Market News

Charles Fishman: The Wal-Mart Effect

It was not easy for me to review a book about Wal-Mart, as though I am quite familiar with European retail, I don’t know much about the American retail business....

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To dissolve and to protect

The increase in the number of households which use a dish washer is an important factor in the growth of the detergent market. Demand for dish washing liquids is also...

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Different lands, different trends in swine

Global trends in the market of meat and poultry are monitored by the Agricultural Business Research Institute (AKI). Data from the Market and Price Information System of AKI and KSH...

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Igitur ad astra… it all began with the white Astras!

How should we choose? We calculate costs. Fringe benefit or tool? It all began with the white Astras and continued with APEH inspections. Financing is also different nowadays. Leasing or...

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Chicken in the grey zone

Though the price of Hungarian poultry is rising, the sector is in danger. Prices might rise by as much as 30-40 per cent in the next two years, which might...

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Dish washing liquids for sensitive skin increasingly popular

According to data from the ConsumerScan of Gfk Hungária, an average Hungarian household consumes 4.4 litres of dish washing liquid per year. Sales dropped in terms of quantity last year....

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Consumer expectations deteriorating

Consumer expectations showed detectable deterioration in March, while business expectations were also somewhat more pessimistic than before, according to a survey by GKI: Within the competitive sphere, expectations of the...

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Considerations in choosing a fleet of passenger cars

It takes a lot of careful thinking to choose the best vehicles for use as company cars. Essential conditions need to be given priority and those which are desirable, but...

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Turkey days in Debrecen

The Debrecen Turkey day are to be held for the sixth time on 6-7. June. Competitions for professional and amateur cooks, waiters, and confectioners will be included in the program....

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More sun lotions sold in warmer climate

Demand for sun lotions is growing as a result of climate change. According to data from the Key Account Index of Nielsen, retail sales have expanded by 12 per cent...

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Prices of agricultural products up by a third

The prices of agricultural products were up by 33.9 per cent on average in February 2008, compared to February 2007. The prices of plant products were up by 46.9, while...

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When customers ask for time

This is the sixth occasion that we discuss the role of specific categories in specific retail units. This time, we’ll take a look at convenience products, which generally account for...

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New section established by agencies

Trough the Line (TTL) is the name of the new section established within the Hungarian Advertising Association by László Vekkel (HPS Group), Zsolt Urbán (HD Group) and Tamás Tóth (Special...

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Spending on safe sunbathing

Choosing the right sun lotion is extremely important and people are willing to pay more for sunbathing in safety than before. Unlike other cosmetic categories, the sales of more expensive...

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Food industry lagging behind

Industrial production rose by 9.8 per cent in the February 2007 – February 2008 period. Industrial export was up by 15.5 per cent in February 2008, compared to the previous...

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Modelling: reduces risk, boosts chances of success

How many customers am I going to lose by raising my price? How will a reduction in my competitor’s price effect my sales? Which promotional tool generates the biggest sales?...

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Largest Marché opening in Austria

Marché Schwechat was opened at the end of April, on the Vienna external ring. Construction work has taken 14 months and cost EUR 3,5 billion. This facility is the largest...

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What’s inside Hungarian warehouses?

We can easily find warehouses of European standard in Hungary at present, especially if we want it to be bear Budapest. – According to estimates, over a hundred thousand square...

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Still in recession

Retail sales were down by 2.5 per cent in February 2008, compared to February 2007. According to the latest KSH report, retail sales were down by 0.2 per cent in...

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Packaging in three stages – part 1: colour

Our sense of colours is a prehistoric heritage, related to our deepest reproductive drives. The use of colours is so ancient and universal, that even flowers know everything about it…...

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STI group to expand its international organisation

A Turkish partner and a new Polish production facility have been added to the STI group. Dasa and Milas Ambalaj based in Istanbul is a manufacturer of premium category packaging...

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Tough challenges for designers

The main driving force behind innovation in the market of commercial vehicles is EU environmental policy. As a result of increasingly strict EU emission standards, environmental considerations are the current...

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Less grain for export

Exports were up by 19 per cent in January 2008, while imports were 15 per cent higher than a year earlier. Total exports amounted to HUF 1,529 million in the...

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POP materials popular among customers

Emotions are playing an increasing role in influencing in-store activities. According to a presenter at the EuroShop exhibition held in Düsseldorf, providing joy and an exciting experience for customers is...

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Functional Food and Drink Market before explosion

Figures from Euromonitor show that sales of functional foods and drinks are expected to continue their strong growth over the next three years. Specialist said the increase will be more...

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Jungle fight for SMEs

According to Coface Hungary and Uzlettars Business Magazin research, even the most dynamically developing SMEs suffer from the effects of the budget adjustment and the American subprime crisis.  The two...

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Consumers in Europe demand more self-service

The pressure is mounting on organizations to finally develop a multichannel strategy that leverages self-service at the point-of-service, online and mobile channels.   The 2008 NCR Self-Service Consumer survey, conducted...

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Ascendant sactioning possibilities for Hungarian Customer Protection Authority

Probably in June the Hungarian Parliament votes about the new, more rigid Consumer Protection Law.   According to plans the penalties will be more higher (minimus HUF 30,000 – maximum...

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Orange and Peach are the most popular fruit juice

According to Nielsen research company between Febuary 2007 and January 2008 the fruit juice market in Hungary grow by 1% in volume and 9% in value.  The whole market is...

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Hungarians Drink the Traditional and Cheap Beer Brands

The beer consumption is since years stabil 82 liter/person/year. Last year the non-alcoholic beer segment grow by 16%.  Altough the raw material, producing costs and the tax increased faster as...

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