Market News
“Choose Domestic!” – web site encourages on purchasing Hungarian goods
Date: 2009-05-11 00:32:53
The creators of magyar-termekek.hu collects not only the Hungarian products, but the domestic manufacturers and the chain of shops too. They emphasizes that with the purchasing of domestic products of...
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A Reduce in consumption, but improving balance
Date: 2009-05-11 00:17:39
According to GKI Economic Research Ltd. and Erste Bank's 2009 prognosis: recession continues an deepens for a while, but pessimism all over the world is decreasing. The Hungarian economy on...
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US Fast-Food turnover declined
Date: 2009-05-11 00:01:00
The fast-food segment posted a 1 percent year-over-year drop in traffic during the quarter that ended in February – the first venture into negative territory since the same quarter in...
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The Hungarian origin of the goods is getting more important to the costumers
Date: 2009-05-08 01:37:20
After the good quality and the appropriate price, domestic origin has become the third most important criterion in selecting a product. Slight increase has been experienced in the ground of...
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Digital shelf tags in shops
Date: 2009-05-08 01:32:05
A new breed of Digital shelf tag systems appeared in Hungary. The centrally controlled data display informs the customers more reliable and cheaper in the long-terms. The price changes, different...
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Retail will fall back due to the reduction in the pensioners' income
Date: 2009-05-08 01:23:49
Reduction of the thirteenth monthly pension can reduce pensioners' income down with 8 percent lower. Elderly people can save on eating primarily. The statistics show that the pensioners purchase more...
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A truce in the American-European customs war
Date: 2009-05-08 01:17:56
After thirteen years the American-European customs war because of the hormone-treated U.S. beef can end. The worst part of the conflict was at the end of George W. Bush term...
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The epidemic may be a pretext to restrict trade
Date: 2009-05-08 00:58:06
The agriculture ministers of Mexico, the United States and Canada called on governments not to use the flu on the introduction of trade restrictions – the BBC reported. Almost 20...
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Surprising results of the latest food safety research (X)
Date: 2009-05-07 01:36:00
The research result of GKI draws attention to the importance of food safety developments. GKI Economic Research Ltd’s research shows that 24% of the domestic population generally does not believe...
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Reduced turnover of the products of traditional firstling
Date: 2009-05-07 00:15:54
Due to the dealers experience the turnover of vegetables and fruits fell heavilycompared to past year. Customers have less money and due to the weak forint, imports became more expensive....
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The export support of the small and medium-sized businesses’ on the riskier markets
Date: 2009-05-07 00:11:45
In the near future, Eximbank will get 142 million euros as the part of the 578 million euros state loan to provided to the Hungarian Development Bank . The claims...
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Reduced turnover of baths
Date: 2009-05-07 00:01:02
Due to the calculations of the Hungarian Spa Association (MFSZ) the taxation of recreation cheque could cause twenty percent reduction of the domestic traffic in spas and wellness hotels. In...
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The Hungarian households try to save on electricity, gas and clothes
Date: 2009-05-06 00:56:53
Almost two-thirds of the Hungarians reduced electricity and gas consumption during last year and spent less on clothing. 22 percent of the Hungarians has no any savings after having paid...
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Surprising results of the latest food safety research (X)
Date: 2009-05-06 00:53:54
The research result of GKI draws attention to the importance of food safety developments. GKI Economic Research Ltd’s research shows that 24% of the domestic population generally does not believe...
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GKI report on the situation of the Hungarian real estate market
Date: 2009-05-06 00:49:59
GKI’sApril market analysis notes, that the real estate sector is clearly one of the biggest losers of the financial-economic crisis. Assessment of the housing situation in 2008 is steadily deteriorating...
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Save on office paper!
Date: 2009-05-06 00:29:57
With reasonable printing billions can be saved. In Hungary, in particular the administration and education wastes most of the of paper. In Hungary approximately 425 million HUF per year is...
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Free parking for suppliers
Date: 2009-05-06 00:16:34
Suppliers does not have to pay parking fee during the loading time after Metropolitan Assembly has accepted Budapest Chamber of Commerce and Industry’s proposal. According to regulation between 10 and...
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Hard times for the retailers of shopping centers
Date: 2009-05-06 00:11:26
The fall in household consumption causes downhill-ride for the retail sector. Customers increasingly looking for cheaper products, which affects negatively the more expensive shopping centers. The decreasing demand may have...
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Adult education – the more efficient usage of human resources
Date: 2009-05-06 00:02:00
Especially those companies can survive, the global economic crisis, which focuses on not only the business but also the training of the staff. The majority of small businesses in Hungary,...
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Mineral water brands looking for ideal price/profit ratio
Date: 2009-05-05 08:00:00
In spite of the recent drop in sales, the mineral water category still has potential for growth. However, closer co-operation with the retail sector is required to utilise this potential.....
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Industrial statistics continue to worsen
Date: 2009-05-05 08:00:00
Industrial production was down by 25.4 percent in February 2009, compared to the same month in 2008 and by 4.1 percent compared to January 2009. As a result of a...
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Decline in market of mineral water
Date: 2009-05-05 08:00:00
According to the GfK Hungária ConsumerScan, the market of mineral water showed decline both in terms of quantity and value last year. Sales were down by 5.1 percent in terms...
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Milk price hitting bottom
Date: 2009-05-05 08:00:00
Supply prices of agricultural products were down by 27.4 percent in February 2009, compared to the same month in 2008. The price of plant products was down by 37.2 percent,...
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Buying local products voluntarily
Date: 2009-05-05 08:00:00
Following many months of negotiations, a code of ethics has been signed by the representatives of retailers, farmers and processing enterprises which will become effective on 1. July. According to...
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Faster than average growth in sales of insecticides
Date: 2009-05-05 08:00:00
The market of insecticides expanded by 11 percent in terms of value in the March 2008-February 2009 period, compared to the preceding 12 months, with retail sales exceeding HUF 3.5...
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Volume of foreign trade down
Date: 2009-05-05 08:00:00
Export was down by 28 percent in January, compared to January 2008, while import was down by 27 percent. The balance of foreign trade showed a deficit of HUF 47...
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Private labels on the offensive
Date: 2009-05-05 08:00:00
Private labels have been continuously increasing their share in retail sales for years. The assortment of private labels is widening and deepening at the same time. The perception of private...
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Demand shifting towards insect repellents with lower environmental impact
Date: 2009-05-05 08:00:00
As long as insects will continue to exist, insect repellents will have a stable market. However, demand is shifting towards products which have a smaller impact on our environment. As...
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Portugal in the forefront of growth
Date: 2009-05-05 08:00:00
Food retail has been developing at a remarkable rate in Portugal, which was second only to Poland in terms of quantitative growth last year. Sales of FMCG products grew by...
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