Research: Retail food sales grow 4% in Hungary
Retail food sales in Hungary in the period of February 2014 - January 2015 increased by 4% in volume terms as compared to the previous period, market research company Nielsen reported today.
According to the research, sales of cheese rose 9% in value terms (5% in volume), carbonated beverage sales climbed 6% both in value and in volume, and sales of energy drinks were up 16% nominally and rose 13% in volume terms.
Market share of supermarkets and discount stores between 401 sqm and 2,500 sqm edged up to 38% from 36%, while the share of stores larger than 2,500 sqm slipped to 27% from 25% as compared to year earlier, the research data reveal.
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.