Market News

KSH: agricultural producer prices fell by 14.6 percent in November

Agricultural producer prices continued to decline in November. The average price level of plant and animal products was 14.6 percent lower than a year earlier – the Central Statistics Office...

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Magazine: World retail ranking: online retailers in the top three

According to the latest international survey by Euromonitor the retail sector expanded by 5.5 percent in 2013, which amounts to USD 13.9 trillion. This expansion is primarily the result of...

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The Hungarian Competition Authority (GVH) initiated proceedings against the pesticide dealers, because of cartel suspect

The Hungarian Competition Authority (GVH) initiated competition supervision proceedings against a total of 22 companies dealing with pesticide-trade, as they are supposed to violated the competition law – the competition...

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A sharp increase in the retail trade of the Czech Republic

Retail sales in the Czech Republic increased by 6.1 percent last November on an annual comparision, after the 0.6 percent decline of October – the Czech Statistical Office announced on...

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The traders can apply for state aid by the end of February

The Ministry of National Economy (NGM) extended the deadline of the installation of the online cash registers, so the 50 thousand HUF support can be used until 28 February 2014....

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VAT fraud affects 80 to 90 percent of sugar in the stores

The VAT fraud affects 80 to 90 percent of sugar in the stores, including of a significant portion of the products that are manufactured in Kaposvár, including – the Chief...

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Feldman Zsolt: 725 billion for agriculture and rural development this year

The farmers and the food industry will be supported by almost 725 billion HUF in 2014. In addition, the industry gets about 21 billion HUF from the gasoline excise tax...

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PwC: the global economic outlooks will improve this year

The developed economies will regain their attractiveness: since 2010 for the first time, they are expect to contribute to the global GDP growth with about 40 percent – the prospect...

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Essential facilities in the agricultural industry

The scope of the essential facilities should be determined in the agricultural and the food industry from 1 January 2014. Although the selection should be required by the enterprises basically,...

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Heavy fines were imposed on the beer industry cartels

Five German beer manufacturers have to pay a total of 106.5 million euros fines because they coordinated their prices. The German Federal Cartel fined the Bittburger, the Krombacher, the Veltins...

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Plastic bags are problematic

Due to their polluting effect the European Commission would give any tools to its Member States to fight against the use of plastic bags – the European Commission told on...

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Vámos: a positive change in retailing

Retail sales increased in 2013, so a slight expansion has started in the retail sector. However, Vámos György, the Secretary-General of the National Retail Federation (OKSZ) does nor expect a...

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HVG: Still a huge delay in cash register exchange

Only a fraction of the 200 to 250 thousand cash registers have arrived to the traders, that meet the conditions of the NAV. The HVG published a panorama about the...

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Cash registers: the OKSZ considers the end of February deadline as acceptable

The businesses wanted longer deadline, but they consider the end of February deadline as acceptable, but later it must be reviewed, whether the manufacturers and distributors could meet the deliveries...

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The Hungarian economy turned to the new year in a good mood

According to the latest datas of the European Commission (EC), the December economic sentiment indicator (ESI) was the highest in Hungary in the European Union (EU). The Hungarian index was...

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Cash Registers exchange: the traders who comply with the deadline can use the support by the end of February

The state aid will be paid to those, who install their online cash registers until 31 January, but those traders who have complied with the deadlines in ordering the online...

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Food Club: free seminars for artisan food producers

The Food Club Foundation (Élelmiszerklub Alapítvány) organizes free seminars all over the country for the producers of artisan food – the foundation told MTI. The aim of the series of...

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There are not enough bees to pollinate crops in Europe

A new study found that there are not enough bees to pollinate crops in most of the European countries. The experts believe that due to the spread of biofuels it...

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Stable revenues in food retailing

Food retail revenues remained stable between December 2012 and November 2013, compared to the similar comparable period, among the ninety food categories continuously measured by Nielsen. During the twelve months,...

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GfK: consumer confidence minimally improved in December

The Complex Consumer Confidence Index of the GfK Hungária was 171 points in December 2013 and minimally improved compared with the 170.3 points of September – the market researcher told...

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Tobacco shops will be safer

Films can be taken down from the windows of the Tobacco shops. Since the introduction of the tobacco law, more than fifty tobacco shops were robbed, sometimes with gun or...

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Retail sales increased in the EU and in the euro zone

Retail sales increased by 1.4 percent in the euro zone and grew by 1.2 percent in the European Union in November compared to the previous month. Compared to the datas...

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The code of the victims of Patkós-Cassa can remain

The victims of Patkós-Cassa were waiting help from the NAV. They submitted to the authority that they could not received cash registers, not due to their fault. The tax authorities...

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Smart Home Program for Conscious Consumer education

The National Consumer Protection Authority (NFH) has launched the Smart Home Program especially for primary school children. In the scope of the program, the children can learn how they can...

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KSH: export surplus further increased in November

Foreign trade surplus was 803.5 million euros in November last year, 237 million more than the year before. On the basis of the preliminary datas, the trade surplus even in...

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Young farmers at the support sprint

Those farmers, who claimed support for young farmers in 2007/2008 and received decision taken in 2009 and who has reached the assumed plant size for the fourth year can submit...

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Companies’ good reputation on the internet

According to Nielsen vice president for reputation management Wendy Salomon, a company’s good reputation is more and more often considered to be one of its most important assets. From this...

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Analysts: low inflation contributed to the growth of retail sales

The low inflation contributed to the larger than expected growth of retail sales last November – the analysts of the Erste and the TakarékBank said. They believe, retail may slowly...

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KSH: the growth of retail sales accelerated in November

The growth rate of retail sales accelerated in last November: the volume of sales increased by 4.9 percent, compared to November 2012, according to calendar adjusted datas, while the unadjusted...

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31 January is a tight deadline for the supports

The 31 January deadline for the exchange of the cash registers is very tight – the Secretary General of the National Retail Federation (OKSZ) said. According to the Népszabadság daily,...

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