2,000 retail units pulled down the curtain in the first half of 2022
The players in the retail trade have to deal with more and more difficulties, as a result, shops are closing one after another. According to the KSH, in the first half of 2022, more than 2,000 convenience stores pulled down their shutters, so the number of stores – for the first time this year – fell below 110,000.

There have never been so few convenience stores in the country
Due to the labor shortage and the 20% increase in the minimum wage, wage costs have increased, procurement prices are reaching new highs, which they try to pass on to customers, so now food prices in Hungary have risen by more than 40%. There is no example of such a rapid price increase in any EU country – reports Portfolio based on KSH data.
The situation is further complicated by the fact that price caps mainly put small shops in a difficult situation, since they sell fewer products (so the price cap loss should be spread over fewer products), while they are anyway more expensive than multinational companies. The sector is also affected by the special taxes imposed by the government, although this mostly affects the larger chains.
Related news
SPAR closes in Kisújszállás
SPAR in Kisújszállás will close permanently on August 24, Mayor…
Read more >KSH: in July, consumer prices exceeded the values of the same month of the previous year by an average of 4.3 percent, and those of June by 0.4 percent
In July, consumer prices were 4.3 percent higher on average…
Read more >KSH: retail turnover in June exceeded the same period of the previous year by 3.0 percent and the previous month by 0.5 percent
In June 2025, the volume of retail sales increased by…
Read more >Related news
According to the GVH’s investigations, retail is not the culprit in price increases.
It is not the retail trade that is responsible for…
Read more >Nestlé remains the world’s most valuable food brand, according to Brand Finance
Nestlé has been the world’s most valuable food brand for…
Read more >Back to school: families plan with an average of 50-75 thousand forints
According to a recent survey by REGIO JÁTÉK, starting school…
Read more >