Market News
GKI: Further improving consumer expectations, business expectations unaltered
Date: 2014-05-01 12:31:02
In the first quarter of 2014 last year’s soaring of the GKI-Erste economic sentiment index adjusted for seasonal effects slowed down. According to the empirical survey conducted by GKI with...
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‘Tobacco shop – with a view?’
Date: 2014-05-01 05:20:00
Rolling tobacco and lower-category cigarillo continue to gain ground in the market. This trend results in significant profit margin loss in tobacco product retail. If we examine price ratios per...
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Nielsen: the consumer confidence index was not this high since 2010
Date: 2014-04-30 12:40:12
The Nielsen Consumer Confidence Index has reached a record level in the last period in Hungary. During the first quarter survey of this year the Nielsen Consumer Confidence Index rose...
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Improved results during the spring seasonal checks
Date: 2014-04-30 12:10:12
During the spring seasonal checks, the food chain surveillance authority was focusing on products appropriate to the culinary traditions. During the spring seasonal checks, the food chain surveillance authority (Nébih)...
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22 to 25 thousand tons of honey is produced every year in Hungary
Date: 2014-04-30 11:55:58
In Hungary, an average of 22 to 25 thousand tons of honey is produced each year – Mészáros József, managing director of the Hungarian National Beekeeping Association (OMME) told MTI...
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Magazine: Private label products: changing strategies, growing market
Date: 2014-04-30 11:28:49
According to the 2013 edition of Euromonitor’s Global Consumer Trends survey, 89 percent of consumers regularly put private label products in their basket. In the last 12 months 56 percent...
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Last year, the stores in Pozsony gave half of the retail sales in Slovakia
Date: 2014-04-30 11:28:02
Last year, the stores in Pozsony gave 47 percent of the retail sales in Slovakia – the analysis of the Poštová Banka shows, which was sent to MTI on Wednesday....
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The NAV seized more than 37 thousand packs of cigarettes near Tiszabecs
Date: 2014-04-30 10:48:18
More than 37 thousand packs of Ukrainian cigarettes were seized by the National Tax and Customs Administration (NAV) in the region of Tiszabecs – was writen on the organization's Facebook...
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4th GfK Day: e-consumers in focus
Date: 2014-04-30 09:33:02
On 20 February GfK Day was organised for the fourth time, this time giving an insight into the most typical e-consumption habits, with the participation of more than 60 Hungarian...
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Investing in the medicinal herb sector
Date: 2014-04-30 08:43:52
The Ministry of Rural Development signed a strategic agreement with the representatives of the medicinal herb sector. In Hungary about 5,000 people collect 110-120 medicinal herb varieties. 25 companies grow...
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2.5 billion forints for farmhouse development
Date: 2014-04-30 08:41:39
Nearly 1,000 applications were sent in for funding from the farmhouse development programme and from these 778 were eligible for support. 529 plans won various sums: HUF 1.5 billon was...
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Action plan to popularise organic farming
Date: 2014-04-30 08:39:38
The Minister of Rural Development approved the action plan to develop organic farming in Hungary on government level. By 2020 the new plan wishes to increase the size of land...
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GfK: mainly women and young people are visiting the malls
Date: 2014-04-29 12:35:49
On the basis of GfK’s analysis the visitors of the domestic shopping centers can be characterized well, considering the fact that most of them return. The guests of the plazas...
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The system of the shelf money remains in larger retail stores
Date: 2014-04-29 12:30:23
The system of the shelf money remains in larger retail stores but it will be called differently – the National Food Chain Safety Office announced. In addition the ratio of...
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The mounting of the Hungarian-developed online cash registers has started in Budaörs
Date: 2014-04-29 12:20:55
The mounting of the Hungarian-developed CashCube online cash register family has started in the new Budaörs-based production hall of the Tekinvest Holding Kft. and the LA Pénztárgép Kft.. Temesfői Zsolt,...
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The food banks are saving the food surplus for thirty years in Europe
Date: 2014-04-29 11:20:26
“I'm hungry” was the title of the newspaper article, which appeared in the French La Croix newspaper on 13 March 1984. The article discussed the sad fact that the number...
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Biogas plant to be built in Balassagyarmat
Date: 2014-04-29 11:00:07
The Sinergy Kft. builds a biogas plant in Balassagyarmat in the scope of a nearly one and a half billion HUF investment. The biogas plant will ensure the cheap heating...
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GKI: Optimism in the real estate market
Date: 2014-04-29 10:41:35
GKI conducts real estate surveys twice a year in order to assess plans, intentions and prospects of market players (realtors, developers, operators, households and companies) for the next one year....
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NGM : The 30 April deadline will not be extended
Date: 2014-04-28 12:15:44
So far tens of thousands of traders have not installed the online cash registers, even though the final deadline expires on Wednesday. The National Retail Federation would like to achive...
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So far, nearly 85 thousand online cash registers were installed
Date: 2014-04-28 12:00:56
So far, the traders have installed nearly 85 thousand online cash registers – the Ministry of National Economy (NGM) told MTI. According to the current rules, the customers of the...
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The Hungarian computer market’s annual revenue was close to 100 billion HUF
Date: 2014-04-28 11:07:53
Last year, the computer sales overall rose by a third, compared to 2012. The turnover was close to 100 billion HUF – the Notebook.hu, one of the largest computer distributor...
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Japanese bought everything before the VAT increase
Date: 2014-04-28 10:58:25
Japanese retail sales in March grew at a rate has not seen in 17 years, because the customers stormed the store befaore the 1 April increase of the VAT. Japanese...
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Pizza ice cream, Coke jam and romantic rice (Part 4)
Date: 2014-04-28 09:51:13
Research institute Innova Market Insight gave a presentation at Anuga about major trends: 1. Increasingly critical consumer – simple communication becomes important in order to avoid misunderstandings, and manufacturers try...
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Trends in packaging design
Date: 2014-04-28 09:47:35
A survey conducted by prestigious packaging design website thedieline.com collected what they think the major trends in packaging design would be in 2014. Some of them might be debated, but...
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OKSZ: many traders cannot install their online cash registers until 30 April
Date: 2014-04-25 12:10:24
The deadline for those traders, who claimed state support to change their cash registers will be expired next Wednesday on 30 April. Despite the close deadline, the number of those...
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OMSZ: more drought summers and wetter winters to come
Date: 2014-04-25 11:15:34
In Hungary, we can expect more droughts in the summer and wetter winters in the future and the intensity of extreme weather events could be higher – Radics Kornélia the...
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MLSZKSZ: 67 billion HUF development in the logistics industry over seven years
Date: 2014-04-25 11:05:58
The Hungarian Association of Logistics Service Centres (MLSZKSZ) in connection with its new seven-year EU budget cycle, declared its new guidelines of the use of resources in Hungary, which focuses...
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More simply below a hundred million
Date: 2014-04-25 09:34:00
In the future applications for funding below a value of HUF 100 million will be accessible more simply through the system of the Hungarian Chamber of Agriculture (NAK). NAK president...
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KSH: retail sales increased by 6.7 percent in February
Date: 2014-04-24 12:20:06
According to the calendar adjusted datas retail sales were 6.7 percent higher in February 2014, than in February 2013 – he Central Statistical Office (KSH) announced on Thursday, on the...
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The mall stop can interfere with the EU regulations
Date: 2014-04-24 12:00:04
The European Commission initated an infringement proceeding against Hungary last week, due to the mall stop – can be read on the wbsite of the European Commission. Last Wednesday the...
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