Market News
Bakery products showing biggest price rise
Date: 2007-04-25 08:00:00
Food prices were 9 per cent higher on average in March than a year before. Prices of bakery products rose by net 4,8 per cent compared to February. The prices...
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2006 was the year of grain
Date: 2007-04-25 08:00:00
2006 was a successful year for Hungarian exporters of agricultural products. Exports grew by nearly 10 per cent-over the year, while imports expanded by 10,3 per cent. Imports from the...
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Slogans for shaving: convenience, skin care, design
Date: 2007-04-25 08:00:00
Continuous innovation has left its mark in the market of shaving products. Shaving foam is losing its appeal, after shave lotions are no longer all about masculine fragrance, while razors...
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Turkey market: recession not as bad as expected
Date: 2007-04-25 08:00:00
Production of turkey meat in the EU declined by only 3,5 per cent last year, though 5,5 per cent was expected by experts. According to a forecast by USDA, the...
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Objective: to follow contours perfectly
Date: 2007-04-25 08:00:00
Convenience is the most important requirement in the HUF 1,5 billion market of electric razors. The primary objective during development is to allow a perfect shave even in places which...
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Waiting for interest rates to fall
Date: 2007-04-25 08:00:00
According to a forecast by GKI Gazdaságkutató ZRt made with the co-operation of Erste Bank, the objectives of the convergence program for this year are almost certainly going to be...
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Drugstores selling largest quantity of insecticides
Date: 2007-04-25 08:00:00
According to the retail index of Nielsen, the market of insecticides expanded last year. Sales grew by 15 per cent in terms of volume, while by 6 per cent in...
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Foreigners staying longer
Date: 2007-04-25 08:00:00
The total number of nights spent by foreign and domestic visitors at commercial places of accommodation in the first two months of the year grew by 5 per cent compared...
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Electricity is the future in fighting insects
Date: 2007-04-25 08:00:00
This is an FMCG category , where global warming has a positive effect. The warmer the weather gets, the more insects we have to fight. Aerosols still account for half...
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Promotional leaflets: improving quality and content
Date: 2007-04-25 08:00:00
According to the findings published in GfK Leaflet Monitor, the market of promotional leaflets published regularly by retail chains has seen substantial development. The number of such publications is growing...
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Welcoming new possibilities for purchasing
Date: 2007-04-25 08:00:00
Hungarians spend a lot of money on pharmaceutical products. Practically all families keep pain killers and fever reducers at home. Young people and city dwellers have welcomed new legislation which...
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Banking services stagnate
Date: 2007-04-25 08:00:00
Hungarian use of services provided by banks only grew 72 to 74 per cent last year according to a survey by GfK Hungária Piackutató Intézet. This rate is much lower...
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The Netherlands
Date: 2007-04-25 08:00:00
The Netherlands is our third biggest supplier of agricultural products. Our exports to the Netherlands grew by 2,6 per cent in 2006, to EUR 150 million. Exports of corn increased...
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More OTC products available
Date: 2007-04-25 08:00:00
The Hungarian market of OTC products is between HUF 70-80 billion annually. Food retail trade may take a 3-4 per cent share from this market. The OTC market shows annual...
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When Christmas is over
Date: 2007-04-25 08:00:00
Growth of the revenues in retail trade slowed down in January 2007 again. It was only 1,2 per cent more than a year before. Retail sales totalled HUF 404,7 billion...
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More polite pharmacists
Date: 2007-04-25 08:00:00
Most OTC products have been available outside pharmacies since January while the magnitude of the number of stores where such products could be sold theoretically is measured by hundreds of...
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Taxation quiz in Eastern Europe
Date: 2007-04-25 08:00:00
The contradiction between national systems of taxation and the international business environment is pointed out in a recent report by PricewaterhouseCoopers about tax legislation in Eastern European countries. Taxes are...
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Household appliances: over the top
Date: 2007-04-25 08:00:00
Sales of electric appliances grew dynamically in 2004-2005. Sales continued to rise last year, but at a slower rate. Prices are falling. A major driving force behind the growth seen...
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Everything for the client
Date: 2007-04-25 08:00:00
Clients of consulting services in Hungary are either local subsidiaries of multinationals, which expect to get the same service as anywhere else, or Hungarian companies which are often in the...
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Time to move on from basics to extras
Date: 2007-04-25 08:00:00
Most households are well equipped nowadays, which means the main motive behind new purchases is buying modern technology. The price-focused attitude is becoming even less common here than in the...
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Manchester, England, England…
Date: 2007-04-25 08:00:00
The song from the musical “ Hair” does not mean too much to today’s teenagers. The football club Manchester United is the first thing most people think of when they...
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Label of disgrace
Date: 2007-04-25 08:00:00
The results of the food safety inspections carried out before Easter show that all members of the food supply chain made an effort to comply with the law. Everybody ended...
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Clotted cream, cottage cheese, yoghurt: booming sales
Date: 2007-04-25 08:00:00
Clotted dairy products form an important part of the assortment of food stores. Among categories measured by Nielsen, clotted cream took 10th place, while cottage cheese ended up in 18th...
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