Home / Knowledge / News / Textiles, clothing & footwear stores sales go up
Textiles, clothing & footwear stores sales go up
28
Jul '08
Hungarian Central Statistical Office released the retail trade sales for May 2008. According to calendar adjusted data, the volume of retail sales decreased by 1.6% in May, and by 2.4% in the first five months of 2008 compared to prior-year levels. Compared to the previous month, the volume of retail sales decreased by 0.2% according to seasonally and calendar adjusted data.

In May, the domestic retail turnover (including retail sale via mail order houses) approached HUF 515 billion, while for the first five months of 2008 it was HUF 2400 billion. In the first five months of 2008, specialized and non-specialized food, beverages and tobacco stores had a share of 53 percent in sales; the turnover structure has been reflecting this shift for years.

According to calendar adjusted data, the volume of retail sales in specialized and nonspecialized food, beverages and tobacco stores decreased by 1.7% in the first five months of 2008 and by 1.3% in May compared to the same period of the previous year. Sales volumes for non-specialized stores (hyper-, supermarkets, groceries) – having a major, 91 per cent market share – declined by 1.4% and sales for specialized food, beverages and tobacco stores increased by 0.2%.

According to calendar adjusted data, non-food retail trade turnover – at constant prices – was down by 3.0% in the first four months and by 1.9 percent in May compared to the same period of the previous year. In May, sales volume for pharmaceutical and medical goods, cosmetics and toilet articles shops as well as sales in textiles, clothing, footwear stores increased while sales declined in nearly all activity groups, especially in shops for furniture and household goods.

In May, non-food retail sales at constant prices – according to seasonally and calendar adjusted data – rose by 0.1 percent compared to the previous month.

According to a Eurostat first estimate, in May 2008, the calendar adjusted retail sales volume for the 27 member states of the European Union increased by 2.0%, and for the eurozone countries by 0.2% compared to the same month of the previous year. The highest increases were observed in the United Kingdom and Lithuania, and the largest decreases were in Spain, Latvia and Estonia.

Hungarian Central Statistical Office


Must ReadView All

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Alibaba to invest $15 billion in DAMO Academy for research

Textiles | On 17th Oct 2017

Alibaba to invest $15 billion in DAMO Academy for research

Alibaba will invest $15 billion over the next several years in its...

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Top executives
Textile industry

The foremost issue is bridging the skill gap

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.9%
No
13.8%
Skip
9.2%

Total Votes: 65

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
27.7%
Skip
10.8%

Total Votes: 65

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.6%
No
10.8%
Skip
4.6%

Total Votes: 65

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
73.8%
No
12.3%
Skip
13.8%

Total Votes: 65


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search