Market News
Eurostat: Euro area GDP up by 0.3%
Date: 2013-09-04 11:22:49
GDP rose by 0 . 3 % in the euro area 1 (EA1 7 ) and by 0.4% in the EU2 7 1 during the second quarter of 201 3...
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GfK: the rosé is the favorite of the youth
Date: 2013-09-03 12:55:14
About a quarter of the turnover of spirits comes from wine sales. Although the customer base has shrunk by one-tenth in the past two years, the volume of sales has...
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Consumers would also benefit from the 17 percent meat VAT reduction
Date: 2013-09-03 12:42:25
The farmers and the food industry trade associations have long been trying to reach to reduce the VAT on meet products that is the highest in Europe. Due to the...
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Six million tons of corn crop is expected this year
Date: 2013-09-03 12:38:49
Although corn crop will be smaller than expected this year; about 6 million tons, price increases are not expected – the Deputy Director of the Agricultural Research Institute told MTI...
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The NAV found counterfeit washing gels in a value of more than fifteen million HUF
Date: 2013-09-03 10:58:00
The finance guards of NAV seized counterfeit washing gels from a truck on the M5 motorway in a value of more than fifteen million HUF – the National Tax and...
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Agriculture can help the GDP in 2013
Date: 2013-09-02 12:25:34
According to the forecast of the GKI Economic Research Co. after the decline in 2012 and in the first half of 2013 the GDP will increase by about a half...
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The expansion of investments in the second quarter surprised the analysts
Date: 2013-09-02 12:20:02
Analysts surveyed by MTI on Friday considered the expansion of investments in the second quarter as a surprise, while the Ministry of National Economy (NGM) pointed out that this is...
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KSH: trade surplus amounted to 581 million euros in June
Date: 2013-09-02 11:32:59
In June 2013 the value of exports was 6.7 billion euros (1978 billion HUF) and the value of imports was 6.1 billion euros (1805 billion HUF). The foreign trade balance...
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Foie Gras Festival again
Date: 2013-09-02 11:30:13
The 5th Foie Gras Festival will raise the awareness of its visitors on the differences between geese and ducks liver – the organizers informed MTI. The National Food Chain Safety...
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A new application was announced on pálinka trademarks
Date: 2013-09-02 11:27:21
From the beginning of September, one can apply for pálinka trademarks again. The samples can be submitted between the 20 and 30 September at the Wessling Hungary Kft. that will...
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Hungarian economy has still been frozen even after a hot summer
Date: 2013-09-02 10:17:18
GKI Economic Research Co. forecasts that GDP is expected to grow by around 0.5 per cent in the second half of 2013, following its decline last year and in the...
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Dynamic expansion in the electric toothbrush market
Date: 2013-09-01 22:15:34
Toothbrush retail sales are above HUF 3 billion a year and in the first four months of 2013 both value and volume sales grew by 4 percent. Electric toothbrush sales...
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Above-average sales growth in both value and volume
Date: 2013-09-01 22:11:01
Mouthwash sales go beyond HUF 3 billion per annum and growth in the category is bigger than the average. In the first four months of the year both value and...
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Strong manufacturer brands among toothpastes
Date: 2013-09-01 22:06:42
The annual toothpaste market’s value is HUF 12 billion. This January-April retail sales augmented by 3 percent but volume sales dropped 1 percent. Hypermarkets were responsible for 33 percent of...
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Growing number of consumers want their toothpaste to have therapeutic effects
Date: 2013-09-01 21:59:30
Modern oral care involves more and more products in addition to the traditional toothbrush and toothpaste. Anita Boros, Procter & Gamble’s PR manager told our magazine that they put a...
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Recession did preserve
Date: 2013-09-01 21:54:41
f we analyse the structural trends of the recent past, we can see that the lower price category increased its weight, sales shifted in the direction of private label products,...
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Manufacturer brands increased their market share
Date: 2013-09-01 21:51:03
Fruit juice is the seventh biggest (in value) from the 90 grocery categories audited by Nielsen. Annual sales are worth between HUF 38 and 40 billion. In the December 2012-May...
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Salami’s market share rose
Date: 2013-09-01 21:35:32
Salami retail sales rose by 8 percent this January-March from the base period twelve months before and surpassed HUF 8 billion. On the contrary, the Nielsen Retail Index registered minus...
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Forward to the past
Date: 2013-09-01 21:29:08
The salami and sausage market has been contracting for years: data courtesy of Pick Szeged Zrt. show that between 2008 and 2012 volume sales declined by 15.5 percent, while value...
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No change in grocery value sales in the last six months
Date: 2013-09-01 21:24:39
Retail’s revenue from grocery sales didn’t change in the 90 categories audited by Nielsen in the last six months if compared with the base period twelve months earlier. In December...
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The summer stopped the rise of the GKI-ERSTE economic sentiment index
Date: 2013-09-01 21:14:05
After the growth in May and June, in July the GKI-Erste economic sentiment index stopped climbing. Industrial expectations worsened a bit, but the confidence index improved a little in retail...
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Sanitary pad sales developed most favourably
Date: 2013-09-01 12:22:52
Annual sanitary pad sales approach HUF 6 billion per year. Retail sales increased by 4 percent in value and by 2 percent in volume in the first four months of...
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After improvement came decline in the consumer confidence index
Date: 2013-09-01 11:27:20
After the considerable improvement in the first quarter Nielsen’s consumer confidence index for Hungary declined a little, from 43 to 41 points in the second quarter. About the three components...
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The most patriotic brands
Date: 2013-09-01 10:39:18
Research consultancy firm Brand Keys (New York, USA) conducted a survey with 4,500 participants to find out which brands are considered the most patriotic by US consumers. The top ten...
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KSH: increasing investments in the second quarter
Date: 2013-08-30 12:50:38
The volume of investments in the second quarter of 2013 increased by 4.6 percent, compared to the same period of the last year – the Central Statistics Office (KSH) announced...
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NGM: One can choose among thirteen approved cash registers
Date: 2013-08-30 12:25:00
The Hungarian Trade Licensing Office gave market authorization licence to another two cash registers on Friday. So those who are obliged to buy new cash registers can choose among thirteen...
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The tobacco shop law may be changed
Date: 2013-08-30 12:15:49
A change may occur in the tobacco law – the Magyar Hírlap heard it from unnamed government sources. In order to protect young people under age 18, the tobacco shops...
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VM-Minister of State: venison may be included in public catering
Date: 2013-08-30 11:02:50
Annually 12 thousand tons of venison is marketed in Hungary. To stimulate demand the ministry is examining the possibility of the involvement of venison in public catering – Kardeván Endre...
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China's e-commerce prize
Date: 2013-08-30 10:50:39
The year 2013 will be remembered as the one in which China surpassed the US as the world’s largest digital retail market. Last year, Chinese e-commerce shoppers spent RMB 1.3...
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Coface: Hungary came second in Top 500
Date: 2013-08-30 10:50:36
This year’s study of the “Coface CEE Top 500” presents an even more heterogeneous picture of the countries in Central and Eastern Europe, each of which experienced and dealt with...
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