Trademagazin > News and articles > Market News > GfK: the tobacco law may result in the losses of jobs in retail
GfK: the tobacco law may result in the losses of jobs in retail
According to the GfK Market Research Institute; the tobacco law may result in the termination of up to 15 thousand jobs in retail. The new system ócan result the expansion of black economy and decline in budget revenues as well.
According to GfK’s statement; currently 42 thousand shops are selling tobacco products in Hungary, of which 19 thousand businesses complicate90 percent of the overall tobacco sales. The new legislation would limit the tobacco sales to 6240 stores – reports MTI.
Related news
More related news >
Related news
GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >KSH: industrial producer prices decreased by 0.7 percent in May 2025 compared to the previous month, and increased by an average of 6.9 percent compared to a year earlier
In May 2025, industrial producer prices were 6.9 percent higher…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >