Market News

Industrial production rose surprisingly, in the euro zone in May

Contrary to expectations, industrial production increased in the euro zone in May – show the datas of the European Union's statistics office released on Thursday. In May industrial production was...

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Hungarian businesses are pessimistic

Forint liquidity of Hungary's banking sector rose slightly in June, reflected mainly in an increase in lenders' deposits and a decline, close to nil, in central bank swap claims on...

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Chamber of Agriculture membership will be mandatory

The new Chambers of Agriculture Law was adopted by the Parliament on Thursday. Under the law, anyone who carrying out agribusiness activities will be the member of the  Hungarian Agricultural,...

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Feketelista.hu: a lot of winding up procedures in the first half of the year

Earlier this year, 2.9 percent of all the businesses, 18,249 company owners decided to close their companies, with winding up procedures. This number is 61 percent more than a year...

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The commodity price of wheat is on peak

The price of wheat is on peak, because of the domestic and U.S. news. One ton of wheat at the commodity exchange is subscribed for 65 thousand HUF for August,...

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Heat causes significant damage to the poultry production

The extreme heat causes several billion HUF damages to the domestic poultry keepers, because the major part of the livestock – despite precautions introduced at the farms – die in...

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Most Hungarians opt for spa-places for holiday

According to the datas of Szallas.hu, among the summer months we spend the most on holidays in August, an average of 76 thousand HUF. This year, the most popular holiday...

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Magazine: You can look, touch and taste

Hostess promotions are an important element of the in-store communication media mix. We asked three experts Ágnes Csiby (managing director – In-store Team Kft.), Róbert Kufár (managing director – KRQ...

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Beer manufacturers opposes the increase of excise duty

The beer manufacturers would lobby at the government against the January excise tax increase affecting alcohol products, otherwise beer will be more expensive. Brewers would initiate  a consultation with the...

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Nielsen identifies investment strategies and financial habits of the global consumer

More than half (52%) of global online consumers indicate they use credit cards as a common payment method for dining, shopping and entertainment activities while 43 percent use debit cards,...

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KSH: food prices increased below, alcoholic beverages above the average

Consumer prices in June rose by 0.1 percent, compared to the datas of the previous month and were 5.6 percent above the levels of a year ago – announced the...

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Harvested winter wheat has a high quality

Nearly the third of the winter wheat in Szabolcs-Szatmár-Bereg county, has been harvested. The  crop quality – produced on more than 30 thousand hectares – is very good – told...

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Tobacco growers: the excise tax increase strengthens the black economy

According to the Association of Hungarian Tobacco Industry Investors the proposal submitted on Tuesday in accordance with the increase of the excise tax of tobacco products may be risky in...

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POPAI: The location of the purchase is getting more and more important – video

The latest survey of POPAI reveals, among many other things, that customers prefer to pay by card rather than in cash, and the location of their purchase is getting more...

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Product of Gyula trademarks for local products

The local government of Gyula has introduced a new trademark program called “Product of Gyula”, and mayor Ernő Görgényi (Fidesz) has given the trademark to 12 local farmers in order...

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Excise tax and public health product fee will increase

The government increases the excise tax and public health products fee in case of some products, in order to obtain additional sources for health care. Matolcsy György National Economy Minister...

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GfK: increasing Internet usage in Hungary

This year the population have spent a slightly more time with surf on the Internet, than last year. According to the survey of GfK Hungária Digital Connected Consumer mobile internet...

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Hungarian Chamber of Agriculture: the condition of sunflower crops is souring

According to the Crop Production Department of the Hungarian Chamber of Agriculture the hot and dry weather conditions deteriorated the status of the sunflower stock markedly in recent days, compared...

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Integrated wine information system to be launched

The first stage of the Integrated Information System of Vine and Wine (ISZBIR) is expected to be  launched in August – said Zarka Péter, Head of Department at the National...

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Almost one thousand people are working in the Food Avalanche program

Nearly one thousand people in need are working in the vegetable growing program of the  Hungarian Food Bank Association and the Syngenta Kft.. The Food Avalanche program was launched at...

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EU: Nearly one third of Internet users are concerned about online payments

Internet users are very concerned about the situation of cyber security: according to the latest Eurobarometer survey 89 percent of the respondents are refrain themselves to give their personal informations...

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50 sponsors support the Olympics with 270 billion HUF

Nielsen works in collaboration with The London Organising Committee of the Olympic Games and Paralympic Games (LOCOG) in the UK. Specifically, we provide research and insight services to the London...

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French poultry farmers are in trouble

In Hungary, the amount of purchased chicken increaesd by 13 percent, its liveweighted producer price of 256.74 HUF per kilo was 4.6 percent higher in the first twenty-five weeks of...

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Record amounts of beer and ice cream consumed

Record amounts of beer and ice cream consumed in stores nowadays. Manufacturers are trying to attract consumers with new flavors and packagings. The sales of cold drinks and ice cream...

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The promotion of the Hungarian melon continues this year

This year the promotion of the Hungarian watermelon will continue on the basis of the positive experiences of last year – said Budai Gyula, Secretary of State at the Ministry...

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The harvest is in full swing, the quality of the crop is mixed

The harvest is in full swing across the country, the winter wheat yields vary between 3.3 and 4.5 tons per hectare, and quality of the harvested grain is also mixed,...

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KSH: slight increase occurred in the euro value of exports and imports in May

In May, exports and imports calculated in the euro increased by almost the same extent, by 1.7, and 1.8 percent, compared to a year earlier – the Central Statistical Office...

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The licensing fee will be adopted to the quantity of the marketed wine

The Ministry of Rural Development (VM) significantly reduced the fee on wine marketing authorization and the related fees of analytical tests. With the forthcoming measure, which will come into force...

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Nielsen: the amount that Hungarians spend on home maintenance is an European record

The Hungarians spend the most part of their monthly budgets on housing-related services among the residents of twenty-eight European countries. While in Hungary, 36 percent of the average costs usually...

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Melon market participants consult in the ministry

Local watermelon producers and multinational chain of stores are consulting in the Rural Development Ministry (VM) on Friday, on creating balanced melon market conditions – informs Simonka György, President of...

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