Retail chains see HUF 57 bln in sales

Food

jessica fejos

Retail chains reported HUF 56.9 billion in grocery and drug sales between the week of March 9 -15, 47% more than in the same period last year, says novekedes.hu.

Image by Jessica Fejos

Friday’s announcement by Nielsen says that, as a result of schools’ shift to a home-based digital curriculum and the generally recommended adoption of home office, Hungarian consumers have flooded into retail units.

While the first buzz in late February was about buying durable food, the sales of sauces and pasta almost tripled in value, while sales of flour and rice also reached record sales, novekedes.hu adds.

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

EC Calls on Hungary to Comply With CJEU Ruling on Asylum See... EU

EC Calls on Hungary to Comply With CJEU Ruling on Asylum See...

Hungary's Largest ESG Consultancy Formed by Merger of EY, De... Deals

Hungary's Largest ESG Consultancy Formed by Merger of EY, De...

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

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.