Nielsen: Hungarian retail trade is second in Europe
Brexit insecurity continued to affect the retail sector across the continent, but retail sales in Europe increased by 3.4 percent in the second quarter of 2019 compared to the same period of last year.
In Hungary, the rate of expansion was more than double: 7.7 percent, giving domestic retail sales a silver medal on the continent. Turkey continues to lead in Europe, with a 19.2 percent increase – according to Nielsen’s quarterly European Growth Reporter analysis. (Nielsen)
Related news
Barcodes are being replaced after half a century
A new era in retail is about to begin: the…
Read more >Drugstore price cuts could come from mid-May: prices may be reduced in 30 product categories
The Hungarian government is planning to introduce a new markup…
Read more >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 >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >