Market News
Cabbage farmers trust in conscious consumers
Date: 2013-10-04 12:00:34
Hungarians cabbage farmers closed an up and down year. While the first half of the year was good for the industry, in recent times the demand as well as the...
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The European Council calls for improvements in food safety
Date: 2013-10-04 11:58:14
The Parliamentary Assembly of the European Council urged to improve food security in Europe in its resolution adopted on Thursday night. According to the document, beside the increased monitoring of...
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Czech retail sales fell in August
Date: 2013-10-04 11:08:04
In August, the annual retail sales fell by 0.3 percent in the Czech Republic – the Czech Statistical Office announced on Friday. According to the the Czech Statistical Office, the...
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KSH: the volume of retail sales increased by 1.5 percent in August
Date: 2013-10-03 12:40:15
The calendar-adjusted volume of retail sales increased by 1.5 percent in August, compared to the same period of last year – the Thursday released flash estimate of the Central Statistics...
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Analysts, the NGM and the OKSZ also expect a continuous expansion in retail sales
Date: 2013-10-03 12:30:43
Because of the overhead reduction and the increase of wages above the inflation rate, retail sales continue to rise further, but the terms of the growth can be questioned in...
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Vámos György: a company does not fulfill its commitment to the NGM
Date: 2013-10-03 12:20:51
It is a shame, that there is a company, which does not fulfill its commitment to the NGM. The company signed an agreement with the NGM, that they will sell...
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The domestic dairy industry expects EU funds to increase its competitiveness
Date: 2013-10-03 12:10:39
The expected termination of the milk production quota in January 2015 will cause a new situation on the dairy market. The Hungarian dairy industry must prepare for increasing competitiveness –...
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KSH: trade surplus rose to 448 million euros in July
Date: 2013-10-03 11:57:57
In July, exports increased by 4.8 percent and imports increased by 4.0 percent compared to the previous year. Calculated in euros, trade surplus rose by 68 million to 448 million...
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Price is the most important for the Czechs when shopping food products
Date: 2013-10-03 11:02:30
According to a national survey, carried out by STEM/MARK polling institute, the price is the most important for 82 percent for the Czechs when shopping food products. According to sociologists,...
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Codes in several dimensions
Date: 2013-10-03 09:00:00
Having become accustomed to the fruits of digital technology, it is hard to imagine how we had managed to live without them in the past. Retail has never been a...
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Purchasing with a bank card would be tax free from 2014
Date: 2013-10-02 11:58:19
According to the informations of origo.hu, the financial sector has to pay the bank tax again next year, but it seems that the state will give up its transaction tax...
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Lack of interest when it comes to Crown Egg Trademark
Date: 2013-10-02 11:37:50
The special assembly of Hungarian Laying Stock Breeders was characterized by lack of interest on 24th September 2013, in the Darány Ignác-room of the Hungarian Rural-development Ministry. The main topic...
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New progressive economic perspectives in the Central and Eastern European member states of EU
Date: 2013-10-02 10:07:27
The objective of this report is to analyse the effects of the global financial and economic crisis on eleven Central and Eastern European (CEE11) EU member states as well as...
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They have a machine and they like to use it
Date: 2013-10-01 23:40:03
Coffee’s retail sales develop in a strange fashion. Those rather narrow segments are able to expand which form part of a higher-level, premium form of coffee drinking: capsule and whole...
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GfK: consumer confidence is close to the 2010 September levels
Date: 2013-10-01 12:30:39
In September 2013 all components of the GfK Hungária’s Consumer Confidence Index turned to growth, so the complex index is also higher than in the second quarter. In June, the...
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MNB: the number and value of credit card purchases increased in the first half of the year
Date: 2013-10-01 12:10:35
In the first half of 2013, 146 million purchases occurred with domestically issued payment cards, the number of transactions were 14 percent higher, than in the same period of the...
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A significant turnover increase at award-winning products
Date: 2013-10-01 12:07:44
In April 2012, based on the votes of consumers, products in 17 categories could receive the Product of the Year recognition. The GfK market research company’s Household Panel Survey compared...
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A catalog will present the Csabai Sausage
Date: 2013-10-01 11:59:37
A catalog will be created for the Csabai Sausage, which became a Hungaricum a week ago. The publication was presented by Fazekas Sándor Rural Development Minister and Vantara Gyula, mayor...
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Gamay is already harvested in Sopron, the main harvest begins in mid October in Tokaj-Hegyalja
Date: 2013-10-01 11:55:42
Gamay grape harvest started at the end of the week in the Sopron wine region. The crop’s quality is good, but the amount is about thirty percent less than usual...
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White or red, narrow or wide
Date: 2013-10-01 11:02:25
We drink the most, if white wine is filled in wide glass in our hand – the experiment of the Iowa State University shows. The researchers of the university requested...
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Stable market shares for various store types
Date: 2013-10-01 10:59:19
Retail sales of coffee were worth HUF 34 billion between December 2012 and July 2013. Value sales plummeted by 3 percent and volume sales fell by 4 percent – reported...
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There is always something new from Milford
Date: 2013-10-01 10:08:54
Milford is a brand with great prestige in the tea market which has always been leading the way when it came to innovating. Last year a new segment started expanding,...
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Restructuring spirits market
Date: 2013-10-01 09:08:16
Combined retail sales of the nine spirits categories audited by Nielsen in the December 2012-July 2013 period amounted to HUF 43 billion in a restructuring market. Four years ago pálinka...
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An old-new success story
Date: 2013-10-01 01:11:59
– We had a rather easy task relaunching the product as practically everyone above the age of 40 knows Ararat brandy. Still, serious replanning work had to be done in...
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In a bad patch
Date: 2013-10-01 01:01:04
Hungary’s spirits market has changed dramatically in the last five years, but some say it all started back in 2003 when excise duties were abolished before Hungary’s accession to the...
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The joy of giving
Date: 2013-10-01 00:56:33
The trend in the field of promotional gifts distributed in large numbers hardly changes: Hungarian gift companies offer the promotional gifts featured in most catalogues and manufactured in the Far...
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Bonbonetti sets out to conquer Europe
Date: 2013-10-01 00:43:25
Bonbonetti group CEO Sándor Sánta told our magazine that the cooperation agreement they signed with the Roshen Confectionery Corporation last spring guarantees significant investments that would make Bonbonetti more competitive...
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Mobile Wallet: payment and points collection at the same time
Date: 2013-09-30 12:10:57
The Super Shop is preparing for the launch of the Mobile Wallet System with a full swing. In addition to payments in the shops, the point collection will also be...
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OKSZ: domestic food trade needs a VAT cut
Date: 2013-09-30 12:01:10
According to the Central Statistical Office, inflation in August was 1.3 percent, which is a very low rate. The price of many products has fallen since last year, but the...
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Apple, Google, Coca-Cola – the ranking of the most valuable brands
Date: 2013-09-30 12:00:46
Interbrand has published the ranking of the world's most valuable brands again. In the first place we can find Apple with a value of more than 98 billion USD. Google...
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