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Research: Retail food sales grow 4% in Hungary

Industrial

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.

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