Hungary Retail Sales Down 5.9% YR/YR in February


Retail sales fell by an annual 5.6% in February, according to unadjusted data, the Central Statistical Office (KSH) said.


Based on calendar-year adjusted data, sales were down 5.9% in February. The data reflects a base effect from the previous February, with sales fuelled by panic buying. Based on seasonally and calendar-adjusted data, the volume of retail trade dropped by 1.2% month on month.


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