Retail sales up 5.7% y.o.y. in October

Retail

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In October 2021, the volume of retail trade in both raw and calendar-adjusted data was 5.7% higher than in the same month of the previous year, according to data published by the Central Statistical Office (KSH).

 

The volume of sales increased by 3.4% in specialized and non-specialized food retailing.

Sales increased by 4% in non-specialized food and beverages shops accounting for 75% of food retailing and by 1.7% in specialized food, beverage and tobacco stores.

The turnover of non-food retailing increased by a total of 6.3%. Sales volumes rose by 17% in second-hand goods shops, by 16% in textiles, clothing and footwear shops, by 9.9% in pharmaceutical, medical goods and cosmetics shops, by 7.9% in books, computer equipment and other specialized stores and by 3% in non-specialized shops dealing in manufactured goods. Sales volumes fell by 8.3% in furniture and electrical goods stores.

Mail order and internet retailing, which covers a wide range of goods and accounts for 8.6% of retail sales, continued to expand in volume, by 12%.

Sales at automotive fuel stations increased by 11.5%.

Sales in motor vehicles and motor vehicle parts and accessories stores not belonging to retail data decreased by 4.2%.

Domestic retail sales amounted to HUF 1.278 trillion at current prices.

Specialized and non-specialized food shops accounted for 44% of all domestic retail sales, while the relevant figures for non-food retail trade and retail trade of petrol stations were 38% and 18% respectively.

In January–October 2021, compared to the same period of the previous year, adjusted for calendar effects:

Retail sales up 3.1% y.o.y. in January-October

In the first 10 months of the year, the volume of retail trade increased by 3.1% compared to the same period last year.

The volume of sales rose by 2.1% in specialized and non-specialized food shops, by 4.4% in non-food retail trade, and by 4.2% in automotive fuel retail trade.

 

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