Market News
The state marketing companies would be concentrated
Date: 2010-08-12 00:01:01
The Ministry of National Economy examines the possibility of the merging of the Agricultural Marketing Center, the ITD Hungary and the Hungarian National Tourist Office. The three institutions were created...
Read more
The FruitVeB refutes the allegation of Air Working Group
Date: 2010-08-12 00:00:59
According to the Air Working Group; most of the Hungarian fruits and vegetables are contaminated with chemical residues and the situation in Central and Eastern Europe is the same. According...
Read more
This year, the Hungarian economy can grow
Date: 2010-08-11 00:05:35
Instead of previously expected 0.2% decline, this year a 0.6% increase occured in Hungary’s gross domestic product (GDP), the average inflation rate can be 4.7%, instead of the formerly predicted...
Read more
Taste in the water
Date: 2010-08-11 00:05:32
According to the online survey of Nestlé Lifestyle Centre; Hungary’s mineral water consumption patterns increasingly resemble what can be seen in Western countries: the taste of the water is getting...
Read more
More and more people believe in fast recovery
Date: 2010-08-11 00:05:30
According to Nielsen market research company’s international survey of May; Hungarians are more optimistic, compared to the international average, over the recovery from the crisis. An average 21 percent of...
Read more
The World Bank wants to avoid the global food crisis
Date: 2010-08-11 00:05:28
The World Bank called on the countries to refrain from policies that can erupt a new global food crisis. The call was made after Russia steted the possibility to extend...
Read more
240 million hours surfing per month
Date: 2010-08-11 00:01:05
According to the joint gIA reasearch of Gemius és az Ipsos; Between 2006 and 2010, the average time spent on the Internet, increased almost to eight-fold. A significant increase occured...
Read more
Food may become cheaper
Date: 2010-08-10 00:05:25
If the plans of several agri-groups may become real, an up 10 percent priice decrease can occur. The reduction of VAT protects the domestic products and may result the boom...
Read more
Geothermal energy can make us a vegetable great power
Date: 2010-08-10 00:05:02
Hungary, based on geothermal energy can be a vegetable great power in a short time – states the leader of the Institute of Horticultural Technology of the Szent István University...
Read more
The middle class of the emerging economies will be the engine of consumption
Date: 2010-08-10 00:03:59
According to the study of McKinsey; In the next decade, the consumption of the middle class in the emerging economies may triple, which would exceeded the total value of the...
Read more
The good German datas are good for Hungarians
Date: 2010-08-10 00:02:52
Better-than-expected German economy datas were published on Monday. Since Hungary's most important trading partner is Germany, these datas can improve the prospects of the Hungarian economy as well. According to...
Read more
Dissatisfaction often causes poor performance among the leading workers
Date: 2010-08-10 00:00:08
According to the study of Salesjob; Experts mainly highlights the positive effects, such as the growth of efficiency, in relation to job satisfaction, but during the examination, the potential damages...
Read more
GKI: Exports have the main role
Date: 2010-08-09 00:04:35
According to the forecast of GKI Economic Research Co. in cooperation with Erste Bank; the ratio of the mainly export driven economic growth rate will be around 1 percent. Hungary's...
Read more
The President of the Chamber of Commerce and Industry urges mandatory membership
Date: 2010-08-09 00:04:01
The mandatory chamber membership would be a good solution to strengthen the organization of the economy and to reduce bureaucracy – said Parragh László, President of the Hungarian Chamber of...
Read more
The trade balance shows a 2.8 billion euros assets, in a half year
Date: 2010-08-09 00:03:20
The trade balance in January-June of 2010, showed a 2.812 billion euros (764 billion HUF) asset. The balance improved by 1.083 billion euros (252 billion HUF) has improved compared to...
Read more
German Industry had a great quarter, despite bad June data
Date: 2010-08-09 00:00:52
In June, instead of the expected growth, the industrial production declined slightly in Germany. However, in the whole second quarter, industry has increased in a record extent. According to the...
Read more
Four Paws action against Chinese duck meat
Date: 2010-08-09 00:00:01
The Cheap Chinese duck meat is a threat to Hungarian farmers – states the Four Paws Foundation. The European Union has recently decided to allow imports of Chinese duck into...
Read more
The store sales of household and cosmetics product are stable
Date: 2010-08-06 00:07:25
The retail sales of household and cosmetics product are stable in terms of value, in the first half of the year. In terms of volume, only a 1 percent decrease...
Read more
The gross average salary doubled in ten years
Date: 2010-08-06 00:04:28
According to the research of the Central Statistical Office; fewer people are employed in the private sector than at the beginning of the decade, but their average wages, however, exceeds...
Read more
Wheat prices on its nearly two years peak: Russia suspends exports
Date: 2010-08-06 00:03:21
The spokesman of the Russian prime minister announced that Russia suspends its grain exports, due to the fires raging in the country. After the drought has not seen for fifty...
Read more
Hungary is the world's ninth largest consumer of mineral water
Date: 2010-08-05 00:06:35
Domestic drinking water is in good condition, although in some places, there is an arsenic problem. The domestic mineral water choice is rich. In consumption Hungary preceded the United States....
Read more
Poultry Product Board: All the analyzed eggs had the same quality
Date: 2010-08-05 00:06:02
Recently, a number of articles were published in the press and on the web over the quality of eggs, on emotional grounds, referring to aspects of animal welfare status. Now,...
Read more
European retail stagnates
Date: 2010-08-05 00:04:02
The volume of retail trade in the euro area remained the same. In the EU-27 increased by 0.1 percent in June, compared to the previous month. Compared to the same...
Read more
Americans save rather than spending
Date: 2010-08-05 00:00:55
The American consumer spendings and incomes have stagnated unexpectedly in June, while the personal savings reached a high-value, has not seen in a year. According to several opinions, the datas...
Read more
On halfway for Green Energy
Date: 2010-08-05 00:00:25
In the 27 Member States of the European Union, renewable energy share increased by 0.6 percent in 2008, from the total energy-usage. The EU is only on halfway of the...
Read more
Consumer Confidence Index improved in Hungary again
Date: 2010-08-04 00:05:21
According to the research of the Nielsen market research company; Consumer Confidence Index has improved in Hungary again this year, in the second quarter. In Hungary, the Consumer Confidence Index...
Read more
The VAT changes may put an end to food black markets
Date: 2010-08-04 00:04:05
If the government carries out the plans of the Ministry of Agiculture, it may significantly reduce the black market of food sales. Several tax cut or transferring solutions can be...
Read more
Hungarian food is cheap compared to the EU
Date: 2010-08-04 00:02:36
Compared with the EU food prices of last year; the Hungarian food is reasonably cheap in the community. From the 27 Member States of the Union food prices are only...
Read more
We have to wait for the economic turn
Date: 2010-08-04 00:00:12
According to the statistics of Opten; many companies still go bankrupt because of the creditors or because of the decisions of the company owners. Unprecedented number of companies went bankrupt,...
Read more
The Ministry of Rural Development seeks for VAT reduction
Date: 2010-08-03 00:00:59
The Ministry of Rural Development considering a reduction of VAT in the food and agricultural products. The screening continues in the ministry, so noone still know, how much disposable money...
Read more
