Market News

At the end of year 15 million bottles of champagne consumed

In Hungary, around 30 million bottles of champagne is sold annually, roughly half of this consumed by the end of the year, during the Christmas and New Year shopping period....

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The December turnover is just like the 5-6 years earlier

According to the National Trade Association’s (OKSZ) communication; December’s trade turnover fell to the 5-6 years earlier level. The volume of goods decreases since 2007. In December, the total trade...

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Sausages rush in November and December, 5 thousand tons sold last year

Accdording to Nielsen market research company; Close to 5 billion HUF, approx. 5 thousand tons of sausages were sold in November and December last year. Thus, 19 percent of the...

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GKI’s short-term index is on its last October level

The sharp increase of GKI’s short-term index continued in December, after a halt in November. The index is increasing since May, except November. The consumer confidence index -after a strong...

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Hungarian farmers can suffer the worst among EU farmers

According to EU's statistical office, the Eurostat; in the 27 Member States of the European Union a 12.2 percent reduction had been occured in the per capita income in the...

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Cocoa and coffee deficit may come

On Friday, the future quote of cocoa decreased by more than 5 percent in New York, losing its whole exchange-rate gains of December. The price of cocoa is still in...

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BRIC: the new global pole

Eight years have passed since the Goldman Sachs (GS), first used the term BRIC. The BRIC is the joint of Brazil, Russia, India and China in order to play a...

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Mainly the fall in domestic demand caused the decline in GDP

Calculated on constant prices the domestic household consumption expenditure in the first nine months declined by 8 percent, that strongly affected the drop in gross domestic product (7.1 percent) in...

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Panorama of the city market premises

Budapest downtown’s business premises market was afraid of the highest proportions vacancy of the last 9 year, a half year ago. According to the survey of Ecorys Magyarország; the crisis...

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In December, 30 percent of the annual quantity of fish consumed

Approximately 22-24 thousand tons will be this year's Hungarian fish production, which can be slightly higher, than last year’s– said Orosz Sándor executive chairman of the Hungarian Fish Producers Association...

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New urban mega-trends: digital bohemians and performance-oriented city dwellers

The Hamburg-based TrendBüro Social Trend Research Institute examined the latest urban lifestyle mega-trends on behalf of Nespresso, known best for its premium coffes. The life of a unique arrangement, the...

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Hungarian companies remain strong during the crisis

The Hungarian companies survived relatively positively the financial crisis – stated the Washington-based World Bank. "It seems that the Hungarian firms are the least affected by the financial crisis" –...

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Confident Germans, pessimistic French

The business confidence index in Germany increased better than expected, while in France decreased, despite an increase was expected. The Munich based Ifo Economic Research institute’s business confidence index increased...

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Beside the Hungarians, the Croatians also purchase consciously

According to the GfK Hungária Market Research Institute; In Hungary, the Christmas shopping season weakenes from year to year, households rather select the lower-priced own brands and products. According to...

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Váci street is fifteen times cheaper than New York

According to the recent market analysis of CB Richard Ellis (CBRE) on the retail sector; The rents have fallen an average of one percent globally in the second quarter, compared...

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Hungarian managers are more optimistic

The Hungarian business leaders are more optimistic in December, about the country’s and their own economic prospects, than in September. Thus, only 40 percent of them think that the next...

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Cocoa and sugar prices are increasing further

The white sugar’s price was on its historical peak, cocoa price was on its 30 years of record level on Wednesday afternoon, which is mainly due to the weakening dollar....

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We are not getting closer to the EU average since 2006

According to Eurostat; the per capita GDP in Hungary, was 64 percent of the EU average. Thus, since two years ago, the Hungarian convergence virtually stopped, because it was also...

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Christmas gifts – online

In spite of the economic crisis, there is no indication, that the turnover of the domestic webstores would decrease – stressed Kis Gergely, the executive director of GKIeNET. He says...

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Real earnings fell by 2.1 percent in one year

According to Central Statistical Office; At the companies with 5 empoyees and at financial institutions, the gross average earnings increased by 0.9 percent, net average earnings by 1.8 percent in...

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Depo.hu’s holiday Toplist comparing 150 thousand products is ready

According to Depo.hu’s price comparision Christmas toplist; this year's hit products are the LCD TVs,GPS devices and netbooks, while the demand suppressed for last year’s hit products the game consoles....

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Increase in global demand for pigs

It seems, the swine flu hysteria did not hurt the industry. The global economy will be more vigorous in 2010, so more pork meat will be sold next year –...

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The future of wine marketing is still a question

The owners of the Hungarian Wine Marketing Non-profit Ltd. (MBM) sit down to negotiate in bad mood today. The company that is in charge for Community Wine Marketing did not...

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Euro zone’s service sector increases

Services sector and manufacturing increased in the euro zone, in early December. According to the first estimations of Markit research company; the purchasing manager index increased to 53.7 points, wich...

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Next year, the shops should take back packaging waste from customers

From January, the rules of environmental protection product fee payment will change again. The drink manufacturers are not satisfied with the system changings from year to year. The most important...

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Household products and cosmetics sales are over 300 billion

According to Nielsen market research company; the household product and cosmetics retail sales grew by 3 percent in value, between November 2008 and October 2009, compared to the previous comparable...

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KSH: decreasing agricultural producer prices, declining industrial production

Agricultural producer prices fell in October. The low prices of farmers, inter alia, are due to the EU fundings. The industry is still in bad shape, but at least it...

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GKI: the threat of global collapse averted, but we are not throught the crisis

In the majority of the world economy, the recession technically ended in the third quarter, in Hungary it is only expected in the last quarter. The recovery can be earlier-than-expected,...

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Meat producers are in trouble

Despite the year end family feasts meat consumption decreases by one-tenth this year, and meat prices did not increased due to the VAT increase in the middle of the year....

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We draw the wine bottle during Christmas

Hungarians drink one fifth more during Christmas. Before Christmas the Hungarian wine and champagne market booms. An average 20 percent of more wine sold by the shops, compared to an...

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