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Retail sales up 7.3% y-on-y in September

Hungarian retail sales were up an adjusted 7.3% year-on-year in September, according to data released by the Central Statistical Office (KSH) Wednesday.

2005. november 28. hétfő, 07:00

This represents the highest rise this year, bringing growth for the first nine months to 5.4% over the same period of the previous year. The third quarter saw a rise of 6.0% on the year, similar to Q2 but significantly up on 3.3% in Q1.

The two principal retail categories, food, beverages and tobacco and non-food products, recorded similar rises over the year. The latter was up 7.9% while the former came in somewhat below this as 6.6%.

In non-food products the strongest categories were pharmaceuticals and household goods, rising a respective 9.3% and 13.1% y-on-y in September and showing relatively strong performance throughout the year. In smaller categories, double-digit increases were seen in sales of books and newspapers.

The strongest performer year-to-date was mail order sales, which were up 17.8% since the beginning of the year, due to very strong growth up to April. However, the category still accounts for just half a percent of total retail sales.

Month on month retail sales growth was 1.0% in September. Retail sales of food beverages and tobacco were up 1.0% during the month while sales of non-food products rose 1.2%.

NAPI Online
NAPI Online

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