GfK: the sales of technical products decreased by 1.2 percent in the first quarter
The sales of durable technical goods decreased by 1.2 percent in the first quarter, compared to the same period of the last year, while the total turnover amounted to 121.4 billion HUF – the GfK Hungária Market Research Institute announced on Thursday.
According to the research, the consumer electronics, telecommunications equipment and household equipment are the engines of growth, while the market of IT products performed the weakest, with a decline of nearly 16 percent. (MTI)
Related news
German consumers save a record amount on sustainable food
The propensity to buy sustainable products in Germany has fallen…
Read more >Retail’s share in household spending continues to fall in the EU
In 2023 spending in retail declined for the second year…
Read more >Public health product tax fails to curb unhealthy food consumption in Hungary
A recent study by the Corvinus University of Budapest reveals…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >