Market News
We bought more fondant candy in 2008
Date: 2009-09-27 08:00:00
According to GfK Hungária’s ConsumerScan, in October 2008-January 2009, Hungarian households bought more fondant candy than a year before; the increase was 4 percent in terms of volume (meaning that...
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Supermarkets recuperate in the first six months
Date: 2009-09-27 08:00:00
A report by GfK Hungária on retail in Hungary in the first half of the year reveals that households bought significantly less in volume. The supermarket channel expanded healthily, it...
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Beautiful and hardworking
Date: 2009-09-27 08:00:00
Toyota believes that a workplace can be comfortable, what is more, it should be comfortable. Image does matter in business, therefore Dyna is not only practical but good-looking and stylish...
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Hungarians economise differently than the rest of the world
Date: 2009-09-27 08:00:00
While in the United States and Europe consumers try hard to save money by looking for cheaper products, Hungarians buy less of the same daily consumer goods, according to a...
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Thriftiness fuelling activities
Date: 2009-09-27 08:00:00
Cheese is one of the categories where thriftiness has driven consumers to turn to cheaper products and distribution channels, resulting in growth for discounts and private labels. Average prices were...
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Retail volume sales decrease all over Europe
Date: 2009-09-27 08:00:00
According to an estimate by Eurostat, in June 2009 retail sales continued to shrink in terms of volume: in the EU-27 by 1.7 percent, in the Euro zone by 2.4...
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Less cheese consumed than a year ago
Date: 2009-09-27 08:00:00
According to data from GfK Hungária ConsumerScan, practically all segments of the cheese market showed decline last year. Hyper markets and super markets remained the primary distribution channels. Sales in...
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Share of import significantly lower in Hungarian retail chains
Date: 2009-09-27 08:00:00
The future of agriculture and the food industry depends on Hungarian consumers: on their decision whether to buy domestic or foreign products – researchers of Agrár-Európa Tanácsadó Kft. and Kopint-Tárki...
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Dishwashing liquids and hair dyes increased the most
Date: 2009-09-27 08:00:00
According to Nielsen, household chemical and cosmetics retail sales grew by 3 percent, approaching an annual HUF 300 billion in July 2008-July 2009, compared to the same period a year...
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Shrinking export-import activity
Date: 2009-09-27 08:00:00
In January-June 2009, the volume of export and import was down by 20 and 25 percent, respectively, compared to the same period in the previous year. Foreign trade balance was...
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Specialised products successful among detergents
Date: 2009-09-27 08:00:00
Those who buy detergents make a strong distinction between cheap and expensive products. Those who look for premium quality buy Ariel and Persil. In the medium price category, we find...
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A slight price increase in the food sector
Date: 2009-09-27 08:00:00
According to a report by KSH, domestic sales prices in the food sector decreased by 1.3 percent in July, in comparison with June. In a 12-month comparison, sales prices in...
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Customers are looking for actions and visiting shops rarely
Date: 2009-09-25 00:04:01
According to Nielsen market research company; consumers are visiting shops rarely; more and more people are looking for cheaper goods and discount shopping opportunities. The growth of the popularity of...
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London and New York in the lead, Budapest is the 74th in the ranking of business centers
Date: 2009-09-25 00:03:55
London and New York remain the most competitive business centers of the world. The score of Budapest has improved, but its ranking became worse, due to the improvement of the...
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FAO: in the next 40 years, 70 percent more food will be need
Date: 2009-09-25 00:03:30
According to United Nation’s Food and Agriculture Organization (FAO); Seventy percent more food should be produced worldwide, until 2050. The FAO expects that the global population is expected to grow...
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The first “Pannon Wheat Quality” certificate was handed over
Date: 2009-09-25 00:03:00
The “Pannonian wheat” trade mark was established in July, by the National Association of Cereal Producers (GOSZ), to indicate the extra quality wheat. The first certificate was given to the...
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Stock orders in the euro area are over expectations
Date: 2009-09-25 00:02:00
According to the report of Eurostat, the new industrial orders of the euro zone increased in July, surpassing expectations, that shows a recovery in activity and the easing of recession....
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The situation of dairy producers has improved a bit
Date: 2009-09-25 00:01:40
According to the latest report of Agricultural Economics Research Institute (AKI); In August, for the first time this year, even if a very small extent, but the domestic milk prices...
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Christmas shopping already started
Date: 2009-09-25 00:01:05
It is just the end of the summer, but chains are preparing for Christmas, due to the economic crisis and under the pressure of the changing consumer habits. The latest...
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GKI economic forecast for 2009-2010
Date: 2009-09-24 00:04:58
According to the summer data of GKI Economic Research company, the greatest economic crisis of the last 70 years has ended. However, the magnitude and the sustainability of improvement are...
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Retail declines from every point of views
Date: 2009-09-24 00:03:30
In July, the retail sales fell by 2.2 percent compared to June. Compared to July 2008, by 6.6 percent. In the first seven months of 2009 a 3.7 percent decrease...
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Face analyzer program for commercial purposes
Date: 2009-09-24 00:02:40
The software is suitable for the analysis of consumer behavior, research for marketing renewal and the precise targeting of target groups. The new technology is able for the support proactive...
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Seventeen and a half billion HUF for small and medium-sized enterprises
Date: 2009-09-23 00:04:12
The National Development Agency will announce the second time this year, the Economic Development Operational Program, and the Central Hungary Operational Program applications for the development of technological basis of...
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Retail sales can be expanded by 20 to 44 -year-olds
Date: 2009-09-23 00:03:45
According to the new analysis of Research and Markets, Irish market research company; Hungarian retail sales turnover may expand by 13 percent between 2008 and 2013. According to the company’s...
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Széchenyi: Hungary will be
Date: 2009-09-23 00:03:00
The 120 thousandth Széchenyi card was ceremonially handed over. This high number also shows that appropriate means should vote in confidence, to the Hungarian companies. Up to date, outsourcing capital...
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According to the Chamber of Agriculture; the crisis widened
Date: 2009-09-23 00:02:35
There's a big problem in agriculture: the economic crisis now really reached the industry, which is compounded by the almost a complete shutdown of credit and a full product depression...
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Váci Street slipped back in the rankings
Date: 2009-09-23 00:02:00
According to a recent analysis; New York's Fifth Avenue remained the most expensive shopping mall in the world. Váci Street of Budapest slipped back four places in the rankings. New...
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Growing numbers of bankrupting meat companies
Date: 2009-09-22 00:04:25
More than a hundred meat companies’ liquidation was started in August. Since last October, more and more larger companies are wound up, leaving a growing number of unemployed and unpaid...
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Individual companies can be established from January
Date: 2009-09-22 00:04:00
New company types, limited or unlimited liability individual firms will be introduce by the proposal of the Ministry of Finance, which is available on the website of the Parliament. From...
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Point collecting cards become more popular
Date: 2009-09-22 00:03:59
The declining consumption due to the crisis, started an expansion on the market, of point collecting and loyalty cards. A number of smaller companies have also ventured into the point...
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