Market News

Growing demand on instant 3 in 1 coffee

According to Nielsen research comapany, the coffee consumption grow in value by 8% between August 2007 and July 2008. The total sales was HUF 46 billion.  Coffe is one of...

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Motor Trades Rose Retail Sales in Ireland

In July Retail sales volumes rose by 2.3% month-on-month (m/m) in July, according to seasonally adjusted data from the Central Statistics Office (CSO).  This marked the first increase in retail...

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France to impose a 'picnic tax' on plastic

France is to impose a “picnic tax” on plastic cutlery and plates as part of a drive to cut down on waste, but the unlikely levy has stuck in the...

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The domestic sales of manufacturing grew slightly

According to Hungarian Central Statistic Office in July 2008 the industrial gross output increased by 0.6% compared to July 2007, the index adjusted by working days declined by 1.8%.  The...

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Price increase at poultry and milk was over average

In July 2008 the producer price level of agricultural products was 12.3% higher than in July 2007. More specifically, the price level of crops and horticultural products increased by 8.1%...

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Price increase at cooking oil, rice and milk

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...

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Dynamic growth at poultry stock

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...

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The business environment improved in Hungary

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...

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Ghana wants to increase its cocoa growing by 30%

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...

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HUF 5 million penalty for Rossmann

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...

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GM soya bean – Yes for import but not for growing

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,...

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British families are hard hit by food price rises

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...

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78% of the export goes into the EU

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...

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In H1 supermarkets grow their marketshare

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...

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The high agriculture production grow the GDP

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...

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New statutes for the association of canned maize manufacturers

A new statutes was accepted by the Association of European Canned Maize Manufacturers at its general assembly held in Budapest on 18. June. The mandate of the chairman has been...

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Cleanliness is not enough

Products related to washing are the largest category among chemical products. The assortment of such products has become confusingly wide for consumers… According to Ágnes Benke, from EVM Zrt, the...

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Water melon cheap and early

Trends in the world market of meat and poultry are monitored by Agricultural Business Research Institute (AKI). Data from the price and market information system of KSH and AKI can...

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Packaging in three steps – part 3: illustrating flavour

Many types of illustrations exist in many styles and with many different purposes. Illustrating flavour is a relatively new development. This modern method is barely 50 years old. Even at...

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Strengthening organised wine trade

An increasing quantity of wine is sold in the major retail chains. In the June 2007- May 2008 period, sales were up by 3 per cent in terms of quantity...

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Brands are strong among washing powders

According to data from the ConsumerScan of GfK Hungária, the quantity of washing powder sold in the first third of 2008 shows stagnation, compared to the same period in 2007,...

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Deficit lower than planned

According to a forecast by GKI Gazdaságkutató Zrt and Erste Bank, both the internal and external balance of payments are expected to show significant improvement this year. Real incomes are...

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New generation advertising messages on TV2

The recently established TV2 Brand Care group and the spot types developed by them were the topics of a roundtable discussion held in June. In recent years, TV2 has been...

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Let’s have a festival!

Wine competitions and festivals are becoming synonyms, though the two things are quite different, as their purpose and form is quite different. 300 wine competitions are held in Hungary annually....

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The well known Clorox

brand represent quality in the eyes of consumers. Product debvelopment is driven by market trends and feedback from consumers. It is very important for us to keep the confidence and...

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