Hungary Retail Sales Growth Slows In June

Hungary's retail sales rose at a softer pace in June, data from the Hungarian Central Statistical Office showed on Wednesday.

Retail sales rose a working-day adjusted 4.5 percent yearly in June, after a 10.9 percent growth in May.

Sales of food, drinks and tobacco decreased 0.3 percent annually in June, while those of non-food products rose 2.5 percent. Sales of automotive fuels grew 23.6 percent.

Without adjustments, the volume of retail sales rose 4.1 percent year-on-year in June after a 12.0 percent increase in the previous month.

The volume of mail order and internet retailing, which accounted for 8.3 percent of all retail sales and involves a wide range of goods, rose by 5.9 percent yearly in June, the agency said.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Ford Motor Co. is seeking a new trial in a Georgia court after a jury reached a $1.7 billion verdict in a lawsuit against the automotive major regarding a truck rollover accident, The Wall Street Journal reported. In the new court filings, Ford said it was unfairly precluded from providing evidence and thus defending against claims that its trucks were defective. Omnichannel retailer Macy's, Inc. announced Monday plans to hire colleagues for more than 41,000 full- and part-time seasonal positions for the upcoming holiday season. The colleagues will be positioned at its Macy's, Bloomingdale's and Bluemercury stores, supply chain locations and call centers. Seffner, Florida -based Canyon Furniture Co. is recalling ladders sold with bunk bed and hutch sets citing entrapment and strangulation risks, the U.S. Consumer Product Safety Commission said. The about 2,100 units of Canyon Lake and Cottage Colors Bunk Bed and Hutch Sets were sold exclusively at Rooms To Go.
Follow RTT