Market News
The Icelandic vulcano eruptions can hinder the economic recovery in Europe
Date: 2010-04-21 00:01:31
The European aviation experts say that the air limitation can be so long, that it can affect the economic growth this year, and the post-crisis recovery as well. The current...
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The GKI consumer confidence index is almost on its four-year peak
Date: 2010-04-21 00:01:20
In April, the seasonally adjusted value of the GKI prosperity index continued to increase. The value of the GKI consumer confidence index increases strongly after the low point of April...
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New business applications
Date: 2010-04-21 00:00:45
Those businesses can tender for a total of 23.5 billion of EU funds, which tender for the New Hungary Development Plan’s (ÚMFT) now published in three appeal. Support applications can...
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The GKI consumer confidence index is almost on its four-year peak
Date: 2010-04-20 00:01:42
In April, the seasonally adjusted value of the GKI prosperity index continued to increase. The value of the GKI consumer confidence index increases strongly after the low point of April...
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Due to EU rules the price of eggs may increase double-fold
Date: 2010-04-20 00:01:00
The price of eggs may be doubled, if the producers have to introduce the new animal-friendly breeding techniques. The development could cost up to 50 billion HUF to the industry,...
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Retail should respond to the demographic challenges
Date: 2010-04-20 00:00:50
Just like in the major part of Western Europe, Central and Eastern European (CEE) countries also facing long-term demographic challenges, just like the stagnation or decreasing of the population and...
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Improved global economic forecast
Date: 2010-04-20 00:00:20
The performance of the World Economy expected to be increased by 4 percent this year, but this is still mainly the result of the stimulative measures, so a slower growth...
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The possibilities of the Széchenyi Card would be broadened
Date: 2010-04-19 00:01:55
The contractors claimed that the state-sponsored Széchenyi Card working capital credit facilities are maintained and new opportunities to connect to it – said Dávid Ferenc the Secretary-General of National Association...
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Hungary has the worst inflation rate in the EU
Date: 2010-04-19 00:01:10
In March, a 1.4 percent inflation occured in the euro area on an annual basis. The monthly inflation rate was 0.9 percent in the whole EU. Annual inflation was 1.9...
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Real earnings increased by four percent on average, over a year
Date: 2010-04-19 00:01:00
At the companies, with at least 5 people and at financial institutions, the reported gross average earnings in the first two months of 2010 increased by 3.7 percent, the net...
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Optimistic forecasts on this year's GDP
Date: 2010-04-19 00:00:50
While the government and central bank forecast predicts a 0.2 percent decrease in GDP for this year, the economic research institute expects at least stagnation, or a 0.8 percent growth...
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Unexpected deterioration in U.S. consumer confidence
Date: 2010-04-19 00:00:40
Contrary to the expected rise, the consumer confidence index of the University of Michigan shows decline: standing on a value of 69.5 points in April, compared to the previously predicted...
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It will not hurt to be careful with energy drinks!
Date: 2010-04-19 00:00:30
How safe are the energy drinks? The National Chief Medical Office, the National Food and Nutrition Institute and the Hungarian Food Safety Office organised a conference on the 13th of...
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12 percent more insolvency proceedings in the first quarter
Date: 2010-04-16 00:01:33
This year's first quarter, the companies insolvency index increased by 12 percent, over the same period of last year – reports Coface Hungary credit insurer. 54.44 percent of the procedures...
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The GDP grew by 11.9 percent in China
Date: 2010-04-16 00:01:10
China's gross domestic product (GDP) grew by 11.9 percent in this year's first quarter over the same period last year – announced the Chinese Statistical Office on Thursday. This year's...
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We consumed less beer last year
Date: 2010-04-16 00:00:40
The beer industry sold 12 percent less beer in 2009, than a year earlier. The Hungarian market shows a 9 percent decline, domestic consumption has fallen steadily in recent years....
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Asian economies seem to be over the crisis
Date: 2010-04-16 00:00:30
According to the datas of the Asian Development Bank (ADB) presented on Thursday; the average economic growth of the countries in the region this year could reach 7.5 percent and...
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Industrial production rose by 8.4 percent
Date: 2010-04-15 00:02:30
The volume of industrial production in February 2010 increased by 8.4 percent, compared to the same period of the last year – announced the Central Statistical Office (KSH). Compared to...
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The Széchenyi-card program may expand
Date: 2010-04-15 00:02:00
The Széchenyi-card program may expand with investment loan said Parragh László, the President of the Hungarian Chamber of Commerce and Industry, to Világgazdaság. The professional preparing has ended, we need...
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Meat industry trade union to suspend demonstration
Date: 2010-04-15 00:01:00
The meat industry trade union received substantive bid so suspended the demonstration, which was planned to the front of the centre factory of the Debrecen Meat Group Ltd. in Szolnok....
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If food is dangerous, it cannot be sold!
Date: 2010-04-14 00:02:55
The Hungarian Trade Association’s press release calls the attention of the customers to the following: According to the inspections of the recent days, a number of food donot correspond to...
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Increasing winding-up procedings
Date: 2010-04-14 00:01:00
The number of the winding-up procedures increased in the first quarter: 4211 procedures were launched against the companies, compared to the same period last year registered more than 3670 –...
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Billions for the small and medium-sized enterprises
Date: 2010-04-13 00:01:30
The Hungarian Development Bank Ltd. approved nearly 304 billion HUF new loans, until the 5th of April, in the scope of the business lending programs. The bank between the 29th...
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The level of agricultural prices increased
Date: 2010-04-13 00:01:20
The level of agricultural prices increased in February 2010 by 0.2 percent, over the same period the previous year. Including herbal products, the price level rose by 2 percent, the...
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The multinational stores would not close on Sunday due to the customers
Date: 2010-04-13 00:00:50
The opinion of the Hungarian chains are various about the limitation of the opening hours on Sundays. According to the opponents; the limitation is contrary to the interests of the...
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Russian economy renewal?
Date: 2010-04-13 00:00:30
The Russian economy may expand by 8.3 percent annually, due to domestic demand and aluminum prices in the second quarter – said the Moscow-based Renaissance Capital. In its earlier forecast...
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Decreaseing unemployment rate in the Czech Republic
Date: 2010-04-13 00:00:10
Unemployment decreased slightly in the Czech Republic in March: the rate declined by 0.2 percentage points to 9.7 percent. According to the datas of the Labour Ministry, 556 thousand people...
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Increasing costumer conscioussness in the purchasing decisions
Date: 2010-04-12 00:04:00
We are willing to visit more chains in a hope of a better offer. According to the analysis of GfK Hungária; a slow but clear change can be observed in...
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The competitiveness index in Hungary has improved
Date: 2010-04-12 00:03:00
GKI and Microsoft released its competitiveness and business environment index of March. The Competitiveness Index (Vex) stagnated in the Czech Republic, in the fourth quarter of 2009, increased in the...
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Deficit occured in China's foreign trade – for the first time in 6 years
Date: 2010-04-12 00:01:10
China's foreign trade balance showed a 7.24 billion dollar a deficit in March, for the first time since April 2004. In March, Chinese exports increased by 24.3, imports by 66.0...
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