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Hungary's retail sales fall 4.5% y/y in January -stats

A woman looks at vegetables in a Spar store in Budapest

BUDAPEST (Reuters) - Hungary's calendar-adjusted retail sales plunged by an annual 4.5% in January following a revised 4.1% drop in December, the Central Statistics Office (KSH) said on Monday.

Food sales dropped by 4.8% year-on-year, while non-food sales were down by 1.5%. Fuel sales plunged by 9.7% in annual terms, it said.

Jan 2023 Dec 2022 Jan 2022 Jan-Dec 2022

-4.5 -4.1 3.7 5.3

(Reporting by Krisztina Than)