Market News
Waiting for the nadir
Date: 2009-08-27 08:00:00
According to economic projections by GKI Gazdaságkutató Zrt. and Erste Bank, the worse is yet to come for the Hungarian economy, with GDP expected to decrease to 6.5 percent. Agriculture...
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Deli counter meat product sales are revitalising
Date: 2009-08-27 08:00:00
Despite lobbying by the Hungarian Meat Industry Federation, meat products were not included on the list of products with a reduced VAT. Although the 5 percent increase is not catastrophic...
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Hungarian households switch from ”A” to ”B”?
Date: 2009-08-27 08:00:00
According to data by Gfk Hungária, in the first quarter of 2009 we bought 7 percent less daily consumer goods than a year before. Brands with a higher price level...
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Less sausage and salami sold in the first four months
Date: 2009-08-27 08:00:00
Gfk Hungária’s data indicate that Hungarian households purchased less sausage and salami than a year ago. In the first four months of 2009 sausage sales went down by 7 percent,...
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Hungarians not taken to shopping malls yet
Date: 2009-08-27 08:00:00
According to a survey conducted by Gfk in June 2009, Hungarian shoppers prefer separate shops to shopping malls. 83 percent shop in the store type they like the most. More...
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High quality sells better
Date: 2009-08-27 08:00:00
Nielsen Retail Index reveals that lemon juice retail sales grew by 13 percent in terms of value in June 2008-May 2009, compared to the previous period a year before. The...
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Price increase slowing down
Date: 2009-08-27 08:00:00
In June consumer prices augmented by 0.1 percent, totalling at 3.7 percent higher than in the same period of 2008. According to a report by KSH (Central Statistical Office), there...
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Lemon juices are in top condition
Date: 2009-08-27 08:00:00
Trying to eat healthier opened the way for a more creative usage of lemon juices. Another significant step forward has been taken in packaging. New designer bottles gradually replace the...
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Half of the unemployed have been looking for work for more than a year
Date: 2009-08-27 08:00:00
In the second quarter of 2009, the unemployment rate was 9.6 percent, with 3,797,000 people being employed and 402,000 unemployed in the 15-64 age group. Compared to the second quarter...
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The price of shopping
Date: 2009-08-27 08:00:00
The communications war between Hungary’s two FMCG giants, Tesco and Spar keeps raging. A few weeks ago, Spar filed a complaint against Tesco at the Hungarian Trade Association’s Ethics Committee...
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Mouth care brands expand with specialties
Date: 2009-08-27 08:00:00
Sales expectations in the mouth care product category focus on keeping up the present level. Toothbrush is the leading segment of innovation, but toothpaste and mouth wash novelties are also...
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Average wage increase at 1 percent
Date: 2009-08-27 08:00:00
In the first five months of 2009, the gross average wage 1.4 percent higher than a year earlier; in the case of net wages the increase was 1 percent. KSH’s...
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We are No.1 in CSR in the region
Date: 2009-08-27 08:00:00
Based on the CSR 24/7 evaluation Hungarian and Polish companies did the best. Bulgarian and Romanian companies were also analysed. Magyar Telekom occupies the number one spot on the Hungarian...
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100 ml tubes strengthen on an expanding market
Date: 2009-08-27 08:00:00
Retails sales of toothpaste augmented by 6 percent in July 2008-June 2009, compared to the previous period, surpassing HUF 10 billion. In terms of quantity, the market did not change....
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Foreign markets – Czech Republic
Date: 2009-08-27 08:00:00
According to Nielsen’s Prague affiliate, FMCG retail sales growth is slowing down in terms of value in the Czech Republic. Supermarkets’ share surpasses that of discount stores. Last March-April FMCG...
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Top 10 trends in petrol station shops
Date: 2009-08-27 08:00:00
Petrol station shops excel in cigarette sales: sales in terms of value increased by 15 percent in June 2008-July 2009 and exceeded HUF 34 billion. Beer and carbonated soft drinks...
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September? Education!
Date: 2009-08-27 08:00:00
Several manufacturers and retailers are involved in the mouth care weeks. They try to raise awareness of the importance of dental hygiene. With support from the Hungarian Association of Dentists,...
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Reputation of sponsorship and word of mouth propaganda improved significantly
Date: 2009-08-27 08:00:00
In April Nielsen published the results of a 50-country survey among Internet users on their trust in advertisements. In Europe consumers trust television adverts the most and newspapers ads come...
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Diversification among wine consumers
Date: 2009-08-27 08:00:00
Our own sales data and Nielsen surveys both indicate the increasing dominance of sweet red wines and rosé in the past five years. It is a favourable development that the...
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European packaging novelties – from Hungary
Date: 2009-08-27 08:00:00
While companies try to cut packaging costs, most actors on the market decided to go forward: they invent cheaper, greener and more consumer-friendly solutions. – Annual average packaging material use...
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Everything for the friends of wine
Date: 2009-08-27 08:00:00
After a glass of grand wine one realises that he would like to relive the same experience, but does not have pen and paper with him to jot down the...
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Nanotechnology and other novelties
Date: 2009-08-27 08:00:00
According to the analysts of FachPack, at times of crisis technological innovation always receives more attention, with producers trying to focus on extra functions and cost efficiency. With medicinal products...
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Open to the world
Date: 2009-08-27 08:00:00
In the past few years domestic wine consumption slightly decreased, but quality wine sales augmented, together with a growing market share of bottled import wines (which is still below the...
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What is the latest on the PET-market?
Date: 2009-08-27 08:00:00
– In the EU demand for the environmentally friendly and aesthetic PET packaging is skyrocketing. Partly due to the fact that the European glass industry is struggling with a lack...
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Fragrant Mátra
Date: 2009-08-27 08:00:00
The nicest wines from the Mátra wine region are among the most fragrant in Hungary. Due to its ecological characteristics, grapes harvested in the region have a high sugar content....
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On the right way on a bumpy road
Date: 2009-08-27 08:00:00
Hungary’s product charge system has been trying to enforce the responsibility of producers for 15 years. A comparison with the systems of other EU member states would be obvious, but...
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The price of milk does not reduced
Date: 2009-08-27 00:06:52
Despite the fact, that from 1st July the milk and milk products’ reduced VAT will be 18 percent, the prices did not reduced, rather further increased by 1 percent, compared...
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Bio mangalica do not purchased ,while traditional pork is popular
Date: 2009-08-27 00:02:30
According to experts, the “triumph” of biomangalica is a myth. Eco- mangalica is expensive and noone pays for it domestically and abroad as well. In big volumes it is almost...
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Compared to May retail increased in June
Date: 2009-08-26 00:04:00
The volume of retail sales were below in the same period of last year, by 3.2 percent in the first half of 2009 and 2.2 percent in In June. The...
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