Hungarians are spending more and more, but traders are in a difficult situation
Payments are rising throughout the country. As a side effect a 10 percent increase in retail sales occured in 2018, compared to the previous year, according to the data of the Central Statistical Office (KSH).
However, supermarket owners are not in an easy position. Increasing wage needs and a changing regulatory environment make them difficult to do business – was said at the professional conference of EY. Managers must also pay close attention to boosting their purchases and keeping their employees competitive.
Related news
The producer price of lamb rose by 16-18 percent
According to data from the European Commission, the European Union’s…
Read more >IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >It has been revealed which companies will be targeted by NAV inspections in 2024
NAV’s 2024 audit plan already clearly shows which areas the…
Read more >Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >