Breaking News

Hungary Retail Sales YoY

Latest Release

Nov 07, 2024

Actual

1.7%

4.1%

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...

Release Date	Time	Actual	Forecast	Previous
Nov 07, 2024 (Sep)	15:30	1.7%		4.1%
Oct 07, 2024 (Aug)	14:30	4.1%		2.5%
Sep 05, 2024 (Jul)	14:30	2.5%		2.6%
Aug 06, 2024 (Jun)	14:30	2.6%	4.3%	3.6%
Jul 05, 2024 (May)	14:30	3.6%		3.2%
Jun 06, 2024 (Apr)	14:30	3.2%		4.1%

Analysis

FX Daily: Climbing the Wall of Worry By Chris Turner - Mar 07, 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...

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