Trademagazin > News and articles > Market News > Household consumption of champagne still dropping last year
Household consumption of champagne still dropping last year
According to data from the ConsumerScan of GfK Hungária, the number of households buying champagne and sparkling wine continued to shrink last year, dropping to 45 percent of all households. 50 percent of total sales were generated in December. Sales were up in terms of value owing to a higher than inflation increase in price, but dropped substantially in terms of quantity. The market share of private labels remained low, at only 8 percent.
Related news
More related news >
Related news
Producer prices in the euro area and the European Union decreased month-on-month and increased year-on-year in April
Producer prices in the eurozone and the European Union (EU)…
Read more >The Association of Conscious Shoppers sued Shein: they are manipulating customers with dark tricks
The Conscious Shoppers Association (TVE) has filed an official complaint…
Read more >Cautious optimism in tourism: the economy improved in May, but the sector is still in the red
In May 2025, Hungarian tourism businesses reported a slight improvement…
Read more >