Market News

The apple harvest has begun

The apple harvest has begun in the orchards and the concentrate maker factories are also operating – the Chairman of the Apple Marketing Board told MTI on Tuesday. Takács Ferenc,...

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The consumer protection authority will launch a series of events to develop environmental awareness

The National Consumer Protection Authority (NFH) to launch a nationwide series of events to develop environmentally conscious customers approach – NFH’s Director General said at a press conference in Budapest...

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Analysts say that the increase of earnings is stable

According to the senior analyst of ING, regular wages grew in accordance with the current trends in the private sector. The analyst of the Savings Bank pointed out that real...

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The new rural development program offers more opportunities for the farmers

The new rural development program, provide more opportunities for the farmers – the Vice President of the National Agricultural Chamber (NAK) told M1 news channel. Hubai Imre told that the...

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Manufacturer brands improved their position

In January-April 2015 toothbrush sales were worth more than HUF 1 billion. Value sales stayed put but volume sales fell 3 percent. Drugstores’ share from value sales was even higher...

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Efficient oral care every day

In the last few years the oral care category was growing above the average in terms of value sales. According to Beatrix Károly, consumer shopper activation mass market manager of...

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A wifi network that works well for everyone

With WifiZone’s professional wifi network restaurants, cafés, hotels and other busy public spaces can offer such wireless internet access to guests which is comfortable and safe for both sides. In...

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Increased share for drugstores

In the first four months of 2015 Hungarian consumers spent HUF 4 billion on toothpaste, 3 percent more than in the same period of 2014. Volume sales didn’t change if...

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GKI-Erste economic sentiment index at its peak this year

In August the GKI-Erste economic sentiment index adjusted for seasonal effects increased slightly over July and reached this year’s peak. The previously measured positive sentiment prevailed among companies and households,...

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Hungary's food-retail is on podium

The value and volume of food-retailing in Hungary has increased more than the European average during the second quarter, compared to the April-June period of the last year. In terms...

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The VAT fraud may reach 1,000 billion HUF

In Hungary, approximately 1,000 billion HUF VAT is cheated every year, while the rate of tax evasion can reach 22-25 percent of GDP – Farkas Gábor, Manager of PwC drew...

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More wine in the cellars than last year

The amount of new wine this year may exceed last year's harvest – the National Council of Wine Communities (HNT) estimates. According to the predictions of the National Council of...

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Beekeepers will close a good year

This year’s honey harvest will be one thousand tonne more than in 2014, despite the drought and the extremely hot summer – Napi Gazdaság wrote. Although the volume of sunflower...

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The GMO-free product indication comes during the autumn

According to the Parliamentary Minister of State of the Ministry of Agriculture, the legislation that allow the marking of the GMO-free products may be issued during the autumn. Nagy István...

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The EU support of the SMEs may reach 3-4 percent of the GDP next year

The amount of the European Union subsidies that the government will send to the small and medium-sized enterprises (SMEs) may reach 3-4 percent of annual GDP next year – Karsai...

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All the examined face creams were corresponded to the consumer protection checks

All the 20 kinds of face creams have passed on to the consumer protection test, carried out by the National Consumer Protection Authority (NFH). The National Consumer Protection Authority (NFH)...

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French wine producers expect average yield and very good quality

Because of the drought, the yield is slightly lower than last year, but the French wine producers expect very good quality wines this year. “Good vintage is expected this year...

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Euro Zone’s composite BMI indicates the continuation of the economic growth

The preliminary value of the Euro Zone’s composite BMI increased in August – the Markit Economics Economic Research Institute announced on Friday in London. The preliminary value of the Euro...

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The vote on the VAT rate cut was postponed in Romania

The Romanian government coalition postponed the parliament vote on the new tax laws on Monday, so therefore the convened extraordinary session was unnecessary. The parliament had to vote again on...

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Canned food: the opening goes well

Canned food sales have been at a standstill for quite a while, but in certain segments several changes took place. Sándor Szórádi, the managing director of Szatmári Konzervgyár Kft. told...

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Increased significance for traditional shops

Retail sales of canned vegetables exceeded HUF 5 billion in the December 2014-May 2015 period. Value sales bettered by 4 percent but volume sales fell 2 percent. The market share...

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POP experience with the latest results

Bert M Ohnemüller founded the Neuromerchandising Group in 2010 in Frankfurt. They combine 30 years of POP experience with the latest results in neuromarketing, physiology and biology. In its work...

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Fresh product tracking in practice

GS1 Hungary and Metro Kereskedelmi Kft. have already introduced the GS1 DataBar system for fresh products. This barcode types contains much more information than ordinary barcodes and can also be...

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CatMan reloaded?

Many people think that category management (often abbreviated as CatMan) is a long and boring analysing process. Judit Hauber, senior client lead of dunnhumby told us that the general main...

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Shopper-centred merchandising

A large part of shopper decisions is made in-store, so how shelves are arranged and whether goods are in stock are very important: it is merchandising that decides what ends...

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Health isn’t tax-free

Fidesz MP Roland Mengyi has suggested that next year’s tax package should include new health screenings offered as benefits by employers tax-free. The MP thinks it is much cheaper to...

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Small segments are showing the big ones how to perform well

Last year coffee’s retail sales had finally grown once again, but by the beginning of this year this momentum was lost. NESCAFÉ’s brand manager Róbert Szuhai explained to our magazine...

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Slight change in the weight of bigger stores

Retail sales of coffee neared HUF 27 billion in the December 2014-May 2015 period. Value sales grew by 3 percent but volume sales fell 1 percent. Stores with a floor...

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The state assistance saved jobs in the meat industry

When the concerned local governments have invested into the meat plants of Gyula, Kaposvár and Pápa contributed to the retention of about 2000 jobs – the Trade Union of Meat...

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KSH: average earnings increased by 3.6 percent in June

Average earnings grew by 3.6 percent in June compared with a year before. Without counting the wages of the public workers the increase was 4.7 percent – the Central Statistics...

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