Market News
Shrinking real wages
Date: 2009-12-03 08:00:00
At enterprises employing a minimum of 5 people and at budgetary institutions, gross average wages were 1.3 percent higher and net average wages improved by 1.6 percent in the first...
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Shaken, not stirred
Date: 2009-12-03 08:00:00
After the increase in excise duty and VAT, spirit distributors spent most of 2009 with rethinking their price strategies. Although the number of spirit buyers is declining, the average price...
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Foreign trade balance improving
Date: 2009-12-03 08:00:00
In January-August 2009, the volume of foreign trade was 17 percent lower in export and 23 percent lower in import than one year earlier. KSH’s quick report also states that...
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The market of baking additives, dessert powders and fruit preserving agents expands
Date: 2009-12-03 08:00:00
Powder product sales are on the increase, the market expanded by 17 percent in terms of value in August 2008-July 2009, to surpass the annual HUF 8 billion level. In...
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Temporary halt among non-alcoholic cold beverages
Date: 2009-12-03 08:00:00
In the first six months, 10 percent less non-alcoholic cold beverages were bought in Hungary, reveals a joint survey by GfK Hungária and Agrár Európa Tanácsadó Kft. The world market...
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The rebirth of home baking
Date: 2009-12-03 08:00:00
As a result of austerity measures, the positions of several food categories connected with home cooking/baking improved. Families do not buy as many ready-made cakes as before and spend less...
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Austrians trust their good old brands
Date: 2009-12-03 08:00:00
According to Nielsen Austria, retail turnover growth in food products is losing speed in Austria. Last year food sales augmented by 4.8 percent, largely due to increased prices, but in...
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Kalifa now also offers Oriental flavours
Date: 2009-12-03 08:00:00
– I am happy to say that our sales turnover in the cooking-baking segment in last October-December improved by more than 20 percent. Around Christmas, Kalifa ground poppy seed and...
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Price/value ratio and the brand value of products and retail chains put in the limelight
Date: 2009-12-03 08:00:00
According to David Calhoun, Nielsen’s president/CEO consumers are getting used to changes caused by the crisis. They worry less and try to accommodate to the new situation. Spending habits changed...
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The same number of people buy more baking products
Date: 2009-12-03 08:00:00
Certain product categories are able to improve sales even in a negative consumer atmosphere, because at the time of crisis people spend more time at home. In January-July 2009, we...
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The first E-Mail Marketing Report was prepared
Date: 2009-12-03 08:00:00
90 percent of active Internet users read approved commercial e-mail messages with an interesting subject, but an informal addressing is not always an advantage – reveals the E-Mail Marketing Report...
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Increasing public demand for cheap products
Date: 2009-12-03 00:03:55
According to the datas of GfK Hungária Market Research Institute; in the third quarter of 2009, the households purchased recommended daily products 1.3 percent lower than a year earlier. However,...
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Domestic food retail sales increased in value, decreased in volume in the third quarter
Date: 2009-12-03 00:03:42
According to Nielsen market research company; with Hungary food retail sales volume decresed in nine European countries in the third quarter, compared to last year’s July -September. In Hungary, the...
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We are facing a money saving Christmas
Date: 2009-12-02 00:07:07
The Christmas season in the United States starts each year, the Friday after Thanksgiving day. The Equilor Investment Ltd. examined how the Christmas shopping season can evolutate in Hungary and...
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Eurozone’s unemployment rate reached its 11-year peak
Date: 2009-12-02 00:05:11
In the Euro-zone, the seasonally-adjusted unemployment rate is currently 9.8 percent, stagnaiting on its 11-year peak level in October, after the September rate was modified from 9.7 percent to 9.8...
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GVH would pay tracking fee
Date: 2009-12-02 00:03:08
According to a law proposal; In the future 1 percent of the imposed fine, but not more than 50 million HUF would be given to the person who provides evidence...
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Year-end mall handover rush
Date: 2009-12-02 00:01:25
While less shopping centers are handed over this year, than in the last year, at the end of the year, malls are handed over; one after the another in Europe....
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One giant leap in the Chinese credit card debt
Date: 2009-12-02 00:00:35
According to the report of the Chinese central bank; The over six months credit card debts more than doubled in the first three quarters of the year in China, compared...
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The number of dangerous products are growing due to the crisis
Date: 2009-12-01 00:04:51
Although there is no accurate measurement and assessment of the impact of the crisis, in the market of counterfeit products, the turnover of the non authentic products shows an increasing...
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Environment protection product fee: a lump sum, instead of the more complex solution
Date: 2009-12-01 00:03:01
From January agri-producers can pay their environment protection product fee, product registration, record keeping, reporting and payment obligations with lesser administration, as a lump sum – thanks to the legislative...
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Stagnating industrial producer prices
Date: 2009-12-01 00:02:15
According to the Central Statistical Office; The industrial producer prices have not changed, compared to the previous month or to a year earlier period in October. The Hungarian industry's sales...
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The THM-ceiling may be the end of quick loans
Date: 2009-12-01 00:01:25
Many people agree that now it is time to tighten the conditions of the Hungarian retail lendings, including consumer credits. One elements may be the much-debated introduction of the THM-ceiling....
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After one and a half year, the prices have increased in the EU again
Date: 2009-12-01 00:00:59
Inflation returned into the euro area in November: According to Eurostat's first estimations, published on Monday, consumer prices were 0.6 percent higher than a year earlier. This is the first...
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The Americans throw out 40 percent of the food
Date: 2009-12-01 00:00:54
According to an American survey; the nation's population throw 50 percent more food into the trasher than in 1974. An average 1400 calory food per capita is thrown into the...
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Germany can put an end to the monitoring of the staff
Date: 2009-12-01 00:00:15
According to press reports in Germany at several chains of stores, the illegal monitoring of workers is a “daily routine”. Among others the workers are being monitored in the stores...
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GKI: The foreign market demand and the EU support can help in recovery
Date: 2009-11-30 00:06:28
According to the forecast of GKI Economic Research Co., in cooperation with Erste Bank; This year, in the Hungarian economy a 6.5 percent decline and future stagnation is expected. The...
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This year, Americans spent more on Black Friday
Date: 2009-11-30 00:01:01
Retail sales on Friday increased slightly, by half a percent in the United States, which is traditionally one of the busiest day of the Christmas shopping period. Retail sales showed...
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Different bargaining positions in the food industry
Date: 2009-11-30 00:00:50
The domestic food companies were not prepared for the EU's competition, the high charges, only further increase their vulnerability in competition – said Éder Tamás, President of the National Food...
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The deodorants and shower gels are the most popular
Date: 2009-11-27 00:04:59
According to Nielsen; decorative packaging toilet preparations and cosmetics are becoming more and more popular as Christmas gifts. More than 3 billion HUF worth of gifts were sold last year...
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Hungarian corruption is far above the world average
Date: 2009-11-27 00:02:01
According to the assessment of PricewaterhouseCoopers (PwC); The most common type of abuse is corruption in the Hungarian business life. Its 81 percent incidence rate is much higher than in...
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