Catering turnover increased by 2.8%
In November, the volume of catering turnover increased by 2.8% after the 2.1% drop in October, while its sales revenue increased by 33.5% as a result of significant price increases, despite the fact that the decrease in real incomes may have caused a drop in demand. while many caterers have announced the suspension of their activities in recent months.
However, these could be offset by the continued recovery of tourist traffic, and the open restaurants operate with full houses based on experience, so there was no decline in the catering sector. The improvement in tourism supports the balance of services and, through this, the improvement of the current account.
Related news
Visit Hungary: more than 10 million tourists have already arrived in the country
This year, the number of guests exceeded 10 million on…
Read more >Slovenia sees increase in tourist arrivals in first six months of the year
In the first six months of the year, 2.8 million…
Read more >World stars not only boosted the atmosphere but also boosted tourism
World stars shared the stage with each other at Budapest’s…
Read more >Related news
Shoppers’ favorite FMCG brands – YouGov Brand Footprint 2025
The analysis is based on the CRP (Consumer Reach Points)…
Read more >Chicken is getting more expensive, eggs are getting more expensive – this is what awaits Hungarian consumers now
A significant price increase has taken place on the domestic…
Read more >Prices are soaring on the poultry market: chicken, turkey and eggs have also become more expensive
In recent months, a significant price increase has taken place…
Read more >