Market News

Since Hungary’s EU accession, the number of pigs decreased by nearly two million

Currently, the number of the Hungarian pigs are on Austrian level, about 3.2 million – said Menczel Lászlóné, secretary of the Livestock and Meat Product Board (VHT). The expert added...

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Partial success in the Slovak-Hungarian Tokaji Case

The European Commission deleted the Slovakian entry from the community register, that registered the Tokaji name among the protected geographical indications, in a benefit to Slovakia. But the Slovakian claim...

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Consumer durables market falling for one and a half year now

While we must spend on food, durable goods are not so important. The datas show the decline in demand. The decrease of the consumer durables market continues. According to GfK...

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Eurozone: 2 percent decline in industrial orders

In January 2010, the industrial orders within the Eurozone showed a 2 percent monthly decline, after the 0.8 percent increase of December. This is really a big surprise, because expectations...

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Battle for EU labeling

The Which? British consumer magazine sent jam donuts to all members of the European parliament, to protest against the planned changes in food labeling. The British consumer group states, that...

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Expanding British retail

British retail sales rose in February excess of the expectations, thanks to the record level sales of household goods. On the basis of the datas of the British statistical office;...

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The demand for quality sweets continues to increase in the Easter season

In the 2009 Easter period, the Hungarian consumers have been observed despite to high quality, despite the crisis, because twice as many high-quality chocolate candy was purchased than products made...

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Slow way out of the crisis

The recovery from the crisis, its speed and durability – especially the most important to us in the EU – is uncertain and a fragile process – states GKI. In...

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Nearly half of the investments came to Budapest

46 percent of investments of the country, came to Budapest last year, in addition the concentration increased in the last two years. The per capita investment was 823 thousand HUF...

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Retail sales: decreased by 5.5, increased by 0.6 percent

The retail sales datas of January 2010, adjusted from the calendar effect, decreased by 5.6 percent, compared to the same period of last year, but rose by 0.6 percent, compared...

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Easter ham traffic remained stable

Consumers continue to purchase Easter ham. Retail sales increased in value by 5 percent, in quantities by 1 percent last year in the March-April season, compared to the previous year's...

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Decreasing trade – increasing black economy

According to the Central Statistical Office; trade sales in January were less than a year earlier. Due to the decline last year, this reflects a very negative consumer market –...

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Decreasing expectations in wages

According to Workania.hu web job site; the expectations of job searchers fell to 166,700 HUF for an average wage in 2010, while in 2009, the expected to average wage was...

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The 102nd Social Store opened in Dombóvár

At the weekend the 102nd social store opened in Dombóvár. In the retail network – that was the initiative established by MAGOSZ – the fruits, vegetables basic foodstuffs of Hungarian...

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Last year a 30 percent decrease in sales of processed fruit occured

According to the president of the Hungarian Fruit and Vegetable Interprofessional Organisation and Marketing Council (FruitVeb) less fruit is expected this year than in 2009, although last year, the sector...

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The first self-service warehouse opened in Hungary

Nearly for 50 years, a large part of Americans do not store unnecessary stuff at home, rather in self-service stores. In the specially-built warehouses anyone can rent storage place. The...

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Everything for the little ones

Despite the number of babies born decreasing, the selection of baby products is widening. Krisztina Antal, Nestlé Hungária Kft.’s trade marketing manager is of the opinion that young mothers do...

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Lower biscuit and wafer sales than a year before

According to GfK Hungária’s Consumer Scan survey, in the November 2008-October 2009 period Hungarian households bought 11 percent less sweet biscuits than a year earlier. Biscuit selection, honey macaroon and...

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Private labels leap forward

When we bought food last year, almost every 4th Forint was spent on private label products – this amounted to HUF 300 billion, according to Nielsen. In the case of...

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‘Sweets resist the crisis’

The line cited above is the main conclusion of the Nielsen research – conducted in five countries – that was commissioned by Sweets Global Network, an international sweets trade association...

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Tomato and sweet corn on top

In December 2008-November 2009, canned vegetable retail sales augmented by 11 percent in value, but diminished by 3 percent in terms of volume – states the Nielsen Retail Index. The...

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We are looking for promotions more and more consciously

Price reductions and promotions are of highlighted importance these days, especially in the case of basic food products – reveals Shopping Monitor 2009/2010, a study by GfK Hungária. It also...

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From the journalist’s Berlin notebook

“After Hungary’s accession to the EU we needed three years to accommodate. We learned our lesson and are ready to compete.” (József Gráf, minister of agriculture and rural development) •...

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Home court advantage

Traditional flavours hold on to their leading position among canned products and jams. However, globalisation brought new trends as well. Nielsen’s data suggest that in the second half of the...

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New, standard measurement on the radio market

From January 2010, the Hungarian radio market applies a new, standard, hybrid method for measuring its audience: it was developed by the consortium GfK Hungária–Ipsos and soon the first official...

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