Market News

British spent less money but more time in shops

Latest figures from the British Retail Consortium (BRC) show that UK retail sales values fell 1.5% on a like-for-like basis last month, from September 2007, when they had risen 3.0%....

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80% of the common round-headed garden lettuces polluted in Germany

The German Consumer Protection Authority (BVL) found bigger measure of pesticide than permitted in the common round-headed garden lettuce, the apple, in the champignon mushroom and the cabbage. In case...

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Sold in „SZÖVET” Unit

The association for farmers near to the river Tisza made a succesful summer action, now they have their own trade mark and plan to sell their vegetables and fruits on...

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The OKSZ urges abatement of the administrative debits

On clamp of the approaching Christmas season the National Commerce Association called some sad mercantile trends and the necessary crotches to the decision makers' notice in announcement. According to datas...

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Agricultural producer prices grow under inflation rate

In August 2008 the producer price level of agricultural products was 2.7% higher than in August 2007.  More specifically, the price level of crops and horticultural products decreased by 4.6%,...

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Against the wind but we go

The external conditions of the economic development have been considerably deteriorating, the domestic political situation is uncertain, while the economic situation is modestly improving. The forecast prepared by GKI Economic...

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Export and import decreased in August

According to datas of Hungarian Statistic Office in August 2008, according to first estimates, exports amounted to HUF 1,265 billion (EUR 5,378 million), while the value of imports reached HUF...

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People like cold milk desserts

According to Nielsen research the category is the 15. most popular food category. It has HUF 26 billion sales between October 2007 – September 2008. In volume it is 5%...

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FMCG top sales managers have HUF 8 million salary pro year

Hewit Human Tanácsadó Kft. asked 2,000 specialists from the sector in 2008. The top sales manager earn HUF 8 million, the variable part of their salary is 5-30%. The senior...

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(HU) Vége a gyors bővülésnek

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(HU) Veszteséget hoz idén a kukorica

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We have to queue more as average in Europe

In Hungary normally 8 people stand infront of us in the line, it is 3-4 in Europe. In our country people have to wait minimum 5 minuts to arrange, the...

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Awards for the most attractive shop fronts on Budapest boulevard

The jurey found the store window of Calliope fashion, the Kiwi Sun and Katti Zoób's salon the most spectacular.  At the first Boulevard store window compatition the specialist spyed 800...

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Consumers like brands sponsoring good causes

According to Cone Communication's research 4/5 of the people prefers to buy brands which protecting good causes, but the most important is the price and the quality. The 'good cause'...

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The domestic enterprises leave too much on their subjective value judgement

The most Hungarian companies associate based on personal connections or previous experience – is lying in latest assaying of the Coface Hungary . Coface is producing more than one thousand...

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The OKSZ would simplify the environment control green tax

The smallholders are tallying that the file and account commitment is without reason too sophisticated, and they hold , that in 2009 figure of the green tax will be growing...

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The trade confidence index came to halt

According to the survey conducted by GKI Economic research Co. (www.gki.hu) with the support of the European Union, the trend of business expectations remained unchanged.  In September, the confidence index...

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Quick and convenient coffee with or without machines

Coffee machines for home use and pre-portioned capsules have appeared in the assortments of both leading coffee distributors. Consumption habits are slowly changing in the coffee market as well. Manufacturers...

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Inflation highest in Latvia

Inflation averaged 4.3 percent in the 27 EU member states in the June 2007 – June 2008 period. It was lowest in the Netherlands with 2.3 percent and highest in...

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Increasing consumption in the 3in1 segment

According to data from GfK ConsumerScan, the number of consumers in the 3in1 segment has been growing at a double digit rate in recent years. Consumption of ground-roasted coffee was...

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Moderate rise in the price of swine

Trends in the world market of meat and poultry are monitored by the Agricultural Business Research Institute (AKI). Data from the price information system (PÁIR) operated by KSH and AKI...

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Brands getting stronger in the fondant category

While overall sales dropped last year, most manufacturers increased their sales, owing to a leading competitor leaving the market. This year, we will probably see if the shift from quantity...

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Deteriorating prospects for Europe

According to a forecast by GKI Gazdaságkutató Zrt. with Erste Bank, growth will speed up in the second half of the year. Both internal and external balance is improving and...

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Fondants in bags still most popular

According to data from GfK Hungária ConsumerScan, the market of seasonal sweets for Christmas shrunk last year, with sales of fondants down by 14 percent and chocolate Santa Claus figures...

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Rising incomes

Gross average income was up by 8.2 percent, while net income was up by 7.3 percent. According to KSH data, the average income of employees in full time employment was...

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Pet food as supplement or snack

According to data from Euromonitor, the global market of pet food has been growing continuously since 2001. Global pet food sales totalled USD 45 billion in 2007. Growth is expected...

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