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.