Market News
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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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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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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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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Hungarians eat less chocolate az the European average
Date: 2008-11-20 00:00:00
According to the national association of chocolate producers Hungarians eat yearly 4 kilogram chocolate, most of the at the Christmas season. The European average is 7 kg. Every Hungarian family...
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Spending power decreasing
Date: 2008-11-20 00:00:00
Hungary slides down by three places on GfK European spendig rank list and is now on the 28th place. On the top of the list stands Lichtenstein, the citizens of...
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Huge price increase for eggs
Date: 2008-11-18 00:00:00
According to the Poultry Product Chamber the consumer price for eggs could reach HUF 40 in the Christmas season. Last weeks the suppliers price grow by HUF 2 to HUF...
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Industrial gross out put increasing stoped
Date: 2008-11-17 00:00:00
According to the Central Statistic Office in September 2008, the industrial gross output decreased by 0.7% compared to September 2007,the index adjusted by working days declined by 5.3%. The volume...
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Employees in the retail sector aren't comitted enough to their workplace
Date: 2008-11-17 00:00:00
Only half of the employees is able and want too, to make better achievement to help their workplaces succes – said an research in business daily Vilaggazdasag. The most comitted...
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Crisis on the Hungarian milk market
Date: 2008-11-17 00:00:00
The biggest problem the low suppliers price and the retail price in the shops. Last year the supplier's price was HUF 100, nowadays it is about HUF 75. Friday...
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