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Fuel Sales Help Hungarian Retail Trade Figures

D&T
Dec 5, 2022

In October 2022, the volume of retail trade in both raw and calendar-adjusted data was 0.6% higher than in the same month of the previous year in Hungary, the Central Statistical Office reports. Details reveal that that in October, calendar-adjusted sales volumes decreased by 5.6% in specialized and non-specialized food shops and by 0.9% in […]

Czech Online Drugstore Enters the Hungarian Market

D&T
Nov 13, 2022

Pilulka, the Czech Republic's largest online pharmacy, has launched operations in Hungary and will soon continue its expansion in Austria, the company has told the Hungarian state news agency MTI. Pilulka.hu aims to become Hungary's number one online drugstore, also accessible from mobile apps. According to the statement, the Czech online drug retail and mail […]

Significant Price Increases in the Used Car Market

D&T
Oct 11, 2022

The average price of advertised cars increased to HUF 4.62 million in the third quarter of this year, while at the beginning of 2020 it was still HUF 2.5 million, and at the end of 2021 it was slightly above HUF 4.5 million, the used cars portal Használtautó.hu told the state news agency MTI on […]

Sales in Hungarian Retail Shops Up by 4.3%

D&T
Sep 5, 2022

In July 2022, the volume of sales in retail trade in Hungary increased by 3.8% according to raw data and by 4.3% when adjusted for calendar effects compared to the same period of the previous year, the country's Central Statistical Office reports. In July, calendar-adjusted sales volumes decreased by 2.9% in specialised and non-specialised food […]

Energy Crisis Plan for Hungarian Shops

D&T
Aug 27, 2022

In the midst of the current severe energy crisis, the member businesses of the Hungarian Trade Association (OKSZ) – distributors of all sectors, including food, drugstore, various industrial goods such as clothing, toys, furniture, technical and DIY – have been looking at how they can operate more cost-effectively than ever before, as the drastic increase […]

Retail Trade Volume Continues to Fall in Hungary

D&T
Aug 3, 2022

Retail sales in Hungary are down for the third month in a row. This is according to the latest report of the Central Statistical Office (KSH). On an annual basis, the volume of retail trade increased by 4.5% in June. Compared to May, the volume fell by 0.5%. After the May figure was also revised […]

Sales in Hungarian Retail Shops Up by 15.8%

D&T
Jun 3, 2022

In April 2022, the volume of sales in retail trade in Hungary increased by 15.7% according to raw data and by 15.8% when adjusted for calendar effects compared to the same period of the previous year, the Central Statistical Office reports. In April, calendar-adjusted sales volumes rose by 7.1% in specialized and non-specialized food shops, […]

Hungarians' Favorite Car Models

D&T
Mar 8, 2022

Although the Suzuki Vitara has been the market leader among new cars in Hungary since its launch in 2015, the Opel Astra, another model with Hungarian roots, is the favorite in the used car market. Not only did it top the list of domestic changes of ownership and second-hand imports in 2021, it also registered […]

Record Highs on the Used Car Market in 2021

D&T
Jan 20, 2022

According to preliminary data, the domestic used car market saw an all-time high of almost 819,000 cars changing hands last year, up 3.4% from 791,000 domestic transfers the year before. This means that the domestic market for used cars has doubled in less than a decade, JóAutók.hu told MTI on Thursday. The growth of the […]

Euronics: Sales Up over 11% in 2021

D&T
Jan 20, 2022

The retail sales at the technical goods chain Euronics in Hungary increased by more than 11% to HUF 71 billion last year compared to the previous year, the highest annual turnover in the history of the chain, the company told the state news agency MTI on Thursday. According to the Hungarian-owned company, sales through the […]

Sales in Retail Shops Up by 5.7%

D&T
Dec 4, 2021

In October 2021, the volume of retail trade in both raw and calendar-adjusted data was 5.7% higher in Hungary than in the same month of the previous year, the country's Central Statistical Office reports. In October, calendar-adjusted sales volumes rose by 3.4% in specialised and non-specialised food shops, by 6.3% in non-food retailing and, as […]

A Lot of Shops Have Disappeared in Hungary

D&T
Oct 2, 2021

Over the past five years, 18,000 shops have closed in Hungary, leaving a retail network of 116,000 shops at the end of last year. And there are huge differences in daily spending across the country, the business news site napi.hu reports. The number of retail outlets including tobacco shops has decreased significantly in recent years, […]

3.0% Annual Growth in Retail Sales in Hungary

D&T
Sep 3, 2021

In July 2021, the volume of sales in retail trade increased by 2.5% according to raw data and by 3.0% when adjusted for calendar effects compared to the same period of the previous year. According to figures published by the Central Statistical Office this Friday, calendar-adjusted sales volumes rose by 3.7% in specialized and non-specialized […]

Surplus in Hungarian External Trade of Services

D&T
Aug 30, 2021

In the 2nd quarter of 2021 service exports calculated in EUR increased by 21%, while its imports decreased by 3.4% compared to the same quarter of the previous year. The surplus was EUR 1571 million, EUR 983 million more than in the 2nd quarter of 2020. As reported by Hungary's Central Statistical Office (KSH), the […]

Consumer Behavior During the Pandemic

D&T
Apr 26, 2021

Turnover data at Vivre, an online retailer for home and lifestyle in Central and Eastern Europe, show important changes in consumer behavior in the year after the pandemic outbreak (March 2020 - March 2021) compared to the same period last year. This change was observed of Vivre customers in all nine countries where the company […]

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