Hungary’s retail sales rise 3.4% y/y in April 2013.

By bne IntelliNews June 6, 2013

Hungary’s calendar-adjusted retail sales increased by 3.4% y/y in April 2013, reversing from an annual decrease in the previous twelve months, the statistics office said in a flash estimate.

Sales of food, drinks and tobacco advanced by 3.3% y/y in April, while sales of non-food products remained flat in annual comparison. Sales of automotive fuel witnessed a 6.4% y/y rise. The statistics office said it will provide more detailed data on June 25.

Hungary’s retail sales declined by 1.9% in 2012 on the back of a 3% decrease in the non-food category, while food sales dropped at the slower pace of 0.7%.

Related Articles

Finland gives final nod to construction of Nord Stream II

Finland has issued a second and final permit for the construction of the controversial Nord Stream II pipeline that is to pump gas from Russia directly to Germany via a Baltic Sea route, the Regional ... more

Lufthansa's arrival lifts economy of Hungary's second city

Three large German companies have chosen to invest in Debrecen, Hungary's second-largest city, since Lufthansa launched its first direct flight two years ago, it was announced on April 11.  ... ... more

Hungarian opposition parties bet on strong election turnout as cooperation talks stall

Green opposition party Politics Can Be Different (LMP) has suspended talks with fellow opposition parties after they failed to reach a cooperation agreement ahead of the April general election.  ... more

Dismiss