Market News
Hungarians buy electronic equipments for Christmas
Date: 2008-12-04 00:00:00
According to LG non-exclusive research customers know what they want to buy, wich brand and dont save money and time to find the best present. LG Electronics Hungary made a...
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Angry retailers
Date: 2008-12-03 00:00:00
According to the Hungarian Trade Association, the Agricultural Ministry wants to make retailers pay dear because of the lack of competitive strength of domestic agriculture production. Last week the ministry...
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Price of industry jumped
Date: 2008-12-03 00:00:00
According to Hungarian Central Statistic Office the domestic sales prices of industry rose by 1.2% in October 2008 compared to the previous month and were 13.2% higher than in October...
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Investments in manufacturing were down
Date: 2008-12-03 00:00:00
In the third quarter of 2008 the volume of investments in the national economy– on the basis of preliminary data – decreased by 2.3% compared to the same period of...
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Latin America Grows in Popularity as Trade Partner
Date: 2008-12-03 00:00:00
According to a 2008 survey by the Economist Intelligence Unit, undertaken on behalf of Atradius, the leading global credit insurer, the countries of Latin America continue to be attractive markets...
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More expensive foods – less consumption in Europe
Date: 2008-12-03 00:00:00
According to a research by Nielsen in 21 European countries, in 11 countries people buy less food as before. In the 3. quater such countries came on the list as...
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Supermarkets against the plastic bag in Britain
Date: 2008-12-02 00:00:00
Britain's biggest supermarkets say they are on course to reduce by half their use of plastic bags by Easter. Tesco, Asda, Sainsbury's and Waitrose are making progress in cutting the...
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Retail Sales Expected To Grow Over Christmas Despite October Drop
Date: 2008-12-02 00:00:00
The German retail association, HDE, has said it expects Christmas sales to grow by 1% year-on-year, despite news that sales fell in October due to lower consumer spending. Citing a...
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Hungarian eat less Christmas sweets
Date: 2008-12-02 00:00:00
According to GfK survey last year the market of Chirstmas chocolates and candless decreased, also the number of consumer and the bought volume pro person was less. Hungarians bought 10%...
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10. Buy Nothing Day in Budapest
Date: 2008-12-01 00:00:00
Some two dozen environmental activists marched down Budapest's pedestrian Vaci Street, pushing shopping carts to mark the annually held Buy Nothing Day on Friday. Each year there are more goods...
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Money for e-commerce developing from the government
Date: 2008-12-01 00:00:00
Only Hungarian SMEs and micro entrepreneurs can take part in the tender, also commerce chambels and interest group organs are welcome. There are several tenders in progress in Hungary that...
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Hungary second on tops list of CEE shoplifters
Date: 2008-12-01 00:00:00
A new study conducted by the British Centre for Retail Research revealed that Czechs top the list of Central and Eastern Europe’s biggest shoplifters. Published Nov. 12, the 80-page report...
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European Food-chain Parliament
Date: 2008-12-01 00:00:00
Members come from all segment of food sector from farmers to processors, retailers, quality controllers, consumer protection organisations etc. The Central Agriculture Office Food and Feed Safety Directorate (CAOFFSD) organized...
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Expectations hit historical bottom again
Date: 2008-12-01 00:00:00
After the historical bottom recorded in October the value of GKI’s economic sentiment index adjusted for seasonal effects fell further in November. According to the survey conducted by GKI Economic...
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Shopfront competition in Hungary
Date: 2008-12-01 00:00:00
The Hungarian Trade Association is looking for the most innovative and beutiful Christmas shop-window, tenders can be sent until 21 December. The assocition wants to call attention to values of...
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Germans save on luxury goods
Date: 2008-11-28 00:00:00
Germans have changed their consumption trends, because of the financial crisis they buy less organic foods, sweets and alcohol. Only every tenth households said it save on the quality of...
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Hungarian GDP almost stagnats
Date: 2008-11-28 00:00:00
In the first three quarters – according to a flash estimate – the gross domestic product increased by 1.5%. In Q3 – in line with the effects of global market...
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Survey about Hungarians marketing knowledge
Date: 2008-11-27 00:00:00
Marketing weaves trough our life, influences our decessions but we don't know exactly what it realy means – concludes common research of GfK Hungary and Hungarian Marketing Association. Most people...
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HUF 1 billion for Chocolate Santas
Date: 2008-11-27 00:00:00
80% of the sold hollow chocolates between November-January is Santa Claus, 8% are Chirstmas decoration from chocolate. Last year 840 tons of christmas sweet were sold, in value HUF 2.2...
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Land based support starts to pay in December
Date: 2008-11-27 00:00:00
In two weeks more than 37,000 applications must be recontrol. More hunderds of agricultural specialist solved the problems in two weeks. According to the ministry of Agriculture huge number of...
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The consumption is dominated by life style
Date: 2008-11-27 00:00:00
Research company GfK Hungary and TÁRKI made a new model about the type of consumers. 8 new cathegory were standed. The study researched the consumption attitude of 3049 Hungarian between...
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The meat processing sector is reckoning with crisis
Date: 2008-11-26 00:00:00
The processors are groaning procurement purchase prices increasing since his year middle, till according to the producers the forage, energy cast and the salary is too expensive, ratio of the...
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Hungarians purchase less
Date: 2008-11-26 00:00:00
According to calendar adjusted data, the volume of retail sales decreased by 1.6% in September, and by 2.0% in the first nine months of 2008 compared to the same period...
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Disillusioning research about Hungarian agriculture
Date: 2008-11-24 00:00:00
According to the survey of Hungarian Agriculture Chamber and the Agribusiness Research Institute the sector loss its competitiveness, the market for Hungarian agriproducts decreased, the innovation is minimum and the...
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Paying moral in Hungary decreased drasticly
Date: 2008-11-24 00:00:00
The time to get money from submitted invoice has increased to 165 days from just 35 days five years ago, the Hungarian unit of French credit insurance company Coface told....
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Because of the crisis people change to cheaper food
Date: 2008-11-21 00:00:00
Most of the Hungarians spare on gas and electricity, some postpone the change of electronical equipments. The Nielsen Global Online Consumer Survey, conducted by Nielsen Consumer Research, was conducted from...
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The effects of the financial crisis appears in number of insolvencíes in Hungary
Date: 2008-11-21 00:00:00
About 26% of insolvency procedures were in the trade sector and 17% were in the construction sector. The number of insolvencies was also disproportionately high in the tourism, real estate...
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Households equipments and playconsols are Christmas favourite gifts
Date: 2008-11-21 00:00:00
According to GfK Hungary researches the sales of articel of foods jump in December, it will be 10-11% of the yearly consumption. The total sales of articel of food was...
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47 new Quality Food from Hungary
Date: 2008-11-21 00:00:00
This year almost 50 products of 16 companies won the right to use the logo of excellency. With the new brands the „Quality Food from Hungary” family has 350 members,...
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Agrarian demonstration on Friday
Date: 2008-11-20 00:00:00
According to business daily Vilaggazdasag, the farmers have a demonstration in front of Tesco Logistic Center in Budapest, but other massive protest is to wait at Auchan and Tesco stores....
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