Market News

Matolcsy: the deadline for the introduction of new type cash registers may be extended

It is possible that the 1 April deadline for the introduction of new type cash registers may be extended and the introduction will take place later. Matolcsy announced the introduction...

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Price increases and closures may come to the meat market

In case of pork and poultry products, a further price increases can be expected – writes Világgazdaság.  The producers of the sector – especially those who are dealing with chicken...

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KSH: Unemployment rate unchanged

In September–November 2012, the number of unemployed people was 468 thousand resulting in an unemployment rate of 10.6%. The number of unemployed people was 468 thousand, 8 thousand (1.6%) more...

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VM: disease detected in case of only one ruminating animal in Hungary

Disease detected in case of only one ruminating animal in Hungary – the press office of the Ministry of Rural Development (VM) responded to the Saturday news that Belarus introduced...

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Goverment cuts utilities prices further

The government could reduce retail gas, electricity and district heating prices again this year after cutting them by 10% from 1st January, a new annoucment on kormany.hu tells us. The...

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Last year one and a half percent more beer was brewed in the Czech Republic

One and a half percent more beer was brewed in the Czech Republic last year, the preliminary datas show  – Jan Vesely, president of the Czech brewers association said on...

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NFH: still a lot of offenses at product presentations

There are still many infringements occur at product demonstrations, although some improvement can be detected compared to the previous years – shows the report of the National Consumer Protection Authority...

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Rural Adventure Chosen as Europe's Best Communications Programme

The Vidék Kaland (“Rural Adventure”) Programme has won the competition for communications programmes related to the Common Agricultural Policy (CAP) launched by the European Commission's Directorate-General for Agriculture and Rural...

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New Waste Management Regulations

Some of the implementation regulations of the new Waste Management Act that came into force on January 1 have been issued. Among others, the new regulations concern the distribution of...

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Opten: 28,305 companies were terminated last year

Last year, 28,305 companies were terminated in Hungary, around 4000 more than in 2011 – Opten Informatics Ltd. announced on Thursday. The firm founding mood was skyrocketing in the first...

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A newer food scandal in China: carcinogen materials in cooking oil

A recent food abuse have come to light in China: During a national inspection, ten percent of the products did not meet the standards – the sina.com news portal reports....

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An unlawful coffee shop and an invoice factory were closed by NAV

The tax authority closed an illegitimate coffee shop and an invoice factory. The finance officers seized cash, property and vehicles in a total value of 820 million HUF and 23...

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Still no final decision on food VAT

There is still no final decision on the reduction of the VAT on basic foodstuffs – the National Economy Ministry (NGM) informed Népszabadság. The government not yet answered to the...

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Fazekas Sándor: the agrarian economy this year can increase its positive export balance

According to the preliminary datas, the Hungarian agriculture can increase its positive export balance this year, which is expected to exceed 3 billion euros, ie 800-900 billion euros – said...

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The school milk program will receive more support in 2013

This year, the Ministry of Rural Development (VM) provides an about 1.5 billion HUF for the continuing school milk program, 300 million HUF more than in 2012 – the ministry...

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The BMI of December indicates a shrinkage

The purchasing managers' index (BMI), indicated the shrinkage of the manufacturing industry in December. The 48.9 percent value declined by 3.2 percentage points compared with the previous month – the...

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Russia banned beer sales at night

In order to fight against alcoholism beer cannot be distributed in Russia in street stores under 50 square meters from Tuesday. At night beer cannot be sold in any stores....

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Nielsen: the Hungarian consumers would buy especially food products if they would have more money

If the Hungarian consumers could spend 10 percent more money each month, they would spend the most part of it (2.4 percent) for food and drinks, that can be consumed...

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The fisheries are entirely using EU supports

The 150 EU fishing projects’ support value excessed 7.8 billion HUF. Along with this the sector implements a total of 47 billion HUF investments, taking advantage of the full funding...

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GVH: consumer affairs in focus

The Competition Authority closed about 110 cases in 2012, and launched about the same number of legal proceedings. Consumer protection issues made up the majority of cases that were initiated...

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The Balatoni Crown has lived up to the expectations

The Balatoni Crown (Balatoni Korona) can be be used in 200 places. The local currency was introduced end of March this year – Leitold László, President and Chief Executive Officer...

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MNB expects a 3.5 percent inflation and 0.5 percent economic growth for the next year

According to MNB’s new inflation forecast, this year’s average inflation rate will be 5.7 percent. Next year it will be 3.5 percent and for 2014 a 3.2 percent is forecasted....

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The price is the most important aspect at shoes and dress

When the Hungarian consumers choose to buy, most of them, (50 percent) considers price as the most important aspect at shoes and dress. 48 percent the Hungarian consumers considers the...

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In third of the test purchases problems were found during the Christmas shopping inspections

Inspectors found problems one in three cases, during this year's pre-Christmas test purchases, while last year this rate was 55 percent – Fülöp Zsuzsanna, spokesperson of the National Consumer Protection...

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Bognár Lajos: Successful Fishery Operational Program

The Fishery Operational Program’s (HOP) commitment level is more than 68 percent, therefore Bognár Lajos, Deputy Secretary of State, of the Ministry of Rural Development (VM) responsible for food chain...

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One in five people is low-paid in Hungary

According to the datas of Eurostat, released on Thursday, the proportion of low-paid people was 17 percent in 2010 in the Member States of the EU 27. In Hungary, the...

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Nébih warns to the dangers of surface-treated fruits

A high attention should be paid when using the peel of citrus fruits, because surface treatment is carried out on fruits imported to Hungary from far away locations, so the...

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The EU would tighten the indication on infant formulas

The European Parliament's Health and Food Safety Committee in agreement with the European Council, adopted the draft law under which they would tighten rules on indicating  infant formulas and nutritional...

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GfK: champagne market is dominated by New Year’s Eve

In the last month of the year – mainly due to the popularity of New Year's Eve – frankfurter and champagne purchasings increase significantly: in both categories, the chains expect...

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Magazine: A haircut for special occasions every day

When the cold weather comes, women start wearing caps, hats and hoods, which is a real nightmare for many of them as they might ruin their haircut. Obviously, in the...

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