Market News
CEOs are optimistic all over the world
Between August and November 2017 PwC interviewed 1,293 CEOs in 85 countries, within the framework of the company’s 21st Global CEO Survey. Results were revealed at the World Economic Forum in...
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Face masks and plant-based yogurt are flying high
Combined sales of the 5 biggest drug and food categories amounted to nearly HUF 30 billion between December 2016 and November 2017. Face mask sales skyrocketed with plus 108 percent...
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Good end-of-year performance from retail trade
In December 2017 like-for-like retail volume sales augmented by 4.7 percent; adjusted for calendar effects, the sales growth was 5.9 percent – reported the Central Statistical Office (KSH). Food and...
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PLMA president predicts that private label products will continue strengthening in 2018
Our magazine interviewed PLMA president Brian Sharoff. Trade magazin: – What will be the main trends in the private label segment in 2018? Brian Sharoff: – Retail chains will keep...
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Prices grew by 2.4 percent on average last year
In December 2017 consumer prices were 2.1 percent higher than in December 2016. Food prices increased by 3.5 percent. The price of egg soared by 39.4 percent, dairy products’ price...
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GKI’s economic sentiment index improves further
The GKI economic sentiment increased again in January 2018, having reached a historic peak at the end of 2017. This January the business confidence index only rose within the margin...
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Many wet condiments to choose from
Easter – just like Christmas, New Year’s Eve and the summer barbecue season – is an important period in wet condiment sales. The main places for buying these products are hypermarkets...
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Home delivery may become more expensive this year
In the 3rd quarter of 2017 prices were growing rapidly for postal and courier services in Hungary, by nearly 10 percent. According to Ádám Bengyel, the CEO of Hungary’s No.1 parcel...
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Trends in 2018 around the globe
At the end of 2017 Auchan opened several hundred 18m² self-service shops in China, which sell only 500 products – mainly fresh and food-to-go products. Shell and Costa Coffee have...
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Peer-to-peer retail’s influence on the FMCG sector
Digital peer-to-peer (P2P) retail is conquering Europe at an ever-increasing speed – reported Eurostat. Consumers more and more frequently use services that make the selling and buying of products or services...
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The most valuable international FMCG brands on the Hungarian internet in 2017
Neticle is a system that collects the occasions when brands are mentioned online and in social media, and analyses the opinions automatically. Relying on this Neticle has made two rankings: one...
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Trend cocktail – analysed, not forecasted!
One of the most influential factors in Hungary’s restaurant business is globalisation – in both the general sense of the word and in the culinary sector. Hungarian hospitality businesses must adapt...
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Crystal clean growth
Sales results of general cleaners from last year reveal that consumption habits are changing. According to Franciska Marton, brand manager of Henkel Magyarország, sales of bathroom, toilet and window cleaners grew...
Read moreCP Contact: We buy more and more consciously
Consumer protection awareness was improved in the fourth quarter of 2017 and confidence in retailers also became slightly stronger compared to the previous quarters – tozsdeforum.hu quotes the current values...
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Agricultural Marketing Center: fish consumption should be increased by 20 percent by 2023
Végvárné Henter Lilla, spokeswoman of the Agrármarketing Centrum (AMC) said on Friday at a press conference in Budapest at the Sirha International Food and Horeca Trade Fair that the campaign...
Read moreKSH: Foreign trade surplus decreased to 8.2 billion euros in 2017
The Hungarian foreign trade closed last year with a surplus of 8.234 billion euros, which is 1.487 billion euros less than in the previous year, according to a first estimate...
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Egyre népszerűbb a mangalica és sikeres a sertéságazat is
Egyre népszerűbb a mangalica és sikeres a sertéságazat is, ami az agrártárca által az elmúlt években bevezetett intézkedéseknek köszönhető, így például a sertésstratégia és az állatjóléti, tenyésztésszervezési támogatások egyaránt hozzájárultak...
Read moreThe European Parliament is discussing the report on honey at the end of February
The European Parliament (MEP) will discuss the report on MEPs’ plenary session on 28 February, and the MEPs will vote on this document on 1 March – Erdős Norbert, MEP...
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Magazine: Less money available to pay workers for extra hours
In the last four years those who work in retail trade did 30 percent more overtime. Meanwhile the salary costs of employers increased by 40 percent, HUF 180 billion – informed...
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The Széchenyi Program Office supported the delivery of 1000 billion HUF EU funds
The Széchenyi Program Office contributed in the delivery of 1000 billion HUF EU funds, which is about 40 percent of the 2488 billion HUF EU subsidy allocated to the Hungarian...
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Hundreds of thousands of fake chocolates were seized by the financiers
More than 30 million HUF worth fake confectionery were seized by the financiers near Lajosmizse – the National Tax and Customs Administration (NAV) informed MTI. Fehér Andrea, the press officer...
Read moreGerman foreign trade broke all records last year
The value of Germany’s exports and imports has risen to all time record level last year, reflecting the strong growth of the German economy and the world economy. According to...
Read moreRetail sales grew by 5.6 percent in 2017 in the Czech Republic
In the Czech Republic, retail sales grew by 5.6 percent in a year-on-year comparision, according to the Czech Statistical Office (CSÚ). Calendar effect adjusted (two workdays less than in 2016)...
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Most of the announcements affected fruits and vegetables in the EU
Last year, a total of 2930 reports were submitted to the RASFF at the EU level, according to the recently published summary of the European Commission, and 88 percent of...
Read moreRomanian retail sales grew by 10 percent
The volume of Romanian retail sales grew by 10.2 percent in the first ten months compared to the same period of last year, according to the Romanian National Statistical Institute....
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Alternative foods are offered by European scientists
Europe’s scientific academies say that urgent action is needed in the area of nutrition and nutrition safety: Europe needs to change its dietary habits to avoid hunger caused by climate...
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Magazine: Print media is more efficient and reliable than social media
Higher trust drives higher purchase intent. According to a recent study commissioned by NewsMediaWorks, consumers trust advertisements and articles published in daily papers more than those in other media channels....
Read moreNGM: Retail sales are rising for 54 months
Retail sales have been rising steadily for 54 months – the Deputy Minister of State of the Ministry of National Economy (NGM) told M1 news channel commenting on the latest...
Read moreThe European Commission is expecting a a GDP growth of 3.7 percent for this year and 3.1 percent for 2019 in Hungary
The European Commission has published its winter economic forecast for the European Union as a whole and for each Member States. In the recent assessment of the economic and financial...
Read moreThe SME development strategy is under shaping
The SME development strategy that helps the development and the growth of the Hungarian small and medium-sized enterprises (SMEs) is under shaping – Balogh László, Deputy Minister of State of...
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