Market News
Swine fever was detected in Sepsiszentgyörgy
Date: 2019-02-04 11:01:13
About sixty pigs are to be killed in the Őrkő district of Sepsiszentgyörgy, where the appearance of African swine fever (ASP) was confirmed at the end of last week –...
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There is a great need for a shop assistants across Europe
Date: 2019-02-04 10:16:31
There have never been such great need for shop assistants in the European Union member states – penzcentrum.hu wrote. According to EURES, the European Job Mobility Portal, 75,000 shop assistants...
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According to the OECD, further reforms will contribute to a stronger and more inclusive Hungarian economic performance
Date: 2019-02-01 11:40:40
Due to the high employment level, the Hungarian economy is in the middle of a strong recovery, which also increases wages, consumer confidence and domestic demand. According to the new...
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The KSH conducts a trial census in agriculture in February
Date: 2019-02-01 11:15:57
The Central Statistical Office (KSH) is conducting a full agricultural census in the summer of 2020 (Agrárcenzus 2020). The agency is conducting a trial test between 1 and 28 February...
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The rate of childhood obesity stopped in Hungary
Date: 2019-02-01 11:15:56
Due to various legislative changes and professional cooperation, the proportion of overweight people among Hungarian children was halted – the Minister of State, responsible for Health told at a professional...
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SMEs are calculating with stable financial results
Date: 2019-02-01 11:14:28
Companies are calculating with stable 8 percent revenue growth, but with a slightly more modest, 4 percent profit growth this year. According to the latest data of the K&H SME...
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MLBKT: the purchasing manager index declined in January
Date: 2019-02-01 11:12:48
The seasonally adjusted January value of the Purchasing Manager Index (BMI) was 54.0 points after the 54.3 points of December – the Hungarian Logistics, Purchasing and Inventory Company (MTPL) announced...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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