KSH: Retail sales growth of 8.2% best since 2004

Figures

Hungarian retail sales saw a year-on-year rise of 8.2% in January, accelerating from 5.7% in the previous month, preliminary calendar year-adjusted data released by the Central Statistics Office (KSH) today reveal. This is the biggest year-on-year increase in retail sales recorded by KSH since 2004.

According to unadjusted data, retail sales in January were up 7.7% from December, following the previous month’s increase of 6.2%

KSH added that retail food sales increased by an adjusted 5.5% and non-food sales were up by 11.1%, both accelerating from the previous month. Vehicle fuel sales increased by 9.4% from a year earlier following a 10.8% rise in December.

ADVERTISEMENT

Czech Economic Confidence Weakens in February Analysis

Czech Economic Confidence Weakens in February

Parliament Elects Sulyok as New Hungarian President Parliament

Parliament Elects Sulyok as New Hungarian President

PwC Hungary to Introduce 4-day Summer Working Week HR

PwC Hungary to Introduce 4-day Summer Working Week

Diversity in Focus at AmCham Hungary's HR Dream Day Conferences

Diversity in Focus at AmCham Hungary's HR Dream Day

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.