Hungary retail sales up 4.4pc in May

Budapest, July 23 (MTI) – Retail sales in Hungary went up by 4.4 percent in May from the same month a year earlier, the Central Statistical Office (KSH) said in a second reading of data on Thursday.

KSH revised the increase up from 4.2 percent in a first reading.

In April, retail sales increased by 4.1 percent.

Adjusted for calendar-year effects, retail sales were up by an annual 5.4 percent in May. Food sales increased by 1.4 percent, non-food sales went up by 9.9 percent and fuel sales increased by 5.6 percent.

In January-May 2015, unadjusted retail sales were up by 5.8 percent.

KSH noted that legislation requiring most big retailers to remain closed on Sundays came into force in the middle of March, but said that more time and data were needed to gauge the effects of the new rule.

Source: http://mtva.hu/hu/hungary-matters