165 billion HUF was spent on private label foods
The revenues of food retail chains from private label products increased in the first half of this year, compared to the same period of last year. With private label food products, the stores reached about 165 billion HUF turnover in the January-June period, while with household chemicals and cosmetics more than 26 billion HUF – shows the analysis of Nielsen.
According to Nielsen’s study, 45 percent of the surveyed Hungarian consumers bought the same amount of private label products as in the previous year. 17 percent of them bought less. Another 38 percent bought more private label products in the most recent period. Large part of them told that because it is cheaper than the products of the manufacturer brands.
Related news
Related news
Every sip is a new chapter – the BB wine and champagne family is completely renewed and takes the next level
By analyzing and rethinking every stage of winemaking, the Balatonboglár-based…
Read more >NGM: decisions have already been made on the development plans of more than fifty companies in the Demján Sándor Capital Program
Despite pressure from Brussels, the government is doing everything it…
Read more >Budapest among the world’s 50 most innovative cities
Budapest has been named one of the world’s 50 most…
Read more >