Retail sales in Hungary rose 15.8 percent year-on-year in April of 2022, easing from an upwardly revised 16.7 percent surge in the previous month, driven by slower sales of non-food items (15.4 percent vs 29.7 percent in March), particularly books, computer equipment and other; and textile, clothing and footwear. Meanwhile, sales advanced at a faster pace for food products (7.1 percent vs 0.3 percent) and automotive fuel (37.3 percent vs 51.4 percent).On a monthly basis, retail sales fell 2.4 percent, compared to a downwardly revised 4.4 percent gain in March. source: Hungarian Central Statistical Office

Retail Sales YoY in Hungary averaged 0.20 percent from 1989 until 2022, 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 June of 2022.

Retail Sales YoY in Hungary is expected to be 3.70 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 2023 and 0.50 percent in 2024, according to our econometric models.

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Hungary Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-05-04 07:00 AM Mar 16.2% 9.8% 6.1%
2022-06-03 07:00 AM Apr 15.8% 16.7% 10%
2022-07-06 07:00 AM May 15.8%


Related Last Previous Unit Reference
Retail Sales YoY 15.80 16.70 percent Apr 2022
Consumer Spending 6470423.00 6687488.00 HUF Million Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
15.80 16.70 17.10 -43.00 1989 - 2022 percent Monthly
WDA

News Stream
Hungary Retail Trade Growth Slows in April
Retail sales in Hungary rose 15.8 percent year-on-year in April of 2022, easing from an upwardly revised 16.7 percent surge in the previous month, driven by slower sales of non-food items (15.4 percent vs 29.7 percent in March), particularly books, computer equipment and other; and textile, clothing and footwear. Meanwhile, sales advanced at a faster pace for food products (7.1 percent vs 0.3 percent) and automotive fuel (37.3 percent vs 51.4 percent).On a monthly basis, retail sales fell 2.4 percent, compared to a downwardly revised 4.4 percent gain in March.
2022-06-03
Hungary Retail Sales Growth at Near 24-Year High
Retail sales in Hungary surged 16.2 percent year-on-year in February of 2022, quickening from a 9.8 percent rise in the previous month, pointing to the strongest increase in sales since December of 1998. Main upward pressure came from sales in automotive fuel (51.4 percent vs 19.0 percent in February) and non-food products (29.7 percent vs 14.6 percent), while sales growth was almost flat for food products (0.2 percent vs 3.4 percent). On a monthly basis, retail sales surged at an unprecedented 7.3 percent, following a 1.5 percent advance in February.
2022-05-04
Hungary Retail Sales Rise the Most in 10 Months
Retail sales in Hungary climbed 9.8 percent year-on-year in February of 2022, quickening from a 4.2 percent increase in the previous month. It was the largest monthly increase since April of 2021, underpinned by faster sales growth rates in automotive fuel (19.0 percent vs 10.7 percent in January), non-food products (14.6 percent vs 6.5 percent), and to a lesser extent, food products (3.4 percent vs 0.1 percent).
2022-04-06