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New recognition: Hungarian Agricultural Economics Quality Prize

Soon a new trademark will appear on the packaging of a few food products: the Hungarian Agricultural Economics Quality Prize honours companies’ efforts to meet quality requirements, thereby setting them...

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To leave or to stay, that is the question

It is constantly debated whether trade fairs and participating in them are necessary. Ilka Theil, marketing leader of Idea Zone says that statistical data from 2008-2009 are significantly worse than...

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Sensormatic system at NorgesGruppen

Norway’s leading food retail chain, NorgesGruppen equipped its stores with Sensormatic® acousto-magnetic (AM) detection technology in order to cut down on stealth and increase profits. Sensormatic AM labels are smaller...

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Behind the scenes and in front of the scene

What to look out for at a fair venue? What is the secret of successful exhibitors? How can typical mistakes be avoided? – these are only a few of the...

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Trends in high turnover food products

Retail turnover growth of a few high turnover food products in October 2008-September 2009, compared to the previous such period (measured in value; in percentage)....

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Food prices curb inflation again

In September 2009, consumer prices were 4.9 percent higher than in September 2008. KSH’s quick report reveals that food prices decreased by 0.6 percent in comparison with August, largely due...

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Sales approach an annual HUF 27 billion

Demand for wiener is steady: 27,000 tons were sold in September 2008-August 2009, just like a year earlier, according to the Nielsen Retail Index. Wiener sales grew above the meat...

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Producers paid less for meat

The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and fruit/vegetable products. Their last report reveals that the production price of domestic pork fell by...

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The crisis made wiener buyers more rationalistic

Consumers accept pre-packaged wieners and do not think of deli counter wiener as better. The price advantage of the latter is also dwindling and it is important to be aware...

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GKI expects Euro’s exchange rate to be at 260 Forints next year

According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, the Hungarian economy hit rock bottom in autumn 2009 and in the 4th quarter a modest growth is expected....

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They spent more on wieners

According to GfK Hungária’s ConsumerScan, Hungarian households bought 3 percent less wiener in the first eight months of 2009, compared to the same period last year. The average price per...

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Retail in a bad patch

Retail sales continued to fall in August, in terms of volume. Sales turnover of retail stores was down by 4.2 percent in the first eight months of 2009 and by...

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Increasing public demand for cheap products

According to the datas of GfK Hungária Market Research Institute; in the third quarter of 2009, the households purchased recommended daily products 1.3 percent lower than a year earlier. However,...

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Domestic food retail sales increased in value, decreased in volume in the third quarter

According to Nielsen market research company; with Hungary food retail sales volume decresed in nine European countries in the third quarter, compared to last year’s July -September. In Hungary, the...

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We are facing a money saving Christmas

The Christmas season in the United States starts each year, the Friday after Thanksgiving day. The Equilor Investment Ltd. examined how the Christmas shopping season can evolutate in Hungary and...

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Eurozone’s unemployment rate reached its 11-year peak

In the Euro-zone, the seasonally-adjusted unemployment rate is currently 9.8 percent, stagnaiting on its 11-year peak level in October, after the September rate was modified from 9.7 percent to 9.8...

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GVH would pay tracking fee

According to a law proposal; In the future 1 percent of the imposed fine, but not more than 50 million HUF would be given to the person who provides evidence...

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Year-end mall handover rush

While less shopping centers are handed over this year, than in the last year, at the end of the year, malls are handed over; one after the another in Europe....

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One giant leap in the Chinese credit card debt

According to the report of the Chinese central bank; The over six months credit card debts more than doubled in the first three quarters of the year in China, compared...

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The number of dangerous products are growing due to the crisis

Although there is no accurate measurement and assessment of the impact of the crisis, in the market of counterfeit products, the turnover of the non authentic products shows an increasing...

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Environment protection product fee: a lump sum, instead of the more complex solution

From January agri-producers can pay their environment protection product fee, product registration, record keeping, reporting and payment obligations with lesser administration, as a lump sum – thanks to the legislative...

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Stagnating industrial producer prices

According to the Central Statistical Office; The industrial producer prices have not changed, compared to the previous month or to a year earlier period in October. The Hungarian industry's sales...

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The THM-ceiling may be the end of quick loans

Many people agree that now it is time to tighten the conditions of the Hungarian retail lendings, including consumer credits. One elements may be the much-debated introduction of the THM-ceiling....

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After one and a half year, the prices have increased in the EU again

Inflation returned into the euro area in November: According to Eurostat's first estimations, published on Monday, consumer prices were 0.6 percent higher than a year earlier. This is the first...

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The Americans throw out 40 percent of the food

According to an American survey; the nation's population throw 50 percent more food into the trasher than in 1974. An average 1400 calory food per capita is thrown into the...

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Germany can put an end to the monitoring of the staff

According to press reports in Germany at several chains of stores, the illegal monitoring of workers is a “daily routine”. Among others the workers are being monitored in the stores...

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GKI: The foreign market demand and the EU support can help in recovery

According to the forecast of GKI Economic Research Co., in cooperation with Erste Bank; This year, in the Hungarian economy a 6.5 percent decline and future stagnation is expected. The...

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This year, Americans spent more on Black Friday

Retail sales on Friday increased slightly, by half a percent in the United States, which is traditionally one of the busiest day of the Christmas shopping period. Retail sales showed...

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Different bargaining positions in the food industry

The domestic food companies were not prepared for the EU's competition, the high charges, only further increase their vulnerability in competition – said Éder Tamás, President of the National Food...

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The deodorants and shower gels are the most popular

According to Nielsen; decorative packaging toilet preparations and cosmetics are becoming more and more popular as Christmas gifts. More than 3 billion HUF worth of gifts were sold last year...

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