Market News

Magazine: Women like company, men prefer flavours

Nestlé Lifestyle Centre has conducted an online survey, which revealed that it is important for Hungarians to enjoy meals – 95 percent of surveyees said so – despite that only...

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People turned to inexpensive Christmas-packages, shower gel is the number one purchase

The retail sales of Christmas packages containing cosmetics and personal care products excessed 3 billion HUF in the holiday season last year. They appear to be less popular now, however:...

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Twenty thousand new workplaces might open in Hungary

According to the Association of Hungarian Personnel Consultants and Hungarian People-rent Association, at least 20 thousand new workplaces will open if the frames of employment become more flexible in Hungary....

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Over the past 12 months, prices rose by 4.2 percent

In November 2010, the average monthly consumer price increase was 0.3 percent. Compared to last November, prices grew by 4.2 percent – reports the Central Statistical Office. In the first...

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Milk production and procession is still inefficient

In the quota year 2009/2010, the utilization of the national quota (2,050 tons) was not more than 76 percent which equals 1541.7 million kilogramms of retail and directly sold milk....

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One part of the GDP would serve the conservation of hungaricums

It is envisaged that a certain proportion of gross national income would support the hungarikum fund created for the protection and preservation of national values – said Lezsák Sándor, vice...

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U.S. consumers are optimistic before Christmas

According to the results of the joint survey of the University of Michigan and Reuters news agency; the U.S. consumer sentiment improved greater-than-expected in December 2010. The overall consumer sentiment...

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The authority found forged egg powder

According to the communication of the Hungarian Egg Association;  in recent months, the Hungarian egg market has been flooded with a large volume of cheap Polish eggs and egg products....

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Magazine: Private labels are getting stronger among premium juices as well

The latest data by Nielsen do not reveal many new things to those who are familiar with the trends of the fruit juice market: sales continue to decline. Bálint Jencs,...

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The Hungarian product regulation to come

The ministry has finished the Hungarian product regulation – said Kardeván Endre, Secretary of State of the Ministry of Rural Development, on Thursday in Budapest. The decree will regulate the...

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Industrial production and household consumption increased the GDP

According to the final figures of the Central Statistical Office; the Hungarian economy grew by 1.7 percent in the third quarter, , which is slightly better than the preliminary estimation...

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Dairy producers of the Union, unite!

The milk producers in the EU may exert a stronger market position in the future. According to the suggestion of the European Commission published on Thursday; the EU would enable...

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1,212 billion HUF surplus in trade balance

In October 2010- according to the first estimation – the value of export reached 1796 billion HUF (6,519 million euros) and import amounted to 1,687 billion HUF (6,111 million euros)...

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Food prices increased the least in the Tesco in a year

The crisis tax imposed on commercial chains in November raised the food basket price of Privátbankár.hu. In the previous years, Privátbankár measured at the lowest prices in December, but this...

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PSZÁF launches a Christmas consumer protection campaign

The State Supervision of the Financial Organizations (PSZÁF) launches a consumer protection campaign from the 10th December 2010 to inform those who borrow consumer loans for Christmas. In the scope...

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The larger half of Europe spends more on Christmas gifts than Hungarians

While in Hungary three-quarters of the population spends up to 100 euros (about 28 000 HUF) on gifts in the Christmas season, in the majority of the European countries a...

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The decline in traffic affects the SME sector the most

The last two years of the crisis affected badly all the market participants. The participants had to face with different challenges in different sectors. Over the past two years, the...

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The gel salon sugar is still the favorite

In Hungary 4500-5000 tons of salon sugar are consumed per year, this is 1.5 kilograms per family. There are three price categories: low-cost products, these are typically below 500 forints,...

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Turkey processors expect growth

Despite the crisis, turkey processors close a good financial year and expect growth. A new market participant can also gain market share and enters into the competition of Gallicoop, Saga...

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School milk program: the aid doubled, but many administrative obstacles remained

Administrative obstacles hinder the expansion of the participants of the school milk program, even the support has been doubled, reaching 800 million HUF. – It is encouraging that the Government...

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Amazon, Wal-Mart, Apple: the most mentioned brands on the net

The Zeta Interactive market research company has compiled a list of the brands, which are the most mentioned on the Internet. The company measured not only the volume of the...

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The advertising spendings of the top 100 advertisers decreased by 10 billion USD

According to the compilation of Advertising Age; the top 100 advertisers last year spent 10 billion USD less on advertising than in 2008. The Procter & Gamble is still in...

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Twenty-two tastes compete to be the best salon sugar taste

One can vote for Hungary’s best salon sugar taste, until the 19th of  December at the www.szaloncukor.hu site. Twenty-two tastes are competing from traditional tastes, through caramel to marzipan. Those...

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Magazin: Trendinspirations in customer preferences

This page was made by Trendinspiráció Műhely. The trend research company collected examples of highlighted interest in the field of retail and consumer trends. Find out more at www.trendinspiracio.hu Drink...

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A 5.4 percent rise to expect in advertising revenues in 2011

MAGNAGLOBAL, a division of IPG's Mediabrands, has released an updated forecast for advertising around the world alongside a comprehensive model including data for more than 60 countries covering years between...

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Positive third-quarter trends in Hungarian food retails

The decline in sales of daily consumer goods in Hungary has finally come to an end. Volumes in the third quarter of the year is basically the same value as...

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A new bankruptcy law is needed

It is needless to keep messing around with the current bankruptcy law – Dr. Zsolt Tibor, leading lawyer of Coface Hungary pointed out, based on his own versatile range of...

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Industrial production increased by ten percent

In January-October 2010, industrial production grew by 10 percent, compared to the same period of 2009. According to the datas of the Central Statistical Office; In October industrial production increased...

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Only 2 percent would buy uncertain origin food

In Hungary forged products cause an estimated 600-900 billion HUF damage per year – said Bendzsel Miklós, president of the Hungarian Patent Office Budapest on Tuesday at a background conversation....

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