Market News

Oversupply reduces milk prices

In Hungary, the average producers price of raw milk was 87.57 HUF per kilo in April 2012, which is a 4 percent decrease compared to March – announced the Agricultural...

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The turnover of webstores increases from year to year

Last year, the retail sales of web stores increased to 155 -160 billion HUF, from the 133 billion HUF of 2010. 50 percent of the growth was achieved by new...

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End to upward trend of consumer climate

The largely stable development of the mood among German consumers continued in spring this year. Economic expectations improved slightly once again and willingness to buy almost remained at the same...

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100 million bags of instant noodles are sold in China each day

China is the world's largest instant noodles consumer, the Chinese are buying more than 100 million bags a day – said industry's experts at their international conference, held during the...

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Invitel: six percent growth is expected on the IT market

It is projected that the value of the IT services will increase by about 6 percent annually in the next 6-7 years on the Hungarian market, while the system integration...

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Exploding consumer confidence in China

Consumer confidence in the first quarter in China rose to heights, has not seen since seven years – shows the survey of Nielsen international market research firm. The consumer confidence...

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Red wine, fruit compound could help block fat cell formation

The newly discovered component of grape juice inhibits the development of fat cells, thereby preventing obesity – U.S. researchers found. Fat subsides mostly on the hips and is primarily on...

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Work-Life balance improves

Workers across the UK declare that the balance between their work and personal life has improved since 2010, according to a new Work-Life Balance Index based on the views of...

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OKSZ: it would be a mistake to close recidivist multinationals

In recent days, a statement was said that the consumer protection authority is ready to close the recidivist multinationals. The intention is understandably, but it is questionable that, does the...

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The decline of real wages may further tighten the internal demand

According to the communication of the Central Statistical Office, the average gross earnings exceeded the level of last year by 4.4 percent, at businesses with at least five employees, at...

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In Hungary, 59 percent of the companies does not pay on time

In Europe the smallest proportion of Portugese companies pay their bills on time, while the best performance of the payment deadline can be found in Germany- shows th analysis of...

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FruitVeB: frost damages are smaller than initially seemed

The damage caused by the frost is smaller, than it was expected, however, the Hungarian fruit growers can expect worse year than last year in terms of the value of...

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K & H: the employment intention of SMEs did not improved dramatically

“On the basis of our survey among SMEs, significant staff increase is not expected in the forthcoming years, nor reduction. Medium-sized enterprises are more promising, of which nearly one in...

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Increasing medicine spendings

This year’s government tightening on voluntary health insurance has taken the effect. The members of the independent Pharmacy Fund spent on drugs a never seen extent of 70 percentage in...

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The new generation of natural sweeteners: stevia, agave syrup, xylitol and others

Sweet taste always played a major role in the diet. Originally sweeteners were extracted from plants, later honey was used for sweetening, then the 6th and 7th century, the sugar...

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KSH: agricultural producer prices moderated in March

In March, the producer price level of agricultural products declined by 4.1 percent, compared to the previous year, including the price of crop products fell by 11.7 percent, while the...

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Coface forcasts more problems

The global construction sector is a kaleidoscope of diversity with substantial differences between countries and even between the regions of a given country.The sensitivity to changes in economic conditions also...

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The Direct Marketing Association will change its name

The Direct Marketing Association (Direkt Marketing Szövetség) has chosen a new name. The association successfully working for 17 years, in the future will operates under the Direct and Interactive Marketing...

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Investigation in China, because of fake pig ears

Another food falsification scandal semms to be broken out in China, after it turned out, that the popular pig ears are falsified in eastern China – the China Daily newspaper...

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GKI: Slight improvement

In April of 2012 the GKI Budapest Real Estate Market Index (92.8) shows insignificant decrease compared to the previous quarter (-0.8 points). Expectations on residential and warehouse market improved slightly,...

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MKIK: improving corporate outlook

According to the April 2012 survey, the company's business expectations have improved in Hungary. After the major downturn of October, the company’s became more confident – told the Hungarian Chamber...

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Agri and food industrial unity in the VOSZ

The National Association of Entrepreneurs and Employers (VOSZ) has established its agri-food section with 155 members, in order to strenghten the interests of the SMEs of the agri-food sector. Kiss...

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Hungary wants simple and flexible EU “agri-greening” system

Hungary is basically agrees with the Commission's proposal to restructure the agricultural management, in an environmental viewpoint, but would like to reach that the system to be simpler and more...

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GfK: decline on the IT and office equipment market

According to the datas of the GfK Retail and Technology area, on the market of consumer durables in this year's first quarter – after a relatively strong Christmas season –...

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Euro zone’s GDP stagnated in the first quarter

Due to the strong performance of the German economy, euro zone was able to escape the recession in the euro zone, the gross domestic product (GDP) stagnated in the first...

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NGM: Consumer Protection Law was changed in order to help consumers

The National Assembly adopted the amendment of the Consumer Protection Act, which allows the handling of complaints in the future faster. The authority of the conciliation bodies will expand as...

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The price of honey may increase

Beekeepers expect higher honey prices this year, because acacia was frozen in several areas and bees have less time to collect nectar – Zalai Hírlap wrote on Tuesday. Last year,...

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KSH: food price increase in April was below the average

In April, consumer prices were 5.7 percent higher than a year earlier, and compared to March increased by 0.8 percent. Compared with a year earlier, fuel and tobacco prices increased...

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Community customer market is getting more focused

The community customer market was left by 8 participants this year. Last year the value of the community customer market was 4.3 billion HUF. This year, more failures are expected,...

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