Retail sales up 15.8% year-on-year in April

Retail

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In April 2022, the volume of sales in retail trade increased by 15.7% according to raw data and by 15.8% when adjusted for calendar effects compared to the same period of the previous year, according to data published by the Central Statistical Office (KSH).

Compared to April 2021, the volume of sales increased by 7.1% in specialized and non-specialized food retailing. The volume of sales increased by 6.8% in non-specialized food and beverages shops accounting for 76% of food retailing and by 8% in specialized food, beverage, and tobacco stores.

The turnover of non-food retailing increased by a total of 15.4% in volume. Sales volumes rose by 67% in textiles, clothing, and footwear shops, by 51% in second-hand goods shops, by 29% in books, computer equipment, and other specialized stores, by 14%-14% in pharmaceutical, medical goods and cosmetics shops and furniture and electrical goods stores and by 11% in non-specialized shops dealing in manufactured goods.

The volume of mail order and internet retailing accounting for 8.1% of all retail sales fell by 4.2%.

The volume of sales in gas stations grew by 37.3%.

Sales in motor vehicles and motor vehicle parts and accessory stores not belonging to retail data increased by 1.5%.

Domestic retail sales amounted to HUF 1.373 trillion at current prices in April 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.

In January-April 2022, the volume of retail trade increased by 11.8% compared to the same period of 2021. The volume of sales rose by 2.6% in specialized and non-specialized food shops, by 16.4% in non-food retail trade, and by 30% in automotive fuel retail trade.

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