Market News
Greece: how economic crisis affects consumption
Date: 2012-03-04 22:33:37
According to the results of a Nielsen survey, in the last quarter of 2011 89 percent of Greeks were of the opinion that their country was in economic recession. Somewhat...
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Hungary’s agricultural foreign trade and the German market
Date: 2012-03-04 22:30:16
In 2011 our agricultural export expanded much more rapidly than national economic export in general. One of the they key drivers in this expansion was the German market, which with...
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Drugstores bettered their position
Date: 2012-03-04 22:25:07
Household chemicals and cosmetics retail sales amounted to HUF 300 billion last year – no change from 2010 – and a 2-percent decrease was measured in terms of volume sales...
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More products advertised in fewer promotional leaflets
Date: 2012-03-04 22:21:49
GfK Hungária’s Leaflet Monitor data from 2011 indicate that retailers advertise a growing number of products in less and less leaflets: last year 1,144 leaflets were published, while back in...
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Grüne Woche in Berlin – Prices are rising but where will they stop?
Date: 2012-03-02 23:34:16
A political record: the agricultural ministers of 64 countries, including Hungary’s minister of rural development Sándor Fazekas, took part in the global food forum held at Grüne Woche in Berlin....
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Industrial production prices slightly dropped in December
Date: 2012-03-02 17:41:27
As a result of changes in domestic and export prices, industrial production prices fell 0.5 percent in December from the previous month. In 2011 industrial production prices augmented by 4.2...
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Drastic downturn in Hungary’s banana export
Date: 2012-03-02 17:38:38
Data from the latest report of the Agricultural Economics Research Institute (AKI) reveal that the price of pig rose on the world market in 2011. In Hungary the production price...
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Further reduction in the number of public sector employees
Date: 2012-03-02 17:30:22
At enterprises employing at least 5 people, budgetary institutions and observed non-profit organisations 2,694,000 people were employed in January-November 2011 – 8,000 less than a year earlier. In the same...
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KSH: increase in food, beverages and tobacco imports
Date: 2012-03-02 13:50:47
The Central Statistical Office (KSH) registered a double-digit growth in foreign trade’s forint and foreign exchange values, due to the demand in automotive trade last year. The Central Statistical Office...
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Minimum wage: is it too much or too low?
Date: 2012-03-02 13:00:12
EUROSTAT’s recent survey shows a deplorable picture of Hungary. According to the surcvey; the amount of the current minimum wage in Hungary is much smaller than the available monthly minimum...
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Four Paws Foundation under competition supervision procedure
Date: 2012-03-02 12:55:02
The Competition Authority initaded competition supervision proceeding against the Four Paws Foundation for unfair trade practices and for unfair manipulation of consumers – told Budai Gyula, Accountability Government Commissioner to...
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Snow saved wheat bread from frost
Date: 2012-03-02 12:32:57
The hard cold did not do significant damages to the wheat bread, sowed last autumn. The plant now shows a hopeful development – told Matula Árpád, horticulture supervisor of the...
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National food inspection ordered for GMO-content products
Date: 2012-03-02 12:18:22
Rural Development Minister Sándor Fazekas ordered a comprehensive nationwide food inspection aimed at uncovering products containing GMO's. The expert pointed out that the Central Agricultural Office would oversee the strict...
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Fizetések.hu: Diploma is worth twice as much as high school degree
Date: 2012-03-02 10:39:25
Employees with high school degree earn half the amount of what employees with a university degree make 160 thousand HUF versus 325 300 HUF – the online survey of Fizetések.hu,...
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GfK Hungária: More and more people surfing on the web with mobile devices
Date: 2012-03-02 09:00:08
On the basis of the datas of GfK Hungária’s Digital Connected Consumer study, it can be stated that by the spread of smart phones and tablet PCs, surfing on the...
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How the ideal workplace looks like?
Date: 2012-03-02 08:30:02
The employees want to find secure livelihood , continuous improvement, varied and interesting tasks in the ideal workplace, but almost one in four respondents considered professional challenges and flexible work...
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Postcard from Singapore
Date: 2012-03-02 00:09:34
Singapore is the centre of Asia – not only financially but commercially as well. With its 4.5 million inhabitants Singapore is a hard-working country where people are spending money like...
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From the walls to the furniture
Date: 2012-03-01 23:16:57
In the last two decades office buildings and warehouses have been growing out of the ground like mushrooms. Facility management experts’ task is to guarantee that these buildings operate economically...
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New hygiene service from METRO
Date: 2012-03-01 21:11:12
For METRO products with a target group from the culinary world, including cleaning products and stationery, are of major importance because these goods are fundamental elements in operating the Hungarian...
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Drugstores strengthened their market position
Date: 2012-03-01 20:54:13
From last year’s toothpaste value sales hypermarkets had a 34-percent share (no change from the previous year) and drugstores were at 33 percent (up 3 percentage points). The annual toothpaste...
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Last Easter ham retail sales improved in both value and volume
Date: 2012-03-01 20:18:49
Last year in the Easter period (March-April) Hungarians spent more than HUF 5 billion on ham, 4 percent more than in the previous year. Volume sales climbed 5 percent, to...
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Milk chocolate rabbit figures and eggs dominate the market
Date: 2012-03-01 20:02:54
According to the Nielsen Retail Index, retail sales of Easter sweets and gift packages almost reached the HUF 3 billion level last year. This was the result of 11 percent...
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Hungarians are mainly fighting overweight by changing their diet
Date: 2012-03-01 19:48:59
52 percent of Hungary’s adult population consider themselves overweight to a certain extent. At the same time only 34 percent try to lose weight and the majority of them, 89...
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Lifesaving food, drinks and lifestyle recommendations
Date: 2012-03-01 19:43:51
All over Europe we can see the expansion of health conscious behaviour, sports centres are more and more popular, exercise and healthy food are trendy, which is great news from...
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Some like it strong
Date: 2012-03-01 19:43:49
HELL’s market share (measured by the number of products sold) was a record-breaking 23.8 percent in December 2011, exactly twice as big as a year earlier. The Hungarian manufacturer celebrated...
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What finally ends up on the table: what do Hungarian children eat?
Date: 2012-03-01 19:35:57
Mona Hungary Kft., the distributor of the Montice brand, conducted a representative survey in the summer of 2011 about the dairy product consumption of primary school pupils. From the answers...
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Increased demand for wet wipes and baby oil
Date: 2012-03-01 19:29:52
From the baby care products measured by Nielsen wet wipes sell for more than HUF 4 billion a year. Last year value sales climbed 5 percent and volume sales soared...
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What is a good Easter ham like?
Date: 2012-03-01 19:29:18
When you cut good quality smoked Easter ham, it is claret-coloured inside and it tastes pleasantly salty and smoky. When touching a good ham, it must be neither soft nor...
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Heaps of baby products
Date: 2012-03-01 19:25:36
Those who set off on the wonderful journey of having a baby try to give the best to the little ones, which includes buying special products. These days many women...
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Magazine: Organic food – it is still farming and not processing that dominates
Date: 2012-03-01 19:12:22
Approximately 140,000 hectares of land is used for organic farming in Hungary, cultivated by 1,500 farmers and organisations. Hungary’s Rural Strategy sets the target of tripling the proportion of land...
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