Market News

Why sugar is getting more expensive?

What could be the reason, that sugar has became a scarce in Hungary and in Europe? How is it possible that Hungary, which had seven sugar factories a few years...

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The legislation to ensure the safety of consumers has started

The legislation over the conditions of food catering products and the Regulation over conditions of the collectable fungis in the nature. Also the Hungaricum Law amendment will also be refined....

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Europe will run out of sugar until autumn

The European Union allowed the extra import of half a million tonnes of sugar from the developing countries, above the usual quota. In addition duty-free import quotas were determined for...

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The lack of resources is the biggest problem of the pig breeders

In these difficult months, the lack of resources hardens the situation of the pig breeders. Because of the lack of funds, the animal breeders cannot buy feeds on high prices...

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Euro zone: growing economy and buoyant retail

According to Eurostat; the GDP of the Euro-zone grew by 0.3 percent, while in the area of the 27 Member States increased by 0.2  percent in the fourth quarter of...

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The number of liquidations increased in February

Although in the past two months, the companies showed a more favorable image than before, Opten company information service provider published the sobering datas of the processes of February. The...

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2010 proved to be an outstanding year for 2010

Gfk Group has seen an incredible profit throughout the fiscal year 2010. According to fresh data, sales has seen a 11.1 percent increase, reaching a number of 1,294 euros, whereas...

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Third of our time spent online is associated with portable devices

Those who use internet on a weekly basis, usually spend 3 hours and nine minutes online. Thirty percent of this time is linked to portable devices. Using these devices is...

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Weather, riots and biofuels: further food price increase may come?

In the latter period, the rise in food prices seems to be unstoppable. According to the communication of OTP Fund Management – which was published by the portfolio.hu – this...

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Hungarian-Ukrainian trade balance is over two billion dollars again

The amount of the Hungarian-Ukrainian trade balance is over two billion dollars again – said Yuri Mushka, Ukraine’s Extraordinary and Plenipotentiary Ambassador in Nyíregyháza on Wednesday. According to the Ukrainian...

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The list of best companies for entry level jobs

Figyelő, Aon Hewitt and AIESEC Hungary has put together a list of the best companies youngsters can work at as the first path of entry level jobs. The survey focuses...

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Ambitious plans, with omly a few concrete yet

The analysts, polled by mfor.hu. described the package of the government positive. The planned 900 billion stabilization until 2013 sounds good, however, they see risk in its implementation. The market...

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Online trade may expand by an average of 10 percent in the following years

According to the prediction of the Forrester research company; the Internet sales will continue to grow strongly in the developed countries. Forrester Research expects double-digit expansion of the online trade...

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“Sugar tourists” in Slovakia

Sugar is cheaper in Slovakia with 30-70 HUF per kilo, therefore, growing number of the residents of the Hungarian-Slovak border are going to buy granulated sugar in Slovakian stores –...

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Six-tenth of the net users dissatisfied with the online adverts

More than six-tenth of the Hungarian Internet users think that they receiving too many uninteresting promotions from the companies, that they have connections with. According to the opinion of the...

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Bread prices increases by 10 percent

From today, bread prices will be increased by about 10 percent – confirmed several companies to agromonitor.hu. This is the third major increasing wave since last year’s wheat harvests, so...

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Euro zone’s manufacturing industry accelerated

The performance of the euro area’ manufacturing industry increased by nearly to its ten-year peak in February. According to the datas of the purchasing manager index (PMI) of Markit; the...

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U.S. personal spendings below expectations

The U.S. personal spendings increased in a smaller extent during January, than it was expected, while the households rebuilt their savings. Expenditures increased by 0.2 percent, after the 0.5 percent...

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The Agrarian-Chamber’s New Law is Ready for Presentation

Mr. Sándor Fazekas Minister of Rural Development had a meeting with Mr. István Jakab. The meeting took place in order to inform the President of MAGOSZ (National Association of Hungarian...

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Belgians had to face serious questions

In one of Europe’s richest countries food retail is much more concentrated than in Hungary. Ten and a half million people live in Belgium and Nielsen counted 7,800 food stores...

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GKI: thoughts on the changes

GKI’s survey shows that more companies are planning to raise prices. Although the government is trying to use administrative measures to prevent this, the crisis taxes and the planned “hamburger...

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IDEA: a hamburger tax would not only hit the food industry, but also the poor

According to IDEA, the  Institute for the Democratic Alternative;  the health aspects of the hamburger tax are unsuitable to reach public health issues. The idea of hamburger tax may soon...

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Social shop network needs to be reorganized

The Social shop network of MAGOSZ struggles with the lack of customers, that wanted to give a better position for the domestic food producers., and offer cheaper products to the...

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The food samples travel abroad

Sending abroad cost 150-200 thousand HUF for a piece of sample for the Hungarian food safety authorities. The specialized accreditation of national laboratories, has expired since the end of November,...

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Great Britain may quit from funding the FAO

If the starving millions of India will go rebellious, the Arab revolutions will only seem as a prelude. This is London’s opinion of the current food crisis situation, and also...

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Sugar does not want to stay out of price increases

Sugar may become more expensive with even a one-third, compared to its October, November price. While in the middle of the sugar beet processing campaign, its price was about 200...

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Slovakia would push down prices with free flour and pasta

The needy will be given free free flour and pasta in Slovakia. The government’s plans were strongly criticized by the opposition immediately. The Slovak government would open up the country's...

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Weak Forint helped the sheep market too

The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and meat products. Their last report reveals that the price of small-weight sheep, thanks to an...

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Battling obesity in America

In its “Where America Stands” series, CBS News is looking at a broad spectrum of issues facing this country in the new decade. The evidence of an epidemic is everywhere....

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GKI expects Hungary's economy to grow 1 percentage point faster than the EU average

Economic research institute GKI expects Hungary's economy to grow 1 percentage point faster than the EU average in 2011, although Hungary will only overtake Slovenia and Romania within the CEE...

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