Market News
Channel and chain specific domestic trade marketing
Date: 2007-08-29 08:00:00
According to research and analysis by Nielsen, price discounts are not sufficient by themselves to promote sales. Discounts also need to be advertised inside and outside the stores. The ScanTrack...
Read more
Meat products pulling prices up
Date: 2007-08-29 08:00:00
Consumer prices rose by 0,4 per cent in June 2007 and were 8,6 per cent up compared to June 2006. Prices were on average 8,6 per cent higher in the...
Read more
More companies insolvent
Date: 2007-08-29 08:00:00
According to a recent survey by Coface Hungary, 29 per cent more companies became insolvent in the first half of this year than a year earlier. The number of liquidations...
Read more
International perspective
Date: 2007-08-29 08:00:00
According to data compiled by Nielsen for 69 countries, including Hungary, retail sales of body care products grew by 5 per cent world-wide last year. One of the reasons for...
Read more
Russian poultry, Italian lamb
Date: 2007-08-29 08:00:00
Agricultural Business Research Institute (AKI) monitors and regularly publishes trends in the world market of meat and poultry. The Market Price Information System of KSH and AKI can provide useful...
Read more
From a love for wine to knowing consumers
Date: 2007-08-29 08:00:00
There is no question about; the international wine sector has gone through the most revolutionary periods its history. The same has happened to the Hungarian wine sector for different reasons....
Read more
Everything the mouth needs
Date: 2007-08-29 08:00:00
Ever more innovative POS solutions and promotions are used by manufacturers to expand the mouth care category. Adequate impulse is very important in this category, as Hungarian consumers buy toothpaste...
Read more
External balance improving as well
Date: 2007-08-29 08:00:00
According to the latest forecast prepared by GKI Gazdaságkutató Zrt. with the help of Erste Bank, both the external and internal balance of payments is expected to show substantial improvement....
Read more
International wine developments
Date: 2007-08-29 08:00:00
During the Hungarian privatization, the international wine sector and market have gone through its revolutionary period what has resulted in a change we have never experienced before. The Hungarian wine...
Read more
Toothpaste every two months, toothbrush every six months
Date: 2007-08-29 08:00:00
According to data from the Consumer Scan of GfK Hungária for 2006, 40 per cent of Hungarian households bought toothbrushes in 2006. The product is purchased more frequently in large...
Read more
Fewer foreigners, more Hungarians
Date: 2007-08-29 08:00:00
The combined number of nights spent at commercial places of accommodation by foreign and Hungarian guests grew by 3 per cent in the first five months of the year, compared...
Read more
Continuous administration with difficulties
Date: 2007-08-29 00:00:00
The Tax Office (APEH) collected Ft 73.2 billion ($384 million) from fees in the first seven months of the year; Ft 31.5 billion ($165.6 million) of the sum was channeled...
Read more
HUF 13.5 million penalties in case of guar gum
Date: 2007-08-29 00:00:00
Some of the company reported lately or not, or were behind the time with the revocation or worked not together with the authorities. In the last 6 weeks there were...
Read more
Plans for a Stronger Customer Protection
Date: 2007-08-28 00:00:00
The Customer Protection Directorate, to merge with regional offices into a new National Customer Protection Authority from September 1 this year, will hire more staff from January 2008, Prime Minister...
Read more
The NBH upped its 2007 CPI
Date: 2007-08-28 00:00:00
The National Bank of Hungary is waiting 7.6% yearly inflation wich is 0.3% higer as the prognosis of Mai. The primarily warranted by rising oil and food prices. Next year's...
Read more
The label is only a form?
Date: 2007-08-28 00:00:00
Some manufacturers are deliberately 'hoodwinking' consumers over salt content, claims a new report from UK regulators. There is concern that consumers are being hookwinked and misled by some manufacturers who...
Read more
Guargum monitoring and penalty in Hungary
Date: 2007-08-27 00:00:00
Authorities bound 90 products withdrawal in the domestic retail. There is a list on the authority's website with almost 200 firm name, which use dioxin tainted guargum, but only few...
Read more
Less sales in small stores, in the hypermarkets the result is not so negative
Date: 2007-08-27 00:00:00
In June the fall of retail sales continued. Compared to the previous month the volume of retail sales adjusted for seasonal and calendar effects fell by 0.4%. It is 3.6%...
Read more
Another outbreak of swine fever in Romania
Date: 2007-08-24 00:00:00
It was the third outbreak in the country in recent weeks and the second on a farm owned by Smithfield Foods Inc. The disease was found this week on a...
Read more
No merge, but collective purchase
Date: 2007-08-24 00:00:00
There is a reconciliation between Co-op and Real Hungaria retail chains about a purchase cooperation. The former new about the merge of the two companies was confuted, but the now...
Read more
Cheap norse salmon on the borders?
Date: 2007-08-24 00:00:00
Norway and EU is hopping a positiv answer from the WTO. There has been a shocked reaction to claims from the Norwegian state broadcaster, Norwegian Broadcasting Corporation (NRK), that the...
Read more
Russia bans Italian poultry to stop bird flu
Date: 2007-08-23 00:00:00
Russia banned poultry imports from Italy starting Monday to prevent the spread of the bird flu virus after outbreaks in the EU member state. An outbreak of low pathogenic...
Read more
Chinese food meet the standars
Date: 2007-08-21 00:00:00
More than 99 percent of China's food exports meet U.S., European Union and Japanese standards, according to a White Paper policy proposal released by the information office of China's cabinet....
Read more
From 2009 no more Nickelodeon figures in junk food ads
Date: 2007-08-21 00:00:00
Nickelodeon in pledging to limit the use of its characters on food packaging and promotional tie-ins when it targets kids under 12–unless the product meets certain healthy-living standards. Nickelodeon, which...
Read more
HUF 87.5 billion general government deficit in August
Date: 2007-08-17 00:00:00
The ministry left its estimation for the entire year 2007 unchanged at HUF 1,529 billion, or 6.0% of GDP (cash-based figure without local municipality budgets). As expected, Hungary had HUF...
Read more