Market News

Celebs help Children Food Service Foundation

On frame of„ Eating well week” several Hungarian celebs – from primadonna Marika Oszvald, to DJ Tibor Dévenyi – work in 9 restaurants in the capital. The partizipant pubs and...

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Big Brother's cafe watches you eat

$4.5 million Restaurant of the Future is run by scientists of Wageningen University and Research Center, working with Sodexo, an international catering firm, and the Noldus software company, to answer...

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British Families Nearly Ł600 A Year Worse Off

In spite of an average Ł20 weekly increase in earnings, a typical British household had 7.4% less disposable income. A study says that an essential basket of weekly goods, including...

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Conference about the Teen Hungarian customer

It is the first case, that specialist make conference about the consumption of youth under 18, in Hungary. On 1. October marketing sages go to the Magyar Telekom headquater.  Teen...

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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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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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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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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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Promo using PDA

PDA-s have been issued for the sales team of Promo Power Trade Marketing Ügynökség. The software has been developed with regard to the special needs of their clients. The 20...

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Still not enough knowledge

According to Otília Dörnyei, director of Gfk, dietary preferences are slowly changing, with a shift towards healthier food. Unfortunately, when money has to be saved, consumers economise on healthy food...

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The power of strawberry

Prices of agricultural products were up by 31.5 per cent in May 2008, compared to May 2007. The average price of plant products was up by 38.3 per cent, while...

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Cooperatives keeping pace with modern commerce

At present, fifty production and sales cooperatives are active in Hungary. Merchandise is supplied by their members (primarily fruits and vegetables) and delivered without the participation of intermediaries.Mórakert – this...

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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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