Market News
Unchanged prospects for consumers, less optimism for business
Date: 2007-09-24 08:00:00
The value of the GKI economic prospects index has only shown moderate fluctuation since August last year, falling somewhat in July. According to a survey conducted by GKI Gazdaságkutató Zrt.,...
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Fighting common taste
Date: 2007-09-24 08:00:00
The block of people who regard cheese as being identical with trappista is still substantial and constitute the majority. The situation is however, changing slowly. – In Hungary, there is...
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Buying food: quality is important
Date: 2007-09-24 08:00:00
According to a 2007 survey by GfK Hungária, the high quality of food to be bought is the primary consideration for Hungarian consumers. A 1-5 scale was used to evaluate...
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Dynamic expansion in the market of paper diapers
Date: 2007-09-24 08:00:00
The growth in retail sales of paper diapers has continued to accelerate. An increase of 12 per cent was registered by Nielsen in the July 2006–June 2007 period, with total...
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Marked price rise for grain
Date: 2007-09-24 08:00:00
The prices of agricultural produce were 6.4 per cent up in June 2007, compared to June 2006. The prices of plant produce were up by 12.6 per cent, whereas that...
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Beyond absorbing capacity
Date: 2007-09-24 08:00:00
Requirements for diapers are becoming increasingly diverse, but consumers continue to be sensitive to price. According to market research data, hyper markets are taking an increasing share from the sales...
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Recession in retail speeding up
Date: 2007-09-24 08:00:00
The volume of retail trade continued to shrink in June 2007. According to KSH data, retail turnover in the second quarter of the year was 3 per cent less than...
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Facts and arguments
Date: 2007-09-24 08:00:00
Compared to August 2006, food prices rose by 10,9 per cent, which is above the average rate of inflation. Food prices are also rising drastically in the world market, as...
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Intimate hygiene tissue: expansion above average
Date: 2007-09-24 08:00:00
The market of intimate hygiene tissues is small but growing dynamically. According to the Retail Index of Nielsen, retail sales show an increase of 16 per cent in the July...
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Growing loyalty towards supermarkets and discount stores
Date: 2007-09-24 08:00:00
According to the Shopper Trends study by Nielsen, the significance of modern store types has continued to grow. Hyper markets, super markets and discount stores are becoming the primary places...
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Price limits
Date: 2007-09-24 08:00:00
It is hard to tell yet exactly how much damage has been caused by the drought. Farmers talk about losses amounting to hundreds of billions, whereas another calculation recommended by...
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Period of introduction for wet wipe tissues
Date: 2007-09-24 08:00:00
As this product category has only recently been introduced, the objective is dual: educating consumers and widening the range of applications. The market of wet wipe tissues is growing dynamically...
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Sunshine, songs, logic
Date: 2007-09-24 08:00:00
According to Greeks, Crete is the birthplace of European culture and having taken a look at the palace of Knossos, I find this an absolutely credible claim. Since Cretans are...
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Private label bio product for the British
Date: 2007-09-24 08:00:00
According to a survey by TNS, seven out of the ten most popular bio products in the UK are private labels. In chains like Tesco and Sainsbury over 1,000 bio...
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Barely packaged merchandise, conservative consumers
Date: 2007-09-24 08:00:00
According to Béla Kertész, general secretary of the National Packaging and Moving Association, the quantity of packaging materials used by the Hungarian economy is still only half of the European...
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From store to store in Shanghai (part 2.) – Lotus flower
Date: 2007-09-24 08:00:00
We have visited Shanghai to attend the CIES conference which gave us an opportunity to take a look at retail trade in China. Lianhua (Lotus flower) is a 703 square...
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Omni consumers coming?
Date: 2007-09-24 08:00:00
According to a recent survey conducted by IBMin the US and the UK, a new type of consumer is emerging. “Omni consumers” are quite immune to traditional advertising, as they...
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Continuing argument over environmental charge
Date: 2007-09-24 08:00:00
Packaging has been subject to an environmental charge for ten years, but the amendment of relevant legislation in 2005 stirred up a heated argument. According to earlier legislation, the environmental...
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Discount stores behind the growth of private labels
Date: 2007-09-24 08:00:00
As a result of the advance of private labels, one out of five HUF spent on food is paid for a private label product. Private labels are less successful among...
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Lebensmittel Praxis: special edition about Hungary
Date: 2007-09-24 08:00:00
According to the special edition of the prestigious German magazine, Lebensmittel Praxis, devoted entirely to Hungary: „Though the trading business focuses on China, India, Russia and The Ukraine nowadays, Hungary...
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Creativity in a bottle
Date: 2007-09-24 08:00:00
Being practical is not all that matters in packaging of soft drinks, as a boldly innovative bottle can boost the image of a brand remarkably. Coca-Cola Magyarország introduced the aluminium...
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Shop & Roll
Date: 2007-09-24 08:00:00
Shop&Roll rolling basket is an ideal tool for regular shopping....
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Rising prices from producers to stores
Date: 2007-09-24 08:00:00
This has been a black year for the food business, with at least one third of total revenues falling victim to extreme weather conditions. According to recent statistics, a decline...
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What a moment can do…
Date: 2007-09-24 08:00:00
… Namely the moment when we make up our minds to buy Ariel or Pepsi washing powder, or to buy that nice little shirt for our kid who already has...
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Domestic chains enjoying an advantage on the Chinese battlefield (part 2.)
Date: 2007-09-24 08:00:00
Why are Chinese retail chains successful in their battle against international chains? This was the question we discussed with Glen Murphy, director of the Chinese Nielsen subsidiary. The average income...
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Outlet center in Polgár
Date: 2007-09-24 00:00:00
From HUF 4billion investment a mall is built near to M3 motorway in Polgár. The M3 Outlet Center will be finished on March, the construction work is made by Strabag,...
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The biggest Hungarian trade union wants real wages correction
Date: 2007-09-24 00:00:00
According to delegates of employers, the are several sectors, where in 2008 the agreed wages increase can't be given. Because of the tightening actions and the high inflations rate the...
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From March no more HUF 1, 2 coins
Date: 2007-09-24 00:00:00
The ratio of lost 1 and 2 forint coins has been very high for years and the price of base materials, primarily copper, nickel and zinc, also rose considerably in...
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Less sale from basic food too
Date: 2007-09-24 00:00:00
According to KSH the retail sales of food products dropped drastically in the first seven months. Hungarian retail sales dropped by 0.4% month on month in July, according to data...
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Fake Gillette made in China
Date: 2007-09-21 00:00:00
Two Chinese brothers have been charged with making 160,000 fake “Gillette” razor blades. The brothers, surnamed Zhang, were accused of assembling Gillette Mach 3 razor blades at home with family...
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