Nielsen: the turnover of Hungarian retailers is silver medalist in Europe
In the third quarter of 2017, the retail trade in Hungary grew by 5.3 percent, compared to the same period of the previous year, on the food and chemical market mesured by Nielsen.
This continues to considerably outpace the European average of 2.8 percent for the third quarter. Only Turkey expanded more dynamically,. The main reason behind European growth is price level change, while the volume of growth on the continent is 0.3 percent on average – according to the “Growth Reporter” quarterly European analysis of Nielsen. (Nielsen)
Related news
Full-time jobs in retail sector are in demand
Retailers are seeing increased interest from job seekers looking for…
Read more >IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >2024 could already be the year of growth in retail
This year could be the year of growth in Hungary…
Read more >Related news
KSH: Gross average earnings were HUF 605,400 in February 2024, 14.0 percent higher than a year earlier
In February 2024, the gross average earnings of those employed…
Read more >Sándor Czomba: 566 micro, small and medium-sized enterprises receive capacity-building support
566 people successfully applied for the capacity expansion support aimed…
Read more >UN: worldwide food insecurity continued to increase last year
The insecurity of the food supply has increased further in…
Read more >