Opten: the domestic food industry is stagnating

By: trademagazin Date: 2016. 08. 18. 11:50

According to Opten, the Hungarian food industry is stagnating. According to the data, the growth in the sector has stopped both in terms of revenues and the number of employees – the Opten business information provider told MTI on Thursday.

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More than 5,000 food businesses are operating in Hungary, with an almost 3 trillion HUF revenue and 92 thousand employees. It is one of the most important manufacturing sector.

According to the communication steadily increasing price revenue trend seems to stagnate; Sector revenues increased by 3-5 percent between 2011 and 2014, but the 2015 data has not increased, compared to the 2014 level, while the current staff data is still unchanged for almost a year. (MTI)

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