Market News

Private pension fund real-returns are in banks

A survey carried out on behalf of Budapest Bank and Budapest Alapkezelő found that Hungarian do spend their the real return of their private pension funds, but prefer to place...

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Compensation to Pécs-companies

The municipiality of Pécs is willing to pay compensation fee of 45 million HUF to 38 Pécs-based companies which needed to be closed temporarily due to investments of European Capital...

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Magazine: Consumers spread less margarine on their slice of bread

– Base material prices have grown like never before and as a result product prices augmented, so a difficult year awaits distributors – says Ágota Puskás, category operations assistant manager...

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HP cutting off PC department may affect upstream supply chain

As Hewlett-Packard (HP) decided to perhaps spin off its PC business, which contributes revenues of about US$40 billion, it is becoming more obvious that HP intends to turn its focus...

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Bakers do not plan price increases until the end of September

Bakers are waiting for the stabilizing of flour prices, but then the bread may become more expensive if production costs rise. Kurdi András, the President of the Hungarian Bakers' Associatuin...

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Domestic winemakers urging the strict quality control of imported wines

Domestic winemakers and the association of farmers ask for the intervention of the Ministry of Agriculture to repel the dubious origin import wines in order to defend the domestic grape...

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Morgan Stanley: the momentum of the global economy decreasing, business and consumer confidence declining

Morgan Stanley modified the expected global growth rate for this year from 4.2 percent to 3.9 percent. The correction was made with reference to the not appropriate policy reactions for...

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Without subsidies, the breeding of native species is impossible

Despite the expansion of mangalica and gray cattle products in trade, only the support can help the breeders of the local native animals to escape even without losses. Without the...

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Magazine: An increase in prices and more promotions characterised the wet condiment market

What is new on the wet condiment market? Well, premium brands managed to evade a significant decline in sales and private labels were getting stronger – only the medium category...

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National product basket for quality and award-winning products

The National Consumer Protection Authority (NFH) is scheduled to start its National product basket initiative in October – said Pintér István, director of the organization, at a press conference in...

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Association of Hungarian Bakers: 73 kilograms of bread consumed each year

Annually 73 kilograms of bread is consumed per capita – shows the datas of the Association of Hungarian Bakers. Two-thirds the sales volume is still white and half brown bread....

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Domestic beer industry declining since 2007

The crisis continued in the beer industry in 2010 – shows the datas of the  Hungarian Brewers Association. According to the document, the sales of the largest beer factories decreased...

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Worsening sentiment in the global economy

According to the WES survey (World Economic Survey of the Munich-based ifo Economic Research and the Paris-based ICC International Chamber of Commerce; The global business climate index deteriorated in the...

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Green light for fattened goose and duck products at the Anuga in Cologne

The event organizer, the Kölnmesse GmbH allows the presence of fattened goose and duck products at the Anuga exhibition in Cologne. The company previously – under pressure from extremist animal...

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Grape growers can get a good price

It seems that this year's harvest start with good prices. At the small region of Kiskőrös, 120 forints are paid for fragrant grapes. “Earlier this week, the purchasers came out...

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Hungarian Agricultural Research: Special Edition Published

The latest issue of Hungarian Agricultural Research introduces Hungarian research institutes concerned with agricultural research and environmental studies. The special edition of the English language professional journal founded by the...

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British retailers barely saw any increase regarding volume

Britain's Gross Domestic Product (GDP) increased by 0.2 per cent in the second quarter of 2011, following an increase of 0.5 per cent in the first quarter of 2011. There...

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EU wind power will triple by 2020

The European Wind Energy Association (EWEA) today published its scenarios for onshore and offshore wind power deployment in the EU, ahead of the European Commission's Energy Roadmap 2050, due to...

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More and more people get their shopping done in seperate stores

Two out of five Hungarians – 42 percent of the population – get their shopping done in seperate grocery stores, although often it is not a choice but a must...

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The domestic pig stocks may decrease under 3 million soon

In one year, the producer price of pigs increased by 1.1 percent – shows the datas of the Central Statistical Office (KSH). After last year's depressed pork prices, many of...

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Bucharest is also ahead of Budapest in purchasing power

According to the survey of the USB Swiss bank; Oslo is the world's most expensive city, followed by Zurich and Geneva. According to the survey; on the first three places...

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Declining consumer prices in the euro area

The rate of inflation, reduced as expected in the euro zone in July in an annual and in monthly comparision as well – announced Eurostat, the European Union's statistical office,...

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Hungarians are not satisfied with the goverment

Fidesz has shred some of its lead over the main rival Socialist party, and the radical nationalist Jobbik has increased its camp, the latest Ipsos poll published in Saturday’s Nepszabadsag...

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The summer end school supplies fair may bring a 20-30 billion HUF traffic

In recent years, the price of school supplies increased the most this year. The school supplies fair means a stable 10 billion HUF business to the traders. While large retailers...

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Harvest time is over

“The harvest is complete in the majority of the country. The quality of wheat is excellent, with average yields in excess of four tons per hectare” – announced State Secretary...

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METRO starts school with special offers

METRO is helping to increase its partners competitiveness by offering special actions to customers: between 18th and 31st August, a 16 page-long cataloge is released by the company, in which...

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Hungary retail food sales see growth of 3%

Retail food sales in Hungary rose 3% in value terms but fell 2% in volume terms in the second quarter from the same period a year earlier, market researcher Nielsen...

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Growth significantly slows in the German and in the Hungarian economy

Compared to the first quarter, the Hungarian economy has stagnated. Even compared to last year's numbers a 1.5 percent growth can be seen in the second quarter datas – shows...

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We purchase price sensitively, not health-consciously

Hungarians do not purchase health consciously, but due to their price sensitivity, the introduction of the so-called hamburger-tax may be succesful – shows the joint survey of KutatóCentrum and Marketing...

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