Market News
A mass of Hungarian pigs are carried to Romania
Date: 2009-08-06 00:00:30
At the eastern border of Hungary, Romanian purchases and deliveres a large mass of Hungarian pigs often on the back seats of Dacias, to get support after a few months...
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Wine reform comes soon
Date: 2009-08-05 00:09:00
The second phase of the EU wine market reform in Hungary started in early August. The relevant EU legislation is already available in two weeks – said Csaba Horváth, Secretary-General...
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Most people want the taxation of luxury items
Date: 2009-08-05 00:06:00
Most people would fill the loss of state revenues with the taxation of luxury items, while consider the financial sector and the car industry more negative. According to the survey...
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French farmers have to pay 330 million euros back
Date: 2009-08-05 00:04:30
According to the decision of the European Commission the French fruit and vegetable producers should pay back unfair state aid received between 1992 and 2002. Agricultural Minister Bruno Le Maire...
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The SME prosperity index of Ecostat has improved
Date: 2009-08-04 00:12:00
According to Ecostat’s prosperity index; the expectations of domestic SMEs, became better. The production forecast, for the next quarter is the best since last October; 22 perccent of the companies...
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Six times more import milk arrives to Hungary than before the EU connection
Date: 2009-08-04 00:11:00
At the beginning of the year, the purchasers gave 90 HUF per liter for high-quality milk, now only 59 HUF. According to experts the purchase price was reduced because there...
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United States – the manufacturing index is nearly 50 points
Date: 2009-08-04 00:10:00
Due to the improved sales outlooks the pessimism of the manufacturing companies decreases in the U.S.: the purchasing manager index of the ISM Institute rose from 44.8 points to 48.9...
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German retail is not in a very promising position
Date: 2009-08-04 00:09:30
In contrast to expectations, German retail sales were significantly reduced on monthly basis in June and even the 0.4 percent increase of May was modified to a 1.3 percent decrease,...
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The majority wouls spend more on environmentally-friendly products next year
Date: 2009-08-04 00:06:00
According to the results of WPP Group's more than 5,700 people asked, involving seven-countries survey, that showed that despite the recession and the higher prices, it is worth to buy...
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Chances for Agriculture during the crisis
Date: 2009-08-04 00:03:00
Although the financial and economic crisis put a big impact on agriculture, according to experts, the crisis also has significant potential in the sector. For example crediting agriculture is less...
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Labor control at Lake Balaton
Date: 2009-08-04 00:00:00
Irregularities had been found at 87 percent of employers and 71 percent of employees during a control action of the the National Work and Labor Inspectorate at Lake Balaton. The...
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Nielsen’ Consumer Confidence Index reached its peak in July
Date: 2009-08-03 00:09:00
According to Nielsen market research company’s usual monthly survey; after the 37 points nadir of March, measured 48 points of consumer confidence, which is the highest result of the year,...
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GKI forecasts – looking forward to the nadir
Date: 2009-08-03 00:08:30
According to the joint forecast of GKI Economic Research Institute and Erste Bank the nadir of the economic downturn is still ahead of the Hungarians. The national GDP expected to...
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World trade getting lively again – according to WTO
Date: 2009-08-03 00:07:00
The 250 billionUSD of incentives is beginning to affect especially in Asia – reported Pascal Lamy, Main Director Of World Trade Organization (WTO) this weekend in Johannesburg. Lamy noted in...
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Nearly seven thousand department closed in Great Britain
Date: 2009-08-03 00:04:00
According to Local Data Research (LDC) from the elapsed part of 2009 about 12 thousand independent retail shops and 7 thousand departments of large department stores have closed. A year...
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Cheap goose and duck liver
Date: 2009-08-03 00:03:30
Eight-ten euros per kg price reduction can be experienced on the market of duck and goose liver, which is also put strongly back the duck and goose stock. The participants...
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Retail: dynamism despite crisis
Date: 2009-07-31 00:07:30
Big part of the domestic retail investments were in an advanced stage, at the start of the crisis, so closure would have cause a greater loss, than completion,so there was...
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Eighty-five percent of the small and medium-sized enterprises do not expect bankruptcy
Date: 2009-07-31 00:07:00
According to the confidence index research of the K and H Bank; Two-thirds of the micro, small and medium-sized enterprises introduced restrictive measures since last autumn, because of the crisis....
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Organic food does not improve health
Date: 2009-07-31 00:06:00
The British Food Standards Agency after the most comprehensive research of the last 50 years, has come to the conclusion, that the consumption of organic food does not improve health...
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The product sellers join forces in Békés County
Date: 2009-07-31 00:05:00
The government will assist in the South Plains region of the three main product sellers but the other product sellers of Békés County will not receive support. Many of the...
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New regulations in poultry-farming from 2012
Date: 2009-07-31 00:04:00
After 2012, the European Union did not authorize the use of traditional poultry cages. According to the new regulations the base area should be increased by 25 percent and less...
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Foreign trade balance can be improved due to a decline in consumption
Date: 2009-07-31 00:03:30
According to the datas of KSH, the trade balance for the first five months of this year showed 455 billion HUF (1.528 billion euros) assets. According to analysts; foreign trade...
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Germans have not drink so less beer since two decades
Date: 2009-07-31 00:03:00
Beer consumption in Germany is in a big decline. Germans have not drink from their national drink so less since 1991. According to the Federal Statistical Office, during the first...
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Falling advertising market
Date: 2009-07-31 00:01:00
In the first half of the year a 7.5 percent reduction on tariff prices had been measured on the domestic advertising market by TNS Media Intelligence. The spendings of the...
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Consistent agri payment system from 2010
Date: 2009-07-30 00:09:08
According to Gráf József Agricultural and Rural Development Minister, the government decided to introduce the consistent agri payment system (SPS) in Hungary next year. In the Minister’s opinion the introduction...
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This year, there will be 20-25 percent less cereals production
Date: 2009-07-30 00:08:00
The harvest of cereals and oilseed rape completed in Hungary. According to GOSZ; that due to the bad weather conditions 25-30 percent less cereals were produced. Vancsura József, Chairman of...
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Shop Network of Magosz offers social bakery and home-made milk
Date: 2009-07-30 00:07:00
Even social bread and social roll have appeared on the food shelves of the social shops selling food shelves. Some stores operate home-made milk machine as well. In the social...
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Pessimistic consumers in the USA, the UK retail sector in decline
Date: 2009-07-30 00:06:30
According to the survey of Conference Board the consumer mood of the U.S. population continued to decline in July, due to the worsening of employment situation. In Great Britain, retail...
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Desperate Russian beer producers because of the triple tax increase
Date: 2009-07-30 00:03:30
Russian breweries asked Prime Minister Putin, that the government should think again the threefold increase of beer tax. The Finance Ministry's proposal for next year would increase from the current...
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Austrian tourism declines during the crisis
Date: 2009-07-30 00:01:00
According to the Austrian Statistical Office;.32 million foreign guest nights recorded in Austria which is a 8.2 percent declinem, compared to the same period of last year. From Germany, which...
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