Tag "GFK"

GfK: retail sales may increase by 6 percent this year

Retail retail sales can grow by 6 percent this year in Hungary, while in the EU-28, the average growth will be 2.1 percent, according to a study of GfK’s market...

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Magazine: Winners received the ‘Most successful promotion of the year’ award

The ‘Most successful promotion of the year’ awards were presented for the 10th time. On 19 April 2018 the venue was Boscolo Hotel Róma in Budapest, where the organiser Trade magazin’s...

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Magazine: Trends of 2017 and expectations for 2018 in the Hungarian FMCG market (Part 2)

GfK Hungária Market Research Institute held its annual FMCG year evaluating conference in March – this is the second part of our report. Krisztina Bakonyi-Kovács, senior product consultant of GfK told...

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Hungarian purchasing power and demographic variables

In 2017 European purchasing power growth was the 5th biggest in Hungary: up more than 10 percent, it was EUR 655/year/person – revealed data from GfK. The per capita income that...

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Magazine: Trends of 2017 and expectations for 2018 in the Hungarian FMCG market (Part 1)

GfK Hungária Market Research Institute held its annual FMCG year evaluating conference in March. GfK managing director Dr Ákos Kozák told in his presentation that retail trends between 2014 and 2017...

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This year’s first POPAI meeting

GfK was the host of this year’s first POPAI meeting. On 22 March the main topic was the returns made by POS materials and how to plan this. The first speaker was...

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GfK: further moderate growth is expected in retail in 2018

The turnover of daily consumer goods in Hungary last year increased by 2 percent, compared to the figures recorded in 2016, according to GfK’s Commercial Analyzes in 2017. The market...

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Consumer confidence has decresed in Germany

Germany’s consumer confidence deteriorated more than expected by the experts – according to GfK’s survey released on Wednesday. The consumer sentiment mood of the Nuremberg Market Research Institute in March...

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Magazine: GfK Hungária Market Research Institute forecasts growth for 2018

According to Ákos Kozák, managing director of GfK Hungária, Hungarian FMCG sales and consumption have been growing continuously since 2015. The 3-4 percent consumption growth and the 4-5 percent expansion in...

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Magazine: Restless pensioners: is 50 the new 40?

This year’s last Trade Marketing Club meeting was held at the Budapest Chamber of Commerce and Industry on 9 November 2017. The topic was what kind of marketing and sales opportunities...

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Value-based segmentation and data enrichment

The 18-49 age group is the most frequently used brand communication target group. However, this target group definition lacks features and characteristics that can help in forming a more precise...

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GfK: the regional differences between the incomes spent on food are considerably smaller than the general difference

Some factors have a fundamental influence on the performance of retail chains: location, the performance of workers, floor space, product selection, the competitive situation and purchasing power. GfK analyses the...

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Consumer confidence stagnated in Germany

Instead of the expected minimal improvement, German consumer confidence has stagnated, according to a survey published by GfK on Tuesday. The consumer mood index of the Nuremberg-based Market Research Institute...

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GfK: Per capita purchasing power grew by more than 10 percent in Hungary

The per capita purchasing power increased by more than 10 percent, from last year’s 5549 to 6204 euros in Hungary, with which the country continues to be ranked 30th on...

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Magazine: WCleaning products: is the 7-year boom over?

In 2016 sales of cleaning products improved by 2 percent – in terms of value sales the category has been developing steadily since 2010. However, in the first half of 2017...

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Magazine: Wieners and frankfurters are purchased less often

In the first six months of 2017 Hungarian households purchased less wiener and frankfurter, because the number of buying occasions decreased. Nine from 10 households purchased the category in the examined...

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Consumer confidence has decreased in Germany

German consumers are more pessimistic than expected, according to a survey published by GfK on Thursday. The Nuremberg-based Market Research Institute’s November consumer sentiment index decreased to 10.7 points from...

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23 percent of women buy shoes in Chinese stores

In the last six months, Hungarians bought average 2.3 shoes, but the number is greatly varied depending on the number of children in the household – GfK told vg.hu. In...

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GfK: The structure of the domestic online FMCG traffic approaches the structure of daily consumer goods turnover

According to GfK Commercial Analyzes’ study on this year’s first semester, households have rarely purchased larger amount of daily consumer goods between January and June 2017. In the first half...

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GfK: consumer sentiment in Germany has deteriorated

The German citizens assess their economic prospects slightly more worse than in the previous month, according to a consumer sentiment index of the GfK Market Research Institute published on Thursday....

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Media multiplier research in Hungary

In 2010 Sanoma Media and GfK cooperated within the framework of a Media Multiplier research in Hungary, which proved that the efficiency of monomedia (usually television) campaigns is smaller than...

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Central and Eastern Europe’s retail trade is making progress

According to a comprehensive, 32-country European retail trade survey by GfK, in 2016 the consumers of the EU-28 countries had EUR 16,153 to spend – nominally 0.7 percent more than...

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Magazine: Five consumer reactions to the increase in coffee prices

In the long term the price of coffee keeps rising in the world market. In the June 2016-May 2017 period the prices of most major coffee brands increased, some by 15-20...

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GfK appoints new business development manager

In July 2017 Tünde Turcsán joined GfK Hungary’s Shopper team as business development manager. Ms Turcsán earned a degree in Business Management and Marketing in 1999 and started working for Nielsen in 2003,...

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Simstore: reality recreated virtually

Today we already know that shopper decisions are based more on emotions than rational thinking. Still, if retailers want to be successful they need to analyse lots of background information. GfK NORM...

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GfK: more shoppers have started buying multilayer household paper products

Toilet paper: the buyer base of 1-ply products has contracted, in 2016 less than 9 percent of households purchased them. Fewer families bought the 2-ply category as well, but it is still...

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Surge in the number of conscious shoppers in Hungary

According to the first Conscious Shopper Market Report (2014-2016), the value of conscious shopper decisions was HUF 1,014 billion. From this HUF 360 billion was spent on groceries, HUF 237...

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Retail in Europe: Central and Eastern Europe is catching up

GfK has made a study on European retail trade. GfK has conducted a comprehensive analysis of the retail trade in 32 European countries, which analyzes the purchasing power, the retail...

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German consumer sentiment on top

In June, the Consumer Sentiment Index of the GfK Market Research Institute in Germany rose to a nearly sixteen-year high. In June, GfK’s German consumer mood index increased to 10.6...

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The proportion of people using banking applications grew by one and a half fold in Hungary according to a survey

The proportion of users of banking applications grew by one and a half fold in Hungary compared to last year. According to Gfk’s market researcher’s latest research published on Tuesday,...

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