logo
Plus   Neg
Share
Email

Hungary Retail Sales Fall In December

Hungary's retail sales declined at a faster pace in December, figures from the Hungarian Central Statistical Office showed on Thursday.

Retail sales fell a calendar-adjusted 4.0 percent year-on-year in December, following a 0.7 percent decrease in November.

Sales of food products increased 1.9 percent annually in December.

Meanwhile, sales of non-food products declined 9.3 percent and those of automotive fuel fell 11.9 percent.

The volume of mail order and internet retailing, which accounted for 9.4 percent of all retail sales and involved a wide range of goods, surged by 24.0 percent yearly in December, continuing a multi-year expansion, the agency said.

On a seasonally adjusted basis, retail sales volume fell by 0.2 monthly in December.

On a non-adjusted basis, retail sales fell 3.2 percent annually in December, following a 0.3 percent decrease in the previous month.

For the January to December period, retail sales fell 0.2 percent.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT