Market News

MKIK: improving corporate outlook

According to the April 2012 survey, the company's business expectations have improved in Hungary. After the major downturn of October, the company’s became more confident – told the Hungarian Chamber...

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Agri and food industrial unity in the VOSZ

The National Association of Entrepreneurs and Employers (VOSZ) has established its agri-food section with 155 members, in order to strenghten the interests of the SMEs of the agri-food sector. Kiss...

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Hungary wants simple and flexible EU “agri-greening” system

Hungary is basically agrees with the Commission's proposal to restructure the agricultural management, in an environmental viewpoint, but would like to reach that the system to be simpler and more...

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GfK: decline on the IT and office equipment market

According to the datas of the GfK Retail and Technology area, on the market of consumer durables in this year's first quarter – after a relatively strong Christmas season –...

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Euro zone’s GDP stagnated in the first quarter

Due to the strong performance of the German economy, euro zone was able to escape the recession in the euro zone, the gross domestic product (GDP) stagnated in the first...

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NGM: Consumer Protection Law was changed in order to help consumers

The National Assembly adopted the amendment of the Consumer Protection Act, which allows the handling of complaints in the future faster. The authority of the conciliation bodies will expand as...

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The price of honey may increase

Beekeepers expect higher honey prices this year, because acacia was frozen in several areas and bees have less time to collect nectar – Zalai Hírlap wrote on Tuesday. Last year,...

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KSH: food price increase in April was below the average

In April, consumer prices were 5.7 percent higher than a year earlier, and compared to March increased by 0.8 percent. Compared with a year earlier, fuel and tobacco prices increased...

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Community customer market is getting more focused

The community customer market was left by 8 participants this year. Last year the value of the community customer market was 4.3 billion HUF. This year, more failures are expected,...

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Magazine: How do shoppers decide? Making and understanding the decision tree

The dunnhumby decision tree is a tool that analyses real purchases, using data from thousands of shoppers. Result: a decision tree based on real shopping habits. This analysis shows what...

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GOSZ: less wheat will be produced this year

Less wheat yield is expected this year, than last year, so the expected yield of the country, will be below 4 million tons – told Vancsura József, president of the...

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Technical failure or closure on Sunday?

The new Labour Code restricts the Sunday opening hours of shops. According to the informations of Magyar Nemzet, the stores of malls, and the small shops of the shopping streets...

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Government breaks promise made in agreement with new tax

The financial transaction tax announced by the national economy minister is contrary to the agreement concluded last December between the government and the Banking Association, the Banking Association told MTI....

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The planting of tobacco has begun

This year, similar to 2011, the farmers will produce the industrial crops on an around 4,800 hectares – told the Chairman of the Pócspetri Based Hungarian National Association of Tobacco...

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Consumer confidence is on its four-year peak in the the world's largest economy

Consumer confidence increased to its more than four-year peak in May in the United States: The joint confidence index of the University of Michigan and Thomson Reuters increased to its...

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Mall constructions continue in Croatia

Construction market in Croatia shows a slow progress. Mainly the highways can pull the sector, but commercial real estate developments will continue as well, which means that more and more...

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GKI: purchasing power of the population will decrease by two and a half percent this year

This year, the purchasing power of the population will decrease by about 2.5 percent. It will be the fifth year since since 2006, , when – except for last year's...

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OKSZ: the marking of eggs per kilogram is not a good idea

The indication of the unit price for a lot of food is mandatory, in the case of eggs it could be problematic – writes in the National Trade Association (OKSZ)...

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Consumers International recommendations for the UN high-level summit on non-communicable diseases

Three of the four main risk factors for NCDs relate directly to consumer issues. Consumers International (CI) calls on world leaders to support consumers through education, principled advice, restrictions on...

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Slow economic recovery may start in Europe in the second part of this year

The European Union’s economy is currently in a mild recession, but in the second half the slow recovery from the crisis is expected to begin – projects the European Commission...

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Agricultural program starts in Szabolcs and in Hajdú-Bihar counties

Two new program will provide jobs to two hundred people in Szabolcs-Szatmár-Bereg and Hajdú-Bihar counties – announced Czomba Sándor, Secretary of State at the National Economy Ministry (NGM), responsible for...

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Shanghai remains the most competitive commercial center in China

Shanghai has remained the most competitive commercial center in China, however, the city is experiencing difficulties in growth prospects. As in the previous years the Finance and Economics University of...

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The European Commission proposes the equal taxation of vouchers

The European Commission proposes that all types of vouchers to be equally taxed in all Member States. The market of vouchers has an annual 52 billion euros market in the...

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The wage of entry-level workers increased

Entrants can expect the highest wages in the information technology sector, a monthly 246 thousand HUF – shows the recent survey of fizetesek.hu. run by Workania job portal. On the...

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VM: significant increase in the income of agricultural producers

According to the preliminary datas of the Agricultural Economics Research Institute (AKI), the income of individual farms increased by 47 percent last year, compared to the previous year – informed...

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Bees are collecting less honey from the frozen acacia trees of Szabolcs-Szatmár-Bereg county

This year, bees can collect less honey from the frozen acacia trees of Szabolcs-Szatmár-Bereg county – told the regional adviser of the Hungarian National Beekeeping Association (OMME) on Thursday to...

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NÉBIH focuses on strawberry cheaters

More and more foiled Hungarian strawberries are on the shelves, where they still should have compete with the much cheaper Spanish strawberries. Between their prices the difference is high, because...

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The Chinese consumers will push the global luxury market in the forthcoming years

The Chinese consumers will push the global luxury market in the coming years – predicts the CLSA broker and investment group. Among others, the rising Chinese middle class will help...

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Collation between the Ministry of Rural Development and the chain of stores on the milk industry's problems

The Ministry of Rural Development (VM) collated with chain of stores in Budapest on Tuesday to find a solution to the emerging dairy market crisis – said Budai Gyula, Parliamentary...

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Slowing exports, while weak domestic consumption slows down imports

In March, the forint value of exports increased by 3.5, the forint value of imports by 6.7 percent – the Central Statistical Office announced on Wednesday. Export value in euros...

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