Market News

The average increase of prices was 7.0% in the first two months

In February 2008 consumer prices rose by 1.1% compared to the previous month, the food prices rose by 0.8%.   Price increase was measured in case of edible oil (4.2%),...

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Kopint-Tárki lowers 2008 GDP forecast

Economic think-tank Kopint-Tarki has lowered its forecast for Hungary's gross domestic product (GDP) growth in 2008 from 2.5 percent to 2.2 percent. It raised its inflation projection for 2008 from...

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UK retailers add beverages

Two of the largest UK retailers, Tesco and Marks & Spencer are expanding their private label offerings in ales, wines and ciders. Tesco has introduced three ales and four ciders...

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Developing the AsiaCenter for 60 million euros

The expandition starts next year, the 70,000 sqm center building will be ready by 2011, until this time 1,000-1,500 new chineese company will starts working in Hungary.  The Branded Chineese...

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New position at TV2 – Head of producers

The chanel wants to strong the position of its own prudeced programs, so they joined the media's drave-devil Attila Arpa.  The specialist works under control of program director Bence Gyongyossy,...

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Discounters have to develope its offer

Discounters such as Aldi and Lidl are predicted to take one Euro in every two in Germany by 2012, according to a new report from Verdict Research.The study, Retailing in...

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European retail sales rose in February

For the first time in five months gauge of sales growth in the euro region rose to a seasonally adjusted 52.4 from 48.1 in January. That's the fastest growth rate...

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Sales in outside compansated the weak performance of Carrefour in France

Operating profit rose 3.4 percent to 3.29 billion euros from 3.18 billion euros a year ago. Sales rose 6.8 percent to 82.15 billion euros.Rising food prices combined with competitive price...

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600 food stores had to close

According to Nielsen Research there is a slowly at closing the shops, but there are too much small shops in Hungary, another closure is to wait.  Last year 21,430 food...

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Hungarian Superbrands program to start

This year the top B2B brands and the brands with good CSR will be awarded too. The Superbrands Comitee started its work last Friday, a jourey with 14 marketing, media...

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One ton eggs were stoled

The eggs signed with HU 10B081/3 belong to Farmer cooperation in Szomod. The thief probably want to sell it in Hungary, the police nose about it. ...

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Business confidence improved while consumer confidence stagnated

According to to economic think-tank GKI's combined and seasonally adjusted index measured -17.3 percent in February compared to -19.7 in January. Business sentiment improved from -9.7 percent in January to...

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Dannon ads Activia with Jamie Lee Curtis in the US

The new campaign, via Y&R, features actress Jamie Lee Curtis, who talks about digestive woes, and touts Activia as a solution.   Curtis helps the everyday person get comfortable with...

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The possibility of two digits growing makes companies heedles

Companies cite corruption and political influences as a major risk in trading with emerging economies, according to a new report by Atradius Credit Insurance company.  Atradius research 600 companies in...

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The Pet Food is the Most Popular Privat Label Product in Hungary

Accoring to Nielsen Research datas from 2007 costumers give every fifth forints for privat labeled food.  From the whole privat label food products 48% is sold in discounts, the international...

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The surfeit on the workplace is the biggest stress factor

According to GfK LHS HealthCare newest research every 8 people of 10 Hungarians are living in stress, most of them try to relax with sport or walking. Only 3% of...

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Because of the Polish Import the Eggs are Cheap in Hungary

The domestic farmers can't enforce the higher feed prises and the thriving labour cost.Enough eggs and ham wait the customers in the stores at Easter. Food industry warns costumers, better...

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16.5% More Food Sold in Slovakia

The consumer bought more premium products, the sale of biofoods grow.Last year the 10 biggest retail chains had a revenue over SK 100 billion, the food section rose with 16.5%,...

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Consumers like and seeing the digital billboards totally in the US

According to a study from Arbitron US, the digital billboards are getting high marks from consumers. The majority of digital billboard viewers found the new signs to be attractive, and...

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Hungary manufacturing PMI fall 6 percentage

Following a leap in January, Hungary's purchasing manager index plummeted to 50.6 points in February.   The Hungarian Association of Logistics, Purchasing and Inventory Management (HALPIM), the publisher of the...

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Acting in concert against forgery can decrease the black economy

The new founded organisation's first assigment is to build a concentrated database. The Hungarian Corporation Against Forgery has a HUF 75 million budget for this year, members are six ministries,...

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To Shop via Internet is Trendy

According to Szonda Ipsos research 20% of Hungarian internet users buy something via internet in 2007.  Every fifth Hungarian adult visit one of the researched auction, on-line and price and...

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From June only from Hungarian Fruits and only in Hungary can make Palinka

The Hungarian Parliament talk about Palinka Regulation in March. According to the new laws proceed can be started against who abuses with the Hungaricum's name.  The new regulation – starts...

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No tumult at cash desks

According to communique of Hungarian Trade Association customers and cashiers succesful resolved the first day of roundings. Gyorgy Vamos, president of the assotiation said, no fights, loud bickerings destroyed the...

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Britain preffers not the complete ban

Shops could be forced by law to charge for handing out plastic bags unless they agree to impose the fees voluntarily, the Prime Minister Gordon Brown warned in a hard-hitting...

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Administration of liquidation started at one of M.E.G.A Trade Companies

The company group's Dis Kereskedelemi Kft. was famous after relabeling action in 2006. As known at company's plant in Budaors more thousands kilos of food was relabeld in 2006. When...

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Economic growth in Hungary only in H2

According to a GKI 's forecast elaborated in co-operation with Erste Bank Hungary's economy will eventually get out of the slump it fell into in 2007. Following a huge downturn...

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The economic confidence in the euro zone sank to a two-year low

The economic sentiment indicator in the euro zone, which has been on a downward path since mid-2007, stood at 100.1 in February, down by 1.6 points from that in January....

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