Market News
Protects against sunburn, but not sure it is water-resistant
Date: 2010-07-09 00:00:15
The sun protectors that are available in Hungary did well on the international consumer protection test – reports inforadio.hu. But there are serious problems with the products’ water resistance. The...
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Hungarian industry increased in May
Date: 2010-07-08 00:04:02
The preliminary datas suggest, that industrial production increased by 13.7 percent in May, compared to the same period of last year – reports Central Statistical Office (KSH). Production volume in...
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New opportunities for small farmers
Date: 2010-07-08 00:04:01
According to the Alliance for the Living Tisza Association; new opportunities came into force on the 5th of July for the small-scale producers. One of the most important amendment of...
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Food prices increase inflation
Date: 2010-07-08 00:02:55
The rising food prices due to the floods and bad weather, increase the inflation in Hungary. According to Palócz Éva, director of Kopint – Tárki; the grain yield loss can...
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Glattfelder: Milk supply should be regulated on European level
Date: 2010-07-08 00:01:25
According to Glattfelder Béla, European MP of Fidesz; the milk high-level working group's proposals do not solve the problems of the dairy farmers, and are contrary to the unified European...
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Eurozone increased in the first quarter
Date: 2010-07-08 00:01:02
Eurozone’s GDP growth in first three months of 2010 is 0.2 percent quarterly and 0.6 percent in an annual level comparison, prior to the preliminary datas. According to the revised...
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Infected pigs from the Netherlands
Date: 2010-07-08 00:00:55
The often illegally sold, uncontrolled imported, low priced pigs prices significantly deteriorate the situation of the domestic pig breeders. These kind of animals are easier to import from the Netherlands...
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Italian demonstrations for food security
Date: 2010-07-08 00:00:10
Farmers demonstrated yesterday in northern Italy for safer food. The reason of the demonstration was the blue Mozzarella. The German imported Pseudomonas bacteria infected mozzarella cheese found by food inspectors...
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TheEuropean Union thinking about licensing camel milk imports
Date: 2010-07-08 00:00:01
The milk supply may expand in the stores of the European Union Member States: the European Commission is considering the licensing of camel milk imports. "The camel milk is very...
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Focus on customer awareness
Date: 2010-07-07 00:03:55
In 2009, the daily consumer goods purchased by households remained stable in nominal terms, compared to 2008, but the volume narrowed. Among the commercial channels, the supermarket channel has reached...
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The meat guild listed the industry’s difficulties in a communication
Date: 2010-07-07 00:02:59
The unfavorable economic environment and the black trade hardens the situation of the meat industry the most. The sector would like to reach lower VAT, tighter market and unity. Every...
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More and more food consumed in China and Brazil
Date: 2010-07-07 00:02:39
While the Americans, the British and the French are spending less on food, in China and Brazil more and more food and drinks consumed – shows a British research. According...
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After pálinka, the wine and soda and the home made beer to come
Date: 2010-07-07 00:02:25
After the government announced the free fruit preparation, the wine and soda and home made beer makers feel, that they suffer unjustified discrimination. They would like to achive a reduction...
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Russia seeks self-sufficiency in chicken breeding
Date: 2010-07-07 00:00:38
A serious fall may occur in European chicken exports in a couple of years, if Russia succeeds in the development of its own chicken breeding. Consumption slightly increases in the...
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Retail keeps plunging
Date: 2010-07-06 08:00:00
According to KSH’s report, there was a 4-percent decline in domestic retail turnover in March, compared with data from March 2009. In the 1st quarter, retail turnover was 4.6 percent...
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What will we eat when we grow up?
Date: 2010-07-06 08:00:00
This spring Hungary is about to appeal to the European Court of Justice, because after a long moratorium a few months ago the European Commission gave green light to growing...
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The meat industry is waiting for the grill season
Date: 2010-07-06 08:00:00
The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and fruit/vegetable products. Their last report reveals that the abattoir entry price of slaughter pig in...
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The government is against the abuse of dominance
Date: 2010-07-06 08:00:00
There is a chapter in the new government’s programme called ‘Measures against the abuse of dominance and monopolies’, which states that in a market competition the better wins if there...
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New marketing and advertising directors at Árukereső
Date: 2010-07-06 08:00:00
From May 2010, István Rácz is the new marketing director of arukereso.hu Kft. The new position was created recently as a result of the price comparison site‘s dynamic growth. As...
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Growth in external demand surpasses domestic demand growth
Date: 2010-07-06 08:00:00
According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, technically the recession ended in the 1st quarter of 2010 in Hungary as well and a 1-percent economic growth...
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Help came the second time as well
Date: 2010-07-06 08:00:00
After the big rains in June, several companies rushed to help flood victims. Szentkirályi Ásványvíz Kft. and the Hungarian Red Cross transported 54,000 litres of mineral water to villages in...
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In April Hungary was on top of the EU’s inflation list again
Date: 2010-07-06 08:00:00
In April 2010, in the EU-27 consumer prices were 2 percent higher on average, compared to prices in April 2009. While prices decreased in Latvia (by 2.8 percent), the biggest...
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Free research tool for advertisers and agencies
Date: 2010-07-06 08:00:00
IAB Europe and Google will launch a service called Consumer Commerce Barometer (CCB), which provides agencies and advertisers with consumer data. CCB is a free on-line research tool that relies...
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‘It is ending precisely now…’ (Part 3)
Date: 2010-07-06 08:00:00
This new, 6-part series by Trade magazin and GfK Hungária Market Research Institute focuses on price trends, pricing policies and consumer expectations in terms of price. Last time we examined...
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Franchising works well in Hungary
Date: 2010-07-06 08:00:00
According to data from the Hungarian Franchise Association, 18,000 enterprises are members of the 340 franchise networks in Hungary – we are ahead of the neighbouring countries. A well-organised franchise...
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Declining sales by discount stores in the Czech Republic
Date: 2010-07-06 08:00:00
In the first qarter of 2010, value sales in food retail decreased by 3.2 percent in the Czech Republic (in Hungary by 3.5 percent), while volume sales diminished by 2.8...
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Chain reaction
Date: 2010-07-06 08:00:00
If I say franchise in Hungary, nine out of ten people think of catering. Truth is that in catering most are not aware of the advantages offered by franchising. Franchising...
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Prices of seasonal food products boosted inflation
Date: 2010-07-06 08:00:00
Compared with the previous month, the average consumer price increase was 0.9 percent in May 2010, but compared with May 2009 prices were up by 5.1 percent. KSH’s quick report...
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Growing spending
Date: 2010-07-06 08:00:00
Between 31 May and 6 June the average daily spending by consumers was USD 80, the highest since the economic crisis broke out in December 2008 – reported Gallup on...
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Food product export reduced
Date: 2010-07-06 08:00:00
According to KSH, in January-March 2010 the volume of export improved by 16 percent and that of export grew by 13 percent in comparison with the same period a year...
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