Market News
Private labels on the offensive
Date: 2009-05-05 08:00:00
Private labels have been continuously increasing their share in retail sales for years. The assortment of private labels is widening and deepening at the same time. The perception of private...
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Demand shifting towards insect repellents with lower environmental impact
Date: 2009-05-05 08:00:00
As long as insects will continue to exist, insect repellents will have a stable market. However, demand is shifting towards products which have a smaller impact on our environment. As...
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Portugal in the forefront of growth
Date: 2009-05-05 08:00:00
Food retail has been developing at a remarkable rate in Portugal, which was second only to Poland in terms of quantitative growth last year. Sales of FMCG products grew by...
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Conference about free time
Date: 2009-05-05 08:00:00
The average Hungarian consumer is a workaholic, working even in his/her free time, which means that free time has become more precious than money or commodities. According to the findings...
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Mainly domestic chains advertising insecticides
Date: 2009-05-05 08:00:00
According to the GfK Leaflet Monitor, 450 advertisements of insecticides were published in leaflets circulated by retail chains in 2008. Only two of these were private labels. Domestic retail chains...
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Nielsen reporting from London and Brussels: „Food relatively resistant to crisis”
Date: 2009-05-05 08:00:00
According to Jonathan Banks and Jean-Jacques Vandenheede from Nielsen, the number of purchases has begun to drop while demand is shifting from pleasant things towards necessary products. Everything is related...
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SOS-stores selling cheap food in Belgrad
Date: 2009-05-05 08:00:00
Grocery store chains launched the so-called SOS-stores, grocery store for low-income individuals in Belgrad, Serbia. The outlet features prices 20-50% lower than regular retail rates. The freshly opened stores are...
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Crisis management with efficient communication
Date: 2009-05-05 08:00:00
Crises undoubtedly shake the foundations of existing systems and lead to the appearance of better structures. Companies disappear or merge, and unusual solutions are invented, with the survivors benefiting from...
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Inflation fastest in Latvia
Date: 2009-05-05 08:00:00
Consumer prices were up by 1.7 percent on average in the EU-27 countries in February 2009, compared to 2008. Inflation was slowest in Ireland and Portugal (0.1 percent) and fastest...
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Surprising results of the latest food safety research (X)
Date: 2009-05-05 01:01:11
The research result of GKI draws attention to the importance of food safety developments. GKI Economic Research Ltd’s research shows that 24% of the domestic population generally does not believe...
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Hungarian pig farmers can find new markets
Date: 2009-05-05 00:55:19
The Chinese and Russian drop in demand for the U.S. pork can open new markets for the major European exporters – quoted Napi Gazdaság the President of the Association of...
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Quality pálinka as Hungaricum
Date: 2009-05-05 00:51:29
Pálinka National Council was created to organize and supervise the quality control of the Pálinka, and develop the national pálinka-strategy. In the 13 member plenum exponents of the Minister of...
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The number of flu-infected exceeded one thousand
Date: 2009-05-05 00:32:13
European health authorities have stated, that more than 1000 people have already infected with the new type of flu around the world. Twenty-six person died in the epidemic so far,...
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Due to the crisis and the epidemic travel market has difficulties
Date: 2009-05-05 00:24:06
Travel market has been thoroughly shaken by the economic crisis and the swine flu. However earlier, market started to transform as organized online travel agencies started to emerge. The process...
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Brazil, is the hit market of department store investments
Date: 2009-05-05 00:00:02
According to the information of the Brazilian Store Association, last year an appropriate amount of 390 billion HUF was invested in the development of the industry. Despite the crisis, this...
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Hungarian meat processing companies are in trouble
Date: 2009-05-04 09:00:00
Gyulai Húskombinát faces insolvency, Herz is struggling with a serious lack of resource and debt. Without floating assets credit Gyulai Húskombinát faces bankrupcy – informed Népszabadság, Ruck János the Chief...
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Customer confidence needs to be strenghtened (X)
Date: 2009-05-04 07:10:01
Originality-and quality check of food products is necessary. Since the 2006 scandal, illegal trading with vehicle components has become more common instead of abuses with highly protected vehicle documents. The...
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Pork trade won’t be limited
Date: 2009-05-04 06:00:01
Several international organizations stated, that there is no need for further precautionary measures in the pork trade. The joint communication of World Health Organization (WHO), Food and Agriculture Organization (FAO)...
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Reduction in beer consumption in Great Britain
Date: 2009-05-04 02:00:00
As a result of the economic crisis, beer consumption in Great Britain has decreased by 8% Reuters, the Népszabdság Online. This is the biggest decline in beer consumption in since...
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Pork trade won’t be limited
Date: 2009-05-03 21:56:52
There is no need for further precautionary measures in the pork trade – several international organizations stated. The joint communication of World Health Organization (WHO), Food and Agriculture Organization (FAO)...
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Eating habits in 2009
Date: 2009-04-30 01:12:34
GfK Hungária’s study of eating habits reflects the current situation of economic crisis, and the effects of changing consumer trends. In 2009 irregular eating was typical trend as well....
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Report of the Internet economy
Date: 2009-04-30 00:43:22
More than half of the population considered to be digitally scribe – shows the GKIeNET – T-Home’s representative research. It’s very important for the economic and social competitiveness ,...
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Word of Mouth, as a marketing technique
Date: 2009-04-30 00:39:42
Many small and medium businesses use Word of Mouth (WOM) and Word of Mouth Marketing (WOMM) to call the customer’s attention – write the Business and Success. Word of...
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No virus in pork
Date: 2009-04-30 00:36:05
Pork and other food products are not infectious. The flu virus is spreading by coughs and sneezes from one man to another – states the communication of the Hungarian Chamber...
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VAT reduction – cheaper bread and milk?
Date: 2009-04-30 00:32:14
According to experts, the reduction of general sales tax on basic foodstuffs (VAT) does not take a significant price decrease. The milk and bread’s turnover makes up the 10...
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GKI economic index fall stopped in April
Date: 2009-04-29 01:21:46
After 9-month decline the economic climate index of GKI remained unchanged, the GKI Economic Research Co. pointed out that According to the survey, the consumer expectations continued to deteriorate,...
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Bankruptcy record expected
Date: 2009-04-29 01:13:27
Compared to the same period of 2008 the number of insolvent companies increased by 25 percent according to Coface Hungary’s most recent analysis of this year's first quarter. Every...
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The virus is spreading
Date: 2009-04-29 01:09:26
Human cases of swine flu A (H1N1) virus infection have been identified in the United States on 40 patients. U.S. Secretary of State Hillary Clinton urged "caution" for anyone traveling...
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WHO – pandemic alert is on phase 4.
Date: 2009-04-29 01:04:27
The WHO has raised the level of the swine influenza pandemic alert from the current phase 3 to phase 4. Phase 1 means: low risk of human cases, on the...
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Agriculture is less affected by the crisis than other sectors
Date: 2009-04-29 00:53:01
All people need to eat, so there can not be a large decline in agriculture – Minister for Agriculture and Rural Development József Gráf said of the sector in relation...
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