The triumph of supermarkets continued, lively shoppings decreased
According to GfK Hungária’s first half-year report of 2009 on domestic retail; households purchased significantly lower quantity. Similar to last year, this year also the supermarket channel has reached the best growth.
The nominal value of the daily consumer goods, purchased by Hungarian households in the first half of 2009, was 1 percent lower than the first half of 2008. Taking into account that according to the datas of the Central Statistical Office; the indicated food inflation for the January-June period of 2009 was 5.3 percent, the retail volume of daily consumer goods were relatively greater narrowed. The largest decline was in February and March, the market had shown slow improvement, for the second quarter.
Related news
Related news
GKI: Deteriorating confidence indices and economic outlook in Hungary
In November, both businesses and consumers became more pessimistic about…
Read more >Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles
Magyar Posta expects to deliver more than 7 million packages…
Read more >