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IKEA Hungary sales climb almost 12%

Retail

Peter Gudella / Shutterstock.com

Sales in Hungary of Swedish home furnishings giant IKEA rose almost 12% to HUF 109 billion in its business year ended August 31, IKEA Magyarország said on Thursday, according to a report by state news wire MTI.

IKEA's online sales in Hungary increased 6% and accounted for 19.3% of total turnover.

The average online purchase came to HUF 55,968 in 2021, more than double the HUF 24,055 average purchase at IKEA's brick-and-mortar businesses.

Around 7 million shoppers visited IKEA's stores in Hungary last year. About 2.8 million of them ate at IKEA's in-store restaurants, consuming 469,000 Swedish meatballs.

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