The first quarter brought positive trends in food trade
The recovery from the crisis continued in the food retailing of the developed European countries: Turnover increased in value by 4, in quantities by 1 percent in the first quarter, compared to January-March of last year – states Nielsen.
In Hungary, 3 percent less food, household chemicals and cosmetics were sold in the retail trade, during the January-March period, compared to the previous year, in terms of volume. The trend is somewhat improved, compared to the minus 4 percent measured in last year's fourth quarter.
Declining sales volume occured also in the Czech Republic, Greece and Turkey. The highest rate of volume growth was in Norway (7 percent), Finland (5), Portugal, Sweden and Slovakia (4-4) in the first quarter.
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