KSH: Hungary’s retail sales up 4.6% in August

Retail

Hungary’s retail sales, according to both raw and calendar-adjusted data, saw a year-on-year rise of 4.6% in August, Hungary’s Central Statistical Office confirmed today in a second reading of data.

August saw sales in the national retail trade network as well as in mail order and internet retailing reach HUF 817 bln at current prices, KSH reported. Food, drinks and tobacco stores accounted for 47% of all retail sales, while the relevant figures for non-food retail shops and the network of petrol stations were 35% and 18% respectively, KSH data suggest.

KSH reports that the volume of sales increased by a y.o.y. 3.7% in specialized and non-specialized food retailing, while the turnover of non-food retailing increased by 4.5%.

“Sales rose in non-specialized stores (12%), second hand goods shops (6.9%), pharmaceutical, medical goods and cosmetics shops (5.7%), textiles, clothing and footwear shops (4.2%), as well as in books, computer equipment and other specialized stores (2.7%). The volume of sales in furniture and electrical goods stores fell by 0.4%,” KSH reports.

The volume of mail order and internet retailing involving a wide range of goods rose by 28%, and the volume of sales in automotive fuel stations rose by 7.2%, KSH said. Sales in motor vehicles and motor vehicle parts and accessories stores – not regarded as retailing by the European Statistical System – decreased by 16%, KSH added.

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