Market News

The construction industy worry of the new cash registers

The group of construction material traders can become the biggest loosers of the online caahier system connected to the NAV. According to experts, only the sales without invoice or the...

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KSH: slowdown in the rise of agricultural producer prices

The rise of agricultural producer prices slowed down slightly in February – the Central Statistics Office (KSH) reported on Friday. The agricultural producer prices rose yb 17.0 percent in February...

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Retail sales of oral care products are expanding

Consumers spent nearly 20 billion HUF for toothpaste, toothbrush and mouth water between March 2012 and February 2013. Hungarian consumers are open to the novelties: Most of them tried at...

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Mystery Shopping survey: Mammut is the best

According to the Mystery Shopping survey, Mammut is the best shopping center. The second best organized shopping center is Europark. The INTERNATIONAL SERVICE CHECK cattied out a Mystery Shopping survey...

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Eight out of ten cash registers were manipulated

Therefore, in the future the AEE will indicate such illegal activities to the center of the Hungarian Tax and Customs Authority (NAV). Linczmayer Szilvia spokesperson of NAV told that all...

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The GVH has terminated the proceeding initiated in the melon case

The Hungarian Competition Authority (GVH) has terminated the competition supervision proceeding initiated in the melon case on April 10, because the authority believes that with the continuation of the proceeding,...

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The detailed rules for the implementation of the hungaricum law were adopted

The Government has approved the detailed rules for the implementation of the hungaricum law. Our national values ​​will be recorded by the Hungarian National Depository, while the high performances of...

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The Hungarian sellers still not smile enough

The Hungarian sellers’ performance in case of welcoming the customers and related sales is above the world average, but they smile rarely – shows a survey carried out in 57...

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The forgotten segment

The forgotten segment, or rather channel, is the world of traditional or farmers’ markets. I was invited by the Agricultural Research Institute (AKI) to discover this uncharted territory with the...

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We go to specialist shops more often than the European average

There is great demand for fresh groceries all over the world and Hungary is no different. According to a Nielsen study, Hungarians buy bread and other bakery products most often:...

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FruitVeB: increasing production of one million tons, 100 thousand new jobs by 2020

The fruit and vegetable sector, is willing to increase its output with a total of approximately one million tons from the current 2.5 million tons between 2014-2020 and want to...

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Analysts expect a maximum of two and a half percent inflation, the OKSZ is confident that consumption will increase

On the basis of the significantly lower than expected March inflation data, analysts lowered their annual average inflation forecasts for 2013. They expect a maximum of 2.5 percent price increase,...

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VM: it is unfounded to talk about rising food prices, beacuase of the flood

According to the professional view of the Ministry of Rural Development (VM) it is unfounded to state that this year's flood will cause food price increase. There is no doubt...

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Varga: more than ten manufacturers would produce online cash registers

More than ten companies, including Hungarian companies are also preparing to produce new online cash registers – Varga Árpád, the vice president NAV told. Varga Árpád is confident that the...

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A Dutch company exported 50 thousand tons of meat without certificate of origin

Another meat scandal on the horizon: 50 thousand tons of meat without a certificate of origin were exported to European countries – including Germany too and the Netherlands. It is...

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The reputation of Hungarian Wines can be increased with adequate marketing support

The reputation of Hungarian Wines can be increased further by using the renascent Eastern relations and with appropriate marketing support – Tóth Katalin, Deputy State Secretary of the Ministry of...

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Brand evolution on a higher level (part 2)

Last time (Trade magazin 12/2012) we analysed people’s relationship with brands using the metaphor of basic human relations. The main question now is what kind of marketing activity we can...

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A growing number of Hungarians use their mobile phone for price comparison

A recent study by Nielsen emphasises that the mobile phone is the most important communication device and medium for many people. Although mobile shopping is still in an early stage...

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Winter destroyed two million hectares of Russian crops

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) help to make business decisions. The latest forecasts from the International Grains Council (IGC) revealed...

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Bisnode: the decline in consumption continues to affect the businesses badly

The bankruptcy rate of companies dealing with producing food, beverage and tobacco product, dealing with automotive trade, retailing and hospitality increased between 1 April 2012 and 31 March 2013, compared...

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GfK: financial thinking and risk-taking are not only determined by the available income

In autumn 2012, GfK Hungária examined the thinking, the needs and the expectations of affluent bank customers who have higher than average incomes. The key finding of the research was:...

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Awakening optimism among SMEs

A clear improvement in sentiment can be experienced among the domestic SMEs, whereas following last year’s uncertainty K&H’s SME confidence index started to increase significantly. Optimism can be mainly explained...

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BGF: fresh graduates earn 100-150 thousand forints in trade and catering

92 percent of the trade and catering enterprises are employing fresh graduates, with a typically 100-150 thousand HUF net starting wage. These fresh graduates are starting their careers for mostly...

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One and a half billion HUF worth donations from the Food Bank

The Hungarian Food Bank Association distributed more than 5,000 tons of food donations worth 1.5 billion HUF in 2012, throught its 520 partners organizations. Thus, food packages were ditributed at...

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Fidesz: new tobacco shop tender for the smaller municipalities

Just as it was envisaged, the national tobacco shops will open in the summer, while the National Non-Profit Commercial Tobacco Co. annunces a new tobacco shop tender for the smaller...

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Online retail: development and restructuring

More and more people choose online shopping in Hungary – revealed a comprehensive market survey conducted by Olcsóbbat.hu and UNAS, with the participation of more than 2,000 online shops. 68...

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Magic recipe

Those who know me also know that our company has been dealing with premium dairy products and dairy substitutes for nearly 8 years, and with other FMCG products for 20...

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Ipsos F&F: Have breakfast like a king … – young people's eating habits

The majority of young people believe that the abundant breakfast, hot lunch, and a lot of fruit is part of everyday eating, but their eating habits are far from ideal....

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The national advertising pie shrank by three percent last year

Domestic advertising spendings shrank by about 2.9 percent last year. On the basis of the datas of the Hungarian Advertising Association, its vale was 174 billion HUF – was said...

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FruitVeB: greenhouse production can increase, due to the easening of the use of thermal energy

In Hungary the volume of vegetables grown in greenhouses can be significantly increased from 200 thousand tons per year to 600 thousand tons by 2020, due to the easening of...

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