Market News
The Hungarian economy has been increased in May
Date: 2009-05-29 00:32:28
According to the common indicator of Világgazdaság and Ecostat – called the speed-up guide (GYIA) – after the decline of April, the economy increased by 0.33 percent in May. It...
Read more
No need to re-authorize the cash registers
Date: 2009-05-29 00:20:11
The shops do not need to re-authorize the cash registers because of the increase in VAT and excise tax. A simple parameter modification is enough – stated the fiscal business-leader...
Read more
Dry weather is bad for agriculture
Date: 2009-05-29 00:10:31
Despite the rain falls of the recent days, 200 millimeters are still missing from the usual amount of precipitation. The dry weather can cause more than 100 billion HUF losses...
Read more
Consumer confidence in the United States is improving
Date: 2009-05-28 00:34:00
The confidence indicator of Conference Board's the leading market research group increased to 54.9 points in May after April’s 40.8 points. The prior expectation was only 42.3 points. By the...
Read more
Save and invest rather than taking up loans
Date: 2009-05-28 00:25:00
The economic crisis did not change the financial habits of people, however changed the usage of financial products – states the study of GfK Hungária market Researc Institute. The financial...
Read more
Bank guarantee program to help food processors
Date: 2009-05-28 00:21:00
The Food Industry Bank Guarantee Program of Hungarian Development Bank (MFB) provides a total of 37.5 billion HUF working capital loan for helping out the businesses. With the 90 percent...
Read more
One of the big loser of the crisis is the meat industry
Date: 2009-05-28 00:12:00
According to the datas of Optem Company Information Service by mid-May, winding-up proceedings has been started against 73 animal husbandry, meat trading or meat-processing companies, so meat industry is the...
Read more
Decreasing prices at Slovakian retailers
Date: 2009-05-28 00:03:00
After the chains in Slovakia are already advertised products that are cheaper than in Hungary, the Slovak retailers also began to decrease its prices. In the first quarter of 2009...
Read more
Good news from France: In April private consumption has been increased
Date: 2009-05-28 00:01:00
Contrary to the analyst expectations the French private consumption increased by 0.7 percent in April. The consumption growth surprised analysts who previously predicted 0.3 percent decline. The growth in April...
Read more
Prices are not the weapons used in the fight for consumers in the grill market
Date: 2009-05-27 08:00:00
Apart from the general decline in consumption and the colder summer, the expanding selection of marinades and grill brines pose a further threat to the market of grill products. On...
Read more
Less money in our pockets
Date: 2009-05-27 08:00:00
Gross average income was down by 1.5 percent in the first two months of 2009, compared to the same period in 2008. Real income was down by 4.3 percent. Average...
Read more
Market expanding in terms of both value and quantity
Date: 2009-05-27 08:00:00
Annual sales of spices, red paprika and flavourings exceeded HUF 18 billion in the April 2008-March 2009 period. Growth was 11 percent in terms of value and 2 percent in...
Read more
Baltic retailers in trouble
Date: 2009-05-27 08:00:00
According to an estimate by Eurostat, retail sales were down by 3.4 percent in the EU-27 countries in February compared to February 2008. Only Poland and Belgium produced growth, while...
Read more
Green spices bringing diversity into Hungarian cuisine
Date: 2009-05-27 08:00:00
Diversity in the use of spices is growing but this does not mean the end of red paprika. In fact it is still producing growth in spite of a substantial...
Read more
Waiting for the grilling season
Date: 2009-05-27 08:00:00
International trends in the poultry and garden product markets are monitored by AKI. According to analysts working for USDA, turkey production and consumption is expected to drop in 2009. In...
Read more
(HU) Több fűszerkeveréket vásárolnak
Date: 2009-05-27 08:00:00
Sorry, this entry is only available in HU....
Read more
Drop in conjuncture index stopping in April
Date: 2009-05-27 08:00:00
Following a nine month continuous drop, the value of the GKI conjuncture index finally stabilised in April. According to a survey by GKI Gazdaságkutató Zrt. conducted with the support of...
Read more
Concentration decreasing in sales of ice tea
Date: 2009-05-27 08:00:00
Retail sales of ice tea were up by 3 percent in the April 2008-March 2009 period, exceeding HUF 14 billion, while sales in terms of quantity were down by 4...
Read more
Proportion of people following a healthy diet stable
Date: 2009-05-27 08:00:00
According to the latest survey conducted by GfK Hungária about eating habits, practically all foods are consumed less frequently. Traditional dishes and flavours continue to remain dominant. The proportion of...
Read more
Stores can do a lot to boost sales of ice tea
Date: 2009-05-27 08:00:00
Experts are looking forward to this year’s ice tea season with cautious optimism in spite of the recession. The market of ice tea is still dominated by traditional lemon and...
Read more
Hungarian origin increasingly important
Date: 2009-05-27 08:00:00
The freshness and good quality of products continue to remain the primary considerations for consumers, while price remains the second most important. According to the GfK Hungária Shopping Monitor and...
Read more
Lemon ice tea becoming even more popular
Date: 2009-05-27 08:00:00
According to the GfK Hungária ConsumerScan, growth of the ice tea market continued both in terms of quantity and value in the first quarter of 2009. The market was still...
Read more
Fewer guests in the beginning of the year
Date: 2009-05-27 08:00:00
The number of foreign guests served by commercial accommodation providers was down by 19 percent in January-March, compared to the same period in 2008, while the same number for domestic...
Read more
Annual sales approaching HUF 40 billion
Date: 2009-05-27 08:00:00
Retail sales of household paper products were up by 8 percent in terms of value in the March 2008-February 2009 period, compared to the previous year. Retail sales totalled more...
Read more
Price rise in the food industry
Date: 2009-05-27 08:00:00
Domestic industrial prices were down by 0.7 percent in February 2009, compared to January and up by 4.6 percent, compared to March 2008. Industrial export prices were up by 12.2...
Read more
Innovation apart from price might also be a guarantee of the future
Date: 2009-05-27 08:00:00
Paper tissue has been the most dynamically growing segment in the domestic market of household paper products in recent years. Dry tissue is used for removing wet and greasy stains...
Read more
Food retail still dropping
Date: 2009-05-27 08:00:00
Retail sales were down by 3.2 percent in February 2009, compared to the same month in 2008 and by 0.5 percent, compared to January. Retail sales totalled HUF 958 billion...
Read more
Who is going to have the biggest slice?
Date: 2009-05-27 08:00:00
Postal service providers are going to fight hard for control of the under 50 gram segment from 2013. We want to take advantage of our exceptionally wide range of services...
Read more
Shower gel improving it position in the top 5
Date: 2009-05-27 08:00:00
Retail sales of shower gel were up by 5 percent in terms of value in the March 2008-February 2009 period, compared to the preceding year, with sales exceeding HUF 14...
Read more
Food prices dropping except for seasonal ones
Date: 2009-05-27 08:00:00
Food prices were up by 0.4 percent in April, compared to March. Seasonal prices like potato, fresh vegetables and fruits rose. The same happened to sausages, chocolate and poultry. The...
Read more
