Market News

Consumers are less optimistic about the future

Instead of the expected growth a decline occurred, but the German consumer sentiment index remained near its peak in September – the German GfK economic research institute announced on Wednesday....

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(HU) GKI: A javulás átmeneti

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

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Declining card use is projected

Free cash up may affect the credit card payment in a bad way.The Hungarian consumers are price sensitive and if the banks charge card payments, the ratio of buying with...

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KSH: investments increased further in the third quarter

The volume of investments in th e national economy in the third quarter grew by 9.8 percent compared to the same period of the last year – the Central Statistics...

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Tobacco shops, operating at gas stations and hypermarkets will be closed

The new government decree was publsihed on Thursday, and will come into force on 30 November. The government decree permits the operation of Tobacco shops, operating at gas stations and...

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VM: tons of fruits and vegetables have been destroyed by the authorities

The authorities carried out controls at the Wholesale Fruit and Vegetable Market of Nyíregyháza and at a site near Újfehértó. The checks were carried out by the Featured Affairs Directorate...

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The Christmas shopping season started with the “Black Friday” rush in the U.S.

Crowds of consumers stormed the major U.S. stores on Thursday evening and Friday dawn despite the cold weather, despite the boycott calls of the traditionalist groups and despite the expanding...

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Russian vodka prices to go up

Russia, is raising the minimum price of vodka further in the name of the fight against alcoholism. It is feared that this move will favor the making of illegally produced...

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More and more Czech tourists visit Hungary

The Czechs have increased their interest towards tourist trips to Hungary – the Czech Tourism Agencies Association (ACCK) states in its analysis on the summer tourist season published on Tuesday....

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Fast response from CBA and Coop

Two large Hungarian shop networks have started the testing of the PC-based cash registers at the same time – onlinekassza.hu wrote. The Laurel company announced on its website, that in...

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Hungarian young people become financially adult in their late twenties

According to the datas of the GfK Hungária Retail Banking Monitor analysis, today's youth are more closely associated with the financial institutions, mostly between the age of 18 and 23....

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The Gyulai sausage became a Hungarikum

As the result of the Hungarikum Commission's decision, the collection of Hungarikums is expanded by five new members; in addition five new element has been introduced into the Hungarian Depository...

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Hay Group: Only a few people change their workplaces in Hungary so far

Only a few people change their workplaces in Hungary so far, so the ratio of job seekers abroad is also small – according to the datas of the Hay Group....

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Flying giants from Macy's

Spider-Man, SpongeBob SquarePants and Snoopy have been given the go ahead to fly today, as Macy's announced the annual Thanksgiving Parade would go ahead. There had been fears the 16...

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SME Strategic Planning Committee fine-tunes its 30 recommendations

The Strategic Planning Committee for SMEs today presented its final report to NYSE Euronext and the national and regional markets where NYSE Euronext is market operator. The Committee thanked the...

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Hungary’s food retail turnover is stable in value

The food retail revenues in Hungary increased by 0.3 percent in the third quarter, compared to the same period of the last year. The trend has turned positive after the...

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27 thousand businesses were founded until the end of October

Firm founding mood declined slightly this year compared to last year – shows the database of Céginfo.hu operated by the Wolters Kluwer Ltd. and Napi.hu. A significant downturn occured in...

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This year’s corn crop is good, but it is time to be prepared for the challenges

Almost fifty percent more corn has grown in Hungary this year, than in 2012. An average of 5.8 tonnes per hectare yield was harvested by the farmers, but the volatile...

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Negotiations on cattle exports to Belarus and Kazakhstan

Kardeván Endre Minister of State for the Ministry of Rural Development, responsible for Food Chain Surveillance and Agri-management met with the Chief Veterinary Officers of Belarus and Kazakhstan early this...

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Third of the annual turkey consumption in the U.S.A. is during Thanksgiving

In the United States, Thanksgiving Day is one of the largest family holiday beside Christmas. Since 1621 the main course of the feast is the roasted turkey. The U.S.A. is...

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A Székely store opened in Csíkszereda

The Székely Product Agricultural Cooperative opened a store selling Székely products in Csíkszereda (Miercurea Ciuc) – the Harghita County Council told on Monday. The notice cites Márton István, the president...

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GKI: burdens on companies have increased significantly

In August 2013 GKI Economic Research Co. conducted a representative survey among Hungarian companies. 978 CEOs have responded. They were asked, among other things, how their administrative burdens had changed...

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New York’s Mayor suggests “hiding” tobacco

In order to promote healthy lifestyle among youngsters Michael Bloomberg, Mayor of New York on Monday proposed the introduction of a law under which the stores would be required to...

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KSH: retail sales increased in September

Retail sales rose by 0.3 percent in September, compared with a year earlier, according to the calendary effect adjusted datas. The unadjusted index shows a 0.8 percent increase. The revised...

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Old favorite in a new form: personal loan re-conquest online

We are becoming more and more optimistic in financial management: the personal loan is living its renaissance, this time in an online form. We are bored with the queues. According...

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Billboards against cat and dog meat consumption

The Animals Asia Foundation (AAF) is campaigning on Billboards, in more than a dozen major Chinese cities against the still prevalent cat and dog meat consumption in the country. On...

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Nébih : 2.2 million lab tests

The Special Affairs Directorate of the the National Food Chain Safety Office (Nébih) carried out 351 checks during its one year existence, actions were taken in the case of about...

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MKEH: two new cash machines can be distributed

The distribution of the Alt Cash Kft. and the Japán Cash Company Kft. can be started as the cash registers have met the required standards – the Hungarian Trade Licensing...

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Bisnode: the average age of the domestic firms is under ten years

The average age of the domestic firms is 9.63 years. The age of the largest Hungarian companies is currently around an average of only 14 to 15 years – the...

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The Food Bank collected more durable food over the weekend for the needy than in last year

The weekend food collection action of the Hungarian Food Bank Association ended with success. The population collected a total of 140 tons of food for the families in need –...

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