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Weakening price-decrease in the agricultural sector

Producer price level of agricultural products in June 2009 fell by 13 percent, compared to the same period in 2008. According to KSH, crop products were down by 17.5 percent,...

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Virtual Hungary at the Green Week in Berlin

Next year, Hungary will be present in a partner country status at one of the most prestigious international food trade fairs, Berlin’s Grüne Woche. Hungary’s participation will be financed and...

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Packaged demands

Household packaging material sales grew in value and stagnated in terms of volume, compared to last year. The food packaging and baking paper segments both grew by two-digit numbers. As...

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Consumer confidence on the increase, moderate optimism

We have experienced an unparalleled economic crisis and the consequences have been difficult to predict. The Consumer Confidence Index makes it possible to forecast probable trends. FMCG retail data in...

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Most popular segments became more expensive by 7-11 percent in one year

According to Nielsen, retail sales of coffee was up by 5 percent in value, surpassing an annual HUF 50 billion in August 2008-July 2009, compared to the same period in...

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Cosmetics market prepares for Christmas

In value, the market holds its position. In personal body care, shower gels and deodorants are the two biggest sub-categories where special products, innovations and promotions push category sales forward....

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Foreign markets – Spain: Supermarkets dominate, discounts gaining ground

Out of 100 Spanish households, 58 spend the most money on food, household chemicals and cosmetics in supermarkets. For the Spanish, the most important in choosing a shop is a...

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Modern and exclusive messages from coffee brands

Private labels are attacking on the coffee market too, but they are successful mainly in the instant segment where functionality prevails over the formality of drinking a good ground-roasted espresso....

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Mothers mobilised via the Internet

Despite the recession, the baby category is solid in terms of both value and volume, since major indicators hardly changed compared to previous years. Creams, wet wipes and private labels...

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Private labels: two-digit growth

According to the Nielsen Retail Index, private label food product sales were up by 14 percent in the first half of the year, while household chemicals and cosmetics improved by...

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Customers are looking for actions and visiting shops rarely

According to Nielsen market research company; consumers are visiting shops rarely; more and more people are looking for cheaper goods and discount shopping opportunities. The growth of the popularity of...

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London and New York in the lead, Budapest is the 74th in the ranking of business centers

London and New York remain the most competitive business centers of the world. The score of Budapest has improved, but its ranking became worse, due to the improvement of the...

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FAO: in the next 40 years, 70 percent more food will be need

According to United Nation’s Food and Agriculture Organization (FAO); Seventy percent more food should be produced worldwide, until 2050. The FAO expects that the global population is expected to grow...

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The first “Pannon Wheat Quality” certificate was handed over

The “Pannonian wheat” trade mark was established in July, by the National Association of Cereal Producers (GOSZ), to indicate the extra quality wheat. The first certificate was given to the...

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Stock orders in the euro area are over expectations

According to the report of Eurostat, the new industrial orders of the euro zone increased in July, surpassing expectations, that shows a recovery in activity and the easing of recession....

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The situation of dairy producers has improved a bit

According to the latest report of Agricultural Economics Research Institute (AKI); In August, for the first time this year, even if a very small extent, but the domestic milk prices...

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Christmas shopping already started

It is just the end of the summer, but chains are preparing for Christmas, due to the economic crisis and under the pressure of the changing consumer habits. The latest...

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GKI economic forecast for 2009-2010

According to the summer data of GKI Economic Research company, the greatest economic crisis of the last 70 years has ended. However, the magnitude and the sustainability of improvement are...

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Retail declines from every point of views

In July, the retail sales fell by 2.2 percent compared to June. Compared to July 2008, by 6.6 percent. In the first seven months of 2009 a 3.7 percent decrease...

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Four exhibitions at HUNGEXPO at the same time

With the participation of 300 exhibitors of 13 countries, four exhibitions has been opened at the HUNGEXPO Budapest Fair Center.  The presentations of he packaging and handling, printing, marketing, communications...

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Face analyzer program for commercial purposes

The software is suitable for the analysis of consumer behavior, research for marketing renewal and the precise targeting of target groups. The new technology is able for the support proactive...

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Seventeen and a half billion HUF for small and medium-sized enterprises

The National Development Agency will announce the second time this year, the Economic Development Operational Program, and the Central Hungary Operational Program applications for the development of technological basis of...

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Retail sales can be expanded by 20 to 44 -year-olds

According to the new analysis of Research and Markets, Irish market research company; Hungarian retail sales turnover may expand by 13 percent between 2008 and 2013. According to the company’s...

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Széchenyi: Hungary will be

The 120 thousandth Széchenyi card was ceremonially handed over. This high number also shows that appropriate means should vote in confidence, to the Hungarian companies. Up to date, outsourcing capital...

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According to the Chamber of Agriculture; the crisis widened

There's a big problem in agriculture: the economic crisis now really reached the industry, which is compounded by the almost a complete shutdown of credit and a full product depression...

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Váci Street slipped back in the rankings

According to a recent analysis; New York's Fifth Avenue remained the most expensive shopping mall in the world. Váci Street of Budapest slipped back four places in the rankings. New...

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Promenade of great palinkas

Visitors can taste drinks of twenty exhibitors, from apple and elderberry palinka, through blackberry and raspberries or dogberry palinka on the so called Palinka Promenade event, from Friday to Sunday...

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Growing numbers of bankrupting meat companies

More than a hundred meat companies’ liquidation was started in August. Since last October, more and more larger companies are wound up, leaving a growing number of unemployed and unpaid...

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Individual companies can be established from January

New company types, limited or unlimited liability individual firms will be introduce by the proposal of the Ministry of Finance, which is available on the website of the Parliament. From...

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Point collecting cards become more popular

The declining consumption due to the crisis, started an expansion on the market, of point collecting and loyalty cards. A number of smaller companies have also ventured into the point...

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