Market News
Nielsen’s consumer confidence index on three-year high
Date: 2014-03-04 00:29:33
Nielsen’s consumer confidence index in Hungary reached the highest position of the last three years. In Q4 2013 the index grew another six points from Q3 and was at 51...
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Those living in the country are far less satisfied with tobacco shops
Date: 2014-03-04 00:16:04
According to a telephone survey conducted by Budapest Business School, 60 percent of Budapest smokers are satisfied with the number and location of tobacco stores, but 55 percent of those...
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Slightly higher industrial production prices at the end of 2013
Date: 2014-03-04 00:09:57
In December 2013 domestic industrial production prices rose by 0.5 percent from the level of the previous month. Prices in 2013 were 0.7 percent higher than in 2012. In December...
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Tobacco industry retail: the plan went up in smoke?
Date: 2014-03-04 00:05:32
The tobacco product market is shrinking at shocking speed, the black marekt is expanding and state revenue from excise duty and VAT was 10 percent below the 2012 level....
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Retail confidence index reaches record height
Date: 2014-03-04 00:02:26
The GKI-Erste economic sentiment index kept growing dynamically in January, continuing the more than one year old trend. Consumer expectations kept elevating and reached the highest level of the last...
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The Facebook Community of the Online Cash Register Bounded requested to extend the deadline to everyone
Date: 2014-03-03 12:40:33
The Facebook Community of the Online Cash Register Bounded requested to extend the deadline to every entrepreneurs who ordered the cash registers in time. The community wrote an open letter...
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Pálinka consumption is safe: only a few irregularities
Date: 2014-03-03 12:25:49
Objections incurred in connection with the pálinkas in only 7 percent of the products at the laboratory of the National Food Chain Safety Office (NÉBIH). Therefore this hungaricum is safe...
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The manufacturers have paid more than 44 billion HUF of Neta until now
Date: 2014-03-03 12:10:58
The manufacturers have paid more than 44 billion HUF of public health product tax (Neta) since its introduction – Világgazdaság Online wrote. According to the datas of the Customs and...
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MLBKT: BMI is over a three year average
Date: 2014-03-03 11:58:58
In February, the seasonally adjusted Purchasing Managers' Index was 54.3 points, higher than the February 53.4 points average of the past three years, but 3.5 percentage points lower than exceptionally...
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Legal proceedings started in the Czech methyl alcohol poisoning case
Date: 2014-03-03 10:35:14
The accusees of the Czech methyl alcohol poisoning case, can expect even a life-long imprisonment. The lawsuits began on Monday in Zlín, Moravia. In the much anticipated lawsuit, a total...
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GKI: Appearance and reality
Date: 2014-03-03 09:11:06
In spite of the optimism prevalent among Hungarian economic actors not seen for a decade, the improvement in the economy is only temporary. Although economic policy influenced by the elections...
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Agricultural production prices dropped 13.2 percent in December
Date: 2014-03-03 00:26:28
In December 2013 agricultural production prices dropped 13.2 percent from the level of December 2012. The price of vegetable products became 20.1 percent lower, but the price of livestock/products of...
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December’s retail volume sales were up 1.8 percent
Date: 2014-03-03 00:12:57
In December 2013 retail volume sales are estimated to have expanded by 1.8 percent from the level of December 2012. In grocery and grocery-type retail volume sales were up 0.4...
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Hungarian yoghurt loses market
Date: 2014-03-02 23:58:51
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that last year the average live weight production price of broiler chicken was HUF...
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Newspaper vendors lost one third of their revenues, due to the system of tobacco stores
Date: 2014-02-28 12:40:42
According to the datas of the Central Statistical Office (KSH), retail spendings have increased, but recovery still cannot be felt. Newspaper vendors lost one third of their revenues, due to...
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Grace period for those who are using billing programs
Date: 2014-02-28 12:04:31
Those entrepreneurs who opted to use billing programs and acted pursuant to their billing obligations, will be given a grace period – Pankucsi Zoltán, Deputy Minister of State of the...
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VM: more than half a million children can regularly eat fruit in schools
Date: 2014-02-28 12:00:45
In the scope of the School Fruit Scheme, 538 thousand children receive at least two kinds of fruits at least two times a week – the Ministry of Rural Development...
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Slovaks purchase more in Hungary, due to the weak forint
Date: 2014-02-28 12:00:31
Shopping tourism is booming again in the settlements near the Slovakian border. Experience has shown that Slovaks are purchasing even the most basic food products in Győr and in Komárom....
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The European Court of Justice will decide soon about free pálinka distilling
Date: 2014-02-28 11:59:25
The European Court of Justice may decide even in March or April about free pálinka distilling. While the European Court of Justice examines the domestic regulations, the finance officers are...
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Cigarette smoking has decreased in France, thanks to the spread of electronic cigarettes
Date: 2014-02-28 10:50:37
Cigarette smoking has decreased in France, thanks to the spread of electronic cigarettes and also less was sold of cessation medicinal products in 2013 – the Observatory Institute of Drugs...
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Magazin: Changes in the financial sector
Date: 2014-02-28 10:28:13
Data from Céginfo.hu (www.ceginfo.hu) reveals that Hungarian companies opened almost 660,000 bank accounts in the last five years. More than 93 percent of these are with the twelve biggest banks...
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The Foundation of the Hungarian – Romanian Chamber of Commerce and Industry in Budapest
Date: 2014-02-28 09:07:29
On 26 February 2014, took place the first meeting of the Board of Directors and Founding Members of the Hungarian-Romanian Chamber of Commerce and Industry (RoCham). The meeting followed the...
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Increasing retail revenues from food, household chemicals and cosmetics
Date: 2014-02-27 12:59:41
The revenue of food retail in Hungary rose by 0.4 percent in the food household chemicals and cosmetics categories in the fourth quarter, compared to the comparable period of 2012....
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News flash: The new support deadline for the cash register victims is 30 April
Date: 2014-02-27 12:55:24
The government extended the support deadline for those entrepreneurs, who were not able to acquire a cash register, due to frauds or due to withdrawn cash register types. The extension...
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A significant increase in the support of the grape and wine industry
Date: 2014-02-27 12:03:53
The support of the grape and wine industry increases significantly. While in 2012/2013 it was 6.5 billion HUF, in the next five years it will amount to 29 million euros,...
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Privacy Policy Commando at the e-commerce companies
Date: 2014-02-27 12:02:41
The Direct and Interactive Marketing Association (DIMSZ) held a Privacy Policy Commando in the scope of the Dear Customer Programme. The targets of the raid were those web interfaces that...
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Russia can withdraw the import ban on Hungarian pork in mid-March
Date: 2014-02-27 12:00:07
Russia is expected to withdraw the import ban on Hungarian live pigs, pork and pork products in mid-March – Kardeván Endre told MTI on Wednesday. The Minister of State of...
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Vámos György would extend the deadline
Date: 2014-02-27 11:59:30
The deadline for the 50 thousand HUF support of cash registers expires tomorrow. Tens of thousands of retailers can suffer, since only about 50 thousand pieces of online cash machines...
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The two-third of the service centers is planning an expansion
Date: 2014-02-27 11:25:15
The two-third of the service centers operating in Hungary is planning an expansion. Most of the companies believe that the skilled workforce is the country's greatest strength – EY’s National...
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Positive lifestyle changes reduce diabetes risk
Date: 2014-02-27 09:44:21
Multiple lifestyle factors such as obesity and alcohol consumption increase a person’s risk of diabetes. But new research suggests that a person’s odds of developing the disease may decrease for...
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