Retail Sales Up 1.1% In Hungary In February

By Steve Wynne-Jones
Share this article
Retail Sales Up 1.1% In Hungary In February

The volume of domestic retail sales in Hungary rose by 1.1% in February 2024, compared to the same month the previous year, new data from KSH – The Hungarian Central Statistics Office has found.

On a month-on-month basis, the volume of retail sales was up 0.6%, the data showed.

In specialised and non-specialised food retail outlets, the volume of sales rose by 2.7%. In non-specialised food and beverage shops, such as supermarkets and hypermarkets (which account for 76% of the overall food retail market), the volume of sales rose by 2.2%, while in specialised food, beverage and tobacco stores, volumes are up 1.3% on a year-on-year basis.

Non-Food Sales

In non-food, meanwhile, sales volumes decreased by 2.1%.

There was a 6.9% increase in sales volumes for pharmaceutical, medical goods, and cosmetics shops, and a 1.8% increase in non-specialised shops dealing in manufactured goods. However, sales volumes decreased by 2.8% in textiles, clothing, and footwear shops, by 4.3% in books, computer equipment, and other specialised stores, by 10% in furniture and electrical goods stores, and by 13% in second-hand goods shops.


Online and mail order retailing accounted for 7.9% of all retail sales in the month, with volumes falling by 1.0% compared to the same period last year.

Lastly, the volume of sales in fuel stations increased by 3.9%, and sales in motor vehicles and motor vehicle parts and accessories stores increased by 13%.

Overall Retail Sales

In February 2024, overall retail sales in Hungary totalled HUF 1,395 billion (€3.58 billion) at current prices, KSH's data showed.

Half (50%) of the total retail turnover came from specialised and non-specialised food shops, with 34% from non-food retail trade and 16% from automotive fuel stations.

Read More: Russian Discount Chain Mere Targets Hungarian Market

Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.