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Retail sales growth slows to 2.4% in February

Retail sales in Hungary were up 2.4% year-on-year on a seasonally adjusted basis in February 2005 compared to the same month of 2004, according to figures released by the Central Statistical Office (KSH). This compares to adjusted growth of 3.2% in January and 2.2% in December.

2005. április 25. hétfő, 12:32

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Unadjusted growth was 1.9% in February and 2.5% in January-February, while seasonally adjusted figures show growth of 2.8% for the first two months of 2005. Meanwhile, retail sales were stagnant in February compared to the previous month according to seasonally and working day adjusted figures, following monthly growth of 0.3% in January.
Growth was driven by non-food retail sales, up 3.5% adjusted in February and 5.0% in the first two months, while sales of food, beverages and tobacco were only up 0.2% in February and declined a notch for the year to date.

NAPI Online
NAPI Online

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