Market News
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...
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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...
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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...
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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...
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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...
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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,...
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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...
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Half million less hectoliters of wine is expected this year
Date: 2010-08-03 00:00:56
Instead of the annual average of 3.5 million hectoliters 3 million hectoliters of new wine this year is expected to be made, and the harvest also starts two weeks later,...
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Three billion USD New Silk Road
Date: 2010-08-03 00:00:40
Almost three thousand billion dollars – the value of high-speed, commercial road networks that are mentioned as the New Silk Road by investment experts. The experts of HSBC and RBS...
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The decisions of CSRs are less influenced by the social aspects
Date: 2010-08-03 00:00:35
According to Habitat for Humanity; While the majority of the Hungarian companies regard the Environmental Responsibility issues as their own interests, the companies have different views on Social Responsibility. The...
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The German economy is pulling up euro area’s manufacturing industry
Date: 2010-08-03 00:00:12
According to the datas of the London-based Markit market research company; The growth of the manufacturing industry continued to accelerate in July. The manufacturing purchasing managers index (PMI) increased to...
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Official controls at retailers
Date: 2010-08-02 00:04:15
The National Consumer Protection Authority (NFH) plans comprehensive contols, in order to detect the unfair trade practices of the chains – announced Pintér István, Director-General on Friday in Eger. "Before...
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There are no dangerous Hungarian mineral waters on the market
Date: 2010-08-02 00:04:12
According to the Mineral Water Association; each marketed mineral water is safe in Hungary, do not contain harmful substances and can be consumed, without any restrictions or risks. "The natural...
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The poultry meat may become more expensive due to feedstuff price increase
Date: 2010-08-02 00:03:12
After this spring’s 5-8 percent price increase a further 5-10 percent increase will come. Her-Csi-Meat Ltd., has to increase its prices if the feedstuff prices remains high in the cereals...
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German retail decreased by nearly 1 percent
Date: 2010-08-02 00:02:01
On a monthly level, German retail sales decreased greater-than-expected in June. The experts expected a 0.2 percent decline, instead of the 0.9 percent decline. Compared to last June, sales increased...
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Polish VAT will be 23 percent
Date: 2010-08-02 00:00:01
The Polish government plans to raise VAT by 1 percentage point to 23 percent from 2011 for three years. Prime Minister Donald Tusk, expects an annual 1.8 billion euros additional...
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Mineral water is the winner of the changing drinks market
Date: 2010-07-30 00:06:01
According to the analysis of Equilor Investment Co.; The world’s drinks market is transforming: consumers are looking for healthier products each year, which mainly benefits the mineral water producers. From...
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Nielsen tested Internet drug orders in 55 countries
Date: 2010-07-30 00:05:55
According to the online survey of the Nielsen market research company made in 55 countries, including Hungary; Among Hungarian customers, the web orientation after drugs and medicinal products plays a...
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The OKSZ does not understand the protest of the union
Date: 2010-07-30 00:03:29
The National Trade Association (OKSZ) is surprised, that the Independent Trade Union of Commerce Workers objects the salaries of cashiers working in commercial areas. The union complains that the cashiers...
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GfK: fruit juices and soft drinks market decreases
Date: 2010-07-29 00:04:55
According to the datas of GfK Hungária; In the first third of 2010 the non-alcoholic cold drinks purchases of the Hungarian households declined. We purchase less from both fruit juices...
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1000 billion to the SMEs until 2014
Date: 2010-07-29 00:04:12
According to Minister Fellegi Tamás; the Government's aim with the Széchenyi Plan is to send the national and EU combined resources to the small and medium-sized enterprises (SMEs) rapidly and...
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Unemployment rate decreased, compared to the first quarter
Date: 2010-07-29 00:04:03
The unemployment rate in the second quarter of 2010 was 11.1 percent. This is 0.7 percentage points lower, compared to the previous quarter, but 1.5 percentage points higher than a...
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Slovak shopping tourism to restart
Date: 2010-07-29 00:04:02
With the deterioration of the forint, the Slovakian buyers returned to the Hungarian stores. According to Új Szó, Slovakia's Hungarian newspaper; mainly fruit, vegetables, building materials and clothing are purchased...
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U.S. consumer confidence decreased
Date: 2010-07-29 00:03:02
The U.S. consumer confidence index in July decreased to a level has not seen since February, mainly because of the concerns for the labor market. The index decreased to 50.4...
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Contrary trends in the Hungarian economy
Date: 2010-07-28 00:05:11
According to the summary of the Central Statistical Office (KSH); two opposite processes took place in the Hungarian economy in the first five months of the year: while industrial production...
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Ice cream distributors do not expect much from this year
Date: 2010-07-28 00:03:25
According to the traders; ice cream consumption is reducing: this year's hot days may broke a record, but on an average annual consumption, it is conceivable that less ice cream...
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The European Union dislikes the free pálinka distillation
Date: 2010-07-28 00:02:01
Several European Union bodies objected against the rule mitigation of the pálinka distillation in Hungary – said Piros László, Vice-President of the National Pálinka Council (PNT). According to Piros, it...
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Fewer loans are channeled to firms
Date: 2010-07-28 00:01:35
According to the datas of the European Central Bank; the size of loans granted to European firms decreased by 1.9 percent in June. With the exception of the banks and...
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The chips before big price increase
Date: 2010-07-28 00:00:55
Chips are indispensable accessories of house parties, watching films. German specialists predict a high jump in the price of chips. The price of chips may increase, due to the drought...
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Russia once again accepts the American poultry
Date: 2010-07-28 00:00:02
The U.S. Department of Agriculture, after a seven-month ban on poultry exports, allow the poultry exports to Russia, which was previously the largest outlet of this American product. Russia originally...
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