Market News
More wine, but less beer sold in the first nine months of 2009
Date: 2010-02-14 08:00:00
According to GfK Hungária’s ConsumerScan, in the alcoholic beverages category households bought 6 percent less beer than in the same period of 2008, but as average prices were slightly up...
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Thoughts on C.S.R.
Date: 2010-02-14 08:00:00
CSR is a positive way of thinking as well, one that leads to some kind of self-cleansing. Badly interpreted CSR and promotions hidden behind the mask of CSR will soon...
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The new law’s executive office does not aim at maximising revenues
Date: 2010-02-14 08:00:00
The Act on the prohibition of unfair market conduct by the suppliers of the food product life cycle entered into force on 1 January. On 10 December 2009, PricewaterhouseCoopers and...
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We insist on our espresso
Date: 2010-02-14 08:00:00
When it comes to indulgence, we insist on our cup of coffee the most – revealed an on-line survey recently. NESCAFÉ Dolce Gusto surveyed the users of TeszVesz, an auction...
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Half a kilo of poultry products bought per purchase
Date: 2010-02-14 08:00:00
Poultry products is the second biggest segment on the market of processed meat. GfK Hungária’s Consumer Scan reveals that in October 2008-September 2009 the segment shrank by a mere 2...
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Canned beer keeps conquering
Date: 2010-02-14 08:00:00
Beer retail sales topped HUF 116 billion in December 2008-November 2009. Volume sales fell by 3 percent to 386 million litres – according to the Nielsen Retail Index. The average...
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Increasingly popular
Date: 2010-02-14 08:00:00
In Hungary, olive oil retail sales grew by 3 percent in December 2008-November 2009, nearing HUF 2.5 billion. Volume sales were up by 4 percent; hypermarkets generated 45 percent of...
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Modest growth may start in the summer of 2010
Date: 2010-02-14 08:00:00
According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, after a 6.5-percent economic decline in 2009 stagnation is expected for 2010. The Hungarian economy has probably hit the...
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Trends in high-selling food products
Date: 2010-02-14 08:00:00
Retail turnover of the 90 food categories surveyed by Nielsen was HUF 1,320 billion in December 2008-November 2009, up 2 percent from the same period a year earlier. The following...
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Domestic products’ share shrinking among dairy products
Date: 2010-02-14 08:00:00
Last year milk processing generated a gross production value of HUF 218 billion. Production cost was HUF 75-80/kg – rather competitive, if we consider that in the EU the average...
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With modern packaging against deterioration
Date: 2010-02-14 08:00:00
According to the latest survey by USDA, 40 percent of food sold worldwide lands in the garbage can. 100 million tons of food decomposes every year in European waste disposal...
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Inflation just above the 4-percent threshold in 2009
Date: 2010-02-14 08:00:00
According to KSH, consumer prices in 2009 were 4.2 percent higher on average, compared with the previous year. Household energy prices augmented the most, by 8.2 percent, followed by alcoholic...
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Chewing gums in a hot spot
Date: 2010-02-14 08:00:00
The area around cash desks is the best place for chewing gums. This healthy product is fast-moving and loyalty-building, therefore it is important to make the most popular varieties constantly...
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The own branded products market is a 300 billion market
Date: 2010-02-12 00:02:03
Almost every fourth forints that the costumers spent, went on the purchasing of own branded products last year. This is approx. 300 billion HUF – sets Nielsen market research company,...
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Slowly the spring will come in the Hungarian economy
Date: 2010-02-12 00:01:45
The tempo of the decline in retail turnover can slow down, decrease will stop in industrial production and sales – indicates the publication of Ecostat Economic Research, called Mikroszkóp. According...
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Hungarian paprika in Japan
Date: 2010-02-12 00:01:11
Hungarian peppers are grown in Szolnok’s Japanese twin town: in Yuza. The vicinity of the town became an important pepper-growing area within the country, so there is a chance that...
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Third of the adult population in Hungary celebrates Valentine's Day
Date: 2010-02-12 00:00:02
Some people think that Valentine's Day was invented by the lingerie, chocolate, balloons, and plush teddy bear manufacturers. Valentine's Day is a big business and the supermarket chains are eager...
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The crisis and the bad weather worsened the performance of agriculture last year
Date: 2010-02-11 00:04:58
The agricultural performance declined in 2009 to its one-third – said Gőgös Zoltán, the Secretary of the Ministry of Agriculture and Rural Development, on the event of the Pest County...
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Less credit applications for greater amounts
Date: 2010-02-11 00:04:25
According to the datas of the Hungarian Development Bank; the borrowing mood of the companies decreased, but the value of credit applications increased. The average of the previous loan applications...
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Sustainable growth can cost tens of thousand billions
Date: 2010-02-11 00:04:02
According to the report of the Business Council for Sustainable Development (WBCSD), consist of 29 large companies; The shift to sustainable development generates huge market demand and business opportunities worldwide....
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Swiss chocolate manufacturers closed a bitter year
Date: 2010-02-11 00:03:02
The crisis affected badly the turnover of Swiss chocolate manufacturers: according to the trade association of manufacturers; for the first time in six years, the sales volume and revenue also...
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Men have better salary than women at all age of groups
Date: 2010-02-11 00:01:28
In Hungary, men and those people have the highest salaries, who are facing with retirement. The average income for men in all age of groups is higher, than the salary...
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Improving sentiment in the euro area
Date: 2010-02-11 00:00:38
The business sentiment in the euro area improvemed further in January this year. According to the datas of the German IFO Institute for Economic Research; the comprehensive business sentiment indicator...
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Last year – with a significant surplus – foreign trade turnover declined
Date: 2010-02-10 00:04:01
According to the preliminary datas of the Central Statistical Office; the value of export was 16 729 billion HUF, while the value of import was 15 439 billion HUF last...
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Concentrated beer market
Date: 2010-02-10 00:03:02
According to the analysis of Plato Logic market research company; Due to the company acquisitions, now the four largest brewing group give more than half of the world’s beer producing....
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Now, it is certain: China is the world's largest exporter
Date: 2010-02-10 00:01:25
Due to the 18.4 percent decline in exports of last year, Germany has lost the world's leading exporter title. Currently China is the world's largest exporter – reported the German...
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Beer consumption is good against osteoporosis
Date: 2010-02-10 00:00:02
The Department of Food Science of the University of California has good news for beer lovers. The silicon is key to the increasing of the bone’s density and thus plays...
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Wine Marketing Renewal
Date: 2010-02-09 00:02:28
According to Tornai Tamás, the President of the Hungarian Grape and Wine Association (MSZBSZ); to maintain the annual 3 million hectoliters traffic of the Hungarian wine, a concerted Wine Marketing...
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Hungarian National resources are not enough for EU supports
Date: 2010-02-09 00:01:40
Hungary currently has no country-wide development policy, in addition to EU funds it can not be used as it should – said Parragh László, the President of the Hungarian Trade...
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China: 270 million new credit card in a year
Date: 2010-02-09 00:00:32
According to the Chinese central bank; The Chinese consumers last year, purchased with credit card in a value of more than 24 trillion USD, one-third more than in 2008. The...
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