Market News

The Germans will give shopping vouchers as Christmas present this year

In Europe's largest economy, shopping vouchers are on the first place on this year’s Christmas gift top list. Last year the Germans preferred to give books as a Christmas present....

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The majority of the products on the shelves of the retail chains are Hungarian food products

The Economics Department of Corvinus University carried out a survey, to estimate the proportion of Hungarian food products in domestic retail. Overall, in the tested categories the ratio of the...

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GKI Budapest Real Estate Market Index, 2002-2010

In October 2010 the GKI Budapest Real Estate Market Index was -23.3, which means significant improvement compared to the previous quarter. This data is higher by 11 points than the...

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The trade surplus continued to grow

According to analysts, polled by MTI; the September trade balance surplus was better than expected, and the year end surplus may reach 5.3 billion euros. According to the preliminary datas...

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Dutch and Danish pigs are flooding the Hungarian market

The purchase price of live pigs  decreased by fifteen percent in the last months. The customers do not perceive anything from the lower raw material price. But who swallows up...

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According to Demján; the Széchenyi Card has a great success

The Széchenyi Card is a great success. Via KA-VOSZ the product can reach the most part of the Hungarian small and medium-sized enterprises – said Demján Sándor, Executive Chairman of...

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The big perfumery chain test

The International Service Check (ISC) international market research company tested 27 perfumery chains, including eight (DM, Perfumerie Fann, L'Occitane (en Provence), Marionnaud Parfumeries, Rossmann, Schlecker, Sephora, Yves Rocher) in international...

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The Association of Conscious Consumers tested Túró Rudis

The Association of Conscious Consumers tested one of the most popular domestic sweet, the Túró Rudi, on the basis of nutrition biology terms and packaging informations. A total of 19...

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Record growth is expected in the German economy

The exports of the German companies increased by two times faster, than expected in September, the trade balance surplus is almost on its two-year peak. In the previous two months,...

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Scandalous Lidl opening in Cyprus

Lidl expands:, the German discount chain last Thursday handed over seven stores in the Republic of Cyprus, and expected to open two more units this month. Analysts described the fast...

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Luxury item: new and limited, yet available in Hungary

Breitling is pleased to unveil its iconic Chronomat 01 watch in a limited edition of 2,000 pieces sculptured in steel and 200 pieces in rose gold. The Chronomat 01 joined...

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The Netherlands commits to using only sustainable palm oil by 2015

By the end of 2015, all palm oil used in The Netherlands will be sustainable, as certified by the Roundtable on Sustainable Palm Oil (RSPO). All palm oil suppliers and...

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The medieval abbey basement of Köröshegy is to let

Csaba Deckner decided to start the reconsruction-works of the abbey basement of Köröshegy three years ago. The picturesque, 100 m2 basement is to let now. PIctures and more information: http://dl.dropbox.com/u/6567667/pince1.ppt...

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‘It is ending precisely now…’ (Part 4)

This new, 6-part series by Trade magazin and GfK Hungária Market Research Institute focuses on price trends, pricing policies and consumer expectations in terms of price. Last time we examined...

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Scotch Whiskey export on its ten-year peak

Scotch Whiskey export broke its ten-year peak, largely due to the sales increase in the emerging countries. According to the datas of the Scottish Association of Whisky Manufacturers; between January...

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660 billion ‘’turnover’’ in the black market of food

If the government would repel the black market to one third, significantly more tax could income than the revenues from the crisis tax – states the National Trade Association (OKSZ)....

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Improving industrial production

In September, industrial production increased by 0.5 percent compared to the previous month, the annual improvement was 10.9 percent – the Central Statistical Office reported. The sector remains the driving...

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More harvested Aszú than it was expected

The Tokaj Trading House bought threefold of the expected quantity, thanks to favorable Autumn weather. According to Kiss István, CEO of the Tokaj Trading House; this year’s vine harvest is...

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In September euro zone’s retail weakened further

The euro zone retail sales despite an expected slight growth, began to decline in September, which shows the vulnerability of household demand. According to the datas of Eurostat; retail sales...

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Russian ban on frozen chicken

From the 1st of January 2011, Russia will introduce a comprehensive ban on producing and marketing of frozen poultry meat – announced Gennady Onyiscsenko leader of the consumer protection supervision...

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Magazine: Retailers are fighting for those with a low income

Dollar (Dollar General, Family Dollar and Dollar Tree) stores’ popularity is growing and recently Wal-Mart and brand manufacturers also started focusing on shoppers with a low income. Previously Wal-Mart refused...

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What you can eat today… about healthy lifestyle programs

In the autumn several market research companies published data and results from the domain of healthy eating. Nielsen revealed that Hungarians find healthy food products too expensive. Ipsos found that...

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Milk Marketing Board: Auchan and Tesco sold milk under the milk purchase price

The Milk Marketing Board turned to the Central Agricultural Office, because they suspect, that Auchan and Tesco sell milk under the milk purchase price, while it is well known that...

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Domino is preparing to open one thousand pizza stores in Germany

The U.S. pizza chain, Domino is preparing to open one thousand pizza stores in Germany in the forthcoming years. The first Domino pizza shop will be opened in Berlin this...

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We are attached to Hungarian companies, and the favourite brand is Pöttyös Túró Rudi

The repuation of a company is largely defined by the emotional proximity customers experience. The two traditionally Hungarian companies we feel close to are MOL and Richter – recent survey...

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Pick, Gyulai, Herendi – The best Hungarian brands

In many countries of the world the Superbrands awards are handed over each year, to recognise the finest brands. This year, the national jury paid attention to the Hungarian products,...

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The pig breeders on the edge of bankruptcy

The pig industry faces a bad year, so the state should intervene – said Sákán Antal president of the Association of Pig Breeders. Without interference from state, pig stocks can...

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OECD expects a slow recovery

OECD expects a 1.5 to 2.0 percent increase for the economy of the euro area in 2011 and a 1.75 to 2.25 percent for the United States. In its June...

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The Szegedi paprika received EU protection

The European Commission, put the Szegedi paprika on the”protected area of origin of products” (appellations d'origine protégées, AOP) list – was announced in Brussels on Wednesday. The “szegedi fűszerpaprika-őrlemény” was...

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Two hundred thousand people visited the Corvin during a week

Thanks to the customer services, as well as the family-friendly operating philosophy of the Corvin Shopping Center, more than two hundred thousand people visited the new complex in the last...

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