Market News
Ample supply and last year's prices are expected of Easter ham
Date: 2011-03-31 14:00:27
Although Easter is a month away, the manufacturers have already started to deliver smoked meats to the stores. This year, because of the high competition and due to the decline...
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Bread to increase with an average 8 HUF in April
Date: 2011-03-31 13:58:59
Bakeries will increase the price of bread by an average of 8 HUF in early April, because of the price increase of flour – told Varga László, Chairman of the...
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Pigkeepers may protest again
Date: 2011-03-30 17:03:11
In case no real substantive measures are taken linked to the demands of protesters in order to improve the situation of pigfarmers, then those affected by the current deplorable situation...
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The customers are interested in the price / value ratio primarily
Date: 2011-03-30 13:06:31
Surveys have shown that Hungarian customers are clearly looking for domestic products, but experience of the retail chains shows that the minimum price difference favors the foreign products. Those who...
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They were expanding relentlessly last year too
Date: 2011-03-30 12:51:36
How many more large floor space stores can the Hungarian market provide for? I have been asked this question several times recently by the heads of FMCG companies. My answer...
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GfK: decrease in consumer confidence and in willingness to purchase
Date: 2011-03-30 12:49:17
The Complex Consumer Confidence Index, the Consumer Expectations Index and the Willingness to Purchase Index have also declined in March 2011 – contains the Wednesday Communication of GfK Hungária. Nearly...
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Free-Sunday would not be mandatory twelve times per year
Date: 2011-03-30 12:23:29
Until the end of April or until early May, the government will develop its final vision over the free Sundays. On the basis of the negotiations it seems that the...
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The committee does not to discuss over the six-month ban of mall construction
Date: 2011-03-30 12:14:53
The Sustainable Development Committee of the National Assembly did not support to take the bill into subject line, which had been assigned a six-month moratorium on permiting the building of...
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EU: There are no agreements to regulate cloned meat
Date: 2011-03-30 12:01:58
The Council and the European Parliament did not agree over the regulation of foods derived from cloned animals. The Council and the European Parliament failed to agree until the prescribed...
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VHT is still against the protest of pigfarmers
Date: 2011-03-29 17:41:05
The Livestock and Meat Association and Productcouncil (VHT) does not wish to bring trade political questions to the street, so they are not going to take part in the protest...
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The price increases of flour and bread have not ended yet
Date: 2011-03-29 13:31:14
(HU) The price increases of flour and bread have not ended yet...
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What is an ideal shopping mall like?
Date: 2011-03-29 13:14:17
The joint background conversations of Futureal, Jones Lang LaSalle and GfK Custom Research were about the general market trends, the most important macroeconomic statistics and the constantly changing needs towards...
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UK food retailers are looking for cheap Eastern European labor forces
Date: 2011-03-29 13:08:35
English chains are recruiting foreign workers. Tesco is looking for new employees in Slovakia and in Poland, for example. In Hungary the recruitement of cooks became also popular. A few...
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Tender money to support the regional wine houses
Date: 2011-03-29 12:35:49
The Magyar Borok Háza Alapítvány(MBHA) (Foundation of Hungarian Wines) wrote out a 2.5 million HUF application to support the operation of the regional wine houses and, wine shops. The competition...
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Chocolate bar buyers pay attention to quality
Date: 2011-03-29 11:21:58
Economic recession left its mark on the market of chocolate bars too, but to a lesser extent than in the countline chocolate or praline categories. “One of the main reasons...
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Despite the 4 percent inflation we can find products that are getting cheaper
Date: 2011-03-28 15:19:47
In the first two months, prices were higher with an average of 4.0 percent, compared to the same period of last year – shows the analysis of the Central Statistical...
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Mangalica Pig may become a Hungarikum
Date: 2011-03-28 14:50:23
The aim of the breeders is that the high-quality Mangalica Pig, that has a centuries of tradition to be included among the Hungarikums – said Tóth Péter, President of the...
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Brussels provides 46 million euros to the Hungarian dairy producers
Date: 2011-03-28 14:30:41
The regulation over the special dairy support has been published. The regulation entered into force on the 28th of March. As the treatment of the specific disadvantages for of dairy...
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France would put the global food market on new basics
Date: 2011-03-28 13:59:07
France aims to repel speculation in food prices. While the European Commission not even mentioned speculation in its late January report as the reason of of food price fluctuations, France...
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China: sophisticated demand, dramatic supply
Date: 2011-03-28 13:13:57
More than 1,000 businessmen from 420 companies, government officials and economists participated in the first Nielsen China Forum in Shanghai. Mitch Barns, the president of Nielsen’s China affiliate told at...
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In most EU countries, the VAT rate of basic foodstuffs is lower than in Hungary
Date: 2011-03-25 17:40:29
As previously been reported in Hungary, many sectors are lobbying to ensure to be in the scope of the 5 or 18 percent reduced VAT rate, however, very few succeed...
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Are the less well-off really poor?
Date: 2011-03-25 15:06:08
Join us in a myth hunt! Each month Trade magazin and GfK Hungária Market Research Institute examine a statement popular in the field of retail, to decide whether it stands...
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After three-quarters of strengthening business sentiment in Germany declined slightly
Date: 2011-03-25 13:00:47
The business confidence index of the Munich-based Ifo Institute for Economic Research declined to 111.1 points in March, from the former 111.2 points of February, but it's better than the...
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France would coordinate the control of Japanese food
Date: 2011-03-25 12:59:59
France urged the European Commission to introduce a coordinated monitoring system in connection with the imported Japanese fresh products. So far, eight countries prohibit the imports of food from Japan....
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It is worthy to open sub-account for Internet shopping
Date: 2011-03-25 12:57:36
According to the recent survey of the National Consumer Protection Authority, 60 percent of the respondents have already paid online by credit card, a bad experience occurred at just one...
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Number of traditional small stores decreased, but they still catch 27 percent of all food sales
Date: 2011-03-24 18:26:13
The number of general grocery stores decreased by 2 percent, which means a total of 332 stores last year, compared to the previous year. Thus, there were 19 669 stores...
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Egg prices may significantly increase for Easter
Date: 2011-03-24 18:25:51
In Tolna county markets, farmers sell eggs for 28 to 32 HUF. According to a fellow worker of the Hungarian Chamber of Agriculture, before Easter, significant price increases are experienced,...
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The indication of discounted prices is problematic
Date: 2011-03-24 15:09:26
The National Consumer Protection Authority (NFH) investigated the Christmas promotional activities of twenty-seven chain of stores, as well as general trading coditions. Controls were carried out in a total of...
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Mobile phones may replace credit cards
Date: 2011-03-24 15:03:08
The NFC-based payment has the potential to help the purchases: the credit card of the future is the mobile phone. According to James Anderson, CEO of MasterCard; during the following...
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