Market News
Cooking oil producing highest price rise
Date: 2008-12-16 08:00:00
Prices were up by 5.1 percent in October 2008, compared to October 2007, and 0.2 percent higher than in September. Food prices were up by 0.3 percent compared to September....
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Delhaize group in seven countries
Date: 2008-12-16 08:00:00
The Delhaize group ranks 31st among the largest retail enterprises in the world. . It has 2 602 stores in seven countries, with 1 575 located in the US. In...
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Hidden camera
Date: 2008-12-16 08:00:00
In the summer, the Dairy Product Council had begun preparing for demonstrations against multinational chains blamed for the market difficulties which milk producing and processing enterprises are facing. They want...
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Concentration stopping in the fruit juice market
Date: 2008-12-16 08:00:00
Retail sales of fruit juice were up by 5 percent in terms of value in the September 2007 – August 2008 period, compared to the preceding year, totalling HUF 47...
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Shrinking orders
Date: 2008-12-16 08:00:00
Industrial production was down by 0.7 percent in September 2008, compared to September 2007. Industrial export was down by 2.1 percent. Production of the processing industry was down by 1.8...
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New products in the top 10
Date: 2008-12-16 08:00:00
A top 10 of the best selling FMCG categories is compiled by Nielsen at the end of each two month period. Processed meat, beer, cheese, carbonated soft drinks and mineral...
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Drinks rich in vitamins, at decreasing prices
Date: 2008-12-16 08:00:00
Demand for fruit juices is higher in colder months than in the summer. However, growth of the segment stopped last season, as a result of a substantial rise in the...
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Increasing number of private labels in promotional leaflets
Date: 2008-12-16 08:00:00
According to the leaflet Monitor published by GfK Hungária, growth has continued in the market of promotional leaflets. Leaflets are still regarded as one of the most effective advertising tools...
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New industrial computer from Intermec
Date: 2008-12-16 08:00:00
The new CK3 industrial mobile computer by Intermec was launched in Hungary in November. The CK3 intended primarily for logistic applications uses the most advanced wireless communication and bar code...
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Drugstores showing dynamism in face, body and hand care
Date: 2008-12-16 08:00:00
Retail sales of face lotions were up by 4 percent in the September 2007-August 2008 period, compared to the preceding year. The size of the market has exceeded HUF 9...
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Brief period of happiness after three difficult years
Date: 2008-12-16 08:00:00
2008 has been a good year for agriculture as production has grown by 20 percent, following three years of decline. At the same time, the domestic market has shrunk, with...
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Strategies for recession
Date: 2008-12-16 08:00:00
A roundtable discussion has been held under the title „Marketing- and communication strategies in times of recession” by the Hungarian Consumer Platform, Kirowski and GfK Hungária. The importance of a...
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Innovations for ageless skin
Date: 2008-12-16 08:00:00
Although the effects of the financial crisis can be felt in the market of personal hygiene products, average sales are doubled during the Christmas season. Manufacturers have a large number...
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Effect of price rise on sales
Date: 2008-12-16 08:00:00
The majority of FMCG companies have been forced to increase their prices. However, the effects of price increases can only be assessed subsequently. “Does an optimal strategy exist?” and ”...
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Slovenian winner at Art Award
Date: 2008-12-16 08:00:00
This year’s winner of the EUR 7,000 Henkel Central Eastern Europe Art Award is Miha Štrukelj from Slovenia. A total of 500 works have been entered for the competition....
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Hand cream targeted primarily at the 60+ age group
Date: 2008-12-16 08:00:00
According to data from GfK Hungária ConsumerScan, 28 percent of households purchased some kind of body care lotion in the January-September 2008 period. Sales were down by 5 percent in...
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Number of insolvent companies growing
Date: 2008-12-16 08:00:00
The insolvency index was up by 10 percent in the first nine months of 2008, compared to the same period in 2007. Insolvency is highest in the construction, wholesale and...
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Decreasing prices in agriculture
Date: 2008-12-16 00:00:00
In October 2008 the producer price level of agricultural products was 16.5% lower than in the corresponding period of the previous year – said the Hungarian Statistic Office. More specifically,...
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Demand for households papers and desodors grow
Date: 2008-12-15 00:00:00
According to Nielsen research the common sold household chemicals are the fabric softeners, the toilet papers, dushgels and pocket tissues. The value of the TOP 10 households chemicals is over...
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The production of manufacturing fell by 8.6% in October
Date: 2008-12-15 00:00:00
According to Hungarian Central Statistic Office In October 2008, industrial gross output decreased by 7.2% compared to October 2007, the index adjusted for working days was equal to the non-adjusted...
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German firms plan wage hike in Hungary
Date: 2008-12-15 00:00:00
According to a research, commissioned by the German-Hungarian Chamber of Industry and Commerce, German firms operating in Hungary plan an average 6.2% wage hike next year. The headline wages at...
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Collective bargaining ended
Date: 2008-12-15 00:00:00
Employers and unions agreed at a Friday meeting of the OET to a general wage increase of 3-5% in 2009 and to establish Hungary’s monthly minimum wage at HUF 71,500...
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This year in the first 11 months price increased by 6.3%
Date: 2008-12-12 00:00:00
According to the Hungarian Statistic Office in November 2008 consumer prices decreased by 0.2% compared to the previous month and rose by 4.2% compared to November 2007. In November 2008...
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Dutch Supermarket Sales Growth forecast only 3% in 2009
Date: 2008-12-12 00:00:00
The supermarket sector reported sales of 28.7 billion euros in 2007, a 4.7 percent rise. The sales in the week leading up to Christmas to go up by 7 percent...
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Origin and brand is important for shopping Hungarians
Date: 2008-12-12 00:00:00
According to the GfK Shopper Insight 2008 reseach half of the shopping Hungarians always or often compare the products with different brands. Almost half of the shoppers hold on to...
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The authority controls thousands of food entrepreneurs and 80,000 products. The office made survey o
Date: 2008-12-11 00:00:00
According to a press conference of the Hungarian Agricultural Administrative Office, the authority made 6,000 penalty captions from January-October 2008. The authority controls thousands of food entrepreneurs and 80,000 products....
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57 tons dioxin- incriminating liverish in Hungary
Date: 2008-12-11 00:00:00
Kaiser-Food Kft. imported in November 42 tons liver from Ireland, from this 29 tons are frosted, but from the rest liver paste were made and sold in the retail. After...
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Dioxin poisened pork in Romania
Date: 2008-12-11 00:00:00
3 tons of toxic pork from Ireland arrived into a depot in Bucharest, it was transported to 5 South-Romanian companies – said the Romanian Food Safety authority. It's sure that...
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EU to scrutinise competition in food retail sector
Date: 2008-12-11 00:00:00
European Union regulators pledged on Wednesday to crack down on uncompetitive practices in the food retail sector. Warning of a risk that food retail consolidation might be against consumer and...
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Germany's Retailers are optimistic
Date: 2008-12-10 00:00:00
According to Reuters informations, last week Germans spent 1% more, 4.7 billion euros for Christmas presents. High-quality toys as well as books, CDs and DVDs were among the most bought...
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