Market News
KSH: investments continued to decline
Date: 2012-08-31 12:30:46
In this year's second quarter, the volume of national economy investments fell by 5.9 percent compared to the same period of last year – announced the Central Statistical Office (KSH)...
Read more
Mountain villages: two million hectoliters of wine is expected this year
Date: 2012-08-31 12:08:04
Around two million hectoliters of wine production is expected this year in Hungary, compared to the 2.5 million hectoliters of the past year – said Horváth Csaba, Secretary-General of the...
Read more
German retail sales decreased
Date: 2012-08-31 11:00:31
Contrary to the expectations of the retail sales fell in July in Germany. According to the figures, published by the statistics office, In July the Germans bought 0.9 percent less...
Read more
Tokaj and Sonoma will be sister towns in memory of the Hungarian founder of the Californian winery
Date: 2012-08-31 10:55:45
The sister town agreement was signed by Joanne Bouldt Sanders mayor of Sonoma City and by Májer János mayor of Tokaj. Tokaj and Sonoma established sister town relationship on the...
Read more
Buy a camera on Monday, go to restaurant on Tuesday
Date: 2012-08-31 10:22:15
Everything has its own time, in fact its own days: one can buy cameras on Mondays for the least money, Tuesday is the cheapest day in restaurant – states the...
Read more
Coffee can protect from intestinal cancer
Date: 2012-08-31 10:15:48
Coffee consumption can reduce the risk of intestinal cancer by 15-25 percent of – quotes The Daily Telegraph newspaper, referring to the datas of U.S. researchers. A study of almost...
Read more
Biofuels lead to a new kind of foodcrisis?
Date: 2012-08-31 08:41:27
The role of biofuel policies in the food-price hikes has become particularly controversial. The rapid increase in demand for and production of biofuels, particularly bioethanol from maize and sugarcane, has...
Read more
Commission welcomes plans to improve situation for people who bought property on Spanish coast
Date: 2012-08-31 08:38:18
European Commission Vice-President Viviane Reding, the EU's Justice Commissioner, welcomed an announcement by Spain that that it intends to improve legal certainty for property owners along the Spanish coast which...
Read more
Grain harvest may be less than expected
Date: 2012-08-31 08:10:48
Russia’s two largest market research institutes significantly impaired this year's Russian wheat and cereal harvest forecasts on Monday. The SovEcon impaired its forecast of grain harvest from 70 – 74...
Read more
Moody's: Euro-area crisis still poses greatest risk to global outlook
Date: 2012-08-30 14:12:21
The global economic recovery is at risk of faltering due to the euro-zone debt crisis, Moody's Investors Service Inc. said in its latest macro-economic risk report. The rating company said...
Read more
Competition Authority initated proceeding in melon case
Date: 2012-08-30 12:00:00
The Hungarian Competition Authority (GVH) initated proceedings against a number of domestic commercial chains, because they assume that they violated the prohibition of restrictive agreements in case of watermelon sales...
Read more
MVH: support to create agricultural producer groups
Date: 2012-08-30 11:58:58
The Agricultural and Rural Development Agency (MVH) starts the payment in the coming weeks for the support of about 568 million HUF in the scope of the establishment and operation...
Read more
Economic sentiment further deteriorated in the euro zone
Date: 2012-08-30 11:56:24
The business and consumer sentiment in the euro zone was worse-than-expected and decreased in August, – shows the datas of the European Commission, released on Thursday. This is the fifth...
Read more
Less selling places and significant price increase are waiting for the smokers
Date: 2012-08-30 11:50:46
Nearly 35 thousand tobacco outlets can disappear in Hungary next year, while smokers can buy cigarettes in the remaining four to five thousand tobacco shops on higher prices. The average...
Read more
OTP: the expenses of Hungarian households are very high
Date: 2012-08-30 11:30:51
An average Hungarian family spends an annual 420-600 thousand HUF for overhead – shows the recent survey of OTP. The survey found that 55 percent of families pay 25-50 percent...
Read more
IBM forecasts better months for merchants
Date: 2012-08-30 10:41:05
Sales of home furnishings in the U.S. are expected to shoot higher in the second quarter, with in-store sales increasing nearly 8 percent to $23.222 billion and online sales increasing...
Read more
Fruits at the price of gold
Date: 2012-08-29 22:45:02
Data from the latest report of the Agricultural Economics Research Institute (AKI) reveals that at the Budapest Wholesale Market domestic pepper was sold at a higher price than last year....
Read more
The government decided to help the farmers
Date: 2012-08-29 14:17:56
The government decided on the mitigation of drought damages on Wednesday's meeting, especially about the solving of the feed market troubles and about the curing of the situation of the...
Read more
Worsening food shortage can force the human race to vegetarian diets
Date: 2012-08-29 12:20:22
The human race has to face radical changes, due to the escalating food supply problems. Among other things, the 9 billion world population (expected for 2050) has to change its...
Read more
The multinationals can come: Hungarian webshops do not feel threatened
Date: 2012-08-29 12:11:28
Three-quarters of the webshops would develop their businesses further with the enlargement of the product range, and only one-third of them seeing a greater risk in the appearance of foreign...
Read more
The start of the school costs tens of thousands HUF to the families
Date: 2012-08-29 12:00:29
Less than one week left from vacation: On the 3rd of September, about 1.3 million students will start the school year. The start of the school costs tens of thousands...
Read more
The special segment keeps strengthening
Date: 2012-08-28 23:44:08
From 100 Hungarians only 9-10 can say that they have no teeth problems. It is especially people above the age of 35 who suffer from bleeding gum or dental plaque...
Read more
Partner In Pet Food: new investment, new products
Date: 2012-08-28 23:38:46
Partner In Pet Food’s dry dog food production facility completed a major investment this spring, as a result of which the plant has become capable of manufacturing soft bits too....
Read more
The wet segment is gaining ground on the pet food market
Date: 2012-08-28 23:34:23
After the contraction of both value and volume sales in 2011, the pet food category (including both pre-packaged and those bought in bulk) kept shrinking in 2012. Last year’s decline...
Read more
The rebirth of Pölöskei syrup
Date: 2012-08-28 23:26:25
Three years ago Pölöskei Syrup Kft., a stable player on the market changed ownership, but unlike many other manufacturers, after a swift and flexible restructuring it remained a Hungarian enterprise....
Read more
The level of inflation was 5.6 percent in June
Date: 2012-08-28 22:50:53
In June consumer prices were 5.6 percent higher than a year before. Compared with May 2012, prices only elevated by 0.1 percent and food prices were down 0.1 percent. In...
Read more
Differentiated VAT cut proposal in agriculture
Date: 2012-08-28 13:20:22
The proposals of the Poultry, Meat, and Dairy Marketing Boards to reduce Value Added Tax (VAT) on general basic food items were sent to the MTI on Monday. The Marketing...
Read more
Nielsen: 54 percent of the domestic consumers are planning to purchase online
Date: 2012-08-28 12:59:57
The proportion of consumers increased by one-third over two years in Hungary to 8 percent, are planning to buy food and drinks online during the next six months. 46 percent...
Read more
Retail: Focus on Cash Logistics
Date: 2012-08-28 12:13:52
The period of nylon bag delivery has expired: more and more retail units are turning to the direction of skilled providers, seeking for quality and safety cash logistics solutions, recognizing...
Read more
FUSIONS project examines the entire food chain
Date: 2012-08-28 11:20:41
Up to now there has been insufficient specific data on food wastage in Europe both on a national as well as international level. Although the players in the food sector...
Read more
