May growth creates new hope

In May 2011 the volume of retail expanded by 0.7 percent – reports KSH. Domestic retail network and mail order companies generated sales of HUF 646 billion in May. 45 percent of retail sales was realised in food and food-type stores, 19 percent of sales occurred at petrol stations, 12 percent took place in furniture/household product/building material stores. Food and food type product stores realised the same level of volume sales as twelve months earlier; compared with the previous month, food volume sales stagnated but non-food retail edged up 1.3 percent.