Market News
Another difficult year for the food industry
Date: 2008-11-16 08:00:00
According to Attila Boródi, chairman of the National Association of Food Processing Enterprises (ÉFOSZ), 2007 was a very difficult year for the food industry and 2008 looks even more difficult....
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New types of flour for maintaining health
Date: 2008-11-16 08:00:00
Per capita grain consumption in Hungary has been stable in recent years, with minor fluctuations, at 87-90 kg/year. there is still a lot of surplus production capacity in this market....
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Growing market share for bitter and palinka
Date: 2008-11-16 08:00:00
Retail sales of spirits increased by 8 percent in the August 2007- July 2008 period, compared to the preceding year, reaching HUF 72 billion. Sales in terms of quantity increased...
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Grain prices down
Date: 2008-11-16 08:00:00
Agricultural supply prices were up by 2,7 percent in August 2008, compared to August 2007. The average price of plant products was down by 4,6 percent, while that of livestock...
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The value of reputation
Date: 2008-11-16 08:00:00
According to a survey conducted by Weber Shandwick with Figyelő and Szonda Ipsos, reputation is estimated by Hungarian CEO-s to account for 50 percent of market value. This is less...
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“Minus zero” instead of “plus zero” for the meat sector
Date: 2008-11-16 08:00:00
The number of meat processing enterprises has dropped from more then 500 to 350 within a few years, while concentration has continued in the sector. – Major changes have taken...
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Croissants and French rolls still most popular bakery products
Date: 2008-11-16 08:00:00
Nine out of ten people like croissants and French rolls and eight out of ten also like white bread, according to a survey of eating habits conducted by GfK Hungária...
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Bar code? RFID? Or both?
Date: 2008-11-16 08:00:00
Bar code has been used for such a long time that we do not even realise how ingenious this technology is. However, a challenger has appeared in the shape of...
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Romanians still shopping enthusiastically
Date: 2008-11-16 08:00:00
According to an Eurostat estimate, retail sales in the EU 27 countries totalled 1,1 percent less in July 2008, than a year before. Retail sales produced the fastest growth in...
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New EXPO under construction in Budapest
Date: 2008-11-16 08:00:00
The most modern and prestigious exhibition centre in Europe is under construction in Budapest. Apart from its futuristic architecture and state of the art technology, the EXPO area in the...
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Red meat and game more popular among men than women
Date: 2008-11-16 08:00:00
According to a survey by Gfk Hungária about culinary habits, poultry is the most popular form of meat among Hungarians, with pork in second place. Health conscious consumers prefer fish....
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Boost in price and sales of pasta
Date: 2008-11-16 08:00:00
Retail sales of pasta total neerly HUF 27 billion per year. Sales were up by 21 percent in terms of value in the October 2007 – September 2008 period, compared...
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Difficult period for FMCG logistics in Hungary
Date: 2008-11-16 08:00:00
According to János Mondovics, member of the board of the Hungarian Association of Logistics (MLBKT), the current recession is having an amplified effect on providers of logistic services. – This...
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Small stores and big chains in Italy
Date: 2008-11-16 08:00:00
Italy is one of the big European markets with 59 million consumers, there is only one Italian retailer (in 27th place) among the top 30 European retail enterprises. 77 percent...
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Teenagers waiting for advice
Date: 2008-11-16 08:00:00
According to a presentation at the Hungarian Consumer 18 conference, Hungarian teenagers are more deeply committed to classic civil values than teenagers living in neighbouring countries. This is why they...
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Pre-packaged products increasing their market share
Date: 2008-11-16 08:00:00
Sales are increasingly concentrated and the market share of pre-packaged products continues to grow. Sales are expanding in the cheapest segment. Retail sales were up by 2 percent in terms...
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Pasta equally popular
Date: 2008-11-16 08:00:00
According to a survey of eating habits conducted by GfK Hungária, nine out of ten people like pasta and consume it once every three days on average. Pasta enjoys equal...
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Meet the Opel five! Vivaro, Movano, Corsa Van, Combo, Astra Van
Date: 2008-11-16 08:00:00
Opel Vivaro. For all kinds of haulage. Practical design; Numerous versions; Modern engine. Innovations (2008): Owing to its long wheel base, Vivaro can now be used as a taxi as...
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Take a look at Paris!
Date: 2008-11-16 08:00:00
Hyper markets are undoubtedly a French invention. Carrefour has been the first to open a store of this type in a suburb of Paris. Let’s take a look at the...
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Prices jump up in Latvia
Date: 2008-11-13 00:00:00
In the 27 member states of EU according to the harmonized data the annual inflation was 4.2% in September 2008 compared to September 2007. The lowest annual rates were observed...
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Solid grow at the consumer prices
Date: 2008-11-13 00:00:00
In October 2008 consumer prices increased by 0.2% compared to the previous month and rose by 5.1% compared to October 2007. In the first ten months of 2008 the average...
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Bent cucumbers can be sold by retailers from next July
Date: 2008-11-13 00:00:00
End to minimum shapes and sizes for 26 fruits and vegetables, such as aubergines and apricots, cherries, garlic, leeks, peas, spinach and watermelons. But 10 standards will remain. Misshapen fruit...
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Retailers Association Expects Flat Sales Next Year in Germany
Date: 2008-11-11 00:00:00
HDE, the German retailers’ association, has announced that it expects sales at stagnate in 2009, but said it expects them to be good during the upcoming Christmas season. The Wirtschaftswoche...
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The financial balance improves, but the GDP stagnates in 2009
Date: 2008-11-10 00:00:00
The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that in the radically changed global economic environment the Hungarian economy takes a completely new path...
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The trade balance deteriorated
Date: 2008-11-10 00:00:00
In September 2008, according to first estimates of Central Statistic Office, exports amounted to HUF 1,612 billion (EUR 6,724 million), while the value of imports reached HUF 1,576 billion (EUR...
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European Consumers Spill the Beans on Food Labelling
Date: 2008-11-06 00:00:00
The study questions 17,300 people in France, Germany, Hungary, Poland, Sweden and the UK, both in supermarkets and at home, and finds on average 18% of Europeans (27% in UK,...
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Research – month to months more privat label products in the leaflets
Date: 2008-11-06 00:00:00
According to GfK Hungaria the leaflets are since many years very popular. The research company observs the leaflets of the retail sector since 2003, the biggest adviser are in...
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China Detains Suspect in Melamine Eggs Case
Date: 2008-11-06 00:00:00
The owner of a Chinese feed factory suspected of adding melamine to its product which turned up in tainted eggs has been detained. Chinese eggs came under the spotlight after...
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Expansions in Bosnia
Date: 2008-11-06 00:00:00
According to reports in the Bosnian press, the local unit of Mercator plans to capture a 5% market share in the country by 2010. Citing Director, Mensud Lagumdzija, the retailer...
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