Market News

The future of the mushroom industry can be positive

Hungarian mushroom  production can increase by up to 30-40 percent, after the previously experienced downturn stopped. If the mushroom industry can compete with its competitors it will have a great...

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E-invoicing could be resulted in 40 billion euros savings per year

According to the previously stated intention of the European Commission, they want to achieve a 20 percent electronic bill penetration in the EU, until 2020. The expectation is not impossible,...

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Coffee, sugar, cocoa: Five-ten-fold price increase may come?

According to the latest forecasts, by 2014 the coffee, sugar and cocoa prices will increase to their five-ten-fold. In the key production areas, production is decreasing, because it is more...

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The .hu is not necessarily a Hungarian webstore

The Hungarian organization of the European Consumer Centre (ECC) advises to the consumers to be informed of the businesses operating the webstore, before purchasing anything. The communication of the European...

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The white wines of Eger are promoted under the brand name Egri Csillag

To promote the white wines of Eger that received little attention, local winemakers created the Egri Csillag wine brand. The name was chosen from more than three thousand proposed names,...

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The market of retail household chemicals expanded

Hungary's retail household chemicals and cosmetics market was worth roughly HUF 300 billion HUF in the twelve months to February, level with the previous twelve-month period, market research company Nielsen...

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New cafeteria: the Széchenyi Rest Card soon to be arrive

The government decided on the 30th of March on issuing the Széchenyi Rest Cards, that the employers can give to the employees in a value of 300 thousand HUF, contribution...

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One-third less malls were handed over last year

According to the study of Cushman & Wakefield; last year, such a decline occurred in the developments of the shopping center, that has not observed since 1983. 5.2 million square...

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Government submission has not prepared in connection with the hamburger tax yet

The Secretary of State of the National Ministry of Resources, responsible for Health issues confutes Thursday morning’s press informations over the ready submission in connection with the hamburger tax. The...

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Ample supply and last year's prices are expected of Easter ham

Although Easter is a month away, the manufacturers have already started to deliver smoked meats to the stores. This year, because of the high competition and due to the decline...

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Bread to increase with an average 8 HUF in April

Bakeries will increase the price of bread by an average of 8 HUF in early April, because of the price increase of flour – told Varga László, Chairman of the...

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New fringe benefit: ham-money

(HU) ...

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Pigkeepers may protest again

In case no real substantive measures are taken linked to the demands of protesters in order to improve the situation of pigfarmers, then those affected by the current deplorable situation...

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The customers are interested in the price / value ratio primarily

Surveys have shown that Hungarian customers are clearly looking for domestic products, but experience of the retail chains shows that the minimum price difference favors the foreign products. Those who...

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They were expanding relentlessly last year too

How many more large floor space stores can the Hungarian market provide for? I have been asked this question several times recently by the heads of FMCG companies. My answer...

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GfK: decrease in consumer confidence and in willingness to purchase

The Complex Consumer Confidence Index, the Consumer Expectations Index and the Willingness to Purchase Index have also declined in March 2011 – contains the Wednesday Communication of GfK Hungária. Nearly...

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Free-Sunday would not be mandatory twelve times per year

Until the end of April or until early May, the government will develop its final vision over the free Sundays. On the basis of the negotiations it seems that the...

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The committee does not to discuss over the six-month ban of mall construction

The Sustainable Development Committee of the National Assembly did not support to take the bill into subject line, which had been assigned a six-month moratorium on permiting the building of...

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EU: There are no agreements to regulate cloned meat

The Council and the European Parliament did not agree over the regulation of foods derived from cloned animals. The Council and the European Parliament failed to agree until the prescribed...

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VHT is still against the protest of pigfarmers

The Livestock and Meat Association and Productcouncil (VHT) does not wish to bring trade political questions to the street, so they are not going to take part in the protest...

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The price increases of flour and bread have not ended yet

(HU) The price increases of flour and bread have not ended yet...

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What is an ideal shopping mall like?

The joint background conversations of Futureal, Jones Lang LaSalle and GfK Custom Research were about the general market trends, the most important macroeconomic statistics and the constantly changing needs towards...

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UK food retailers are looking for cheap Eastern European labor forces

English chains are recruiting foreign workers. Tesco is looking for new employees in Slovakia and in Poland, for example. In Hungary the recruitement of cooks became also popular. A few...

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Tender money to support the regional wine houses

The Magyar Borok Háza Alapítvány(MBHA) (Foundation of Hungarian Wines) wrote out a 2.5 million HUF application to support the operation of the regional wine houses and, wine shops. The competition...

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Chocolate bar buyers pay attention to quality

Economic recession left its mark on the market of chocolate bars too, but to a lesser extent than in the countline chocolate or praline categories. “One of the main reasons...

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Despite the 4 percent inflation we can find products that are getting cheaper

In the first two months, prices were higher with an average of 4.0 percent, compared to the same period of last year – shows the analysis of the Central Statistical...

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Mangalica Pig may become a Hungarikum

The aim of the breeders is that the high-quality Mangalica Pig, that has a centuries of tradition to be included among the Hungarikums – said Tóth Péter, President of the...

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Brussels provides 46 million euros to the Hungarian dairy producers

The regulation over the special dairy support has been published. The regulation entered into force on the 28th of  March. As the treatment of the specific disadvantages for of dairy...

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France would put the global food market on new basics

France aims to repel speculation in food prices. While the European Commission not even mentioned speculation in its late January report as the reason of of food price fluctuations, France...

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China: sophisticated demand, dramatic supply

More than 1,000 businessmen from 420 companies, government officials and economists participated in the first Nielsen China Forum in Shanghai. Mitch Barns, the president of Nielsen’s China affiliate told at...

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