Retail sales increased by 1.1% compared to the same period last year, while they decreased by 0.6% compared to the previous month
In February 2024, the volume of sales in retail trade increased by 4.6% according to raw data and by 1.1% when adjusted for calendar (and leap-year) effects compared to the same period of the previous year. Calendar-adjusted sale volumes grew by 2.7% in specialized and non-specialized food shops and by 3.9% in automotive fuel retailing and decreased by 2.1% in non-food retailing. According to seasonally and calendar adjusted data, the volume of retail sales decreased by 0.6% compared to the previous month. In January–February 2024, the volume of sales – also according to calendar adjusted data – was 0.8% higher than in the corresponding period of the previous year.
In February 2024, compared to the same period of the previous year, adjusted for calendar effects:
The volume of domestic retail sales increased by 1.1%.
The volume of sales grew by 2.7% in specialized and non-specialized food retailing. The volume of sales increased by 2.2% in non-specialized food and beverages shops accounting for 76% of food retailing and by 1.3% in specialized food, beverage and tobacco stores.1
The turnover of non-food retailing decreased by a total of 2.1% in volume. Sales volumes rose by 6.9% in pharmaceutical, medical goods and cosmetics shops and by 1.8% in non-specialized shops dealing in manufactured goods, while sales volumes decreased by 2.8% in textiles, clothing and footwear shops, by 4.3% in books, computer equipment and other specialized stores, by 10% in furniture and electrical goods stores and by 13% in second-hand goods shops.
The volume of mail order and internet retailing accounting for 7.9% of all retail sales and involving a wide range of goods fell by 1.0%.
The volume of sales in automotive fuel stations increased by 3.9%.
Sales in motor vehicles and motor vehicle parts and accessories stores not belonging to retail data increased by 13%.
In February 2024:
Domestic retail sales amounted to HUF 1,395 billion at current prices.
50% of the national retail turnover was generated in specialized and non-specialized food shops, 34% in non-food retail trade and 16% in automotive fuel stations.
In January–February 2024, compared to the same period of the previous year, adjusted for calendar effects:
The volume of retail trade rose by 0.8%.
The volume of sales rose by 1.4% in specialized and non-specialized food shops and by 4.2% in automotive fuel retail trade, and fell by 1.5% in non-food retail trade.
Volume indices on sales in retail shops
(Same period of the previous year = 100.0)
(%)
| Period | Retail sales of food, drinks and tobacco | Retail sales of non-food products | Retail sales of automotive fuel | Retail sales, total | Retail sales, total, unadjusted (raw) data | |
|---|---|---|---|---|---|---|
| adjusted for calendar effects | ||||||
| 2023 | February | 91.4 | 91.1 | 84.8 | 90.2 | 90.2 |
| March | 89.3 | 91.2 | 70.5 | 86.8 | 87.4 | |
| April | 91.4 | 89.3 | 77.0 | 87.4 | 86.4 | |
| May | 92.9 | 89.0 | 74.0 | 87.7 | 87.3 | |
| June | 95.0 | 95.7 | 75.9 | 91.7 | 92.2 | |
| July | 95.9 | 94.5 | 79.5 | 92.4 | 92.3 | |
| August | 96.0 | 94.8 | 81.9 | 92.9 | 93.0 | |
| September | 97.9 | 92.5 | 80.0 | 92.6 | 92.2 | |
| October | 98.1 | 94.9 | 78.9 | 93.5 | 93.5 | |
| November | 99.4 | 96.1 | 78.6 | 94.6 | 94.6 | |
| December | 101.8 | 97.0 | 103.7 | 99.8 | 99.0 | |
| 2023 | January–December | 95.4 | 93.8 | 80.4 | 92.1 | 92.2 |
| 2024 | January | 100.2 | 99.1 | 104.6 | 100.6 | 100.6 |
| February | 102.7 | 97.9 | 103.9 | 101.1 | 104.6 | |
| 2024 | January-February | 101.4 | 98.5 | 104.2 | 100.8 | 102.6 |