Market News
NGM: over 20 thousand online cash registers are already in operation
Date: 2014-01-15 11:50:57
Until 13 January, mMore than 20 thousand cash registers were installed, and this number is growing every day – the Ministry of National Economy (NGM) informed MTI on Wednesday. Pankucsi...
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KSH: inflation was 0.4 percent in December
Date: 2014-01-15 11:45:40
Consumer prices increased by an average of 1.7 percent in 2013. Consumer prices in December were 0.4 percent higher than a year before. Consumer prices decreased by 0.5 percent compared...
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GVH: new consumers groups can not be established
Date: 2014-01-15 11:14:41
The Hungarian Competition Authority (GVH) draws attention that new consumers groups can not be established from 1 January, only in case of the loss of old members. The Hungarian Competition...
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U.S. retail performed well during the holidays
Date: 2014-01-15 11:12:59
Retail sales in the United States rose above the expectations in last December – the U.S. Commerce Department announced on Tuesday. Retail sales in December 2013 were 431.9 billion USD,...
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The Icelandic whale beer was failed
Date: 2014-01-15 10:45:10
Instead of hops and malt, the beer specialty would have been made of whale meat flour. However, the local health authority did not agree distribution. The Icelandic health authorities did...
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Tourism campaign draws attention to the Winter Budapest
Date: 2014-01-15 09:25:44
The Magyar Turizmus (MT) Zrt. organizes the Budapest Winter Invitation campaign for the eighth time. The campaign aims to promote Budapest and to increase the post and pre-season tourist traffic...
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Retail accelerated at the end of the year
Date: 2014-01-14 13:00:14
Retail started to grow in November last year. The volume of sales increased by 4.9 percent, compared to November 2012, according to calendar adjusted datas – the Central Statistics Office...
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The majority of savers are confident in achieving financial goals
Date: 2014-01-14 12:55:13
The fifty-five percent of the Hungarians who are saving are confident in achieving their financial goals. Most people save for their children's future (19 percent), 14-14 percent of the respondents...
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KSH: agricultural producer prices fell by 14.6 percent in November
Date: 2014-01-14 12:50:40
Agricultural producer prices continued to decline in November. The average price level of plant and animal products was 14.6 percent lower than a year earlier – the Central Statistics Office...
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Magazine: World retail ranking: online retailers in the top three
Date: 2014-01-14 12:27:40
According to the latest international survey by Euromonitor the retail sector expanded by 5.5 percent in 2013, which amounts to USD 13.9 trillion. This expansion is primarily the result of...
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The Hungarian Competition Authority (GVH) initiated proceedings against the pesticide dealers, because of cartel suspect
Date: 2014-01-14 11:14:32
The Hungarian Competition Authority (GVH) initiated competition supervision proceedings against a total of 22 companies dealing with pesticide-trade, as they are supposed to violated the competition law – the competition...
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A sharp increase in the retail trade of the Czech Republic
Date: 2014-01-14 11:00:10
Retail sales in the Czech Republic increased by 6.1 percent last November on an annual comparision, after the 0.6 percent decline of October – the Czech Statistical Office announced on...
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The traders can apply for state aid by the end of February
Date: 2014-01-13 12:50:24
The Ministry of National Economy (NGM) extended the deadline of the installation of the online cash registers, so the 50 thousand HUF support can be used until 28 February 2014....
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VAT fraud affects 80 to 90 percent of sugar in the stores
Date: 2014-01-13 12:24:00
The VAT fraud affects 80 to 90 percent of sugar in the stores, including of a significant portion of the products that are manufactured in Kaposvár, including – the Chief...
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Feldman Zsolt: 725 billion for agriculture and rural development this year
Date: 2014-01-13 12:01:17
The farmers and the food industry will be supported by almost 725 billion HUF in 2014. In addition, the industry gets about 21 billion HUF from the gasoline excise tax...
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PwC: the global economic outlooks will improve this year
Date: 2014-01-13 12:00:46
The developed economies will regain their attractiveness: since 2010 for the first time, they are expect to contribute to the global GDP growth with about 40 percent – the prospect...
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Essential facilities in the agricultural industry
Date: 2014-01-13 11:55:51
The scope of the essential facilities should be determined in the agricultural and the food industry from 1 January 2014. Although the selection should be required by the enterprises basically,...
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Heavy fines were imposed on the beer industry cartels
Date: 2014-01-13 11:10:07
Five German beer manufacturers have to pay a total of 106.5 million euros fines because they coordinated their prices. The German Federal Cartel fined the Bittburger, the Krombacher, the Veltins...
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Plastic bags are problematic
Date: 2014-01-13 09:20:07
Due to their polluting effect the European Commission would give any tools to its Member States to fight against the use of plastic bags – the European Commission told on...
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Vámos: a positive change in retailing
Date: 2014-01-10 14:00:38
Retail sales increased in 2013, so a slight expansion has started in the retail sector. However, Vámos György, the Secretary-General of the National Retail Federation (OKSZ) does nor expect a...
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HVG: Still a huge delay in cash register exchange
Date: 2014-01-10 12:14:16
Only a fraction of the 200 to 250 thousand cash registers have arrived to the traders, that meet the conditions of the NAV. The HVG published a panorama about the...
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Cash registers: the OKSZ considers the end of February deadline as acceptable
Date: 2014-01-10 12:11:53
The businesses wanted longer deadline, but they consider the end of February deadline as acceptable, but later it must be reviewed, whether the manufacturers and distributors could meet the deliveries...
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The Hungarian economy turned to the new year in a good mood
Date: 2014-01-10 12:10:02
According to the latest datas of the European Commission (EC), the December economic sentiment indicator (ESI) was the highest in Hungary in the European Union (EU). The Hungarian index was...
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Cash Registers exchange: the traders who comply with the deadline can use the support by the end of February
Date: 2014-01-10 12:07:40
The state aid will be paid to those, who install their online cash registers until 31 January, but those traders who have complied with the deadlines in ordering the online...
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Food Club: free seminars for artisan food producers
Date: 2014-01-10 11:55:50
The Food Club Foundation (Élelmiszerklub Alapítvány) organizes free seminars all over the country for the producers of artisan food – the foundation told MTI. The aim of the series of...
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There are not enough bees to pollinate crops in Europe
Date: 2014-01-10 11:20:02
A new study found that there are not enough bees to pollinate crops in most of the European countries. The experts believe that due to the spread of biofuels it...
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Stable revenues in food retailing
Date: 2014-01-09 13:20:14
Food retail revenues remained stable between December 2012 and November 2013, compared to the similar comparable period, among the ninety food categories continuously measured by Nielsen. During the twelve months,...
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GfK: consumer confidence minimally improved in December
Date: 2014-01-09 13:10:41
The Complex Consumer Confidence Index of the GfK Hungária was 171 points in December 2013 and minimally improved compared with the 170.3 points of September – the market researcher told...
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Tobacco shops will be safer
Date: 2014-01-09 12:20:10
Films can be taken down from the windows of the Tobacco shops. Since the introduction of the tobacco law, more than fifty tobacco shops were robbed, sometimes with gun or...
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Retail sales increased in the EU and in the euro zone
Date: 2014-01-09 12:05:53
Retail sales increased by 1.4 percent in the euro zone and grew by 1.2 percent in the European Union in November compared to the previous month. Compared to the datas...
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