Hypermarkets by the border will not repeat last year's performance due to the stronger HUF
According to the survey of Nielsen; the market share of hypermarkets decreased in terms of food, cosmetics and household chemicals, in the first half of the year.
The share of hypermarkets decreased by 1-1 percentage points in both product groups, 31 percent of foodstuffs, and 38 percent of household chemicals and cosmetics. An important reason for the reduction, that the customers of the neighboring countries boosted the turnover of hypermarkets, due to the weakening forint. This year, however, the number of foreign buyers decreased, due to the stronger forint – reports Világgazdaság Online.
Related news
Related news
EM: Further Development of the Deposit Return System Continues
Thanks to the Deposit Return System (DRS) introduced at the…
Read more >Slowdown and price increase at the same time – this is how the milk market will develop in the summer
The dairy sector is experiencing both international price increases and…
Read more >Another problem could cause food prices to rise
Latin American agriculture could face serious consequences if the United…
Read more >