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
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >