Retail sales up 4.1% y.o.y. in January


Image by Pixabay

In January 2022, the volume of retail sales in Hungary increased by 4.5% according to raw data and by 4.1% when adjusted for calendar effects compared to the same period of the previous year, according to data released by the Central Statistical Office (KSH).

According to calendar-adjusted data, the volume of sales did not change in specialized and non-specialized food retailing. Compared to January 2021, the volume of sales decreased by 0.8% in non-specialized food and beverages shops accounting for 75% of food retailing and increased by 2.3% in specialized food, beverage, and tobacco stores.

The turnover of non-food retailing increased by a total of 6.4% in volume compared to the first month of 2021. Sales volumes rose by 33% in second-hand goods shops, by 18% in pharmaceutical, medical goods and cosmetics shops, by 15% in textiles, clothing and footwear shops and by 2.2% in books, computer equipment and other specialized stores. Sales volumes fell by 3.6% in non-specialized shops dealing in manufactured goods and by 6.3% in furniture and electrical goods stores.

The volume of mail order and internet retailing accounting for 9.9% of all retail sales and involving a wide range of goods rose by 8.2%, continuing a multi-year expansion.

The volume of sales in automotive fuel stations increased by 10.7%.

Sales in motor vehicles and motor vehicle parts and accessories stores not belonging to retail data decreased by 4.5%.

In January 2022 as a whole, domestic retail sales amounted to HUF 1.094 trillion at current prices.

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 37% and 17% respectively.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

Cordia’s Marina City Project Begins Residential

Cordia’s Marina City Project Begins

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...


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.