Market News

British Christmas, with two and a half billion pounds of unwanted gifts

Almost two and a half a billion pounds worth Christmas gifts were given to the British in 2011, that they do not need. According to a national survey, published by...

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Standardized date info on food products from Sunday

Food manufacturers from 1st January 2011 should indicate the date of durability in a day / month / year order on the products. Hungarian consumers have met with two type...

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A new bill about national values and hungaricums

A new bill is about to be discussed by the government, justified by the values ​​of national identity, organization and protection within the compass of a multi-complex system, rising vertically,...

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Giant discounts Hungary in the Hungarian stores even before the new year

An average, 20-30 percent, but sometimes up to 50-70 percent discounts are expected. Stores do not wait with the discounts until the new year, the actions have started in many...

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Emerging countries may overtake several major European economies

The United States remains the world's largest economy in the foreseeable future, but the largest emerging countries may overtake the European leading economic powers – predicted financial analyst in London...

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Chocolate may be a luxury item, due to the climate change

The price of chocolate rises, and even it may become a luxury item again, due to climate change – states the authors of a study. The authors analysed the future...

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Opten: the number of company liquidations over twenty thousand

The number of company liquidations crossed the twenty thousand border this year on the 23rd of December – Opten company information service told to MTI on Tuesday. According to the...

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The revision of consumer protection's main areas should be continued

Simon Gábor, the socialist president of the Consumer Protection Committee of the National Assembly considers the further revision of consumer protection's main areas. The politician told to MTI, that the...

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Avalanche of donations from the Food Bank

The Hungarian Food Bank Association supplied 25 percent more families living in extreme poverty and retired people in 2011, than during the previous years – told the association to MTI....

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German retail closed the Christmas season with increase

According to the preliminary datas of the Association of National Retailers; German retail sales increased by at least 1.5 percent in the Christmas season, compared to a year earlier. According...

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Abundant supply of fish for Christmas

This year's Christmas fish supply is abundant both in quality and quantity. One kilogram of  the carp depending on the sales places is around 550 to 900 forints – said...

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The Hungarian products regulation on EU consultation

The Hungarian products draft regulation regulation has been completed but it should be approved by the European Union as well, therefore the ministry has launched the notification process – told...

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NGM: export continue to grow dynamically

The foreign trade surplus in October 2011 was 148 billion HUF, 42 billion HUF more, compared to the same period of last year. In the first ten months it was...

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Producers sell the Christmas trees on their own

Beside stagnant prices street pine-retailers in Budapest working with at least double or even quadruple price margin. Many people sell their own trees, but everyone has significant costs. A Christmas...

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The government regulation on the new image marking of the tobacco products has been published

The government regulation  on the new picture marking of the tobacco products has been published in which the new text warnings and images can be found. The regulation enter into...

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Romanian honey export decreased by one-third

Romania exported 4,476 tons of honey, in the first eight months of this year, almost 31 percent less than a year ago – said the Romanian Ministry of Agriculture. Romania...

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World Record scone bread is under preparing

The world's largest scone bread is under preparation on Friday in Budapest. The delicacy will be given to the passers-by. The more than 4 meters dough is prepared by the...

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U.S. consumers are optimistic

According to the joint research of the University of Michigan and Thomson Reuters; U.S. consumer sentiment in December was better than expected, ereaching the highest level of the last six...

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Randstad Workmonitor “Employee Outlook 2012 shows a mixed picture”

The Workmonitor is a survey that covers 30 countries around the world, encompassing Europe, Asia Pacific and the Americas. The Randstad Workmonitor is published four times a year, making both...

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Retail sales increased in October

The retail stores in October carried out a 0.6 percent more turnover, than in the same period of last year – reported the Central Statistical Office (KSH) on Thursday. According...

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OKSZ: it is a good result that consumption has not dropped

It is a good result in the current economic situation, that commercial consumption has not dropped, which among other things is due to the fact that people spend their personal...

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The Foodapest and the UKBA together for the second time February

The HUNGEXPO organizes the FOODAPEST and UKBA exhibitions together between the 5th and 8th of  February 2012. The two exhibitions together contains the areas of  food, beverage, food processing and...

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Fish production continued to decline

Fish production fish catching continuously decline for three years in Hungary. Over the past three years fish production and the volume of fish catching decreased steadily in Hungary. Despite this...

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Workania: fewer workers will receive the 13th monthly wage this year

This year, about one-fifth fewer employees, 14 percent of the employees will receive 13th monthly allowance, an average of 239,300 forints, which is a 12 percent increase compared to previous...

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Hipercom: Christmas-time special offer leaflets

According to Hipercom Mnitoring database, there are 45 seasonal – Christmas – special offer leaflets available on the market at the moment. The first one to be published was by...

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Balaton Region: fishing tourism accelerates but the lack of rainfall affects ponds badly

This year 15 to 20 percent more fishing permits were sold at the Lake Balaton, compared to last year, the turnover of fishing ponds deoubled, but the lack of rainfall...

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European consumer confidence reduces for the sixth consecutive month

Consumer confidence in the euro zone and in the European Union weakened in December. According to the preliminary datas of the European Commission released on Wednesday; consumer confidence index of...

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Two and a halffold capacity at the Santa Claus Factory

The Santa Claus Factory will be open until 9 pm and collects donations at the Ötvenhatosok square in Budapest, as well as in some shopping centers across the country. According...

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NFH: A total of 60 million HUF fines

In total, about 60 million HUF fines were imposed by the National Consumer Protection Authority's (NFH) inspectors during their pre-Christmas consumer protection controls. Fülöp Zsuzsanna NFH spokesperson  told that the...

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New labor rules can adversely affect the work on Sunday

The possible interpretation of the new Labour Code can adversely affect several businesses operating on Sunday, especially in the malls. The shifted work schedule will be replaced by multi-shift work....

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