Market News
Scotch Whiskey export on its ten-year peak
Date: 2010-11-05 19:47:25
Scotch Whiskey export broke its ten-year peak, largely due to the sales increase in the emerging countries. According to the datas of the Scottish Association of Whisky Manufacturers; between January...
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660 billion ‘’turnover’’ in the black market of food
Date: 2010-11-05 17:48:23
If the government would repel the black market to one third, significantly more tax could income than the revenues from the crisis tax – states the National Trade Association (OKSZ)....
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Improving industrial production
Date: 2010-11-05 17:10:32
In September, industrial production increased by 0.5 percent compared to the previous month, the annual improvement was 10.9 percent – the Central Statistical Office reported. The sector remains the driving...
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More harvested Aszú than it was expected
Date: 2010-11-05 12:46:32
The Tokaj Trading House bought threefold of the expected quantity, thanks to favorable Autumn weather. According to Kiss István, CEO of the Tokaj Trading House; this year’s vine harvest is...
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In September euro zone’s retail weakened further
Date: 2010-11-05 11:03:49
The euro zone retail sales despite an expected slight growth, began to decline in September, which shows the vulnerability of household demand. According to the datas of Eurostat; retail sales...
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Russian ban on frozen chicken
Date: 2010-11-05 11:01:17
From the 1st of January 2011, Russia will introduce a comprehensive ban on producing and marketing of frozen poultry meat – announced Gennady Onyiscsenko leader of the consumer protection supervision...
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Magazine: Retailers are fighting for those with a low income
Date: 2010-11-04 23:33:28
Dollar (Dollar General, Family Dollar and Dollar Tree) stores’ popularity is growing and recently Wal-Mart and brand manufacturers also started focusing on shoppers with a low income. Previously Wal-Mart refused...
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What you can eat today… about healthy lifestyle programs
Date: 2010-11-04 22:31:21
In the autumn several market research companies published data and results from the domain of healthy eating. Nielsen revealed that Hungarians find healthy food products too expensive. Ipsos found that...
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Milk Marketing Board: Auchan and Tesco sold milk under the milk purchase price
Date: 2010-11-04 19:59:25
The Milk Marketing Board turned to the Central Agricultural Office, because they suspect, that Auchan and Tesco sell milk under the milk purchase price, while it is well known that...
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Domino is preparing to open one thousand pizza stores in Germany
Date: 2010-11-04 14:45:50
The U.S. pizza chain, Domino is preparing to open one thousand pizza stores in Germany in the forthcoming years. The first Domino pizza shop will be opened in Berlin this...
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We are attached to Hungarian companies, and the favourite brand is Pöttyös Túró Rudi
Date: 2010-11-04 13:08:18
The repuation of a company is largely defined by the emotional proximity customers experience. The two traditionally Hungarian companies we feel close to are MOL and Richter – recent survey...
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Pick, Gyulai, Herendi – The best Hungarian brands
Date: 2010-11-03 16:18:46
In many countries of the world the Superbrands awards are handed over each year, to recognise the finest brands. This year, the national jury paid attention to the Hungarian products,...
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The pig breeders on the edge of bankruptcy
Date: 2010-11-03 16:17:52
The pig industry faces a bad year, so the state should intervene – said Sákán Antal president of the Association of Pig Breeders. Without interference from state, pig stocks can...
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OECD expects a slow recovery
Date: 2010-11-03 16:10:57
OECD expects a 1.5 to 2.0 percent increase for the economy of the euro area in 2011 and a 1.75 to 2.25 percent for the United States. In its June...
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The Szegedi paprika received EU protection
Date: 2010-11-03 16:07:02
The European Commission, put the Szegedi paprika on the”protected area of origin of products” (appellations d'origine protégées, AOP) list – was announced in Brussels on Wednesday. The “szegedi fűszerpaprika-őrlemény” was...
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Two hundred thousand people visited the Corvin during a week
Date: 2010-11-03 16:06:13
Thanks to the customer services, as well as the family-friendly operating philosophy of the Corvin Shopping Center, more than two hundred thousand people visited the new complex in the last...
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Increasing industrial orders in the U.S.A.
Date: 2010-11-03 14:22:07
The new industrial orders in the United States, increased by 2.1 percent by 8.8 billion dollars, to 421 billion USD in September. Expectations were about a more modest, 1,3 percent...
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Aufwind Schmack to start test operation of biogas plant in April
Date: 2010-11-03 09:12:30
The Hungarian-based unit of Germany's Aufwind Neue Energien plans to start test operation of a HUF 3.9 billion biogas plant it is building in Szarvas in April, Aufwind Schmack announced....
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What you can eat today…
Date: 2010-11-02 18:40:41
In the autumn several market research companies published data and results from the domain of healthy eating. Nielsen revealed that Hungarians find healthy food products too expensive. Ipsos found that...
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On four wheels for Hungarian food production
Date: 2010-11-02 18:35:32
Coop Rally was organised for the fifth time, and the 84 cars travelled around the central and northern part of Transdanubia from 16 until 18 September, to tell people about...
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Agricultural prices soared during the summer
Date: 2010-11-02 18:31:55
The production price level of agricultural products augmented by 12.8 percent in July 2010, compared with July 2009. Vegetable products became 20.5 percent more expensive, while livestock and products of...
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Drugstores’ market position became more stable
Date: 2010-11-02 18:29:11
The annual market of household chemicals and cosmetics exceeds the value of HUF 300 billion. According to Nielsen, these products’ retail sales did not change this January-August, compared with the...
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Decrease in the prices of food products
Date: 2010-11-02 18:24:42
In August KSH reported a monthly consumer price decrease of 0.6 percent. Compared with August 2009, prices rose by 3.7 percent. In the first eight months prices were 5.2 percent...
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We still consciously pick the place of our shopping
Date: 2010-11-02 18:23:25
According to a study titled ‘Retail analyses 2010, the first six months’, made by GfK Hungária, in the first quarter of 2010 a positive trend characterised households’ spending on food...
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Ipsos launched a validated online research system
Date: 2010-11-02 18:21:44
Ipsos Zrt. launched a new online research service, called Validated Online Opinions (VOV in Hungarian). VOV is a research panel recruited from the users of networking website iWiW, which has...
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Fewer tourists visited Lake Balaton than expected
Date: 2010-11-02 18:19:39
According to data from KSH, in January-July 2010 the signs of economic recovery were not significantly palpable in the tourism sector: fewer domestic guests were registered at commercial accommodation sites....
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We visit shopping centres less frequently
Date: 2010-11-02 18:18:12
GfK Hungária’s latest (July 2010) survey on shopping centres reveals that the number of those going to shopping malls one or more times per week slightly fell, and the proportion...
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‘It is ending precisely now…’ (Part 6)
Date: 2010-11-02 18:16:45
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. Let us summarise what...
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Shops are buzzing in France
Date: 2010-11-02 18:15:20
According to a quick estimate by Eurostat, in July 2010 retail sales improved by 1 percent in the EU-27 and by 1.1 percent in the eurozone, compared with the same...
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By 2020 an expansion of supermarkets and discount stores is expected
Date: 2010-11-02 18:14:09
GfK Hungária recently examined short-, mid-, and long-term retail trends. Based on the results they prepared several scenarios for 2011-2020. Hypermarkets’ market share is expected to remain 23 percent in...
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