Market News

The government has approved Hungary's medium-term plan of consumer protection

The government has approved Hungary’s 4th medium term, consumer protection policy lasting until 2014 and also the task plan of measures – told the National Economy Ministry (NGM). According to...

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The GYIA has improved

The index measuring the performance of the real economy, was in minus 0.1 to 0.2 percent, during the last four months. If we want talk of positive change the index...

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Higher than average number of consumer complaints for e-commerce

Last year, higher than average number of consumer complaints arrived to e-commerce, therefore the consumer protection authority will monitor more closely these areas in 2012 – said Pintér István, Director...

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Brussels urges ban on the traditional hen cages

The European Commission called on the 13 EU member countries, including Hungary, to take actions in its Thursday letter to connection with the deficiencies of the implementation of EU animal...

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Healthy Eating Trends Around the World

With feedback from more than 25,000 online respondents from 56 countries around the world, this repot reveals how consumers are battling the bulge and how food producers and marketers can...

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The applicants of Zala won almost one and a half billion HUF support

35 companies in Zala county won almost one and a half billion HUF support from the Western Transdanubian funds of the New Széchenyi Plan. The President of the General Assembly...

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The pressing of the Balatoni korona starts on Friday

The pressing of the Northern-Balaton region local currency, the Balatoni korona will start on Friday, which is expected to be marketed in late March – said Leitold László Deputy CEO...

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The IMF has published its regular annual report on Hungary

The International Monetary Fund (IMF) has published on its home page their regular annual report on Hungary. According to Article 4 of its charter, the IMF shall prepare a review...

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Better-than-expected retail sales in November

The increase in retail sales in November exceeded the expectations of the analysts polled by MTI who expect that this year turnover will decline. The Central Statistical Office (KSH) reported...

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Shopping cart with magnifier and self-service cash desk

Several exciting technological innovations occurred in the domestic shopping centers in recent years. The latest is the shopping cart with magnifier, but self-service cash desk, digital shelf labels can also...

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Szinapszis Kft.: we still not save on our health

According to a recent exploration; The economic crisis reduces the  health care costs the least. 95 percent of the adult population perceives the effects of the economic crisis, the majority...

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The Harvard University has “rehabilitated” the egg

The myth that egg is an unhealthy, “vascular killer” cholesterol bomb, seems to be false of which consumption should be avoided by all health-conscious people. Several studies have also shown...

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Vineyard farmers do not like the mild winter

According to experts; the mild winter weather causes problems in the cultivating of vineyards. There were problems caused by the mild winter weather experts to. Lőrincz György, wine producer of...

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GfK: American optimism prevails

Despite continuing high unemployment and a persistently challenging economy, a majority of Americans say they are optimistic about 2012 both in terms of the country as a whole (62%) as...

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Magazine: Nationwide ‘store census’ from January until the end of March

The colleagues from Nielsen will personally visit all food shops and HoReCa units in every town with a population above 10,000, where the managers or their representatives will fill out...

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The government would consolidate the Hungarian companies that are in difficult position

According to the Government, if it is necessary, a state help should be provided to those companies in trouble, that have prominent role in the domestic supply chain, purchasing agricultural...

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MAGOSZ discussing the person of the new Secretary of State

The Hungarian Federation of Farmers (MAGOSZ) initiate consultation with Prime Minister Viktor Orban and Minister Sándor Fazekas, in order to identify the person of the new Parliamentary Secretary of the...

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Sándor Fazekas: active agricultural diplomacy is needed to regain the lost markets

Only proactive actions will help to regain the markets, that were lost by the previous government. Therefore the Hungarian agricultural diplomacy in the forthcoming months will appear in several countries,...

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Central Europe: Poland is the cheapest, the most expensive is Slovakia

The journalists of the Világgazdaság have calculated how much one should pay in case of a family shopping in neighboring countries. Poland is the cheapest: the family shopping list was...

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OTP Bank was down

The Budapest Stock Exchange’s blue-chip BUX index opened Tuesday trade down 0.50% at 18,924.60. BSE blue-chips stood as follows at Tuesday’s opening bell: OTP Bank was down 0.99% at HUF...

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Ipsos: Telework is minimal in Hungary

In Hungary, 8 percent of employees work regularly or occasionally in telework, while a third of them are willing to work full time in this form – shows the international...

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High proportion of fake food in China

According to the report of China's quality control authority; more than 100 thousands cases were investigated in China over fake or substandard products last year. The total value of the...

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The fall of GKI-Erste economic sentiment continued this year as well

Consumer expectations have been declining for more than 15 months, whereas business expectations stagnated in the last quarter of 2011 following sharp deterioration lasting for eight months, but they fell...

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MKIK: mandatory chamber registration

At the special meeting of the Hungarian Chamber of Commerce and Industry (MKIK), the amendment need for the introduction of the mandatory chamber registration system. Parragh László, president of MKIK...

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Beekeepers expecting favourable world market prices

The demand and the world market price of honey is favourable: so in the case of adequate rainfall Hungarian beekeepers can expect a good year; currently the biggest problem is...

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Magazine: Typically only one kind of dressing ends up in the basket

GfK Hungária’s Consumer Scan reports that 90 percent of households bought some kind of dressing in September 2010-August 2011: 70-70 percent bought mustard and mayonnaise, while ketchup can be found...

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About 300 billion allocated to Darányi Ignác Plan

This year and next year, about 300 billion HUF will be given to the implementation of  the Darányi Ignác Plan. Of this amount the development and launch of the EU...

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The increase of cocoa at the commodity exchanges may continue in long-terms

The European and American chocolate consumption decline visualization fears again interrupted the increase of cocoa in the commodity exchanges, while the fall of euro zone continues to be a threat....

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Shops on wheels in the Czech Republic

The rural shops on wheels are enjoying theirrenaissance in the Czech Republic: the rolling shops that were launched due to the once-erratic food supply are became the target of the...

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The distillery of Győr expects higher revenues than last year

The Győri Szeszgyár és Finomító Zrt. Expects a 10 percent increase in revenue. Last year revenue was 7.5 billion HUF – told  Folláth György Chairman of the Board to MTI....

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