Market News

No more wasting money

GfK Hungária’s research comprising the year 2009 pointed out that after clothing and travelling, Hungarian households also had to start economising on the food budget last year. In the first...

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Soproni Blaufrankisch united

Sopron region wineries established Hungary’s first collective wine trading company, Soproni Kékfrankos Kft. The company’s assortment is made up of 28 excellent wines from 15 Sopron wineries, alongside the famous...

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Choosing a store and shopping decisions in front of the shelf

Nielsen’s new ShopperTrends survey revealed that a wide selection of products, a good price-value ratio and good quality are the most important competitive advantages for a retail chain, but domestic-owned...

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Minor growth in the processing industry

In January 2010, industrial domestic sales prices were 1.8 percent higher in comparison with the previous month and 1.6 percent higher in comparison with January 2009. Domestic sales prices by...

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Farm Goods shop in the capital

Great interest surrounded the Farm Goods shop opened in February at the Havana estate. The owners of the company purchasing food directly from the producers of rural areas are planning...

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The Sunday opening hours of shops may be limited in the autumn

The law to restrict the opening hours of shops on Sunday may be modified in the autumn – said Harrach Péter, representative of the Fidesz-KDNP in the Monday issue of...

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The market of frozen goods to transform

Ambiguous picture emerges in the domestic market of frozen foods. Some manufacturers, distributors are optimistic, saying the sky is the limit in the dynamically developing sector. Others, however, are more...

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U.S. economy slowly turns into the right direction

The U.S. economy recovery looks robust already we can talk about “self-sustaining recovery” – summarized the USA Today newspaper the opinions of 46 leading economists. The current 9.7 percent unemployment...

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The honey industry improving dynamically in Romania

Romania's honey production may increase by 10 percent this year, reaching 23,700 tons. Romania’s honey production last year, was 21,500 tons, while 20 000 tons in 2008. The number of...

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The Californian Hungarian-American Chamber of Commerce has formed

The Californian Hungarian-American Chamber of Commerce has formed aiming to build a bridge between the Hungarian and the Californian business interests – the Hungarian MTI informed by the Los Angeles...

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OKSZ: commercial sales fell in February

According to the datas of the Central Statistical Office; the retail trade in February was smaller than a year earlier – states the National Trade Association. Unfortunately, not only the...

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Slowing growth in the UK

The British economy’s growth rate has already slowed after barely begun. According to the preliminary estimation based on partial datas, growth was 0.2 percent in the first quarter, half of...

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Fewer children and more work for women

According to OECD’s most recent report, over the Status of Women; Hungary is among the backmarkers, in terms of women employment – reports Népszabadság. Women give birth to fewer children...

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Last year’s honey crop was weak-medium

The drought spring left its mark on this year’s results. Last year was a weak-medium year for beekepers. Over the past five years, last year's export volume was the smallest...

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The price of apples may increase!

Due to the unusually cold weather of the recent weeks, a decline will occur in quantity of apples from China's northern part. This may easily result in a price increase...

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The German economy is expanding

According to the latest forecast; a 1.4 percent growth is expected in Germany for this year and 1.6 percent for next year. The Ministry of Economic Affairs in Berlin, yesterday...

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The U.S. producer prices increased more than expected in March

U.S. producer prices increased in March more than expected – the U.S. Labour Department reported Thursday. Producer prices increased by 0.7 percent, compared to February, when a 0.6 percent decrease...

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Decrease in draft beer consumption in Hungary

The economic crisis affected badly the Hungarian domestic beer industry also. Last year, a more than ten percent decrease occured in turnover. While, due to the decline in exports, the...

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Too much rain threatens the crops

Two or three dry weeks would be needed in agriculture, to accelerate the works up and the crop vegetation to gain its absence. According to Tóth István, secretary of the...

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Thirty percent of the Hungarians having breakfast irregularly or never

In Hungary, 30 percent of the adult population having breakfast only irregularly or never – states the April fast report of McReggeli. The datas of the survey show, that 80...

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Lidl and Tesco would expand in the poorest Member States

Bulgaria, the poorest Member States of the European Union is expected to be the favorite target of retail chains in the next few years, the main market players have already...

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The ZEW index caused surprise

The German ZEW economic sentiment index increased higher than the expected 45.1 points, to 53 points in April, from the 44.5 points of March. The EURUSD bounced above 1.35, the...

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The Retail Top List 2009 is out now!

Tesco, CBA and Coop was the ranking in 2009 Nielsen’s 2009 ranking shows that Tesco is the food and chemical product retailer with the highest turnover, followed by CBA and...

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The Icelandic vulcano eruptions can hinder the economic recovery in Europe

The European aviation experts say that the air limitation can be so long, that it can affect the economic growth this year, and the post-crisis recovery as well. The current...

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The GKI consumer confidence index is almost on its four-year peak

In April, the seasonally adjusted value of the GKI prosperity index continued to increase. The value of the GKI consumer confidence index increases strongly after the low point of April...

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New business applications

Those businesses can tender for a total of 23.5 billion of EU funds, which tender for the New Hungary Development Plan’s (ÚMFT) now published in three appeal. Support applications can...

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The GKI consumer confidence index is almost on its four-year peak

In April, the seasonally adjusted value of the GKI prosperity index continued to increase. The value of the GKI consumer confidence index increases strongly after the low point of April...

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Due to EU rules the price of eggs may increase double-fold

The price of eggs may be doubled, if the producers have to introduce the new animal-friendly breeding techniques. The development could cost up to 50 billion HUF to the industry,...

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Retail should respond to the demographic challenges

Just like in the major part of Western Europe, Central and Eastern European (CEE) countries also facing long-term demographic challenges, just like the stagnation or decreasing of the population and...

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Improved global economic forecast

The performance of the World Economy expected to be increased by 4 percent this year, but this is still mainly the result of the stimulative measures, so a slower growth...

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