Market News
Peach flavour taking the lead in terms of quantity
Date: 2009-04-05 08:00:00
According to the Nielsen Retail Index, sales of fruit juice stagnated at slightly over HUF 46 billion in 2008. Sales in terms of quantity were down by 5 percent in...
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Sales still not dropping in terms of quantity in Spain
Date: 2009-04-05 08:00:00
Spain is one of the leading European markets, with 45 million consumers. In the fourth quarter of 2008, it was still one of the ten European countries where no drop...
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Higher quality PET for fruit juice
Date: 2009-04-05 08:00:00
Though consumption of fruit juices dropped last year, strong brands were not particularly badly hit, because consumers appreciate innovations even in cheaper segments. Owing to increasing price consciousness, the time...
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Retail sales down almost everywhere in Europe
Date: 2009-04-05 08:00:00
According to an Eurostat estimate, retail sales continued to drop in the EU in December 2008. Sales were down by 0.8 percent in the EU-27 countries on average and by...
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Chains of small stores increasing their market share
Date: 2009-04-05 08:00:00
According to data from the GfK Hungária ConsumerScan, decline in the market of fruit juices continued in 2008. Growth was recorded only in the nectar segment. Sales in terms of...
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Increasing gap between active and retired households
Date: 2009-04-05 08:00:00
According to KSH data, per capita consumption of food in households was nearly HUF 153, 000 in 2007, while peer capita consumption of alcohol-free beverages was over HUF 14,000. These...
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What crisis can be good for
Date: 2009-04-05 08:00:00
Crisis is a bad thing but also holds some possibilities. Probably the most important of such possibilities lie in human resources. This is when our commitment, team spirit and ability...
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Shiny teeth – preferably with promoted products
Date: 2009-04-05 08:00:00
Experts believe that mouth hygiene is still behind Western standards in Hungary, which means there is still room for development. Brand loyalty is low in the mouth care market, with...
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Detectable drop in retail sales
Date: 2009-04-05 08:00:00
Retail sales were down by 3.9 percent in December 2008, compared to December 2007. The year on year drop was 2.1 percent in the above period. Retail sales totalled HUF...
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At least 25 thousand consumer-protection check-ups this month
Date: 2009-04-03 14:22:00
Provider sectors, especially those involved in tourism are about to face yet another surge of consumer protection-control between the interval of 1st and 30th April. The major emphasis of these...
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Spanish-Hungarian business relations to be strengthened at trade-show in Madrid
Date: 2009-04-03 04:23:56
It is the first time that Hungary as an exhibitor took part in the Madrid-based Salón Internacional Del Club De Gourmets trade-show, between 30th March and 2nd April. Wines from Tokaj,...
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Chocolate-industry is not at all touched by the crisis
Date: 2009-04-03 03:14:12
In spite of the deplorable economic conditions, chocolate-factories seem to profit from the crisis. Chocolate-manufacturers have managed to produce a 7 percent increase of yield in Germany, while American sales reports...
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Baby food experiencing the largest sales growth in the speciality food market
Date: 2009-04-03 02:04:12
Baby food experienced the largest sales growth in the specialty food market between 2006 and 2008, according to National Association for the Specialty Food Trade. Specialty baby food generated $58 million...
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A 20 percent decrease of oilseed products
Date: 2009-04-02 21:43:00
Oilseed production is expected to decrease by approximately 20% in the 2009/2010 marketing year partly due to an expected decrease in sunflower seed area and lower yield. All major oilseeds...
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Increasing price of living pig and import-competition getting stronger
Date: 2009-04-02 21:37:00
Moreover, there is an increase of meat-prices and the prices of meat products, and import-competition is getting stronger and stronger. The annual Easter-time meat-breakfast organized by the Hungarian Meat-Industry Association...
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Energy-drinks appear to be crisis-resistant
Date: 2009-04-01 20:52:00
In spite of the crisis, a bustling trade can be seen in the energy-drink retail-sphere. Retail volume faces a 31 percent expansion value-wise, whereas a 42 percent increase when it...
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Food sales price grow by 2.8%
Date: 2009-04-01 05:27:02
According to Central Statistic Office Domestic sales prices of industry rose by 2.4% in February 2009 compared to the previous month and were 6.6% higher than in February 2008. ...
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The latest downgrade may have serious consequences for the market
Date: 2009-04-01 04:28:44
Hungary's sovereign debt is just a step away from falling to junk status, after the latest downgrade by Standard & Poor's, American business magazine Forbes pointed out on Tuesday. S&P...
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Keeping stores close would save more workplaces
Date: 2009-03-31 19:44:00
Fewer workplaces were forced to close if stores would not open on Sunday – the trade union of commercial clerks (KASZ) claims. SZ-president József Sáling pointed out that keeping stores...
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Europeum at Blaha square Budapest
Date: 2009-03-31 05:37:39
Real-estate developer ABLON plans to open a new shopping centre called Europeum in the busy Blaha-area by late 2009. Blaha Lujza square keeps a busy traffic of 300 thousand people...
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More Hungarian food in the shops
Date: 2009-03-31 05:18:00
Starting from 30t h June at the latest, 80 percent of sold food-products in Hungarian stores is supposed to be of Hungarian origin, Agricultural minister József Gráf mentioned now that...
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Brands love mommy-bloggers
Date: 2009-03-31 04:13:25
Mommy-bloggers can easily become the big fishes of online marketing in the near future. As a matter of fact, mothers are top-consumers: they are responsible for $2.1 trillion of...
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Online Retailers getting more popular
Date: 2009-03-31 04:06:52
If current trends continue, online retailers could outstrip the popularity of high street giants, according to TNS Worldpanel. In its annual top 10 list of the favourite retailers in...
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Expectations hit bottom again
Date: 2009-03-30 09:13:32
According to the survey conducted by GKI Economic Research Co. (www.gki.hu) with the support of the European Union, neither businesses nor consumers have ever been as pessimistic before as this...
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V4 commercial ethical code is about to come
Date: 2009-03-30 08:55:34
The Agricultural Chambers of V4-countries agreed to take steps against dishonest merchants jointly, at the V4-conference in Debrecen organized by the Hungarian Agricultural Chamber. The V4 Agricultural Chambers have taken...
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Even 20%-profit increase available with data analysis methods
Date: 2009-03-30 08:46:03
Firms with an outstanding performance use analysis techniques five times more frequently than weaker companies do. Surveys justify that a carefully-planned analysis toolbar and the exploration of deeper contexts...
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'Young Enterproneurs of the Future' were awarded
Date: 2009-03-27 11:59:39
Dreher Brewery submits the talented youngs with all together HUF 6 million and with half year free of charge advises in realisation of entrepreneurship. It was the third time...
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Carrefour opens first store in Bulgaria
Date: 2009-03-26 21:24:28
With a sales area of 8,300 square metres, the store offers over 50,000 SKUs, including 3,500 Carrefour own-branded products. Carrefour opened its first store in Bulgaria on 25 March in...
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Retail of clothes is bipolar
Date: 2009-03-26 16:06:00
Last year an average Hungarian family spent HUF 108,500 for clothes and shoes. Most of them for overclothes. According to FashionScope research by GfK Hungary customers used both pole of...
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Investigation into retail prices
Date: 2009-03-25 05:30:26
A report by EU Parliament's Agriculture Committee calls for a Europe-wide investigation into retail prices, a database of food prices to be set up to allow comparison and a telephone...
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