Soon winter is over and after the rather slow January-February period, the Hungarian food industry will speed up again. General expectation is that the sector’s output will continue to increase in 2017. K&H’s consumer confidence index reached a 12-year peak and is in the positive. In comparison with December, food prices elevated by 0.6 percent at the beginning of the new year.
Luckily, thanks to the increase in real wages, people have a bit more money to spend. The trends of the last few years showed: those companies can profit from this situation which are able to renew, who come out with innovative products and creative promotion campaigns. Online communication is more and more important. A real good offer can deter even the most conscious customer from their buying plan – who dares wins!
Related news
Related news
KSH: Gross average earnings were HUF 605,400 in February 2024, 14.0 percent higher than a year earlier
In February 2024, the gross average earnings of those employed…
Read more >Sándor Czomba: 566 micro, small and medium-sized enterprises receive capacity-building support
566 people successfully applied for the capacity expansion support aimed…
Read more >UN: worldwide food insecurity continued to increase last year
The insecurity of the food supply has increased further in…
Read more >