Retail sales growth slowed, but still strong
Compared to the previous months, the growth of retail sales slowed, but remained strong in August, according to experts who also added that the cheaper fuel continue to pull the balance up.
According to the data published on Monday by the Central Statistical Office (KSH) the volume of retail sales in August increased by 4.7 percent, compared with a year before, according to both the raw and calendar adjusted data. Sales increased by 3.7 percent in food and beverages retail, in non-food retail the growth was 4.6 percent, while fuel retail sales rose by 7.4 percent. (MTI)
Related news
The foreign trade balance of fresh spinach was negative in 2023
In Hungary, spinach is one of the earliest outdoor vegetables. According…
Read more >KSH: in February, the product foreign trade surplus was 1.7 billion euros
In February 2024, the export volume exceeded 3.4 percent, while…
Read more >The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >Related news
The latest issue of Trade magazin is out now!
The digital version is available with more content once again…
Read more >FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month…
Read more >Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in…
Read more >