Market News

Quo vadis Hungarian manager?

After the summer break many are waiting for the job market to come to life. What are the current trends? Economic recession forced many companies to restructure themselves and to...

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Trends, whys and answers – part 7

As a qualitative market researcher, my experience is that about half of Hungarian consumers belong to the medi-level group (with an average level of price sensitivity). Their income is not...

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POPAI Awards POP competition winners

Display of the Year and ‘Non-durable’ category winner: Knoppers display – OSG Form Kft. • ‘Non-durable’ category second place: Pritt island – IS Innovative Solutions Kft. • ‘Non-durable’ category third...

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USA: the highest holiday season turnover of the last 5 years is forecasted

According to the International Business Times, retailers in North America expect the highest holiday sales since 2007. 100 retail marketing executives were interviewed and their answers revealed an expected growth...

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Christmas came too early for some customers

Canadian drugstore chain Shopper Drug Mart realised that the first week of November is too early to start the Christmas countdown and at midnight 5 November they stopped playing Christmas...

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Fresh groceries attract customers

For Hungarians high quality fresh groceries is the fifth most important factor (from twenty-two) in deciding where to go shopping – according to the latest ShopperTrends survey by Nielsen. Value...

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The price of pork may rise significantly

Pig farmers justify a twenty, or even thirty percent price increase, after the feed prices jumped because of the bad harvest. The purchase price of pork increased to 380-400 HUF...

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KSH: increase in agricultural producer prices

In July, the price of vegetable products increased by 5.3 percent after a decline of eight months, while the price of live animals and animal products increased by 9.3 percent...

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GKI: Recession continues uninterrupted during economic adjustments

GKI forecast slight GDP growth (0.8 per cent) for 2013 following a decline of 1.5 per cent in 2012. In the wake of the new restrictions announced lately, however, only...

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The price consciousness of Hungarians is similar to the European average

The price is the most important when purchasing clothing products for 50 percent of the Hungarian consumers. 48 percent are watching the price of household products. This ratio is 43...

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Fazekas Sándor: the melon sector is on a growing path

The domestic melon sector is on a growing path – said the Minister of Rural Development in Medgyesegyháza on Saturday at the National Conference on the Evaluation of the Melon...

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Innovation might be the best way to go forward

While the European Union is falling behind when it comes to innovative solutions, USA and Asia are catching up fast. Innovating was never easy. But it’s more difficult than ever...

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Company gifting continued to decrease

This year Christmas gifting at companies declines further. The downward trend lasts since 2008 – shows the survey of the Promo Data Piackutató Kft. market research company. The Promo Data...

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eNENET-Telekom: a report on Internet Economy

The gaining ground of smart phones is in momentum in Hungary – the service providers have exceeded last years 800 thousand sales already until October 2012, and thanks to the...

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Sopron’s wine-growing area increased last year

Sopron’s wine-growing area increased by more than eighty hectares last year. Two hectares were cut off, while ninety-seven hectares were planted in 2011. Beside a medium yield, year 2011 was...

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Cetelem: Christmas Tablets on easy terms

Although the businesses are ready since November, we start getting Christmas gifts later an later. We buy the chosen products in the last weeks of December on easy terms and...

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Ministry of Rural Development: there will be no food price explosion

The Ministry of Rural Development (VM) believes on the basis of the study of the Agricultural Economics Research Institute (AKI) that there will be no food price boom in the...

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Four hundred million USD investment for sustainable cocoa production

The world's largest chocolate company the Mondelēz that belongs to Kraft Foods launches its “Cocoa Life” sustainability effort. The company plans to invest 400 million USD in the next ten...

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Gift sets for all ages

Unilever, the market leading cosmetics gift set producer, compiles most of its sets from ‘bestsellers’ and novelty products this year. In addition to well-established gift sets, the company also prepares...

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Demonstration for the Hungarian meat industry

The Union of Meat Industry Employees (HDSZ) organizes a nationwide demonstration in the next week. They will protest to protect the jobs in the meat industry – HDSZ told MTI...

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The market of Kolosy square was handed over in Óbuda

The Kolosy square market was re-opened in the 3rd district of Budapest – the local government informed MTI on Wednesday. The market – that kept its former tavern, inn, stables...

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GfK Hungária expects more conscious gift purchasing

The experts of GfK Hungária’s Retail and Technology area expect more conscious gift purchasing this Christmas from the buyers. Properly to the trends of the previous years, increase in demand...

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NGM: retail sales are stagnating or decreasing throughout Europe

The unfavorable retail data is not only a Hungarian phenomenon, the trend is typical in many other countries and regions of Europe – the Ministry of National Economy (NGM) told...

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The Milk Marketing board would consult with the Ministry on the draft of the land law again

The Milk Marketing Board Interprofessional Organization requests the Rural Development Ministry to consult again over the draft of the land law again with the Milk Marketing Board, because they are...

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K&H SME confidence index: liquidity is drying out

According to the latest K&H SME confidence index carried out among domestic SME managers, the deadline of customer accounts increases again also accompanied by worsening expectations. In parallel, the execution...

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The local government of Kapuvár opens a meat store

The local government of Kapuvár opens a meat Store, because due to the liquidation of the Kapuvár Meat Co. the closure of the company’s store caused meat supply problems in...

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U.S. “Black Friday” More customers with smaller wallet

This year, more customers were purchasing during the “Black Friday” action in the United States. However, they spent less than last year – shows the first summary, published during the...

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Having a mobile phone will access internet – maybe

More than half (55 percent) of the people use their mobile or smart phone devices at least once a week for online activities – shows the survey of Ipsos. If...

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Retail sales fell by 3.1 percent in September

In September, the volume of retail sales decreased by 3.1 percent, compared to last September and in the first nine months of the year it was 1.5 percent below the...

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GfK: decreasing overspending in December

In December, households are spending more on fast moving consumer goods, than in the other months of the year, but this difference is decreasing year after year – shows the...

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