ITM: online retail broke another record in March

By: Trademagazin editor Date: 2021. 05. 06. 11:22

Internet and parcel sales in Hungary surpassed all previous performance for the third time in one year. The peak of 114 billion in April last year was passed on by e-commerce by 137 billion in November. In March this year, online traffic grew by 62 percent, compared to the previous year, amounting to about 140 billion HUF – Cseresnyés Péter, State Secretary for Trade Policy and Consumer Protection at the Ministry of Innovation and Technology (ITM), commented on the latest data.

The ministry’s announcement cites the March series of data released by the Central Statistical Office (KSH), according to which retail sales performance decreased by 1.5 percent on raw data and by 2.0 percent on a calendar basis. For most of the month, for more than three weeks, stores selling non-daily consumer goods were closed under emergency regulations. The slight decline is mainly due to this, as not only grocery stores, drugstores and pharmacies were able to receive customers in March last year. (MTI)