Market News
Sugar price increases towards
Date: 2010-01-11 00:00:42
After in 2009 the price of sugar almost doubled, this year resulted a new peak, have not seen since January 1981. The main reasons of the price boom are: the...
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We do not trust in the improvement of our financial situation
Date: 2010-01-08 00:06:21
According to the latest joint survey of GfK Hungária and the Corvinus University; consumer confidence is stable, the value has not changed since October 2009, currently standing on 146.1 points....
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Unfavorable turn in european retail
Date: 2010-01-08 00:05:58
According to Eurostat’s datas; an unexpected turn has occured in the euro area retail trade, because sales in November dropped by 1.2 percent, after the 0.2 percent increase of the...
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Increasing inflation in the OECD
Date: 2010-01-08 00:05:28
The most recent, last November inflation data measured in the Economic Cooperation and Development (OECD) member states, can be interpreted as the slow restart of demand and the sign of...
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Special tax on fast food supply
Date: 2010-01-08 00:01:01
The Romanian Ministry of Health would introduce a new tax for fast-food products, announced Cseke Attila Minister, who said that tax should be paid after fast-food, sweets and carbonated soft...
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One theft per minute in the English shops
Date: 2010-01-08 00:00:02
Shocking crime datas have been published in Great Britain. Due to the impact of the crisis, one billion pounds worth of goods disappears from the shops annually, and the number...
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Almost one-third more companies bankrupted last year, than in 2008
Date: 2010-01-07 00:05:01
According to Opten company data provider’s datas; Last year in Hungary, 15 066 companies bankrupted, 31.5 percent more than a year ago. This is consistent with the prior expectations, but...
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The unemployment rate increased by nearly 3 percent in a year
Date: 2010-01-07 00:03:49
According to Central Statistical Office; The number of employees between age 15 and 74, in September-November of 2009 was 3.79 million, the number of unemployed was 445 thousand. This is...
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U.S. economy can be drop back in recession
Date: 2010-01-07 00:02:33
After the Columbia University’s Nobel laureate professor, Joseph Stiglitz and Martin Feldstein of Harvard University warned against excessive optimism, a Nobel laureate Paul Krugman also made obscure projections about the...
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China exports more than Germany
Date: 2010-01-07 00:00:58
According to the October report of Global Trade Sevices; On the exports world rankings China overtook Germany. In the first 10 months of 2009, Chinese companies exported a total of...
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Spirits market keeps on
Date: 2010-01-06 00:04:02
The excise tax and VAT increase, did not shake the Spirits market. The datas of Nielsen market research co. show, that the consumer prices of bitters rose by 6 percent,...
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Thematic malls to come
Date: 2010-01-06 00:03:02
An international consulting firm expert sees the 2010-11 future of the Czech retail market in thematic malls, that will offer the range of product by concentration, for example, only restaurants,...
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Euro zone’s manufacturing performance is above 50 points for the third month
Date: 2010-01-06 00:02:59
Euro zone’s manufacturing performance increased to 51.6 points in December 2009 from the 51.2 points of November. The new orders index decreased to 53.6 points, compared to the preliminary 53.9...
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Without structural reforms
Date: 2010-01-06 00:01:06
According to the Hungarian Chamber of Commerce and Industry (MKIK); 2009 was a wasted year in the aspect of economy participants – said Parragh László, president of MKIK. The biggest...
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The average price of pasta slightly decreased
Date: 2010-01-05 00:04:26
The annual retail sales of pasta exceeds 26 billion HUF, between December 2008 and November 2009, just like a year earlier. The shops sales are steadily over 52 thousand tons...
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The Hungarian corporate sector activity is bad
Date: 2010-01-05 00:04:02
According to the recent Statistics on financial accounts released on Monday; the Hungarian corporate sector activity has never been so deep, as in the third quarter of 2009. The datas...
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The French-Hungarian connection is buoyant, despite the crisis
Date: 2010-01-05 00:03:02
The Hungarian-French Chamber of Commerce counting more than 200 members, aspires on to mobilize the French-Hungarian business community, in order to exploit business opportunities effectively. In the Hungarian economy, the...
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Free trade in Asia: 2 billion consumers
Date: 2010-01-05 00:02:01
From the 1st of January 2010, Free Trade Agreement will come into term between China and the six ASEAN member countries (Indonesia, the Philippines, Thailand, Singapore, Malaysia and Brunei). The...
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Non-uniform treatment at card requests
Date: 2010-01-05 00:01:10
The banks could refer on their own internal business rules at Széchenyi card requests, so there are no uniform criterias of the confiscation. According to a loan consultant; whole sectors...
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Russians do not need chlorinated poultry
Date: 2010-01-05 00:00:02
Russia bans the importation of chlorine clened poultrym, from the 1st of January – announced the leader of the Russian High Authority of Health. The decision does not affect the...
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Last year, the arable crop reduced by one fifth, compared to 2008
Date: 2010-01-04 00:02:11
In 2009, in the case of crops, an average of more than 20 percent decline has occured in volume, compared to 2008 – said Gőgös Zoltán, Secretary of the Ministry...
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Excise tax increases by ten percent
Date: 2010-01-04 00:02:03
After the 2009 excise tax and VAT increase, from the 1st of January 2010, alcohol and tobacco excise tax increase will occur again. The consumers will detect only minor price...
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Italian wine imports makes the living of wine producers harder
Date: 2010-01-04 00:01:50
Slightly less than the annual average, about 3-3.5 million hectoliters of wine are in the cellars after harvest, while the domestic consumption of wine, according to estimations; are about an...
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U.S.A.: improving labor market prospects
Date: 2010-01-04 00:01:03
The lowest unemployment benefits claimed in the United States for the first time since nearly one and a half years ago. Last week -seasonally adjusted – the number of new...
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UK online stores won on weak pound
Date: 2010-01-04 00:00:55
According to the estimations of Moneybookers; 30 percent of French Internet customers, 22 percent of the Germans and Poles are purchasing in online UK stores. Moneybookers estimated that euro zone...
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Huge champagne campaigns in Western Europe
Date: 2010-01-04 00:00:18
The economic crisis has shaken the champagne market as well: due to the the stagnation of the demand, traders are offering the luxury drinks on discount prices. In France it...
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Less spendings, more bank card usage
Date: 2009-12-30 00:06:21
We spent less this year for Christmas, but used more our bank cards. The Christmas of 2009 is more modest than in the previous years – but we still spend...
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Hungarians are worried about the future of their children and their jobs
Date: 2009-12-30 00:04:55
According to Nielsen market research company; The Hungarians’ largest problems are with job security and the education and prosperity of their children, as well as the rising of energy prices....
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Alcohol trade – worse than the construction industry?
Date: 2009-12-30 00:03:01
Alcohol will be consumed well during the crisis – many people thought all over the world. But according to Hungarian company statistics, much more windings started in alcohol trade than...
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USA: More and more optimistic consumers
Date: 2009-12-30 00:01:29
In December, the American consumers' confidence in the economy increased again, the improvement is mainly due to the long-term prospects in the labor market. The Conference Board's consumer confidence index...
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