Market News

The Consumer Protection Authority puts a greater emphasis on product presentations

A lot of abuses occur at product presentations, so the Consumer Protection Authority is monitoring the firms, dealing with these kind of events more actively. The official investigations have shown...

Read more

The straw-burning power plant will not, but a factory will be built near Tokaj

The straw-burning power plant will not be built – announced the new major of the city in MR1 Kossuth Radio. But surely to create new jobs a new plant will...

Read more

Trade betwwen EU and China accelerates

The trade of the European Union and China expanded in this year's first half: the exports of the 27 member countries to China increased to 53 billion euros, between January-June...

Read more

The development of the mineral water sector is a priority

The new Széchenyi Plan mentions the development of the mineral sector, as a priority. The natural mineral water is a Hungarikum, known for centuries. Its protection should be considered as...

Read more

The domestic firms are more credible than their foreign competitors

It is becoming less and less trust in the companies, The competition factor role of credibility increased. The results of B & P Braun & Partners Reputation this year's survey...

Read more

Hungary is the leader of worldwide spread pessimism

According to the research of the International Labour Organisation (ILO); The satisfaction with life in the region, decreased the most in Hungary and in Bulgaria. Beside Bulgaria satisfaction with life...

Read more

Unexpected downturn in the retail trade of the euro zone

Instead of the expected growth, the retail sales of the euro zone decreased in August, compared to the previous month. According to Eurostat; a 0.4 percent decrease occurred in the...

Read more

Report from the 12th International Day of Egg

Within poultry, egg production became the loser of the accession, the Hungarian egg production decreased by 20 percent. In the first eight months of 2009, 615 thousand less pullets breeded,...

Read more

Food prices on two years peak

According to the estimations of the UN Food and Agriculture Organization (FAO); Food prices rose to their more than two years of peak in September, mainly due to the increase...

Read more

The advantages of the whole grinded grain

Few people know that the supporters of a balanced diet may be the biscuits and muesli bars, which are easy to purchase and consume. "In fact, the whole grinded grain...

Read more

Internet Alliance for discounted prices

Recently, a new form of shopping has began to spread on the Internet. The basic idea is to bring together as many people who want to buy the same product...

Read more

German retail sales decreased further

Contrary to the expectations in August a decline occured in German retail sales, following the decrease of July. Even the most pessimistic expectations were about only stagnation. In contrast, the...

Read more

The recovery of retail trade may take two to three years

The Hungarian merchant’s turnover declines steadily since 40 months. Finally in July this year a 1.7 percent increase in sales occurred, compared to July 2009. The decrease, however, continues, only...

Read more

Pharmacies have nearly 7 billion annual revenues from the chemicals category

According to the Retail Index of Nielsen market research company; in the supply of the pharmacies, chemicals categories are playing an increasing role, reaching nearly 7 billion HUF revenues, between...

Read more

Population growth and urbanization increase the demand for milk

The global demographic changes also bring new challenges to the dairy industry. The annual milk consumption of the world’s population increases by about 2.4 percent, while its volume is rising...

Read more

The population of the developing countries enriched in crisis

Nearly 600 million people worldwide belong to the middle class. According to Allianz; the crisis decimated especially the giga wealth of Wall Street. The savings between the residents of the...

Read more

The number of credit cards increases in business, but reduces among the population

Despite the economic crisis, the number of business credit cards increases, while the number of household credit cards decreases. In the first half of 2010, the number of corporate cards...

Read more

Duck instead of goose

In recent years, the duck sector accelerated, gaining mainly the market of geese producers – found out at the professional conference organized on the occasion of the Duck Day on...

Read more

There will be no trade war between two of the world's largest economies

“There will be no trade war between China and the United States” – said Timothy Geithner American Finance Minister, after the U.S. voted to use the protective tariffs against China,...

Read more

Ernst & Young forecasts further troubles for Hungary

Unemployment is still about to reach its peak next year in Europe, therefore problems of the euro-zone will definitely have a bad effect on Hungary – Ernst & Young published...

Read more

The market of cosmetics and household product has stabilized this year

The market of cosmetics and household chemical products has stabilized. Their retail trade turnover in January-August this year, has not changed, compared to the first eight months of last year,...

Read more

KSH: Hungary's growth of export slowed down in July

According to freshly published data by Central Statistics Officer(KSH), hungary had a €241 million trade surplus in July 2010, well down from a €564 million surplus in June and a...

Read more

The counterfeit goods caused 900 billion USD damage this year

The “counterfeiting industry” is dynamically growing in the world: the damage done is 900 billion USD this year, compared with the 250 billion USD of 2007 – said Simándi Andrea,...

Read more

Expensive grapes might lead to the popularity of cheap low-quality wines on the market

One kilogram of grapes costs 70-90 HUF this year, whereas previously this number was never more than 40 HUF. This deplorable situation might lead to the spread of low-quality import...

Read more

The casino-business is not an attraction to investors

French hotel group Accor said on Wednesday it was withdrawing its offer to sell its 49 percent in Lucien Barriere after the initial public offering did not attract enough interest...

Read more

GKI: next year the Hungarian economy will increase by only 2.5 percent

The conditions of economic growth are worse than previously assumed, therefore, the GKI Economic Research Co. decreased next year’s growth forecast, from 3 percent to 2.5 percent. This year’s forecast...

Read more

The Ministry of National Resources would increase the excise tax of alcohol and cigarette

The State Secretary of the Ministry of National Resources, responsible for health issues, would create additional sources for health care from the excise tax of alcohol and tobacco. After the...

Read more

The business sector is confident in the euro area

The business sentiment has improved in the euro area in September – said the European Commission on Wednesday. In regular monthly assessment, the Brussels-based body points out, that the overall...

Read more

The best known winemaker of the Great Plains cuts out his grapes

One of the best known winemaker of Csongrád County cut out his grapes. Somodi Sándor of Ásotthalom told to Délmagyarország, that viticulture is not worth, but he still continue to...

Read more

The Hungarian leader of the European food committee denies the allegations

Bánáti Diána, the Director-General of the Central Food Research Institute (KÉKI) denied to MTI on Wednesday that she lobbied for genetically modified (GM) plants. Bánáti Diána, rejects the allegations which...

Read more
Oldal