Market News
The pace of consumer price increases in the euro area slowed further in January
Date: 2019-02-01 11:03:03
In January, the pace of consumer price increases in the euro area slowed further, moving away from the European Central Bank’s 2 percent target. According to preliminary data released by...
Read more
Evidences of Iron Age brewing in England were found
Date: 2019-02-01 11:01:23
Road builders found evidences of iron-age brewing in England. The more than two thousand years of remnants of the earliest evidence of local brewing were found during the renovation of...
Read more
The EU directive against flavored tobacco products remains in force
Date: 2019-02-01 11:00:53
The European Court of Justice (ECJ) confirmed the validity of the five-year EU directive on the withdrawal of flavored tobacco products, which was adopted five years ago. In a lawsuit...
Read more
Magazine: Traditions rule in the liver paté category
Date: 2019-02-01 07:31:36
Hungarians are rather conservative when it comes to the spicing and packaging of their favourite liver patés. Szilvia Dandé, marketing manager of Kaiser Food Kft. told trade magazine that the...
Read more
Back from the USA
Date: 2019-01-31 22:29:17
Last year Katalin Mandel, general secretary of the association was invited to the annual conference and congress of the International Franchise Association (IFA). She told our magazine: franchise is conquering...
Read more
2nd Franchise Fair in Budapest
Date: 2019-01-31 22:25:52
The Hungarian Franchise Association has organised its Franchise Fair for the second time. Nearly 30 concepts introduced themselves at the one-day event, which took place in Novotel Centrum. More than...
Read more
What can be the main trends in the communication strategies of FMCG brands in 2019?
Date: 2019-01-31 15:41:11
Between 1 July and 31 December 2018 the Hungarian representatives of the most valuable international FMCG brands were communicating online in line with global trends. International surveys showed that among...
Read more
Private label conference
Date: 2019-01-31 15:34:40
Amsterdam-based organisation Private Label Manufacturers Association (PLMA) will organise a conference on private label (PL) products in Hamburg on the last two days of February. On 27 February, Denise Klug,...
Read more
Private labels: rankings and records
Date: 2019-01-31 15:29:10
The market share of private label (PL) products is already 34 percent (in volume) in Hungary – informs the 2018 edition of the Private Label Manufacturers Association (PLMA) yearbook. PL...
Read more
Television commercials at full throttle
Date: 2019-01-31 15:20:16
What do the Nielsen Audience Measurement data say about the performance of television commercials in 2018? Atmedia’s most important target group is consumers between the ages of 18 and 59...
Read more
Shoppers motivate enterprises for development
Date: 2019-01-31 14:26:16
Mastercard CEE’s SME Monitor study has found that every third small or medium-sized business in Central and Eastern Europe introduced card payment on customer demand. 60 percent of respondents said...
Read more
Discount supermarkets are the leading channel now
Date: 2019-01-31 14:16:30
Between January and December 2018 Hungarian consumers spent HUF 1,800 billion on food – there was a 7-percent increase in value sales from the 2017 level. More than 70 percent...
Read more
Hungary’s retail dynamics above the European average
Date: 2019-01-31 14:11:53
Retail trade has come up with a stable performance all over Europe: there was a 3.7-percent growth in Q3 2018. In the same period Hungarian retail sales surged by 7.6...
Read more
A report on the customer service sector
Date: 2019-01-31 14:07:09
According to a representative survey conducted by Cofidis on the customer service sector, today approximately 160,000 people work in the segment in Hungary. The level of fluctuation is high and...
Read more
A surge in vegetable prices
Date: 2019-01-31 14:03:22
Last December food prices elevated by only 4.7 percent if compared with December 2017, but we had to pay 22.4 percent more for potatoes, fresh fruits and vegetables – reported...
Read more
Fruit and vegetable prices went in opposite directions
Date: 2019-01-31 13:58:52
In November 2018 agricultural production prices grew by 4.4 percent from the level of November 2017 – reported the Central Statistical Office (KSH). This increase was the result of vegetable...
Read more
Private label products remain on an upward trajectory
Date: 2019-01-31 13:56:17
Between October 2017 and September 2018 the market share of private label FMCG products (PL) grew by 0.7 percentage point. From the HUF 1,800 billion spent on food 29 percent...
Read more
Retail sales were developing well at the end of last year
Date: 2019-01-31 13:53:03
In November 2018 like-for-like retail volume sales augmented by 5 percent; adjusted for calendar effects, the sales growth was 4.9 percent – reported the Central Statistical Office (KSH). Non-food sales...
Read more
Growing market, expanding research
Date: 2019-01-31 13:46:48
Ágnes Szűcs-Villányi, market leader of Nielsen in Hungary told Trade magazin that last year Hungarian stores had sold 7 percent more FMCG products than in 2017. Sales by discount supermarkets...
Read more
Last year was the best of the decade
Date: 2019-01-31 13:38:14
According to GKI’s estimation, the Hungarian economy grew by 4.6 percent in 2018 – this growth rate was exceptionally good in the European Union (ranked 2nd or 3rd in the...
Read more
Good performance from the poultry sector
Date: 2019-01-31 13:31:09
According to the latest market report of the Agricultural Economics Research Institute (AKI), the European Commission forecasts that the EU’s poultry meat production will keep growing until 2030. Between January...
Read more
OECD: positive outlook, with risks
Date: 2019-01-31 12:11:12
According to the latest OECD report about the Hungarian economy, economic growth will be 3.9 percent in 2019 and 3.3 percent in 2020. The report was presented to the public...
Read more
McKinsey: online FMCG retail is in a vicious cycle
Date: 2019-01-31 11:59:34
New York-based global consulting firm McKinsey has analysed online FMCG sales in Europe. Their report states: the fact that masses of European consumers haven’t started buying food and drinks online...
Read more
Provident: only every tenth buyer has financed Christmas and New Year’s expenditures from loans
Date: 2019-01-31 11:40:40
Participants of the Provident Pénzügyi Zrt.’s 600-person telephone research typically spent the holidays at home, preparing for Christmas and New Year’s Eve expenditures, and this time they also considered the...
Read more
PwC CEO survey: the trust in global economic growth is shaken
Date: 2019-01-31 11:39:55
According to the latest Global CEO Survey by PricewaterhouseCoopers (PwC), trust in a global economic growth has become smaller in almost every country. 30 percent of executives think that global...
Read more
Analysts: policy intervention is needed to increase employment
Date: 2019-01-31 11:20:03
The Hungarian economy practically reached full employment last year. The 3.6 percent unemployment data of the fourth quarter of 2018 indicate a tight labor market, and a further policy intervention...
Read more
The amount of the Farm Development Program has doubled this year
Date: 2019-01-31 11:10:30
The total amount of the Farm Development Program was doubled compared to last year to 2.4 billion HUF in 2019 – the Deputy Minister State of the Ministry of Agriculture...
Read more
Euro area GDP growth is on a four-year low
Date: 2019-01-31 11:05:54
In the fourth quarter of last year, economic growth in the euro area stagnated at a four-year nadir, according to a preliminary estimate of the European Union’s Statistical Office, Eurostat,...
Read more
The EU-Japan Trade Agreement comes into force
Date: 2019-01-31 11:01:49
The EU-Japan Economic Partnership Agreement will come into force on 1 February, which will abolish the vast majority of customs duties of about 1 billion euros per year for the...
Read more
(HU) GfK: Merre halad a magyar digitális fogyasztó?
Date: 2019-01-31 10:49:51
Sorry, this entry is only available in HU....
Read more