KSH: Retail Sales Up 1.7% In January

  • 29 Mar 2016 9:00 AM
KSH: Retail Sales Up 1.7% In January
Retail sales in Hungary were up 1.7% in January and rose 2.2% adjusted for calendar effects, as compared to the same month a year earlier, according to a first release of data published by the Hungarian Central Statistical Office (KSH).

According to KSH, sales in the national retail trade network and in mail order and internet retailing were HUF 637 billion at current prices, following the 2.2% increase.

In specialized and non-specialized food shops, the volume of sales adjusted for calendar effects was down 1.4% in January, with the high base effect playing a significant role in the change. The volume of sales increased by 6% in non-food retail shops and by 4.4% in automotive fuel retailing.

The first estimate of retail trade figures for February will be published by KSH on April 5.

By Anikó Fenyvesi

Source: BBJ.hu

Budapest Business Journal is a media partner of XpatLoop.com

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