Market News

EU-fond of 173 billion HUF to support rural business development

A 173 billion HUF EU-fund has been earmarked exclusively for business development within the compass of the new Széchenyi Plan in this year's round of applications. Those who are interested...

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Who spends and how much?

MarketingDaily made an attempt to find out what consumers are doing when they go shopping. Members of the Y generation (born in the 1982-1995 period) trust channels more than brands....

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Eurobarometer: Hungarians trust in the union, but less in the Hungarian economy

The trust in the European Union is very strong in Hungary, on an EU comparison, however, the faith in the Hungarian Economy is still characterized by extreme pessimism among the...

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Retail revival hopefully not only favors imports

According to industry participants and analysts; after four years of downturn retail may accelerate. The other question: is that good, if spendings will increase again. Only in the case of...

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Food prices continue to increase

Researches show that until 2020 the world demand for wheat will increase by 12 to 15 percent, demand for pork by 20 percent, 24-25 percent for poultry and sugar –...

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The value of world trade in December last year exceeded the pre-crisis level

The value of world trade, exceeded the pre-crisis level the first time in last December, while during the whole past year expanded by 15.1 percent – shows the datas of...

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The new advertising regulations are beneficial for the commercial channels

The Chief Executives of the RTL Klub, TV2 and Viasat called the new advertising regulations beneficial. They also welcomed the possibility of product placement, which, according to them can result...

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The Rural Development Minister do not afraid that the bread prices will reach 400 HUF

Hungary has enough grain, there is no reason for 400 HUF bread prices. State feed purchasing also not necessary – stated the Rural Development Minister said. According to MTI; Fazekas...

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The tea export of Kenya is falling

The world's leading tea exporter’s production decreased by 4.5 percent to 35.9 million kilogrammes, compared to the previous year, while exports dropped by 14 percent earlier this year. According to...

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GfK: The outlook of customer behavioural trends in 2011

At a press conference held in Nuremberg, GfK presented a review of private consumption in 2010 and an outlook for 2011. As forecast by GfK, private consumption rose last year...

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Use of Széchenyi-card extended to agriculture

The Hungarian government has made the decision to extend the use of Széchenyi Card credit to Hungary's agricultural sector, government spokeswoman Anna Nagy informed the press on Wednesday. Rural Development...

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Different views over the retail turnover

According to the National Trade Association, positive signs occurred in last year’s, retail indicators, but the analyst of CIB Bank stressed, that the figures were weaker than expected, and retails...

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Hamburger tax: consumer protectors worry about the passing of the burdens

According to the communication of the Central Hungarian Consumer Protection Association; such limits should be imposed on hamburger tax, that will prevent the costumers from the merchants, passing the burdens...

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Last year the retail sales decreased by 2.3 percent

The volume of retail sales in December 2010 – on the basis of the calendary effect adjusted datas – decreased by 1.7 percent, compared to the same period of the...

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Hungarian dairy industry may operate successfully

In the case of the long-term survival of the current funding system and in the case of feed price decrease, the domestic dairy sector may operate effectively in long-terms. The...

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The EU would support the conscious purchasing behavior with informative food labels

The agricultural ministers of the Member States agree that well positioned and readable informative labels should be placed on foods. According to the report of Bruxinfo; on the food packages,...

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Analysts were surprised by the industrial orders increase in the eurozone

In December 2010, the new industrial orders in the euro area increased by 2.1 percent, while in the European Union increased by 2.5 percent on a monthly basis – reported...

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Administration of food-vouchers is a breeze

There are plenty of debates when it comes to the voucher-based system of fringe benefits, saying that registering vouchers is way too complicated. However, a new survey by BellResearch found...

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Paris International Agricultural Show: 47 Hungarian producers and 327 products

Paris International Agricultural Show, happening between 19th and 27th February, is one of the most renowned professional agricultural fairs in Europe. It provides a platform to explore the agriculture's richness...

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Egg-deficit around the corner if laying hen-cage situation is not settled

A serious egg-deficit may turn up its head in the EU, in case no solution is found to provide all EU-member countries with proper sized cages for laying hens. Since...

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Coface: The Hungarian firms are less risky than the regional average

The ratio of the risky Central and Eastern European companies has deteriorated further, but in some countries there some positive trends can be experienced – shows the latest datas of...

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The Hungarian Product Grand Prix tender has been launched

The tender was announced in twenty-two topics for 2011. The Hungarian Product Grand Prix aims to spread quality-conscious approach, and to develop conscious  consumer behavior – told the contest is...

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Governments may use administrative tools to fight against rising food prices

The dramatic pace of the rising food prices could lead governments to use administrative tools to prevent from the riots that swept through the Middle Eastern and North African countries....

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More and more children consuming energy drinks

In Hungary the market turnover of the energy drinks was 14 billion HUF last year, 240 thousand hectoliters were sold from this product – states the National Association for Consumer...

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Over the past decade, backyard pig stocks decreased to one-third

In essence, under 10 years the Hungarian agricultural policy has destroyed two-thirds of the backyard pig stocks. This means, that one and a half million pigs had disappeared from the...

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Thirteen percent of the Hungarians interested in organic food

New rationality drives the consumer in the world, drenched with the idea of sustainability. As a result, conservation, sustainability, the concept of solidarity are increasingly appear in trade. The annual...

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Rising retail sales, consumer confidence reached its three-year peak in the United States

The U.S. consumer confidence index in February jumped to heights have not seen for 3 years, increasing to 70.4 points, from the 64.8 points of January. This is the highest...

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FruitVeb and the Ministry of Agriculture against the greengrocer maffia

The price increase of the vegetables was due to the poor harvests and in addition the trickery greengrocer maffia, but it seems that the gardeners and the government finally joined...

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GKI: business confidence is on top, consumer confidence decreases

The business expectations were similarly favorable ten years ago, in early 2001 as in February 2011. Consumers remain relatively optimistic, but their expectations decline for the fourth month. In the...

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The supermarket chains seek to comply with the consumer protection rules more than the SMEs

The National Consumer Protection Authority carried out its large-scale control between the 1st of March and the 15th of December 2010. The Regional Inspectorate of NFH also participated in the...

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