Market News
340 thousand German companies become insolvent since the turn of the millennium
Date: 2009-12-30 00:01:01
In Germany, 5 million employees were involved in corporate bankruptcies, since the turn of the millennium. According to Creditreform; about one out of five workers are involved. Since the turn...
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Russian vodka market may become whiter
Date: 2009-12-30 00:00:39
Dmitry Medvedev, recently made an unexpected statement, in order to protect Russian vodka market. They would introduce a minimum price, in order to increase legal consumption. According to the plans...
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After three bad years, comes the fourth
Date: 2009-12-29 00:08:25
2009 was a very bad year for the trade, traders, consumers and suppliers, and the first half of 2010 is prospected to be weak also – said Vámos György, the...
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Ruling would stop further indebtedness
Date: 2009-12-29 00:07:25
According to the Government Spokesman Bureau’s communication sent to MTI; the government decided on its last year's meeting over the responsible retail lending and credit conditions on regulation. The regulation...
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Direct marketing should not to be cancelled due to the crisis
Date: 2009-12-29 00:04:55
The economic difficulties have also affected the direct marketing market: while the demand for database updates increased, the campaign orders reduced and illegal data usage increased. According to Bartók János,...
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Christmas present: back to the “sender”
Date: 2009-12-29 00:04:11
The Christmas rush ended on 24th of December in most places. In the shops that are open on Sunday 27th and on 28th December, the changing back fewer has begun....
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German energy is getting greener
Date: 2009-12-29 00:01:08
Sixteen percent of electricity consumption in Germany comes from renewable energy. The share of wind, biomass and hydro energy supplied plants increases significantly. N24 TV’s report quoted the Handelsblatt which...
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British company leaders are optimistic
Date: 2009-12-29 00:00:59
Six years ago the British business leaders were less optimistic about the prospects of the British economy as it is now, and their optimism is tend to confirm with the...
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United States: the recovery may last for years
Date: 2009-12-29 00:00:35
The U.S. economy will be affected by the crisis, for a long time. Although the growth forecasts are favorable and new jobs will be established, the unemployment rate may stagnate...
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Large price increases may come in Romania
Date: 2009-12-29 00:00:00
According to the Bucharest daily newspaper, the Új Magyar Szó; the excise tax increase is one of the main reasons that the price of fuel may increase by 20, electricity...
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Meat, coffee and mineral water retail sales increased
Date: 2009-12-28 00:03:04
According to Nielsen market research company; The value of food retail sales rose by 2 percent, between December 2008 and November 2009, compared with the previous comparable period. In quantity,...
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Retail has not shaken by the crisis
Date: 2009-12-28 00:01:59
While in the first half of the year it appeared that this year wll be about the collapsing of the mass-retail businesses, in the second half, it became clear that...
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Hungary on the bottom of Central Europe
Date: 2009-12-28 00:01:35
According to Calyon’s analysts; in 2010, the lowest growth and the highest inflation will be in Hungary in the Central European region, compared to the Czech Republic and Poland. The...
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Internet commerce profits from the crisis
Date: 2009-12-28 00:01:01
Internet commerce develops with missile speed and the crisis has a main role in it – states the report of the Organization for Economic Cooperation and Development (OECD). The acceptance...
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GDP and consumption expansion in the United States
Date: 2009-12-28 00:00:55
The U.S. GDP increased by 2.2 percent, in the third quarter instead of the estimated 2.8 percent – reported the U.S. Department of Commerce. Consumption increased in October and November...
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The crisis affects the Christmas celebration of the Hungarian firms
Date: 2009-12-28 00:00:37
In many places, events were cancelled, some places there were no Christmas trees and companies saved on the bonuses of the staff and gifts of the partners. The Ipsos surveyed...
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Dismal Christmas season
Date: 2009-12-28 00:00:25
Especially in this year's Christmas season became dismal – said the shop owners to web portal Origo. The hopeful business plans of the merchants were destroyed by the unusual cold...
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China will be the world's second largest economy soon
Date: 2009-12-28 00:00:12
Last year's economic growth index was revised upward in China, which – according to analysts – helps the country to overtake Japan and to become the world's second largest economy,...
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Retail sales fell further in October
Date: 2009-12-22 00:03:55
According to Central Statistical Office; the retail sales volume were 7.5 percent below in the first ten months of 2009, compared to last comparable period. Compared to the previous month;...
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A growing number of internet bank cards users
Date: 2009-12-22 00:03:21
The number of online stores are growing in Hungary. MasterCard's latest research seeked for the answer to what proportion of customers using the Internet card or other payment instruments. The...
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Gömböc in Shanghai
Date: 2009-12-22 00:02:21
The Hungarian pavilion at the Shanghai World Expo must be ready until 15th March, trial will start on 1st of April. The star of the Hungarian stand will be a...
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Green supermarket chains already warns during purchase
Date: 2009-12-22 00:01:09
Öko-Pannon starts a campaign with the 5 leading supermarket chains; the Cora, the Kaiser's, the Metro, the Profi and Spar, to highlight the importance of the separate collection of non-returnable...
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Slovakian koruna will disappear next year
Date: 2009-12-22 00:00:08
From January next year, one should not be indicate the prices in koruna on the Slovakian retail market in, only need to be indicated in euro. The Slovak retailers claim...
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More stimulus is needed – said Nobel laureate economist
Date: 2009-12-22 00:00:02
Joseph Stiglitz laureate economist again expressed pessimism. In his opinion the U.S. economy may drop back in the second half of 2010. The government should work on a second stimulant...
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At the end of year 15 million bottles of champagne consumed
Date: 2009-12-21 00:02:07
In Hungary, around 30 million bottles of champagne is sold annually, roughly half of this consumed by the end of the year, during the Christmas and New Year shopping period....
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The December turnover is just like the 5-6 years earlier
Date: 2009-12-21 00:01:55
According to the National Trade Association’s (OKSZ) communication; December’s trade turnover fell to the 5-6 years earlier level. The volume of goods decreases since 2007. In December, the total trade...
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Sausages rush in November and December, 5 thousand tons sold last year
Date: 2009-12-21 00:01:07
Accdording to Nielsen market research company; Close to 5 billion HUF, approx. 5 thousand tons of sausages were sold in November and December last year. Thus, 19 percent of the...
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GKI’s short-term index is on its last October level
Date: 2009-12-21 00:00:59
The sharp increase of GKI’s short-term index continued in December, after a halt in November. The index is increasing since May, except November. The consumer confidence index -after a strong...
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Hungarian farmers can suffer the worst among EU farmers
Date: 2009-12-21 00:00:28
According to EU's statistical office, the Eurostat; in the 27 Member States of the European Union a 12.2 percent reduction had been occured in the per capita income in the...
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Cocoa and coffee deficit may come
Date: 2009-12-21 00:00:09
On Friday, the future quote of cocoa decreased by more than 5 percent in New York, losing its whole exchange-rate gains of December. The price of cocoa is still in...
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