News and articles
Increasing demand for foreign exchange loans
Date: 2010-11-02 19:10:04
We asked Citibank how the economic crisis affected their lending practices on the SME market. From their answer we learned that Citibank’s conservative risk management approach made it possible to...
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Companies are still waiting
Date: 2010-11-02 19:06:28
According to a survey by Coface Hungary, from the companies asked nearly 40 percent saw their sales revenues decline by more than 10 percent in 2009. Another 10 percent of...
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A complex approach
Date: 2010-11-02 18:59:46
The last 12 months were characterised by contracting business lending and less active commercial banks. We asked Zoltán Boldis, the product and process development director of Budapest Bank’s corporate sector...
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What you can eat today…
Date: 2010-11-02 18:40:41
In the autumn several market research companies published data and results from the domain of healthy eating. Nielsen revealed that Hungarians find healthy food products too expensive. Ipsos found that...
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On four wheels for Hungarian food production
Date: 2010-11-02 18:35:32
Coop Rally was organised for the fifth time, and the 84 cars travelled around the central and northern part of Transdanubia from 16 until 18 September, to tell people about...
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Agricultural prices soared during the summer
Date: 2010-11-02 18:31:55
The production price level of agricultural products augmented by 12.8 percent in July 2010, compared with July 2009. Vegetable products became 20.5 percent more expensive, while livestock and products of...
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Drugstores’ market position became more stable
Date: 2010-11-02 18:29:11
The annual market of household chemicals and cosmetics exceeds the value of HUF 300 billion. According to Nielsen, these products’ retail sales did not change this January-August, compared with the...
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Decrease in the prices of food products
Date: 2010-11-02 18:24:42
In August KSH reported a monthly consumer price decrease of 0.6 percent. Compared with August 2009, prices rose by 3.7 percent. In the first eight months prices were 5.2 percent...
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We still consciously pick the place of our shopping
Date: 2010-11-02 18:23:25
According to a study titled ‘Retail analyses 2010, the first six months’, made by GfK Hungária, in the first quarter of 2010 a positive trend characterised households’ spending on food...
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Ipsos launched a validated online research system
Date: 2010-11-02 18:21:44
Ipsos Zrt. launched a new online research service, called Validated Online Opinions (VOV in Hungarian). VOV is a research panel recruited from the users of networking website iWiW, which has...
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Fewer tourists visited Lake Balaton than expected
Date: 2010-11-02 18:19:39
According to data from KSH, in January-July 2010 the signs of economic recovery were not significantly palpable in the tourism sector: fewer domestic guests were registered at commercial accommodation sites....
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We visit shopping centres less frequently
Date: 2010-11-02 18:18:12
GfK Hungária’s latest (July 2010) survey on shopping centres reveals that the number of those going to shopping malls one or more times per week slightly fell, and the proportion...
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‘It is ending precisely now…’ (Part 6)
Date: 2010-11-02 18:16:45
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. Let us summarise what...
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Shops are buzzing in France
Date: 2010-11-02 18:15:20
According to a quick estimate by Eurostat, in July 2010 retail sales improved by 1 percent in the EU-27 and by 1.1 percent in the eurozone, compared with the same...
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By 2020 an expansion of supermarkets and discount stores is expected
Date: 2010-11-02 18:14:09
GfK Hungária recently examined short-, mid-, and long-term retail trends. Based on the results they prepared several scenarios for 2011-2020. Hypermarkets’ market share is expected to remain 23 percent in...
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Cheese drink is here
Date: 2010-11-02 18:09:59
Japan surprises the world with something new every week. This time it is cheese drink: tropical orange juice with 51-percent fruit content is flavoured with exotic cheese. The drink tastes...
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Cartridge cleaners
Date: 2010-11-02 18:08:19
Liquid soap and washing up liquid refills are not novelties these days. Not until somebody comes out with the idea of refill cartridges. Planet People from Canada put a collection...
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Stickers against forgetting
Date: 2010-11-02 18:06:59
‘Beauty is timeless. Beauty products are not.’ – this is the slogan of the service called Beauty Alert. The company entered the market with stickers which make it easy to...
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Food product import reduced
Date: 2010-11-02 18:04:58
In the first six months the volume of export increased by 18 percent from the base period and import also grew, by 15 percent. KSH’s quick report also reveals that...
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Weak forint strengthens the industry
Date: 2010-11-02 18:03:43
In July 2010 the volume of industrial production augmented by 9 percent, compared with July 2009. In the first seven months industrial export improved by 15.7 percent (by 11.2 percent...
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Food industry prices fell
Date: 2010-11-02 18:02:21
While domestic sales prices fell by 0.6 percent in July 2010 (in comparison with June), they rose by 9.9 percent if compared with the level of July 2009. According to...
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Inflation is at a standstill in the eurozone
Date: 2010-11-02 18:00:28
Eurostat reported that consumer prices increased by 0.2 percent in the eurozone in August, in comparison with July. In the EU-27 consumer prices were 2.1 percent higher in July 2010...
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Food prices on their twenty-seven month peak
Date: 2010-11-02 17:57:33
According to the calculations of FAO, the UN Food and Agriculture Organization; Food prices increased to their twenty-seven month peak in October, particular, due to the rise in the prices...
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Pork prices are lowering again
Date: 2010-11-02 17:56:59
The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and meat products. Their last report reveals that the production price of domestically bred pig fell...
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Vatera and TeszVesz officially merged
Date: 2010-11-02 17:55:53
Acccording to the statement of the company; The two companies will continue their activities under the name: allegroup.hu Ltd. and also issues invoices under this name. We did not have...
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Retail turnover finally expanded
Date: 2010-11-02 17:55:17
In July the volume of retail increased for the first time since March 2007: by 1.7 percent if compared with July 2009. However, in the first seven months of 2010...
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Tea is the second most popular warm drink
Date: 2010-11-02 17:52:23
In January-June 2010, 69 percent of households bought tea. From the different tea types black, flavoured black and herbal teas were the most popular, with a 27-30 percent penetration. Fruit...
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Shower gels and deodorants are the most popular in gift packages
Date: 2010-11-02 17:46:48
Christmas gift packages with body care and cosmetic products were sold in the value of HUF 3 billion in the last Christmas period. It is noteworthy though that sales were...
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Health is the key word that slowly changes the structure of the tea market
Date: 2010-11-02 17:45:33
In the recent period the tea market strengthened above the level of inflation, in terms of value: consumers bought more from expensive tea varieties. Lilla Adorján, Unilever’s category operations assistant...
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Demand shifted towards more expensive segments
Date: 2010-11-02 17:43:44
On the HUF 13 billion annual tea market retail trends differ from the general trend: consumers are not trying to economise. In May 2009-April 2010 tea retail sales grew by...
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