Market News

With evergreen bags for the environment

METRO, SPAR and Tesco urge their customers to quit using disposable plastic shopping bags and switch to environmentally friendly solutions. After every shopping bag sold by METRO Hungary, 5 Forints...

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In 2009 cheap cheeses pulled the market

As GfK Hungária’s ConsumerScan revealed, we bought 12 percent more cheese in 2009 than a year earlier. The average household purchased 16.9 kg of cheese, largely due to an increase...

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With cool calculation

Saving energy is the driving force behind innovation in cooling technology. The economical use of cooling equipment results in lower operation costs for retailers. In Hungary, the most important trend...

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Small shops keep losing ground

Beer’s retail turnover was down 1 percent in value in the February 2009-January 2010 period. The market’s value was above HUF 102 billion. At the same time the Nielsen Retail...

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Inflation is losing speed, but it is still the highest in the EU

In February, the monthly average consumer price increase was 0.3 percent, but compared with February 2009 prices were up by 5.7 percent, indicating a slowing down in the inflation after...

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Beer brands have to convince hesitating consumers

In 2009, the beer industry realised the lowest volume sales in the past 20 years. Mostly bars and restaurants can be blamed for the minus 8 percent, the downturn was...

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Egg producers can be satisfied

The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and fruit/vegetable products. Their last report reveals that in the first two months the volume of...

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The beer market contracted further last year

Just like in 2008, the beer market kept shrinking in 2009, revealed GfK Hungária’s ConsumerScan, because the average household bought 6 percent less beer, 72 litres. 67 percent of Hungarian...

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Employment pessimism is subsiding

GKI’s economic sentiment index continued to improve moderately in February. In the business sector expectations were more optimistic, with the exception of industry – here the confidence index reduced a...

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Orange, peach and apple is the ranking in terms of volume

Fruit juice retail sales were down 9 percent in value in the February 2009-January 2010 period, compared to the same period a year earlier and totalled at HUF 42 billion....

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‘It is ending precisely now…’ (Part 1)

‘…so I let it go!’ Tibi Kiss, the lead singer of Quimby probably referred to something else, but we thought it would fit the new, 6-part series by Trade magazin...

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Farm Goods shop in the capital

Great interest surrounded the Farm Goods shop opened in February at the Havana estate. The owners of the company purchasing food directly from the producers of rural areas are planning...

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The Sunday opening hours of shops may be limited in the autumn

The law to restrict the opening hours of shops on Sunday may be modified in the autumn – said Harrach Péter, representative of the Fidesz-KDNP in the Monday issue of...

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The market of frozen goods to transform

Ambiguous picture emerges in the domestic market of frozen foods. Some manufacturers, distributors are optimistic, saying the sky is the limit in the dynamically developing sector. Others, however, are more...

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U.S. economy slowly turns into the right direction

The U.S. economy recovery looks robust already we can talk about “self-sustaining recovery” – summarized the USA Today newspaper the opinions of 46 leading economists. The current 9.7 percent unemployment...

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The honey industry improving dynamically in Romania

Romania's honey production may increase by 10 percent this year, reaching 23,700 tons. Romania’s honey production last year, was 21,500 tons, while 20 000 tons in 2008. The number of...

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The Californian Hungarian-American Chamber of Commerce has formed

The Californian Hungarian-American Chamber of Commerce has formed aiming to build a bridge between the Hungarian and the Californian business interests – the Hungarian MTI informed by the Los Angeles...

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OKSZ: commercial sales fell in February

According to the datas of the Central Statistical Office; the retail trade in February was smaller than a year earlier – states the National Trade Association. Unfortunately, not only the...

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Slowing growth in the UK

The British economy’s growth rate has already slowed after barely begun. According to the preliminary estimation based on partial datas, growth was 0.2 percent in the first quarter, half of...

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Fewer children and more work for women

According to OECD’s most recent report, over the Status of Women; Hungary is among the backmarkers, in terms of women employment – reports Népszabadság. Women give birth to fewer children...

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Last year’s honey crop was weak-medium

The drought spring left its mark on this year’s results. Last year was a weak-medium year for beekepers. Over the past five years, last year's export volume was the smallest...

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The price of apples may increase!

Due to the unusually cold weather of the recent weeks, a decline will occur in quantity of apples from China's northern part. This may easily result in a price increase...

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The German economy is expanding

According to the latest forecast; a 1.4 percent growth is expected in Germany for this year and 1.6 percent for next year. The Ministry of Economic Affairs in Berlin, yesterday...

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The U.S. producer prices increased more than expected in March

U.S. producer prices increased in March more than expected – the U.S. Labour Department reported Thursday. Producer prices increased by 0.7 percent, compared to February, when a 0.6 percent decrease...

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Decrease in draft beer consumption in Hungary

The economic crisis affected badly the Hungarian domestic beer industry also. Last year, a more than ten percent decrease occured in turnover. While, due to the decline in exports, the...

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Too much rain threatens the crops

Two or three dry weeks would be needed in agriculture, to accelerate the works up and the crop vegetation to gain its absence. According to Tóth István, secretary of the...

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Thirty percent of the Hungarians having breakfast irregularly or never

In Hungary, 30 percent of the adult population having breakfast only irregularly or never – states the April fast report of McReggeli. The datas of the survey show, that 80...

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Lidl and Tesco would expand in the poorest Member States

Bulgaria, the poorest Member States of the European Union is expected to be the favorite target of retail chains in the next few years, the main market players have already...

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The ZEW index caused surprise

The German ZEW economic sentiment index increased higher than the expected 45.1 points, to 53 points in April, from the 44.5 points of March. The EURUSD bounced above 1.35, the...

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The Retail Top List 2009 is out now!

Tesco, CBA and Coop was the ranking in 2009 Nielsen’s 2009 ranking shows that Tesco is the food and chemical product retailer with the highest turnover, followed by CBA and...

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