Events

Deteriorating consumer sentiment in Europe's largest economy

According to the survey of GfK; The euro zone's financial crisis and the weakening euro start to impact on the consumer mood in Europe's largest economy, Germany. Thus, the consumer...

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4.6 percent turnover decline in retail sales

The retail sales volume – adjusted from calendary day effect – decreased by 4.6 percent, in the first quarter of 2010 and in March by 4.0 percent, compared to the...

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SME week to come

The European small and medium-sized enterprises can receive informations on supports and can exchange their experiences at the events of the European SME Week starting on Tuesday. More than 50...

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Moroccan producer who exported contaminated pepper excluded from export

According to Muláj Abbesz el-Kadiri Moroccan Ambassador, the exporter, who exported pepper contaminated with chemicals to Hungary will be excluded from export. The contaminated product was produced by a small...

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Industrial orders: 20 percent annual growth in the euro area

The euro zone’s new industrial orders increased in an extent, have not seen for 10 years in March, which may be another indication that the second quarter, will occur well...

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Many shops can not give back from the twenty-thousand banknote

According to the joint survey of the MasterCard and Bankkártya.hu joint in most of the shops in Budapest the change of the largest Hungarian bank not is still an impossible...

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Government program: focus on local food production

According to the rural chapters of the government program; The new government would terminate the multi tax nature of the food retail shelf money and would reduce the sales of...

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GKI index is on its pre-crisis level

In May, the value of GKI’s seasonally adjusted business climate index continued to rise. According to the survey, made by GKI Economic Research Co. (www.gki.hu), with the support of the...

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Decline in fruit and vegetables yield, due to rainfall

Due to the rainfall and the floods the fruit and vegetables yield, will be 10-15 percent less, but price increases are not necessarily expected. The experts questioned by the InfoRádió...

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Western Europe eats ducks rather than geese

The consumption of geese products decreased, partly due to the discrediting campaign of the Four Paws, partly because of the crisis in Western Europe. More and more customers are buying...

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The food industry should be treated as a strategic sector

The food industry may ruin, if we fail to boost innovation – states the Hungarian National Food Technology Platform. According to their calculations; 45-50 billion HUF should be invested in...

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There is no ceasefire between the stores and the suppliers

Next week, the suppliers will make a statement against those food retail chains, that are most violate the unfair trading practices law. The two major problems with the food retail...

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Széchenyi Card: 7.6 billion debt, from 750 billion

The Hungarian companies has reached 750 billion HUF credit line through the Széchenyi card system. Currently 1600 companies are on the black list, but the bankruptcy rate is relatively low.The...

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Hungary's competitiveness has improved

Hungary improved from last year’s 45th place to the 42nd in IMD’s 2010 competitiveness rankings – reports the Swiss IMD, the world's leading business school. According to the latest ranking;...

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The Ifo-index shows an improvement the global economic sentiment

The global economic sentiment index of the German IFO Institute for Economic Research improved further. The index of the second quarter rose to 104.1 points, from the former 99.5 points...

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The European Parliament does not support meet glueing

The European Parliament vetoed the European Commission's decision, which made it possible to use the thrombin enzyme as food additive. The thrombin was used to glue the meet parts that...

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‘It is ending precisely now…’ (Part 2)

This new, 6-part series by Trade magazin and GfK Hungária Market Research Institute focuses on price trends, pricing policies and consumer expectations in terms of price. Last time we called...

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Households spent less on yoghurt last year

Last year 86 percent of households bought yoghurt – shows ConsumerScan by GfK Hungária. As for fruit yoghurts, 81 percent of consumers bought one flavour or another, so sales remained...

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The fourth screen

It caused a lot of excitement when in Nielsen’s first quarterly report the company audited the efficiency of programmes and ads in so-called 4th-screen broadcasts – these run on displays...

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Net wages escalated by ten percent

At enterprises employing a minimum of 5 people and at budgetary institutions, gross average wages were 3.7 percent higher and net average wages improved by 10.3 percent in the first...

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Ice cream sales by shops took a favourable turn

Ice cream managed to better its market position: according to the Nielsen Retail Index retail turnover increased in terms of both value – by 3 percent, reaching HUF 18 billion...

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Category identifying placement

Energy drink category is a dynamically expanding one, which has been growing by two-digit numbers for years. Balázs Ruip, Red Bull Hungária Kft.’s trade marketing manager told our magazine that...

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Coded price-hunting with iPhone

Árukereső.hu, Hungary’s most popular price comparison site introduced a useful application for iPhone. By using the iPhone camera to read products’ barcodes in-store, the application finds the best on-line price...

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Unemployment hits a peak

Unemployment hit a 16-year peak in December 2009-February 2010: KSH measured the unemployment rate to be 11.4 percent, with 3,726,000 people being employed and 479,000 unemployed in the 15-74 age...

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Ice cream experiences from branded products

It seems like the crisis does not affect ice cream sales – Nielsen reported improvement. If we look behind the trend, we can see that private labels are slowly expanding...

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They are the best in promotion

Trade magazin, in cooperation with Nielsen and with support from POPAI Hungary and Trade Marketing Club organised its promotion competition. Manufacturers and promotion agencies competed in 5 categories (food, drink,...

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The most frequent places for buying certain categories

Hyper- and supermarkets are the most frequent places for buying categories such as carbonated soft drinks, mineral water, beer, household cleaners and chocolate – states Nielsen ShopperTrends....

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Food prices stepped on the brake

In March 2010, the monthly average consumer price increase was 0.7 percent, but compared with March 2009 prices were up by 5.9 percent On average, prices were 6 percent higher...

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Larger packaging units experienced a bigger decline

Data from GfK Hungária’s ConsumerScan indicates that 40 percent of Hungarian households bought some kind of family size ice cream in 2009. The average household purchased this cold delicacy 6...

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‘Fishing net instead of fish!’ – a new element in the Food Avalanche programme

Syngenta and the Hungarian Food Bank Association launched their Food Avalanche programme for the 3rd time in February 2010. There were 26 applications and 9 winners were announced. Municipalities and...

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