Retail sales increased by 4.2% compared to the same period last year and by 2.0% compared to the previous month
In March 2024, the volume of sales in retail trade increased by 3.6% according to raw data and by 4.2% when adjusted for calendar effects compared to the same period of the previous year. Calendar-adjusted sale volumes grew by 5.7% in specialized and non-specialized food shops, by 3.3% in automotive fuel retailing and by 0.6% in non-food retailing. According to seasonally and calendar adjusted data, the volume of retail sales increased by 2.0% compared to the previous month. In January–March 2024, the volume of sales – also according to calendar adjusted data – was 2.2% higher than in the corresponding period of the previous year.
In March 2024, compared to the same period of the previous year, adjusted for calendar effects:
The volume of domestic retail sales increased by 4.2%.
The volume of sales grew by 5.7% 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 4.8% in specialized food, beverage and tobacco stores.1
The turnover of non-food retailing increased by a total of 0.6% in volume. Sales volumes rose by 3.9% in pharmaceutical, medical goods and cosmetics shops, by 2.3% in non-specialized shops dealing in manufactured goods and by 1.5% in books, computer equipment and other specialized stores, while sales volumes decreased by 1.9% in textiles, clothing and footwear shops, by 4.4% in furniture and electrical goods stores and by 5.9% in second-hand goods shops.
The volume of mail order and internet retailing accounting for 7.4% of all retail sales and involving a wide range of goods rose by 4.2%.
The volume of sales in automotive fuel stations increased by 3.3%.
Sales in motor vehicles and motor vehicle parts and accessories stores not belonging to retail data increased by 4.3%.
In March 2024:
Domestic retail sales amounted to HUF 1,586 billion at current prices.
51% of the national retail turnover was generated in specialized and non-specialized food shops, 33% in non-food retail trade and 16% in automotive fuel stations.
In January–March 2024, compared to the same period of the previous year, adjusted for calendar effects:
The volume of retail trade rose by 2.2%.
The volume of sales rose by 3.1% in specialized and non-specialized food shops and by 3.9% in automotive fuel retail trade, and fell by 0.7% 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 | March | 89.2 | 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 | 91.8 | 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 | 92.4 | 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 | 101.7 | 96.9 | 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 | 103.0 | 98.1 | 103.8 | 101.6 | 104.6 | |
| March | 105.7 | 100.6 | 103.3 | 104.2 | 103.6 | |
| 2024 | January–March | 103.1 | 99.3 | 103.9 | 102.2 | 103.0 |