Decreases in sales were recorded in stalls & markets (-25.2% vs -17.6% in January), other household equipment in specialized stores (-19.3% vs 10.7%), food, beverages & tobacco in specialized stores (-7.2% vs 1.7%), other goods in specialized stores (-2.4% vs 3.3%), sales not in stores, stalls or markets (-2.1% vs 3.8%) and non-specialized stores (-4.3% vs -6.2%).
At the same time, sales slowed down for ICT in specialized stores (18.9% vs 34.1%), automotive fuel in specialized stores (43.1% vs 45.2%), and cultural and recreational goods in specialized stores (5.1% vs 6.1%).
On a monthly basis, retail sales dropped 0.6%, following a 0.4% fall in January.
A separate report from the Bratislava-based agency showed that the country's industrial production shrank 4.7% year-on-year in February, although easing from an 8.6% fall in the previous month.
On a seasonally adjusted monthly basis, industrial output increased by 2.3% in February, recovering from a 1.5% fall in the previous month.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
