Hungarian Retail Sales Slow in Blow to Orban’s Recovery Plan

telex.hu

Lean Left

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Ownership

After retail sales expanded significantly in April, there was another nasty decline in May.

444.hu

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In May this year, retail sales exceeded the previous year by 2.1 percent, but fell short of April by 1.3 percent, the Central Statistical Office (KSH) announced on Monday. The 1.3 percent monthly decline is partly explained by the fact that it occurred after the April surge due to Easter, but it is also the second worst value since the Central Statistical Office (KSH) has been regularly publishing monthly changes in retail sales in its flash rep…

Heti Világgazdaság

Factuality

Ownership

From April to May, the turnover of Hungarian stores even decreased, and compared to a year earlier, the growth was minimal.