FMCG retail sales at our ‘neighbours’
Czech Republic
Retail sales expanded faster than the European average: in Q1 2017 like-for-like FMCG value sales increased by 2.3 percent on average. In Q4 2016 volume sales rose 3.1 percent but in Q1 2017 they dropped 0.9 percent. On average prices increased by 3.2 percent in the market of groceries, household chemicals and cosmetics.
Austria
In Q1 2017 like-for-like FMCG value sales augmented by 2.8 percent; volume sales grew by 1.7 percent. Prices increased by 1.1 percent. Consumer demand got bigger for organic and premium products. Zielpunkt went bankrupt at the end of 2015 and half of the retailer’s shops were taken over and reopened in the autumn of 2016 by other market players – this move also contributed to the nominal sales growth in Q1 2017.
Slovakia
In Q1 2017 FMCG sales expanded by 3.9 percent, while volume sales grew way above the European average at 2.5 percent. Prices elevated by 1.4 percent. Just for comparison, in Europe volume sales decreased by 0.7 percent and prices became 0.9 percent higher.
Gergely Kovács
head of customer relations
Nielsen
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