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Hungarians Search for Cheaper Used Cars

D&T
Jun 25, 2020

After a drastic decline in recent months, the number of searches for used cars in Hungary in June already exceed last year's results: the sudden increase in demand mainly affects second-hand cars cheaper than HUF 500,000. That is according to the statistics of the market leader Használtautó.hu (‘used car’). Reasons not only include the higher […]

Retail Shops Sales Falling

D&T
Jun 4, 2020

In April 2020, the volume of sales in retail shops, including mail order and internet retailing, according to both raw and calendar-adjusted data, decreased by 10.2% compared to the same period last year, the Central Statistical Office reports. Due to the epidemiological emergency, regulatory restrictions were introduced, which also affected retailing, with an impact on […]

Tesco Tops Retail Chain Ranking in Hungary

D&T
Jun 2, 2020

Although, Lidl increased its total gross turnover significantly in 2019, it is still behind Tesco in the ranking of retail chains in Hungary. Of the chains selling fast moving consumer goods (FMCG), Tesco was the first with HUF 740 billion in revenue, Lidl closed last year with 685 billion, SPAR was in third place with […]

More People to Order Food Online due to the Coronavirus Situation

D&T
Mar 17, 2020

More than a third of Internet users in Hungary would order online food because of the corona virus, which could double the number of people who shop online for their household, according to an online survey conducted by Reacty Digital between March 12 and 15, 2020. More than half of the adult population who regularly […]

SPAR Reaches Wage Agreement in Hungary

D&T
Jan 9, 2020

SPAR Hungary Trade Ltd. and the Trade Employees' Trade Union (KASZ) agreed on wage development for 2020, according to a press release by the company. By convention, the SPAR Loyalty Program will continue to exist. What is new is the extension of the 13th month benefit system and the fact that the employee discount available […]

Trade Union Calls for Shorter Shop Opening Hours

D&T
Nov 12, 2019

The Independent Trade Union of Retail Workers (KDFSZ) has called on Budapest Mayor Gergely Karácsony to put forward a proposal limiting Sunday shop opening hours in Budapest, daily Magyar Nemzet reported. The trade union wants supermarkets with a floor area exceeding 400 square meters to be open only until 2 pm on the last day […]

Growing Sales in Hungarian Retail Shops

D&T
Nov 6, 2019

In September 2019, the volume of sales in retail shops in Hungary increased by an annual 6.3%, according to raw data, and by 5.8% when adjusted for calendar effects. The country’s Central Statistical Office reports that the volume of sales, adjusted for calendar effects, rose by 3.0% in specialized and non-specialized food shops, by 8.6% […]

Retail Sales Increase in August

D&T
Oct 4, 2019

The volume of sales in retail shops increased by 5.8% in August from a year earlier, according to data adjusted for calendar effects, Hungary's Central Statistical Office reports. Sales rose by 3.4% in specialized and non-specialized food shops, by 9.8% in non-food retail shops and by 4.3% in automotive fuel retailing. In January–August, the volume […]

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