Market News
sustainable quality of life
Date: 2011-02-08 23:09:00
After the recession consumers still want to sustain their standard of living. They reject obscure and vague promises, advantages and brands. Consumers set reachable purposes and look for more down-to-earth...
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Packaging units shrank on the frozen product market
Date: 2011-02-08 19:47:08
Due to last year’s unfavourable weather there is a product shortage on the market of frozen fruits and vegetables all over the world. Prices elevated on the domestic market too,...
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socio/control
Date: 2011-02-08 18:52:19
Society’s social control – that is how we can sum up this trend in short. Consumers are forming communities to force companies to become transparent and socially responsible. They use...
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skeletonising
Date: 2011-02-08 18:51:34
We have just started recovering from the recession and a new kind of asceticism controls our attitude. Producers have to return to the basic competences and get rid of unnecessary...
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Out of rock bottom
Date: 2011-02-08 18:49:06
Retail volume sales were down 2.7 percent in the first ten months of 2010. According to the latest data by KSH, the volume of sales in October was at the...
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Alcoholic beverage and tobacco product prices increased above the average
Date: 2011-02-08 18:48:04
In 2010 consumer prices were up by 4.9 percent on average, compared with 2009. Prices of ‘other products’ were up the most, by 8.8 percent, alcoholic beverages and tobacco products...
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Romania is on top of the EU’s inflation ranking
Date: 2011-02-08 18:47:08
In November 2010 in the EU-27 consumer prices were 2.3 percent higher on average, compared to prices in November 2009. The biggest price increase was measured in Romania (7.7 percent)...
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Sharp increase in the turnover of Polish shops
Date: 2011-02-08 18:46:08
According to a quick estimate by Eurostat, the volume of retail sales grew in October 2010: by 1.8 percent both in the EU-27 and in the eurozone, compared to the...
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Export drove industrial prices up
Date: 2011-02-08 18:45:12
Domestic industrial sales prices were 1.2 percent higher in November 2010 than in the previous month. If compared with November 2009, they were 10.8 percent higher. Industrial export sales prices...
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The majority of the population expects a rise in prices
Date: 2011-02-08 18:44:12
As opposed to earlier increase, the Consumer Confidence Index fell by 18 points in the last quarter of 2010, similarly to the Consumer Expectation Index that plummeted by 34 points...
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Retail turnover may expand by two percent this year
Date: 2011-02-08 18:42:30
According to a forecast by GKI, the Hungarian economy is about to leave the crisis behind. Unfortunately, in order to formally meet the 2010-2011 budget deficit target Hungarian economic policy...
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Production expanded in the food industry too
Date: 2011-02-08 18:38:36
Compared with November 2009, industrial production rose by 15 percent in November 2010. Production was 11 percent higher in the first eleven months of 2010 than a year before. According...
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More than two million card holders in the SuperShop Programme
Date: 2011-02-08 18:08:05
SuperShop Loyalty Programme is 10 years old and celebrates with more than 12 billion points and 2 million cards issued. We talked to managing director Norbert Hovanyecz. T. M.: –...
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Diversified cleaning product distribution across households
Date: 2011-02-08 17:54:06
In the first 10 months of 2010 83 percent of Hungarian families bought some kind of product from the household cleaning product category. However, the importance of individual segments showed...
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The position of chemical product stores became stronger
Date: 2011-02-08 17:52:17
In general we can say that the market of cleaning products contracted last January-October. The only exception was disposable paper towel, sales of which increased by 11 percent in terms...
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Branded rabbits and eggs dominate this year’s Easter too
Date: 2011-02-08 17:49:24
If we examine data by Nielsen, we can see that the market of Easter seasonal products does surprisingly well in terms of value. The economic crisis seems to discard low...
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The market expanded
Date: 2011-02-08 17:43:04
The latest trends in food consumption had a favourable effect on the frozen vegetable market. Nielsen measures turnover in four retail chains of key importance. In the October 2009-September 2010...
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Rolling eggs
Date: 2011-02-08 17:36:13
The dioxin scandal in Germany upgraded Hungarian brands. This new food scare came in handy for Hungarian farmers and food processing companies as this is the umpteenth case that a...
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Industrial production unexpectedly declined
Date: 2011-02-08 13:17:16
Nearly a 12 percent drop occurred in the volume of the industrial production in December, compared to November. It was a negative surprise for the analysts. According to the Tuesday...
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The bakers of Somogy raises their prices: Bread price will increase above 300 HUF
Date: 2011-02-08 12:56:23
A kilogram of white bread may be more expensive than 300 HUF. The majority of the bakers of Somogy will raise their prices by 20-30 percent. During the summer harvest,...
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The more Hungarian suppliers the multis will use, the greater support they will receive
Date: 2011-02-08 12:54:37
The Ministry of National Economy breaks the typical practice of the previous governments, that supported several international companies on a much higher proportion compared to the average of the region...
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214 billion HUF of meat products: increase in value and quantity
Date: 2011-02-08 12:53:46
Retail sales of meat products increased by 3 percent in value, 4 percent in quantity last year, as compared to the previous year. The annual market size is about 214...
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Be careful at price reductions
Date: 2011-02-08 12:16:17
The National Consumer Protection Authority raises consumer awareness of prudent behavior in case of price reductions. It can be observed that in this case, some traders use various tricks to...
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YouTube has the largest mobile broadband traffic
Date: 2011-02-08 12:14:29
According to Allott Communications; YouTube led the total mobile data traffic in the second half of 2010. According to the recent global survey of mobile broadband traffic; in the second...
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Russia exports caviar into the EU again
Date: 2011-02-08 12:10:56
Almost after a nine year break Russia exports caviar into the European Union again: the Russian fishery authorities allowed the export of 150 kilograms of black caviar. The initial volume...
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AVGHA is now equivalent of banks
Date: 2011-02-08 11:47:39
Starting from January this year, the Rural Credit Guarantee Foundation (AVHGA)is going to serve rural small-and medium-sized enterprises, as if it was a bank – Anikó Ulrich, Executive Director of...
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Retail channels in focus: 51-200 m²
Date: 2011-02-08 00:30:01
From the nearly 20,000 food stores 6,426 belong to the 51-200 m² group and most of them are part of a retail chain. The number of stores in this group...
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