Market News
A decrease in the average retail price of milk
Date: 2010-02-08 00:01:29
According to Nielsen; More sold from the milk products with high volume in 2009, than in 2008. Retail turnover increased by 10 percents in the case of cheese, fruit yogurt...
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Industrial production fell last year to the bottom
Date: 2010-02-08 00:01:22
According to the preliminary datas of the Central Statistical Office; the volume of industrial production was 17.7 percent lower than in 2008. The industrial production, compared to the same period...
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Farm goods in Budapest
Date: 2010-02-08 00:01:08
Farm goods store opened in Budapest on Saturday. The shop aims to market only farms producing food, produced by the farmers. Chladek Tibor, creator and owner of the shop, that...
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Cheaper wine test helps the marketing of wine
Date: 2010-02-08 00:01:00
Good news for the domestic wine-makers: from February, especially in the cases of high-quality wines, the test before the marketing of the products, will cost only 24 thousand HUF, instead...
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Unpleasant Christmas surprise from Germany
Date: 2010-02-08 00:00:18
Germany’s industrial production had fallen sharply in December, in spite of the analysts’ expectations of a slow growth. According to the datas of the Ministry of Economic Affairs; the output...
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China do not need the U.S. chicken leg
Date: 2010-02-08 00:00:02
Beijing introduces anti-dumping duty on imports of chicken meat from the United States, from the 13th of February. According to the Chinese position; the United States filled China with chicken...
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Hungaricums: the quantity would delete specialty
Date: 2010-02-05 00:05:21
Cult, but marginal – as Mangalica breed was described by Tóth Péter, head of the National Association of the Mangalica breeders to Világgazdaság. According to Tóth Péter, Mangalica meat is...
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Service industrial data is worse than expected
Date: 2010-02-05 00:03:11
The U.S. ISM purchasing Service industrial purchasing manager index, increased to 50.5 points in January, instead of the expected 51 points, from the former 49.8 points. The business activity index...
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Hungarian wine makers protest in a proclamation
Date: 2010-02-05 00:00:59
Famous wine-makers ask the newly-created Community Wine Marketing Ltd. to not sign up new applications. The signatories of the manifesto do not understand, that who made the operation of the...
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Foreign trade turnover increased in November
Date: 2010-02-04 00:03:25
According to the Central Statistical Office (KSH); after a 13 month decline, foreign trade turnover increased again, in last November. Export increased by 2.7, while import by 1.1 percent, compared...
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Advertising market decreased last year
Date: 2010-02-04 00:01:59
According to the most recent datas of TNS Media Intelligence; Calculated on list price, Hungarian advertising market decreased by 7.4 percent in 2009. Statistics show, that the advertisers spent 44...
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Euro zone’s service industry momentum declined
Date: 2010-02-04 00:01:25
According to Markit Economics; Euro zone’s service sector decreased moderately in January, compared to December, but the final datas are better than expected. The value of the service industry purchasing...
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Companies are confident at the beginning of the year
Date: 2010-02-04 00:01:19
Ecostat’s business confidence survey shows the moderate improvement of the companies. The value of the TOP-100 enterprise index was 71.8 percent. The value of the small-and medium-sized enterprises was 67.8...
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German retail improves
Date: 2010-02-04 00:00:55
While the German economy shrank by 5 percent last year, the retail sales declined less than expected, on an annual basis and December turnover expanded, compared to November. After the...
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The number of insolvent companies can break records
Date: 2010-02-03 00:05:02
According to the latest analysis of Dun & Bradstreet (D&B), risk management expert; Another Hungarian insolvency peak can be expected in 2010, but the pace of deterioration of the companies...
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Hungarian market by phone
Date: 2010-02-03 00:04:18
After Rákospalota, the Hungarian market, distributing only domestic products, arrived to South Buda’s Albertfalva Market. The organizers are already planning further developments: soon the phone ordered goods will be delivered...
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The MFB gives the source to the SME sector
Date: 2010-02-03 00:03:59
According to the Hungarian Development Bank (MFB); Considerable resources are available for the Small and Medium Enterprices. The Small and Medium Enterprices can get access to SME credits in the...
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Both Hungary’s and the Euro Zone’s manufacturing industry expanded
Date: 2010-02-02 00:05:11
Euro Zone’s manufacturing industry expanded further beyond expectations. The shrinkage began in September 2008 has stopped in Hungary. The Purchasing Manager Index expanded in January compared to the previous month....
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Online shopping is getting more and more popular
Date: 2010-02-02 00:04:02
According to the “2009: Trends and attitudes” research of Gemius E-Commerce; Fourty percent of the Hungarian internet users are relatively experienced in online shopping. The research shows that almost all...
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German beer consumption decreases for years
Date: 2010-02-02 00:03:55
The Germans consumed less beer in 2009, than a year before. According to the Federal Statistical Office; the sales of the domestic breweries and beer storages, decreased by 2.8 percent....
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The old payment system is adverse for animal breeders
Date: 2010-02-02 00:03:01
Comparing the land based and the new SPS system, it is revealed, that the current system favors the plant growers working at smaller areas, while the new sytem would favor...
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We are dissatisfied with the climate programs
Date: 2010-02-02 00:01:33
According to the new survey by Ipsos Global @dvisor, carried out on behalf of Reuters News; only 35 percent of the adult population of 23 countries (that gives 75 of...
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Consumer rush did not occur in the United States
Date: 2010-02-02 00:01:00
Despite the fact, that the huge chains were bombing the customers with actions, in December, the U.S. households spent less, than expected. Only a 0.2 percent increase occured, in household...
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Improvement in external debt, stagnant real wages
Date: 2010-02-01 00:04:59
According to the forecast of GKI Economic Research Co. made with the cooperation of Erste Bank, Hungarian economy will stagnate in 2010, but the external balance will show assets. The...
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More and more managers are getting optimistic about the future
Date: 2010-02-01 00:03:59
According to the Global CEO Survey of the PricewaterhouseCoopers; The CEOs left behind their fears, about the prolonged recession. The year earlier pessimism is replaced by trust in future growth....
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Consumer protection take care of pálinka
Date: 2010-02-01 00:03:24
The National Pálinka Council and the National Consumer Protection Authority signed a cooperation agreement, in order to help quality pálinka consumption on Thursday in Budapest, in the Ministry of Agriculture...
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The annual turnover of cosmetics and household chemical products is 300 billion HUF
Date: 2010-02-01 00:03:12
Last year, the retail turnover of the household products and cosmetics increased by 1 percent, compared to the previous year and is around 300 billion HUF. Nielsen market research company...
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More and more costumers buy abroad, due to VAT increase
Date: 2010-02-01 00:02:05
Household consumption decreased, due to the increase of VAT rate from 20 percent to 25 percent it also “fattened” black economy, and weakened tourism – states the National Trade Association....
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A six-year record in the U.S. economy
Date: 2010-02-01 00:01:59
According to the communication of the Ministry of Commerce; GDP grew by 5.7 percent, which is much higher result, than the 4.6 percent that the analysts expected. In the third...
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U.S. indices records
Date: 2010-02-01 00:00:12
Manufacturing activity showed a revival in January. The Chicago purchasing manager index increased to 61.5 points from the 58.7 points of December reaching a level not seen for two years....
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