11% of Hungarians purchased counterfeit goods in past year

Retail

Photo by maxbelchenko / Shutterstock.com

Only 11% of the Hungarian population bought counterfeit products in the past year, but fewer Hungarians recognize their harmful effects on health and are less likely to hold buyers of counterfeit goods accountable, according to the results of the most recent annual consumer survey by the National Anti-Counterfeiting Board (HENT) and Tárki, writes origo.hu.

Photo by maxbelchenko / Shutterstock.com

The proportion of buyers of counterfeit products was the lowest it has been in the last 10 years between July 2019 and July 2020 at 11%, according to the HENT survey.

The research also points out that 80% of the Hungarian population would not buy a product from a counterfeit or doubtful source at all. It is also encouraging that consumer awareness is rising among those consumers who are fundamentally reluctant to buy a counterfeit product.

The vast majority of those (97%) have not purchased such a product in the past year.

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

Gov't Calls on Fuel Companies to Adjust Prices to Regional A... Government

Gov't Calls on Fuel Companies to Adjust Prices to Regional A...

Special Effects Expands Portfolio With Acquisition of Creati... Deals

Special Effects Expands Portfolio With Acquisition of Creati...

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.