Market News

Hungarians Drink the Traditional and Cheap Beer Brands

The beer consumption is since years stabil 82 liter/person/year. Last year the non-alcoholic beer segment grow by 16%.  Altough the raw material, producing costs and the tax increased faster as...

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Industrial gross output increased in March

According to Central Statistic Office the output grow by 1.9% compared to March 2007, the index adjusted by working days rose by 4.3%.  The volume of the production was higher...

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The Balkans undergoing the most Dynamic Transition

The international consumer survey SHOPPING MONITOR CEE 2008 has revealed the growing popularity of the modern retail formats, in particular hypermarkets and discount stores. The most popular chains are Tesco...

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New rules at tax stamps from July

According the new regulation the tax stamps user have to give daily supply of data, so the authorithy can follow the produc from manufacturer to the retailer.  The new tax...

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Fake products on Jozsefvarosi market in value of HUF 18 million

According to speakerman of Hungarian Customs and Finance Guard the specialist of the authority found 1100 pair of sportshoes, 800 clothes and more hunderd of sunglasses with fake brand sign....

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Americans eat a lot of GMO products

Most packaged and processed foods do contain genetically modified ingredients, the labels don't have to say so.  According to a recent CBS News/New York Times poll, 53 percent of Americans...

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Fast increase at food price

In April 2008 consumer prices rose by 0.3% compared to the previous month and increased by 6.6% compared to April 2007.   In the first four months of 2008 the...

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8-10% price increase at food products

According to Federation of Hungarian Food Industries meat industry is at the bottom of food price growth because since last year meat industry couldn't make good the high feeding costs...

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Continous Disquisition about fake Hungarian Honey

The tax and food safety authorities controlled 9 plant, 6 of them must be henceforward spyed. Enzymes and sugar were found in the mills.According to Miklos Suth general veterinary said...

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Small growth at Hungarian industrial output

Hungary industrial output growth retreats to 4.3% yr/yr in March from 9.8% in Feb.  According to Central Statistics Office (KSH) Hungary's industrial output decreased by 2.6% month on month (vs....

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In the face of price increase the buyer of cooking oil is stabil

Last year July one liter cooking oil costed HUF 245, this year in February it grew by 65% and costs HUF 405.  According to GfK Hungary's ConsumerScan research people bought...

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FruitVeb to Campagne for a more Fruit Taste World

The Hungarian Fruit and Vegetable Product Organisation (FruitVeb) want to populize the Hungarian products in Hungary and abroad. The organisation has a HUF 70 million ad budget, the goal is...

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Entrepreneurs want cauntable business environment

The Hungarian Economy is very ill – said Klara Perjes mayor of Gyula – on a business forum of the National Association of Entrepreneurs and Employers in Gyula. On this...

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(HU) Új elnök az ÉFOSZ élén

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Domestic sales prices of the whole industry grew by 10.8%

The highest monthly price increase occurred in manufacturing of refined petroleum products (2.6%) which was mainly due to the price rise of the world market prices of oil and oil...

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Illegal alcohol plant in Hejokeresztur

The employees of Hungarian Costum and Finance Guard found illegal alcohol and materials to make it in value of HUF 17 million.  The family hous worked as an illegal alcohol...

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Retailers unhappy about Polish trading law

The Act imposing tight limitations on large-area retail spaces with a surface area exceeding 400 square metres.  IKEA has held back an overwhelming majority of its investments in Poland due...

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„Organic” products from discounts to shops with fake label

The abuser company bought cheap products at hypermarkets and relabel them, after that sold it as „organic” products to several stores in Budapest and Pécs. In Hungary only products controlled...

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US consumers attitude to change

Everyone is looking to save by altering where they shop, how they shop and the brands they buy – according to AC Nielsen US.   Since March 2007, according to...

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Top categories in store types

According to data from the Retail Index of Nielsen, the market share of hyper markets and super markets increased in the food market in the February 2007- January 2008 period....

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Mosquitoes dominating the market of pesticides

As a result of last year’s warm and dry weather, with hardly any mosquitoes, sales dropped in the market of pesticides and insect repellents by 5 per cent in terms...

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Drastic rise in price of rice

The price of rice has produced a rise of 70 per cent in the last three months. Mihály Bencs, the managing director of Riceland Magyarország Kft, has explained the latest...

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Improving confidence index for KKV-s

The business confidence index among predominantly Hungarian owned enterprises was up to 97,8 per cent in the first quarter of 2008. No further restrictive measures are anticipated....

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Fighting insects on all levels

Sales of pesticides and insect repellents total nearly HUF 3,5 billion annually. The category shows constant growth over longer periods, with dynamic expansion in the tick repellent segment. The season...

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Satisfied Austrians, in high concentration

According to data from the Austrian subsidiary of Nielsen, food sales showed growth of 3.4 per cent last year, compared to 2006. As the inflation rate was only 2.2 per...

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