Market News

Consumer-friendly enterprise application was announced

The National Consumer Protection Authority (NFH), in order to promote attitude in compliance with the law, announced a consumer-friendly enterprise application for small and medium enterprises of trade and catering....

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Kiwi instead of high blood pressure tablets

Norwegian researchers have demonstrated that the kiwi has an impressive antihypertensive effect. Its regular consumption decreases blood pressure to its normal values – can be read in the study of...

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Some Chinese tea species are more expensive than gold

As the spring season approaches, the price of some Chinese tea species increased into heights never seen before. The highest quality, rare tea spiecialties are considered as luxury presents today,...

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Detailed forecast of GKI Economic Research Co. for 2012

The Hungarian economy has been the weakest for years in the region, and it fell short of its own capabilities. Now this is accompanied by a credibility crisis (perceived in...

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GDP will decline by 1.5 percent this year, next year it will increase with the same percentage

According to the GKI Economic Research Zrt., this year, the gross domestic product (GDP) will decline by 1.5 percent. GKI believes that in 2013 it will increase by the same...

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Magazine: Most Hungarians are convinced that organic food products are healthier

84 out of 100 Hungarian consumers think that organic products are healthier, 70 reckon that by eating organic food they do not consume pesticide residue and other poisons – revealed...

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Serbian-Hungarian agricultural trade is expanding vigorously

Hungarian agricultural exports to Serbia increased by 38 percent in 2011, compared to the previous year and exceeded 50 million euros. Imports from Hungary’s southern neighbour increased by 50 percent...

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VinCE Budapest 2012: Huge success for Hungary

VinCE Budapest 2012 promised to be a great wine event for professionals and amateur wine lovers alike. The primary focus of VinCE is wine (vin) in Central Europe (CE). Over...

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New evidence on effects of green coffee beans in weight loss

According to U.S. researchers, extract from green, unroasted coffee beans may help in weight reduction. Joe Vinson and his colleagues will describe their results at the San Diego conference of...

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China imports more and more wine

Paralell to the growth of wages and incomes, the consumption of wine and the consumption of imported wines are also growing in China. Most of the wines (117.9 million liters)...

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GfK: Customers are looking for cheaper products

Last year, retail sales rose by 1.9 percent to 2,789 billion HUF as the result of a 5.4 percent price increase, a 0.4 percent decrease in volume and a 3.1...

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What's on our Easter-table?

Hungarian housewives get to choose from a wide range of seasonal Easter smoked items at the shops. The experts of SGS Hungária Ltd. offer help to find our way within...

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The development of food industry is a national strategic issue

The development of food industry is a national strategic issue  – voiced Bognár Lajos, Deputy-Secretary of State of the Ministry of Rural Development (VM) responsible for food chain surveillance and...

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Hungarian fruit and vegetable producer groups can receive 1.4 billion HUF this year

The Ministry of Rural Development (VM) earmarked 1.4 billion HUF for the fruit and vegetable producer groups in the Darányi Ignác-plan this year. The support can be claimed for the...

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The criterias of food marketing will be more stringent

The criterias of food marketing will be more stringent  and the fines will significantly increase, due to the amendment of the food safety law approved by the National Assembly on...

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German consumer sentiment worsened

Some deterioration occurred in the German consumer sentiment indicator in April, after it was steadily improving in the previous six months, – the GfK market researcher announced on  Tuesday. The...

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Batch of blessed Pilsner Urquell beer heading to Vatican

The Pilsner brewed pilsner beer specifically for the Vatican for the Easter holidays and set sail on Monday afternoon from the West Bohemian Pilsen to Rome. With the Easter celebrations...

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Magazine: A significant proportion of households only buy one type of toothpaste

GfK Hungária’s ConsumerScan survey reveals that not everyone uses toothpaste: every year eight out of ten households (78 percent) buy the product. In 2011 the toothpaste market remained stable and...

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The small breweries enrich selection

The small breweries in Hungary enrich the domestic supply of the beer market, with producing beer specialties. Their production is 0.2 percent of the total annual Hungarian beer production –...

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Experts consider the retail sales growth as a positive turning point

Experts consider the January increase of retail sales as a positive turning point, but they also draw attention that it is not yet possible to conclude a year-round process from...

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KSH: retail sales increased in January

The retail sales volume in January of this year was 0.6 percent above the same period of the previous year; sales increase in food stores, as well as in the...

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The Hungaricum Association initiates changes to the bill

The Hungaricum Association (Husz) initiates the change of the hungaricum bill, because they do not see that the financial basis of the administration is insured – said Birinyi József, President...

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Avalanche researchers studies the changes in ice cream

Avalanche experts are helping to study how ice cream's structure changes when it is stored in a household freezer. Samples of ice cream have been scanned with an X-ray machine...

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Free number to call if foodchain-safety irregularities found

Starting from 26th March 2012, the National Foodchain-safety Authority (NÉBIH) will offer a green number free of charge to call for citizens finding an irregularities. The launch of the service...

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PayU conquers Europe

The Polish Platnosci.pl system owned by PayU SA, being the leader of the domestic online payment market, enters new European countries. Together with expansion, the company implements a new image-building...

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The market of household chemicals and cosmetics remained 300 billion HUF

Household chemicals and cosmetics retail sales amounted to 300 billion HUF between March 2011 and Febrary 2012, the same extent as last year. According to Nielsen’s Retail Index, stores sold...

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Pro Europe initated EU inquiry in connection with the environment protection product fee

The Pro Europe organization sent an another complaint letter to the European Commission in connection with the conversion of the Hungarian environment protection product fee. The Pro Europe in its...

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Campaign for the native regional fruit species

Rural Development Minister Fazekas Sándor has signed the regulation on the propagation and distribution of the native regional fruit species. The regional fruit species will be added to the National...

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NGM: nearly 6 percent real wage increase in 2011

The average national economy net earnings in 2011 increased by 9.9 percent, compared to the previous year. Beside a 3.9 percent inflation, it is a 5.8 percent real income growth...

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IAB Hungary: 30.4 billion was spent on online advertising last year

According to the datas of IAB Hungary: last year, the companies spent 30.4 billion HUF on online advertising, which is 3.2 billion and 12 percent higher than in the previous...

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