Sales of Retail Shops in Hungary Grew by 2.4%

In August 2022, the volume of sales in retail trade increased by 3.3% according to raw data and by 2.4% when adjusted for calendar effects compared to the same period of the previous year, the Central Statistical Office (KSH) reported this Thursday morning.

In August, calendar-adjusted sales volumes decreased by 2.4% in specialised and non-specialised food shops and rose by 0.5% in non-food retailing and by 18.4% in automotive fuel retailing. In January–August 2022, the volume of sales – also according to calendar adjusted data – was 8.4% higher than in the corresponding period of the previous year.

In August 2022, compared to the same period of the previous year, adjusted for calendar effects:

The volume of domestic retail sales increased by 2.4%.

The volume of sales decreased by 2.4% in specialized and non-specialized food retailing. The volume of sales decreased by 3.7% in non-specialized food and beverages shops accounting for 75% of food retailing and increased by 0.3% in specialized food, beverage and tobacco stores.

The turnover of non-food retailing increased by a total of 0.5% in volume. Sales volumes rose by 6.2% in second-hand goods shops, by 3.7% in books, computer equipment and other specialized stores, by 2.6% in non-specialized shops dealing in manufactured goods and by 2.0% in pharmaceutical, medical goods and cosmetics shops. Sales volumes decreased by 0.8% furniture and electrical goods stores and by 0.9% in textiles, clothing and footwear shops.

The volume of mail order and internet retailing accounting for 7.5% of all retail sales and involving a wide range of goods fell by 3.1%.

The volume of sales in automotive fuel stations increased by 18.4%.

Sales in motor vehicles and motor vehicle parts and accessories stores not belonging to retail data increased by 12%.