Market News
Magazine: Sales were stable in grocery retail in the last 12 months
Date: 2014-04-10 10:31:30
According to the Nielsen Retail Index, grocery retail sales amounted to HUF 1,404 billion between February 2013 and January 2014 in the 90 categories audited. Value sales were the same...
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50m² and smaller
Date: 2014-04-10 09:51:39
On 1 January 2013 Nielsen counted 10,765 stores in this channel. Their value share from sales of the 90 grocery categories audited by Nielsen was 9 percent in February 2013-January...
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Household chemicals and cosmetics: value sales up, volume sales down
Date: 2014-04-10 09:28:37
2013 brought a HUF 310-billion turnover in household chemicals and cosmetics retail. Sales were up 1 percent in terms of value but they dropped 3 percent in terms of volume....
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According to analysts, the domestic demand is slowly picking up
Date: 2014-04-09 11:50:48
Market analysts said that the domestic consumption and the expected recovery of investments can bring the major expansion of imports. In parallel the trade surplus may decline but only from...
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Increased consumer protection controls before Easter
Date: 2014-04-09 11:42:34
The National Consumer Protection Authority (NFH) carries out increased controls before Easter – the National Consumer Protection Authority (NFH) told MTI on Wednesday. According to the communication of the National...
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The duty-free Ukrainian poultry may bring further price reduction
Date: 2014-04-09 11:40:07
Poultry and egg producers are afraid of an even more significant price decline, after the European Union would like to make the Ukrainian agricultural goods duty free in the EU...
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The low-calorie sweeteners are important for a healthy diet
Date: 2014-04-09 11:05:50
The 2nd conference of the International Sweeteners Association (ISA) in Brussels was dealing with the role of the low-calorie sweeteners in the fight against the growing obesity epidemic and against...
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January brought 13.4 percent lower production prices in agriculture
Date: 2014-04-09 10:24:55
In January 2014 agricultural production prices dropped 13.4 percent from the level of January 2013. The price of vegetable products was down 19.6 percent and the price of livestock/products of...
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Magazine: There is less apple in the market, but it is cheaper
Date: 2014-04-09 10:07:44
Data from the Agricultural Economics Research Institute’s (AKI) market price information system (PÁIR) reveal that the production price of wheat was HUF 53,000 in January 2014, 23 percent less than...
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Online retail expansion reaches Hungary
Date: 2014-04-09 09:21:26
In 2013 Hungary’s retail turnover neared HUF 7,000 billon in value, from which online retail’s share is estimated to be HUF 200-220 billion. This share represents more than 3 percent...
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Gross average wage was 230,700 forints
Date: 2014-04-09 09:18:50
Compared with the same period a year earlier, gross wages were up 3.4 percent at enterprises employing at least 5 people, budgetary institutions and observed non-profit organisations in January-December 2013....
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Inflation growth was minimal in February
Date: 2014-04-09 09:16:06
In February 2014 consumer prices were 0.1 percent higher than one year ago. Compared with January 2014, consumer prices rose by 0.1 percent on average. Groceries cost 0.2 percent more...
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Growth at last – but with question marks
Date: 2014-04-09 09:12:28
According to GKI Economic Research, the pre-election economic policy might vitalise the economy in the short term but doesn’t create the lasting basis of growth, because it fails to restore...
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Food retail: 310 billion HUF turnover from household chemicals and cosmetics
Date: 2014-04-08 12:10:20
Between March 2013 and February 2014, the food retail carried out a 310 billion HUF worth turnover from household chemicals and cosmetics, 2 percent more than a year earlier. In...
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The Ministry of Rural Development stimulates the Hungarian pork consumption with trademarks
Date: 2014-04-08 12:07:24
With the introduction of the High Quality Pork (KMS), the Ministry of Rural Development (VM) is trying to support the increase of the domestic pig population and domestic consumption of...
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The strawberry can be cheaper this year
Date: 2014-04-08 12:04:57
The Hungarian strawberries may occur earlier in the domestic market, due to the favorable weather so the domestic crop can cross the way of imports – Mártonffy Béla, the president...
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Chain of stores are promoting the Hajdúsági horseradish before Easter
Date: 2014-04-08 11:51:52
Three major supermarket chains are promoting the Hajdúsági horseradish before Easter, on 11 and 12 April in the organization of the Hungarian Fruit and Vegetable Interprofessional Organisation (FruitVeB) in order...
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KSH: industrial production has grown rapidly in February
Date: 2014-04-08 11:18:24
Industrial production in February was 8.1 percent above the production datas of the previous year, the growth rate accelerated significantly after the 6.1 percent growth of January. Compared to the...
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Mainly Northern Europe is affected by the mortality of bees, according to a comprehensive EU survey
Date: 2014-04-08 11:15:48
According to the most comprehensive EU survey, carried out in 17 countries the mortality of bees is the most serious in the UK and in other parts of northern Europe....
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Hungary shows no demand for fresh horseradish yet
Date: 2014-04-08 10:00:24
Few people know but Hungary is one of Europe’s biggest horseradish suppliers. Hungaro Torma Kft. is a major horseradish exporter that isn’t present in the domestic market. Why? The company’s...
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KSH: The per capita consumption last year kept its value in real terms
Date: 2014-04-07 12:50:27
The real value of the household consumption per capita remained at level on real terms in 2013. Households spent about 67 thousand HUF at current prices on a a monthly...
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Irregularities were found at three-quarters of the tested bakeries in the Southern Great Plains
Date: 2014-04-07 11:40:09
The inspectors of the National Tax and Customs Administration and its partner authorities found irregularities at three-quarters of the tested bakeries in the Southern Great Plains – the National Tax...
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GOSZ: spring works under way, but more rain is needed
Date: 2014-04-07 11:35:05
About 100 millimeters of moisture is missing from the ground, so more rain is needed to the development of autumn cereals and to carry out spring works such as sowing...
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Agreement over agricultural product promotion in Brussels
Date: 2014-04-07 11:09:08
The agreement was concluded between the European Parliament and the European Council over the information provision and new legislation of agricultural products on the internal markets and in third countries....
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An increasing number of women are purchasing on the net
Date: 2014-04-07 11:07:45
Today the sex ratio in the online stores is balanced, and probably there will be more female customers in the near future – Kis Gergely, partner of eNET described the...
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New farmers' markets in Szabolcs-Szatmár-Bereg County
Date: 2014-04-07 11:06:49
The government considers to improve the farmers' access to markets in recent years – said Budai Gyula, Parliamentary Minister of State of the Ministry of Rural Development told in Újfehértó...
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Hungarian-Slovakian cooperation helps SMEs reach foreign markets
Date: 2014-04-07 11:00:38
Economic cooperation between Hungary and Slovakia plays a key role in successfully enabling Hungarian small and medium-sized enterprises to reach international markets, State Secretary for Foreign Affairs and External Economic...
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P&G Family Home
Date: 2014-04-07 09:20:35
The moving and interesting commercials of the ‘Thank You, Mom’ campaign opened new dimension in the relationship between marketing and sport, putting athletes’ mothers and everyday life in the limelight....
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Another Hungarian innovation to increase food safety
Date: 2014-04-07 00:55:10
From the middle of March AGRO.bio Hungary Kft. puts a numbered holographic tax seal on its products (BactoFil), to guarantee that they are original. AGRO.bio not only contributes to safe...
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Traders can choose from almost one hundred licensed cash registers
Date: 2014-04-04 12:00:35
Nearly one hundred online cash registers are already approved by the Hungarian Trade Licensing Office, so traders have the access to the right cash registers in all segments – the...
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