Market News

Food retail sales are stable in value, declined 3 percent in volume

The value of food retail sales remained about 1,300 billion HUF, between February 2009 and January 2010, compared with the previous same period, as measured by Nielsen market research company....

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Wineries want harder actions

Tokaj-based wineries expects harder actions from the Hungarian government, in relation with the usage of the name Tokaji. Slovaks also registered the name Tokaj in the EU. The local wine-growing...

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Hungarian products, from Hungarian store – a regional unity

The “Hungarian products, from Hungarian store” program will be launched at the end of the month, in the Tab region- announced Mészáros István, vice president of the Hungarian Leader Association,...

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An increase in German industry, have not seen for six years

The German industrial orders increased by 4.3 percent in January, compared to December. Such an increase has not measured, since December 2004. According to Carsten Brzeski, analyst of ING; the...

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The British government would terminate the VAT-free of food

The British government is considering the termination of VAT-free of food, in order to reduce the unprecedented deficit. Currently there is no value added tax on the basic foods, that...

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Contaminated, and candied honey found by the authority

Carcinogenic antibiotics honey was found by the Agricultural Office in several large chains of stores. The contaminated products with nitrofuran derivatives were recalled. Nitrofuran is carcinogenic, must not be used...

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This year, the foreign trade surplus can be higher than last year

According to analysts; the foreign trade balance in 2010, can close with a surplus of 5-6 billion HUF, because significant expansion is not expected in imports, due to the low...

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The number of pigs increased in 2009

After long-term decline, the decrease of the pig population in Hungary has stopped, even a minimal growth appeared last year. In Hungary one third of the pigs are from abroad....

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Hungarian food is safe

The Hungarian food safety meets the EU's average, the Hungarian food is safe – states Szeitzné Szabó Mária Director-General of the Hungarian Food Safety Office (MÉBiH). The Director-General said that...

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The future of the food industry

The verticum of the entire food chain has big problems, despite the fact that the global economic crisis did not shaken the sector so much, as the other industries –...

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20-30-40 percent discounts: Start of the Spring Coupon Days

After the huge success of previous online coupon actions; between 10-14 of March, the largest domestic online coupon collecting site will organize the Spring Coupon Days again. In the scope...

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Eurozone: weak retail datas

The January retail sales in the euro zone, decreased by 0.3 percent, one-tenth lesser extent than expected. According to the datas of Eurostat; sales annually decreased by 1.3 percent in...

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Hungarian organic products are getting more popular

According to the survey of Szonda Ipsos, made in December 2009; Last year, we bought food more conscious than a few years ago. The survey shows that, nearly 80 percent...

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Fewer new businesses, increasing number of bankruptcy

After the decrease in January, the number of liquidations and winding-up proceedings increased again in February in Hungary, compared to the previous year – states Opten. According to the communication...

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Coface: The fifth of consumers do not pay

According to the survey of the Coface Hungary; in the Hungarian business life, 20 percent of the customers could pay, but do not want to, 30 percent do not pay...

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Excessive administration to disrupt the day-laborer work

The employment of tens of thousands casual workers and more than thousand firms that employs day laborers can be in danger, after the 1st of April – states the Hungarian...

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(HU) Elvérezhetnek a szállodák

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The number of malls increasing in the Eastern European region

Last year, nearly 160 supermarkets were opened in Eastern Europe. Although the pace of handing overs have slowed down, since the record number of 2007, almost 1,000 malls to be...

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Fair Trade for the poorer countries

More and more companies are joining to the initiative of Fair Trade, committing that during the manufacture of their products, do not cause environmental damage and will not explore local...

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Coffee production decreases, due to climate change

According to the datas of the International Coffee Organization (OIC); the coffee production declines worldwide, but demand is rising. In the last 25 years, the temperature increased by half a...

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OECD against food price fluctuations

To fight against food price fluctuations and to guarantee the income of workers in the agricultural sector were the main themes of the two-day meeting of the agricultural ministers of...

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Recession can end after seven quarters

According to the forecast of GKI Economic Research Co., made in cooperation with Erste Bank; Recession can end in the Hungarian economy in 2010. In the middle of 2010, the...

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Hungarian dairy industry will receive 3.56 million

The European Parliament's Budget Committee released the 300 million euros reserve for the dairy sector last week. Hungarian dairy industry will receive 3.56 million euros. All registered milk producer can...

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Money is getting more and more important in our lives

According to the public opinion research of Ipsos and Reuters News; in 23 countries representing 75 percent of the world's GDP – money is more important for the two third...

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The U.S. economy improves

According to the datas of the U.S. Commerce Department; the gross domestic product of the United States grew by 5.9 percent between October and December 2009, compared to the 2.2...

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