Market News
Chocolate Santa figures are the most popular – they make up for more than half of holiday season sales
Date: 2010-12-03 13:44:18
Last year sweets retail sales surpassed the level of HUF 2 billion in the December holiday season, but sales of seasonal products were 11 percent lower than in the previous...
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Increase in retail sales: it did not happen yet
Date: 2010-12-03 13:42:53
Volume sales by retail units in August were practically at the same level as last year. Sales fell by 3.3 percent in the first eight months of the year. KSH’s...
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Prices lowered in September
Date: 2010-12-03 13:39:54
In September the monthly average consumer price decrease was 0.1 percent, but compared with the level of September 2009 prices increased by 3.8 percent. According to a quick report by...
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Retail sales are slowly climbing in the EU
Date: 2010-12-03 13:38:37
According to Eurostat’s quick estimate, retail sales grew by 0.8 percent in the EU-27 and by 0.6 percent in the eurozone in August 2010, compared to the same period a...
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Food industry is still one of the losers
Date: 2010-12-03 13:36:51
Domestic industrial sales prices were 0.3 percent higher in August 2010 than in the previous month. If compared with August 2009, they were 10.5 percent higher. Industrial export sales prices...
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Food export growth
Date: 2010-12-03 13:35:22
In January-July 2010 the volume of export soared by 17 percent and that of import increased by 15 percent, if compared with the base period a year earlier. Foreign trade...
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Chocolate may become a luxury product
Date: 2010-12-03 13:34:38
Because of the decline of the cocoa bean plantations and rising demandm, chocolate soon to be classified into the category of luxury goods. According to the Ghana-based Natural Conservation Research...
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Young people spend nearly five hours in front
Date: 2010-12-03 13:32:33
In the past ten years the umber of young people who use the Internet daily multiplied by sixteen. 15-19 year olds spend a daily 4.9 hours in front of different...
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Eurozone’s retail sales increased again
Date: 2010-12-03 13:28:28
After falling for two consecutive months, the euro-zone retail sales rose in October – states the European Union's statistical office, the Eurostat on Friday. The October retail sales increased by...
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Inflation wave hits Romania and Greece
Date: 2010-12-03 13:24:36
In August 2010, in the EU-27 consumer prices were 2 percent higher on average, compared to prices in August 2009. The biggest increase was measured in Romania (7.7 percent) and...
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A lot depends on tax law and the budget
Date: 2010-12-03 13:22:18
According to economic projections by GKI Gazdaságkutató Zrt. and Erste Bank, the conditions for economic growth are somewhat worse than previously reckoned. The growth rate of external demand will be...
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Chicken sales on the rise
Date: 2010-12-03 13:18:10
Agricultural Economics Research Institute (AKI) monitors and regularly publishes the world’s poultry and meat product trends. Their latest report reveals that the volume of broiler chicken purchased weekly on weeks...
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Industrial production improved after last year’s poor performance
Date: 2010-12-03 13:16:37
In August 2010 the volume of industrial production increased by 17.6 percent from August last year. Production level in the first eight months of the year was 10 percent higher...
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Online food stores are in trouble
Date: 2010-12-03 13:13:47
Every fourth online food store eliminates its operation in Great Britain. Years ago, the Internet has revolutionized the business sector. Costumers did not have to go to the hypermarkets: the...
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Nearly all households buy some kind of hygiene or skin care product
Date: 2010-12-03 11:22:48
According to GfK Hungária’s ConsumerScan, 95 percent of households bought some kind of hygiene or skin care product in the first half of 2010. In the youngest age group (under...
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Hand care creams have become cheaper
Date: 2010-12-03 11:18:38
From the Nielsen Retail Index we learn that the annual market of hand and body care creams amounts to an annual HUF 7-8 billion. From this hand crams represent HUF...
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More expensive nuts and seeds, successful dried fruit novelties
Date: 2010-12-03 11:16:43
Economic recession did not spare the domestic and international market of dried fruits and nuts/seeds. Mariann Novák, sales director of Nobilis told Trade magazin that the majority of Hungarian shoppers...
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So far we spent more on sweet biscuits this year
Date: 2010-12-03 11:13:54
Data from Gfk Hungária reveal that households spent more on sweet biscuits in the first half of 2010 than in 2009. The number of buyers did not increase, but the...
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The biscuit market suffers from increased flour prices
Date: 2010-12-03 11:12:14
Data by Nielsen revealed that sweet biscuits lost a significant share of their market in the last six months. Zsanett Teveli, Maresi Foodbroker Kft.’s brand manager told us that it...
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Plain biscuit strengthened its leading position
Date: 2010-12-03 11:10:13
Sweet biscuit sales amount to HUF 23 billion per year, according to Nielsen. Plain sweet biscuit’s market share in December 2009-July 2010 grew to 43 percent in value (up 4...
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Rauch expands on a shrinking market
Date: 2010-12-03 11:07:43
On 12 November Rauch announced at a press conference that they processed 80,000 tons of Hungarian fruit, 80 percent of which was apple. Gábor Kardos, Rauch Hungária Kft.’s director told...
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More expensive juice products increased their market share
Date: 2010-12-03 11:03:08
In the fruit juice category, sales shifted toward more expensive products with a higher fruit content: the market share of juice grew to 29 percent in value – in December...
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In Forint terms Hungary exports more than before the crisis
Date: 2010-12-02 15:47:13
Between January and September, the export volume increased by 18, imports by 16 percent compared to the base period. The increase in euro was 22, and 19 percent. The trade...
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Hungarian companies are optimistic
Date: 2010-12-02 15:43:56
Hungarian business leaders are optimistic about their own companies and over the economic prospects of Hungary. Three quarters of them expect that their company’s revenue will reach or exceed the...
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Third of the pigs and one-fifth of the cattle have disappeared
Date: 2010-12-02 15:42:10
According to the Central Statistical Office; third of the pigs and one-fifth of the cattle have disappeared in the last ten years. This shows that animal breeding is vegetating for...
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Euro zone’s economy increased by nearly two percent in a year
Date: 2010-12-02 14:35:59
In the third quarter, the GDP of the 16-member euro zone increased by 0.4 percent, compared to the second quarter and by 1.9 percent, compared to the third quarter of...
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Consumption mood in the EU improved hardly
Date: 2010-12-02 14:24:09
Public spending growth slowed down in the third quarter in the European Union (EU). According to the survey of the Visa Europe; the nearly half billion inhabitants of the union...
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Russia joins to the World Trade Organization
Date: 2010-12-02 13:37:59
Moscow and Brussels signed the document of the WTO accession on the 7th of December – said Russian Deputy Prime Minister Aleksandr Zhukov in Moscow. According to the report of...
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MVH goes on with food-aid program sponsored by EU
Date: 2010-12-02 11:35:04
Food distribution goes on in the next couple of weeks of year, on behalf of Hungarian Agricultural Authority (MVH) within the compass of a special food-aid program for those in...
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Hungarian companies only use social media for marketing purposes
Date: 2010-12-02 10:47:00
The majority of Hungarian companies still do not get the hang of social media: they mostly use it as a one way platform to distribute marketing messages, instead of focusing...
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