Market News
Growth in terms of both value and volume
Date: 2010-05-20 08:00:00
The Nielsen Retail Index revealed that mineral water’s market position strengthened in retail: in April 2009-March 2010 value sales improved by 3 percent and neared HUF 47 billion, while Nielsen...
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Members of the food chain are more disciplined year by year
Date: 2010-05-20 08:00:00
In Hungary people’s trust in food products has never been shaken. Not even six years ago, during the paprika scandal. Nevertheless, the bird flue did some harm to chicken farmers....
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Inflation in Hungary is the highest
Date: 2010-05-20 08:00:00
In February 2010, in the EU-27 consumer prices were 1.4 percent higher on average, compared to prices in February 2009. The biggest increase was measured in Hungary (5.6 percent) and...
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This year’s mineral water season may bring elevated prices
Date: 2010-05-20 08:00:00
Last year mineral water sales were the only one to increase among high-volume non-alcoholic thirst quenchers: the category improved by nearly 5 percent, in a large part due to a...
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Consumer trust
Date: 2010-05-20 08:00:00
Food safety is important for every second Hungarian in deciding where to do their shopping, informs a Nielsen survey. Six out of ten Hungarians think the products they buy in...
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Industry in the EU shows signs of recovery
Date: 2010-05-20 08:00:00
Eurostat’s report indicates that in the last quarter of 2009 the economy of the eurozone was stagnating. However, the annual decline of 2.2 percent was bigger than expected. In January...
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Whitening toothpaste is stable in popularity
Date: 2010-05-20 08:00:00
Toothpaste volume and value retail sales grew only in hypermarkets and in the 201-400 m²-channel in March 2009-February 2010 – the Nielsen Retail Index informs us. Hypermarkets’ value share reached...
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Rapid alerts
Date: 2010-05-20 08:00:00
RASFF (Rapid Alert System for Food and Feed) operates in the member states of the EU. Through this system member states report to the European Commission if human health hazards...
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Variations on eco-bottle
Date: 2010-05-20 08:00:00
Andrew Kim, an 18-year old designer unveiled a new concept, which uses squared Coca-Cola bottles that can be folded when empty – they become up to two-thirds smaller than when...
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The teeth situation
Date: 2010-05-20 08:00:00
Hungarian people’s oral hygiene is still below par. Márton Pál, brand builder with Unilever Magyarország Kft. shared some data with us: toothbrush usage is 1/person/year, toothpaste consumption is 3 tubes...
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Heartening domestic retail data
Date: 2010-05-20 08:00:00
According to KSH’s report, after a 0.6-percent growth in January, retail turnover in Hungary stagnated in February, but the annual downturn diminished from 5.6 to 4.3 percent. In terms of...
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Cheese in chocolate-type multi-block form
Date: 2010-05-20 08:00:00
Chunka Cheese’s experts had two things in mind when they created a cheese block design that is similar to a chocolate bloc or bar: convenience and simplicity. Smaller sections of...
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Functionality gets a leg up
Date: 2010-05-20 08:00:00
The economic recession hit the foot care category hard, buyers were forced to make decisions by looking at the prices only, which resulted in a fallback amongst premium brands. Renáta...
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The first quarter of the European food retailing was successful
Date: 2010-05-20 00:01:40
The recovery from the crisis continued in the food retailing of the developed European countries: store turnover increased by 4, percent in value and 1 percent in volume, compared to...
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The foreign suppliers are cautious with the Hungarian firms
Date: 2010-05-20 00:01:35
According to the Atradius Credit insurance; the rate of late and non payments is the hihest ever in Western Europe in early 2010, so businesses increasingly turned to claim managers....
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One shopping center for nineteen thousand Pécs inhabitants
Date: 2010-05-20 00:01:00
Among the five big cities of Hungary (Debrecen, Győr, Miskolc, Pécs and Szeged), the highest number of shopping centers are in Pécs, the least in Debrecen, Miskolc, and (yet) in...
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Goats and sheeps may escape from the electronic chip
Date: 2010-05-20 00:00:30
The European Parliament (EP), adopted the Hungarian amendment that the individual electronic identification (chip) should not be a mandatory in the cases of goats and sheeps under the age of...
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Consumer confidence is on its ten-month nadir in China
Date: 2010-05-20 00:00:20
In April consumer sentiment decreases for the second month, which can be associated with the government measures taken against economic overheating. China's consumer confidence index decreased by 1.3 points to...
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Several billion storm damages hit the agricultural sector
Date: 2010-05-19 00:01:45
The weekend rain caused several billion HUF damage to the country's agriculture. According to the Hungarian Chamber of Agriculture, more than 150 thousand hectares are under water. After the near...
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Butter has been getting more expensive for weeks now
Date: 2010-05-19 00:01:11
The price of butter increases for weeks now at the international markets, in some places the price rises were about 30 percent. The global demand for butter increases at the...
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Suppliers versus Multis: differencies between law and practice
Date: 2010-05-18 00:01:45
The food processors are preaparing for group complaint against the chains. According to the informations of Népszabadság; the National Federation of the Food Processors (Éfosz) requested datas from its members...
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Shopping malls: Do not close the shops on Sunday!
Date: 2010-05-18 00:01:30
The limitation of the opening hours on Sunday is not timely in the current situation – assessed the Hungarian Association of Shopping Centers (MBSZ) on its Friday meeting. The association...
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Hungarian households are on diet
Date: 2010-05-18 00:01:12
Public dieting continued in the first quarter of the year. People increasingly pay back their foreign currency loans, so their housing and other consumption purposes indebtedness have reduced. In the...
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The healthy lifestyle is getting more important at the workplaces
Date: 2010-05-18 00:01:00
According to the research of Nestlé; the graduate students and college students expect healthier lifestyle from their workplaces. The questionnaire responses suggests that, compared to 2009, the number of those...
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Salami from old grey beef
Date: 2010-05-18 00:00:50
The Körös-Maros National Park came up with an own product. Salami will be manufactured from Hungarian grey beef, of course, from only the aging part of the stock. The salami...
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Industrial production increased by nearly 3 percent
Date: 2010-05-17 00:05:59
According to the Central Statistical Office; Industrial production increased by 2.8 percent in March 2010, compared to the same period of last year. Production volume in the first three months...
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Survey over the domestic beer consumption habits
Date: 2010-05-17 00:05:55
The KutatóCentrum surveyed 1028 beer beer consumers over their consumption habits and over the consumer attitudes connected to beer. Twenty-six percent of the online survey respondents consume beer several times...
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We have no chance without effective trade developments in the foreign markets
Date: 2010-05-17 00:05:08
A significantly better trade promotion is required for the Hungarian enterprises to keep pace with the competitors of the foreign markets – said Parragh László. The President of the Hungarian...
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The disappearance of small tenants may be risk to the malls
Date: 2010-05-17 00:05:02
Tatár Tibor, CEO of Futureal Development Zrt. expects a market boom first in the industry market, then in the housing market. He is expecting cautious expansion from the big malls...
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Retail sales increasing for the seventh month in the United States
Date: 2010-05-17 00:00:40
The U.S. retail sales increased more than expected, due to the vehicle purchases. After the upward-revised 2.1 percent March data, the growth rate in April was 0.4 percent. This value...
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