Market News
Record growth for UK's discount retailers
Date: 2008-07-25 00:00:00
According to TNS Worldpanel, discount retailers now account for 5.9pc of all grocery spending in Britain. Aldi grew its market share by 19.5pc to 2.9pc over the period, while Lidl's...
Read more
Safety of cloned animal products uncertain
Date: 2008-07-25 00:00:00
The European Union's top food safety agency (EFSA) said cloned animal products may not be safe and further study was needed. In March 2007, the European Commission — the EU's...
Read more
Retail decreased in Mai
Date: 2008-07-25 00:00:00
According to calendar adjusted data, the volume of retail sales decreased by 1.6% in May, and by 2.4% in the first five months of 2008 compared to prior-year levels. ...
Read more
Britons bought more in Mai
Date: 2008-07-25 00:00:00
The highest increases were observed in the United Kingdom and Lithuania, and the largest decreases were in Spain, Latvia and Estonia. According to a Eurostat first estimate, in May...
Read more
Snack firms pledge obesity fight
Date: 2008-07-25 00:00:00
More than £200m has been pledged by several food and drinks companies, including Coca-Cola, Kellogg's, Mars and Nestle, in a bid to tackle obesity. The funding comes amid a plea...
Read more
A Petrol Price War on Supermarket Forecourts
Date: 2008-07-24 00:00:00
Morrisons began by slashing both unleaded and diesel by 4p a litre, Asda responded by cutting up to 3p a litre off both fuels at all its forecourts. The...
Read more
Dairy Farmers Plan Demonstrations in August
Date: 2008-07-24 00:00:00
The farmers are discontent with the nowaday's supply price of milk. From year's beginning it droped almost 20%, forexample because of cheap milk prices of the supermarket chains. Dairy...
Read more
Record food safety warnings from EU
Date: 2008-07-24 00:00:00
According to the annual RASFF report released by the European Commission, a total of 7,354 warnings of risks to human health from food and animal feed were sent to the...
Read more
Arabica Coffee Prices to Rise
Date: 2008-07-23 00:00:00
Arabica coffee futures are expected to rise by the end of the year, boosted by a weak U.S. dollar and the prospect of a cyclically smaller Brazilian crop in 2009/10,...
Read more
First of all Parents and Ads Influence Kids' Culinary Habit
Date: 2008-07-23 00:00:00
According to GfK's HealthCare research the questioned health visitors said the culinary practice of 6-14 years old children depends on the family and the advertisments. The research company asked 100...
Read more
Toll for rice in Vietnam increase price not only outside of the country
Date: 2008-07-23 00:00:00
After a government decision exporters have to pay USD 30-176 customs per tons. Vietnam has exported 2.54 million tonnes of rice since the start of this year, up two per...
Read more
Retail Sales Up 15% in Russia
Date: 2008-07-23 00:00:00
According to Rosstat, the Federal State Statistics Service in H1 Retail sales in Russia were up 15.2% year-on-year to around $269bn. Sales in June itself were up 13.8% to over...
Read more
GDA Labels Gaining Ground Throughout Europe
Date: 2008-07-22 00:00:00
European food and drink producers, large and small, are actively implementing a voluntary nutrition labelling system based on Guideline Daily Amounts (GDAs), new, independent research reveals. The representative survey of...
Read more
Eiscream sales grow in Hungary
Date: 2008-07-22 00:00:00
According to Nielsen Research Retail Index the market of cold sweeties increased in volume and value. The whole market is HUF 17.5 billion. Between June 2007 – Mai 2008 25...
Read more
Feak Shoes in Value of HUF 345 Million
Date: 2008-07-22 00:00:00
11,000 pair of feak NIKE and Canvas shoes were found on a freight train entering to Hungary yesterday by Kelebia. The Customs Office arrested the goods. The train arrived...
Read more
The on-line sales of FMCG products is in its infancy in Hungary
Date: 2008-07-21 00:00:00
According to E-Shopping Report 2008 the Hungarian net shoppers buy first of all technical equipments (38%), DVD (36%), movie, theater and airtickets (12%). Only 15% of daily net users bought...
Read more
Hypermarkets Spirits Small Shops Away
Date: 2008-07-21 00:00:00
The number of small Hungarian settlements without any retail stores doubled in the four years prior to 2007. According to specialist there is a strong concentration on the food...
Read more
GKI competitiveness index rises slightly
Date: 2008-07-21 00:00:00
Economic think-tank GKI's Business Climate Index (UX), a gauge of sentiment at 1,500 businesses in Hungary, declined 15.6 points to 33.8 in the first quarter of 2008. The business-climate index...
Read more
Agreement between Auchan and the Growers
Date: 2008-07-18 00:00:00
Leaders of the hypermarketchain promissed not to buy watermelon under HUF 30. Suppliers must to show the documents of origin and the spraying register. From today the outdoor ads...
Read more
Consumers don't Understand Contactless Credit Card Technology
Date: 2008-07-18 00:00:00
Only 3% of the population is familiar with contactless technology. After reading an explanatory paragraph about contactless payments technology, consumers were 7 times more likely to want a contactless card...
Read more
Low Marketing Budget at Hungarian Firms
Date: 2008-07-17 00:00:00
Altough the role of the marketing is year to year more important in companies' life, but it isn't traceable in the companies' decision structure or in financial protection of the...
Read more
Record Low Shows DATAWATCH ZEW
Date: 2008-07-16 00:00:00
The ZEW index dropped to -63.9 in July from -52.4 in June, declining for the fourth month in succession and setting a new record low for the series. The...
Read more
In May 2008, the industrial gross output increased by 4.7%
Date: 2008-07-16 00:00:00
The volume of the production was higher by 6.9% in the first five months of 2008 than in the same period of the previous year. The volume of industrial production...
Read more
Retail ventures are stain on liquidity
Date: 2008-07-16 00:00:00
According to Coface Hungary the number of proceeding because of insolvency grow by 13% in the first half of 2008 in Hungary. The most insolvency proceedings, starting this year, stem...
Read more
(HU) Nem kell termékdíjat fizetni az újratölthető palackok után
Date: 2008-07-16 00:00:00
...
Read more
The financial crisis is confirmed in Europe and is spreading
Date: 2008-07-15 00:00:00
Coface has reduced Spain, Estonia, Latvia and placed Portugal, Denmark, South-Africa and Vietnam under negative watch. In Europe, the financial crisis is dragging Spain down, which is pulling Portugal...
Read more
Season starts with scandal
Date: 2008-07-14 00:00:00
Auchan offered watermelon by HUF 49, what is a dumping price – said the growers, who protested with gushing a ton of watermelon in front of the an Auchan store....
Read more
Almost 7% inflation in the first HY
Date: 2008-07-14 00:00:00
In June 2008 consumer prices rose by 0.1% compared to the previous month and increased by 6.7% compared to June 2007. In June 2008 compared to the previous month food...
Read more
German Anti-Cartel Office Fines Cosmetic Firms
Date: 2008-07-14 00:00:00
Germany's Federal Cartel Office has fined the German units of nine cosmetics companies including Chanel and L'Oréal a total of almost 10 million euros for sharing strategic information. Individual fines...
Read more
Simplified EU Rules for Authorising Food Additives
Date: 2008-07-11 00:00:00
The European Parliament has adopted a legislative package that will see products containing any of six artificial colours labelled with a health warning. The decision to put a warning on...
Read more