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Retail Sales Growth Decelerates To 6.8% In June

• 24 Aug 2018 8:27 AM
• Hungary Matters

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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Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

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