Market News

NÉBIH launches food safety mobile app

The National Food Chain Safety Authority’s (NÉBIH) new mobile app has been available since 1 December 2014. By using the Android app called NÉBIH NAVIGÁTOR, consumers can report occurring problems...

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Ipsos: more than two-thirds of the Hungarians oppose the mandatory Sunday store closure

According to the recent survey of Ipsos, the Hungarians typically spend Sundays at home, but nearly a quarter of them scheduled the purchase of food and household items for the...

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KSH: producer prices fell by 7.2 percent in January

In January, due to the 7.4 percent price decrease of vegetable products and due to the 6.9 percent decline in slaughter animals and animal products prices the agricultural producer prices...

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Hungarian Quality Product Award Application for the 18th time

The Hungarian Quality Product Award Application was announced for the 18th time, this time with many new features. The Hungarian Product Award is known as the trademark of high standard...

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Spar considers the new rules compatible with the international experiences

The Spar Magyarország Kereskedelmi Kft, the subsidiary of Spar Austria considers the new rules on opening hours compatible with the international experiences – the company announced on Friday. The new...

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The frozen vegetable and fruit consumption is growing slowly

Hungarians consume 4-5 kilograms of frozen vegetables and fruits a year per capita. The consumption is growing slowly. According to the survey the cooking habits affected by convenience are favorable...

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In February, 4153 companies ceased to exist in Hungary. In the first two months, a total of 8367 consolidations and concentrations are taking place in the company world – the figures of Opten business information provider reveal.

In February, 4153 companies ceased to exist in Hungary. In the first two months, a total of 8367 consolidations and concentrations are taking place in the company world – the...

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Everything that influences shopping decisions

Nielsen’s complex marketing mix model is suitable for analysing many aspects in addition to price, when it comes to influencing store sales. It is noteworthy that store choice drivers are...

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Magazine: The story of how they met: Hajnalka and István

‘In the spring of 2014 I decided to ask for the help of a professional to find the right man for me, someone I could start a family with. By...

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The favorable trend in food retailing continues

Between February 2014 and January 2015, the Hungarian retail reached 1 480 billion HUF turnover, which is 5 percent more than in the same period of the previous year. At...

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The government would extend the Sunday opening ban on the world heritage sites as well

The government discusses the amendments on the Sunday working ban on the retail sector on Wednesday – Giró-Szász András told. The Minister of State for Government Communication told at Wednesday's...

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The European Commission has launched an investigation in the advertising tax case

The European Commission launched a so-called in-depth investigation in the case of the advertising tax that was introduced last year in Hungary – the EC announced on Thursday in Brussels....

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Deloitte: the Hungarian population is more optimistic about finances

The Hungarian population is slightly more optimistic regarding finances, as it was in early 2012 – the joint survey of the Deloitte financial advisory firm and the Scale Research pollster...

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Sixty-seven million HUF worth counterfeit shoes were seized by the finance guards

About 67 million HUF, fake branded shoes were found by the finance officers in a Hungarian lorry near Rajka – the National Tax and Customs Administration (NAV) told MTI on...

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Something has to be done to increase sales

Social and political changes both have their influence on consumer behaviour. When sales in a certain category or of a brand start falling, market players realise that something has to...

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Hypermarket

There are 170 hypermarkets in Hungary and between December 2013 and November 2014 they sold more than HUF 400 billion worth of grocery products in the 90 categories audited by...

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Magazin: Global consumer trends in 2015

In January 2015 Euromonitor International’s webinar series was trying to find the answer to the question: How the combination of the ‘real world’ and online solutions influences shopping decisions? 1....

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The rebound in household consumption may increase imports

Analysts interviewed by MTI told that due to the stronger household consumption, they expect a stronger growth in imports. According to the Central Statistical Office’s (KSH) first estimate released on...

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KSH: foreign trade surplus may be close to 700 million euros in January

In January, the export surplus increased to 691 million euros from the 345 million euros of December and was 184 million euros higher than the previous year’s 507 million euros...

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The elimination of the avian flu epidemic cost about 200 million HUF in Füzesgyarmat

More than 161 thousand ducks were killed in Füzesgyarmat, due to the detected avian influenza virus. The elimination of the epidemic cost about 200 million HUF – the Ministry of...

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The new market in Budafok is under construction

The construction of the new market has started on Wednesday in the middle of the 22nd District. Karsay Ferenc (Fidesz-KDNP), mayor of the district informed MTI that the old market...

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A biologist was managed to cultivate truffles in Britain

The first truffle to have been cultivated on UK soil has been harvested from a field in Leicestershire, according to a plant biologist. Dr Paul Thomas planted the fungus on...

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Contaminated foods were seized in a plant in Tolna county

The National Food Chain Safety Office (Nébih) seized one hundred tons of unknown origin, unmarked, contaminated food products, mainly vegetable flour in a plant in Tolna county. The NÉBIH in...

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The living dead: How the burnout syndrome keeps taking lives?

Many people suffer from burnout and this illness signals that it is time one made changes in their life! We could say that untreated distress is the mother of the...

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Joining forces to help people living with flour sensitivity

A new European Union directive entered into force on 13 December, which makes it compulsory to inform consumers properly about the food they buy. This detailed information providing also includes...

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The Food Act to be amended

The amendment proposal of the act on the food chain and about its control is ready. According to the amendment it will be possible to appeal against the alleged classification...

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Online retail trade grew by 13 percent last year

The domestic online retail sales increased by about 13 percent to 230 billion HUF last year, compared to the previous year. The sales of the six most important sectors increased...

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KSH: consumer prices fell by 1.0 percent in February

The consumer prices fell by 1.0 percent in February, compared to the same month of 2014, while compared to the previous month, consumer prices increased by 0.5 percent for the...

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SME investment willingness is uncertain

The investment willingness of the SMEs declined again. At the end of the year, 56 percent of the CEOs planned some improvements. This seems to break the positive upward trend....

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Fazekas: the proportion of Hungarian products has increased in the domestic market

The demand for Hungarian food products has steadily increased in the domestic stores. The proportion of Hungarian products in 2010 was 75 percent on the market, it has now grown...

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