Market News

Summer consumer protection control: there were many irregularities

The consumer protection inspectors of Budapest and Pest county found a high proportion of irregularities during the summer action controls in the units of the chain of stores: objections were...

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Cosmetics and chemical products brought a two hundred billion HUF revenue in January-August

Retail reached about 200 billion HUF in revenue of retail cosmetics and household chemical products from January to August this year, compared to last year's comparable period. This means a...

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Cooperation for the Internet customers

The National Consumer Protection Authority (NFH) and the Association of Public Electronic Trade Association (SzEK.org) signed a cooperative agreement in order to the development of the domestic e-commerce market and...

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Everything linked to modern technology

György Mészáros, president of the National Innovation Authority (NIH) has talked about success and favourable results in terms of the Chinese workshops. This current Hungarian-Chinese workshop session on food safety...

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Counterfeit pálinkas were withdrawn from trade

The Animal Health Directorate of the Bács-Kiskun county Government Office withdrew counterfeit pálinkas from the market. The counterfeit pálinkas were produced by the Kecskeméti Likőripari Zrt. – the Ministry of...

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Malls are also losing on the prohibition of slot machines

The ban on slot machines can cause losses to the malls – portfolio.hu writes. Although the new law has not published yet in the Magyar Közlöny, but according to the...

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VM: the population keep the control of the markets useful

According to the 92 percent of the population, it is important to enforce the traders to comply with the food safety regulations. The same amount of respondents consider the importance...

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A continent goes shopping

The African consumers are served poorly and pay too much – Frank Braeken head of Unilever Africa states. Until recently, those South Africans, who desired for shampoo or cosmetics, that...

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NAV cash registers against black economy

Matolcsy György would reduce the black and grey economy by third at domestic retail, hospitality and at services, where cash registers are in operation. According to the idea of ​​the...

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Giving more space to enterprises at national and international levels

In the next two weeks expansion plans will be announced by two of the large American corporations with which State Secretary for Foreign Affairs and External Economic Relations had meetings...

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VM: The promotion of the Hungarian apple continues

Budai Gyula, Minister of State of the Ministry of Rural Development has continued the apple promotion campaign at the Váci Street Tesco Store in Budapest on Friday – the Ministry...

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The Meat Association has become a member of the VHT

The Livestock and Meat Interprofessional Organization and Marketing Board (VHT) became the member of the Meat Association from the 1st of October –VHT told MTI on Thursday. The Meat Association...

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Hungarian inflation reached its top in September

Inflation continued to accelerate, and it is likely peaked in September in Hungary – analysts in London iterated their forecast. The economists of Goldman Sachs (GS) forecast a 6.3 percent...

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Croatian pork prices may increase by one-third

In Croatia a quarter less corn and soybean crops are expected, compared to last year – shows the latest estimate of the statistical office. The Chamber of Agriculture expects an...

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Food prices on their six-month peak

Food prices have risen to heights have not seen for six months – shows UN’s FAO index. On the dairy market the increase was so high that is has not...

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Meat will become more expensive

The price of meat is increasing for a while, but a further price increase is expected, due to this year's drought – Menczel Lászlóné, secretary of the Livestock and Meat...

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GfK consumer trust: the atmosphere is gloomy

The variable development of the consumer mood once again continued in July. On the whole, income expectations and willingness to buy remained at very good levels. The latter improved slightly...

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Less corn has grown than expected

The amount of the harvested corn does not meet the expectations. It seems that the yield will be only a little more than four million tons, compared to the previously...

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The base price of milk has remained 86 HUF

The chairmanship of the Milk Marketing Board Interprofessional Organization at its meeting on 2 October decided that it will not modify its 86 HUF / kg prognosis for the the...

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The Ministry of Rural Development supports the producers' markets

The Ministry of Rural Development supports the producers' markets mainly with legal tools and also by providing the necessary financial background. The aim is to establish producers' markets in as...

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The tobacco industry received the Commission's proposal well

According to the Hungarian Association of Tobacco Industry Investors (DBMSZ), the Parliamentary Budget Committee’s proposed amendment will be beneficial for both the state and the manufacturers. According to the proposed...

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Nébih – large quantities of expired candies were seized by the authorities

The Tax and Customs Administration of Szabolcs-Szatmár-Bereg county and the Food Chain Safety and Animal Health Directorate of the county seized about 6,650 kilograms of expired candies at a plant...

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Coca-Cola, Apple, IBM are the world's most valuable brands

Coca-Cola remains the world's most valuable brand, but Apple is closing the gap –shows the study of the Interbrand consultancy company. Just like in 2011, Coca-Cola occupies the first place...

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Euro zone’s retail sales continued to increase

The volume of Euro zone’s retail was increasing for the fourth consecutive month in August, despite the rising unemployment and worsening economic outlook – EU's statistical office, Eurostat announced on...

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The Hungarian meat industry is on the edge

The meat companies of Gyula and Kapuvár are on the edge of bankruptcy, Gallicoop wich had a 1.5 billion HUF profit last year, will also produce loss this year. The...

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National Food Chain Safety Strategy under development

The Ministry of Rural Development is developing a food chain safety strategy. The objective of the document is to determine the measures and instruments through which the protection of the...

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OKSZ still calls for VAT cut

The VAT rate reduction of basic foods would be advantageous both for the customers and for the market participants – provides the communication of the National Trade Association (OKSZ). The...

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Grain exports increased by almost one quarter

In the first seven months,1200 billion HUF surplus was accumulated in the foreign trade balance. The exports were driven by vehicle manufacturing, but a sharp increase was measured in imports...

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KSH: External trade turnover continued to increase in July

In July 2012 exports and imports increased by 5.6 percent and 4.8 percent, respectively, compared to the corresponding period of 2011. According to the latest flash report of the Hungarian...

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French social security deficit will be reduced by the tobacco and beer tax increase

The French Government announced a series of measures, including the tax increase of tobacco and beer, in order to reduce next year's deficit in the social security budget – the...

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