Market News
Gift packages in widening price range
Date: 2008-11-16 08:00:00
The season of gifts will soon be here. Brand manufacturers have been working on Christmas offers for a while. As Anikó Radosiczky, senior brand manager of Sarantis Hungary says: “No...
Read more
Market of sweets, especially chocolate expanding
Date: 2008-11-16 08:00:00
Double digit growth took place in the market of chocolate, both in terms of value and quantity in the October 2007-September 2008 period, compared to the preceding year. Sweet biscuit,...
Read more
The wine market: household consumption down for the first time in 2007 after many years
Date: 2008-11-16 08:00:00
Rising average prices, less frequent and smaller purchases were the main trends in the Hungarian market of wine in 2007, according to data from GfK Hungária ConsumerScan. Cheap wine is...
Read more
Food export down
Date: 2008-11-16 08:00:00
In the January-July 2008 period, export was up by 10 percent while import expanded by 11 percent, compared to the same period in 2007. According to KSH data, the balance...
Read more
Mio: up-dated and integrated
Date: 2008-11-16 08:00:00
Free updates for the MioMap 2008 and Mio More Desktop software have been made available by Mio for its users. Owners of Mio Moov 200, 300, and 330 can now...
Read more
Another difficult year for the food industry
Date: 2008-11-16 08:00:00
According to Attila Boródi, chairman of the National Association of Food Processing Enterprises (ÉFOSZ), 2007 was a very difficult year for the food industry and 2008 looks even more difficult....
Read more
New types of flour for maintaining health
Date: 2008-11-16 08:00:00
Per capita grain consumption in Hungary has been stable in recent years, with minor fluctuations, at 87-90 kg/year. there is still a lot of surplus production capacity in this market....
Read more
Growing market share for bitter and palinka
Date: 2008-11-16 08:00:00
Retail sales of spirits increased by 8 percent in the August 2007- July 2008 period, compared to the preceding year, reaching HUF 72 billion. Sales in terms of quantity increased...
Read more
Grain prices down
Date: 2008-11-16 08:00:00
Agricultural supply prices were up by 2,7 percent in August 2008, compared to August 2007. The average price of plant products was down by 4,6 percent, while that of livestock...
Read more
The value of reputation
Date: 2008-11-16 08:00:00
According to a survey conducted by Weber Shandwick with Figyelő and Szonda Ipsos, reputation is estimated by Hungarian CEO-s to account for 50 percent of market value. This is less...
Read more
“Minus zero” instead of “plus zero” for the meat sector
Date: 2008-11-16 08:00:00
The number of meat processing enterprises has dropped from more then 500 to 350 within a few years, while concentration has continued in the sector. – Major changes have taken...
Read more
Croissants and French rolls still most popular bakery products
Date: 2008-11-16 08:00:00
Nine out of ten people like croissants and French rolls and eight out of ten also like white bread, according to a survey of eating habits conducted by GfK Hungária...
Read more
Bar code? RFID? Or both?
Date: 2008-11-16 08:00:00
Bar code has been used for such a long time that we do not even realise how ingenious this technology is. However, a challenger has appeared in the shape of...
Read more
Romanians still shopping enthusiastically
Date: 2008-11-16 08:00:00
According to an Eurostat estimate, retail sales in the EU 27 countries totalled 1,1 percent less in July 2008, than a year before. Retail sales produced the fastest growth in...
Read more
New EXPO under construction in Budapest
Date: 2008-11-16 08:00:00
The most modern and prestigious exhibition centre in Europe is under construction in Budapest. Apart from its futuristic architecture and state of the art technology, the EXPO area in the...
Read more
Red meat and game more popular among men than women
Date: 2008-11-16 08:00:00
According to a survey by Gfk Hungária about culinary habits, poultry is the most popular form of meat among Hungarians, with pork in second place. Health conscious consumers prefer fish....
Read more
Boost in price and sales of pasta
Date: 2008-11-16 08:00:00
Retail sales of pasta total neerly HUF 27 billion per year. Sales were up by 21 percent in terms of value in the October 2007 – September 2008 period, compared...
Read more
Difficult period for FMCG logistics in Hungary
Date: 2008-11-16 08:00:00
According to János Mondovics, member of the board of the Hungarian Association of Logistics (MLBKT), the current recession is having an amplified effect on providers of logistic services. – This...
Read more
Small stores and big chains in Italy
Date: 2008-11-16 08:00:00
Italy is one of the big European markets with 59 million consumers, there is only one Italian retailer (in 27th place) among the top 30 European retail enterprises. 77 percent...
Read more
Prices jump up in Latvia
Date: 2008-11-13 00:00:00
In the 27 member states of EU according to the harmonized data the annual inflation was 4.2% in September 2008 compared to September 2007. The lowest annual rates were observed...
Read more
Solid grow at the consumer prices
Date: 2008-11-13 00:00:00
In October 2008 consumer prices increased by 0.2% compared to the previous month and rose by 5.1% compared to October 2007. In the first ten months of 2008 the average...
Read more
Bent cucumbers can be sold by retailers from next July
Date: 2008-11-13 00:00:00
End to minimum shapes and sizes for 26 fruits and vegetables, such as aubergines and apricots, cherries, garlic, leeks, peas, spinach and watermelons. But 10 standards will remain. Misshapen fruit...
Read more
Retailers Association Expects Flat Sales Next Year in Germany
Date: 2008-11-11 00:00:00
HDE, the German retailers’ association, has announced that it expects sales at stagnate in 2009, but said it expects them to be good during the upcoming Christmas season. The Wirtschaftswoche...
Read more
The financial balance improves, but the GDP stagnates in 2009
Date: 2008-11-10 00:00:00
The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that in the radically changed global economic environment the Hungarian economy takes a completely new path...
Read more
The trade balance deteriorated
Date: 2008-11-10 00:00:00
In September 2008, according to first estimates of Central Statistic Office, exports amounted to HUF 1,612 billion (EUR 6,724 million), while the value of imports reached HUF 1,576 billion (EUR...
Read more
European Consumers Spill the Beans on Food Labelling
Date: 2008-11-06 00:00:00
The study questions 17,300 people in France, Germany, Hungary, Poland, Sweden and the UK, both in supermarkets and at home, and finds on average 18% of Europeans (27% in UK,...
Read more
Research – month to months more privat label products in the leaflets
Date: 2008-11-06 00:00:00
According to GfK Hungaria the leaflets are since many years very popular. The research company observs the leaflets of the retail sector since 2003, the biggest adviser are in...
Read more
China Detains Suspect in Melamine Eggs Case
Date: 2008-11-06 00:00:00
The owner of a Chinese feed factory suspected of adding melamine to its product which turned up in tainted eggs has been detained. Chinese eggs came under the spotlight after...
Read more
Expansions in Bosnia
Date: 2008-11-06 00:00:00
According to reports in the Bosnian press, the local unit of Mercator plans to capture a 5% market share in the country by 2010. Citing Director, Mensud Lagumdzija, the retailer...
Read more
