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
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 >
GKI: How do domestic companies perform in terms of digitalization compared to their EU competitors?
Based on the past decades, it is clear that companies…
Read more >Related news
Extraordinary consumer protection inspections are being launched at food courier companies
The Ministry of National Economy, which is responsible for consumer…
Read more >
Omnichannel Scale 2024: How can Hungarian retailers remain competitive?
The Omnichannel Scale 2024 study gives a comprehensive overview of…
Read more >
Hungarian AI software rewrites the international business world in hospitality
AI-powered Everguest Intelligence offers a complete solution for the everyday…
Read more >
