Market News

Shopping center operators are confident

According to analysts, domestic consumption boost is not expected. The National Trade Association (OKSZ) expects a decline of about 1-2 percent on the consumer market in 2012. The Ministry of...

Read more

The consumption of apple has increased

According to Budai Gyula, domestic consumption of apple has increased, thanks to the sales campaign launched by the Ministry of Rural Development (VM), the Agricultural Marketing Center, the FruitVeB and...

Read more

A five percent decline in the packaging industry

An about 5 percent drop was measured in the first half of this year in the Hungarian packaging industry. The main problem beside the general economic problems is the unfavorable...

Read more

S&P: recession is expected in the Euro zone

This year, recession is expected in the Euro zone and it is not granted that economic growth will occur the next year – Standard & Poor's announced on Wednesday in...

Read more

The Bolgheri Sassicaia 2009 of Tuscany became Italy's best red wine

According to the recently published edition of Gambero Rosso wine guide, this year’s best Italian red wine is from Tuscany, while the best white wine is bottled in Friuli. Three...

Read more

Hungarian origin colored pork found in Slovakia

The inspectors of the Slovak Food and Veterinary Authority (SVaPS) found Hungarian origin, colored frozen pork in Slovakia at a reseller’s warehouse premises in Bratislava – confirmed Paulína Komárová, the...

Read more

GfK Purchasing Power: Hungary backlogs the region

According to the Purchasing Power Study of GfK study in Hungary the per capita annual disposable annual income is 4,884 euros, the quarter of the Austrian value. The wealthiest country...

Read more

Food prices may increase by ten percent

The Agricultural Economics Research Institute (AKI) expect a smaller, about 10 percent food price  increase in the next six months – MTI writes. This announcement may easen the already tense...

Read more

Nielsen: dairy products’ retail sales increased both in value and volume in the first eight months

There is an expanding demand for dairy products. In terms of value, retail sales of the fourteen different categories increased by 5 percent during January-August this year, compared to the...

Read more

Success of Hungarian wines in Stockholm

Hungarian wines were introduced in Sweden in the scope of a large-scale demonstration. The event organized by the National Foreign Trade Office (HITA) was accompanied by high attention both from...

Read more

GKI: Domestic economic expectations remained pessimistic

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,...

Read more

Magazine: Trends, whys and answers – part 5

The market share of a carbonated soft drink brand, let us call it ‘A’, started to fall in one of the country’s in our region. At the same time competitors’...

Read more

Pricing troubles by merchants

At RetailCustomerExperience.com Dale Furtwenger, the author of the book ‘Pricing for Profit’ analyses the pricing strategies of retailers. He underlines the importance of being consistent and value-centred but writes negatively...

Read more

Hungaricum Committee opening discussion at the Ministry of Rural Development

The so-called Hungaricum Commitee has opened its founding conference on Thursday, at the Ministry of Rural Development (VM). The board consists of 15 members, and the main purpose of these...

Read more

RSM DTM: The fiscal adjustment whitens the economy, but takes the chance of growth away

According to the RSM DTM Hungary Zrt. consulting firm, the Wednesday announced government measures on one hand will whiten the economy, but on the other hand will take away the...

Read more

Fazekas Sándor: tobacco growing is a very important industry

Tobacco growing is a very important sector of the Hungarian Agriculture – Fazekas Sándor, Rural Development Minister said in Budapest on Thursday at the 33rd congress of the European Association...

Read more

Analysts: real wages may decline this year

Gross wages can grow by 4 to 4.5 percent this year, so – because of the high rate of inflation – a fall may occur in real wages – believed...

Read more

Hungary's Representative Plants Tree at U.N. Biodiversity Conference

eputy State Secretary of the Ministry of Rural Development Katalin Tüth represented Hungary and planted a tree at the U.N. Convention on Biological Diversity in Hyderabad, where participants from over...

Read more

Amazon is America’s most popular retailer

It is now official that Amazon is the number one retailer in the USA, after Boston-based OC&C Strategy Consultants published its research results. They evaluated retailers based on nine aspects...

Read more

NÉBIB closed an illegal green food packaking plant in Csongrád county

The Tax and Customs Administration of Csongrád county and the Food Chain Safety and Animal Health Directorate of the county seized the content of an illegal green food packaging and...

Read more

New Matolcsy Package to come

According to the new Matolcsy Package, transaction tax will increase and cafeteria rules will be strenghtened The EU did not found the 400 billion HUF package announced in early October...

Read more

Employment does not change in the SME sector for seven years

In Hungary, employment is stagnating since 2005 at the small and medium-sized enterprises (SMEs). The number of SMEs did not increase as well. The indicators in connection with the status...

Read more

The VM pays out the sugar support, that was not paid out in 2006

The Ministry of Rural Development (VM) pays the 240 million HUF worth sugar support to the nearly 300 owners, who did not get the grant in 2006, due to the...

Read more

Hungarian-British Chamber of Commerce was founded in London

Hungarian businessmen established a Hungarian-British Chamber of Commerce in London in to boost bilateral trade and economic relations and to facilitate market access. Nagy György one of the founders living...

Read more

Only export amount of corn has grown

It seems that food prices will increase unstoppable until next summer, because due to the drought less grain has grown in Hungary and in the world's major grain-producing areas. Due...

Read more

The Parliament decided over cigarette and alcohol excise tax increase

The Parliament decided over cigarette and alcohol excise tax increase on Monday, in order to allocate extra funds to the health service. The excise tax on cigarettes will be 12,500...

Read more

Domestic economic expectations remained pessimistic

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,...

Read more

One billion HUF support for wine investments

The Ministry of Rural Development (VM) supports wine investments with 1.1 billion HUF from 5 November. The support can be claimed for already purchased, and operating machines – the ministry...

Read more

FAO: It is important to strengthen the small-scale producers

Fernanda Guerrieri, European and Central Asian Regional Representative of the UN Food and Agriculture Organization (FAO) drew attention to the importance of the strenghtening of the small farmers through cooperatives....

Read more

Webshop qualifying system at e-commerce

Within the compass of the famous “purchase it on the net” program, Szek.org has worked out a special qualifying system in strong co-operation with the National Customer Protection Authority, in...

Read more
Oldal