Market News

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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Hungarian origin increasingly important

The freshness and good quality of products continue to remain the primary considerations for consumers, while price remains the second most important. According to the GfK Hungária Shopping Monitor and...

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Lemon ice tea becoming even more popular

According to the GfK Hungária ConsumerScan, growth of the ice tea market continued both in terms of quantity and value in the first quarter of 2009. The market was still...

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Fewer guests in the beginning of the year

The number of foreign guests served by commercial accommodation providers was down by 19 percent in January-March, compared to the same period in 2008, while the same number for domestic...

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Annual sales approaching HUF 40 billion

Retail sales of household paper products were up by 8 percent in terms of value in the March 2008-February 2009 period, compared to the previous year. Retail sales totalled more...

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Price rise in the food industry

Domestic industrial prices were down by 0.7 percent in February 2009, compared to January and up by 4.6 percent, compared to March 2008. Industrial export prices were up by 12.2...

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Innovation apart from price might also be a guarantee of the future

Paper tissue has been the most dynamically growing segment in the domestic market of household paper products in recent years. Dry tissue is used for removing wet and greasy stains...

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Food retail still dropping

Retail sales were down by 3.2 percent in February 2009, compared to the same month in 2008 and by 0.5 percent, compared to January. Retail sales totalled HUF 958 billion...

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Who is going to have the biggest slice?

Postal service providers are going to fight hard for control of the under 50 gram segment from 2013. We want to take advantage of our exceptionally wide range of services...

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Shower gel improving it position in the top 5

Retail sales of shower gel were up by 5 percent in terms of value in the March 2008-February 2009 period, compared to the preceding year, with sales exceeding HUF 14...

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Food prices dropping except for seasonal ones

Food prices were up by 0.4 percent in April, compared to March. Seasonal prices like potato, fresh vegetables and fruits rose. The same happened to sausages, chocolate and poultry. The...

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In May, the first time in a nine-month period the economic index of GKI has been improved.

The seasonally adjusted values of the GKI consumer confidence index has been appreciably increased after last October’s fall and April’s stagnation. According to the survey of GKI Economic Research Co....

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Every third Hungarian purchases in small stores

According to the datas of GfK Hungária, the long-term change in consumer habits, seems to strengthen due to the economic crisis. The number of high rate shopping has been decreased,...

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The European Commission to examine food shop prices

It is observed in many European countries that the decrease in prices in the food market does not follow by a decline in consumer prices. While a large number of...

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Retail trade turnover has been decreased in March

The volume of retail sales decreased by 3.6 percent in March, and declined with 3.2 percent in the first quarter compared to the same period of previous year – states...

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The small meat-processing companies are in hopeless situation

Those domestic meat industries can survive the crisis whivc has own raw material production, has significant opportunities for domestic sales, and has export markets. The smaller companies working with imported...

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Economic Competition Authority inspects the ethical code of food

The ethical code of food was signed by a number of professional organizations and associations in mid-April. The ECA started an inspection because of the suspicion is that there is...

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IFO index has improved, but not enough

The IFO index reflecting the business mood in Germany increased to 84.2 points in May however, the improvement is less than the expected 85 points. he participants of the survey...

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Ghost malls in the United States

The huge shopping malls established in the 50’s – which are the basic institutions of American consumer society – are empty, their number is decreasing. The groups operating the shopping...

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Cheaper loans for small and medium enterprises

Government will allow small and medium-sized businesses to obtain government guarantees 25 percent cheaper, if they do not exceed the amount of credit last year's personal efforts. New chapters have...

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Pessimistic forecast of the Ministry of Finance

According to the forecast of The Ministry of Finance, the private consumption decreses with 6-7 percent, exports decreases with 15 percent this year due to the deepening global economic crisis....

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The world's grain production will be lower than last year

This year, 5.7 percent less wheat will grow on Earth, compared to 2008. The expected total weight will be 651 million tonnes. Accordingly, the prices are rising moderately – reports...

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During purchasing we take care about packaging

According to the investigation of HUMUSZ, the majority of consumers believes that there would be a need of refilled drink packaging the need for the collection of discarded packaging. It’s...

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