Market News

Personal loan and transaction fee: restrictions raise up on law level

The National Assembly voted against the government's proposal on Monday, so one person can get loan once a year, with 65 percent higher annual percentage, up to 250 thousand HUF....

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German investors are pessimistic since October

The investors' mood in Europe's largest economy Germany, is declining for the third month. The Mannheim based ZEW market researcher’s economic sentiment indicator became 50.4 points in December after the...

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Action against the expansion of the Chinese businesses

In the future, local governments would have the right to intervene into what kind of businesses can carry on local trade in their settlement – including the law changing proposal...

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Purchase fever: Stormy weather may discourage many consumers

It is expected to be a weaker Christmas season for retailers, than a year ago. In principle, the peak of the Christmas rush is expected for the weekend, but it...

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Hungarian meat products in the Far East

The greatest demand for Hungarian products in the Far East markets are for pork, in particular mangalica meat, poultry, goose liver, salami and the Aszú wines of Tokaj. On the...

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A joint for agri-supports

Twenty-two EU countries will be join, in order not to reduce the agricultural subsidies in the future. Great Britain, the Netherlands, Denmark, Sweden and Malta did not participated in the...

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Euro zone’s industrial production and the number of employed reduced

Euro zone’s industrial production showed a 0.6 percent decrease in October, compared to the previous month, while in 27 EU countries a 0.7 percent decrease was measured. On an annual...

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Women purchase alone and strong-minded

According to GfK Hungária; In Hungary, shopping continues to be addressed to women. Half of the value of the purchasings of daily consumer goods are these kinds of purchases. Only...

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Almost six billion HUF spent on champagne during the holidays

According to Nielsen market research company; Around half of the annual retail turnover of champagne occures around the Christmas and the New Year period. Around Christmas and New Year, the...

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Inflation was less than the average

In November 2009, the monthly average consumer price increase was 0.3 percent, compared to last November, when it was 5.2 percent. In the first eleven months of 2009, prices were...

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A positive surprise in the U.S. retail datas

Although the wreck premium program ended in November, U.S. retail increased by 1.7 percent – shows in the trade ministry’s report. The analysts forecasted only an average 0.6 percent growth....

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U.S. representatives and senators against too loud adverts

Sheldon Whitehouse presented a law proposal to the Senate, which would obligate the Federal Communications Commission (FCC), to regulate the volume of adverts. According to the law proposal, called (CALM)...

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The OKSZ support card usage limit fees

The National Trade Association (OKSZ) agrees with the limiting of the extent of the so-called inter-bank fee (interchange-fee). The National Trade Association (OKSZ) emphasizes in its communication on Thursday: the...

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Mall development is in crisis

This year, a relatively large number of shopping malls had been built, however, experts expecting a marked decline in the future. Most of the malls are obsolete, but do not...

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The domestic mineral water market is getting clearer

The crisis cleared the market, consolidation has begun – foresaw Balogh, Levente its owner of Szentkirályi Mineral Water Ltd. The business has already shown signs of concentration, because the mineral...

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This year, the prices also fell in December

On the basis of the price panorama of Privátbankár.hu; this year's December came with a significant price reduction, just like in 2008. The 2009 bill was roughly equal to the...

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Salon sugar test: only 5 out of 19 made of chocolate

Kosár magazine tested 19 products in its Christmas salon sugar test, in four categories. Beside the four high-quality Christmas candy, a few medium-quality and two almost convenient product have been...

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FEOSZ: consumers are getting more and more vulnerable

According to the National Federation of Consumer Protecting Associations (FEOSZ), at the creating of the legislations civil consumer protection proposals were not really taken into account. The consumer's vulnerability against...

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The morning coffee, is more important for the majority of women than makeup

According to a recent online research; we adher coffee the most among indulgents. The Nescafe Dolce Gusto surveyed the users of the TeszVesz online auction portal, about their indulgent habits....

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Former GDR brands competes successfully

Piroska, champagne, Spee-detergent, Florena-cream, Raderberg beer – all these brands are food brands dating back to the GDR, which are still available on the shelves of dealerships. Twenty years after...

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GDP: 7.1 percent decline, with surprising composition

Hungarian GDP developed surprisingly. The stocks have risen for example, as well as the production of the financial and real estate sector. Experts predict smaller degree of economic decline from...

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Global food prices are on a 14-month peak

According to FAO, United Nations’ Food and Agriculture Organization; the global food prices – after a temporary decrease – once again began to increase, and reached a 14-month peak in...

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Superbrands Hungary and the BKIK cooperates

Wiszkidenszky András, the director of Superbrands Hungary and Szatmáry Kristóf, President of the Budapest Chamber of Commerce and Industry (BKIK), agreed that the Chamber will give technical support in the...

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From summer 2010, only one quick loan is available within half a year

As Christmas approaches, the trade loans are popular again. The Financial Supervisory Authority (PSZÁF) alerts borrowers for prudence and foresight. Several financial institutions traditionally became the service provider of the...

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Tokaj from Tokaji – Hungarian-Slovakian wine struggle

The Slovakian Minister of Agriculture asked help from the European Commissioner of Agriculture and Rural Development. Slovakia complains that Hungary changed its brand name Tokaj from Tokaji, this summer. The...

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Christmas not counterweights declining consumption

According to the datas of GfK Hungária; household consumption decreases by about 7 percent compared to 2008, as well as a significant structural change was also witnessed in purchasing of...

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Industrial production increased in September-October

The industrial production is increasing for the second month in October after the decline of July and August. Compared to the previous month, increased by 3.7 percent in September, and...

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Retail may rise again next year

According to the latest study of Cushman & Wakefield's on European retail; The decrease in retail rentals will last until mid 2010, the boom in rents is estimated for 2011....

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Most people worry about air and water pollution the most

According to the survey of the Nielsen market research company; In Hungary the number of those who worry about the climate change also reduced, just like all over the world....

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Further decline can come to the Hungarian labor market in early 2010

According to the datas of Manpower’s international survey; a downturn is expected on the Hungarian labor market in the first quarter of 2010, however, there are signs of cautious optimism....

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