Hungary retail sales fall 1.1% in February

Pharma

Retail sales in Hungary fell a calendar-year-adjusted 1.1% year-on-year in February, slowing from a 2.6% decline in the previous month, the Central Statistics Office (KSH) said on Wednesday. The February drop was revised up from a 1.4% decline in a first reading of data published on April 4. Food sales dropped a calendar-year-adjusted 2.6% in February. Non-food sales edged up 0.4% and vehicle fuel sales were down 3.8%. Unadjusted data show retail sales fell 2.3% in February, decelerating from a 2.6% decline in January. In a month-on-month comparison, retail sales rose 0.2% year-on-year in February after falling 0.4% in January, adjusted for seasonal and calendar-year effects. Food sales dipped 0.2% but non-food sales rose 0.7%. Fuel sales slipped 0.7%. In absolute terms, retail sales came to HUF 555.4 billion in February. Food sales reached HUF 269.1 billion and non-food sales were HUF 181.8 billion.

ADVERTISEMENT

Industries lose billions on counterfeit products Analysis

Industries lose billions on counterfeit products

Parl't to vote on groundwork for commercial accommodation ra... Parliament

Parl't to vote on groundwork for commercial accommodation ra...

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest re-launches airport shuttle bus City

Budapest re-launches airport shuttle bus

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.