FX.co ★ Hungary Retail Sales Growth Eases In October

Hungary's retail sales growth eased further in October, data from the Hungarian Central Statistical Office showed on Monday.

Retail sales rose a working-day adjusted 0.6 percent yearly in October, after a 3.0 percent gain in September.

Sales of food, drinks and tobacco decreased 5.6 percent annually in October and those of non-food products fell 0.9 percent. On the other hand, sales of automotive fuels surged 19.7 percent.

On an unadjusted basis, the volume of retail sales rose 0.6 percent year-on-year in October, after a 3.0 percent increase in the previous month.

The volume of mail order and internet retailing, which accounted for 7.8 percent of all retail sales and involves a wide range of goods, fell 1.7 percent yearly in October, the agency said.