Market News
We are still not closer to the EU average after seven years
Date: 2010-06-22 00:05:12
According to preliminary datas of the European Union's statistical office in Hungary last year, the per capita GDP was the 63 percentn of the EU average. his also means that...
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The qualification requirements were abolished in several commercial professions
Date: 2010-06-22 00:04:25
One of the last step of the Bajnai government was the abolition of qualification requirements, at a part of the commercial professions. According to the trade unions; these steps downgrade...
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The Agrobank and the Compensation Fund can help the flooded farmers
Date: 2010-06-22 00:04:11
The agriculture sector could be the biggest loser of this year’s flooding – said Font Sándor the chairman of the agriculture committee of the National Assembly in Duna TV’s morning...
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European origin protection for the Gyulai and Csabai sausages
Date: 2010-06-22 00:03:44
The European Commission declared Gyulai and Csabai sausages as protected products – announced on Monday in Brussels. Both products were listed under 2-2 names (Csabai sausage and Csabai thick sausage,...
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Széchenyi Card: the 50 million HUF ceiling to come
Date: 2010-06-22 00:03:01
The government, because of the success of the Széchenyi Card program would once again raise the ceiling of the available credit to 50 million HUF. In the last one and...
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Hungary’s petfood export is fourth in the EU
Date: 2010-06-22 00:01:25
Hungary’s petfood export is fourth in the EU Member States and the seventh larger in the world. According to the datas of the Hungarian Petfood Union; 75 billion HUF worth...
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Europe worries about unemployment
Date: 2010-06-22 00:00:21
The labor market situation is still the most pressing issue for the European nations. In the survey of GfK Association, the population of 8 out of the 11 countries, worry...
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China loses ten billions of USD on objectionable products
Date: 2010-06-22 00:00:05
The Chinese exporters because of “technical obstacles”, and complaints suffered a loss of a total 57 billion USD last year – states the survey of China's Quality Control High Authority....
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GKI’s prosperity index rose further in June
Date: 2010-06-21 00:04:02
The more than a year-long rise of the value increase of GKI’s prosperity index (seasonally adjusted) continued. After the nadir of April 2009 GKI’s consumer confidence index also Started a...
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The majority of the webstores had a good turnover last year
Date: 2010-06-21 00:03:55
According to the survey of WebShop-Experts Ltd.; a reduce occured in the turnover at the 18 percent of the surveyed webstores, compared to the previous year. So the turnovers in...
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Watermelon season delays
Date: 2010-06-21 00:02:11
Compared to the previous year, watermelon season will slip by three weeks, beginning on the 10th of July this year – said the president of the Hungarian Watermelon Association. Simonka...
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Holland laboratory tested the Hungarian tomato and strawberry
Date: 2010-06-21 00:00:52
Holland laboratory found the remains of banned chemicals in tomatoes and strawberries bought in Hungarian shops. The Agricultural Office did not found such chemicals in those products. The Levegő Munkacsoport...
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Food labels – the lobby won again
Date: 2010-06-18 00:04:02
The European Parliament voted for the mandatory nutrition labeling on foods, marketed within the community, but rejected the”traffic light” type of sign system requested by the NGOs. On the basis...
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E-commerce is the future
Date: 2010-06-18 00:03:59
The next market research issue, the Online Gold Rush of Jones Lang LaSalle Retail 2020 has been published. The interactive Retail 2020 site predicts the next 10 years of the...
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Coupons in catering
Date: 2010-06-17 08:00:00
For a long time, Hungarian bar and restaurant owners could not imagine how coupon usage could be adapted to the attitude of the average Hungarian restaurant goer. In the age...
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Grill products have become less hypermarket-centred
Date: 2010-06-17 08:00:00
Despite the 3-percent decrease in grill sausage value sales by hypermarkets, 59 percent of sales was still realised in this retail channel. Volume sales plummeted by 17 percent and value...
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Invisible investigators
Date: 2010-06-17 08:00:00
Krisztina Szabad, the managing director of Archicom introduced their ‘Webeye’ system to the readers of Trade magazine: – A vehicle tracking device is part of the system. It is a...
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Level of unemployment still growing
Date: 2010-06-17 08:00:00
In the first quarter of 2010, KSH measured an 11.8-percent unemployment rate (2.1 percentage points higher than twelve months earlier), with 3,719,000 people being employed and 498,000 unemployed in the...
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We are less fervent grillers than we used to be
Date: 2010-06-17 08:00:00
The current economic situation does not favour the organisation of open-air grill parties and this inevitably affected grill product sales. Zoltán Szántó, PICK Szeged Zrt.’s product manager says: – Because...
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For trusted products trusted methods are required
Date: 2010-06-17 08:00:00
In the case of most products sold in stores, both seller and buyer know what happened to base materials until the product reached the table of the consumer. International standards...
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A strong Forint helped meat import
Date: 2010-06-17 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 in the first quarter beef prices continued to...
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We buy grill products several times a year
Date: 2010-06-17 08:00:00
In 2009, 5 percent of Hungarian households bought some kind of grill sausage and 7 percent put grill spices in their baskets – reveals GfK Hungária’s ConsumerScan. On average, we...
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Export and the industry are already expanding
Date: 2010-06-17 08:00:00
According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, industrial and foreign trade data indicated a moderate economic growth in early 2010. In several sectors – building and...
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Spice mixes are a better choice for brand building
Date: 2010-06-17 08:00:00
Many product groups capitalised on the fact that consumers are economising by not eating out. More cooking done at home should affect spice sales positively, but data by Nielsen indicate...
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Slower upturn expected in the eurozone
Date: 2010-06-17 08:00:00
While in Ireland, Spain and Greece recession will not end in 2010, Canada, Australia and New Zealand got the A1 rating again, while the US earned an A2. In these...
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Small packaging units sell better
Date: 2010-06-17 08:00:00
Spice retail sales grew by 10 percent in February 2009-January 2010, compared with the previous twelve months. The annual market surpassed HUF 12 billion and Nielsen registered minus 2 percent...
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Already the new generation collects selectively
Date: 2010-06-17 08:00:00
In the past two years, the proportion of 18-29-year old adults actively participating in selective waste collection grew from 35 to 50 percent – reports a survey by ÖKO-Pannon Nonprofit...
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Flower sale all around the year
Date: 2010-06-17 08:00:00
These days not only specialised shops, but also general retail units sell garden products. We do not have precise data on Hungarian garden plant and hobby gardening sales, but it...
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Condiment brands are looking for new communication elements
Date: 2010-06-17 08:00:00
On the stagnating condiment market the volume share of private labels has reached 38 percent, hypermarket strengthened its position among retail channels and the 301-500 g packaging size increased its...
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Donation in the value of several million Forints to flood victims
Date: 2010-06-17 08:00:00
Many FMCG companies offered donations to help the victims of extreme weather in northern Hungary. Tesco donated truckloads of water, milk, tea, antiseptics, blankets and baby food. Borsodi Brewery gave...
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