Sales of mineral water, soft drinks fall 8.2%
Sales of mineral and flavored waters, carbonated soft drinks, fruit juices and ice teas dropped 8.2% year-on-year to 2.36 billion liters in 2020, the Hungarian Mineral Water And Soft Drink Association said, according to napi.hu.
Sales in the first quarter were up almost 10% but turnover in the second quarter dropped dramatically after the pandemic appeared in Hungary in March, secretary Kinga Hamza Bikfalvi said. Turnover also fell year-on-year, albeit less, in the third quarter. Sales in the fourth quarter were down 10.2% from a year earlier.
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.