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.

Further reading

At the source: