Market News
Russian Frozen Bakery Products Sector to Grow Dynamic
Date: 2008-08-07 00:00:00
The market for frozen bread in Russia, which is currently estimated at USD 600 million, has the potential to grow 25-30% per year. The market is fast-growing, indeed, for the...
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Hungarians drink less roast coffee between January-Mai 2008
Date: 2008-08-07 00:00:00
Since many years the market growth comes from 3 in 1 segment. According to GfK Hungária research company 8% less roast coffee was sold in the first 5 months...
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Increase slow down by external trade
Date: 2008-08-06 00:00:00
According to KSH (Central Statistic Office of Hungary) in May 2008 the exports were up by 2, the imports by 4 percent as compared to the same month in the...
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Industrial gross output is indisposed
Date: 2008-08-06 00:00:00
According to preliminary data in June 2008 the industrial gross output decreased by 0,3% compared to June 2007, the index adjusted by working days was equal to the non-adjusted one....
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Heavy crop from Hungarian Honey
Date: 2008-08-05 00:00:00
Yearly 25,000 tons of honey are produced in value of HUF 12 billion in the country. The domestic consumption is almost 5,000 tons. The suppliers price are between HUF 430-580....
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The most body lotion are sold in drogeries
Date: 2008-08-05 00:00:00
The domestic market of body lotion grow in volume by 8% in value by 7% between June 2007 – 2008. Retail sale body lotion yearly in value of HUF 7...
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California AG Says Settles Potato Chip Lawsuit
Date: 2008-08-05 00:00:00
California settled lawsuits against four potato chip and french fry makers after the companies agreed to reduce the levels of a cancer-causing chemical in their product. H.J. Heinz, Frito-Lay, Lance...
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Next year Cocoa Prices to Rise Again
Date: 2008-08-05 00:00:00
According to specialist the global cocoa market is set to remain in deficit for at least two more seasons and the average price should rise in 2009. With supply-side risks...
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June Retail Sales Fall in Germany
Date: 2008-08-04 00:00:00
Retail sales in Germany fell by a worse-than-expected 3.9% year-on-year in June, after higher inflation eroded consumer purchasing power. The Federal Statistics Office added that sales, adjusted for inflation and...
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The forint is very strong
Date: 2008-08-04 00:00:00
The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that this year both the internal and external equilibrium improve significantly and the Hungarian economy gets...
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Ukraine Sees 2008 Sugar Beet Crop 18 pct Down
Date: 2008-08-04 00:00:00
Ukraine's sugar beet crop is likely to decline to a maximum of 14 million tonnes this year from 17 million in 2007, a top agriculture official was quoted. According to...
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HUF 16 billion for spices
Date: 2008-08-04 00:00:00
According to AC Nielsen research company first of all the sale of paprika and the mixed spices grow between Februar 2007 and January 2008.The sales of spices increased by 9%...
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Pessimism in EU 15
Date: 2008-07-31 00:00:00
Business and consumer confidence plunged in the 15 countries using the euro in July, hitting the lowest level in more than five years, the European Commission said. Consumer confidence...
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GKI Index on two-years’ top
Date: 2008-07-31 00:00:00
In July the seasonally adjusted Business Confidence Index of GKI reached its highest value measured in 2008. The survey of GKI Economic Research Co. (www.gki.hu) sponsored by the European...
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(HU) Szükség esetén visszaállítaná a gabonaimportvámokat az EU
Date: 2008-07-31 00:00:00
...
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June Retail Sales Show Rise in Sweden
Date: 2008-07-30 00:00:00
There was a better-than-expected 3.3% growth year-on-year in June, indicating that the economy may have slowed slightly less than forecast in the second quarter. Sales were up 1.8% when compared...
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Wheat growers to wait, better to store
Date: 2008-07-29 00:00:00
This year we have heavy crops, it will be more than 5.5 tons, what is wide over the average.Growers would get HUF 40-50,000/tons, but there is a big offer from...
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ALDI plans further expansion in Australia
Date: 2008-07-29 00:00:00
Aldi has earmarked a sum of AUD1 billion for its expansion in Australia during the next three years. Currently, Aldi runs 172 stores in New South Wales, Victoria, Queensland and...
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Brussels would modify the rules
Date: 2008-07-29 00:00:00
EU Agriculture Commissioner Mariann Fischer Boel wants to scrap 26 of 36 marketing standards, the 10 remaining items account for 75 percent of the EU's cross-border trade in this area....
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Tenders for developing e-commerce
Date: 2008-07-29 00:00:00
The authorithy extended the administration termin of GOP-2008-2.2.3 tender until year's end. The tender for implementig modern ERP-systems has been announced within the framework of the New Hungary Development Plan....
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The decrease of retail trade turnover continued
Date: 2008-07-28 00:00:00
On production side, the main factor of economic growth was industry both last year and in the past period of this year. However, the performance of the branch –...
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European Omega-3 Market to Grow 23.6% Per Year
Date: 2008-07-28 00:00:00
The market was valued by researcher of Frost & Sullivan at USD 296 million in 2007 and is expected to hit the USD 1.3 billion mark in 2014. Raw...
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Record growth for UK's discount retailers
Date: 2008-07-25 00:00:00
According to TNS Worldpanel, discount retailers now account for 5.9pc of all grocery spending in Britain. Aldi grew its market share by 19.5pc to 2.9pc over the period, while Lidl's...
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Safety of cloned animal products uncertain
Date: 2008-07-25 00:00:00
The European Union's top food safety agency (EFSA) said cloned animal products may not be safe and further study was needed. In March 2007, the European Commission — the EU's...
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Retail decreased in Mai
Date: 2008-07-25 00:00:00
According to calendar adjusted data, the volume of retail sales decreased by 1.6% in May, and by 2.4% in the first five months of 2008 compared to prior-year levels. ...
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Britons bought more in Mai
Date: 2008-07-25 00:00:00
The highest increases were observed in the United Kingdom and Lithuania, and the largest decreases were in Spain, Latvia and Estonia. According to a Eurostat first estimate, in May...
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Snack firms pledge obesity fight
Date: 2008-07-25 00:00:00
More than £200m has been pledged by several food and drinks companies, including Coca-Cola, Kellogg's, Mars and Nestle, in a bid to tackle obesity. The funding comes amid a plea...
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