Hungary: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 0.2 percent as of December 2024, a decline compared to the previous value of 4.25 percent. Historically, the average for Hungary from January 2001 to December 2024 is 2.64 percent. The minimum of -13.08 percent was recorded in March 2023, while the maximum of 16.61 percent was reached in March 2022.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Hungary: Retail sales Y-on-Y |
|---|---|
| 2024 Dec | 0.2 |
| 2024 Nov | 4.25 |
| 2024 Oct | 3.74 |
| 2024 Sep | 1.96 |
| 2024 Aug | 4.16 |
| 2024 Jul | 2.69 |
| 2024 Jun | 2.58 |
| 2024 May | 3.65 |
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Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | -6.40 | 12/2024 | percent |
| Retail sales | 99.30 | 12/2024 | index points |
| Retail sales Y-on-Y | 0.20 | 12/2024 | percent |
| House price index | 326.66 | Q3/2024 | index points |
| Real residential property prices Y-on-Y change | 8.46 | Q3/2024 | percent |
| Business confidence survey | -12.60 | 12/2024 | points |
| Consumer confidence survey | -27.50 | 1/2025 | points |