Market News

Mistrust towards the pending cash registers

The article of Népszabadság makes MKEH responsible for the confusion, despite the fact is that the dsitributors cannot provide the required missing rectification and on the forum of office machine...

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Cigarette sales fell significantly in August

In August, a big decrease occured in cigarette sales – the statistics of NAV show. The last month of the summer usually produces a consumption peak, thus the data that...

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Magazine: Pet food’s market position improved furthe

In December 2012-May 2013 general food stores sold dog food in the value of HUF 14 billion. Value sales were up 10 percent from the base period and volume sales...

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A large drop in vodka and beer production in Ukraine

Vodka production in Ukraine declined by nearly a third, while the amount of beer production fell by more than one-fifth by comparing the datas of September 2013 and 2012 –...

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The rise of GKI-Erste economic sentiment index continued in October

In October GKI-Erste economic sentiment index adjusted for seasonal effects continued to rise, reaching its peak value of this year. According to the empirical survey conducted by GKI (www.gki.hu) with...

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Kiscsákó is the first loser of the online conversion

The store in Kiscsákó, Orosháza has no money for the online conversion, therefore it will be closed. About one hundred, mainly elderly people are living in that settlement area. The...

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The European Parliament declared e-cigarettes as products that can be distributed as free-trade products

After a long debate, the Members of the European Parliament – with the votes of the Hungarian MEPs – decided that e-cigarettes and nicotine cannot be a medicament, because it...

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LMP: the mandatory parking spaces would ruin little shops

According to LMP, the proposal that would require small shops to create parking spaces in front of the store, would destroy the newly opened small shops – Ertsey Katalin told...

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Harvest to be mechanized in the Sopron wine region

Harvest is more and more mechanized in the Sopron wine region, this is changing the work processes as well as the mood of the harvest – the president of the...

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The Nébih found an illegal packaging plant in Budapest

The National Food Chain Safety Office (Nébih) found a total of 130 tons of non-traceable food products, when checking an unregistered warehouse in Budapest – the agency informed on Monday....

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A minimum price for alcohol to be introduced in Ireland.

The Irish cabinet decided to press ahead with a range of other measures designed to curb the abuse of alcohol, particularly by under-age drinkers. The main element of the plan...

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German food exports to the Czech Republic are increasing rapidly

German food exports to the Czech Republic are increasing rapidly: from January to September this year, increase was 12.3 percent, on an annual basis, so almost 25 percent of the...

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GKI-Erste economic sentiment index gained momentum again in September

In September, according to the empirical survey conducted by GKI with the support of the EU, business and especially consumer expectations improved no-ticeably reaching their peaks this year after a...

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Fazekas Sándor: the agricultural sector is producing 4800 billion HUF

The Hungarian agriculture produces about 2300-2400 billion HUF per year, and this amount is doubled by the food, industry. And trade does not even included to this amount – the...

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It's time to prepare for the Christmas rush!

One-fourth of the entire annual online retail sales are conducted in the Christmas period. Just like last year, the most popular gifts are expected to be tablets. The joint “Report...

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Five cash register types cannot be marketed despite they are not banned

There are no banned cash registers, but the fact is that cash register types cannot be marketed, despite they have a license. The Hungarian Trade Licensing Office (MKEH) responded to...

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Advertising Association: the money spent on advertising is spinning the economy

Every 10 HUF spent on advertising increases the performance of the Hungarian economy with 47 HUF – Hivatal Péter, Vice-President of the Hungarian Advertising Association said on Monday in Budapest...

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VM: the government would offer more protection to seed producers

The government would offer more protection to seed producers with its new proposal on state recognition of plant species as well as on the production and marketing of seed materials....

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Visually impaired people can take part in the harvest at the Tokaj wine region

Blind and partially sighted people can take part in the harvest on Saturday in the historic Tokaj wine region, thanks to a unique initiative. The program is organized by the...

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Magazine: Small things that do matter in a household

Foil, oven bag, grill tray, bin bag – small things that can be found in almost every household. In the bin bag market, cheaper branded products and private labels gained...

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Meat prices are increasing during the VAT debate

Conflicting news appeared about the possible VAT reduction on meat products. Rogán Antal Chairman of the Economic Committee of the Parliament said at a Friday morning radio show, that the...

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The NAV fined a shopkeeper to half million HUF

During about 100 checks the NAV imposed fines in a total of one million HUF to the shopkeepers, because of deficiencies in connection with online cash registers. There was a...

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KSH: a growth in average earnings in the January-August period

The gross average earnings increased by 3.4, the average net earnings increased by 4.8 percent in January to August 2013, compared to the previous year – the Central Statistical Office...

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Backyard farming is becoming increasingly popular

The backyard farming is becoming more and more popular. The people are realizing that it is not true that food products are cheaper in the stores – Fazekas Sándor, Minister...

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Czerván: this year, 6.7 million tonnes of maize grows in the country

This year, an expected amount of 6.7 million tonnes of maize grows in Hungary, 2 million tonnes more than in the last year – Czerván György told in Budapest on...

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Magazine: Is the reign of black tea about to end?

There was a small expansion in the tea market last year and the driving force behind the growth was mainly real fruit teas, because they became available at more favourable...

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Egg Producers: egg consumption should be increased in Hungary

According to the Hungarian Laying Hun Breeders and Egg Producers Association (Egg Association) egg consumption should be increased in Hungary, by restoring consumption of annually 260 pieces per person of...

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KSH: an increase in the cattle population

The increase of the cattle population is continueing since December 2010. The number of sheep in the last six months increased slightly, while the number of pigs fell slightly. The...

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Sopron wine region: the quantity of the harvest is good, procurement prices have increased

This year's crop has a good quantity, the quality is worse than in the previous years, but due to the market demand procurement prices have increased – Taschner István mountain...

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