Market News
Food prices are falling since last year's peak
Date: 2009-06-03 00:10:00
Food prices decreased 2.2 percent globally, since the beginning of 2008. According to the food price index of Economist, prices decreased by 25 percent since the peak last July globally....
Read more
It is time for barbecues
Date: 2009-06-02 00:30:00
The barbecue season is coming, when the domestic retail trade transacts the bulk of its turnover with special sausages and spices. About 1.3 billion HUF grilled sausage has been sold...
Read more
Drought package from the Chamber of Agriculture
Date: 2009-06-02 00:24:00
The Hungarian Chamber of Agriculture in order to reduce losses caused by the drought, has submitted proposals to the Agriculture Minister. According to the views of the organisation, the developed...
Read more
Descending pessimism in the U.S. manufacturing industry, increasing savings
Date: 2009-06-02 00:14:00
In April, the U.S. household savings willingness increased, in May, the value of ISM Institute's purchasing managers index of manufacturing increased from 40.1 points to 42.8 points. The ISM index...
Read more
The crisis in the European manufacturing industry is softening
Date: 2009-06-02 00:11:00
Eurozone's manufacturing purchasing managers index in rose from April's 36.8 points to 40.7 points in May, slightly above the preliminary estimates. Increasing is indicated by the value over 50 points,...
Read more
Descending beer consumption in the last two years
Date: 2009-06-02 00:05:00
The economic crisis has reached the Hungarian brewing industry, the total sales of the brewers decresed by 7 percent compared to the results of previous year. According to the informations...
Read more
The number of late loan repayers has been significantly increased
Date: 2009-06-02 00:04:00
At the end of March 24 thousand companies had their credibility in late, compared to the same period of last year's , 18 thousand – reports MTI. The rate of...
Read more
Marketing against the crisis
Date: 2009-06-02 00:02:00
Not only the big but also the small and medium-sized companies are also interested in building out and developing its own customer database. The widely used marketing tools can extend...
Read more
Thee decline in the Hungarian food retail market has been stopped
Date: 2009-05-29 00:39:25
According to Nielsen market research company's analysis of twenty European countries, the Hungarian food retail sales volume of goods remained stable in the first quarter of the year compared to...
Read more
The Hungarian economy has been increased in May
Date: 2009-05-29 00:32:28
According to the common indicator of Világgazdaság and Ecostat – called the speed-up guide (GYIA) – after the decline of April, the economy increased by 0.33 percent in May. It...
Read more
No need to re-authorize the cash registers
Date: 2009-05-29 00:20:11
The shops do not need to re-authorize the cash registers because of the increase in VAT and excise tax. A simple parameter modification is enough – stated the fiscal business-leader...
Read more
Dry weather is bad for agriculture
Date: 2009-05-29 00:10:31
Despite the rain falls of the recent days, 200 millimeters are still missing from the usual amount of precipitation. The dry weather can cause more than 100 billion HUF losses...
Read more
Consumer confidence in the United States is improving
Date: 2009-05-28 00:34:00
The confidence indicator of Conference Board's the leading market research group increased to 54.9 points in May after April’s 40.8 points. The prior expectation was only 42.3 points. By the...
Read more
Save and invest rather than taking up loans
Date: 2009-05-28 00:25:00
The economic crisis did not change the financial habits of people, however changed the usage of financial products – states the study of GfK Hungária market Researc Institute. The financial...
Read more
Bank guarantee program to help food processors
Date: 2009-05-28 00:21:00
The Food Industry Bank Guarantee Program of Hungarian Development Bank (MFB) provides a total of 37.5 billion HUF working capital loan for helping out the businesses. With the 90 percent...
Read more
One of the big loser of the crisis is the meat industry
Date: 2009-05-28 00:12:00
According to the datas of Optem Company Information Service by mid-May, winding-up proceedings has been started against 73 animal husbandry, meat trading or meat-processing companies, so meat industry is the...
Read more
Decreasing prices at Slovakian retailers
Date: 2009-05-28 00:03:00
After the chains in Slovakia are already advertised products that are cheaper than in Hungary, the Slovak retailers also began to decrease its prices. In the first quarter of 2009...
Read more
Good news from France: In April private consumption has been increased
Date: 2009-05-28 00:01:00
Contrary to the analyst expectations the French private consumption increased by 0.7 percent in April. The consumption growth surprised analysts who previously predicted 0.3 percent decline. The growth in April...
Read more
Five candles
Date: 2009-05-27 08:00:00
Following the disappearance of borders five years ago, the flood of imported food came as a shock to the local food industry. Today, imported products account for nearly 30 percent...
Read more
Adam in the focus, following Eve
Date: 2009-05-27 08:00:00
An increasing number of products intended for men are appearing in the shower gel and body lotion category, previously regarded as rather feminine. The category continues to produce annual growth...
Read more
No boom foreseen by Atradius for next year
Date: 2009-05-27 08:00:00
Forecasts predicting a boom for 2010 are not considered to be reliable by Atradius. The credit insurance company expects recession to continue in 2010 as well. According to their country...
Read more
Fragrance marketing entering Hungary
Date: 2009-05-27 08:00:00
Mood Media has begun to offer fragrance marketing services in Hungary as well, in co-operation with their European partner Ambius. The injection of fragrance particles into the air is controlled...
Read more
Importance of outsourcing felt by many now
Date: 2009-05-27 08:00:00
There is no need to prove that the logistic sector has been hit very hard by the recession. Logistic enterprises are forced to grant substantial discounts to their clients in...
Read more
Change in VAT to have little effect on inflation
Date: 2009-05-27 08:00:00
According to a study by KOPINT-TÁRKI Konjunktúra Kutató Zrt. and Agrár Európa Tanácsadó Kft., food inflation is expected to be significantly lower in 2009 than a year ago owing to...
Read more
Regional differences in growth
Date: 2009-05-27 08:00:00
Rates of growth for sales of leading food categories in the April 2008-March 2009 period. Notes: 1. Sales of the 90 categories monitored by Nielsen showed average growth of 6...
Read more
Great opportunities in the market of refrigerated goods
Date: 2009-05-27 08:00:00
The logistic market of refrigerated goods is in turmoil. Both local and international enterprises see market gaps waiting to be filled. According to Szabolcs Czifrik from Liegl & Dachser Kft.,...
Read more
More shoppers from the 50-65 age group in modern chains
Date: 2009-05-27 08:00:00
According to the Nielsen ShopperTrends survey, an increasing proportion of 50-65 year olds visit modern stores, while the loyalty of this group towards traditional stores has diminished. While in 2007,...
Read more
Újvidék and London in the AMC program in May
Date: 2009-05-27 08:00:00
AMC provided support for 16 Hungarian exhibitors attending the 76th International Agricultural and Food Industry Fair in Újvidék held between 9-16. May. A consumer promotion under the „Delikatesno iz Mađarske”...
Read more
Foresighted companies invest in development even in times of crisis
Date: 2009-05-27 08:00:00
It is quite surprising to see that SME-s have reduced their spending on material handling equipment less substantially than large enterprises. Regarding spending on warehousing software, the situation has not...
Read more
One eye laughing, the other eye weeping
Date: 2009-05-27 08:00:00
According to experts from PriceWaterhouseCoopers Kft, some players in the FMCG sector might be able to reclaim VAT, while the burden on enterprises employing several hundred people could be reduced...
Read more
