Market News

Magazine: Always at hand

Consumers pay more attention to skin care in the winter months. Cold, wind, heating and a hot bath or an ill-chosen cream can all dehydrate the skin, especially the hands...

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The new modell of the Chamber of Agriculture would be beneficial to the producers

According to one version of the draft legislation; The food processors involved in distribution and marketing can be forced members of the Chambers of Agriculture. The new plenum can receive...

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The Christmas rush started in Germany and in Hungary

The traffic is much higher than in the same period of last year. According to the German Trade Association (HDE); the flat screen TVs, jewelry, watches and the games are...

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Christmas-shopping is a major stress-source for Hungarians

Hungarians are very fond of Christmas, however they are sick and tired of compulsory Christmas shopping – a new online survey carried out by Árukereső.hu pointed out, after having interviewed...

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We eat far less fish than the EU average

This year’s fish production will be 21 to 22 thousand tons in Hungary, about 15 percent less than the average, mainly due to the badweather – said Németh István, the...

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Falling Consumption and slowing economy may be the price to pay for the rescue of the euro

According to the survey of the Centre for Economics and Business Research; In the debted countries of the euro area, an up to 15 percent drop in consumption may be...

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The aging population also offers excellent business opportunities

Many investment professionals have already drawn attention to the potential business opportunities in the increasingly aging societies of the developed Western countries. In particular, they drew attention on the purchasing...

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Austria has no interest in further liberalization of agricultural markets in the EU

Hungary and Austria both are on the opinion, that they have no interest in further liberalization of the European Union's agricultural market – said Jakab István (Fidesz), Vice-President of the...

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Champagne, wine and caviar are the favorite products of the Italian magpies

In Italy, a record number of pre-Christmas shopliftings occurred. According to the datas of the Coldiretti producers association; kleptomania outbroke among the Italians. Until the end of the year, 660...

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The Big Short – the Wall Street-story now out in Hungarian

Michael Lewis's new book, The Big Short is a brilliant account – character-rich and darkly humorous – of how the U.S. economy was driven over the cliff. The Hungarian translation...

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It was worth to expand the Széchenyi Card Program

Experience so far shows that it was justified to expand the Széchenyi Card Program with working capital loan – said Krisán László, CEO of Ka-Vosz Zrt. to MTI. He recalled,...

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We may spend more than 130 billion HUF in online stores this year

According to an economic analyst; this year in Hungary, people may spend more than 130 billion HUF in online stores. Last year 99 billion HUF was spent on the Internet...

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Hungarian farmers will be posted on the map

The Gasztro Térkép Kft. would like to bring together the domestic agricultural producers, farmers, with food processors, restaurants, shops and hotels. The company founded this year, would like to create...

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London analysts: we should not rely on the euro until 2019

The earliest possibility for Hungary to join to the euro zone will be in 2019, probably together with Poland. The Czech Euro may be delayed for the 2020s years –...

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Food-conderfeit scandal! Re-labelled, expired meat seized

Shocking food counterfeit-scandal in Siófok: 110 kg re-labelled, expired meat was seized at a retailer in the city of Siófok by animal health authority on Wednesday. According to experts, three...

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The German dairy farmers continue in Russia

The dairy market in Europe is characterized by relatively low prices in the last two years, therefore, only in Germany, thousands of farmers quitted from cow breeding, however, there are...

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The five percent VAT increase accelerated inflation in Romania

In Romania, the annual inflation of November was 7.7 percent after October’s two year record of 7.9 percent – states the country's statistical office. The November figure is slightly lower,...

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Magazine: Women like company, men prefer flavours

Nestlé Lifestyle Centre has conducted an online survey, which revealed that it is important for Hungarians to enjoy meals – 95 percent of surveyees said so – despite that only...

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People turned to inexpensive Christmas-packages, shower gel is the number one purchase

The retail sales of Christmas packages containing cosmetics and personal care products excessed 3 billion HUF in the holiday season last year. They appear to be less popular now, however:...

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Twenty thousand new workplaces might open in Hungary

According to the Association of Hungarian Personnel Consultants and Hungarian People-rent Association, at least 20 thousand new workplaces will open if the frames of employment become more flexible in Hungary....

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Over the past 12 months, prices rose by 4.2 percent

In November 2010, the average monthly consumer price increase was 0.3 percent. Compared to last November, prices grew by 4.2 percent – reports the Central Statistical Office. In the first...

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Milk production and procession is still inefficient

In the quota year 2009/2010, the utilization of the national quota (2,050 tons) was not more than 76 percent which equals 1541.7 million kilogramms of retail and directly sold milk....

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One part of the GDP would serve the conservation of hungaricums

It is envisaged that a certain proportion of gross national income would support the hungarikum fund created for the protection and preservation of national values – said Lezsák Sándor, vice...

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U.S. consumers are optimistic before Christmas

According to the results of the joint survey of the University of Michigan and Reuters news agency; the U.S. consumer sentiment improved greater-than-expected in December 2010. The overall consumer sentiment...

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The authority found forged egg powder

According to the communication of the Hungarian Egg Association;  in recent months, the Hungarian egg market has been flooded with a large volume of cheap Polish eggs and egg products....

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Magazine: Private labels are getting stronger among premium juices as well

The latest data by Nielsen do not reveal many new things to those who are familiar with the trends of the fruit juice market: sales continue to decline. Bálint Jencs,...

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The Hungarian product regulation to come

The ministry has finished the Hungarian product regulation – said Kardeván Endre, Secretary of State of the Ministry of Rural Development, on Thursday in Budapest. The decree will regulate the...

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Industrial production and household consumption increased the GDP

According to the final figures of the Central Statistical Office; the Hungarian economy grew by 1.7 percent in the third quarter, , which is slightly better than the preliminary estimation...

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Dairy producers of the Union, unite!

The milk producers in the EU may exert a stronger market position in the future. According to the suggestion of the European Commission published on Thursday; the EU would enable...

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1,212 billion HUF surplus in trade balance

In October 2010- according to the first estimation – the value of export reached 1796 billion HUF (6,519 million euros) and import amounted to 1,687 billion HUF (6,111 million euros)...

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