Market News
In Hungary the price of food products household chemicals and cosmetics in the third quarter increased by an average 6 percent,
Date: 2012-11-20 13:02:11
In Hungary the price of food products household chemicals and cosmetics in the third quarter increased by an average 6 percent, compared to last year's comparable period. This is the...
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Illegal sugar packages were found
Date: 2012-11-20 11:10:31
The National Tax and Customs Office (NAV) and the National Food Chain Safety Office (NÉBIH) found 25 tons of French and Polish origin sugar that were filled into 1 kg...
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Beverage carton collection reloaded
Date: 2012-11-20 10:53:49
In this school year, 20 cities and 60 small settlements, 300 educational institutions and more than 68,500 children will participate in the Beverage Carton Environmental Association’s (IKSZ) beverage carton collection...
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The citizens of Sződliget bulid their settlement’s facsimile from gingerbread
Date: 2012-11-20 10:50:18
The baking of the molds has been started, the income of the exhibition combined with a charity fair will be given to the development of the IT network of the...
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Cartel rules for agricultural products will be easened
Date: 2012-11-19 13:40:22
The National Assembly easened the cartel rules for agricultural products on Monday. The agreement will not restrict the competition that will be carried out with the participation of industrial advocacy...
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Concession stores can come in alcohol trade
Date: 2012-11-19 13:15:27
The government is considering that similar to the tobacco products, the alcoholic goods that have a 15-20 percent higher alcohol content to be sold in stores with only concession –...
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The excise tax of particular tobacco goods will increase on 1 December
Date: 2012-11-19 11:15:51
The NAV presents: the cigarette excise tax of cigarettes will increase from 1 December from 11,900 HUF to 12,500 HUF per thousand pieces and it will be and 31 percent...
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Retail sales declined in Slovakia
Date: 2012-11-19 11:04:12
Retail sales decreased by nearly 3 percent in Slovakia in 2011 to 17,500 million euros – shows the analysis of Postová Banká. The decline was detected in almost all segments...
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Collection started in Vienna and Bratislava for the Santa Claus Factory
Date: 2012-11-19 11:02:28
The Hungarian National Tourist Office also assists in the work of the Santa Claus Factory. The staff working in Vienna and Bratislava are compiling a package to help the children...
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KSH: industrial production decreased by 3.8 percent in September
Date: 2012-11-16 12:00:29
The volume of industrial production decreased by 3.8 percent in September, compared to the same month of last year. In September this year, there were two less working days than...
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The President of the European Council proposes drastic cutbacks in agricultural subsidies
Date: 2012-11-16 11:48:12
The President of the European Council submitted a proposal to the Member States, which could result in 573 million euros reduction for Hungary's agricultural subsidies in seven years. Beside the...
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Sugar and coffee remain weak at the commodity exchanges
Date: 2012-11-16 11:35:39
The weak demand, the large stocks and good yields all contribute to this trend. The production of sugar in the past years always exceeded consumption, the excess was manifested in...
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Lázár: Let the tobacco shops to sell lotto and lottery tickets
Date: 2012-11-16 11:28:55
The leader of the Prime Minister’s Office proposes to let the tobacco shops to sell lotto and lottery tickets. Lázár János initiated the amendment of the tobbacco shop law on...
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Europe's highest rents can be found at Champs-Élysées in Paris
Date: 2012-11-16 11:25:06
Cushman & Wakefield has compiled this year’s list of shopping street with the world's highest rents. Among the 326 locations of sixty-two countries rising rents were measures in 147 cases...
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Hungary joins to the European waste reduction week
Date: 2012-11-16 11:10:28
This year, for the first time Hungary joins the European Waste Reduction Week, that will be held between 17 and 25 November – the National Waste Management Agency (OHÜ) announced....
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Greenpeace: Say no to genetic engineering
Date: 2012-11-16 09:46:42
While scientific progress on molecular biology has a great potential to increase our understanding of nature and provide new medical tools, it should not be used as justification to turn...
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GDP decreased by one and a half percent in the third quarter
Date: 2012-11-15 13:07:30
Hungary's gross domestic product (GDP) decreased by 1.5 percent in the third quarter of 2012, while with seasonally and calendary effects adjusted a 1.6 percent decrease occurred, compared to the...
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Consumer climate remains constant
Date: 2012-11-15 12:59:27
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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National tobacco shop applications have been published
Date: 2012-11-15 12:37:45
The National Development Minister published the details of the tender on Thursday. According to the tender, published on the government’s website, the concession fee in settlements, with less than two...
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The VM conducts a survey on local farmers markets
Date: 2012-11-15 11:44:27
The Ministry of Rural Development (VM) conducts a survey on the local farmers markets. The goal of the ministry is to create a national market system, and to provide legal...
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The proportion of Christmas gift trade decreased in Austrian trade
Date: 2012-11-15 11:41:13
The significance of giving Christmas gifts has been reduced in the past few decades in the Austrian retail market – Austrian economy newspaper, the Wirtschaftsblatt wrote in its Thursday issue,...
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KSH: agricultural producer prices rose by 20.7 percent in September
Date: 2012-11-14 12:41:32
In September, the producer prices of agricultural products rose by 20.7 percent compared to the same period of the previous year. Increase from January to September was 10.9 percent, while...
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BDO: more and more companies are in debt spiral
Date: 2012-11-14 12:20:08
In Hungary, more and more companies are falling into fatal debt spiral – the BDO consulting firm draws attention. Referring to the datas of the Financial Supervisory Authority, the BDO...
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Hundred thousand people have applyed to the new chamber of agriculture
Date: 2012-11-14 12:15:39
Győrffy Balázs the acting president of the Chamber of Agriculture, announced that who have registered with e-mail address until 15 November will receive the Chamber of Agriculture’s recently launched electronic...
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Agricultural trading house was established in Szabolcs county
Date: 2012-11-14 11:14:31
In order to promote the sales of agricultural products in Hungary and beyond our borders a trading house was built in Szabolcs-Szatmár-Bereg county – announced the leaders of the organizations,...
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Euro zone’s industrial production has not fall so huge since January 2009
Date: 2012-11-14 11:11:27
According to the datas of the EU's statistical office published on Wednesday, industrial output in September decreased by 2.5 percent compared to August. Such a significant reduction in production has...
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Ukrainians consume more and more foreign meat and milk
Date: 2012-11-14 11:05:28
In Ukraine, the consumption of foreign meat and dairy products has greatly increased. In the first nine months of the year, the country imported three times as much meat than...
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Food price shock is easing say London analysts
Date: 2012-11-13 12:50:45
The rise in food prices does not seem to be filtered through to the consumer prices in Hungary in a level that was expected. This may be one reason of...
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KSH measured a six percent inflation rate in October
Date: 2012-11-13 12:47:46
The food price inflation may be a long-term risk. Inflation may moderate in the next half-year, next year it may remain relatively high – analysts believe. According to the datas...
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Lower-than-expected revenue may flow into the budget from the public health product fee
Date: 2012-11-13 12:21:08
Probably one–two billion HUF less revenue will flow into the budget from the public health product fee –Világgazdaság wrote on Monday. According to the newspaper the companies would need to...
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