Nielsen: Sales of house brand products up 6% in 2015

Drinks

jessica fejos

Sales of house brand products in Hungary were up 6% over the last year as compared to the preceding year, reaching HUF 492 billion, market researcher Nielsen said yesterday, according to reports.

Some 28% of retailers’ food turnover was made up of house brand sales, Nielsen said, adding that sales of household chemicals and cosmetics made up a little more than 18% of the total category. 

According to Nielsen, retailers faced challenges last year in selling some house brands, such as health and beauty products, even if they were 40% cheaper than branded products, Hungarian news agency MTI reported.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Gov't Wants Sustainable Business Model for Magyar Posta Government

Gov't Wants Sustainable Business Model for Magyar Posta

120,000 Guest Workers Employed in Hungary HR

120,000 Guest Workers Employed in Hungary

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

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.