Market News

Thirteen percent pay gap among the genders

According to Merces.hu's latest online survey of payments; In Hungary, a woman earns an average 13 percent less than a male worker. During last year, 82 thousands people took part...

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The consumer environment deteriorates throughout Europe

According to the European Commission; In most states of the EU – including Hungary – the consumer environment worsened last year. In  Hungary, the index value for 2009 is 53...

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Falling German poultry stocks

Due to the ban of cage poultry breed, German poultry stocks reduced significantly- said the president of the German Association of Farmers. According to Gerd Sonnleitner, more than 15 percent...

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The annual market of energy drinks is over 14 billion HUF

Energy drink retail sales continue to increase, and exceeded 14 billion HUF, between 2009 February and 2010 January. That's 15 percent more, than in the previous comparable period – reports...

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Consumer groups are risky

The Financial Supervisory Authority (PSZÁF), the National Consumer Protection Authority (NFH) and the Economic Competition Office (GVH), are warning about the dangers of consumer groups in their common resolution. The...

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World trade has not been fallen so big for 70 years

The volume of world trade decreased by 12.2 percent in 2009 – notified the World Trade Organization. The WTO has officially confirmed that China – ahead of Germany – became...

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Italian style icon in Hungary

Emporio Peroni, the exclusive shop of Peroni Nastro Azzurro has opened at the most fashionable avenue of Budapest, the Andrassy Avenue, close to iconic Italian brands, such as Gucci, Armani...

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Since Hungary’s EU accession, the number of pigs decreased by nearly two million

Currently, the number of the Hungarian pigs are on Austrian level, about 3.2 million – said Menczel Lászlóné, secretary of the Livestock and Meat Product Board (VHT). The expert added...

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Partial success in the Slovak-Hungarian Tokaji Case

The European Commission deleted the Slovakian entry from the community register, that registered the Tokaji name among the protected geographical indications, in a benefit to Slovakia. But the Slovakian claim...

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Consumer durables market falling for one and a half year now

While we must spend on food, durable goods are not so important. The datas show the decline in demand. The decrease of the consumer durables market continues. According to GfK...

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Eurozone: 2 percent decline in industrial orders

In January 2010, the industrial orders within the Eurozone showed a 2 percent monthly decline, after the 0.8 percent increase of December. This is really a big surprise, because expectations...

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Battle for EU labeling

The Which? British consumer magazine sent jam donuts to all members of the European parliament, to protest against the planned changes in food labeling. The British consumer group states, that...

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Expanding British retail

British retail sales rose in February excess of the expectations, thanks to the record level sales of household goods. On the basis of the datas of the British statistical office;...

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The demand for quality sweets continues to increase in the Easter season

In the 2009 Easter period, the Hungarian consumers have been observed despite to high quality, despite the crisis, because twice as many high-quality chocolate candy was purchased than products made...

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Slow way out of the crisis

The recovery from the crisis, its speed and durability – especially the most important to us in the EU – is uncertain and a fragile process – states GKI. In...

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Nearly half of the investments came to Budapest

46 percent of investments of the country, came to Budapest last year, in addition the concentration increased in the last two years. The per capita investment was 823 thousand HUF...

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Retail sales: decreased by 5.5, increased by 0.6 percent

The retail sales datas of January 2010, adjusted from the calendar effect, decreased by 5.6 percent, compared to the same period of last year, but rose by 0.6 percent, compared...

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Easter ham traffic remained stable

Consumers continue to purchase Easter ham. Retail sales increased in value by 5 percent, in quantities by 1 percent last year in the March-April season, compared to the previous year's...

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Decreasing trade – increasing black economy

According to the Central Statistical Office; trade sales in January were less than a year earlier. Due to the decline last year, this reflects a very negative consumer market –...

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Decreasing expectations in wages

According to Workania.hu web job site; the expectations of job searchers fell to 166,700 HUF for an average wage in 2010, while in 2009, the expected to average wage was...

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The 102nd Social Store opened in Dombóvár

At the weekend the 102nd social store opened in Dombóvár. In the retail network – that was the initiative established by MAGOSZ – the fruits, vegetables basic foodstuffs of Hungarian...

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Last year a 30 percent decrease in sales of processed fruit occured

According to the president of the Hungarian Fruit and Vegetable Interprofessional Organisation and Marketing Council (FruitVeb) less fruit is expected this year than in 2009, although last year, the sector...

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The first self-service warehouse opened in Hungary

Nearly for 50 years, a large part of Americans do not store unnecessary stuff at home, rather in self-service stores. In the specially-built warehouses anyone can rent storage place. The...

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Wet wipe and baby powder sales strengthened

As the Nielsen Retail Index states, baby wipe value sales were up by 2 percent and reached HUF 4 billion last year, while volume sales also gained 1 percent. Baby...

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