Market News
China builds a one hundred million yuan worth food inspection system
Date: 2013-07-08 11:05:11
China builds a system that will enable the better monitoring of food from 100 million yuans in the country's 24 regions – the Chinese securities market magazine informs. The government...
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Webstores keep increasing their turnover last year
Date: 2013-07-08 10:10:20
73 percent of the Hungarian webstores recorded a sales increase in 2012. Every third of them were able to increase their revenues by more than 50 percent, and only 9...
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Mobile Wallet testing has started
Date: 2013-07-08 09:30:35
In the not-so-distant future we will not need a thick wallet: Thanks to smartphones and the NFC non-contact technology, we can manage our everyday finances with our mobile phones as...
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A sharp increase in the K&H SME confidence index
Date: 2013-07-05 12:10:23
Compared to the previous quarter, the K&H SME confidence index increased by 15 points, now standing on -11 points. The K&H SME confidence index is indicating the business expectations of...
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VM: watermelon promotion again this year
Date: 2013-07-05 12:02:22
As the result of the process began three years ago the watermelon promotion continues this year – Budai Gyula, Minister of State for Parliamentary Affairs of Ministry of Rural Development...
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Varga: the fiscal situation would not require the introduction of the advertising tax
Date: 2013-07-05 12:00:17
Varga Mihály said that they support to involve such sectors into taxation that have not participated enough in it, but the government has considered that whether is there a need...
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Harvest has started
Date: 2013-07-05 11:59:56
The harvest of barley has been completed by the farmers in most areas of the country. Wheat harvest starts in a few days. The yield can be considered as a...
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China is investigating imported milk powder manufacturers due to suspected price fixing
Date: 2013-07-05 11:32:04
China has launched investigations against imported milk powder manufacturersín China, due to suspected price fixing – the state media reported. The affected companies are the Swiss Nestle, the French Danon...
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Farmers' market opened in the Palace Quarter of Józsefváros
Date: 2013-07-05 11:05:09
A Farmers’ Market opened on Saturday in Józsefváros. The vendors await the costumers with all their products every Saturday until Christmas at the intersection of Rákóczi and Gyulai Pál street....
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Czech retail sales rose in May
Date: 2013-07-05 11:00:17
Retail sales increased in the Czech Republic in May. While in April, increase was 1.5 percent in May it was 1.2 percent, compared to the previous year – the Czech...
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Kopint-Tárki: GDP will increase by 0.3 percent this year and by 1.5 percent next year
Date: 2013-07-04 13:00:19
The gross domestic product (GDP) in Hungary can increase by 0.3 percent this year and by 1.5 percent next year, while the decline in investment is expected to be halt...
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E-toll: the Ministry of Rural Development lost out in the case of the exemption
Date: 2013-07-04 12:40:28
Contrary to the government's promises, livestock shipments have not been exempted from the payment of E-toll as well as a variety of agricultural crops. Due to the e-toll, meat or...
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EU retail sales increased in May
Date: 2013-07-04 12:20:29
Retail sales increased by 1.0 percent in the euro zone and by 1,2 percent in the entire European Union in May, compared with the previous month – the Eurostat announced...
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Tobacco products cannot be sold temporarily at festivals
Date: 2013-07-04 12:10:14
The tobacco shops cannot sell tobacco products temporary during the summer festivals – Gyulay Zsolt, head of the National Tobacco Trade Office (NDN) Ltd. told at the morning show of...
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The testing of the mobile wallet application has started
Date: 2013-07-04 11:59:16
The testing of the mobile wallet application, that is based on contactless technology (NFC) has started in Hungary – was announced by the participating operators in Budapest on Thursday. With...
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Analysts: a positive turn in retailing
Date: 2013-07-03 13:00:27
According to analysts surveyed by MTI, a positive change seems to occur in retail in the second quarter. The analysts are expecting expanding sales for the rest of the year....
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KSH: retail sales volume grew in May by 2.5 percent
Date: 2013-07-03 12:50:49
The calendar-adjusted volume of retail sales increased by 2.5 percent in May this year, compared to the same period of last year – the Central Statistical Office (KSH) announced on...
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Nearly half of the extra taxes are paid by the consumers
Date: 2013-07-03 12:48:51
The LeitnerLeitner has published its comprehensive study on the special taxes that are in force in Hungary. The authors found that the level of extra taxes amounted to the level...
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Authorities control the sales of seasonal fruits and vegetables
Date: 2013-07-03 12:00:37
From 1 July, the authorities are investigating the sales of seasonal fruits and vegetables with high priority – Hódi László, leader of the Plant Protection and Soil Conservation Directorate of...
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Nébih: the restriction related to the classical swine fever was terminated
Date: 2013-07-03 11:50:51
The total area of Hungary was exempted from limitations in connection with classical swine fever, after the Food Chain Safety and Animal Health Directorate of the Pest County Government Office...
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Hungarian Food Bank Association: 1700 tons of food donations by the end of summer
Date: 2013-07-03 11:30:30
The first round of the EU food aid program for 2013 is near completion. During the spring and early summer months the Hungarian Food Bank Association distributes 1700 tons of...
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Beijing launched an anti-subsidy proceedings against European wines
Date: 2013-07-03 11:28:13
China has officially launched anti-dumping and anti-subsidy investigations into wines imported from the European Union. The Chinese Ministry of Commerce said on Monday the investigation will determine whether European wine...
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Eighty tons of sugar gum was withdrawn from circulation in Pest County
Date: 2013-07-03 11:10:13
The food chain safety inspectors of Pest county withdrew eighty tons of expired and re-dated sugar gum from circulation in Pest County – the Pest County Government Office informed MTI....
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The luxury market is expanding this year
Date: 2013-07-03 09:10:13
Despite the slowdown, and the Chinese government’s austerity campaign announced earlier this year, a significant economic growth is expected on the Chinese luxury market – According to industry report projection...
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GfK: every fourth purchased item is private labeled
Date: 2013-07-02 12:40:37
The market share value of private labeled products decreased slightly in 2012, compared to 2011 reaching an annual average of 25 percent. First, the B brands could strengthen at the...
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The melon season starts in two weeks
Date: 2013-07-02 12:31:07
The watermelon season begins in two weeks, consumers will find extra juicy first-class Hungarian melons from mid-July in the market and in the shops – was said at the press...
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KSH: 717 million euros trade surplus in April
Date: 2013-07-02 12:30:40
The foreign trade surplus was 717 million euros in April, 283 million euros higher than a year earlier and exceeded the forecasts of 700 million euros – the Central Statistics...
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Tobacco shops: moving vendor is a good opportunity
Date: 2013-07-02 11:50:39
There are no winners of the tobacco shop tenders at many municipalities yet. Moving sales is a good opportunity temporarily, but the National Tobacco Sales Nonprofit Zrt. should assess what...
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Tobacco shops: the retailer must report its turnover at least daily
Date: 2013-07-02 11:42:53
The government regulation on the reporting requirements of the tobacco retailers has been published – the National Tobacco Trade Office (NDN) Ltd. draws attention. The National Tobacco Trade Office (NDN)...
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The regulation on postponing the deadline has been published
Date: 2013-07-02 11:40:53
Although the Minister of National Economy has previously announced that owners of cash registers woithout tax memory will be given a respite to change their cash registers, the regulation was...
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