Market News

ÉFOSZ recommendation for the renewal of the food industry

The decreasing of food VAT and the administrative burdens, the reduction of food imports and black trade – among other things, the National Food Processors Association (ÉFOSZ) recommends these issues...

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In one year, milk and egg prices increased, meat and fruit became cheaper

The producer price level of agricultural products decreased by 4.1 percent in March 2010, compared to the same period of last year – reports the Central Statistical Office. The price...

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The 70 percent of tax benefits given to foreign companies

Both the business share and the tax benefit share of the hundreds of thousands Hungarian small enterprizes are minimal. On the basis of the 2008 year corporate tax returns; the...

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Enough of the consumer foreign currency loans

In the Eastern European countries the short-term, unhedged, foreign currency lendings for consumption purposes should be deleted – said the President of the European Bank for Reconstruction and Development (EBRD)....

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The Hungarian economy caused a big surprise

On the basis of the flash estimation of the Central Statistical Office and Ecostat; in the first three months of this year, the Hungarian economy's performance rose by 0.1 percent,...

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Poverty and consumption: cheaper products, instead of campaigns

According to GfK Hungária’s latest research; the lower-priced products are popular among the poorer groups of the consumers, but that is not specific that they are looking for campaigns. Today...

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Policy promises a more effective consumer protection

“Consumer protection should be brought closer to the people” – said Koszorús László, Member of the Parliament, at the annual general meeting of the Hungarian Brand Alliance. According to the...

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The domestic firms are cautiously optimistic

According to the survey of the Economic and Business Analysis Institute (GVI) of the Hungarian Trade and Industry Chamber (MKIK); The expectations of the Hungarian companies for the next half...

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The population is optimistic after the elections

According to the survey of GfK Hungária and the Corvinus University; both the complex Consumer Confidence Index and the Consumer Expectations Index increased significantly, compared to the previous quarter results....

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The advertising market has recovered

After a long-term decline, the first signs of recovery have begun to appear in the global advertising market – states the world's largest advertising agency, the WPP Plc. According to...

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The Secret of Healthy Coffee

Although the 80 percent of the Hungarian population consumes coffee, no single opinion developed over the health effects of coffee consumption. According to the recent researches; caffeine does not cause...

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Let’s sell wine in India!

A new, giant market may be developed for the wine companies. India may be the first Southeast Asian country, which will be the member of the International Organisation of Vine...

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Hungary is Europe's leader in price rise

Inflation slowed slightly in April: consumer prices rose by 0.5 percent, compared to the previous month and increased by 5.7 percent, compared to last April. In March, the monthly increase...

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The Consumer Confidence Index improved to 61 points from 58 in a half year

The Consumer Confidence Index improved this spring in Hungary. Though is still lower than before the crisis – states Nielsen’s Global Consumer Index Research in 54 countries, in March-April. Among...

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The popularity of Budapest declined among the Western entrepreneurs

Budapest’s popularity decreased among the Western entrepreneurs since last year – reveals an international survey that was presented in Brussels on Monday. The ECER foundation (European Cities Entrepreneurship Rank) surveyed...

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The Chinese trade balance surplus reduced drastically

According to the the Principal Customs Office Of China (GAC) the trade surplus is decreased by 87 percent in April. The Chinese export in the fourth month of the year...

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Retail trade: the emerging markets to increase, Budapest improved 14 places

According to the research of CB Richard Ellis' named “How much the retail is global?”; the emerging markets are attracting a growing number of international retailers and global retailers and...

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A favorable trade balance in March

According to analysts surveyed by MTI; Foreign trade was favorable in March. The analysts expect a faster growth of imports in the second half of the year. According to the...

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Whiskey and vodka is the favorite instead of champagne

Dom Perignon, the “drink of bankers”, has fallen 30 places in the ranking of the world's most popular drinks, so it does not belong to the 100 most popular drinks....

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German export increases

The exports of Germany increased so strong in March have not seen for 18 years. According to the Monday report of the Federal Statistical Office; the exports increased by 10.7...

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The Slovak industry has the momentum

Industrial production increased a greater extent than expected, by 19.2 percent in Slovakia, on an annual basis in March – announced the Slovak Statistical Office. In March, the Slovakian industrial...

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According to British researchers: organic farming is luxury

Organic farming brings much less yield and does not add significantly biodiversity – states a British survey. The researchers stated that the organic food is a luxury, that the world...

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Food consumption decreased, compared to 2000

The consumption expenditure was 750,309 HUF per capita for the people living in households in 2008, which was 23.5 percent higher in real terms, compared to 2000 – reports the...

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A great year start in the retail property market

On the European retail property market, the total value of investments reached 8 billion euros in the first quarter of 2010. This means a 42 percent share of total European...

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Position should be made to the domestic food producers

The market for the small family farm food products should be opened – said Font Sándor, agri politician of Fidesz in the Duna TV. The new government plans the establishment...

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Industrial production rose in March

Industrial production rose in March by 2.8 percent, unadjusted and adjusted from the working day effect, compared to the same period of last year – reported the Central Statistical Office,...

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There are many myths in connection with milk

Despite the fact that with their 68.9 liters per year consumption, the Hungarians have always been a “milk great power,” a 3 percent decrease occured in the Hungarian milk consumption....

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China further opens its market for African goods

China has set up the center for African goods, to promote the growth of imports from the black continent – announced the Commercial Misnistry. Yiwu city of the Chinese Zhejiang...

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We see the end of the tunnel – positive signs in the Hungarian economy

Again, growth can be faster than the EU average in Hungary from 2011, with less than 3 percent inflation and decreasing unemployment – forecasted at the background conversations of the...

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GfK: Fewer children, on a higher level

According to the research of GfK Hungária; Nowadays, fewer and fewer children born, but children, will probably live on a much higher standard of living, than their parents. At the...

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