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European flood of milk, falling lamb prices

Agricultural Business Research Institute (AKI) continuously monitors trends in the world market of meat and poultry. Data from the Market and Price Information system of KSH and AKI can be...

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Cheese sales concentrated in modern store types

The dynamic growth of cheese sales seen in recent years has slowed down. With growth of 8 per cent in terms of value between July 2006 and June 2007, annual...

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Unchanged prospects for consumers, less optimism for business

The value of the GKI economic prospects index has only shown moderate fluctuation since August last year, falling somewhat in July. According to a survey conducted by GKI Gazdaságkutató Zrt.,...

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Fighting common taste

The block of people who regard cheese as being identical with trappista is still substantial and constitute the majority. The situation is however, changing slowly. – In Hungary, there is...

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Buying food: quality is important

According to a 2007 survey by GfK Hungária, the high quality of food to be bought is the primary consideration for Hungarian consumers. A 1-5 scale was used to evaluate...

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Dynamic expansion in the market of paper diapers

The growth in retail sales of paper diapers has continued to accelerate. An increase of 12 per cent was registered by Nielsen in the July 2006–June 2007 period, with total...

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Marked price rise for grain

The prices of agricultural produce were 6.4 per cent up in June 2007, compared to June 2006. The prices of plant produce were up by 12.6 per cent, whereas that...

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Beyond absorbing capacity

Requirements for diapers are becoming increasingly diverse, but consumers continue to be sensitive to price. According to market research data, hyper markets are taking an increasing share from the sales...

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Recession in retail speeding up

The volume of retail trade continued to shrink in June 2007. According to KSH data, retail turnover in the second quarter of the year was 3 per cent less than...

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Facts and arguments

Compared to August 2006, food prices rose by 10,9 per cent, which is above the average rate of inflation. Food prices are also rising drastically in the world market, as...

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Intimate hygiene tissue: expansion above average

The market of intimate hygiene tissues is small but growing dynamically. According to the Retail Index of Nielsen, retail sales show an increase of 16 per cent in the July...

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Growing loyalty towards supermarkets and discount stores

According to the Shopper Trends study by Nielsen, the significance of modern store types has continued to grow. Hyper markets, super markets and discount stores are becoming the primary places...

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Outlet center in Polgár

From HUF 4billion investment a mall is built near to M3 motorway in Polgár. The M3 Outlet Center will be finished on March, the construction work is made by Strabag,...

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The biggest Hungarian trade union wants real wages correction

According to delegates of employers, the are several sectors, where in 2008 the agreed wages increase can't be given. Because of the tightening actions and the high inflations rate the...

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From March no more HUF 1, 2 coins

The ratio of lost 1 and 2 forint coins has been very high for years and the price of base materials, primarily copper, nickel and zinc, also rose considerably in...

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Less sale from basic food too

According to KSH the retail sales of food products dropped drastically in the first seven months. Hungarian retail sales dropped by 0.4% month on month in July, according to data...

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Fake Gillette made in China

Two Chinese brothers have been charged with making 160,000 fake “Gillette” razor blades.  The brothers, surnamed Zhang, were accused of assembling Gillette Mach 3 razor blades at home with family...

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Hungarian food industry campaign in Germany

German customers can buy hungarian food products and wines at four cities' at five Kaufhof stores between 10-22 September. The Hungarian Weeks in Berlin, Leipzig, Halle and Chemnitz is protected...

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Price cartel at milk products in UK

Britain's big supermarkets are facing substantial fines after being accused of fixing the prices of milk, butter and cheese with the dairy industry. The alleged price collusion is estimated to...

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Hungarian customers need product with good quality

According to Gfk research, the first aspect at shopping is the good quality, at the second place is the price-value rate, on the third is the nationality of the product....

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The beverage companies reformulate products

The industry is progressively removing the colours concerned from the products it produces for young children.  Southampton University study suggested that: "eating or drinking certain mixes of additives together with...

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After chinese products there is the chinese trade union too

Trade unions should work together more closely to cope with the challenges posed by economic globalization – ACFTU President Wang Zhaoguo said.   The trade union leaders from Albania, Bulgaria,...

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Travelcard from Accor

Thanks to the cooperation between BKV and Accor, seven kind of travelcard can be ordered together with the Ticket Restaurant voucher. It is a simply and economy solution, and the...

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Decree against stress on the workplaces

Until 8 of October after EU-law the Hungarian government has to make its decree against stress on the workplaces.  The EU directive said that attendant of workplace's stress must be...

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One million blackleg workers – HUF 1.5-2 billion damage

The hungarian government makes new decrees to roll back the black economy in the state. According to Ferenc Gyurcsany PM, the business done in black economy is HUF 3-4 billion,...

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Hungary's GDP growth to come to 2.2%, inflation to 7.6% in 2007

The country's GDP is to increase in line with the targets defined in the convergence program, i.e. by 2.2%, according to a release by the Finance Ministry. Next year, growth...

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No decrease at illegal software use

As much as 42 percent of new software acquisitions are illegal copies in Hungary, which causes damages estimated at USD 111 million to the industry. According to Georg Herrnleben, regional...

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Food companies are showing a strong interest for allergen free penuts

The process, which does not degrade the taste or quality of treated peanuts, and might even render them easier to process for use as a food ingredient. Peanut and nut...

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Good season at Lake Balaton

The popularity of the Hungarian Sea grow because of the good water quality, the constance developing of accommodations and events, the mature marketing work and the safety. According to a...

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No more hungarian fetas

From 15 Octobor only greek fetas can be on the shelves – cautions the Hungarian Agriculture Ministry. Five-six hungarian plant produce feta, they know about changing since 5 years. After...

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