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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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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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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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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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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Better educated wine consumers

Consumers of wine are changing, or developing or getting easier to influence – depending on the way we look at them. Changes are slow, but apparent. Today’s wine drinkers want...

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Body care segment developing with improving hygiene culture

Body care products include those intended for daily hygiene and those intended to improve the condition of our skin. In both categories, manufacturers are trying to get consumers to use...

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Highest price rise for cooking oil

Consumer prices rose by 0.1 per cent on average in June, and were up by 6.7 per cent compared to June 2007. Food prices were down by 0.4 per cent...

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Innovation in wine

When the consumers of wine change, wine itself needs to change. But is wine changing, or is the product changing? Wine is not a product before it is packaged and...

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Mouth care brands focusing on special needs

The weakness of Hungarian mouth care culture is well illustrated by the single toothbrush used by consumers per year. In countries with an insurance-based healthcare system, the insurance company only...

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Promising growth in food export

Both export and import grew at a faster rate in April 2008, than in the preceding three months. Exports were up by 24 per cent, while import increased by 18...

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History of BiB packaging

Bag in box packaging was patented and first used by Thomas William Carlyon Angove from South Australia. It was intended to replace large (2-5 litre) glass bottles. The original patent...

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Prices and quality both important to mothers

Some products, like for example diapers, are essential in baby care. According to Ildikó Kardos brand manager of Libero, the history of disposable diapers goes back to the 1950’s. While...

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Parent, media, friend

According to research by GfK LHS HealthCare, parents, the media and friends have the largest influence on the dietary habits of children in primary schools. According to 34 per cent...

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