Retail Sales Down 0.3% in November

Economy

Retail sales in Hungary edged down an annual 0.3% in November as vehicle fuel and non-food sales dropped, the Central Statistical Office (KSH) said.

The decline slowed from a 2.4% year-on-year fall in October. Adjusted for calendar-year effects, retail sales declined by 0.8%. In monthly comparison, seasonally and calendar-adjusted retail sales were up 1.1%. Adjusted food sales rose by 1.8%, but non-food sales dropped by 1.0% and vehicle fuel sales fell by 9.4% as an evening curfew to contain the spread of the coronavirus came into force.

 

hungarymatters.hu

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