Retail Sales in Hungary increased 5.70 percent in October of 2021 over the same month in the previous year. source: Hungarian Central Statistical Office

Retail Sales YoY in Hungary averaged 0.06 percent from 1989 until 2021, reaching an all time high of 17.10 percent in December of 1998 and a record low of -43 percent in November of 1991. This page provides - Hungary Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Retail Sales YoY in Hungary is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Retail Sales YoY is projected to trend around 1.90 percent in 2022 and 0.50 percent in 2023, according to our econometric models.

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Hungary Retail Sales YoY

Calendar GMT Actual Previous Consensus TEForecast
2021-11-05 08:00 AM Sep 5.8% 4.1% 4.7%
2021-12-03 08:00 AM Oct 5.7% 5.8% 4.6%
2022-01-07 08:00 AM Nov

Related Last Previous Unit Reference
Retail Sales YoY 5.70 5.80 percent Oct/21
Consumer Spending 6145338.00 6133971.00 HUF Million Sep/21

News Stream
Hungary Retail Sales Rise the Most Since May
Retail sales in Hungary rose 5.8 percent year-on-year in September of 2021, following a 4.1 percent advance in the previous month. It was the largest monthly increase since May, underpinned by faster sales growth rates in non-food products (3.1 percent vs 2.9 percent in August); food products (1.4 percent vs 0.8 percent); and automotive fuel (1.2 percent vs 0.4 percent). Considering the first nine months of 2021, retail trade was 2.8 percent higher than in the same period last year.
Hungary Retail Trade Grows Faster in August
Hungary's retail sales rose 4.1 percent year-on-year in August of 2021, up from a 3 percent increase in the previous month. It was the fifth consecutive month of growing retail activity. Sales advanced faster for non-food products (7.8 percent vs 2.6 percent in July) and automotive fuel (2.3 percent vs 1.9 percent), but slowed for food, drinks & tobacco (1.7 percent vs 3.7 percent). Considering the first eight months of the year, retail trade grew 2.4 percent.
Hungary Retail Sales Growth Slows in July
Hungary's retail sales rose 3 percent year-on-year in July of 2021, easing after two consecutive increases of 5.8 percent in June and May. Sales slowed for non-food products (2.6 percent vs 3 percent in June), food (3.7 percent vs 7.2 percent) and automotive fuel (1.9 percent vs 8.6 percent). Considering the first seven months of the year, retail trade grew 2.1 percent.

Hungary Retail Sales YoY
In Hungary, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.