Market News
KSH: the growth rate of agricultural prices will moderate
Date: 2011-10-10 12:55:17
The agricultural producer price level in August 2011, was 12.4 percent higher than a year ago. The price of plant products and live animals and animal product prices increased by...
Read more
FAO: we can expect big fluctuations in food prices
Date: 2011-10-10 12:40:31
According to the forecast of the UN Food and Agriculture Organization (FAO); even larger fluctuations are expected in food prices in the forthcoming years. The typically high prices remain and...
Read more
The Mobil Tárca Association has been formed
Date: 2011-10-10 12:38:19
The Magyar Telekom, the Telenor, the Vodafone, the MasterCard, the OTP Bank and the SuperShop have formed the Mobil Tárca Association. Their aim to introduce the mobile NFC (near field...
Read more
The Trade Union of Meat Industry Workers warns for field loss meat of meat factories
Date: 2011-10-10 12:25:41
The further field loss of the meat plants with larger production capacity may result in significant job losses, and can affect the consumers badly – states the Trade Union of...
Read more
Magazine: to what extent promotions influence where we go shopping?
Date: 2011-10-10 12:00:01
There is a constant and robust growth in the advertising activity of fresh meat and fruit-vegetable products in the leaflets of nationwide retail chains. While in 2009 6,667 ads appeared,...
Read more
Sturgeons reaching Black sea
Date: 2011-10-10 11:17:44
“The species most in demand are also the ones that fetch the highest prices on the market. A kilo of farmed sturgeon costs €12-13, for example, and turbot roughly €9...
Read more
MagyarBrands: TOP 2011 – full of surprises
Date: 2011-10-07 15:41:47
This is the second time this year that the list of leading Hungarian brands is being published by MagyarBrands. While the elite consisting of the classic brands is relatively stable...
Read more
The range of chips-tax affected products may expand
Date: 2011-10-07 14:00:58
The government would extend the range of public health product fee on flavored beers, coffee and alcoholic beverages – shows the draft possessed by hvg.hu. In addition, the current tax...
Read more
The climate change can redraw the world's “wine map”
Date: 2011-10-07 12:49:38
Over the next three decades, wine production may be reduced into its half in Napa Valley, which is one of the largest wine region of the United States. According to...
Read more
Magazine: Demand is shifting towards wet pet food
Date: 2011-10-07 12:16:02
In the past 12 months the pet food market contracted, albeit in the last six month the negative value sales trend slowed down – informs Adrienn Földi, MARS Hungary Kft.’s...
Read more
Bokros Lajos stood beside for the privatization of the Hungarian sugar factories
Date: 2011-10-07 12:15:38
Bokros Lajos, Board member of the the former State Property Agency former Finance Minister stood in for the privatization of the Hungarian sugar factories on Friday in Budapest, in front...
Read more
Finance officers seized nearly one thousand liters of alcohol products
Date: 2011-10-07 12:08:22
Nearly one thousand liters of alcohol products were seized by finance officers at two properties of one owner in Mélykút, Bács-Kiskun County – told the Customs and Finance Directorate to...
Read more
Micro- small and medium-sized confidence index scored low
Date: 2011-10-06 18:10:25
Confidence index based on the survey of K&H pointed out that Hungarian micro, small and medium-sized business leaders are more pessimistic than ever: the confidence index stopped decreasing in the...
Read more
Analysts expected better industrial production results
Date: 2011-10-06 13:10:21
On the basis of the preliminary datas; the volume of industrial production increased by 4.4 percent in August 2011, compared to the same period of last year, while working-adjusted decreased...
Read more
Foreign currency loans can absorb the Christmas shopping mood
Date: 2011-10-06 13:00:01
This year can also bring a minus turnover, if the government cannot ease the burden of those who have foreign currency loans – believe the traders. There is a high...
Read more
The increase in transport costs, does not increase bread prices
Date: 2011-10-06 12:21:33
At vehicles less than 7.5 tonnes, the gasoline excise tax increase, increases the total transport costs by 2 percent. This may mean a 0.02 percent increase in retail prices –...
Read more
Agriculture committee calls for EU-wide action to save bees
Date: 2011-10-06 11:59:48
Rising bee mortality could devastate EU food production and environmental stability, Agriculture Committee MEPs warned on Thursday. An estimated 84% of plant species and 76% of food production in Europe...
Read more
Accidents involving dangerous substances: more inspections, better information
Date: 2011-10-06 11:02:11
The EU has had legislation in place to prevent and control major accidents in the chemical industry since 1976, following an accident at a pesticides and herbicides plant in Seveso,...
Read more
Kopint-Tárki: Hungary's GDP may rise between 0 to 1 percent next year
Date: 2011-10-05 13:20:37
Kopint-Tárki Economic Research Institute Inc. changed its 2012 growth forecast: after the 1.5 percent GDP growth this year, the previously forecasted 3.0 percent growth is expected to be be only...
Read more
Ipsos: McDonald's and Coca-Cola are the best-known brands among young adults
Date: 2011-10-05 13:11:41
In the national survey , called “Young Adults” (F & F) Ipsos surveyed 585 youngsters between age 15-25 years. The research themes were the fast-food restaurants, the awareness of soft...
Read more
Policy Agenda-Ipsos: the expectations of the SMEs worsened
Date: 2011-10-05 13:10:07
According to the survey of Policy Agenda-Ipsos survey, the expectations of the small and medium enterprises (SME) are on their lowest point. Company managers expect tougher crisis than in 2008....
Read more
Euro zone retail sales fell in August
Date: 2011-10-05 12:41:51
The retail sales volume fell by 0.3 percent in the euro area in August, compared to the previous month, and is 1 percent below, compared to the same period of...
Read more
Counterfeited food products in Hungary
Date: 2011-10-05 12:25:03
Honey, cream, milk – these products are considered to be the most counterfeited foodstuffs in Hungary. In general, we can find these products in the commodity markets, however the detection...
Read more
The Mountain Centre may be open in autumn 2012
Date: 2011-10-05 12:20:40
The construction of Budapest's first environment conscious business center goes according to the plans. It can open its doors to the public in autumn 2012 in the 12th District of...
Read more
Hungarian companies are willing to hire more people
Date: 2011-10-05 12:13:08
According to a new survey by Regus, most HUngarian companies are willing to hire more people, although their prospects for economic growth is no longer considered to be as positive...
Read more
Hungarian mushroom production may be greatly increased
Date: 2011-10-05 11:34:31
Current Hungarian mushroom production can be increased significantly, in a favorable case it can even be doubled if technological devices used are being more up-to-date, and the traditionally used technologies...
Read more
New tax by the Parliament
Date: 2011-10-04 15:55:52
Parliament has approved a sharp rise of taxes on gambling machines as of 1st NOVEMBER, and the introduction of a tax on online gambling as of January 1, 2012. The...
Read more
Egg Association: feed prices are high, consumption decreases
Date: 2011-10-04 14:40:58
The rise in feed prices, the fall in consumption, overproduction, dumped imports are making the situation of egg production and egg market more difficult – said Thury Attila, Vice-Chairman of...
Read more
NAV: zero-tolerance against VAT fraud
Date: 2011-10-04 14:15:46
The number of fiscal controls have increased at the big supermarket chains, but experts say most of the VAT disappears at small retailers. The number of official investigations significantly increased...
Read more
Several professional organizations protest against the mall stop
Date: 2011-10-04 14:00:59
The Real Estate Developers Roundtable Association (IFK), the Hungarian Association of Shopping Centres (HBA) and the Federation of Employers and Industrialists (MGYOSZ) protest against the planned mall stop, because the...
Read more
