Market News

Supermarkets against the plastic bag in Britain

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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