Market News
A positive surprise in U.S. retail sales
In the United States, retail sales increased greater in October, than it was expected, which provides further evidence of the economic improvement. The total retail sales increased by 1.2 percent,...
Read moreRussian wheat barely cover the domestic needs
On the 1st of October, Russian grain stocks were on 41.6 million tonnes. It is 20.8 percent less than a year earlier. According to the communication of the Russian Grain...
Read moreIpsos: what makes an advertisement successful?
A new research project based on the global database of Ipsos ASI suggests that 75 percent of the success of an advertisement campaign depends on the creative content, whereas only...
Read moreThe secret of butter: traditions and versatility
One of the most interesting domestic FMCG retail trends has been that the butter category managed to increase sales, while cheaper butter, cheese and curd creams lost from their market...
Read moreThe price of agri-products increased with a quarter in one year
The agricultural producer prices were 24.7 percent higher in September, than a year earlier. The price level of plant products increased by 40.4, live animals and animal products by 4.3...
Read moreThe Hangya found allies
The Hangya Cooperatives signed a cooperation agreement with the National Credit Union (OTSZ), with the Agricultural Credit Guarantee Foundation (AVHGA) with the Romanian Association of Hungarian Farmers (RMGE) on Friday...
Read moreWarehouses are bleeding from a thousand wounds
Little wheat grown this year, and the foreign buyers bought up the crop. The domestic mills are suffering, while several problems occurred in public storage. According to the flash report...
Read moreEuro zone’s economy Increased, but industrial production decreased
Instead of the expected growth, the industrial production of the euro zone decreased in September – reports Eurostat, the statistics office of the European Union. The decline is the biggest...
Read moreThe mood of CEOs improves worldwide
Chief Executives are getting more optimistic over the prospects of their companies and countries, compared to Ernst & Young’s survey year ago. Howewer, about the world economic situation, they remained...
Read moreThe increase of pension contributions reduces consumption
The Budget Council (KT) estimates, that the half percentage point increase of the pension contributions reduces the growth of household consumption by 0.1 percentage point. This can cause an approx....
Read moreHealthy nutrition would cost a lot for the Brazilian economy
The removal of harmful eating habits in Britain about 70 thousand people may be saved annually, from heart diseases and premature death caused by cancer caused by malnutrition. The health...
Read moreWith innovations in flavour and packaging size against private labels on the cereal market
With a two-digit decline in turnover, the cereal category was one of the losers in retail’s recession. Cereals are not considered base products, they are viewed as convenience products which...
Read moreFood processing was profitable last year
The volume of agricultural production had sharp fluctuations in the recent years. The 11 percent decline of 2007 was followed by a 28 percent decline in 2008, then in 2009...
Read moreHungarian economy increased over the expectations in the third quarter
According to the August flash report of the Central Statistical Office (KSH); the gross domestic product stagnated in second quarter of 2010, compared to the previous quarter. The domestic economy...
Read moreA strong challenger to Vatera
According to the leaders of the Vatera online trading site; the business goes well, they managed to reach an over 40 percent turnover growth. The Vatera online trading site is...
Read moreHungarian EU presideny to introduce Hungarian wine-regions
Hungary is due to take over the presidency of the European Union on 1st January 2011 for the six-month period that follows. More than 250 meetings and discussions will be...
Read moreSzékely stuffed cabbage to conquer Europe
Stuffed cabbage manufacturing plant was established in Gyergyószentmiklós. The production is expected to be started in late November, early December. Bajkó László entrepreneur told to Krónika newspaper, that the Székely...
Read moreAmerican consumers are confident
According to the November survey of the University of Michigan; U.S. consumers are more optimistic than a month earlier. The Institute's consumer sentiment index value increased to rose 69.3 points...
Read moreGerman growth lost momentum
The German gross domestic product (GDP) grew by 0.7 percent in this year's third quarter, compared to the previous three months – reports the country's statistical office as a preliminary...
Read moreThe retail sales of Christmas candies retail exceeded 2 billion last year
The sales of St. Nicholas Day and Christmas candies in outles surpassed the amount of 2 billion HUF last year. This result is 11 percent less than that of the...
Read moreHalf or third of the special taxes may remain
After the expiry of the crisis taxes, the Prime Minister would rethink the role of the large companies in the distribution of public burdens. The government would take the half,...
Read moreThe October inflation was due to food prices
The October inflation was due to food prices – said Keszeg Ádám (Raiffeisen), but the monthly increase of the price index will not change the medium-term forecasts. Based on their...
Read moreLower amount of wine in the cellars, compared to last year
This year it is expected that 800 thousand hectolitres less wine may transported to the wine cellars after the harvest, than in the last year – said Horváth Csaba, the...
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Shortage of meat in Ukraine
Ukraine did not succeed with its protectionist policy, shortage of meat occured in the market – announced the Ukrainian Minister of Agriculture. The country now need more imports than when...
Read moreThe Széchenyi Plan can help the SME sector
The lending conditions will be tightened in Hungary from the next year, because of the bank tax. However, SMEs will rely on the Széchenyi Plan – states the latest analysis...
Read moreOKSZ: the government does not expect significant improvement in the economy
According to Vámos György, the Secretary General of the National Trade Association; the fact that the government counts on additional taxation even in 2014 indicates, that the cabinet re-evaluated the...
Read moreForint loans are pushing forward
The number of problematic loan contracts is soaring by 30,000-40,000 every month, while the falling exchange rate of the forint put enterprises and households with a foreign exchange loan in...
Read moreHungarian FMCG-market still stagnating
In Hungary, the market of FMCG-products is still not blooming: we do not yet spend more on fast moving consumer goods than we did last year, whereas on the other...
Read moreDemján needs Hungarian-owned hypermarkets
Hungarian-owned hypermarkets should be established, because the competition situation motives this – said Demján Sándor, the Executive Chairman of the National Association of Entrepreneurs (VOSZ) at the 15th Anniversary celebration...
Read moreThe European Union renews its trade
The European Commissions determinates six priorities for EU trade policy. Several recommendations have also Hungarian interests. The proposed strategy has three aims: stronger economic growth, more jobs and to increase...
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