Market News
Sliced and whole salami, flavouring – in-store sales are stable
Date: 2009-08-27 08:00:00
In terms of value, sausage and salami retail sales grew in parallel with all meat products in thee July 2008-June 2009 period, compared to the same period a year before....
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Waiting for the nadir
Date: 2009-08-27 08:00:00
According to economic projections by GKI Gazdaságkutató Zrt. and Erste Bank, the worse is yet to come for the Hungarian economy, with GDP expected to decrease to 6.5 percent. Agriculture...
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Deli counter meat product sales are revitalising
Date: 2009-08-27 08:00:00
Despite lobbying by the Hungarian Meat Industry Federation, meat products were not included on the list of products with a reduced VAT. Although the 5 percent increase is not catastrophic...
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Hungarian households switch from ”A” to ”B”?
Date: 2009-08-27 08:00:00
According to data by Gfk Hungária, in the first quarter of 2009 we bought 7 percent less daily consumer goods than a year before. Brands with a higher price level...
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Less sausage and salami sold in the first four months
Date: 2009-08-27 08:00:00
Gfk Hungária’s data indicate that Hungarian households purchased less sausage and salami than a year ago. In the first four months of 2009 sausage sales went down by 7 percent,...
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Hungarians not taken to shopping malls yet
Date: 2009-08-27 08:00:00
According to a survey conducted by Gfk in June 2009, Hungarian shoppers prefer separate shops to shopping malls. 83 percent shop in the store type they like the most. More...
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High quality sells better
Date: 2009-08-27 08:00:00
Nielsen Retail Index reveals that lemon juice retail sales grew by 13 percent in terms of value in June 2008-May 2009, compared to the previous period a year before. The...
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Price increase slowing down
Date: 2009-08-27 08:00:00
In June consumer prices augmented by 0.1 percent, totalling at 3.7 percent higher than in the same period of 2008. According to a report by KSH (Central Statistical Office), there...
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Lemon juices are in top condition
Date: 2009-08-27 08:00:00
Trying to eat healthier opened the way for a more creative usage of lemon juices. Another significant step forward has been taken in packaging. New designer bottles gradually replace the...
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Half of the unemployed have been looking for work for more than a year
Date: 2009-08-27 08:00:00
In the second quarter of 2009, the unemployment rate was 9.6 percent, with 3,797,000 people being employed and 402,000 unemployed in the 15-64 age group. Compared to the second quarter...
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The price of shopping
Date: 2009-08-27 08:00:00
The communications war between Hungary’s two FMCG giants, Tesco and Spar keeps raging. A few weeks ago, Spar filed a complaint against Tesco at the Hungarian Trade Association’s Ethics Committee...
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Mouth care brands expand with specialties
Date: 2009-08-27 08:00:00
Sales expectations in the mouth care product category focus on keeping up the present level. Toothbrush is the leading segment of innovation, but toothpaste and mouth wash novelties are also...
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Average wage increase at 1 percent
Date: 2009-08-27 08:00:00
In the first five months of 2009, the gross average wage 1.4 percent higher than a year earlier; in the case of net wages the increase was 1 percent. KSH’s...
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The price of milk does not reduced
Date: 2009-08-27 00:06:52
Despite the fact, that from 1st July the milk and milk products’ reduced VAT will be 18 percent, the prices did not reduced, rather further increased by 1 percent, compared...
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Bio mangalica do not purchased ,while traditional pork is popular
Date: 2009-08-27 00:02:30
According to experts, the “triumph” of biomangalica is a myth. Eco- mangalica is expensive and noone pays for it domestically and abroad as well. In big volumes it is almost...
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Compared to May retail increased in June
Date: 2009-08-26 00:04:00
The volume of retail sales were below in the same period of last year, by 3.2 percent in the first half of 2009 and 2.2 percent in In June. The...
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Exuberant optimism in the United States
Date: 2009-08-26 00:03:00
According to the August survey of Confernce Board; The views on economy has improved at consumer assessment in the United States. The consumer confidence index rose from 46.6 points to...
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The consumption of cheaper wines increases
Date: 2009-08-26 00:02:00
In the first six months, the quantity of wine purchased for home consumption increased by 5 percent, compared to the same period of the previous year. But the growth has...
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The end of the recession in Germany
Date: 2009-08-26 00:01:50
In the second quarter of 2009, Germany came out of the recession with a 0.3 percent GDP growth compared to the first quarter – confirmed by the Federal Statistical Office...
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Bitter sugar confectionery: price increases are to come
Date: 2009-08-26 00:01:00
In times of the crisis chocolate improves mood, but the producers are threatening with world price increase, because the sugar and cocoa prices rose into the heavens on the world...
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The purchase of apples will start from 11 HUF per kilogram
Date: 2009-08-26 00:00:50
Agrana Juice Hungary Ltd. owning the majority of the market, started the purchasing of apple in Szabolcs-Szatmár-Bereg County. The Austrian company pays 11 HUF (4 eurocents) for the fruit to...
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Almost one hour work for a Big Mac in Budapest
Date: 2009-08-26 00:00:30
In the world's boomtowns one has to work for a Big Mac for an average of 38 minutes. In Tokyo only 12 minutes, nearly an hour in Budapest and 158...
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Households saves because of the crisis
Date: 2009-08-25 00:04:50
Nearly three-quarters of households restrained spendings because of the recession. Most of the households save on holiday, clothing, entertainment and culture – reported Népszabadság the assessment of BellResearch research company....
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The Global economic climate indicator improves significantly
Date: 2009-08-25 00:03:20
According to the Munich based Ifo market research company, in the third quarter the global economic climate will continue to improve, especially the six-month expectations appear to be promising. IFO’s ...
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Euro-zone’s industrial orders improved on monthly level
Date: 2009-08-25 00:02:50
Far beyond the preliminary expectations; Euro-zone’s industrial new orders stock level increased by 3.1 percent in June on monthly level, after the 0.5 percent decline of May. Only 1.7 percent...
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Small beer breweries suffered huge market loss
Date: 2009-08-25 00:01:00
The turnover of small beer breweries decreased by four-fifth, this year compared to the datas of the previous year. In the mid 90s 340 small breweries were in Hungary, now...
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Market in the U.S. garages
Date: 2009-08-25 00:00:30
Because of the economic crisis and the rising unemployment rate, garage markets are in bloom in the United States. More people are forced to sell their beloved belongingsin order to...
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One purchases cheap food because of the crisis
Date: 2009-08-24 00:04:00
The total turnover of the own branded products of the supermarket chains reached more than 165 billion HUF in the first six months of 2009 – states Nielsen market research...
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Ninety percent use Internet before shopping
Date: 2009-08-24 00:03:50
According to the survey of Google; almost 90 percent of the Hungarian consumers are using the internet before buying a product. About half of the users are browsing on price...
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