Retail Sales Growth Decelerates To 6.8% In June

  • 24 Aug 2018 8:27 AM
  • Hungary Matters
Retail Sales Growth Decelerates To 6.8% In June
Retail sales in Hungary climbed 6.8% in June from the same month a year earlier, decelerating from a 7.1% growth in May, a second reading of data released by the Central Statistical Office (KSH) shows.

Calendar-adjusted data show retail sales were up by an annual 6.4% in June. The unadjusted figure for June was revised upwards from 6.5% and the adjusted one from 6.1% in the first reading published on August 3.

Adjusted food sales were up by 3.1% in June, non-food sales climbed 10.9%, fuel sales were up by 5.8% year-on-year. In absolute terms, retail sales came to 965 billion forints (EUR 3bn) in June.

In January-June calendar year-adjusted retail sales rose by an annual 6.9% as did unadjusted sales. Adjusted food sales rose by 4.4% non-food sales climbed 9.9% and fuel sales increased by 7.5% in the first half of 2018.

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