Market News
Nearly half of the investments came to Budapest
Date: 2010-03-25 00:03:25
46 percent of investments of the country, came to Budapest last year, in addition the concentration increased in the last two years. The per capita investment was 823 thousand HUF...
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Retail sales: decreased by 5.5, increased by 0.6 percent
Date: 2010-03-24 00:08:02
The retail sales datas of January 2010, adjusted from the calendar effect, decreased by 5.6 percent, compared to the same period of last year, but rose by 0.6 percent, compared...
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Easter ham traffic remained stable
Date: 2010-03-24 00:07:12
Consumers continue to purchase Easter ham. Retail sales increased in value by 5 percent, in quantities by 1 percent last year in the March-April season, compared to the previous year's...
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Decreasing trade – increasing black economy
Date: 2010-03-24 00:06:11
According to the Central Statistical Office; trade sales in January were less than a year earlier. Due to the decline last year, this reflects a very negative consumer market –...
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Decreasing expectations in wages
Date: 2010-03-23 00:08:55
According to Workania.hu web job site; the expectations of job searchers fell to 166,700 HUF for an average wage in 2010, while in 2009, the expected to average wage was...
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The 102nd Social Store opened in Dombóvár
Date: 2010-03-23 00:08:12
At the weekend the 102nd social store opened in Dombóvár. In the retail network – that was the initiative established by MAGOSZ – the fruits, vegetables basic foodstuffs of Hungarian...
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Last year a 30 percent decrease in sales of processed fruit occured
Date: 2010-03-23 00:07:15
According to the president of the Hungarian Fruit and Vegetable Interprofessional Organisation and Marketing Council (FruitVeb) less fruit is expected this year than in 2009, although last year, the sector...
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The first self-service warehouse opened in Hungary
Date: 2010-03-23 00:00:08
Nearly for 50 years, a large part of Americans do not store unnecessary stuff at home, rather in self-service stores. In the specially-built warehouses anyone can rent storage place. The...
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Organic food products cope with the crisis rather well
Date: 2010-03-22 08:00:00
Market researchers say that in most countries the crisis did not decrease the demand for organic products. However, Hungarian retailers say the growth has stopped. In Europe’s leading ‘organic states’...
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Energy drinks are getting stronger in small shops too
Date: 2010-03-22 08:00:00
Nielsen’s data indicate that the ‘crisis mood’ does not have an impact on energy drinks yet. The category changed significantly in the past 2-3 years, the dominance of premium brands...
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Hungary on top of the inflation list in December
Date: 2010-03-22 08:00:00
In December 2009, in the EU-27 consumer prices were 1.4 percent higher on average, compared to prices in December 2008. The biggest increase was measured in Hungary (5.4 percent) and...
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Retail done the Asian way
Date: 2010-03-22 08:00:00
It is best to spend the winter where the sun shines and the weather is warm, so in November we decided to start the year in the Far East. Singapore...
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Small spring cleaning
Date: 2010-03-22 08:00:00
The months of crisis slowed down the growth of specialised cleaning products. According to Nóra Szőts, Unilever Magyarország Kft.’s category operations assistant manager, 2009 brought significant changes on the market....
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Plain sweet and household biscuit sales grew in volume as well
Date: 2010-03-22 08:00:00
Sweet biscuit retail sales grew by 6 percent in terms of value, in December 2008-November 2009. Volume sales are stable at 25,000 tons, according to the Nielsen Retail Index. The...
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The crisis brought numerous bankruptcies
Date: 2010-03-22 08:00:00
Earlier forecasts about an economic upturn in the second part of 2010 might turn out to be wrong and the situation is rather volatile – says the director of. Coface...
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Wincor Nixdorf, the stronghold of cutting edge technology
Date: 2010-03-22 08:00:00
One thousand Forints in the cash register is only worth 930 for a food store. The missing amount is the average cost of handling. New CINEO cash management systems, developed...
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Fruit Logistica: price war without winners
Date: 2010-03-22 08:00:00
This year’s Fruit Logistica trade fair was held in Berlin, in the middle of February. German retail prices are going down, especially in the discount channel. There is a price...
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Brand building is rewarding on the biscuit market
Date: 2010-03-22 08:00:00
Sweet biscuits have been developing constantly in the past couple of years. This year growth stalled, but Nielsen’s data indicate that there is no need to panic. Private labels’ dominance...
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Convenience in Europe
Date: 2010-03-22 08:00:00
Which products do consumers prefer, where do they buy them and when do they buy them? The Convenience & Marketing Department of the European Business School in Oestrich-Winkel published a...
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Two minutes ahead of the Chinese
Date: 2010-03-22 08:00:00
– We keep analysing the work processes and looking for ways to improve productivity and to cut costs – says Markus Vüllers, who guides us when visiting the plant. We...
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Everything for the little ones
Date: 2010-03-22 08:00:00
Despite the number of babies born decreasing, the selection of baby products is widening. Krisztina Antal, Nestlé Hungária Kft.’s trade marketing manager is of the opinion that young mothers do...
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Lower biscuit and wafer sales than a year before
Date: 2010-03-22 08:00:00
According to GfK Hungária’s Consumer Scan survey, in the November 2008-October 2009 period Hungarian households bought 11 percent less sweet biscuits than a year earlier. Biscuit selection, honey macaroon and...
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Private labels leap forward
Date: 2010-03-22 08:00:00
When we bought food last year, almost every 4th Forint was spent on private label products – this amounted to HUF 300 billion, according to Nielsen. In the case of...
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‘Sweets resist the crisis’
Date: 2010-03-22 08:00:00
The line cited above is the main conclusion of the Nielsen research – conducted in five countries – that was commissioned by Sweets Global Network, an international sweets trade association...
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Tomato and sweet corn on top
Date: 2010-03-22 08:00:00
In December 2008-November 2009, canned vegetable retail sales augmented by 11 percent in value, but diminished by 3 percent in terms of volume – states the Nielsen Retail Index. The...
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We are looking for promotions more and more consciously
Date: 2010-03-22 08:00:00
Price reductions and promotions are of highlighted importance these days, especially in the case of basic food products – reveals Shopping Monitor 2009/2010, a study by GfK Hungária. It also...
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From the journalist’s Berlin notebook
Date: 2010-03-22 08:00:00
“After Hungary’s accession to the EU we needed three years to accommodate. We learned our lesson and are ready to compete.” (József Gráf, minister of agriculture and rural development) •...
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