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Hungary Retail Sales YoY

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Hungary Retail Sales YoY

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Latest Release
Dec 05, 2024
Actual
3.6%
Previous
1.7%
Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. The most volatile components like autos, gas prices and food prices are often removed from the report to show more underlying demand patterns as changes in sales in these categories are frequently a result of price changes.Rising retail sales indicate stronger economic growth. However, if the increase is larger than forecast, it may be inflationary.
A higher than expected reading should be taken as positive/bullish for the HUF , while a lower than expected reading should be taken as negative/bearish for the HUF.
Importance:
Country:
Currency: HUF
Source: Hungarian Central Statistical...
Hungary Retail Sales YoY
 
Release Date Time Actual Forecast Previous
Dec 05, 2024 (Oct) 02:30 3.6%   1.7%
Nov 07, 2024 (Sep) 02:30 1.7%   4.1%
Oct 07, 2024 (Aug) 01:30 4.1%   2.5%
Sep 05, 2024 (Jul) 01:30 2.5%   2.6%
Aug 06, 2024 (Jun) 01:30 2.6% 4.3% 3.6%
Jul 05, 2024 (May) 01:30 3.6%   3.2%

News

Hungarian retail sales 6.4% vs. 4.3% forecast
Hungarian retail sales 6.4% vs. 4.3% forecast By Investing.com - Jun 03, 2016

Investing.com - Retail sales in Hungary rose more-than-expected in the last quarter, official data showed on Friday.In a report, Hungarian Central Statistical Office said that Hungarian Retail Sales...

Hungarian retail sales 6.4% vs. 3.8% forecast
Hungarian retail sales 6.4% vs. 3.8% forecast By Investing.com - Apr 05, 2016

Investing.com - Retail sales in Hungary rose more-than-expected in the last quarter, official data showed on Tuesday.In a report, Hungarian Central Statistical Office said that Hungarian Retail Sales...

Hungarian retail sales 5.3% vs. 5.0% forecast
Hungarian retail sales 5.3% vs. 5.0% forecast By Investing.com - Jun 03, 2015

Investing.com - Retail sales in Hungary rose unexpectedly in the last quarter, official data showed on Wednesday.In a report, Hungarian Central Statistical Office said that Hungarian Retail Sales rose...

Analysis

Chris Turner
FX Daily: Climbing the Wall of Worry By Chris Turner - Mar 06, 2023

USD: How Strong is the US Economy and What Will the Fed Do About It? After a few weeks where US price data has taken centre stage, this week will all be about activity data and Fed speak. On the...

Marc Chandler
Emerging Market Preview: Week Ahead By Marc Chandler - Jul 02, 2018

EM FX ended Friday mixed, capping off a mostly softer week. TRY, MXN, and RUB were the top performers and the only ones up against USD, while ARS, CLP, and BRL were the worst. Looking ahead, US jobs...

Marc Chandler
Emerging Markets: Preview Of The Week Ahead By Marc Chandler - Jun 04, 2018

(from my colleague Dr. Win Thin)EM FX put in a mixed performance Friday, and capped off an overall mixed week. Over that week, the best performers were IDR, TRY, and INR while the worst were BRL, MXN,...

Retail Sales (YoY) Discussion

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