Market News

Nielsen: food retail sales increased in the first half of the year

The food retail sales in value increased by 6 percent, in volume by 1 percent, between last December and July 2012, compared to the same period of the previous year...

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The British families are facing with huge food price increases in the next ten years

The food spendings of the British families will grow a lot over the next ten years – shows the study of a British governmental body. The British population may suffer...

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Cherries may reduce the risk of gout attacks

Cherry consumption may reduce the risk of gout attacks – U.S. researchers found in their study. In the study published in the Arthritis & Rheumatism journal, the risk of gout...

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Electronic shelf label at a MOL petrol station

In Hungary electronic shelf labels are already used in many places, especially in food and DIY stores. Petrol stations have long been targeted by electronic shelf labels because of their...

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The price of corn falls: food price explosion may not occur

Despite the drought the price of corn is falling, if the trend continues, the price of food and ethanol may reduce. In the last two weeks the price of corn...

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The forecast of GKI Economic Research Co. for 2012-2013

In the first half of 2012 the Hungarian economy got into recession. It further deepened in the second half of this year due to the drought. Consumption, investments and lending...

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Harvest panorama – we can expect less grapes, but high quality wine

Less grapes but high quality wine is expected in the historical wine growing regions – shows the harvest panorama of MTI. 24 to 25 thousand hectares falls to the Danube...

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Nébih: the botulism in Békés county did not affect the food chain

The examination on botulism disease in Békés county has completed. It was found that the botulism did not affect the food chain – said the National Food Chain Safety Office...

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Increased household food expenditure in Slovakia

The Slovak household food expenditure rose by 5 percent in the first half of 2012, compared to last year – the Postová banka told MTI on Friday. The analysis is...

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Free pálinka distillation is two years old

The free pálinka distillation called attention to the importance of fruit landraces, however, the number of competitions have shown that private distilerries can produce high-quality distillates – V. Németh Zsolt,...

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DHL Express favours small- and medium-sized businesses

DHL's focus on selected industry sectors means customers benefit from working with specialists – not just in logistics, but also in their particular marketplace. Our aim is to build long-term...

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GKI: GDP decreases by 1.5 percent this year and increases by 0.8 percent next year

The gross domestic product (GDP) decreases by 1.5 percent this year and increases by 0.8 percent next year – shows the forecast of the GKI Economic Research Company. Vértes András,...

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A courier takes Fórum’s VAT-proposal to the Prime Minister

The Fórum “Board for the reduction of basic foods” trade bloc, propose on the basis of the study of Ernst & Young (E&Y), to reduce the VAT of basic foods...

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Billions could be saved with the production of domestic cultivar potatoes

According to the leader of the Keszthely-based  potato cultivar working group, if the domestic potatoe producers would turn to the breeding of domestic cultivated potatoes, the sector could save billions...

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Scotch whisky industry unaffected by recession

The whisky industry in Scotland, one of the most popular in the world, has not been affected by the economic downturn because of developing overseas markets, especially in India, China...

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The luxury goods market is changing in China

Chinese no more buy tired and worn luxury brands for thousands of dollars without thinking, but the segment in the country will surely continue to spin for many years only...

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American farmers feed cattle with sweets

The destructive dryness of the recent years made American cattle, sweet lover: due to the increased feed prices, more and more farmers find alternative in sweets. Mike Yoder, farmer who...

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VAT rate will increase to twenty percent in Serbia

From 1 October the rate of Value Added Tax will increase to 20 percent in Serbia, from the current 18 percent. The Serbian parliament decided beside the increase on Tuesday...

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The food price increase can reach seven percent within a few months

Up to 7 percent food price increases may come by the end of the year. According to the industry: without raising there is no future in the industry, and the...

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The domestic egg production covers only the three-quarters of the demand

A year ago, no one expected that the European Commission will carry out a decision within two months to ban the use of conventional cages – was said at the...

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The state will not buy a meat factory

The government has no plans to purchase state ownership to help meat companies in trouble – Budai Gyula. State Secretary of the Ministry of Rural Development told Magyar Nemzet. Budai...

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Boy, a skunk please!

A guest has asked for a living skunk at his hotel room, while others have requested coffins, dead roses or even a ghost. Metro magazin in Britain put together the...

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OKSZ: annual decline in retail sales can be 1-2 percent

The International Trade Association and the analyst of Savings Bank calculate with a 1-2 percent retail sales decline this year. According to the Ministry of National Economy, the sales decline...

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KSH: volume of retail sales declined by 2.6 percent in July

In July, the volume of retail sales declined by 2.6 percent, while in the first seven months of the year declined by 1.3 percent compared to the same period of...

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Domestic economic expectations remained pessimistic in September

GKI-Erste economic confidence index adjusted for seasonal effects has been essentially unchanged since May. A modest increase at the beginning of the year was followed by a fall in May,...

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The big supermarket chains are preparing to online market entry in Hungary

Hungary is lagging behind the neighboring countries in the field of e-commerce in connection with the online shops of the big chains. Among the reasons we can find mainly the...

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High feed prices cause difficulties to the livestock breeders in Zala county

Because of the high feed prices, the livestock breeders in Zala county are in a difficult situation. Another problem is that the price of the imported high-protein imported soybean increases,...

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Czech police found the sources of the toxic alcohol

Czech police found the sources of the toxic alcohol. The Czech police initated prosecution procceedings against two person who are the main suspects in the case – Martin Cervícek national...

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German business sentiment deteriorated further

Business sentiment is deteriorating for five months in Germany – announced the Munich-based ifo Economic Research Institute. In contrast with market expectations, the German business confidence index has not improved,...

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Action began to increase the bucket sales of Hungarian apple

Fazekas Sándor Rural Development Minister, Mártonffy Béla, president of FruitVeB and Dominique Ducoux, CEO of Auchan Magyarország Kft. jointly promoted the bucket sales of Hungarian apples in a department store...

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