Market News
Euro zone Jan retail sales dip
Date: 2009-03-16 11:16:51
Euro zone retail sales fell more than expected year-on-year in January and were revised down sharply for December in another sign of continued economic recession. The European Union statistics office,...
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The concentration is faster, 1,400 less shops
Date: 2009-03-13 07:05:08
According to Nielsen researches in 20008 December the number of food shops was 19,935, opposite to 2007's year's end result, 21,339 units. Mainly the number of shops under 50...
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Hungarian bougth less consumer durables
Date: 2009-03-13 06:21:22
After a balking year's end in 2007, the trend was unchanged in 2008, the total sales in volume and value was under the previous year's results. According to GfK...
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HUF 26.5 billion record reveneu at TV2
Date: 2009-03-13 06:02:01
'This sales result is the best of our history and we are very proude because it combines with high rate of profit' – said Zoltán Várdy, CEO of the TV...
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EU makes bigger steps to protect consumers
Date: 2009-03-13 03:30:13
Last year 60,000 compaints were lodged to the EU, more than 2,300 legal cases was started because of unfair commercial pratices. 13 March is the European Day dedicated to...
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Sporty sweets
Date: 2009-03-13 02:58:15
With the economic crisis hitting all of sports, the London Olympics got a financial lift through sponsorship deals with Cadbury and Trident. London 2012 chief executive Paul Deighton said it...
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(HU) Szintentartásra volt elég a tavalyi év
Date: 2009-03-12 11:04:34
Gross domestic product of Hungary decreased by 2.3 percent in the fourth quarter of 2008 and by 2.5% when adjusted for calendar effects, compared to the corresponding period of the...
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Export fall extremly
Date: 2009-03-12 10:37:54
In January 2009, according to Hungarian Central Statistical Office's first estimates, exports amounted to HUF 1,172 billion (EUR 4,213 million), while the value of imports reached HUF 1,218 billion (EUR...
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Promotions make people active
Date: 2009-03-10 06:44:00
According to Szonsa Ipsos newest POSTerTEST survey, the promotion ads of retail sector make people more active as the average. The average activition rate of the outdoor campaigns in 2008...
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5,000 pair fake Nike shoes
Date: 2009-03-10 06:31:30
The authority arrested the HUF 38 million value goods and took legal proceedings against unkknown person. The member of Hungarian Customs and Finance Guard controlled a Czech van in Gyula,...
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EU Citizens prefer to shop online in their own countries
Date: 2009-03-10 05:49:03
Between 2006 and 2008 the percentage of European Union consumers buying at least one item over the Internet increased from 27% to 33%. The proportion of consumers buying online across...
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Real earnings will moderately, consumption significantly decrease
Date: 2009-03-09 08:05:39
The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that both the depth and duration of the global recession are still unpredictable; but forecasts all...
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Demonstration of dairy farmers to wait
Date: 2009-03-06 11:04:41
Dairy entrepreneurs ask the government to start the former published reorganisation program in value of HUF 2.5 billion. Dairy farmers talk about a new demonstration because of deep buy-up price....
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Consumers change habits as recession tightens its grip
Date: 2009-03-06 09:35:39
The recession has forced 87% of consumers to change their shopping habits, according to a study by research consultancy Shoppercentric. Out of a thousand people surveyed by market research agency...
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Working-capital loan for Hungarian food industry
Date: 2009-03-05 12:44:23
The Hungarian Development Bank would injection HUF 30 billion into food industry sector. The bank would undertake 100% guarantee of the trade banks' resource placements. To this step the law...
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What is the real Hungarian product?
Date: 2009-03-05 12:40:40
The preparatory committee of Food codex can't agree about the defination of „Hungarian product” in the domestic retail. The problem is that the producers work also from importad raw materials,...
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TV2 preparing for the spring with new programs
Date: 2009-03-05 08:00:00
As it has been revealed recently, a show under the title “Mr. & Mrs.” and hosted by Claudia Liptai and Attila Till is to be launched soon by TV2. Áll...
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Fewer households buying general detergents and floor cleaners
Date: 2009-03-05 08:00:00
According to data from the ConsumerScan of GfK Hungária, different changes have taken place in various segments of households detergents, which has resulted in some shifts in their respective market...
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Domestic chains re-magnetised
Date: 2009-03-05 08:00:00
According to the Shopping Monitor and Shopping Mission 2008-2009 surveys prepared about distribution channels by GfK Hungária, smaller stores continue to play an important role in Hungary. For the first...
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Cheap food after a good harvest
Date: 2009-03-05 08:00:00
According to a forecast by Kopint-Tárki Konjunktúrakutató Intézet Zrt. and Agrár Európa Tanácsadó Kft., food prices will only rise moderately this year, increasing at a slower rate than inflation. The...
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Drugstores strengthening their position in HUF 19 billion market
Date: 2009-03-05 08:00:00
According to the Nielsen Retail Index, retail sales of hair care products stagnated at slightly over HUF 19 billion last year. The nearly HUF 11 billion market of shampoos remained...
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Grain prices halved
Date: 2009-03-05 08:00:00
The supply price of agricultural products was down by 22,6 percent in December 2008, compared to December 2007. The price of plant products was down by 38 percent, while that...
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Weak HUF good for only a few
Date: 2009-03-05 08:00:00
According to Tamás Éder, chairman of ÉFOSZ, the weakness of the HUF will only benefit a very limited number of food processing enterprises. In his opinion, it is unlikely that...
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Washing hair no longer enough
Date: 2009-03-05 08:00:00
The hair care market is still dominated by shampoos but balsams have also been producing dynamic growth for years and sales of conditioners also began to soar last year. Demand...
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Romania still enjoying growth
Date: 2009-03-05 08:00:00
According to an estimate by Eurostat, retail sales in the EU-27 countries were down by 0.2 percent on average, and by 1.5 percent in the Euro zone in November 2008,...
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Market expanding, growth for milk chocolate
Date: 2009-03-05 08:00:00
Retail sales of Easter sweets rose again last year. Sales were up by 7 percent in terms of quantity, and by 22 percent in terms of value. Total sales were...
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Key factor for new products: proportion of people who try it
Date: 2009-03-05 08:00:00
According to Jonathan Banks, research director of Nielsen UK, there are three factors influencing the development of new products at present: consumer confidence, the expansion of private labels and the...
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Fat producing highest price rise
Date: 2009-03-05 08:00:00
In January 2009, consumer prices were up by 0,6 per cent on average compared to December and by 3.1 percent compared to January 2008. Food prices were up 2.2 percent,...
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Branded rabbits and eggs in leading role
Date: 2009-03-05 08:00:00
Quality is the trend among seasonal sweets. Manufacturers of branded milk chocolate figures won’t have much to worry about this Easter. Last year, real milk chocolate accounted for three out...
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Trendy foods
Date: 2009-03-05 08:00:00
Trends have a substantial influence on shopping decisions. Such trends also have the power to change consumer habits and the structure of demand for good. The effects of trends can...
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