Market News
ÉFOSZ recommendation for the renewal of the food industry
Date: 2010-05-14 00:01:50
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
Date: 2010-05-14 00:01:37
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
Date: 2010-05-14 00:01:00
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
Date: 2010-05-14 00:00:45
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
Date: 2010-05-13 00:01:45
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
Date: 2010-05-13 00:01:30
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
Date: 2010-05-13 00:01:22
“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
Date: 2010-05-13 00:01:10
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
Date: 2010-05-13 00:01:00
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
Date: 2010-05-13 00:00:50
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
Date: 2010-05-13 00:00:30
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!
Date: 2010-05-13 00:00:10
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
Date: 2010-05-12 00:01:45
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
Date: 2010-05-12 00:01:37
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
Date: 2010-05-12 00:01:13
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
Date: 2010-05-12 00:01:00
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
Date: 2010-05-11 00:01:45
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
Date: 2010-05-11 00:01:22
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
Date: 2010-05-11 00:00:40
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
Date: 2010-05-11 00:00:30
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
Date: 2010-05-11 00:00:20
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
Date: 2010-05-11 00:00:10
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
Date: 2010-05-10 00:01:49
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
Date: 2010-05-10 00:01:32
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
Date: 2010-05-10 00:01:25
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
Date: 2010-05-07 00:01:53
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
Date: 2010-05-07 00:01:40
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
Date: 2010-05-07 00:00:10
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
Date: 2010-05-06 00:01:50
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
Date: 2010-05-06 00:01:30
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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