Events
By 2020 an expansion of supermarkets and discount stores is expected
Date: 2010-11-02 18:14:09
GfK Hungária recently examined short-, mid-, and long-term retail trends. Based on the results they prepared several scenarios for 2011-2020. Hypermarkets’ market share is expected to remain 23 percent in...
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Cheese drink is here
Date: 2010-11-02 18:09:59
Japan surprises the world with something new every week. This time it is cheese drink: tropical orange juice with 51-percent fruit content is flavoured with exotic cheese. The drink tastes...
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Cartridge cleaners
Date: 2010-11-02 18:08:19
Liquid soap and washing up liquid refills are not novelties these days. Not until somebody comes out with the idea of refill cartridges. Planet People from Canada put a collection...
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Stickers against forgetting
Date: 2010-11-02 18:06:59
‘Beauty is timeless. Beauty products are not.’ – this is the slogan of the service called Beauty Alert. The company entered the market with stickers which make it easy to...
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Food product import reduced
Date: 2010-11-02 18:04:58
In the first six months the volume of export increased by 18 percent from the base period and import also grew, by 15 percent. KSH’s quick report also reveals that...
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Weak forint strengthens the industry
Date: 2010-11-02 18:03:43
In July 2010 the volume of industrial production augmented by 9 percent, compared with July 2009. In the first seven months industrial export improved by 15.7 percent (by 11.2 percent...
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Food industry prices fell
Date: 2010-11-02 18:02:21
While domestic sales prices fell by 0.6 percent in July 2010 (in comparison with June), they rose by 9.9 percent if compared with the level of July 2009. According to...
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Inflation is at a standstill in the eurozone
Date: 2010-11-02 18:00:28
Eurostat reported that consumer prices increased by 0.2 percent in the eurozone in August, in comparison with July. In the EU-27 consumer prices were 2.1 percent higher in July 2010...
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Food prices on their twenty-seven month peak
Date: 2010-11-02 17:57:33
According to the calculations of FAO, the UN Food and Agriculture Organization; Food prices increased to their twenty-seven month peak in October, particular, due to the rise in the prices...
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Pork prices are lowering again
Date: 2010-11-02 17:56:59
The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and meat products. Their last report reveals that the production price of domestically bred pig fell...
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Retail turnover finally expanded
Date: 2010-11-02 17:55:17
In July the volume of retail increased for the first time since March 2007: by 1.7 percent if compared with July 2009. However, in the first seven months of 2010...
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Tea is the second most popular warm drink
Date: 2010-11-02 17:52:23
In January-June 2010, 69 percent of households bought tea. From the different tea types black, flavoured black and herbal teas were the most popular, with a 27-30 percent penetration. Fruit...
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Shower gels and deodorants are the most popular in gift packages
Date: 2010-11-02 17:46:48
Christmas gift packages with body care and cosmetic products were sold in the value of HUF 3 billion in the last Christmas period. It is noteworthy though that sales were...
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Health is the key word that slowly changes the structure of the tea market
Date: 2010-11-02 17:45:33
In the recent period the tea market strengthened above the level of inflation, in terms of value: consumers bought more from expensive tea varieties. Lilla Adorján, Unilever’s category operations assistant...
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Demand shifted towards more expensive segments
Date: 2010-11-02 17:43:44
On the HUF 13 billion annual tea market retail trends differ from the general trend: consumers are not trying to economise. In May 2009-April 2010 tea retail sales grew by...
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Breakfast cereal is the choice of young families with many children
Date: 2010-11-02 17:42:27
According to GfK Hungária’s ConsumerScan, half of Hungarian households bought some kind of cereal product in the first half of 2010. Breakfast cereals were the most popular, followed by muesli/cereal...
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Only muesli was capable of a positive performance
Date: 2010-11-02 17:38:26
According to the Nielsen Retail Index, retail sales of cereals and cereal bars fell by 2 percent in value and by 1 percent in volume, in December 2009-July 2010. Volume...
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Large packaging units debuted well
Date: 2010-11-02 17:35:07
The Nielsen Retail Index revealed that butter’s value and volume sales both grew by 4 percent in December 2009-July 2010, in comparison with the same period one year earlier. Sales...
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Lower level of concentration, private label sales diminished
Date: 2010-11-02 17:29:33
According to the Nielsen Retail Index, the share of stores larger than 400 m² from wiener volume sales decreased by 3 percentage points in the first half of the year....
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Close to 1,000 billion surplus in trade balance
Date: 2010-11-02 16:31:26
According to the report of the Central Statistical Office; In January-August of 2010, the trade balance surplus was 956 billion HUF (3,493 million euros) 355 billion HUF (1413 millioneuros) more...
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Huge revenue due to 25-30 percent rise of alcohol tax
Date: 2010-11-02 00:24:14
Turkey's Finance Minister Mehmet Simsek pointed out that he expected a government move to raise a special consumption tax on alcohol by 25-30 percent to bring in $556.5 million in...
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Hungarian milk production descreases
Date: 2010-11-02 00:00:26
Three EU member states face levies worth € 19 million for exceeding milk quota. Denmark, the Netherlands, and Cyprus were the three states –out of 27 members, which exceeded their...
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Sodexo and Food Bank compliment ten thousand elderly people
Date: 2010-11-01 23:01:01
Sodexo Magyarország Kft. and the Hungarian Food Bank Association complimented the elderly on the occasion of the Month of the Elderly. Sodexo made desserts from the base material provided by...
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New plant opened by Bounduelle
Date: 2010-11-01 22:10:53
French vegetable producer Bonduelle has announced that it has opened a new plant in Brazil. Located in Marajo, Goiás State, the plant mainly produces green peas packaged in tins. The...
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Wine-album released by actor András Várkonyi
Date: 2010-11-01 19:47:20
Famous HUngarian actor András Várkonyi released his very first wine-album, with twelve self-written songs about wine. Here is the tracklist: 1. Gárdonyi Géza: A bor legendája 2. Szüret 3. Másnap...
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World retail congress in Berlin
Date: 2010-11-01 11:57:45
In three days more than 130 presenters will give an overview of retail’s state after the crisis on 25-27 October in Berlin. How should retail react to the challenges of...
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Aluminium box return vending machines were set up
Date: 2010-11-01 11:55:32
The test run of aluminium box return vending machines started, with support from the Association of Hungarian Brewers. This year 22 Hungarian-made return vending machines will be placed all over...
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French-Hungarian business meeting in Budapest
Date: 2010-11-01 11:49:21
Early July the fair of French and Hungarian regions was organised once again, together with a meeting for French and Hungarian businessmen. The event took place in Sofitel, where the...
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The panic is over, but consumers are still cautious
Date: 2010-11-01 11:17:06
The consumer confidence index moderately improved in the past three quarters in Hungary, but is still in the negative zone (we can speak of a positive mood above 100). In...
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Zoo visit for milk or juice carton boxes
Date: 2010-11-01 11:09:32
Happy Box Days were organised by the Beverage Carton Environmental Association Foundation. 1,545 children visited the Budapest Zoo in exchange for 10 empty carton boxes per person. Nearly 20,000 boxes...
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