Market News

The garlic-situation is getting difficult

Following a deplorable decrease of a decade, the fields for garlic production in Hungary have finally seen a growth in 2011, and the crop was around 5300 tons. This definitely...

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Worsening economic forecasts cause uncertainty among European consumers

New rescue packages, uncertainty about further developments in Greece, Italy and France and the prospects of poorer economic development in 2012 are all heightening the anxiety of European consumers. This...

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The hungaricum act builds the consumer community of national products

The Hungarian legislation has arrived to a strategic milestone with the creation of the Hungaricum act. The Hungarian legislation is willing to ensure the protection of national values. The law...

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Ipsos: Shopping, financial transactions and job search on the net

Six-tenth of the world's internet users collect information about the products they want to buy on the web, and almost half of them buys these products on the web. Six-tenth...

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Rain or more expenses

If rain will not come, autumn sowings may be in critical situation, and the fate of spring seeds  will be in a critical situation as well. According to meteorologists, weather...

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K&H SME confidence index: do the domestic enterprises passed the low point?

After several years of nadir, the K&H SME confidence index increased. The K&H SME confidence index is indicating the one-year expectations of the domestic businesses. The K&H SME confidence index...

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Domestic strawberry and raspberry production may find momentum

The Hungarian strawberry and raspberry growers, who are entitled to SAPS can receive an annual 391 thousand euros (about one hundred million HUF ) support from 2012. The new EU...

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Consumer spendings have increased in the world's largest economy

The U.S. personal spendings grew by 0.8 percent in February, surpassing the expectations of a 0.6 percent increase. The January data was improved to 0.4 percent growth from 0.2 percent....

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OKSZ: We will spend during Easter despite the crisis

This year, egg prices increase drastically, thus Easter holiday meals will cost more, but merchants expect that the Hungarian population will spend the same amount as last year. According to...

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KÉKI: High quality ham is expensive, but the cheaper is not bad either

Hungarian housewives can definitely agree about one thing: they have received plenty of good ideas on how to buy the ideal ham for Easter. Never before did so many ham-tests...

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BMI on a record annual level

The seasonally adjusted value of the Purchasing Manager Index (BMI) was 56.8 points in March, the highest of the last thirteen months. In addition, it is well above 50 points,...

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The Ministry of Rural Development's proposal on illegal land purchasing

The government has adopted the Ministry of Rural Development's proposal on illegal land purchasing. The Minister of Rural Development promised swift and effective action regarding so-called pocket contracts. At the...

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The Government has adopted the National Rural Strategy

“The Government is treating agriculture as an important spring-board”, stressed András Giró-Szász at the press conference at which he and Minister for Rural Development Sándor Fazekas jointly announced that the...

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Changes in the pig holding rules

The EU regulation that prohibits the sows to be kept in isolation – will enter into force in  January 2013 – will only affect less than 50 affected pig farms...

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What ends up in the washing machine?

Instead of detergent powders, a growing number of consumers buy liquid or gel detergents or those in pre-portioned doses. Consequently, we find these products in the portfolio of every big...

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Hypermarkets prevail on the detergent market

Every year HUF 33 billion worth of detergent is sold in Hungary. Last year retail sales were down 3 percent in value and 5 percent in volume, if compared with...

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PET bottle is still at the top of its game among fruit juices

– When the economic recession commenced, juices and premium category products were capable of strengthening their positions. By today this trend turned around and it is the low fruit content...

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Increased market share for the biggest and the smallest stores

Fruit juice sells in the value of HUF 40 billion a year in Hungary. Last year value sales were up 1 percent but Nielsen registered minus 4 percent in volume...

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Price reigns among patés and spreads

Economic hardships started a restructuring process on the meat product market – to the detriment of patés and spreads. One of the reasons for this was a 6.1-percent increase in...

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A fleet in good hands

There are a couple of factors in the domain of fleet financing and management that give way to optimism: tenders are going to be reannounced and changes in legislation may...

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The GPS sees everything

iData Kft. is an acknowledged Hungarian satellite tracking company. Company head Lajos Szabó has realised the importance of this kind of service and created iTrack GPS, which is now used...

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Food-chain safety tests in the ham-product sphere

Prior to the Easter-season, the National Foodchain-safety Authority has ordered a detailed check-up to examine all ham-products. The county-authorities have checked producers as well as shops. Throughout the controlling process,...

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European egg production decreases by a weekly 200 million pieces

As Easter is approaching, eggs are getting more expensive Europe and it seems that shortage will occur from eggs, as the primarily result of the new European Union regulation. According...

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Fazekas Sándor: the government aims to increase the proportion of food distributed by the producers

The government in its National Rural Strategy points out that they are willing to increase the proportion of food sold directly by producers from 7 percent to 20 percent until...

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German retail declines for five months

The sluggish domestic consumption – despite the generally good economic climate – continues to slow down the upturn of the German retail trade: German retail sales declined for the fifth...

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Smokers: comply with the ban, if you can!

The violators of the new smoking law will be penalized from the 1st of April. The Society of Smokers does not consider the law realistic at several points, but requests...

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Product of the year Hungary 2012 – the winners

Product of the Year creates an opportunity for manufacturers to introduce their innovative products to consumers as soon as possible. Using the logo differentiates the given product from similar goods,...

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PwC: Hungary is still an attractive investment location

According to the PwC advisory group, Hungary is still an attractive destination for those who are wishing to invest. Supports and subsidies are important to the investors, because these are...

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KSH: 51 thousand more people are working than a year ago

The number of employees in December 2011 – February 2012 was 3 million 794 thousand, 51 thousand more than a year ago – the Central Statistical Office told MTI on...

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Magazine: Only real-chocolate Easter figure sales grew

Despite the economic environment and consumers cutting down on their spending, Easter sweets did surprisingly well last year. Andrea Szabó, Nestlé Hungária Kft.’s junior brand manager (seasonal confectionery) told Trade...

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