The autumn started weakly in retail trade
Retail performance in September started off weaker compared to August, showing a 1.4% decline month-over-month after seasonal adjustments, partially attributed to disruptions from flooding.
This drop interrupted the upward trend observed since the year’s start, although year-on-year sales volumes grew by 1.7% in September due to a low base from previous years. Between January and September, retail volume increased by 2.7% overall, with food retail rising 3.8%, non-food at 2.3%, and fuel sales up by 0.6%.
Consumer confidence has been impacted by price shifts: food prices rose by 3.7% in September, while fuel prices dropped by 9.5%. E-commerce expanded by 11% year-on-year but now holds only 8.3% of retail due to intense competition from global players, including new entrants like Allegro. The GKI business confidence index reflected increased pessimism, especially within the retail sector, now seen as the most pessimistic industry.
Related news
Domestic lettuce became cheaper, imported lettuce more expensive at the beginning of the year
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: industrial production fell by 2.5 percent in January compared to the same period of the previous year, and expanded by 1.5 percent compared to the previous month
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >NGM: the second phase of the tender aimed at improving working conditions will start next week
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Green transition on the air conditioning market
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >BudapestGO continues to develop: the March application update brings more convenient use
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Why does the rabbit lay eggs at Easter?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >


