Market News
Stagnant retail sales in the eurozone
Date: 2010-05-06 00:01:10
Eurozone’s retail turnover in March was below the 0.2 percent growth expectations, but remained unchanged, which indicates the low consumer demand. The largest expansion in retail sales was in Denmark...
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Negative record of the beer market
Date: 2010-05-05 00:00:50
The beer market declined by 8 percent last year, we consumed only 6.5 million hectoliters of beer, which is a negative record. In addition, the manufacturers expect a further decline...
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A significant trade surplus in January and February
Date: 2010-05-05 00:00:40
In January-February of 2010, the foreign trade product turnover increased by 17 in exports and 13 percent in imports, over the same period of the last year – reports the...
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School fruit program with EU support
Date: 2010-05-05 00:00:30
The school fruit program will ontinue in the next school year. In the program, introduced for the first time in this school year, primary school students can get free domestic,...
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Declining consumer willingness in Europe's largest economy
Date: 2010-05-05 00:00:20
The German retail sales decreased during March, contrary to expectations. It's almost certain that the German economy will shrink in the first quarter. The revised sales datas for February, increased...
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Nearly 50 thousand bottles of depraved energy drinks found in Körmend
Date: 2010-05-05 00:00:10
21 tons of expired energy drinks were found by the local police in a warehouse, near Körmend. Extremely large quantities about 47-48 thousand bottles were found in the warehouse. The...
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Ipsos: Four tenths of the firms were radically reformed due to the crisis
Date: 2010-05-04 00:01:33
According to the decision makers of the leading companies; much more change happened in the past and half year, during the crisis, than in the entire 90's – sais the...
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The technology brands are the most valuable
Date: 2010-05-04 00:01:00
Millward Brown Optimor published the latest BrandZ Top100 list. According to the researchers; the 100 most valuable brands worth a total of 2 trillion dollars. Google, is still the most...
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Agricultural investments have stopped
Date: 2010-05-04 00:00:40
The investing willingness of the agricultural enterprises almost completely stopped in the past year, due to the crisis – reports tozsdeforum.hu. In the second half of last year, the agricultural...
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Pig farmers are waiting for supports
Date: 2010-05-04 00:00:21
Sákán Antal, chairman of the Association of Hungarian Pig Breeders expecting intervention fund, a guaranteed price and more support from the government. According to the chairman of the Association of...
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We buy more cheese and mineral water
Date: 2010-05-03 00:01:50
According to Nielsen market research company; between April 2009 and March 2010, food retail sales declined by 1 percent in value and 3 percent in volume. In value, retail sales...
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GKI: The export and the industry are growing
Date: 2010-05-03 00:01:38
The joint forecast of the GKI Economic Research Co. and Erste Bank expect stagnation from the Hungarian economy in 2010. This year's economic processes will be determined by development in...
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There was no less contaminated food ten years ago
Date: 2010-05-03 00:00:50
Over the past weeks, several super-and hypermarkets traded food was found to contain harmful substances, which can cause sepsis, meningitis, or cancer. According to experts; there was no less contaminated...
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The U.S. economy caused disappointment, but there is still hope
Date: 2010-05-03 00:00:40
The U.S. economy increased by only 3.2 percent in in the first quarter, while the Commerce Department's report is encouraging. Encouraging sign that consumption increased by 3.6 percent, more than...
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There will be no VAT increase in Romania
Date: 2010-05-03 00:00:10
The Romanian Minister of Finance denied the rumors, that the Romanian authorities will increase the VAT, by 19 percent. However they are investigating the possibility of extending the tax base....
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Consumption in the CEE region: the Hungarians pulled on their belts
Date: 2010-04-30 00:01:33
RegioPlan Consulting experienced moderately increased consumption expenditure, in some countries, and stagnation or slight decline in others in the ten tested eastern and southern European countries in 2009. Although both...
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The Hungarian economy increased minimally in April
Date: 2010-04-30 00:01:20
The common indicator of Világgazdaság and Ecostat, the acceleration index (GYIA) increased by 0.08 percent in April compared to the previous month. This data is worse than previous month’s datas....
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Consumer groups: GVH strenghtens its actions
Date: 2010-04-30 00:01:00
According to the statement of GVH; the Competition Authority (GVH) will make stronger actions against businesses, that are organizing consumer groups. The Economic Competition Authority banned two firms – the...
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Good and bad news from Tokaj
Date: 2010-04-30 00:00:30
Costco, one of the largest U.S. supermarket chain will distribute Tokaji Aszú wines for ten years. Costco contracted with Tokaj Trading Co. to pay an annual 2.5 million USD for...
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Positive list of the Four Paws
Date: 2010-04-30 00:00:20
The Austrian animal rights organization the Four Paws took the Hungarian poultry producers who have undertaken not to apply technologies related to animal torture onto the positive list. The organization...
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The winning three: quality, price and choice
Date: 2010-04-29 00:01:33
According to the “Shopping Monitor 2009/2010” study of GfK Hungária Market Research Company; The most important criterias in the choosing of shops are: quality of freshness and price. The types...
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Yogurt was the star of last year
Date: 2010-04-29 00:01:10
According to the retail datas of the MEMRB Market Research Bureau; Yoghurt products were able to achieve outstanding growth last year. From 2008 to 2009 the FMCG market grew nearly...
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Unemployment close to 12 percent
Date: 2010-04-29 00:01:05
According to the Central Statistical Office; in the first quarter, unemployment continued to increase. The number of unemployed persons was 498 thousand, which means a 11.8 percent unemployment rate. In...
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The Slovakian Parliament authorizes the Tokaj name
Date: 2010-04-29 00:00:40
In the Slovakian part of the Tokaj wine region, the Tokaj name can be used again, from the 1st of June – decided the parliament in Pozsony on Tuesday. Last...
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At least the agriculture and food industry are looking for workers
Date: 2010-04-28 00:01:20
According to the datas of the Workania.hu job portal; in 2009, the number of those who were looking for jobs increased by 4.5 percent, while 28 percent less jobs were...
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U.S. consumers are very confident
Date: 2010-04-28 00:00:47
Consumer confidence in the U.S shows a spectacular improvement: in April, the Conference Board's confidence index rose up to 57.9 points from the 52.3 points of March. The market expects...
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Red wine against stroke
Date: 2010-04-28 00:00:20
Red wine consumption in the case of stroke reduces the rate of brain damage – at least this is the conclusion reached by the researchers of the U.S. Johns Hopkins...
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Customer confidence needs to be strenthened (X)
Date: 2010-04-28 00:00:00
Originality-and quality check of food products is necessary. )Since the 2006 scandal, illegal trading with vehicle components has become more common instead of abuses with highly protected vehicle documents. The...
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Teflon paint
Date: 2010-04-27 08:00:00
There is a negative sentiment on the Hungarian paint market. One way out of the crisis is innovation – said Antal Szabó, managing director of Poli-Farbe Vegyipari Kft. when introducing...
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‘Fair share’ is the most effective
Date: 2010-04-27 08:00:00
Many FMCG manufacturing companies carry out in-store surveys themselves, but these prove to be less efficient than they expect. My experience is that many decision-makers need complex systems that fit...
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