Market News
GKI: The foreign market demand and the EU support can help in recovery
Date: 2009-11-30 00:06:28
According to the forecast of GKI Economic Research Co., in cooperation with Erste Bank; This year, in the Hungarian economy a 6.5 percent decline and future stagnation is expected. The...
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This year, Americans spent more on Black Friday
Date: 2009-11-30 00:01:01
Retail sales on Friday increased slightly, by half a percent in the United States, which is traditionally one of the busiest day of the Christmas shopping period. Retail sales showed...
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Different bargaining positions in the food industry
Date: 2009-11-30 00:00:50
The domestic food companies were not prepared for the EU's competition, the high charges, only further increase their vulnerability in competition – said Éder Tamás, President of the National Food...
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The deodorants and shower gels are the most popular
Date: 2009-11-27 00:04:59
According to Nielsen; decorative packaging toilet preparations and cosmetics are becoming more and more popular as Christmas gifts. More than 3 billion HUF worth of gifts were sold last year...
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Hungarian corruption is far above the world average
Date: 2009-11-27 00:02:01
According to the assessment of PricewaterhouseCoopers (PwC); The most common type of abuse is corruption in the Hungarian business life. Its 81 percent incidence rate is much higher than in...
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Growing proportion of late payments
Date: 2009-11-27 00:01:12
According to Direktinfo; the more than 90 day payment terms, over the past half year, rose from 9 percent to 16 percent. The average delay in payment is more than...
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Our cell phone can became our second wallet
Date: 2009-11-27 00:00:55
In Hungary, 23 percent of the population over 18 year, regularly use their credit card for payment, while 81-82 percent own mobile phones providing electronic payment – states the research...
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The dangers of the liberalization of the agricultural trade
Date: 2009-11-26 00:04:12
The liberalization of agricultural trade without regulation would jeopardize the global food security. Only the international investment funds and speculators would benefit from the liberalization, not the poor. Warned, Jacques...
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The JÓFEJ website has been renewed
Date: 2009-11-26 00:02:54
The JÓFEJ (sober, responsible driver) campaign of the Hungarian Association of Beer Manufacturers has been renewed. The action has been expanded by the Web 2.0 community. The Hungarian Association of...
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New wine instead of old wine
Date: 2009-11-26 00:02:01
The tradition of new wine is the integral part of Hungarian wine culture. The new wine means the wine that was born on St. Martin’s day. The fresh wine can...
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Growing problems in the dairy sector
Date: 2009-11-26 00:01:35
The loss of producers is currently 15 HUF per liter. The processors give 55-60 HUF for a liter, the shops around 100 HUF and the customers purchase it for 180-220...
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Twenty-two thousand liters of illegal liquor will be destroyed
Date: 2009-11-26 00:00:58
Twenty-two thousand liters of illegal liquor of the the past two years, will be destroyed at the Sátoraljaújhely sewer plant, like beer, wine, champagne and aroma – reported MTI. The...
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Christmas advices from NFH
Date: 2009-11-25 00:05:10
The National Consumption Defender Office (NHF) drew the attention on conscious Christmas shopping, at the authority’s press conference. This year electrical products are likely to be the most problematic products...
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Agricultural enterprises can tender for 14 billion
Date: 2009-11-25 00:04:01
According to the Hungarian Chamber of Agriculture tenders can be submitted until 15th December for the certain elements of the National Diversification Program (NDP). The 52.4 million euros support is...
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Optimistic German business mood
Date: 2009-11-25 00:01:25
The German IFO business sentiment index in November improved to 93.9 points, instead of the expected 92.5 points. The current economic situation assessment index increased to 89.1 points, while 88...
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The EU would change the e-trading rules
Date: 2009-11-25 00:00:28
The EU will amend the cross-border electronic (Internet) trade rules in the European Union. The need of the change incurred after experts concluded that the e-commerce requirements are contradictory, makes...
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Retail trade further suffers
Date: 2009-11-24 00:06:28
According to KSH; retailers, in the first nine months of 2009 reached a 4.4 lesser turnover and a 7.3 percent less turnover in September, compared to the same period last...
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We buy less and less for Christmas
Date: 2009-11-24 00:06:01
According to the datas of the GfK Hungária Market Research Institute; we spend less and less every year in the Christmas season. The consumption of daily consumer goods has a...
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The EU's employment decreased by four million
Date: 2009-11-24 00:05:12
According to the annual report of the European Commission; since the beginning of the international economic crisis, more than 4 million jobs had been lost in the European Union. The...
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European milk market revival
Date: 2009-11-24 00:03:21
Mariann Fischer Boel, who is in charge for agriculture in the European Commission reported about an improving milk situation on the agriculture ministers meeting of the member states of the...
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Chocolate Santa Claus: two billion turnover expected
Date: 2009-11-23 00:07:54
According to Nielsen market research company; Two billion HUF retail turnover is expected from Chocolate Santa Claus figures, if the growing trend of the past few years continues. The population...
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The improvement of economic expectations stopped in November
Date: 2009-11-23 00:07:12
In the eleventh month of 2009 after about half a year-long fall then after half year of rose – the increase of the seasonally adjusted values of GKI’s economy index...
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Agriculture will be in a critical situation in 2010
Date: 2009-11-23 00:05:59
The Constitutional Court will not decide in the case of the introduction of the single farm supporting scheme (SPS) this year. Thus, from 2010 the support for certain sectors should...
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Half of the Hungarian costumers would buy Hungarian product
Date: 2009-11-20 00:06:19
According to Ipsos Zrt.’s crisis survey; The population insists on Hungarian goods mostly in cases of food products, especially meat and sausages, milk and dairy products, as well as fruit...
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Less flyers, shorter actions
Date: 2009-11-20 00:05:11
According to the report of GfK Hungária Market Research Institute; the number of special magazines, leaflets and the validity of the actions also decreased from January to September this year,...
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Three hundred million of the EU dairy sector to assist
Date: 2009-11-20 00:03:17
According to yesterday’s agreement of the European Parliament and the ministers of EU Member States; 300 million euros will be spent to help out the dairy sector. "It happened for...
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Great Britain is the cheapest
Date: 2009-11-20 00:02:01
According to a survey that tested the chain of stores of the Western European countries; Great Britain is the cheapest in obtaining basic consumer goods. The Which? market research company...
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Europe's largest mall opened in Istanbul
Date: 2009-11-20 00:00:32
The Forum Istambul is waiting its customers with a 175 thousand square meters purchasing area. This is more than four-fold of Westend City Center’s, base area. Five thousand new permanent...
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Quality Santa Sweets
Date: 2009-11-19 00:05:12
According to the Hungarian Confectionery Association; last year 943 tons of sweetness was taken into the boots of the children and the loved ones. This volume is the best ever...
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Hungarians eating fish mainly at Easter and Christmas
Date: 2009-11-19 00:04:29
The Hungarians are seasonally fish consumers. Fourty percent come onto plate around Christmas and Easter. Hungarians like carp the most. Although the per capital amount of fish consumption increases by...
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