Market News

The GKI-Erste economic prosperity index is on its almost two years peak

The (seasonally adjusted) value of the GKI-Erste economic prosperity index jumped to its two years peak in May after the significant decline of April. The increase experienced from autumn 2012...

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Professional organizations recommend consulting on the advertising tax

According to the standpoint of the professional associations, the effects of the planned “advertising tax” on the media sector are still unpredictable for the sector and for the general public,...

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The Minister is protesting because his name was used for advertising

The news that the reseller of the TICE cash machine’s distributor advertised itself with the political support of Varga Mihály Minister of Finances came into light on Saturday. The Ministry...

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We choose sweeteners more consciously

People are becoming more and more conscious and more aware how they sweeten their meals and drinks. Six out of ten people pay attention of what products they use for...

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Beer is good against skin problems

The beer partakes the medical community. In Hungary, it is typically only recommended for kidney stones, while the large beer consuming nations emphasize other benefits as well. According to Czech...

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KSH: Last year’s base also accelerated the decline of the March retail sales

In March, retail sales fell by 2.9 percent, compared to a year before. After the January decline of 2.3 and the 1.2 percent decrease of February, last year’s high 1.5...

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Milk World Day: a slight decrease in milk consumption in Hungary

The annual per capita milk consuption in Hungary decreased by 2-3 percent, in the recent years. While five years ago, the average per capita consumption was about 170 liters per...

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Risky foods: groping in the dark

Only 33 percent of the Hungarians are able to decide which products are healthier on the basis of fat, sugar or salt content, far behind Canada and Great Britain. The...

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Beware of the fine print tricks

In addition to the hundreds of thousands HUF purchase price, the operating of the new online cash machines can cost a monthly tens of thousands for the tobacconists. Newly established...

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The real strawberry season to be started

Although Hungarian strawberry could be bought at markets and in malls even in April, the harvest season on the fields is just beginning. The filmed strawberry has no real flavor,...

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The Hungarian Advertising Association forms its position on the advertising tax after knowing the details

The Hungarian Advertising Association will only be able to create its professional position on the advertising tax if they will know the details – Urbán Zsolt, president of the Hungarian...

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Company leaders are exclusively men

“Women in leadership” continues to be a hot topic, according to the findings of the latest Randstad Workmonitor. While 84% of employees worldwide believe in diverse and balanced male/female leadership...

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Roadkill is legal to eat in Montana

Steve Lavin has reported to hundreds off crashes that involved animals. The Roadkill Bill, he hopes, will allow Montanans to salvage good meat that would otherwise rot on the side...

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Bisnode: online traders increased their revenues

The companies dealing with mail-order services and online retailing performed relatively well among unfavorable economic environment. The number of firms have multiplied reaching nearly 3,000. In recent years, their aggregate...

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The bees could not take the work: there will be less fruit this year

High fruit yields are not expected this year, due to the sudden warming, rapidly developing bloom and less bees. The reason is prosaic: the depleted bee colonies were simply not...

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Nothing really happens when the deadline expires

Varga Mihály, Minister of Economy admitted at yesterday's meeting of the BKIK, that the cash register replacements cannot meet the deadline – Népszava reports. Nothing really happens if the enterpreneurs...

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Chinese consumers are more and more optimistic and would spend more

The value of consumer confidence in China is stable, and the population is becoming more optimistic and willing to spend more than before – shows the latest reoprt of Nielsen...

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Closer economic and trade relations with South Africa

On Monday, the founding session of the Hungarian-South African Economic Joint Committee was held in Pretoria, South Africa. The Hungarian Co-Chairman of the Committee is Secretary of State Kristóf Szatmáry,...

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Ten percent price margin will be provided to the tobacco retailers

With the amendment of the tobacco law, the parliament provided a ten percent price margin to the tobacco retailers on Tuesday, and further expanded the range of products that can...

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Fifth Annual General Meeting of GfK SE

At today’s fifth Annual General Meeting of GfK SE, a minimum of 99.6 percent of the shareholders of GfK SE voted in favor of the resolutions proposed by the Supervisory...

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Loan can be used for online cash registers

OTP Bank has developed a construct for th e operators of the national tobacco shops. A major item of the startup costs is the purchase of the online cash tregisters...

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KSH: Average net earnings increased by 4.2 percent in January-March

In January to March 2013, the average gross earnings of full-time employees amounted to 225 600 HUF. It was 2.9 percent higher compared to the same period of last year....

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VM: the directive for beers has changed

According to change in the Hungarian Food Codex, products will not longer be marketed under the “beer” name that are added any material after aging and filtering, thus their character,...

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Hard to find reliable cash register manufacturers

The Dohánybolt Ellátó Kft., that has more than one thousand registered partners has assessed the participants of the cash register market, that are offering cash registers for tobacco shops. During...

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Health recepies are popular

The interest for healthy diet on the web has been declining since the mid 2000s – shows the Gourmet Webshop survey of Foodies.hu. This means that these days half of...

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The world's most valuable brands

Technology companies continue to dominate the ranking of the world's most valuable brands in 2013: Apple, Google and IBM can be found in the first three places. According to the...

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Rice contaminated with cadmium were found in Southern China

Higher than permitted levels were found in almost half of the tested samples. Carcinogenic cadmium were found by the authorities in south China's Guangdong province – the Chinese media reports...

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The targeted service is a new cafeteria item

The amounts paid by an employer to the voluntary mutual insurance funds will be introduced as new fringe benefits Kalocsai Zsolt, CEO of RSM DTM Hungary Zrt. told. In other...

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Nielsen: increased food retail revenues

Retail revenues rose by 2 percent in case of the sales in the ninety-food categories continuously measured by Nielsen, between December 2012 and March 2013, compared to the previous comparable...

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GKI still forecasts economic stagnation for 2013

Despite the better-than-expected first-quarter GDP figures, the GKI Gazdaságkutató Zrt. did not change its forecast and continues to forecast economic stagnation for this year. The economic researcher in its blog...

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