Nielsen: Retail food sales grow 5%
Retail food sales rose 5% reaching HUF 490 bln during the period from last December to March of this year, market research company Nielsen told MTI last Friday. In volume terms, retail sales increased 4%, while in value terms, sales of beer, carbonated soft drinks and fruit juices rose more than the average.
In volume terms, sales of meat products, beer, cheese, carbonated soft drinks and fruit juices climbed faster than the average. These numbers refer to the period just before larger stores were required by law to close on Sundays.
During the period measured, supermarkets and discount stores larger than 400 sqm controlled 67% of the market as compared to 66% recorded a year earlier. Shops with an area smaller than 200 sqm had a market share of 25% during the above period, 1% less than a year earlier.
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