Market News

The National Assembly adopted the report of GVH

The National Assembly adopted the Competition Authority’s (GVH) report on its last year's operation on 12 November. Last year a number of complaints and notifications were sent to the agency...

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Young farmers are indispensable to agriculture

elping young people is an important area of rural development policy, since running Hungarian agriculture would be inconceivable without young farmers”, said Minister for Rural Development Sándor Fazekas on Monday...

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HITA has established the Exporter Award

The National Foreign Trade Office (HITA) has launched an application for those domestic micro, small and medium-sized enterprises, that have their own manufactured products and their export activities greatly contribute...

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The profession calls for the renegotiation of the Waste Act

The new Waste Act eliminates the interest of the producer in proper waste management – was said at the professional seminar, dealing with the producers’ responsibility and waste management. At...

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Declining sales and profit expectations in the SME sector

The sales and profit expectations of the SME managers showed a decrease again for the next year, compared to the previous quarter. “The domestic companies are calculating with an average...

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The number of customers consume Christmas presents on internet has increased

This year Hungarians plan to spend an average of 33,900 HUF for Christmas gifts – shows the online survey of Árukereső.hu, carried out with the participation of 1700 participants. The...

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Balfi: leadership in the club of thousands

In the first half of 2012, the consumption of high mineral content (1000 mg / l liter or above) mineral waters have increased in Hungary, due to their positive health...

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Amway: Hungarians are afraid to start their own businesses

The Hungarians are the most pessimistic to start their own companies – shows the representative survey of Amway, carried out in Europe. The assessment of corporate form of life is...

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The credit market expanded the most in the region in Slovakia

Most of the credits have been taken up in Slovakia among the countries of the Visegrad Four group and Austria, last year – shows the analysis of Postová Banka sent...

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The most innovative product since fluorid-based toothpaste

Procter & Gamble Oral Health is known for delivering some of the most innovative toothbrushes in the market. The company recognizes, however, that a variety of parameters influence the success...

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Top-quality letter factory at the Hungarian Post!

Hungarian Post launched its Electronic Post Centre (EPK) service this March. The EPK system produces mails automatically, which are later e-mailed or sent as a letter to recipients. On demand,...

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Nielsen: food retail turnover increased in value, did not change in amount

The turnover of the 90 categories measured by Nielsen increased by 5 percent to about 1,145 billion HUF in the Hungarian retail sector, between December 2011 and September 2012, compared...

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Analysts: industrial production may stagnate this year

According to analysts, industrial production, may stagnate this year, but can increase next year but its extent is unknown yet. The Central Statistics Office (KSH) announced on Friday that the...

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Magazine: Convincing results about the efficiency of displays

The shopper of today has less time but more money for buying FMCG products, therefore finding products has to be made easy for them: in 1995 the proportion of secondary...

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Significant wine price increase may come next year

Due to the shortage of wine and grape prices rise increases most of the wineries will increase their prices from 1 January. According to the analysis of Varga Winery a...

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The Danish Government abolishes the tax on fat

The Danish government wants to remove the fat tax, that was introduced a year ago – the Danish Ministry of Taxation announced on Saturday. Denmark was the world first country...

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Fish and food production program is being prepared for the area of Biharugra

Fish and food production program is being prepared for the area of the Biharugra fishponds, based on fresh water. The program was developed by the Békés County Development and Enterprise...

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Travels around FMCG – Business Days 2012 – part 1

Around the World in Three Days was the title of this year’s Business Days conference, held in Hotel Pelion, Tapolca. A record number of more than 450 participants attended the...

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Cleaning products: the age of the head of household greatly influences product choice

Hungarian households do not economise on household cleaning products: both volume and value sales improved in the first half of 2012. Households where the head is older than 60 years...

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Great autumn cleaning – part 2

Research conducted by Unilever revealed that cleanliness is less important for people than it was 20-30 years ago and the amount of time people spend with cleaning is diminishing. Today...

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Energetic cereals

There are two big categories on the cereal market: cereal flakes and bars, and mueslis and muesli bars. The two groups have slightly different target groups and consumption motivations. Andrásné...

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Wiener season approaches with fervent price promotions

Wiener is as popular as it used to be: according to Nielsen, from November to December in 2011 volume sales augmented by 52 percent and value sales rose by 40...

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Promising first six months in agricultural foreign trade

The effects of the drought have been disastrous, far less wheat was harvested in Russia, the Ukraine and Hungary – consequently, prices have started increasing. Corn yield suffered even more...

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Wiener is a favourite with large families

Wiener is a very popular product category: nine out of ten households purchased this type of meat product in the 12-month period leading up to June 2012. It is large...

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Private label sales grew in the first six months

Food retailers’ revenue from private label products increased in the first half of the year if compared with the first six months of the previous year – reveals Nielsen’s latest...

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The level of consumption was at a standstill in the first six months

Hungary’s economy and consumption were characterised by stagnation in the first half of 2012 – reported GfK Hungária in the Retail Analysis study conducted by its Consumer Panel Services. Hungarian...

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Production prices in the industry reduced further in August

In August 2012 production prices in the industry were 0.3 percent below the level of July. The volume of industrial production fell by 0.8 percent if compared with the level...

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Food prices are rising above the average

In September consumer prices were 6.6 percent higher than a year earlier. The monthly pensioner consumer price index augmented 0.3 percent and the annual index upped 6.6 percent. Compared with...

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GKI is pessimistic

GKI Economic Research Zrt.’s forecast for 2012-2013: Hungary’ economy will lag behind the economies of the European Union and our economic policy will lead to isolation. The level of consumption,...

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Demand for Hungarian wines dropped by one third

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that 3 percent less slaughter turkey was sold in Hungary in the first nine...

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