Market News

Agricultural prices continue to rise

The supply prices of agricultural products was up by 21.6 percent in June 2008, compared to June 2007. The prices of plant product were up by 20.5 percent, while those...

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It’s time to…

Sour cherry, water melon, apple…Which one will be the next time bomb exploding in the gardening sector? An excess of supply exists in other countries as well, but that is...

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Shared fears, gloomy prospects

According to Péter Biczó, director of PricewaterhouseCoopers Kft, the most important conclusion to be drawn from the past 12 months is that uncertainty can be predicted for certain. Banks have...

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Romania: booming hyper markets and brand loyalty

According to Nielsen findings, the primary consideration for the average Romanian consumer in choosing a store is ease of access. Finding everything in a single store ranks only third among...

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List of forbidden practices

In the first days of September, officers of various authorities were probably the only people aware of the tasks and obligations imposed upon retailers and manufacturers by the new rules...

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Change in trend

According to MasterCard, a change has taken place in the trend seen since the introduction of bank cards in 1995, as 2007 was the first year when card holders used...

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Discount strategies in fastidious England

According to a recent Nielsen survey, three out of four English consumers tare trying to economise on their food expenditure, whereas only 45 per cent were doing this a year...

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Competitors catching up

According to a recent study by Atradius Hitelbiztosító, China’s position as the most important target for investment might be threatened by other regions of the world. Though 60 percent of...

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Disappearing illusions?

Though the Second National Development Project has been launched among high expectations, potential applicants seem to be passive or even dissatisfied at present. Only 40,000 out of a total of...

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Swedes also feeling the rising prices

The Lidl chain is attracting an increasing number of customers in Sweden. Nearly a quarter of Swedes visit a Lidl store at least once a month. According to the ShopperTrends...

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„Finding everything in a single store”

When consumers are asked about their most important considerations in choosing a store to visit, most of them put the assortment of good quality fresh products in first place, according...

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Even more bankruptcies in 2008

Although the total amount of liabilities in commerce is substantially higher than credit liabilities in the banking sector totalling HUF 6,500 billion, relatively few companies use the services offered by...

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War in Brussels

There is a trade war going on in Belgium, fought with methods and tricks just as ruthless as those used in real wars. As my luggage has been lost, I...

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Teens like this

According to the Fanta Trend Report compiled by Bence Ságvári, Hungarian teenagers are exactly like their Western counterparts regarding their Internet usage. 94 per cent of 14-17 year old teenagers...

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Global low

According to the latest annual report by Euler Hermes, the number of bankruptcies rose by 5 per cent in 2007 and remained below the level seen in 2005 and before....

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Summer moments

Marseille is not a very beautiful city, but it offers a chance to eat real bouillabaisse. However, bouillabaisse is not very simple to get, because so many different fish are...

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Hot autumn after a hot summer?

It looks like agricultural producers are fed up with other people making all the profit. One by one, demonstrations have been held by producers of different fruits and the season...

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Factoring becoming popular

According to Gaszton Gál, general director of CIB Faktor Pénzügyi Szolgáltató Zrt, a boom occurs in factoring when conventional forms of financing show decline. – How has the factoring business...

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What is business intelligence good for?

Most companies spend days or weeks compiling data for background analysis which is required for business decisions. Results are far from being up to date or accurate, which means that...

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Big increase in yoghurt sales

According to the Retail Index of Nielsen, retail sales of yoghurt were up by 9 per cent in terms of quantity in the June 2007 – July 2008 period, compared...

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E-invoicing useful for everybody

Electronic invoicing had been regarded as a remote possibility by companies for a long time. However, it has become reality. Companies using electronic invoicing will soon find themselves making more...

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Pioneering in-store research: long live shopper marketing! (ECR Europe, part 2.)

For a long time, we have been waiting for a method to measure the effectiveness of POS marketing. We have seen a promising method at the annual ECR Europe conference...

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Money contra health among yoghurts

Health consciousness is the only factor which can counter the sudden urge felt by consumers to economise on food spending. The price of milk started to drop in February, after...

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Daily finances

According to László Göndör, consulting director of Hostlogic Kft, we not only see financial systems, but also ERP systems in use today. These systems allow FMCG companies to process information...

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Quotes – from our correspondent in Berlin

„We have taught consumers to focus on prices” Kees Jacobs, director of Capgemini • „When the taxes on packaging materials are raised by politicians, they seem to forget that packaging...

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Roasted coffee leading, instant 3in1 growing

According to the Nielsen Retail Index, the consumer price of roasted coffee was up by 10 per cent in April-May this year, compared to the same period in 2007, while...

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Industry down

Industrial production was down by 0.3 percent in June, compared to June 2007. According to a report by KSH, total production was up by 5.6 percent in the first half...

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Quick and convenient coffee with or without machines

Coffee machines for home use and pre-portioned capsules have appeared in the assortments of both leading coffee distributors. Consumption habits are slowly changing in the coffee market as well. Manufacturers...

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Inflation highest in Latvia

Inflation averaged 4.3 percent in the 27 EU member states in the June 2007 – June 2008 period. It was lowest in the Netherlands with 2.3 percent and highest in...

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Increasing consumption in the 3in1 segment

According to data from GfK ConsumerScan, the number of consumers in the 3in1 segment has been growing at a double digit rate in recent years. Consumption of ground-roasted coffee was...

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