Market News

The Hungarian Purchasing Manager index increased

The market is dominated by the positive news nowadays so it is not surprising that the Hungarian purchasing manager index joined the large team of indexes with optimistic vision. Following...

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Food prices are falling since last year's peak

Food prices decreased 2.2 percent globally, since the beginning of 2008. According to the food price index of Economist, prices decreased by 25 percent since the peak last July globally....

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It is time for barbecues

The barbecue season is coming, when the domestic retail trade transacts the bulk of its turnover with special sausages and spices. About 1.3 billion HUF grilled sausage has been sold...

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Drought package from the Chamber of Agriculture

The Hungarian Chamber of Agriculture in order to reduce losses caused by the drought, has submitted proposals to the Agriculture Minister. According to the views of the organisation, the developed...

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Descending pessimism in the U.S. manufacturing industry, increasing savings

In April, the U.S. household savings willingness increased, in May, the value of ISM Institute's purchasing managers index of manufacturing increased from 40.1 points to 42.8 points. The ISM index...

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The crisis in the European manufacturing industry is softening

Eurozone's manufacturing purchasing managers index in rose from April's 36.8 points to 40.7 points in May, slightly above the preliminary estimates. Increasing is indicated by the value over 50 points,...

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Descending beer consumption in the last two years

The economic crisis has reached the Hungarian brewing industry, the total sales of the brewers decresed by 7 percent compared to the results of previous year. According to the informations...

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The number of late loan repayers has been significantly increased

At the end of March 24 thousand companies had their credibility in late, compared to the same period of last year's , 18 thousand – reports MTI. The rate of...

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Marketing against the crisis

Not only the big but also the small and medium-sized companies are also interested in building out and developing its own customer database. The widely used marketing tools can extend...

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Thee decline in the Hungarian food retail market has been stopped

According to Nielsen market research company's analysis of twenty European countries, the Hungarian food retail sales volume of goods remained stable in the first quarter of the year compared to...

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The Hungarian economy has been increased in May

According to the common indicator of Világgazdaság and Ecostat – called the speed-up guide (GYIA) – after the decline of April, the economy increased by 0.33 percent in May. It...

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No need to re-authorize the cash registers

The shops do not need to re-authorize the cash registers because of the increase in VAT and excise tax. A simple parameter modification is enough – stated the fiscal business-leader...

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Dry weather is bad for agriculture

Despite the rain falls of the recent days, 200 millimeters are still missing from the usual amount of precipitation. The dry weather can cause more than 100 billion HUF losses...

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Consumer confidence in the United States is improving

The confidence indicator of Conference Board's the leading market research group increased to 54.9 points in May after April’s 40.8 points. The prior expectation was only 42.3 points. By the...

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Save and invest rather than taking up loans

The economic crisis did not change the financial habits of people, however changed the usage of financial products – states the study of GfK Hungária market Researc Institute. The financial...

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Bank guarantee program to help food processors

The Food Industry Bank Guarantee Program of Hungarian Development Bank (MFB) provides a total of 37.5 billion HUF working capital loan for helping out the businesses. With the 90 percent...

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One of the big loser of the crisis is the meat industry

According to the datas of Optem Company Information Service by mid-May, winding-up proceedings has been started against 73 animal husbandry, meat trading or meat-processing companies, so meat industry is the...

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Decreasing prices at Slovakian retailers

After the chains in Slovakia are already advertised products that are cheaper than in Hungary, the Slovak retailers also began to decrease its prices. In the first quarter of 2009...

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Good news from France: In April private consumption has been increased

Contrary to the analyst expectations the French private consumption increased by 0.7 percent in April. The consumption growth surprised analysts who previously predicted 0.3 percent decline. The growth in April...

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Prices are not the weapons used in the fight for consumers in the grill market

Apart from the general decline in consumption and the colder summer, the expanding selection of marinades and grill brines pose a further threat to the market of grill products. On...

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Less money in our pockets

Gross average income was down by 1.5 percent in the first two months of 2009, compared to the same period in 2008. Real income was down by 4.3 percent. Average...

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Market expanding in terms of both value and quantity

Annual sales of spices, red paprika and flavourings exceeded HUF 18 billion in the April 2008-March 2009 period. Growth was 11 percent in terms of value and 2 percent in...

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Baltic retailers in trouble

According to an estimate by Eurostat, retail sales were down by 3.4 percent in the EU-27 countries in February compared to February 2008. Only Poland and Belgium produced growth, while...

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Green spices bringing diversity into Hungarian cuisine

Diversity in the use of spices is growing but this does not mean the end of red paprika. In fact it is still producing growth in spite of a substantial...

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Waiting for the grilling season

International trends in the poultry and garden product markets are monitored by AKI. According to analysts working for USDA, turkey production and consumption is expected to drop in 2009. In...

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(HU) Több fűszerkeveréket vásárolnak

Sorry, this entry is only available in HU....

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Drop in conjuncture index stopping in April

Following a nine month continuous drop, the value of the GKI conjuncture index finally stabilised in April. According to a survey by GKI Gazdaságkutató Zrt. conducted with the support of...

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Concentration decreasing in sales of ice tea

Retail sales of ice tea were up by 3 percent in the April 2008-March 2009 period, exceeding HUF 14 billion, while sales in terms of quantity were down by 4...

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Proportion of people following a healthy diet stable

According to the latest survey conducted by GfK Hungária about eating habits, practically all foods are consumed less frequently. Traditional dishes and flavours continue to remain dominant. The proportion of...

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Stores can do a lot to boost sales of ice tea

Experts are looking forward to this year’s ice tea season with cautious optimism in spite of the recession. The market of ice tea is still dominated by traditional lemon and...

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