Hungary: Further Decline in Volume of Sales in Retail Trade

CompaniesRetail & Consumer ♦ Published: February 25, 2013; 14:44 ♦ (Vindobona)

The volume of retail sales decreased by 2.1% in December and by 1.9% in the whole year compared with the previous period.

Hungary: Further Decline in Volume of Sales in Retail Trade / Picture: © Vindobona.org

Sales fell in food, drinks and tobacco stores, petrol stations, furniture and electrical goods shops as well as in books, computer equipment and other specialized stores, which played a determining role in the volume decrease of 2.1% in retail sales in December. At the same time, sales volumes continued to dynamically increase in mail order and internet retailing.

In terms of…