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Retail sales grow by 4.1 percent
In November 2024, the volume of retail trade was 3.7% higher in raw data, or 4.1% higher in calendar-adjusted terms, than in the same month of the previous year. Compared to the same period of the previous year, calendar-adjusted sale volumes expanded by 5.3% in specialized and non-specialized food shops, by 4.5% in non-food retailing and by 1.3% in automotive fuel retailing. According to seasonally and calendar adjusted data, the volume of retail sales was 0.6% up on the previous month. In January–November 2024, the volume of sales – also according to calendar adjusted data – was 2.9% higher than in the corresponding period of the previous year.
In November 2024, compared to the same period of the previous year, adjusted for calendar effects the volume of domestic retail sales increased by 4.1%.
The volume of sales grew by 5.3% in specialized and non-specialized food retailing. The volume of sales increased by 5.7% in non-specialized food and beverages shops accounting for 77% of food retailing and by 3.7% in specialized food, beverage and tobacco stores.
The turnover of non-food retailing increased by a total of 4.5% in volume. Sales volumes rose by 13% in furniture and electrical goods stores, by 7.7% in pharmaceutical, medical goods and cosmetics shops, by 7.5% in textiles, clothing and footwear shops, by 4.3% in non-specialized shops dealing in manufactured goods, by 3.5% in second-hand goods shops and by 1.1% in books, computer equipment and other specialized stores.
The volume of mail order and internet retailing accounting for 9.8% of all retail sales and involving a wide range of goods fell by 1.3%.
The volume of sales in automotive fuel stations increased by 1.3%.
Sales in motor vehicles and motor vehicle parts and accessories stores not belonging to retail data increased by 11%.
In November 2024:
Domestic retail sales amounted to HUF 1,684 billion at current prices.
47% of the national retail turnover was generated in specialized and non-specialized food shops, 38% in non-food retail trade and 15% in automotive fuel stations.
In January–November 2024, compared to the same period of the previous year, adjusted for calendar effects:
The volume of retail trade rose by 2.9%.
The volume of sales rose by 4.0% in specialized and non-specialized food shops, by 2.7% in non-food retail trade and by 0.6% in automotive fuel retail trade.
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