Nielsen: we spent 2.5 trillion HUF in retail in 2019
Hungarians spent nearly 2,500 billion forints in 17,000 business units in 2019, which is a 7 percent increase, compared to the 2018 total annual sales.
Sales volume increased by about 2 percent. The ratio of manufacturer brands and trade brand is 72:28 in favor of manufacturer brands. The discount stores continue to dominate store types, according to the Nielsen Retail Index, which monitors 100 food and 80 household chemical and beauty care categories. (Nielsen)
Related news
Consumers can find a rich selection of vegetables in the period before Easter
Domestic stores await customers with a rich selection of vegetables,…
Read more >We spend much less at Easter than at Christmas, but still 30% more than on a big shopping spree
Holiday seasons are usually always strong periods in retail, including…
Read more >Easter shopping: demand may increase, in addition to ham, pistachio chocolate rabbits are also coming
Easter could bring strong sales in retail this year –…
Read more >Related news
Is game over for Temu and Shein in Europe, too?
The European market is facing a new challenge due to…
Read more >The SZÉP card, health fund membership and merchandise credit also increase the willingness to spend
The Széchenyi Holiday Card is part of everyday life: two-thirds…
Read more >Half of young people feel at least a 16 percent increase in prices
Young people experienced an average inflation rate of 19 percent…
Read more >