Market News

Agriculture can help the GDP in 2013

According to the forecast of the GKI Economic Research Co. after the decline in 2012 and in the first half of 2013 the GDP will increase by about a half...

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The expansion of investments in the second quarter surprised the analysts

Analysts surveyed by MTI on Friday considered the expansion of investments in the second quarter as a surprise, while the Ministry of National Economy (NGM) pointed out that this is...

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KSH: trade surplus amounted to 581 million euros in June

In June 2013 the value of exports was 6.7 billion euros (1978 billion HUF) and the value of imports was 6.1 billion euros (1805 billion HUF). The foreign trade balance...

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Foie Gras Festival again

The 5th Foie Gras Festival will raise the awareness of its visitors on the differences between geese and ducks liver – the organizers informed MTI. The National Food Chain Safety...

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A new application was announced on pálinka trademarks

From the beginning of September, one can apply for pálinka trademarks again. The samples can be submitted between the 20 and 30 September at the Wessling Hungary Kft. that will...

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Hungarian economy has still been frozen even after a hot summer

GKI Economic Research Co. forecasts that GDP is expected to grow by around 0.5 per cent in the second half of 2013, following its decline last year and in the...

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Dynamic expansion in the electric toothbrush market

Toothbrush retail sales are above HUF 3 billion a year and in the first four months of 2013 both value and volume sales grew by 4 percent. Electric toothbrush sales...

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Above-average sales growth in both value and volume

Mouthwash sales go beyond HUF 3 billion per annum and growth in the category is bigger than the average. In the first four months of the year both value and...

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Strong manufacturer brands among toothpastes

The annual toothpaste market’s value is HUF 12 billion. This January-April retail sales augmented by 3 percent but volume sales dropped 1 percent. Hypermarkets were responsible for 33 percent of...

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Growing number of consumers want their toothpaste to have therapeutic effects

Modern oral care involves more and more products in addition to the traditional toothbrush and toothpaste. Anita Boros, Procter & Gamble’s PR manager told our magazine that they put a...

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Recession did preserve

f we analyse the structural trends of the recent past, we can see that the lower price category increased its weight, sales shifted in the direction of private label products,...

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Manufacturer brands increased their market share

Fruit juice is the seventh biggest (in value) from the 90 grocery categories audited by Nielsen. Annual sales are worth between HUF 38 and 40 billion. In the December 2012-May...

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Salami’s market share rose

Salami retail sales rose by 8 percent this January-March from the base period twelve months before and surpassed HUF 8 billion. On the contrary, the Nielsen Retail Index registered minus...

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Forward to the past

The salami and sausage market has been contracting for years: data courtesy of Pick Szeged Zrt. show that between 2008 and 2012 volume sales declined by 15.5 percent, while value...

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No change in grocery value sales in the last six months

Retail’s revenue from grocery sales didn’t change in the 90 categories audited by Nielsen in the last six months if compared with the base period twelve months earlier. In December...

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The summer stopped the rise of the GKI-ERSTE economic sentiment index

After the growth in May and June, in July the GKI-Erste economic sentiment index stopped climbing. Industrial expectations worsened a bit, but the confidence index improved a little in retail...

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Sanitary pad sales developed most favourably

Annual sanitary pad sales approach HUF 6 billion per year. Retail sales increased by 4 percent in value and by 2 percent in volume in the first four months of...

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After improvement came decline in the consumer confidence index

After the considerable improvement in the first quarter Nielsen’s consumer confidence index for Hungary declined a little, from 43 to 41 points in the second quarter. About the three components...

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The most patriotic brands

Research consultancy firm Brand Keys (New York, USA) conducted a survey with 4,500 participants to find out which brands are considered the most patriotic by US consumers. The top ten...

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KSH: increasing investments in the second quarter

The volume of investments in the second quarter of 2013 increased by 4.6 percent, compared to the same period of the last year – the Central Statistics Office (KSH) announced...

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NGM: One can choose among thirteen approved cash registers

The Hungarian Trade Licensing Office gave market authorization licence to another two cash registers on Friday. So those who are obliged to buy new cash registers can choose among thirteen...

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The tobacco shop law may be changed

A change may occur in the tobacco law – the Magyar Hírlap heard it from unnamed government sources. In order to protect young people under age 18, the tobacco shops...

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VM-Minister of State: venison may be included in public catering

Annually 12 thousand tons of venison is marketed in Hungary. To stimulate demand the ministry is examining the possibility of the involvement of venison in public catering – Kardeván Endre...

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China's e-commerce prize

The year 2013 will be remembered as the one in which China surpassed the US as the world’s largest digital retail market. Last year, Chinese e-commerce shoppers spent RMB 1.3...

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Coface: Hungary came second in Top 500

This year’s study of the “Coface CEE Top 500” presents an even more heterogeneous picture of the countries in Central and Eastern Europe, each of which experienced and dealt with...

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This year, 48 billion HUF capital has arrived to the Hungarian commercial real estate market

Until the end of July, 163 million euros (48 billion HUF) investments have arrived to the Hungarian commercial real estate market, most from the institutional sector – the CBRE international...

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Nielsen: hundred and sixty billion half-year sales on the market of private label food products

The revenues of the food retail chains from private label products increased slightly during the first half of this year, compared to the same period of the last year. With...

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NGM: one can buy cash registers for only 100 thousand HUF

In order to reduce the cash register prices, the national economy ministry has initiated negotiations with the authorized distributors; The first agreement has been signed with the Alt Cash Kft....

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Good Grape harvest is expected at the Tokaj-Hegyalja wine region

The state-owned Tokaj Trading House, which is the largest wine-growing and wine-trading company in the region, expects a good harvest both in quantity and quality at the Tokaj-Hegyalja historic wine...

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The Tarpai Manufaktúra Kft. processes two thousand tons of plum

The Tarpai Manufaktúra Kft. has started to purchase plum. The company will process two thousand tons of fruit this year, and will prepare the famous plum jam and plum pálinka...

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