Hungary retail sales up by 2.6 pc in October

Budapest, December 5 (MTI) – Retail sales in Hungary climbed 2.6 percent in October from the same month a year earlier, preliminary data released by the Central Statistical Office (KSH) on Monday show.

Retail sales rose by an annual 2.6 percent when adjusted for calendar year effects.

The pace slowed from September when both the unadjusted and the calendar-adjusted figure was 5.1 percent. The unadjusted growth rate in August was as high as 5.8 percent.

Adjusted food sales were up by 1.5 percent in October, non-food sales climbed 4.6 percent and fuel sales increased by 1.2 percent. The increases slowed from the previous month in all three categories.

In January-October 2016 retail sales saw an unadjusted rise of 4.8 percent.

Adjusted figures show retail sales rising by 4.7 percent, food sales by 2.7 percent, non-food sales by 7.2 percent and fuel sales by 5.3 percent in the first ten months of the year.