Market News
Sales augmented in the last quarter of 2010
Date: 2011-05-13 09:13:35
Finally, after one and a half year, in the fourth quarter of 2010 volume sales grew again in Hungarian retail: 2 percent more food products, household chemical and cosmetics products...
Read more
Nielsen: Most people try to save on obligations
Date: 2011-05-12 16:02:54
In Hungary 94 percent of consumers trying to save money at shopping. Three out of four of use the facilities offered by the promotions. This is the most wide spread...
Read more
Milk consumption decreased by 2.6 percent last year
Date: 2011-05-12 15:59:29
Last year, milk consumption decreased by 2.6 percent in Hungary, compared to 2009 – said Posztós Zsuzsanna, Marketing manager of Tetra Pak Hungária Zrt. at a press conference in Budapest...
Read more
The Budweiser remains the most popular beer brand
Date: 2011-05-12 15:37:05
The BrandZ compiled the list of last year's top beer brands, which is lead by Budweiser again – reports Világgazdaság Online. Top beer brands, 2010: 1. Budweiser 2. Bud Light...
Read more
EU filters out the dangerous products more and more effectively
Date: 2011-05-12 13:45:17
The number of dangerous products reaching the market of the European Union decreased in the past period, because of their rapid identification and removal – states the European Commission in...
Read more
U.S. retail sales increased by 7.6 percent on an annual basis
Date: 2011-05-12 13:40:59
In April, U.S. retail sales increased in a slower-than-expected 0.5 percent. Analysts forecasted a 0.6 percent growth. According to the datas of the trade ministry; U.S. retail sales in April...
Read more
The food industry is catching up
Date: 2011-05-12 09:15:54
Domestic sales prices in the industry were 0.6 percent higher in January 2011 than in the previous month. If compared with January 2010, they increased by 9.6 percent. In the...
Read more
Food price increase may stop
Date: 2011-05-11 14:10:25
The Central Statistical Office reported a 4.7 percent annual inflation in April, and a 2.7 percent core inflation (by adjusting food and raw material prices). The price of food has...
Read more
The price of sugar may be moderated in the next one year
Date: 2011-05-11 14:08:51
According to the analysts of the Standard Chartered Bank, if sugar prices will not increase until the potting season – in the future – until the second quarter of 2012...
Read more
The FEOSZ urges to combat against the consumer groups
Date: 2011-05-11 13:30:36
The National Federation of Consumer Protection Associations (FEOSZ) proposes ban or strict regulation against the consumer groups. The association turned to the consumer protection committee of the parliament and to...
Read more
Ifo: improved business sentiment in the euro area
Date: 2011-05-11 12:10:28
Further improvement occurred in the business sentiment in the euro area, but significant differences occurred in the growth among the countries of the area and fears are growing, due to...
Read more
Weak domestic demand and accelerating export improve the trade balance
Date: 2011-05-10 13:12:25
According to the Tuesday report of the Central Statistical Office (KSH); the March trade balance surplus of 831.1 million euros (225 billion HUF) continued to improve the February record of...
Read more
Consumer 2.0: changing consumer behavior in Europe
Date: 2011-05-10 13:07:44
According to the Cetelem Panorama international survey; the critical stage of the crisis is the part of the past. Most of the European countries are on the path of growth...
Read more
Easter Bunny brought fines to the meat firms
Date: 2011-05-10 12:40:19
Safety inspectors experienced some kind of irregularities at 91 percent of the meat companies, during the Easter inspections. 20 percent of the irregularities endangered the health or safety of the...
Read more
A new cargo center will be created at the airport
Date: 2011-05-10 11:59:05
Budapest Airport Zrt. will begin the construction of a new cargo center in the Liszt Ferenc International Airport in September – told the company to MTI on Monday. Hardy Mihály,...
Read more
Manufacturer brands are strong
Date: 2011-05-10 10:21:18
Hair removal sales are very much concentrated to drugstores: this store type ised 62 percent of sales in the March 201-February 2011 period, according to the Nielsen Retail Index; hypermarkets...
Read more
Sunday store closure: the study has been completed
Date: 2011-05-09 12:40:34
According to the study of the Ministry of Economic Affairs, the Sunday store closure will not substantially reduces tax revenues and does not cause large-scale job cuts. The issue divides...
Read more
FruitVeB: the weekend frost does not threaten the fruit supply
Date: 2011-05-09 12:28:30
The weekend frost does not threaten the fruit supply of Hungary- said Mártonffy Béla, President of the Hungarian Fruit and Vegetable Marketing Interprofessional Organization on Monday. On Friday and on...
Read more
Deloitte: companies save on development
Date: 2011-05-09 12:18:00
According to Deloitte Zrt.; The companies currently not planning to significantly increase spendings on research and development. The involvement of the corporate sector is crucial to reach the key government...
Read more
Cocoa export to be restarted
Date: 2011-05-09 12:03:23
More than three months after the outbreak of the bloody political crisis cocoa export to be restarted in Ivory Coast. Ivory Coast is the world's largest cocoa exporter. Forty percent...
Read more
Multipack versions and the probiotic segment push yoghurt sales forward
Date: 2011-05-09 11:14:29
Two contradicting trends characterise the yoghurt market: plain yoghurt sales decline and fruit yoghurt sales augment. It seems that in Hungary consumers expect this healthy product to be highly enjoyable...
Read more
ÉFOSZ: Information on the food and beverage industry in 2011
Date: 2011-05-06 13:25:49
In 2010, agricultural producer prices rose by 16.8 percent, while food prices on domestic sales decreased by 1.1 percent, while consumer food prices, also showed an increase of 3.2 percent....
Read more
Sugar company spends billion on expansion
Date: 2011-05-06 13:12:50
Magyar Cukor Ltd, Hungary's sugar company, announced it will invest nearly 7 billion HUF in an effort to alleviate Hungary's dependence on imported sugar. The company will mount a HUF...
Read more
Industrial production: decrease on monthly, increase on an annual comparision
Date: 2011-05-06 13:03:08
The volume of industrial production in March rose by 9.2 percent, compared to the same period of the previous year – shows the report of the Central Statistical Office. The...
Read more
Apple is more expensive than banana
Date: 2011-05-06 13:02:47
The price of apple rivals with the price of banana: the bananas delivered from thousands of kilometres are often cheaper than the most popular domestic fruits. At many markets, a...
Read more
The last Austrian cigarette factory to be closed
Date: 2011-05-06 11:00:21
Austria Tabak will close its factory in Austria The Japanese owner transfers the production to another country. Negotiations are still underway over the new site selection. With the factory closure...
Read more
Discount stores: more than half of sales revenue realised by private labels
Date: 2011-05-06 07:31:30
According to Nielsen, in the case of food products the market share of private labels grew from 22 to 23 percent in value in 2010 – this amounts to HUF...
Read more
Opten: more and more winding ups
Date: 2011-05-05 13:10:09
According to the latest communication of Opten; In April, 1403 a new insolvency proceedings have been started in Hungary, but the trend after a big jump of February declines for...
Read more
SMS busts fake grey cattle
Date: 2011-05-05 13:08:26
It is more and more often that the meat of simple cattle are sold as grey cattle meat, because threefold earnings can be reached with this illegal step. The trade...
Read more
After eight months of falling FAO's food price index rose in April
Date: 2011-05-05 13:06:57
AO's food price index rose to 232.1 points from the 231 points of March. The cost of living increased most rapidly in the United States and food prices has grown...
Read more
