Market News
The 401-2,500 m² channel strengthened
Date: 2010-09-22 08:00:00
Coffee retail sales decreased by 5 percent in value and by 9 percent in volume in the December 2009-May 2010 period. The six-month coffee market neared HUF 24 billion. However,...
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Shopping trolleys on a short leash
Date: 2010-09-22 08:00:00
In 2009 at least 17 US cities passed decrees to regulate the problem of abandoned shopping trolleys. Retailers and shoppers who break the rules will have to pay serious fines....
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Export plays the main role
Date: 2010-09-22 08:00:00
According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, mainly export-driven economic growth will be around 1 percent this year in Hungary. Industrial production in the first five...
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Coffee brands use prize games to win consumers
Date: 2010-09-22 08:00:00
Although coffee is still one of the most popular products, in the recent period the market contracted significantly. Despite this trend Beatrix Pálvölgyi, Sara Lee Hungary Zrt.’s PR manager is...
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Defied stereotypes
Date: 2010-09-22 08:00:00
The latest research by Ipsos Mendelsohn revealed that rich American moms buy the same things at the same places as less well-off mothers. It also turned out that rich mothers’...
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Greece on top of the inflation list
Date: 2010-09-22 08:00:00
EUROSTAT reported that consumer prices diminished in the eurozone in July, in comparison with June. In the EU-27 consumer prices were 1.9 percent higher in the same period. Prices decreased...
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Coffee is still a popular and specific drink
Date: 2010-09-22 08:00:00
In the first half of 2010, 84 percent of Hungarian households bought coffee. Most of them, 65 percent bought ground roasted coffee; the second most popular was 3in1 and cappuccino...
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The freedom of decision making
Date: 2010-09-22 08:00:00
Shoppers in the 21st century are different: consumers habits have changed, so it is worth rethinking the tools of brand and product communication. How to reach the new type of...
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Disappointing second quarter results in European food retail
Date: 2010-09-22 08:00:00
In the second quarter less food was sold in retail in ten developed European countries (Hungary included), compared to April-June 2009. In terms of value, Nielsen Growthreporter registered negative performance...
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Non-alcoholic and single-flavour pralines strengthened their position
Date: 2010-09-22 08:00:00
In December 2009-May 2010 praline retail sales diminished by 19 percent in volume and by 13 percent in value, in comparison with the same period in 2009. The size of...
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An overview of Hungary’s agricultural foreign trade balance
Date: 2010-09-22 08:00:00
According to data from the latest report by KSH (Central Statistical Office), published on 30 July, Hungary’s agricultural export was EUR 2,143.6 million in the first five months of 2010....
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Food import is shrinking
Date: 2010-09-22 08:00:00
In January-May 2010 the volume of export augmented by 17 percent and import growth was at 15 percent. KSH’s quick report reveals that our export balance surplus was HUF 605...
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It is now that brand building among pralines bears fruit
Date: 2010-09-22 08:00:00
Economic recession hit praline sales rather late, in last October-November. Data by Nielsen indicate that average prices grew significantly and small packaging units strengthened their position, while private labels also...
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We still love sweet wine
Date: 2010-09-22 00:02:55
Each year, an average of 30-32 liters of wine we drink, we love sweet wines more. The premium drinks are mainly purchased as a gift – it was found out...
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GfK: the steps towards Hungarian health economy have failed
Date: 2010-09-22 00:01:59
The researchers of the global trends, increasingly agree, that health economy will be the engine of the post-crisis growth and the new world order. Experiencing the difficulties of the system,...
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This year dynamic growth of world trade is expected
Date: 2010-09-22 00:01:08
The World Trade Organization (WTO) revised upwards its growth forecast of this year's world trade turnover: growth this year will be a 13.5 percent instead of the 10 percent forecasts...
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The Váci street is the 37th most expensive retail space
Date: 2010-09-22 00:01:00
The world's most prominent retail location has not changed over the past 12 months. The latest research of Cushman & Wakefield measured the highest rental growth in South America and...
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Targeted advertising messages from Twitter
Date: 2010-09-22 00:00:15
The Twitter will soon introduce the concept of “promoted” tweet, which is similar to Google’s advertising mechanism. Twitter has currently 160 million users, and about one-fifth of them follow brand-or...
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The majority of Hungarians considers healthy nutrition too expensive
Date: 2010-09-21 00:06:02
The majority of people are always trying to eat healther, but that is not always possible. The majority of Hungarians considers healthy nutrition too expensive. This differs from the international...
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More and more conscious costumers
Date: 2010-09-21 00:04:01
According to the most recent Conscious Consumer Index; the number of real conscious costumers is increasing. The Kirakat.hu and the Ipsos investigated the consumer awareness and consumer attitudes for the...
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Stricter rules on premium products
Date: 2010-09-21 00:03:01
The Rural Development Ministry changes the Hungarian Food regulations into two levels. Beside the existing rules, those who want to sell premium products must also undertake the strictening of the...
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The suppliers may benefit from the proposed legislative amendment
Date: 2010-09-21 00:01:00
According to the informations of Híszerző; Jaross Tamás, Matolcsy’s Ministerial Commissioner has quit. The former leader of Metro was in charge for the booming of the domestic trade. According to...
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Hungary is a poultry grand power
Date: 2010-09-20 00:05:21
Hungary is still a poultry grand power, but the sector has a number of tasks to be solved, if it wishes to develop its good internal market and export positions...
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The vine and wine producers can claim a total of 2.1 billion HUF
Date: 2010-09-20 00:04:21
From this October until next May, 2.1 billion HUF support is available for the purchasing of viticulture and wine-making machinery. The subsidies make up 20-30 percent within the investment. The...
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Gloomy consumer sentiment in the United States
Date: 2010-09-20 00:02:02
The significant decrease of the Michigan index caused a surprise, since analysts expected an increase. The University of Michigan reported a drop in consumer confidence. The sentiment index fell to...
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Two tons of illegal food distrained by the inspectors
Date: 2010-09-20 00:00:05
Illegal, unlicensed Chinese food-processing plant waqs found in Budapest by the Pest County Agricultural Office Food Safety and Animal Health Directorate. The plant operating without a license, about 2 tons...
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Last year, Hungary’s goose-meat production decreased by 8 thousand tonnes
Date: 2010-09-17 00:06:55
The economic crisis also affected the waterfowl-breed. While the quantity of goose-meat in Hungary was 43 thousand tonnes in 2008, last year, it was only 35 thousand tonnes. This is...
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A growing number of empty stores in the city
Date: 2010-09-17 00:05:02
The central part of the Váci street adheres, on the Grand Boulevard the situation is diverse, depends on the current market situation, but the stores of the Andrássy Avenue are...
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Brits on diet: sales of the food stores decreased
Date: 2010-09-17 00:00:01
On an annual basis, the British retail sales volume increased by 0.4 percent in August. The food store sales decreased by 3.5 percent, while the sales of the non-food stores...
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We visit malls fewer
Date: 2010-09-16 00:05:00
According to the research of GfK Hungária; The rate of those who visit malls once a week or more decreased, but the percentage of those who only visit malls once...
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