World Footwear

World

Hungary: retail sales increased by 0.4%

Sep 8, 2020 Hungary
Hungary: retail sales increased by 0.4%
According to information release by the Hungarian Central Statistical Office, in July 2020, the volume of sales in retail shops grew by 0.4% compared to the same period last year
The volume of sales, adjusted for calendar effects, rose by 3.3% in specialized and non-specialized food shops, by 0.4% in non-food retail shops and decreased by 7.0% in automotive fuel retailing.

In the period January–July 2020, the volume of sales was 1.1% higher than in the corresponding period of the previous year. Compared to the low point in April 2020 the volume index of retail trade increased by almost 11 percentage points, bringing shopping sentiment to the year ago level by July.

In July 2020, compared to the same period of the previous year, adjusted for calendar effects:
- The volume of sales in the national retail trade network as well as in mail order and internet retailing increased by 0.4%;
- The volume of sales increased by 3.3% in specialized and non-specialized food retailing. The volume of sales increased by 3.5% in non-specialized food and beverages shops accounting for 75% of food retailing and by 2.8% in specialized food, beverage and tobacco stores;
- The turnover of non-food retailing increased by a total of 0.4%. Sales rose in non-specialized shops dealing in manufactured goods (5.6%), medical and cosmetics goods shops (4.7%), as well as in textiles, clothing and footwear shops (2.0%). The volume of sales fell in books, computer equipment and other specialized stores (-4.5%), furniture and electrical goods stores (-14%), as well as in second hand goods shops (-19%);
- The volume of mail order and internet retailing accounting for 6.8% of all retail sales and involving a wide range of goods rose by 20%, continuing a multi-year expansion;
- The volume of sales in automotive fuel stations decreased by 7.0%. Sales in motor vehicles and motor vehicle parts and accessories stores not belonging to retail data increased by 0.8%.

Image credits: freestocks on Unsplash

Related Events

  • Mar
    7
    Mar 7-Mar 8, 2021 | Budapest, Hungary

    Budapest Fashion Expo

  • Sep
    5
    Sep 5-Sep 6, 2021 | Budapest, Hungary

    Budapest Fashion Expo

Related Organizations

  • BIMEO Testing and Research Ltd. in Leather, Shoes and Leather Processing Industries

    BIMEO Testing and Research Ltd. in Leather, Shoes and Leather Processing Industries

    Hungary
  • BCE - Association for Leather and Shoe Industry

    BCE - Association for Leather and Shoe Industry

    Hungary
  • AHLI - Association of Hungarian Light Industry

    AHLI - Association of Hungarian Light Industry

    Hungary
  • BCBTE - Scientific Society of the Leather, Shoe and Allied Industries

    BCBTE - Scientific Society of the Leather, Shoe and Allied Industries

    Hungary