Retail sales rose by four percent in October
The volume of retail sales increased by 4.0 percent in October, compared to the previous year, after the 5.1 percent growth of September, while the calendar adjusted data shows a 4.5 percent increase – the Central Statistical Office (KSH) announced its first estimate on Thursday.
The calendar effect adjusted volume of retail trade of food and beverages increased by 2.0 percent, while in non-food retail the growth was 7.8 percent, and 3.4 percent in fuel retail sales.
In the first ten months of the year the sales volume – according to calendar adjusted data – was 5.8 percent higher than in the same period of last year. (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
OECD: Food price inflation fell sharply in most countries
The Paris-based Organization for Economic Cooperation and Development, the OECD,…
Read more >MBH Bank: Growth may accelerate in the second half of the year, next year GDP may increase by 3.7 percent
The outlook for the Hungarian economy is stable, so thanks…
Read more >