Hungary's retail sales rose 6.1 percent year-on-year in December 2019, easing from a 7.3 percent gain in the previous month. It was the lowest gain in retail trade since September, as non-food sales slowed (8.6 percent vs 12.9 percent). On the other hand, sales of both food, drinks & tobacco (4.7 percent vs 4.5 percent) and automotive fuel (2.6 percent vs 1.6 percent) advanced faster. For full 2019, retail trade grew 6.0 percent, below a 6.7 percent advance in 2018. Hungary Retail Sales YoY - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Retail Sales YoY in Hungary averaged -0.03 percent from 1989 until 2019, reaching an all time high of 17.10 percent in December of 1998 and a record low of -43 percent in November of 1991. This page provides - Hungary Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales YoY in Hungary is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Hungary to stand at 3.40 in 12 months time. In the long-term, the Hungary Retail Sales YoY is projected to trend around 3.40 percent in 2021 and 3.10 percent in 2022, according to our econometric models.


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Hungary Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
6.10 7.30 17.10 -43.00 1989 - 2019 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-06 08:00 AM Sep 5.8% 5.8% 6%
2019-12-05 08:00 AM Oct 6.2% 5.7% 6.3%
2020-01-07 08:00 AM Nov 7.3% 6.2% 5.3%
2020-02-05 08:00 AM Dec 6.1% 7.3% 6%
2020-03-04 08:00 AM Jan 6.1% 5.4%
2020-04-03 07:00 AM Feb
2020-05-06 07:00 AM Mar 3.7%
2020-06-04 07:00 AM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Hungary Retail Trade Growth Slows to 3-Month Low of 6.1%
Hungary's retail sales rose 6.1 percent year-on-year in December 2019, easing from a 7.3 percent gain in the previous month. It was the lowest gain in retail trade since September, as non-food sales slowed (8.6 percent vs 12.9 percent). On the other hand, sales of both food, drinks & tobacco (4.7 percent vs 4.5 percent) and automotive fuel (2.6 percent vs 1.6 percent) advanced faster. For full 2019, retail trade grew 6.0 percent, below a 6.7 percent advance in 2018.
2020-02-05
Hungary Retail Trade Growth Accelerates in November
Hungary's retail sales rose by an annual 7.3 percent in November 2019, following a 6.2 percent growth in the previous month, boosted by sales of food, drinks & tobacco (4.5 percent vs 3.4 percent), non-food (12.9 percent vs 9.8 percent) and fuel (1.7 percent vs 5.4 percent).
2020-01-07
Hungary Retail Sales Rise the Most in 3 Months
Hungary’s retail sales rose 6.2 percent year-on-year in October of 2019, following a 5.8 percent gain in the previous month. It was the biggest gain in retail trade since July, as sales increased further in specialised and non-specialised food shops (3.4 percent compared to 3.0 percent in September); non-food (9.8 percent compared to 8.5 percent). In contrast, automotive fuel sales advanced less (5.4 percent compared to 6.1 percent).
2019-12-05
Hungary Retail Sales Growth Steady at 5.8%
Retail sales in Hungary advanced 5.8 percent over a year earlier in September 2019, the same pace as in the previous month. Sales growth slowed for food, drinks and tobacco (3 percent vs 3.4 percent in August) and non-food products (8.6 percent vs 9.8 percent) while picked up for automotive fuel (6.1 percent vs 4.3 percent). In the first nine months of the year, retail trade went up 5.8 percent compared to the same period a year ago.
2019-11-06

Hungary Retail Sales YoY
In Hungary, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.