Market News

A growing number of Hungarians use their mobile phone for price comparison

A recent study by Nielsen emphasises that the mobile phone is the most important communication device and medium for many people. Although mobile shopping is still in an early stage...

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Winter destroyed two million hectares of Russian crops

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) help to make business decisions. The latest forecasts from the International Grains Council (IGC) revealed...

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Bisnode: the decline in consumption continues to affect the businesses badly

The bankruptcy rate of companies dealing with producing food, beverage and tobacco product, dealing with automotive trade, retailing and hospitality increased between 1 April 2012 and 31 March 2013, compared...

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GfK: financial thinking and risk-taking are not only determined by the available income

In autumn 2012, GfK Hungária examined the thinking, the needs and the expectations of affluent bank customers who have higher than average incomes. The key finding of the research was:...

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Awakening optimism among SMEs

A clear improvement in sentiment can be experienced among the domestic SMEs, whereas following last year’s uncertainty K&H’s SME confidence index started to increase significantly. Optimism can be mainly explained...

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BGF: fresh graduates earn 100-150 thousand forints in trade and catering

92 percent of the trade and catering enterprises are employing fresh graduates, with a typically 100-150 thousand HUF net starting wage. These fresh graduates are starting their careers for mostly...

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One and a half billion HUF worth donations from the Food Bank

The Hungarian Food Bank Association distributed more than 5,000 tons of food donations worth 1.5 billion HUF in 2012, throught its 520 partners organizations. Thus, food packages were ditributed at...

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Fidesz: new tobacco shop tender for the smaller municipalities

Just as it was envisaged, the national tobacco shops will open in the summer, while the National Non-Profit Commercial Tobacco Co. annunces a new tobacco shop tender for the smaller...

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Online retail: development and restructuring

More and more people choose online shopping in Hungary – revealed a comprehensive market survey conducted by Olcsóbbat.hu and UNAS, with the participation of more than 2,000 online shops. 68...

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Magic recipe

Those who know me also know that our company has been dealing with premium dairy products and dairy substitutes for nearly 8 years, and with other FMCG products for 20...

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Ipsos F&F: Have breakfast like a king … – young people's eating habits

The majority of young people believe that the abundant breakfast, hot lunch, and a lot of fruit is part of everyday eating, but their eating habits are far from ideal....

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The national advertising pie shrank by three percent last year

Domestic advertising spendings shrank by about 2.9 percent last year. On the basis of the datas of the Hungarian Advertising Association, its vale was 174 billion HUF – was said...

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FruitVeB: greenhouse production can increase, due to the easening of the use of thermal energy

In Hungary the volume of vegetables grown in greenhouses can be significantly increased from 200 thousand tons per year to 600 thousand tons by 2020, due to the easening of...

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Vodka and bitters overtook pálinka

Vodka and bitters overtook pálinka on the domestic market of spirits in 2012 – writes [origo], after Magyar Nemzet. The change is due to the excise tax increase. Until 2011,...

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Greenpeace Hungary calls for the effective protection of bees

Greenpeace urges to work out an action plan to protect the bees and other pollinator insects in Hungary – Tömöri Balázs, Campaigner of the environmental organization told at a press...

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A reduction in the Slovak food retailing

The situation is getting worse at the Slovak retail. Food sales has also reduced – Világgazdaság Online writes after Új Szó. Due to the stagnating wages and due to danger...

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(HU) Tovább bővült tavaly a magyar sörpiac

Sorry, this entry is only available in HU....

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The tablet market is growing rapidly

Consumers are increasingly looking for cheap tablet computers, which slows down the already low demand for PCs – the American Gartner market research company told. Gartner estimates that the general...

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Budai Gyula: The aim is to strengthen the Hungarian dairy sector

The aim is to strengthen the Hungarian dairy sector before the milk quota system is expected to end in the EU in 2015 – Budai Gyula State Secretary, responsible for...

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Analysts: foreign trade surplus can be over 7 billion euros this year

Analysts said that the lower than expected February trade surplus can be explained by the working day effects, however, on an annual basis more than 7 billion euros surplus is...

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Cash macine dealers are only groping so far

The Association of Information Telecommunications IT and Electronics Businesses is subtly pleased with the fact, that the Government supports the cash register replacement. The amount does not cover the total...

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The first on-line cashier application was obliged to rectification

MKEH told onlinekassza.hu that the first on-line cashier application was obliged to rectification, so which company had applied is still not known. It is interesting that the company sent its...

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The climate change redraws the wine map

Wine and climate experts believe that due to the climate change the world map of the wine-growing regions will be redrawn. Newer areas are available to grow grapes, while the...

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The NAV has launched nationwide pálinka raids

The National Tax and Customs Administration (NAV) has started nationwide all year-long pálinka raids – Magyar Nemzet wrote. According to the article; the officials are searching for illegal pálinkas and...

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The NAV destroyed nine tons of potatoes

The county auditors of NAV of the and the inspectors of the county government finance agency found 9,000 kilograms of potatoes with unknown origin on 25 March near Komárom in...

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Change in the budget and general government debt on the basis of data reported

On 2 April 2013 the Hungarian Central Statistical Office (KSH) published revenue and expenditure data of the central government sector for Q4 2012 and the entire year of 2012. In...

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Magazine: Let’s cook for the baby – from what we find the shops!

The baby food market is special because these products are made for a relatively small, rapidly changing target group. In addition to the effects of economic recession, baby food manufacturers...

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The Product of the Year Awards were handed over

The twelve products that won the Product of the Year award were selected on the basis of the evaluation of consumers – the organizer, the Product of the Year Kft....

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Industrial output may increase this year

Industrial output may increase this year, although the improvement can be more powerful in the second half of the year – analysts told MTI. According to the Friday communication of...

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The cash register market is in nadir currently

The cash register market has dropped significantly in the past months. Only those buy cash registers nowadays, who absolutely need it – the leaders working in the cash regsiter business...

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