Market News

Consumption mood in the EU improved hardly

Public spending growth slowed down in the third quarter in the European Union (EU). According to the survey of the Visa Europe; the nearly half billion inhabitants of the union...

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Russia joins to the World Trade Organization

Moscow and Brussels signed the document of the WTO accession on the 7th of December – said Russian Deputy Prime Minister Aleksandr Zhukov in Moscow. According to the report of...

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MVH goes on with food-aid program sponsored by EU

Food distribution goes on in the next couple of weeks of year, on behalf of Hungarian Agricultural Authority (MVH) within the compass of a special food-aid program for those in...

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Hungarian companies only use social media for marketing purposes

The majority of Hungarian companies still do not get the hang of social media: they mostly use it as a one way platform to distribute marketing messages, instead of focusing...

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Egg allergy is the most common allergy in Hungary

Egg allergy is a type of food allergy. It is a hypersensitivity to dietary substances from the yolk or whites of eggs, causing an overreaction of the immune system which...

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GFK: We spend more in this year’s Christmas season

According to the survey of GfK Hungária Market Research Institute; a slight growth is expected in this year's Christmas shopping season, contrary to the decline of the previous years. We...

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Hungarians do not take up loan for Christmas gifts

According to the survey of Ipsos and Kirakat.hu; half of the Hungarian population – similar to last year – will spend less than 20 thousand HUF this year on Christmas...

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Global food prices near record

According to the calculations of the UN Food and Agriculture Organization (FAO); food prices are close to the historic peak of the food crisis of 2008. According to the datas...

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World trade turnover slows down, but the growth is still double-digit

World trade turnover growth significantly slowed in value in this year's third quarter – reported the World Trade Organization (WTO) on Wednesday. The import and export value grew by 18...

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The young people prefer Pöttyös Túró Rudi, older people Nokia

The Brand Community Survey of B&P Braun & Partners and GfK Hungária reserched what kind of brands prefer the younger and the older age groups. Overlaps increasingly occures between the...

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The German consumer mood is on its three-year peak

German monthly level retail sales increased in October, that have not seen for three years. The growth exceeded all analysts' forecasts and indicates a recovery in the European Union's largest...

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GKIeNet: Hungarian web trade may increase by 30 percent

According to the research of the GKIeNET market research firm; the total turnover of the Hungarian web trade is expected to increase to 130 billion HUF this year, from last...

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Shoplifters cause billions of forints in losses

Between July 2009 and June 2010, shoplifters caused losses totalling almost 5 bln euros for German retailers, according to a study by the British Centre for Retail Research and Checkpoint...

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Baby brands are more popular than ever

Tesco and a number of other retailers are moving into the baby category with their brands. Tesco is opening a Baby World store, stocking goods for babies and toddlers. Customers...

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Magazin: Meagre year, abundant Christmas?

Most manufacturers prepare for the holiday season with more gift packages than last year, but the balance shifted towards cheaper solutions in this segment too. Unilever Kft. has been performing...

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KSH measured a significant rise in food price inflation

The bad weather and the rise of import prices led to the intensive increase in food prices in Hungary. According to the datas of the Central Statistical Office (KSH); on...

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Hungarian milk consumption should be increased to 200 liters per capita in a ten-year period

The sectoral strategic program carried out at the Milk Marketing Board wants to increase milk consumption to an annual 200 liters per person in Hungary. Presently, the annual milk consumption...

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PwC: A positive change in the tax system

The government’s tax measures were considered positive by the experts of PricewaterhouseCoopers (PwC) today on the tax conference of the company. The experts of PricewaterhouseCoopers (PwC) have stressed, that the...

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Quality control sign against black wine

Hungary imported more than 130 thousand hectoliters of wine last year, a large part from Italy. The biggest problem, however, is the black import. Wine communities want quality control signs....

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Significant improvement in consumer sentiment in the world's largest economy

In November, the U.S. consumer confidence increased to a peak have not seen for five months, which indicates the expected strengthening of the economy – told the U.S. Conference Board's...

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Thousands of pounds change hands every second in the English webstores

60 million forints per minute (ie 184 thousand pounds) were spent yesterday, by the Christmas customers on the so-called Mega Monday, in various internet stores in the United Kingdom. In...

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Increasing retail sales expected in Central Europe

Acccording to the British Savills consulting firm; in the next five years, the Polish, the Czech and the Hungarian region will be the leader of  the growth and the United...

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A more efficient system launched to protect consumers and brands

A more efficient consumer protection and a more conscious consumer attitude is encouraged by a co-operation between National Consumer Protection Authority and Hungarian Association of Brands. The contract of co-operation...

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Hungary increased its attractiveness among the chains

Germany maintained its leading position as the most attractive retail market in Europe in the Middle Eastern and African region, where 41 percent of the international trading companies are planning...

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MNB expects accelerating economy and inflation

The November forecast of MNB predicts rise in consumer prices, and the acceleration of the economic growth. The expected economic growth rate is estimated at 1.1 percent by the central...

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Customers stormed the German stores

The Christmas shopping season started well in the German retail trade. All indications show that this year’s year end turnover will far exceeds last year's turnover. According to the researches;...

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According to the British, cloned beef is eatable

There was no difference between the meat and milk of the cloned and conventionally bred cattle, so it is unlikely to pose risks to food consumption – reported the British...

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GKI: Hungarian economy will expand by about 2.5 per cent in 2011

According to the forecast of GKI Economic Research Co. prepared in co-operation with Erste Bank, following the slight GDP growth of 1 per cent in 2010, the Hungarian economy will...

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New loans in the Széchenyi Card Programme

László Krisán, the CEO of KA-VOSZ informed entrepreneurs in Debrecen about two new types of loan for SMEs. KA-VOSZ, together with VOSZ and MKIK managed to achieve the expansion of...

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A slight improvement in the domestic labor market

The situation of the domestic labor market improved slightly in the past three months – reports the Central Statistical Office. The number of employees was this high almost two years...

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