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Retail sales up 5.8% y.o.y. in September

Retail

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In September 2021, the volume of retail trade in both raw and calendar-adjusted data was 5.8% higher than in the same month of the previous year, according to data released by the Central Statistical Office (KSH).

Compared to September 2020, the volume of sales increased by 3% in specialized and non-specialized food retailing. The volume of sales increased by 3.6% in non-specialized food and beverages shops accounting for 74% of food retailing and by 1.4% in specialized food, beverage, and tobacco stores.

The turnover of non-food retailing increased by a total of 8.1%. Sales volumes rose by 23% in textiles, clothing, and footwear shops, by 16% in second-hand goods shops, by 8.8% in pharmaceutical, medical goods, and cosmetics shops, by 5% in books, computer equipment, and other specialized stores and by 2.1% in non-specialized shops dealing in manufactured goods. Sales volumes fell by 6.2% in furniture and electrical goods stores.

Mail order and internet retailing, which covers a wide range of goods and accounts for 8.9% of retail sales, continued to expand in volume, by 19%.

Sales volumes in automotive fuel stations increased by 8.4%.

Sales in motor vehicles and motor vehicle parts and accessories stores not belonging to retail data decreased by 5.5%.

In September 2021, domestic retail sales amounted to HUF 1.194 trillion at current prices.

Specialized and non-specialized food shops accounted for 45% of all domestic retail sales, while the relevant figures for non-food retail trade and retail trade of petrol stations were 38% and 17% respectively.

In the first nine months of 2021, the volume of retail trade increased by 2.8% compared to the same period last year. The volume of sales rose by 1.9% in specialized and non-specialized food shops, by 4.2% in non-food retail trade, and by 3.3% in automotive fuel retail trade.

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