Market News
Cheese drink is here
Date: 2010-11-02 18:09:59
Japan surprises the world with something new every week. This time it is cheese drink: tropical orange juice with 51-percent fruit content is flavoured with exotic cheese. The drink tastes...
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Cartridge cleaners
Date: 2010-11-02 18:08:19
Liquid soap and washing up liquid refills are not novelties these days. Not until somebody comes out with the idea of refill cartridges. Planet People from Canada put a collection...
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Stickers against forgetting
Date: 2010-11-02 18:06:59
‘Beauty is timeless. Beauty products are not.’ – this is the slogan of the service called Beauty Alert. The company entered the market with stickers which make it easy to...
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Food product import reduced
Date: 2010-11-02 18:04:58
In the first six months the volume of export increased by 18 percent from the base period and import also grew, by 15 percent. KSH’s quick report also reveals that...
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Weak forint strengthens the industry
Date: 2010-11-02 18:03:43
In July 2010 the volume of industrial production augmented by 9 percent, compared with July 2009. In the first seven months industrial export improved by 15.7 percent (by 11.2 percent...
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Food industry prices fell
Date: 2010-11-02 18:02:21
While domestic sales prices fell by 0.6 percent in July 2010 (in comparison with June), they rose by 9.9 percent if compared with the level of July 2009. According to...
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Inflation is at a standstill in the eurozone
Date: 2010-11-02 18:00:28
Eurostat reported that consumer prices increased by 0.2 percent in the eurozone in August, in comparison with July. In the EU-27 consumer prices were 2.1 percent higher in July 2010...
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Food prices on their twenty-seven month peak
Date: 2010-11-02 17:57:33
According to the calculations of FAO, the UN Food and Agriculture Organization; Food prices increased to their twenty-seven month peak in October, particular, due to the rise in the prices...
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Pork prices are lowering again
Date: 2010-11-02 17:56:59
The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and meat products. Their last report reveals that the production price of domestically bred pig fell...
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Retail turnover finally expanded
Date: 2010-11-02 17:55:17
In July the volume of retail increased for the first time since March 2007: by 1.7 percent if compared with July 2009. However, in the first seven months of 2010...
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Tea is the second most popular warm drink
Date: 2010-11-02 17:52:23
In January-June 2010, 69 percent of households bought tea. From the different tea types black, flavoured black and herbal teas were the most popular, with a 27-30 percent penetration. Fruit...
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Shower gels and deodorants are the most popular in gift packages
Date: 2010-11-02 17:46:48
Christmas gift packages with body care and cosmetic products were sold in the value of HUF 3 billion in the last Christmas period. It is noteworthy though that sales were...
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Health is the key word that slowly changes the structure of the tea market
Date: 2010-11-02 17:45:33
In the recent period the tea market strengthened above the level of inflation, in terms of value: consumers bought more from expensive tea varieties. Lilla Adorján, Unilever’s category operations assistant...
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Demand shifted towards more expensive segments
Date: 2010-11-02 17:43:44
On the HUF 13 billion annual tea market retail trends differ from the general trend: consumers are not trying to economise. In May 2009-April 2010 tea retail sales grew by...
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Breakfast cereal is the choice of young families with many children
Date: 2010-11-02 17:42:27
According to GfK Hungária’s ConsumerScan, half of Hungarian households bought some kind of cereal product in the first half of 2010. Breakfast cereals were the most popular, followed by muesli/cereal...
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Only muesli was capable of a positive performance
Date: 2010-11-02 17:38:26
According to the Nielsen Retail Index, retail sales of cereals and cereal bars fell by 2 percent in value and by 1 percent in volume, in December 2009-July 2010. Volume...
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Large packaging units debuted well
Date: 2010-11-02 17:35:07
The Nielsen Retail Index revealed that butter’s value and volume sales both grew by 4 percent in December 2009-July 2010, in comparison with the same period one year earlier. Sales...
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Lower level of concentration, private label sales diminished
Date: 2010-11-02 17:29:33
According to the Nielsen Retail Index, the share of stores larger than 400 m² from wiener volume sales decreased by 3 percentage points in the first half of the year....
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Close to 1,000 billion surplus in trade balance
Date: 2010-11-02 16:31:26
According to the report of the Central Statistical Office; In January-August of 2010, the trade balance surplus was 956 billion HUF (3,493 million euros) 355 billion HUF (1413 millioneuros) more...
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Huge revenue due to 25-30 percent rise of alcohol tax
Date: 2010-11-02 00:24:14
Turkey's Finance Minister Mehmet Simsek pointed out that he expected a government move to raise a special consumption tax on alcohol by 25-30 percent to bring in $556.5 million in...
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Hungarian milk production descreases
Date: 2010-11-02 00:00:26
Three EU member states face levies worth € 19 million for exceeding milk quota. Denmark, the Netherlands, and Cyprus were the three states –out of 27 members, which exceeded their...
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New plant opened by Bounduelle
Date: 2010-11-01 22:10:53
French vegetable producer Bonduelle has announced that it has opened a new plant in Brazil. Located in Marajo, Goiás State, the plant mainly produces green peas packaged in tins. The...
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The panic is over, but consumers are still cautious
Date: 2010-11-01 11:17:06
The consumer confidence index moderately improved in the past three quarters in Hungary, but is still in the negative zone (we can speak of a positive mood above 100). In...
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The newest plaza opens in Siófok in 2011
Date: 2010-10-29 21:08:59
The construction work is scheduled to be completed later this year, the handing over of the trade center may take place in December 2011. In relation to one of the...
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Successful Hoventa expo in 2010
Date: 2010-10-29 20:12:19
Hoventa 2010 összefoglaló from Trade Magazin on Vimeo....
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German retail sales decreased further
Date: 2010-10-29 18:17:48
In Germany, the decline of the September retail sales accelerated. After the 0.4 percent decline of August a 2.3 percent decline has occurred. Annual growth is 0.4 percent. On the...
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EU decision: more alcohol can be in the Hungarian wines
Date: 2010-10-29 18:16:47
Brussels agreed that because of the bad weather, winemakers can increase the alcoholic degree of wines. A further nine countries, Germany, Slovenia, Austria, the Czech Republic, Belgium, Denmark, Slovakia, the...
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The impact of the pharmacy liberalization on consumers
Date: 2010-10-29 18:15:56
According to the study of GKI-EKI Egészségügykutató Kft.; Because of the pharmacy liberalization, geographical and demographic constraints of the establishment of pharmacies have been terminated. The 19 percent increase in...
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KSH: unemployment data proved to be better than expected
Date: 2010-10-28 21:51:26
Unemployment data published by the Central Statistical Office (KSH): Hungary's average employment rate for July-September fell to 10.9%, while the number of employed rose to 3,823,000, KSH said in the...
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The GVH fined 16 grain processor for 2.3 billion HUF
Date: 2010-10-28 21:21:51
Because of their participation in cartel, causing losses to Hungarian consumers, the Competition Authority (GVH) fined 16 grain processor for 2.3 billion HUF – announced the Competition Authority on Thursday....
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