Market News

GKI-Erste economic index stagnated in July

The seasonally adjusted value of the GKI-Erste economic index in July stayed on the level of May. According to the GKI Economic Research Co., in the business sector a minimal...

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90 percent of the winter wheat is already harvested in Vas county

More than 90 percent of winter wheat is already harvested in Vas county, the average yield per hectare is more than 4.6 tons, compared to last year’s 4 tons –...

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The tobacco processing industry in Debrecen to be revived with EU support

With the more than 2.5 billion HUF investment of the Róna Dohányfeldolgozó Kft., the tobacco processing industry in Debrecen to be revived. The company won 322.5 million HUF from the...

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Luxury petfood: 40 dollar sushi-rolls for the cat

Store employees could not believe their eye after the store sold out their super expensive sushi rolls for cats in under an hour, according to a statement released by the...

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New form of advertisement: women's thighs

A PR agent in Tokyo is trying to get attention in the advert-saturated capital by placing adverts on young women's thighs. Participants, who must be over 18, are recommended to...

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Cash Machines: according to the OKSZ, the price war for the dealers’ 40 billion HUF is delaying

The replacement of the traditional cash registers can cost more than 40 billion HUF to the retailers. According to the National Retail Federation (OKSZ) the cash register vendors’ interest is...

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Transactions fees increase from 1st August

The transactions duty on electronic transfers will increase to 0.3 percent from 0.2 percent and the duty on cash withdrawals to 0.6 percent from 0.3 percent from 1st August this...

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Mobile and smartphone sales increased further in the second quarter

The global market growth rate of mobile phone and smartphone sales continued to accelerate in the second quarter – the International Data Corporation (IDC) U.S. IT and telecommunications market research...

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The government creates an agricultural research network

The government decided to create an integrated agricultural research network. The government's decision was published in the Magyar Közlöny (Hungarian Official Gazette). The network will include the Szeged-based Gabonakutató Nonprofit...

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NÉBIH: the flooding of the River Danube caused 2.3 billion HUF damage to the farmers

According to the aggregate datas of the the National Food Chain Safety Office (NÉBIH), the Danube flood in June caused damages to 565 producers in a value of 2.3 billion...

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The third of the bottled pestos have unacceptable quality in Germany

The consumer protection controls in Germany found out, that one-third of the bottled suitable quality pestos have unacceptable quality. There were brands that were contaminated with bacterias, had bad taste...

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Vegan supermarket in Vienna

Vegans in Vienna are now able to enjoy a supermarket whose grocery and other products caters exclusively to their dietary needs. With vegan bakeries, cafes and restaurants already well-established, the...

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OKSZ: consumption will reach last year's level in 2013

This year, the retail consumption will reach last year's level, in the second half, in certain areas it can even exceed it. This prediction is confirmed by the datas of...

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Flour will be cheaper from this autumn

Due to the declining wheat prices, mills also reduce their prices. Poór Zoltán, CEO of GoodMills Magyarország Malomipari Zrt. told that they plan to purchase about 300 thousand tons of...

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The flavored milk can be the key sector of the dairy industry

Between 2012 and 2015 the market of flavored milks will grow twice as rapidly, than the market of simple milk products – shows Tetra Pak’s Dairy Outlook that is published...

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Hungary against food waste

The Member States of the European Union supported Hungary's call to reduce food losses and food waste. 14 countries immediately joined to the initative of Fazekas Sándor Hungarian Minister for...

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GfK: the market of energy drinks is on a growth path again

The consumers of energy drinks are getting younger and younger, and lower-income households also do not save on this kind of drinks, because they purchase increasing volumes of energy drinks...

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Bread and meat can be cheaper from this autumn in Slovakia

From this autumn, the price of flours and baked goods can decline by 7-8 percent, while the price of meat by 7-10 percent in Slovakia – the Új Szó writes....

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We mostly drink water, alcoholic beverages and tea to remain hydrated

Only half of the Spanish health professionals check the hydration status of their patients during routine visits Study conducted by the European Hydration Institute (EHI) among about 2,000 Primary Care...

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The proportion of red grapes in Pannonhalma increased to its tenfold

The crop area of the red grapes increased significantly in the last decade at the Pannonhalma wine region – Kisalföld wrote in its Tuesday's edition. Hangyál Balázs mountain judge told...

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KSH: retail sales volumes grew in May by 2.2 percent

In May 2013, the volume of retail sales grew by 2.2 percent, according to the calendar-adjusted and unadjusted datas, compared to the same period last year – the Central Statistics...

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Nielsen: decreased consumer confidence in Hungary in the second quarter

After the significant improvement of the first quarter, the Nielsen consumer confidence index fell slightly, from 43 points to 41 in the second quarter in Hungary. Among the three components...

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GfK strengthens its global position in the field of social media

GfK is willing to coordinate its social media analyzes on international level, therefore created the Social Media Intelligence Center. The key step to the expansion was the acquisition of the...

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The juicy and healthy watermelon is produced on a larger area

Over the past 20 years, the melon-growing area decreased dramatically. After the low point of 2011, production rises. It is estimated that production ongoes on a 10 percent larger area...

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Cash Registers: The Magyar Telekom is prepared for the data transmission service

The Magyar Telekom is prepared to provide the service, enabling data communication between the new cash registers and the system of the National Tax and Customs Administration (NAV) – the...

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Magazine: Promotions and emotions

On 18 April Budapest’s Rubin Wellness & Conference Hotel hosted the 5th ‘Most successful promotion of the year’ award ceremony, where the programme also included a series of presentations on...

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Many people are uninformed about the exchange of the cash registers

Small shopkeepers have only vague knowledge of what awaits them, yet they believe that the businesses are going to go bankrupt en masse. The situation is compounded by the fact...

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MasterCard: 89 percent of the young people use credit card

According to MasterCard’s latest survey sent to MTI on Tuesday, 89 percent of the youngsters with bank connection has credit cards, and 8 percent of them has more than two....

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The 45-50 billion HUF budget plan is tenable

Banai Péter Benő Secretary of State at the Ministry of National Economy held an online press conference on Monday afternoon, including about the installation of online cash registers as well....

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Gyulay: continuous controls at the national tobacco shops

With the opening of the national tobacco shops, new seller and buyer culture must be learnt – the Chief Executive of the ND Nemzeti Dohánykereskedelmi Nonprofit Zrt. told MTI on...

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