Hungary’s retail sales grew 6% in May

Food

Sales in Hungarian retail stores increased by 6% according to raw data for May, compared to the same month a year earlier, and was up by 5.4% when adjusted for calendar effects, Hungary’s Central Statistical Office (KSH) said this morning in a first release of data.

The volume of sales, adjusted for calendar effects, rose by 2.6% in specialized and non-specialized food shops, by 9.8% in non-food retail shops and by 4.3% in automotive fuel retailing, KSH reported.

In the January-May period, the volume of sales – also according to calendar adjusted data – grew by 3.5%, as compared to the same five months a year earlier, according to KSH data.

MNB Gauges Interest in Operating on Hungary Crypto-assets Ma... MNB

MNB Gauges Interest in Operating on Hungary Crypto-assets Ma...

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Budapest Airport Building on ‘Strong Employer Brand’ and ‘Vi... HR

Budapest Airport Building on ‘Strong Employer Brand’ and ‘Vi...

Silvanus Hotel Under Reconstruction, Will Reopen in Fall Hotels

Silvanus Hotel Under Reconstruction, Will Reopen in Fall

SUPPORT THE BUDAPEST BUSINESS JOURNAL

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.