Market News
The Ukrainians spend more on alcohol, cigarettes and illegal drugs than on clothing and shoes
Date: 2013-03-14 11:45:48
According to the datas of the Ukrainian State Statistics Office published on Wednesday, the Ukrainians spent more on alcoholic beverages, tobacco and illegal drugs last year, than on clothes and...
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15th March is the international day of consumers
Date: 2013-03-14 11:32:00
World Consumer Rights Day (WCRD) is an annual international occasion. The day aims to enhance solidarity within the international consumer movement. March 15 gives us an opportunity to promote the...
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How long may the fast winds blow for the Hungarian meat industry?
Date: 2013-03-13 13:09:44
Is this the nadir, or is it possible to screw more on the machine pressing the sector? – Éder Tamás president of the Meat Association gave this title of his...
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KSH: agri producer prices rose by 18.1 percent in January
Date: 2013-03-13 12:20:35
In January, the agricultural producer prices rose by 18.1 percent, compared to the same period of last year – the Central Statistics Office announced on Wednesday. The data corresponds to...
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Fierce competition and a steep increase in e-commerce
Date: 2013-03-13 12:17:13
More and more people choose online shopping instead of classical in Hungary – shows the comprehensive market analysis of Olcsóbbat.hu and UNAS involving more than 2,000 partners of webshops. 68...
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The Hungarians like schnitzel and fried potatoes the most
Date: 2013-03-13 12:00:41
Cottage cheese, stew, schnitzel and fried potatoes or pancakes? These are foods that the Hungarian housewives like to prepare. But which meal is on the table of the Hungarian families...
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Agricultural Conference: irrigation could increase grain yield
Date: 2013-03-13 12:00:25
The annual 15 – 16 million domestic cereal production can be increased to 20 million tons per year with proper irrigation – Jakab István, Vice President of the National Assembly...
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Budapest Bank: 14 percent of the small businesses have loans
Date: 2013-03-13 11:59:22
Currently, only 14 percent of the micro and small enterprises have loans. 46 percent of them has overdraft loans, 19 percent have Széchenyi Card Overdraft Loan, and 10 percent have...
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U.S. retail sales rose in February
Date: 2013-03-13 11:53:33
U.S. retail sales rose by 1.1 percent in February, above the expected 0.7 percent – the Ministry of Commerce announced. The owners of websops and construction department stores have experienced...
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Investigation was launched in Romania, due to contaminated turkey meat
Date: 2013-03-13 11:50:58
Romanian authorities have initiated an investigation after turkey meat treated with antibiotics from Romania was found by German authorities in Germany. Vladimir Manastireanu, vice president of the Romanian Animal Health...
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GKI: An economic recovery plan, apart from a fairy tale
Date: 2013-03-13 11:26:03
A blueprint of the government's actions for the 2014-2018 period. You can download the report from here....
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Hungarians purchase milk and bread more often than the European average
Date: 2013-03-12 13:10:04
Most people considers the favorable price / performance ratio as the most important factor when buying milk, meat, poultry, and deli goods. The majority of the Hungarian costumers purchase meat,...
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GfK: mineral water is still a good business
Date: 2013-03-12 13:00:23
The Hungarian population consumes mineral water several times a week, in practice it has become part of the daily diet. An average household is purchasing about 330 liters a year,...
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Analysts: Inflation in the coming months can fall to 2.1 – 2.6 percent
Date: 2013-03-12 12:50:22
Consumer prices fell by 0.1 percent in February, compared to January, and were 2.8 percent higher than a year earlier – the Central Statistical Office (KSH) announced on Tuesday. The...
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The mandatory deposit can ruin selective waste collection
Date: 2013-03-12 12:20:48
The introduction of deposit on the single-used beverage packagings can eliminate selective waste collection and would cause unreasonable additional costs for the state and the economy – was said at...
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The Ministry of Rural Development (VM) would easen the damage of dairy producers caused by aflatoxin
Date: 2013-03-12 12:10:44
The Ministry of Rural Development has been working on the regulation, which would provide assistance to producers who are forced destroy their milk that excess the limit of aflatoxin content...
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The Hungarian-Azerbaijani agro and food industrial working group holds its first session
Date: 2013-03-12 11:55:55
The Hungarian-Azerbaijani agro and food industruial working group holds its first session on Tuesday in Baku – the Ministry of Rural Development (VM) told MTI on Monday. The Hungarian working...
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A New York judge has decided that the mayor can not ban high-sugared drinks
Date: 2013-03-12 11:40:03
A judge struck down New York’s limits on large sugary drinks on Monday, one day before they were to take effect, in a significant blow to one of the most...
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Decline in retail sales is slowing down in Croatia
Date: 2013-03-12 11:35:56
In January 2013 the volume of retail sales fell by 5.3 percent in Croatia, compared to the previous year, which is less than the 6.1 percent decline of December –...
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Nike and Adidas are expanding in China
Date: 2013-03-12 11:00:21
Adidas and Nike are expanding in China this year. Both companies seek to slit a bigger slice from the 24 billion USD Chinese market with new market strategies. Nike, which...
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The CAP’s system will be more complex
Date: 2013-03-11 12:55:27
EU's new Common Agricultural Policy’s (CAP) system that will be introduced in 2014 will be more complex than now – Czerván György, Minister of State for the Rural Development Ministry...
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KSH: foreign trade balance was 318 million euros in January
Date: 2013-03-11 12:52:50
In January, exports grew by 4.3, imports increased by 5.2 percent calculated in euro, compared with a year earlier – the Central Statistics Office (KSH) announced on Monday on the...
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Food and beverages brands are the most mentioned on Twitter
Date: 2013-03-11 12:45:45
The food and beverages, clothing, and the retail sector generate the most direct mentions among Twitter users in the UK – the new study of BrandWatch Institue states. The survey...
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The Tokaj Trading House opened a representation in Tokyo
Date: 2013-03-11 12:45:09
The Tokaj Kereskedőház Zrt. (Tokaj Trading House Co.) opened a representation in Tokyo. The repesentation will serve the Hungarian national image as well. Several months of preparatory work preceded the...
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Nébih subtracted counterfeit Polish cheese from the markets
Date: 2013-03-11 11:51:26
As the result of several weeks of investigation, several tens of tons of fake cheese products were withdrawn from circulation by the staff of the National Food Chain Safety Office...
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Eighty billion pairs of chopsticks are consumed in China every year
Date: 2013-03-11 10:54:23
A leader of a northeast Chinese wood industrial company named disposable chopsticks as one of the causes of deforestations at the ongoing session of China's parliament: He claims that every...
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VM: seeds are strategic products
Date: 2013-03-08 12:30:39
The Hungarian seeds are strategic products. Production is implemented currently on 130 thousand hectares. The expansion of the production area is a national security interest – Szépe Ferenc, internationally renowned...
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Ten percent of mobile users use their cell phone to compare product prices
Date: 2013-03-08 11:17:56
One in ten Hungarian mobile users also use their cell phone to compare the product prices of different products. In Hungary, most people search for informations on electronic goods for...
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Small farmers destroy tens of thousands liters of milk
Date: 2013-03-08 11:04:08
Small farmers are forced to destroy tens of thousands liters of milk in Tolna countys since the beginning of the week. The processor does not take over the products due...
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Ericsson ConsumerLab: women precede men in smartphone use
Date: 2013-03-08 11:00:23
According to the research of Ericsson ConsumerLab, the growing popularity of smartphones is primarily due to women. Women use all the smartphone features more and more regularly than male users...
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