One purchases cheap food because of the crisis
The total turnover of the own branded products of the supermarket chains reached more than 165 billion HUF in the first six months of 2009 – states Nielsen market research company's survey.
The retail trade turnover of own branded foods increased by 14 percent and the turnover of cosmetics and household chemicals increased by 18 percent, compared to the same period of 2008. The awareness and acceptance of the own branded products continued to increase in Hungary. A part of the consumers maintain their consumption with buying cheaper products, and visiting shops, that are offering a lower price level response.
Related news
Related news
Confidence in the global economy plummets due to US tariff war
The economic confidence indices of the world’s leading economies have…
Read more >Earth Day: Climate awareness among the Hungarian population is on the rise
April 22 is Earth Day, so the domestic perception of…
Read more >The Dairy Products Council has launched a national campaign to promote Trappist cheese
The Milk Products Council has launched a national marketing campaign…
Read more >