Market News

The Italians throw food out even during the crisis

Saving was the slogan during the holiday season in Italy, except for the food thrown out: 1.3 billion worth of food landed in trash in Italy. A total of 440...

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Retail sales decreased in Germany

According to the datas of the Federal Statistical Office, contrary to the expectations, the retail sales fell in November in Germany. On monthly basis, on the basis of the calendary...

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Agricultural exports increased significantly

The value  of agricultural and food exports in the January-September period of last year was 4.988 billion euros, while the import value was 3.132 billion euros – informs the Agricultural...

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Online retail produced a turnover of 155 billion HUF last year

In the Hungarian retail sales only the dealers participating in the Internet trade could realize a significant increase in traffic in 2011 – shows the survey of the GKIeNET –...

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KSH: 42 thousand more people worked in September-November 2011 than a year before

The number of employees in September-November 2011 was 3 million 870 thousand, 42 thousand more than in the same period of last year – announced the Central Statistical Office (KSH)...

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Slovak shopping tourism accelerates

With the continuous weakening of the forint the shopping tourism restarted to Hungary. Each day thousands of Slovaks piurchases in the Hungarian stores. The Info radio reported that in the...

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The price of orange juice may increase further

The further strengthening of orange juice is expected on the commodity stock exchange, after the exchange rate rached its two months peak. The panic is mainly due to the experienced...

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Coface: The number of insolvency proceedings may increase dramatically

According to Coface Hungary: Year 2012 can be worse than last year for the Hungarian companies. While in 2011 the companies had to face only the economic crisis and its...

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Will food production be a “privilege”?

A new food safety bill provoked fierce disputes in New Zealand in which – some experts say – the local food production “will no longer be a human right but...

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Red sludge did not cause damages in the Somlo wine region

Some wine farmer's claims are fake that the red sludge caused damages to the Somlo wine region. The cientific studies prove that the disaster had no impact on the vineyards...

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More fertilizer was sold in the first three quarters of last year

Farmers in the first three quarters of last year, purchased 13 percent more nitrogen, phosphorus and potassium (NPK) fertilizers than in the same period of 2010 – informs the most...

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Euro area purchasing managers index exceeded the expectations

The purchasing manager  index increased to 48.8 points in December, after the 47.5 points of November, exceeding the analysts' expectations of 48.3 points – told the Markit research institute to...

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Magazine: More people bought wieners in supermarkets and discount stores this year

Despite the stable base of buyers, in the first seven months of 2011 wiener volume sales dropped 4 percent, due to fewer buying occasions – reveals GfK Hungária’s Consumer Scan....

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Hungary is safer now

The new disaster management system which was introduced on January 1 will make Hungary a safer country, Prime Minister Viktor Orban said on Monday, addressing a ceremonial staff meeting of...

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Consumer loans: the number of new loans sharply reduces

Only the weakening of the forint keeps the consumer loan portfolio of the households on level. The amount of new loans decreased by more than one-fifth in the year lasting...

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Fischer Béla: a new sugar factory is illusion but the capabilities of Kaposvár can be improved

It is an illusion that Hungary could have avoided the drastic rise in sugar prices in the spring if the twelve existing sugar factories at the time of the system...

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(HU) Idén enyhülhet a globális élelmiszerárak drágulása

Global food price inflation may relieve this year, due to the general slowdown in the global economy – told FAO the UN’s Food and Agriculture Organization. José Graziano da Silva,...

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Chains try to control food prices

Several chains saw the opportunity in the VAT rate increase and will not indorse the difference in prices resulting from the VAT rate increase – writes Népszabadság. According to article...

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AKI: The price of meat and meat products is expected to increase

Continuous price increase of meat and meat products is expected in the forthcoming months, despite the fact that the pig price increase could stop soon, because the recent period’s price...

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Croatia raises but also lowers the VAT

The government plans to increase the normal rate of VAT in Croatia from 23 to 25 percent. The tax on tourist services, will be decreased to 10 percent. At socially...

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The KÉSZ Group is building food factories in Ukraine

The KÉSZ Group starts the construction of three different food factories in Ukraine these days. The value of the investments exceeds 28 million euros – told Pintyőke Marcell, the marketing...

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Household savings on nadir

According to the survey of Raiffeisen Bank and GfK; only 16.4 percent of the population has savings. According to the joint survey of Raiffeisen Bank and GfK; only 16.4 percent...

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The campaign in the sugar factory in Kaposvár has ended

The campaign in the sugar factory of the Magyar Cukor (MC) Zrt. in Kaposvár has ended, in the country's only sugar factory123 thousand tons of sugar produced in 116 days....

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Perfume and toy adverts rule the TV spots

Ten percent more adverts occurred during the three weeks of advent, compared to the previous period of the year. Children could watch a daily15-20  television per day – shows the...

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Italy is considering the introduction of chips-tax

The Italian government, like other countries, wants to tax the foods containing too much sugar, salt and fat. According to the survey of the Sant'Anna College of Pisa; 10 percent...

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20 percent of the subscribers has smartphones

Already one in five Hungarian subscribers are using smartphones, the most consciously, the twenty-and thirty-year-olds, who are trying out the latest applications and technologies. The majority of users, uses some...

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The residents of the 1st district will receive food support on social cards

From the 1st of  January, the needy residents of the 1st district will receive food support on social instead of food vouchers. According to the local government; the regulation change...

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Applications for the FAO Scholarship Programme may be submitted until the end of February

The joint Scholarship Programme of the Hungarian Government and the United Nations' Food and Agriculture Organisation (FAO) is to continue. Within the framework of the cooperation, the Ministry of Rural...

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New disaster prevention system makes Hungary safer

The new disaster management system which was introduced on January 1 will make Hungary a safer country, Prime Minister Viktor Orban said on Monday, addressing a ceremonial staff meeting of...

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