Hungarian FMCG-market still stagnating
In Hungary, the market of FMCG-products is still not blooming: we do not yet spend more on fast moving consumer goods than we did last year, whereas on the other hand the money spent on clothes, travelling and culture is significantly less than in the previous year – GfK Hungary's new survey claims.
The FMCG-market is not making any progress despite the fact that households are making more money than they did last year. However, this rise is not reflected by the geeral traffic of retailers, due to the fact that the expense-structure of households went through a significant change: now citizens seems to spend the vast majority of their income on credit paybacks and savings. Customers are still searching for the best price-value combination, and flyers listing special offers are still incredibly popular.
According to GFK's survey which was carried out by interviewing 2000 households, the rise is to take place in the next to years.
Related news
Related news
According to the GVH’s investigations, retail is not the culprit in price increases.
It is not the retail trade that is responsible for…
Read more >The country’s first sea buckthorn harvest event returns – ESBANA Experience Harvest has become the official program of the Szedd Magad Festival in 2025
Hungary’s only open sea buckthorn harvest is being held for…
Read more >Ministry of Agriculture: targeted support helps small entrepreneurs in the ornamental gardening sector
In many respects, enterprises dealing with green space management, as…
Read more >