Market News

Less selling places and significant price increase are waiting for the smokers

Nearly 35 thousand tobacco outlets can disappear in Hungary next year, while smokers can buy cigarettes in the remaining four to five thousand tobacco shops on higher prices. The average...

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OTP: the expenses of Hungarian households are very high

An average Hungarian family spends an annual 420-600 thousand HUF for overhead – shows the recent survey of OTP. The survey found that 55 percent of families pay 25-50 percent...

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IBM forecasts better months for merchants

Sales of home furnishings in the U.S. are expected to shoot higher in the second quarter, with in-store sales increasing nearly 8 percent to $23.222 billion and online sales increasing...

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Fruits at the price of gold

Data from the latest report of the Agricultural Economics Research Institute (AKI) reveals that at the Budapest Wholesale Market domestic pepper was sold at a higher price than last year....

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The government decided to help the farmers

The government decided on the mitigation of drought damages on Wednesday's meeting, especially about the solving of the feed market troubles and about the curing of the situation of the...

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Worsening food shortage can force the human race to vegetarian diets

The human race has to face radical changes, due to the escalating food supply problems. Among other things, the 9 billion world population (expected for 2050) has to change its...

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The multinationals can come: Hungarian webshops do not feel threatened

Three-quarters of the webshops would develop their businesses further with the enlargement of the product range, and only one-third of them seeing a greater risk in the appearance of foreign...

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The start of the school costs tens of thousands HUF to the families

Less than one week left from vacation: On the 3rd of September, about 1.3 million students will start the school year. The start of the school costs tens of thousands...

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The special segment keeps strengthening

From 100 Hungarians only 9-10 can say that they have no teeth problems. It is especially people above the age of 35 who suffer from bleeding gum or dental plaque...

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Partner In Pet Food: new investment, new products

Partner In Pet Food’s dry dog food production facility completed a major investment this spring, as a result of which the plant has become capable of manufacturing soft bits too....

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The wet segment is gaining ground on the pet food market

After the contraction of both value and volume sales in 2011, the pet food category (including both pre-packaged and those bought in bulk) kept shrinking in 2012. Last year’s decline...

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The rebirth of Pölöskei syrup

Three years ago Pölöskei Syrup Kft., a stable player on the market changed ownership, but unlike many other manufacturers, after a swift and flexible restructuring it remained a Hungarian enterprise....

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The level of inflation was 5.6 percent in June

In June consumer prices were 5.6 percent higher than a year before. Compared with May 2012, prices only elevated by 0.1 percent and food prices were down 0.1 percent. In...

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Differentiated VAT cut proposal in agriculture

The proposals of the Poultry, Meat, and Dairy Marketing Boards to reduce Value Added Tax (VAT) on general basic food items were sent to the MTI on Monday. The Marketing...

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Nielsen: 54 percent of the domestic consumers are planning to purchase online

The proportion of consumers increased by one-third over two years in Hungary to 8 percent, are planning to buy food and drinks online during the next six months. 46 percent...

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Retail: Focus on Cash Logistics

The period of nylon bag delivery has expired: more and more retail units are turning to the direction of skilled providers, seeking for quality and safety cash logistics solutions, recognizing...

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FUSIONS project examines the entire food chain

Up to now there has been insufficient specific data on food wastage in Europe both on a national as well as international level. Although the players in the food sector...

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Analysts: positive changes in the labor market situation

According to the analysts of TakarékBank and ING, labor market situation changed favorably in May-July. However, they believe that unimployment rate can be close to 11 percent for the end...

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Syrups: a real Hungarian category

The two big segments of the category are ‘flavoured’ syrups (these contain no fruit) and real fruit syrups. János Gréczi, owner-managing director of Gramex 2000 Kft. says: – From a...

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Deputy State Secretary Czomba speaks at the expansion of British American Tobacco’s plant

Sándor Czomba, Deputy State Secretary for Employment spoke today at the inauguration of a new factory hall at British American Tobacco’s plant in Pécs. He praised the company’s long-term commitment...

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The damage in agriculture is more than 400 billion HUF

The Hungarian agriculture’s loss is more than 400 billion HUF, due to the drought – Tóth István, Secretary of the National Association of Agricultural Co-operatives and Farmers (MOSZ) told MTI...

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The kilogram per HUF price of eggs is under checking at the markets

Vendors who do not indicate the kilogram per HUF price of eggs will receive only a warning for a while. According to the new regulation the kilogram per HUF price...

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German business sentiment declines for the fourth month

In August, German business sentiment declines for the fourth month. The business confidence index of the Munich-based Ifo Economic Research Institute declined to 102.3 points, mainly due to the uncertainty...

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185 thousand proceedings initated in China, due to fake food products and pharmaceuticals in a year

According to the report of the Ministry of Public Security, since August 2011 a total of 147 thousand underground laboratories were destroyed. Complaints from citizens also helped a lot to...

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GKI: Domestic expectations are permanently very pessimistic

Following the almost permanent and pronounced fall in 2011, GKI-Erste confidence index (adjusted for seasonal factors) was close to stagnation in the first eight months of 2012. The modest increase...

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2012 Shopper Engagement Study – part 1

Recession, unemployment and frequently changing economic conditions force the majority of FMCG buyers in the USA to economise. When it comes to making shopping decisions, 76 percent have been measured...

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Trade Marketing Klub: The scent of success

Trade Marketing Club invited a special guest to its summer opening party, held on the beautiful terrace of Buda Sport Hotel: perfumer Zsolt Zólyomi, who earned his degree at the...

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Another school year starts: discount stores and the internet are the primary source

According to the latest report of AdvertisingAge (USA), a survey by the National Retail Federation found that American households with children in the 3-18 age group plan to spend 14...

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Shopping experience and utilising digital tools in retail

Market research company CompTIA recently published a study, according to which every third retailer in North America uses some kind of digital tool in-store and another 22 percent plans to...

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Supplying restaurants at the highest level

Matusz-Vad Zrt. serves its growing number of Horeca partners with top quality products, innovations, a sales team and its own logistics system. The company was founded in 1994 and opened...

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