Sales grow, concentration process stalls
Grocery retail sales valued at HUF 1,540 billion in the December 2014-November 2015 period in the 90 categories audited by Nielsen. Both value and volume sales improved by 4 percent.
Retail service manager Ágnes Szűcs-Villányi told our magazine that formerly sales had tended to concentrate to stores with a large floor space, but in the last couple of years this process came to a halt. Shops bigger than 400m² realised 66 percent of value sales, just like a year before. As for the performance of different regions, sales grew above the average, by 6 percent, in Budapest and Pest County.
Related news
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >