Hungary - Retail Sales
Hungary: Retail Sales
| Mnemonic | WRT.IHUN | |
|---|---|---|
| Unit | Mil. HUF, NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Monthly | 24.46 % | |
| Data | Jan 2023 | 1,333,137 |
| Dec 2022 | 1,764,892 | |
Series Information
| Source | Hungarian Central Statistical Office (HCSO) |
| Release | Retail Trade |
| Frequency | Monthly |
| Start Date | 1/31/1998 |
| End Date | 1/31/2023 |
Hungary: Consumer
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Consumer Confidence | Feb 2023 | -41.1 | -44.7 | SA | Monthly |
| Retail Sales | Jan 2023 | 1,333,137 | 1,764,892 | Mil. HUF, NSA | Monthly |
| Real Retail Sales | Dec 2017 | 125.2 | 125.1 | Index 2010=100, WDASA | Monthly |
Release Information
The Hungarian Central Statistical Office (HCSO) reports monthly statistics on retail sales and volume indices by type of shop.
- Classification: TEAOR'08, aligned with NACE Rev. 2
- Measurements:
- Millions of Hungarian forint (Mil. HUF)
- Volume index, moving base, relative to previous month (Vol. Index prv. mon.=100)
- Volume index, moving base, relative to the corresponding period of the previous year (Vol. Index CPPY=100)
- Adjustments:
- Not seasonally adjusted (NSA)
- Seasonally adjusted (SA)
- Working day adjusted (WDA)
- Calendar day adjusted and seasonally adjusted (CDASA)
- Native frequency: Monthly
- Start dates (as reported): 2000m1, 2013m1, 2019m1
Retail sales: sales of goods at current consumer prices, i.e. at a price enlarged with value added tax and consumption tax. (The observation does not concern the sales of markets, occasional street vendors and the value of repair services.)
Volume index of retail trade turnover: an index calculated from value indices of retail sales, using deflator price indices based on representatives of consumer prices.
The registered main activity of the shops is in accordance with the classification of the Hungarian Standard Industrial Classification of All Economic Activities.
The seasonal and working-day adjustment was carried out with TRAMO-SEATS method using DEMETRA software. Sales statistics of retail trade are based on a representative data collection on retailing activities. Since January 1998, retail trade statistics cover all retail trade shops with operating licence, included in the Hungarian Retail Outlet Register as well as all pharmacies. Estimations have been calculated in accordance with the activity groups specified in the Council Regulation No. 1165/98 of the European Union.
Activities are classified according to Statistical classification of economic activities in the European Community (NACE Rev.2):
- Retail sales in specialized or non-specialized stores with food, beverages or tobacco predominating (47.11, 47.2)
- Retail sales of textiles, clothing, footwear in specialized stores (47.51, 47.71, 47.72)
- Retail sales of furniture, electical goods in specialized stores (47.43, 47.52, 47.54, 47.59, 47.63)
- Retail sales of books, computer equipment an other articles n.e.c. in specialized stores (47.41, 47.42, 47.53, 47.61, 47.62, 47.64, 47.65, 47.76, 47.77, 47.78)
- Retail sales of pharmaceutical, medical goods, cosmetic articles, in specialized stores (47.73, 47.74, 47.75)
Moody's Analytics supplements
For "all items" retail turnover, we back-extend the series by two years, and construct a seasonally adjusted counterpart.
