Drugstores finding footing again
The Hungarian drug store market is starting to find itself again, according to business daily Világgazdaság.
Drugstores were among the losers from panic purchases caused by the pandemic last year, as consumers tended to buy chemical goods in grocery stores that also sold food, according to Gergely Kovács, head of customer relations at NielsenIQ.
But the sector worked off the one percentage point drop in shares last spring by the beginning of the year, and by the middle of the year it had already surpassed the previous level, Kovács told vg.hu. Drugstores accounted for 9% of the total Hungarian market for fast-moving consumer goods, while 41% of the turnover of chemical goods in terms of sales in value in the period from July last year to June 2021.
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