Market News

UK online stores won on weak pound

According to the estimations of Moneybookers; 30 percent of French Internet customers, 22 percent of the Germans and Poles are purchasing in online UK stores. Moneybookers estimated that euro zone...

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Huge champagne campaigns in Western Europe

The economic crisis has shaken the champagne market as well: due to the the stagnation of the demand, traders are offering the luxury drinks on discount prices. In France it...

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Less spendings, more bank card usage

We spent less this year for Christmas, but used more our bank cards. The Christmas of 2009 is more modest than in the previous years – but we still spend...

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Hungarians are worried about the future of their children and their jobs

According to Nielsen market research company; The Hungarians’ largest problems are with job security and the education and prosperity of their children, as well as the rising of energy prices....

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Alcohol trade – worse than the construction industry?

Alcohol will be consumed well during the crisis – many people thought all over the world. But according to Hungarian company statistics, much more windings started in alcohol trade than...

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USA: More and more optimistic consumers

In December, the American consumers' confidence in the economy increased again, the improvement is mainly due to the long-term prospects in the labor market. The Conference Board's consumer confidence index...

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340 thousand German companies become insolvent since the turn of the millennium

In Germany, 5 million employees were involved in corporate bankruptcies, since the turn of the millennium. According to Creditreform; about one out of five workers are involved. Since the turn...

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Russian vodka market may become whiter

Dmitry Medvedev, recently made an unexpected statement, in order to protect Russian vodka market. They would introduce a minimum price, in order to increase legal consumption. According to the plans...

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After three bad years, comes the fourth

2009 was a very bad year for the trade, traders, consumers and suppliers, and the first half of 2010 is prospected to be weak also – said Vámos György, the...

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Ruling would stop further indebtedness

According to the Government Spokesman Bureau’s communication sent to MTI; the government decided on its last year's meeting over the responsible retail lending and credit conditions on regulation. The regulation...

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Direct marketing should not to be cancelled due to the crisis

The economic difficulties have also affected the direct marketing market: while the demand for database updates increased, the campaign orders reduced and illegal data usage increased. According to Bartók János,...

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Christmas present: back to the “sender”

The Christmas rush ended on 24th of December in most places. In the shops that are open on Sunday 27th and on 28th December, the changing back fewer has begun....

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German energy is getting greener

Sixteen percent of electricity consumption in Germany comes from renewable energy. The share of wind, biomass and hydro energy supplied plants increases significantly. N24 TV’s report quoted the Handelsblatt which...

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British company leaders are optimistic

Six years ago the British business leaders were less optimistic about the prospects of the British economy as it is now, and their optimism is tend to confirm with the...

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United States: the recovery may last for years

The U.S. economy will be affected by the crisis, for a long time. Although the growth forecasts are favorable and new jobs will be established, the unemployment rate may stagnate...

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Large price increases may come in Romania

According to the Bucharest daily newspaper, the Új Magyar Szó; the excise tax increase is one of the main reasons that the price of fuel may increase by 20, electricity...

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Meat, coffee and mineral water retail sales increased

According to Nielsen market research company; The value of food retail sales rose by 2 percent, between December 2008 and November 2009, compared with the previous comparable period. In quantity,...

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Retail has not shaken by the crisis

While in the first half of the year it appeared that this year wll be about the collapsing of the mass-retail businesses, in the second half, it became clear that...

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Hungary on the bottom of Central Europe

According to Calyon’s analysts; in 2010, the lowest growth and the highest inflation will be in Hungary in the Central European region, compared to the Czech Republic and Poland. The...

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Internet commerce profits from the crisis

Internet commerce develops with missile speed and the crisis has a main role in it – states the report of the Organization for Economic Cooperation and Development (OECD). The acceptance...

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GDP and consumption expansion in the United States

The U.S. GDP increased by 2.2 percent, in the third quarter instead of the estimated 2.8 percent – reported the U.S. Department of Commerce. Consumption increased in October and November...

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The crisis affects the Christmas celebration of the Hungarian firms

In many places, events were cancelled, some places there were no Christmas trees and companies saved on the bonuses of the staff and gifts of the partners. The Ipsos surveyed...

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Dismal Christmas season

Especially in this year's Christmas season became dismal – said the shop owners to web portal Origo. The hopeful business plans of the merchants were destroyed by the unusual cold...

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China will be the world's second largest economy soon

Last year's economic growth index was revised upward in China, which – according to analysts – helps the country to overtake Japan and to become the world's second largest economy,...

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Retail sales fell further in October

According to Central Statistical Office; the retail sales volume were 7.5 percent below in the first ten months of 2009, compared to last comparable period. Compared to the previous month;...

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A growing number of internet bank cards users

The number of online stores are growing in Hungary. MasterCard's latest research seeked for the answer to what proportion of customers using the Internet card or other payment instruments. The...

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Gömböc in Shanghai

The Hungarian pavilion at the Shanghai World Expo must be ready until 15th March, trial will start on 1st of April. The star of the Hungarian stand will be a...

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Green supermarket chains already warns during purchase

Öko-Pannon starts a campaign with the 5 leading supermarket chains; the Cora, the Kaiser's, the Metro, the Profi and Spar, to highlight the importance of the separate collection of non-returnable...

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Slovakian koruna will disappear next year

From January next year, one should not be indicate the prices in koruna on the Slovakian retail market in, only need to be indicated in euro. The Slovak retailers claim...

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More stimulus is needed – said Nobel laureate economist

Joseph Stiglitz laureate economist again expressed pessimism. In his opinion the U.S. economy may drop back in the second half of 2010. The government should work on a second stimulant...

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