 18.6%.

Sales in motor vehicles and motor vehicle parts and accessories stores not belonging to retail data decreased by 4.4%.

Domestic retail sales amounted to HUF 1.457 trillion at current prices in September 2022.

Specialized and non-specialized food shops accounted for 46% of all retail sales, while the relevant figures for non-food retail trade and retail trade of petrol stations were 36% and 18% respectively.

Jan-Sep Retail Volume up 7.8%

The volume of retail trade increased by 7.8% in January-September 2022 compared to the same period of 2021.

The volume of sales rose by 0.5% in specialized and non-specialized food shops, by 8.7% in non-food retail trade, and by 26.9% in automotive fuel retail trade.

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