Market News

Coface: Can not see the light at the end of the tunnel

According to the latest survey of the international credit insurer Coface Hungary, in the first quarter of this year, the number of insolvency proceedings increased by a total of nearly...

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The founding document of the Hungarian Gastro Map Cluster has been signed

It is a common interest that Hungary to be able to provide safe food, with  the use of mainly domestic raw materials – said Kardeván Endre, Secretary of State at...

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Retail sales growth is higher than expected in the world's largest economy

U.S. retail sales showed a greater recovery for the third subsequent month, despite the fact that gasoline prices increased. Turnover grew by 0.8 percent in March, while analysts expected 0.3...

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ATM-number stagnating, but quality service becomes a priority

According to calculations, at least 5-10 billion HUF is left untouched in ATM-machines in Hungary. This sum could be decreased by 15-20 percent if integrated cash-optimization systems were introduced. Banks...

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Five thousand inspections and 25 million HUF fines are the results of the spring food chain controls

The spring food chain control was carried out by the coordination of the National Food Chain Safety Office between 19 March and 9 April. 5162 test were carried out, 25,327,888...

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Fungus production could be doubled

According to the latest summary of the Hungarian Horticultural Council, fungus production improved significantly. The production can be doubled, it is expandable to at least 50-70 thousand tons, and employment...

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South Transdanubian Wine Tourism Cluster operates successfully

The organization's president evaluated the one and half year operation of the South Transdanubian Wine Tourism Cluster successful, at Friday’s press conference in Pécs. Schmidt Győző told that the cluster...

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Czechs consume food more economically

Czechs consume food more economically – pointed out the Czech Statistical Office in its report, which analyzed the consumption of 2010. A Czech citizens consumed 2.1 percent less food in...

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Magazine: Last year the market topped nine billion forints

Last year liver paté and sandwich spread sales dropped 3 percent in value and 9 percent in volume; the market surpassed the HUF 9 billion level. From total meat product...

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A meat plant in Dunakeszi was closed by NÉBIH

The Pest county food safety authority inspectors seized more than 1.5 tons of dubious origin food in a Dunakeszi “meat shop”.  The more than two million food control fine is...

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GfK: propensity to buy is on nadir

According to the survey of GfK Hungária, propensity to buy is on nadir, because most of the families expect decrease in real incomes. According to the Thursday communication of GfK...

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Nielsen: global consumers' trust in “earned” advertising grows in importance

Ninety-two percent of consumers around the world say they trust earned media, such as word-of-mouth and recommendations from friends and family, above all other forms of advertising—an increase of 18...

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Horticulture’s primary output is 300 billion HUF

Horticulture is the third most important  sector of the Hungarian agriculture, its primary output, producer revenue is approximately 300 billion HUF – said Mártonffy Béla, at the National Assembly’s Subcommittee...

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Meat black markets will be under control

The new land law can help in the restoration of the disturbed balance of animal husbandry and plant cultivation and in boosting up pig production – said Turi-Kovács Béla, Fidesz...

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Fruit and Vegetable Hotline

Those vendors who sell strawberries from Spanish, Italian or other Mediterranean areas as domestic products deceive the consumers.  Anyone who meets a rip-off can report it to the National Food...

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The level of agricultural producer prices decreased

Following the dynamics of the previous months, the agricultural producer price level decreased by  4.5 percent in February, compared to a year earlier. The price of crop products fell by...

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Twenty percent less watermelons are planted in South Békés

Watermelon production area will be smaller with hundreds of hectares in 2012 than in 2011 in South Békés. Farmers will plant an expected 2500 to 2,600 hectares until the end...

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Tobacco products and alcoholic beverages will be more expensive from the summer

The price of alcoholic beverages and tobacco products will grew, due to the excise tax increase in July – said Kondrát Zsolt, senior analyst at MKB. After the 5.9 percent...

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Hungarian eggs were not allowed to enter the Czech market

The Czech National Veterinary Authority (SVS), not allowed about three million eggs from abroad to the Czech market in the first quarter of this year. According to Thursday's communication of...

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Ministry of Public Administration and Justice

On 11 April 2012, the general debate on administrative districts began in Parliament. In her opening speech, Erika Szabó laid emphasis on the essence of the system, pointing out that...

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Golden medal in Bordeaux for Tokaji Kereskedőház

Since it was created in 1976, the Challenge International du Vin has acquired an expertise, skills and fame which make it a genuine reference in the world of international wine...

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Inflation is 5.5 percent, food prices increased below the average

This year's average inflation may be around 5.3 to 5.6 percent – told the analysts of Takarékbank and ING on the basis of the datas of the  Central Statistical Office...

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ILO: The number of unemployed continues to increase worldwide

The number of unemployed is expected to grow this year and the next year, it can be close to 210 million – says Guy Ryder deputy CEO of the International...

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The second frost caused serious damages in the orchards

The fruit trees located in unfortunate places froze for the second time this year. A part of the buds were destoyed during the extremely cold weather, that came after an...

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The price of wheat may fall further, global supply is expanding

The price of wheat decreases for the second year. According to projections, global supply is projected will grow by 7.1 percent to 210 million tonnes this year. Beside the oversupply,...

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The Maltese Charity Service opens a bakery in Óbuda

The Maltese Charity Service opens a bakery for people with changed work abilities in the 3rd district of the capital – informed the organization MTI on Wednesday. The premise is...

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Experimental distillery at the space station

Whisky is made at the International Space Station. With the unique experiment the role of gravity will be tested. Experiments using malt from the Ardbeg distillery on Islay are being...

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The government's austerity may be softened in the case of mall stop

Népszabadság was informed from various market sources, that the amandment of the mall stop may be submitted after the Easter holidays. According to the informations of Népszabadság a proposal made...

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European mall area expanded by nearly six million square meters in 2011

According to the lastest study of Cushman & Wakefield, the expected 2011development boom in the European shopping center market is below the expectations on several markets, due to delays in...

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Years may pass until the internal consumption can help the food industry

Domestic consumption will not change within four or five years – calculate the major food companies, so the low domestic market activity should be balanced with foreign market developments –...

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