Market News
Cooperatives keeping pace with modern commerce
Date: 2008-09-05 08:00:00
At present, fifty production and sales cooperatives are active in Hungary. Merchandise is supplied by their members (primarily fruits and vegetables) and delivered without the participation of intermediaries.Mórakert – this...
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New statutes for the association of canned maize manufacturers
Date: 2008-09-05 08:00:00
A new statutes was accepted by the Association of European Canned Maize Manufacturers at its general assembly held in Budapest on 18. June. The mandate of the chairman has been...
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Cleanliness is not enough
Date: 2008-09-05 08:00:00
Products related to washing are the largest category among chemical products. The assortment of such products has become confusingly wide for consumers… According to Ágnes Benke, from EVM Zrt, the...
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Water melon cheap and early
Date: 2008-09-05 08:00:00
Trends in the world market of meat and poultry are monitored by Agricultural Business Research Institute (AKI). Data from the price and market information system of KSH and AKI can...
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Packaging in three steps – part 3: illustrating flavour
Date: 2008-09-05 08:00:00
Many types of illustrations exist in many styles and with many different purposes. Illustrating flavour is a relatively new development. This modern method is barely 50 years old. Even at...
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Strengthening organised wine trade
Date: 2008-09-05 08:00:00
An increasing quantity of wine is sold in the major retail chains. In the June 2007- May 2008 period, sales were up by 3 per cent in terms of quantity...
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Brands are strong among washing powders
Date: 2008-09-05 08:00:00
According to data from the ConsumerScan of GfK Hungária, the quantity of washing powder sold in the first third of 2008 shows stagnation, compared to the same period in 2007,...
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Deficit lower than planned
Date: 2008-09-05 08:00:00
According to a forecast by GKI Gazdaságkutató Zrt and Erste Bank, both the internal and external balance of payments are expected to show significant improvement this year. Real incomes are...
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New generation advertising messages on TV2
Date: 2008-09-05 08:00:00
The recently established TV2 Brand Care group and the spot types developed by them were the topics of a roundtable discussion held in June. In recent years, TV2 has been...
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Yearly HUF 33 billions as pocket money in our childrens' hands
Date: 2008-09-05 00:00:00
According to Szonda Ipsos research, the 8-14 years old Hungarian children chip on not only the clothes and grocery shopping, but also by choosing family's new television, mobilephone, PC or...
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After blokades come the ad for Apple
Date: 2008-09-05 00:00:00
The Hungarian Agrar Marketing Center (AMC) call for HUF 41.6 millio value PR and advertising ad. The aim is to popular the apple consumption. The goal is to quintuple the...
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European parliament calls for ban on cloned farm animals
Date: 2008-09-05 00:00:00
The European parliament urged the EU's executive branch to ban the cloning of animals for the food trade, citing reduced genetic diversity among other concerns. Several expert groups, including the...
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Colombia to Increase Coffee Production
Date: 2008-09-05 00:00:00
Colombia plans to increase coffee production to 17 million 60-KG sacks by 2014, the government said. The effort will carry an initial cost of $724.5 million, Agriculture Minister Andres Felipe...
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Hungarians go shopping on the weekend
Date: 2008-09-04 00:00:00
In value 10% of the weekly total sales at the hypermarkets and Cash&Carry units happens on Sunday, the share is 7% at the discount stores. According to GfK Hungaria research...
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Industry decries too complex labelling proposal
Date: 2008-09-04 00:00:00
The proposed regulation on food labelling is too complicated, makes unrealistic demands on font size, and will be burdensome for SMEs, a hearing has heard. The hearing, organised by rapporteur...
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The trade balance showed a surplus
Date: 2008-09-04 00:00:00
In June 2008, the volume of foreign trade grew moderately both in exports and imports; exports were up by 2.4, imports by 5 percent as compared to the same month...
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Apple demonstration is over
Date: 2008-09-04 00:00:00
On the three sites meeting come an agreement about the suppliers' price: Agrana pays 0.09 euro pro one kilo industry apple to the Hungarian growers. According to Gyula Budai, director...
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Sainsbury to push own-brand goods
Date: 2008-09-03 00:00:00
The UK consumer buys a higher proportion of own label than pretty much anywhere in the world.Sainsbury-sponsored research found that 62 per cent of shoppers said they were more likely...
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Stores accused of unhealthy food promotions
Date: 2008-09-03 00:00:00
The British National Consumer Council (NCC) went into the eight major chains and found that more than half of promotions were for unhealthy foods. The NCC visited eight stores in...
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Decline of investments
Date: 2008-09-02 00:00:00
In the second quarter of 2008 the volume of investments in the national economy – on the basis of preliminary data – decreased by 2.1% compared to the same period...
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Manufacture of refined petroleum products calls the shots
Date: 2008-09-02 00:00:00
Domestic sales prices of industry rose by 1.2% in July 2008 compared to the previous month and were 13.3% higher than in July 2007. Export sales prices of industry, measured...
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Mixed Retail Sales Across the Balticum
Date: 2008-09-02 00:00:00
Retail sales rose in Lithuania for the January to July period, but were down in Latvia and Estonia, according to latest figures from the official agencies in each country. In...
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Slight German retail sales
Date: 2008-09-02 00:00:00
German retail sales including vehicles and turnover at gas stations rose by 0.6 percent on the month in July in real terms, preliminary Bundesbank figures showed. However, this followed a...
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Slovaks struggle to get to grips with euro prices
Date: 2008-09-02 00:00:00
Shops are supposed to be listing prices in both units, getting people used to the euro before formal conversion on January 1, 2009 but many are not, according to the...
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US inflation on 17 years top
Date: 2008-09-02 00:00:00
Consumer spending was down 0.4%, the largest decline since June 2004. Inflation-adjusted spending has fallen for the last two months, the first time this has happened since September 2005. Personal...
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Internal and external equilibrium improve
Date: 2008-09-01 00:00:00
The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that the Hungarian economy gets out of the growth hole in the second half of the...
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Organic sales at 10-year low in UK
Date: 2008-09-01 00:00:00
English experts are warning that consumers are more confused than ever about whether it is worth paying the higher prices, especially while they are trying to reign in their spending....
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Retail area grow, the stores stand behinde chains
Date: 2008-08-29 00:00:00
According to Nielsen research to market share of hyper- and supermarkets and discounts increased in H1. Hypermarkets has 30%, supermarkets 11%, discounts 19% from whole retail sales. The biggest growth...
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2,000 entrepreneurs claimed Szechenyi Card2
Date: 2008-08-29 00:00:00
The new card construction started on 2 June, since that time point more than HUF 7 billion credit was placed. Széchenyi Card2 can be claimed by handing in the necessary...
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