Market News
(HU) Szintentartásra volt elég a tavalyi év
Date: 2009-03-12 11:04:34
Gross domestic product of Hungary decreased by 2.3 percent in the fourth quarter of 2008 and by 2.5% when adjusted for calendar effects, compared to the corresponding period of the...
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Export fall extremly
Date: 2009-03-12 10:37:54
In January 2009, according to Hungarian Central Statistical Office's first estimates, exports amounted to HUF 1,172 billion (EUR 4,213 million), while the value of imports reached HUF 1,218 billion (EUR...
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Promotions make people active
Date: 2009-03-10 06:44:00
According to Szonsa Ipsos newest POSTerTEST survey, the promotion ads of retail sector make people more active as the average. The average activition rate of the outdoor campaigns in 2008...
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5,000 pair fake Nike shoes
Date: 2009-03-10 06:31:30
The authority arrested the HUF 38 million value goods and took legal proceedings against unkknown person. The member of Hungarian Customs and Finance Guard controlled a Czech van in Gyula,...
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EU Citizens prefer to shop online in their own countries
Date: 2009-03-10 05:49:03
Between 2006 and 2008 the percentage of European Union consumers buying at least one item over the Internet increased from 27% to 33%. The proportion of consumers buying online across...
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Real earnings will moderately, consumption significantly decrease
Date: 2009-03-09 08:05:39
The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that both the depth and duration of the global recession are still unpredictable; but forecasts all...
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Demonstration of dairy farmers to wait
Date: 2009-03-06 11:04:41
Dairy entrepreneurs ask the government to start the former published reorganisation program in value of HUF 2.5 billion. Dairy farmers talk about a new demonstration because of deep buy-up price....
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Consumers change habits as recession tightens its grip
Date: 2009-03-06 09:35:39
The recession has forced 87% of consumers to change their shopping habits, according to a study by research consultancy Shoppercentric. Out of a thousand people surveyed by market research agency...
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Working-capital loan for Hungarian food industry
Date: 2009-03-05 12:44:23
The Hungarian Development Bank would injection HUF 30 billion into food industry sector. The bank would undertake 100% guarantee of the trade banks' resource placements. To this step the law...
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What is the real Hungarian product?
Date: 2009-03-05 12:40:40
The preparatory committee of Food codex can't agree about the defination of „Hungarian product” in the domestic retail. The problem is that the producers work also from importad raw materials,...
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Reaching for the bottle
Date: 2009-03-05 08:00:00
It was announced on 16 February that the tax on alcohol is to be increased by 3-7 percent. What is wrong with this? Manufacturers are worried that this will not...
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Dietary supplements mainly from drugstores
Date: 2009-03-05 08:00:00
The market of vitamins and dietary supplements has been growing dynamically, according to Nielsen data. Double digit growth took place in 2008, with total sales exceeding HUF 4 billion. Sales...
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Millions of people sensitive to food
Date: 2009-03-05 08:00:00
Unfortunately, the number of people who are unable to consume specific food products is growing in Hungary. Such people can be classified using three major categories: 1.) Sensitivity due to...
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Code kept warm
Date: 2009-03-05 08:00:00
Food manufacturers and retailers seem to have finally reached an agreement about a Code of Ethics. Their objective has been to set a universal standard for market players to be...
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Dietary supplements demanding a place in retail
Date: 2009-03-05 08:00:00
As a result of increased stress in our lives and our increasingly polluted environment, dietary supplements are becoming more important for consumers than ever before. – Nowadays, what we read...
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Growth by small specialised food stores
Date: 2009-03-05 08:00:00
Retail sales were down by 2 percent in November 2008, compared to November 2007 and by 0.4 percent compared to October. Retail sales totalled HUF 5,656 in the January-November period,...
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On line store for Hungarian products in March
Date: 2009-03-05 08:00:00
The intention of Prémium Hungaricum Egyesület is to help Hungarian SME-s from the food sector in entering the market. This is why they are planning to start up an online...
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Vitamins from pharmacists and agents
Date: 2009-03-05 08:00:00
According to a survey conducted by GfK LHS Healthcare and data from Consumer Tracking, consumers still regard vitamins as an important means of maintaining health, though sales have dropped in...
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Meat market exposed to changes in exchange rates
Date: 2009-03-05 08:00:00
Global trends in the meat and poultry markets are monitored by the Agricultural Business Research Institute (AKI). Data from the market price information system of KSH and AKI can be...
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Record breaking growth for chemical products
Date: 2009-03-05 08:00:00
Top list of chemical products producing most dynamic growth in 2008 (percentage on 2007 basis)....
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Toilet cleaners showing growth
Date: 2009-03-05 08:00:00
According to Nielsen data, retail sales of detergents expanded by 5 percent last year, exceeding HUF 12 billion. Toilet cleaners, the largest segment in the category produced growth of 10...
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Uncertainty regarding the end of recession
Date: 2009-03-05 08:00:00
According to a forecast by GKI Gazdaságkutató Zrt and Erste Bank, the end of the global recession and its extent is completely uncertain. GDP in the EU is expected to...
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Hungarian Chamber of Agriculture urging introduction of SPS in 2009
Date: 2009-03-05 08:00:00
A substantial part of animal husbandry might disappear by 2012, which could lead to a major crisis. This danger comes from the delay in the introduction of the SPS law,...
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Stain-free cleanness with specialised products
Date: 2009-03-05 08:00:00
6-8 different types of detergents are used by average Hungarian households. Most housewives use specialised products and universal detergents at the same time. Dish washers, scrubbing powders and creams, germ...
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Hungarians worried mainly by cost of alcohol consumption
Date: 2009-03-05 08:00:00
44 percent of Hungarians claim that they never consume alcohol. According to a survey conducted by the GfK group for Wall Street Journal Europe, the biggest concern for Hungarians regarding...
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TV2 preparing for the spring with new programs
Date: 2009-03-05 08:00:00
As it has been revealed recently, a show under the title “Mr. & Mrs.” and hosted by Claudia Liptai and Attila Till is to be launched soon by TV2. Áll...
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Fewer households buying general detergents and floor cleaners
Date: 2009-03-05 08:00:00
According to data from the ConsumerScan of GfK Hungária, different changes have taken place in various segments of households detergents, which has resulted in some shifts in their respective market...
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Domestic chains re-magnetised
Date: 2009-03-05 08:00:00
According to the Shopping Monitor and Shopping Mission 2008-2009 surveys prepared about distribution channels by GfK Hungária, smaller stores continue to play an important role in Hungary. For the first...
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Cheap food after a good harvest
Date: 2009-03-05 08:00:00
According to a forecast by Kopint-Tárki Konjunktúrakutató Intézet Zrt. and Agrár Európa Tanácsadó Kft., food prices will only rise moderately this year, increasing at a slower rate than inflation. The...
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Drugstores strengthening their position in HUF 19 billion market
Date: 2009-03-05 08:00:00
According to the Nielsen Retail Index, retail sales of hair care products stagnated at slightly over HUF 19 billion last year. The nearly HUF 11 billion market of shampoos remained...
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