Market News
The ifo index indicates optimistic global economy sentiment
Date: 2012-02-16 12:35:03
The German ifo Economic Research Institute’s world's economic sentiment index has improved in the first quarter of 2012 after two consecutive quarterly decline. The indicator for the first quarter of...
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Magazine: Traditional marketplaces hold on
Date: 2012-02-16 12:35:02
According to a study conducted by GfK Hungária and Agrár Európa Kft., fruits and vegetables are practically bought by all Hungarian households, who spend HUF 226 billion on them a...
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The Food Avalanche Local Government Program was re-launched
Date: 2012-02-16 12:34:56
The Food Avalanche Local Government Program was re-launched: they await the programs and applications of those non-profit organizations, educational institutions, and local government until February 27 which want to participate...
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Last year's frost damage will be paid soon
Date: 2012-02-16 12:09:27
The total value of the completed and ongoing agri-credits was 803.77 billion HUF at the Hungarian Development Bank (MFB) Zrt. on the 31st of December 2011 – informed the financial...
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GKI: Real estate market: no upturn yet
Date: 2012-02-16 11:57:29
In October of 2011 the GKI Budapest Real Estate Market Index plummeted (-11 points). In January of 2012 this index shows slight increase compared to the previous quarter (+1,5 points)....
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New leader at PwC Hungary
Date: 2012-02-16 11:22:20
From 1st July 2012, PwC Hungary has a new leader, Nick Kós. The 44 year-old Irish-Hungarian expert started his carreer at PwC in Ireland in 1990, then moved to Hungary...
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Hungarian sheep and goat can be exported to Russia
Date: 2012-02-16 10:40:15
All obstacles were eliminated from the path of the Hungarian sheep and goat exports to Russia – said Fazekas Sándor Rural Development Minister over his discussions in Moscow to the...
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Beer’s market position strengthened once again
Date: 2012-02-16 10:04:06
The volume weighted average price of beer was HUF 311/litre in September-October 2009 and September-October 2010, while in the same period of 2011 the Nielsen Retail Index registered HUF 310....
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Parliament secures more bargaining power for dairy farmers
Date: 2012-02-15 15:36:49
New legislation to boost dairy farmers' bargaining power to get fair prices for their raw milk and help them prepare for the end of milk quotas in 2015 was approved...
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Positive surprise: Hungarian economy increased by 1.7 percent last year
Date: 2012-02-15 14:50:06
Despite the deterioration of external market, the Hungarian economy was able to provide positive performance in the last quarter of2011 on the basis of the preliminary datas of the Central...
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D & B: the number of companies dealing with retail trade increased
Date: 2012-02-15 14:40:55
Last year, the number of companies dealing with retail trade increased by four percent in Hungary, compared to 2010. The number of registered businesses which use retail as main activity...
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Magazine: Different levels of concentration across the region
Date: 2012-02-15 14:31:38
Nielsen’s ShopperTrends research concluded that the level of concentration in food retail is different in the countries of our region. This is also reflected in the differing importance of fruit/vegetable-buying...
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The future of Hungary is within the European Union
Date: 2012-02-15 13:54:47
On the first day of the spring parliamentary session Prime Minister Viktor Orbán urged the National Assembly to adopt the European Treaty on Stability, Coordination and Governance in the Economic...
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Parliament saves food programme for the EU's most deprived citizens
Date: 2012-02-15 13:42:13
The “Food for the needy” programme will continue to supply food to the EU's most deprived citizens for two more years, thanks to a rescue plan agreed with the Council...
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French wine and spirits exports over ten billion euros
Date: 2012-02-15 13:00:41
The export of French wines and spirits last year broke the historical record, exceeding 10 billion euros for the first time. The increase was 10 percent compared to last year...
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GKI: The change started
Date: 2012-02-15 09:26:56
According to the forecast of GKI the successful accomplishment of negotiations with the IMF and the EU will be enough only for mitigating the contraction of GDP. The recovery of...
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In January, fuel, alcoholic beverages and food led the price increases
Date: 2012-02-14 15:14:03
In January, consumer prices were 5.5 percent higher than a year ago. In the growth, certain tax measures and forint's exchange rate played the most significant role. The price of...
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Huge forces were mobilized across Europe against food adulteration
Date: 2012-02-14 13:25:31
Serious forces were moved by the European authorities in recent months, to eliminate criminal organizations distributing counterfeit food products. The Hungarian authorities were also involved in the process. The list...
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Apricot and cherry flower buds frozen, still no expensive fruits
Date: 2012-02-14 13:19:46
According to preliminary surveys, the dramatic cold over minus twenty degrees froze the earliest kind of apricot and cherry flower buds. However, if the majority of orchards in Europe get...
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The growth of industrial production declined at the end of 2011
Date: 2012-02-14 13:10:05
The volume of industrial production, compared the same period of last year increased by 2.1 percent in December 2011. The low base also played a role in the moderate growth....
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Excise tax on tobacco products to increase again
Date: 2012-02-14 13:00:44
The excise tax on cigarettes will increase to HUF 11,500 per 1,000 pieces, or 30% of its retail price, from February 1 and to HUF 11,900, or 31% of the...
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MFB: the total value of loans in agriculture over 800 billion HUF
Date: 2012-02-14 13:00:09
The total value of the completed and ongoing agri-credits was 803.77 billion HUF at the Hungarian Development Bank (MFB) Zrt. on the 31st of December 2011 – informed the financial...
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Optimism in the German economy
Date: 2012-02-14 12:48:27
Contrary to the expected -12 points, the Mannheim-based ZEW research institute’s prosperity index of February jumped to +5.4 points, entering into a positive range, the first time since May 2011...
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Magazine: Non-alcoholic, single-flavour pralines in small packaging units
Date: 2012-02-14 12:40:55
According to the Nielsen Retail Index, the annual praline market values at more than HUF 17 billion. Non-alcoholic pralines had an 85-percent value and volume share from praline retail sales...
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Hipercom: Valentine's Day special offers in Hungarian stores
Date: 2012-02-13 16:39:44
Shortly before Valentine's Day, special offer flyers have flooded the market and mailboxes to offer the best purchases for customers. The database of Hipercom Monitoring has taken a closer look...
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More than half a million Hungarians buy pralines for Valentine's Day
Date: 2012-02-13 13:59:05
Valentine's Day is, of course a special season for chocolate producers, especially after the weal revenue of January: nearly half a million Hungarian households are purchasing chocolate for this special...
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Another wave of layoffs is on the agenda?
Date: 2012-02-13 13:50:29
According to the survey of GKI made in January, the number of undertakings reckoning with increasing sales revenues exceeds those expecting decreasing ones. In terms of the number of employees...
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Kantar Media: The hypermarkets increased, FMCG manufacturers reduced their spendings on adverts
Date: 2012-02-13 13:43:02
Over the past year, the remaining illusion has shattered in the term increasing of the advertising market – shows the study of Kantar Media. The datas showed a minimal growth,...
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Magazine: Pork prices upped considerably
Date: 2012-02-13 13:16:53
Data from the Central Statistical Office (KSH) indicates that in the first half of 2011 the number of pigs reduced by more than 2 percent (if compared with the same...
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The frost may have destroyed this year's grape harvest
Date: 2012-02-13 13:10:56
If the record cold lasts longer, a significant proportion of vines may curdle causing a minimum of 20 billion HUF damage to the Hungarian winemakers – forecasts Varga Winery. The...
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