Positive third-quarter trends in Hungarian food retails

The decline in sales of daily consumer goods in Hungary has finally come to an end. Volumes in the third quarter of the year is basically the same value as it was this time last year.

This ended a negative tendency present since the second quarter of 2009, according to Nielsen market research company that analyzes the market of twenty European countries in every quarter.

While in this year's second quarter, the stores in ten countries have sold fewer groceries, household chemicals and cosmetics than a year earlier (and the same applies to Hungary), only Greece, Germany and the Netherlands seem to have experienced a decline in terms of quantity. The quantity decline in Greece and Holland is minus 2-2, whereas in Germany it is minus three percent.

Here is a table of changes in a number of European countries: