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.