KSH: Hungary retail sales up 7.2% in June

Food

Retail sales in Hungary saw a year-on-year rise of 7.2% in June, sharply up from May’s 4.4% rise, the Central Statistical Office (KSH) reported in a second reading of data today, with figures being the same as in the first release.

KSH data suggest that in year-on-year terms, the volume of retail sales increased by 6.2%, while the volume of sales increased by 4.5% in specialized and non-specialized food retailing.

The volume of sales grew by 4.1% in non-specialized food, drinks and tobacco stores accounting for 77% of food retailing, and by 5.9% in specialized food, beverage and tobacco stores, the report reveals.

According to KSH, the turnover of non-food retailing increased by 8.1%, sales rose in second hand goods shops (15%), textiles, clothing and footwear shops, books, computer equipment and other specialized stores (both 12%), non-specialized stores (11%), as well as in pharmaceutical, medical goods and cosmetics shops (7.1%), while the volume of sales in furniture and electrical goods was unchanged.

The volume of mail order and internet retailing involving a wide range of goods rose by 29%, continuing a multi-year expansion, KSH noted, adding that the volume of sales of automotive fuel stations rose 9.0%. Sales in motor vehicles and motor vehicle parts and accessories stores – not regarded as retailing by the European Statistical System – increased by 4.3%, data by KSH reveal.

ÁKK Sells HUF 50 bln of Bonds at Auction, Over Plan Debt

ÁKK Sells HUF 50 bln of Bonds at Auction, Over Plan

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

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D... Hotels

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D...

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.