Hungary's retail sales jumped 10.6 percent from a year earlier in April 2021, ending an eight-month period of contraction, as the country gradually eased coronavirus restrictions. It was also the largest increase in domestic trade since February 2020 due to the low base effect. Food sales rose by 3.3 percent, non-food sales surged by 21.3 percent, while fuel sales jumped by 19.2 percent. source: Hungarian Central Statistical Office

Retail Sales YoY in Hungary averaged -0.02 percent from 1989 until 2021, 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. Hungary Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

Retail Sales YoY in Hungary is expected to be 1.00 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 3.70 in 12 months time. In the long-term, the Hungary Retail Sales YoY is projected to trend around 1.90 percent in 2022 and 0.50 percent in 2023, according to our econometric models.

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Hungary Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
10.60 -2.10 17.10 -43.00 1989 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-04 08:00 AM Jan -1.8% -3.9% -4.3%
2021-04-09 07:00 AM Feb -5.9% -1.9% 0.6%
2021-05-06 07:00 AM Mar -2% -5.9% -3.1%
2021-06-04 07:00 AM Apr 10.6% -2.1% 5.5%
2021-07-06 07:00 AM May 10.6% 2.9%
2021-08-04 07:00 AM Jun 1%
2021-09-03 07:00 AM Jul
2021-10-06 07:00 AM Aug
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Hungary Retail Sales Rebound in April
Hungary's retail sales jumped 10.6 percent from a year earlier in April 2021, ending an eight-month period of contraction, as the country gradually eased coronavirus restrictions. It was also the largest increase in domestic trade since February 2020 due to the low base effect. Food sales rose by 3.3 percent, non-food sales surged by 21.3 percent, while fuel sales jumped by 19.2 percent.
2021-06-04
Hungary Retail Sales Decline at Slower Pace in March
Retail sales in Hungary dropped 2.0 percent year-on-year in March of 2021, easing from a steeper decline of 5.9 percent in the previous month, a preliminary estimate showed. The most positive evolution was the rebound recorded in the sales of automotive fuel (2.1 percent vs -10.4 percent), but there was also a slowdown in the decrease of food, drinks and tobacco sales (-2.0 percent vs -3.5 percent). In contrast, sales of non-food products plunged even further (-5.9 percent vs -3.4 percent). Considering the first three months of 2021, retail sales fell 1.4 percent in comparison to the first quarter of 2020.
2021-05-06
Hungary Retail Sales Drop in August
Retail sales in Hungary fell 0.7 percent year-on-year in August 2020, following a 0.4 percent rise in the previous month, amid the coronavirus crisis. Sales of food, drinks and tobacco dropped 0.1 percent, after increasing 2.8 percent in July. On the other hand, sales for non-food products rose further (1.2 percent vs 0.4 percent); while those of automotive fuel fell at a softer pace (-5.5 percent vs -7 percent). Considering the first eight months of 2020, retail sales advanced 0.9 percent.
2020-10-05
Hungary Retail Sales Rise Slightly in July
Retail sales in Hungary edged up 0.4 percent year-on-year in July of 2020, the first gain since March. Sales rebounded for food, drinks and tobacco (3.3 percent vs -1.5 percent in June) but increased less for non-food products (0.4 percent vs 4.9 percent). Sales rose in non-specialized shops dealing in manufactured goods (5.6 percent), medical and cosmetics goods shops (4.7 percent), and textiles, clothing and footwear shops (2 percent) but fell in books, computer equipment and other specialized stores (-4.5 percent), furniture and electrical goods stores (-14 percent), and second hand goods shops (-19 percent). Sales continued to fall for auto fuel (-7 percent vs -10.9 percent). Considering the first seven months of 2020, retail sales increased 1.1 percent.
2020-09-03

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.