Market News

This year's bread grain harvest is encouraging

On the basis of the experience of the harvesting process this year's bread grain harvest is encouraging – Fazekas Sándor, Minister of Agriculture told in Kunhegyes on Saturday. The minister...

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Cocoa may become more expensive

Because of the huge Asian chocolate demand, the price of cocoa beans is in heights have not seen for three years, 3,133 USD per tonne. The expected long-term supply crunch...

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KSH: the foreign trade surplus was 629 million euros in April

In April 2014, exports increased in euros by 3.1 percent, while imports calculated in euro increased by 4.2 percent. The export surplus was 629 million euros, 44 million less than...

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Imported melons can cause losses to the producers

The below market price sales of the lower quality Greek watermelon poses a threat to the Hungarian producers – the pesticide and seed distributor Syngenta Magyarország told to MTI on...

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Raben Group: present in the Baltic countries’ logistics market for 10 years

Raben Group celebrates ten years in the Baltic sates. Currently there are three Raben companies and five offices in the region, located in Vilnius, Riga, Tallinn, Kaunas and Klaipeda. Raben’s...

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Consumption, confidence, worries

Besides purchasing power, consumer confidence and buying willingness also have big influence on demand, and therefore on retail turnover. From this point of view it is good news that in...

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Experts: retail sale is clearer, but increased slower

The retail expansion slowed in May,, but it can be seen that the introduction of the online cash register system launched processes in the sector – experts told MTI. The...

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KSH: retail sales rose in May

The volume of retail sales increased by 5.1 percent in May, compared with a year earlier, according to the raw data and working day adjusted datas – the Central Statistical...

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GfK: stagnant consumer confidence, the willingness to buy increases

According to the analysis of the GfK Consumer Confidence Index, consumer confidence has remained virtually unchanged in this year's second quarter, to the high mood during the parliamentary elections in...

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The testing of the Mobile Wallet has ended

We work in full swing to introduce the trade Mobile Wallet service, Pukler Gábor, president of the Hungarian Mobile Wallet Association announced after the test operation of the Mobile Wallet...

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The average price of wheat significantly declined in June

The value of the Magro Grain Index (MGX), that is indicating the joint price movings of the Hungarian grain types declined by 2 percent in June, breaking the previous upward...

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The government spends three hundred billion HUF for food industrial developments

In the following years, the government will spend about three hundred billion HUF for Hungarian food industrial developments – Prime Minister Orbán Viktor said on Wednesday in Maklár, at the...

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NAV: It is a misunderstanding that the deadline the cash register replacement has expired

The old-type cash registers cannot be operated since 1 July, the National Tax and Customs Authority (NAV) only receives receipts issued by the new cash machines – Magyar Nemzet wrote....

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The watermelon season starts this weekend

The watermelon season starts this weekend in Hungary, the arable fruit is continuously ripening and within a few days will appear in the domestic market – the president of the...

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The responsible alcohol consumption campaign continues

The Never Drink When You're Driving! campaign will be organized in Hungary for the eighth time this year. The organizers aim to promote the responsible consumption of alcohol, and they...

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OKSZ: smaller amount discount actions can be expected this summer

According to the National Retail Federation (OKSZ) during this year's summer sales smaller extent price falls are expected and the range of items can be narrower than in the past....

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EuroShop 2014: brands in new light (Part 2)

Düsseldorf hosted the EuroShop trade fair between 16 and 20 February: more than 100,000 visitors came to see 2,226 exhibitors (9 were from Hungary) from 57 countries showcasing their products...

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Retailers benefit from the exchange of cash registers

The online connection with the National Tax and Customs Authority can bring tangible benefits not only to the budget, but to the traders – experts interviewed by az onlinekassza.hu call...

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A rebuttable taboo

Most mothers are treating urinary difficulties during pregnancy and after the birth as taboo, despite urinary incontinence is a temporary syndrome, during pregnancy and can be treated easily. In Hungary,...

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They buy the same goods they used to purchase back home

In Canada major retailers and multinational companies discovered that immigrants are looking for the same brands they used to buy back home, because they make them feel more at home....

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Nielsen: the real business live closely with the World Wide Web

When thinking about the purchase of food and beverages, one-third of the Hungarian Internet using consumers intend to use online tools in the next six months, to inquire or purchase...

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Russian pork embargo: The EC calls for the decision of WTO

The European Commission calls for the decision of World Trade Organization (WTO) to establish that is it legal that Moscow prohibits the pork and live animals entering into Russia –...

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The trade system that facilitates conscious purchase is completed

We can plan our purchases more conscious, our spendings will be more transparent, thanks to a new IT innovation. Thanks to the system money waste can be reduced, shopping can...

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Sales Insights 2014 – the efficiency of sales organisations

Chain Bridge Club, GFK and MindZ decided to conducts a study on the efficiency of sales organisations, with the participation of key FMCG actors’ sales managers. Besides objective measurement, the...

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Respect Hungarian meat!

After Russia banned the importing of Hungarian meat the socialist party (MSZP) started using the ‘Respect Hungarian meat!’ slogan to let Prime Minister Viktor Orbán know, they want him to...

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The NAV to inspect the nightlife

The inspectors of NAV are testing popular retail and hospitality locations of Budapest and Pest county night and day. Last summer, all third checks resulted with finding irregularities, that caused...

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Local Government Regulation on the protection of the Csabai Sausage

A local government regulation was made in Békéscsaba about the introduction of the Csabai Sausage trade mark, and conditions of its use. The Csabai Sausage is a Hungaricum. Vantara Gyula...

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The secret of how to prepare a delicious steak

With the advent of summer, the outdoor grilling season is coming as well. Choosing the real tecnique can make grilling even more enjoyable in adddition to the good company. “Our...

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Design Contest on the occasion of the 40th anniversary of the introduction of the strawberry cake and the barcode

The GS1 Magyarország nonprofit organization is celebrating with an EperCode named strawberry cake and announces a design contest on the occasion of the 40th anniversary of the introduction of barcode....

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GfK: the role of the modern channels are increasing on the vegetable markets

The Hungarian households buy less and less from vegetables and fruits, despite these fresh products are still among the most popular foods. In terms of the places to purchase the...

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