In May 2021, the volume of sales in retail trade, according to the raw and calendar-corrected data, increased by 5.8% compared to the same period last year, according to data from the Central Office statistics (KSH).
Compared with May 2020, the sales volume increased by 2.6% in specialized and non-specialized food distribution. Sales volume increased by 2.4% in non-specialty food and beverage stores accounting for 74% of food distribution and 3.1% in specialty food, beverage and tobacco stores.
The base effect – the phasing out of store closings in May of last year – typically affected non-food retailing, which grew 8.7% overall, notes KSH. Sales volumes increased by 60% in textile, clothing and footwear stores, 48% in second-hand stores, 17% in pharmaceutical, medical and cosmetic products stores, 13% in book stores , computer hardware and other specialty stores, and 3.3% in non-specialized manufactured goods stores. Sales volumes fell in furniture and appliance stores (21%).
Mail order and Internet sales, which covers a wide range of products and accounts for 9.2% of retail sales, continued to grow in volume, by 13%.
Sales volumes at automotive service stations increased 9.7%.
Sales at motor vehicle and motor vehicle parts and accessories stores not included in the retail data increased 18%.
National retail sales amounted to HUF 1,146 billion at current prices in May 2020. Specialty and non-specialty food stores accounted for 47% of all national retail sales, while the relevant figures for trade in Non-food retail and gas station retailing were 38% and 15% respectively.
Retail volume up 1.2% in January-May
The volume of retail trade increased by 1.2% in January-May 2021, compared to the same period of 2020. The volume of sales increased by 0.3% in specialized and non-specialized food stores, 3.1% in the non-food retail trade and 1.6% in the automotive fuel retail trade.
SUPPORT BUDAPEST BUSINESS JOURNAL
Producing worthy journalism is an expensive endeavor. For 27 years, the editors, editors and journalists of the Budapest Business Journal have strived to bring you business news that works – information that is reliable, factual, accurate and presented without fear or favor.
News organizations around the world have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. More recently, some have experimented with the idea of ââinvolving their most important stakeholders, their readers.
We would like to offer this same opportunity to our readers. We would like to invite you to help us provide the quality business journalism you need. Hit our Support BBJ button and you can choose how much and how often you send us your contributions.