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Latest Retail Sales Figures Down in Hungary

• 7 Feb 2024 6:56 AM
• Hungary Matters

Retail sales in Hungary fell by an annual 1.0% in December, the Central Statistical Office (KSH) said on Tuesday.

Retail sales edged down by 0.2% when adjusted for calendar year effects. Adjusted food sales rose by 1.3%, while non-food sales dropped by 3.0%.

Vehicle fuel sales were 3.8% higher. Month on month, sales were 1.4% higher.

In absolute terms, retail sales came to 1,811 billion forints (EUR 4.7bn) in December.

Food sales accounted for 49% of the total, non-food sales for 37% and sales at petrol stations for 14%.

In the full year, retail sales dropped by 7.9%.

Full report available here.

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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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