Market News

The 401-2,500 m² channel strengthened

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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