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Retail sales up by 4.1 percent

In August 2024, the volume of sales in retail trade increased by 3.2% according to raw data and by 4.1% when adjusted for calendar effects compared to the same period of the previous year. Calendar-adjusted sale volumes grew by 7.5% in specialized and non-specialized food shops, by 2.9% in non-food retailing and fell by 1.2% in automotive fuel retailing. According to seasonally and calendar adjusted data, the volume of retail sales increased by 0.8% compared to the previous month. In January–August 2024, the volume of sales – also according to calendar adjusted data – was 2.8% higher than in the corresponding period of the previous year.

In August 2024, compared to the same period of the previous year, adjusted for calendar effects, the volume of domestic retail sales increased by 4.1%.

The volume of sales grew by 7.5% in specialized and non-specialized food retailing. The volume of sales increased by 8.9% in non-specialized food and beverages shops accounting for 76% of food retailing and by 3.4% in specialized food, beverage and tobacco stores.

The turnover of non-food retailing increased by a total of 2.9% in volume. Sales volumes rose by 7.4% in pharmaceutical, medical goods and cosmetics shops, by 4.9% in furniture and electrical goods stores and by 1.2% in books, computer equipment and other specialized stores, while sales volumes decreased by 2.2% in textiles, clothing and footwear shops, by 2.8% in non-specialized shops dealing in manufactured goods and by 6.9% in second-hand goods shops.

The volume of mail order and internet retailing accounting for 7.0% of all retail sales and involving a wide range of goods rose by 6.1%.

The volume of sales in automotive fuel stations decreased by 1.2%.

Sales in motor vehicles and motor vehicle parts and accessories stores not belonging to retail data decreased by 17%.

In August 2024 domestic retail sales amounted to HUF 1,668 billion at current prices.

50% of the national retail turnover was generated in specialized and non-specialized food shops, 34% in non-food retail trade and 16% in automotive fuel stations.

In January–August 2024, compared to the same period of the previous year, adjusted for calendar effects, the volume of retail trade rose by 2.8%.

The volume of sales rose by 4.1% in specialized and non-specialized food shops, by 1.9% in non-food retail trade and by 1.3% in automotive fuel retail trade.

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