Market News
Price increase at cooking oil, rice and milk
Date: 2008-09-12 00:00:00
In August 2008 consumer prices decreased by 0.3% compared to the previous month and rose by 6.5% compared to August 2007. In the first eight months of 2008 the average...
Read more
Dynamic growth at poultry stock
Date: 2008-09-12 00:00:00
Between 1st April and 1st August 2008 the stock of both cattle and pigs increased. The number of sheep decreased, the stock of poultry – except for the number of...
Read more
The business environment improved in Hungary
Date: 2008-09-12 00:00:00
According to the latest Doing Business report of the World Bank has showed Hungary stepped forward nine places to 41., but still finished behind Estonia, Latvia, Lithuania and Slovakia. While...
Read more
HUF 5 million penalty for Rossmann
Date: 2008-09-10 00:00:00
According to the Hungarian Competition Authority the drogerie chain's parfume actions in 2007 September and December fobed the consumers. It was not the first case. In the first action Rossmann...
Read more
GM soya bean – Yes for import but not for growing
Date: 2008-09-10 00:00:00
The European Commission authorised the import of a genetically modified strain of soybean for use in feed and food for 10 years. The European Union’s executive branch said the strain,...
Read more
Ghana wants to increase its cocoa growing by 30%
Date: 2008-09-10 00:00:00
Ghana's government has doubled its budgetary allocation for supplying fertliser to cocoa farmers for the 2008/09 crop starting this month, an official at the Cocobod cocoa regulator said. The world's...
Read more
British families are hard hit by food price rises
Date: 2008-09-09 00:00:00
Food inflation in the UK is nearly double the rate of most other developed nations. Prices have increased by 12.2 per cent over the last year, according to official Government...
Read more
78% of the export goes into the EU
Date: 2008-09-09 00:00:00
In July 2008, according to first estimates of Hungarian Central Statistic Office, exports amounted to HUF 1,433 billion (EUR 6,113 million), while the value of imports reached HUF 1,497 billion...
Read more
In H1 supermarkets grow their marketshare
Date: 2008-09-09 00:00:00
According to GfK research there is a relative decreasing in the Hungarian retail market. The increase of FMCG products' sales (8%) was under the food inflation (12%) in the first...
Read more
The high agriculture production grow the GDP
Date: 2008-09-08 00:00:00
According to quarterly calculations gross domestic product of Hungary increased by 2.0 percent in the second quarter of 2008 (by both adjusted and non-adjusted for calendar effects), and by 1.9...
Read more
Holes and knives
Date: 2008-09-05 08:00:00
Following the example of water melon producers, milk producing farmers also plan to hold demonstrations against retail chains. Furthermore, farmers from the animal husbandry sector are also expected to take...
Read more
Double digit growth in quantity as well
Date: 2008-09-05 08:00:00
According to the Nielsen Retail Index, retails sales of praline exceeded HUF 18 billion in the June 200 – May 2008 period. Praline sales grew by 13 per cent in...
Read more
True innovations behind expansion in the air fragrance market
Date: 2008-09-05 08:00:00
Price competition is not quite as intense in the market of air fragrances as in other categories. Brands focus on innovation and new fragrances. According to Nóra Csizmadia, from SC...
Read more
Danes need a pleasant environment for shopping
Date: 2008-09-05 08:00:00
Modern store chains are very strong in Denmark. The food retail business is highly concentrated. Health-consciousness has a major influence on consumption, while demand for premium and luxury products is...
Read more
More applicants for GFP funds
Date: 2008-09-05 08:00:00
The Operative Program for the Development of the Economy (GFP) has become very popular. HUF 77 billion out of a total of HUF 329 billion has been made available for...
Read more
Praline brands creating new seasons
Date: 2008-09-05 08:00:00
Praline is an ideal gift, provided its not a private label. This is what brands are counting on when they increasingly focus on the gift function. The praline market which...
Read more
Increasing role of drugstores in market of air fragrances
Date: 2008-09-05 08:00:00
According to data from the ConsumerScan of GfK Hungária, the quantity of air fragrances sold in the first four months show stagnation, but sales dropped in terms of value, owing...
Read more
Following the gendarme from Saint-Tropez
Date: 2008-09-05 08:00:00
Not much remains from the charm of the French Riviéra seen in the Louis de Funés movies of the 1960’s. Though the landscape and the sea is still beautiful, industrial...
Read more
Moderate optimism on board the OKSZ Klubhajó
Date: 2008-09-05 08:00:00
According to Péter Feiner, chairman of the National Retail Association, the best we can hope for this year is that the decline of retail trade will stop. The Association is...
Read more
Market share of private labels continues to rise
Date: 2008-09-05 08:00:00
According to data from GfK Hungária ConsumerScan, both the quantity of pralines purchased by households and the amount spent increased in the first third of the year. As a result...
Read more
When you need a little energy
Date: 2008-09-05 08:00:00
According to Orsolya Varga, trade marketing manager of Energizer, growth in the market of batteries is continuous but slow, with an increasing proportion of consumers choosing quality in the shape...
Read more
(HU) Kereskedelem kínaiul
Date: 2008-09-05 08:00:00
Commerce in Chinese When I recently visited China, I had read the travel guide beforehand to see what I could expect. One of my destinations was Hong Kong, which I...
Read more
First multi-sensory project in Europe
Date: 2008-09-05 08:00:00
Leroy Merlin has been the first store chain in Europe to use all elements of sensory marketing in a combined way. Mood Media has been contracted to provide music, visual...
Read more
Healthy products also need promotion
Date: 2008-09-05 08:00:00
Health consciousness has been the most important trend in recent years. Manufacturers are adapting to changes in consumer preferences and hyper markets often allocate separate shelf space to healthy products....
Read more
Britons shopping, Spaniards saving
Date: 2008-09-05 08:00:00
According to an Eurostat estimate, the volume of retail trade was up by 2 per cent on average in the 27 EU member states in May, compared to 2007. Retail...
Read more
Summer moments
Date: 2008-09-05 08:00:00
With my wife and some friends, we have decided to go touring by car. Our destination was Barcelona via Italy and the Riviera. We have chosen the shortest way, through...
Read more
Promo using PDA
Date: 2008-09-05 08:00:00
PDA-s have been issued for the sales team of Promo Power Trade Marketing Ügynökség. The software has been developed with regard to the special needs of their clients. The 20...
Read more
Still not enough knowledge
Date: 2008-09-05 08:00:00
According to Otília Dörnyei, director of Gfk, dietary preferences are slowly changing, with a shift towards healthier food. Unfortunately, when money has to be saved, consumers economise on healthy food...
Read more
The power of strawberry
Date: 2008-09-05 08:00:00
Prices of agricultural products were up by 31.5 per cent in May 2008, compared to May 2007. The average price of plant products was up by 38.3 per cent, while...
Read more
