Market News

Stagnant retail sales in the eurozone

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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)

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

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

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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