Market News

Increasing food exports to Romania

Last year, Romania became the 2nd largest receiver of Hungarian food export. Romania is a 20 million market in the neighborhood. The purchasing power of its population increased, but its...

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Improvement in the corporate atmosphere

Ecostat 's prosperity indexes improved in the past three months among the TOP-100 companies and among the medium-sized enterprises too. Ecostat 's TOP-100 prosperity index of large enterprises increased by...

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The courses of the Hungarian Marketing Association ended with great success

The Hungarian Marketing Association (MMSZ) held a a series of events with the support of the National Development and Ministry of Economy for the domestic small and medium size enterpise...

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The Hungarian Purchasing Manager index increased

The market is dominated by the positive news nowadays so it is not surprising that the Hungarian purchasing manager index joined the large team of indexes with optimistic vision. Following...

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Food prices are falling since last year's peak

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....

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It is time for barbecues

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...

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Drought package from the Chamber of Agriculture

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...

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Descending pessimism in the U.S. manufacturing industry, increasing savings

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...

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The crisis in the European manufacturing industry is softening

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,...

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Descending beer consumption in the last two years

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...

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The number of late loan repayers has been significantly increased

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...

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Marketing against the crisis

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...

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Thee decline in the Hungarian food retail market has been stopped

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...

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The Hungarian economy has been increased in May

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...

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No need to re-authorize the cash registers

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...

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Dry weather is bad for agriculture

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...

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Consumer confidence in the United States is improving

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...

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Save and invest rather than taking up loans

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...

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Bank guarantee program to help food processors

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...

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One of the big loser of the crisis is the meat industry

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...

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Decreasing prices at Slovakian retailers

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...

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Good news from France: In April private consumption has been increased

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...

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Annual sales approaching HUF 40 billion

Retail sales of household paper products were up by 8 percent in terms of value in the March 2008-February 2009 period, compared to the previous year. Retail sales totalled more...

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Price rise in the food industry

Domestic industrial prices were down by 0.7 percent in February 2009, compared to January and up by 4.6 percent, compared to March 2008. Industrial export prices were up by 12.2...

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Innovation apart from price might also be a guarantee of the future

Paper tissue has been the most dynamically growing segment in the domestic market of household paper products in recent years. Dry tissue is used for removing wet and greasy stains...

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Food retail still dropping

Retail sales were down by 3.2 percent in February 2009, compared to the same month in 2008 and by 0.5 percent, compared to January. Retail sales totalled HUF 958 billion...

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Who is going to have the biggest slice?

Postal service providers are going to fight hard for control of the under 50 gram segment from 2013. We want to take advantage of our exceptionally wide range of services...

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Shower gel improving it position in the top 5

Retail sales of shower gel were up by 5 percent in terms of value in the March 2008-February 2009 period, compared to the preceding year, with sales exceeding HUF 14...

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Food prices dropping except for seasonal ones

Food prices were up by 0.4 percent in April, compared to March. Seasonal prices like potato, fresh vegetables and fruits rose. The same happened to sausages, chocolate and poultry. The...

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Five candles

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...

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