Hungary’s retail sales increased 5.2 percent year-on-year in November of 2018, following a downwardly revised 5.5 percent increase in October. It was the smallest annual gain in retail trade since August of 2017, as sales slowed sharply for food products (1.7 percent from 3.9 percent in October). On the other hand, sales advanced faster for non-food products (9.1 percent from 8 percent) and fuel (5.6 percent from 4.4 percent). Retail Sales YoY in Hungary averaged 3.07 percent from 1999 until 2018, reaching an all time high of 14.30 percent in December of 1999 and a record low of -7.80 percent in November of 2009.

Retail Sales YoY in Hungary is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Hungary to stand at 4.20 in 12 months time. In the long-term, the Hungary Retail Sales YoY is projected to trend around 3.10 percent in 2020, according to our econometric models.

Hungary Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-03 07:00 AM Retail Sales YoY 6.8% 5.3% 6.2%
2018-11-07 08:00 AM Retail Sales YoY 5.4% 6.8% 5.8%
2018-12-05 08:00 AM Retail Sales YoY 5.7% 5.4% 5.5%
2019-01-07 08:00 AM Retail Sales YoY 5.2% 5.5% 5.6%
2019-02-05 08:00 AM Retail Sales YoY 5.2% 5.2%
2019-03-05 08:00 AM Retail Sales YoY
2019-04-05 07:00 AM Retail Sales YoY


Hungary Consumer Last Previous Highest Lowest Unit
Consumer Confidence -10.60 -12.10 89.82 -72.30 Index Points [+]
Retail Sales MoM 0.40 0.40 3.10 -6.90 percent [+]
Retail Sales YoY 5.20 5.50 14.30 -7.80 percent [+]
Consumer Spending 4060429.00 4113203.00 4190219.00 2550699.00 HUF Million [+]
Personal Savings 12.12 12.83 19.18 8.27 percent [+]
Private Sector Credit 6147.80 6115.10 8746.70 235.80 HUF Billion [+]
Bank Lending Rate 0.90 0.90 14.25 0.90 percent [+]
Consumer Credit 682.90 667.97 682.90 323.54 HUF Billion [+]
Gasoline Prices 1.30 1.36 1.90 0.72 USD/Liter [+]
Households Debt To GDP 18.40 18.50 40.80 3.90 percent of GDP [+]
Households Debt To Income 33.39 35.62 68.85 9.57 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. This page provides - Hungary Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.50 14.30 -7.80 1999 - 2018 percent Monthly
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