Market News

People drink less beer, more from beer cans, less from glass

According to GfK Hungária ConsumerScan; after the previous year's stagnation, in the first four months of 2009 the household beer consumption continued to decline. The decline affects only glassy products,...

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Billions for comfortable livestock

Pig and poultry holders can submit their claims for 10 billion HUF animal welfare support, to the Agriculture and Rural Development Office. The support this year, can be given from...

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Six out of ten women interested in healthy lifestyle during pregnancy

The Nestlé Lifestyle Center, online portal, after examining the questions of the readers, connecting to healthy lifestyle, found that women begin to pay attention of healthy lifestyle when preparing for...

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Every customer got a bill on the Hungaroring

On the basis of the inspections carried out, in and around the restaurants of the venue of the Hungarian Formula 1 Grand Prix, the inspectors of the Consumer Protection Agency...

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The retail turnover of meat products increased by 6 percent

According to Nielsen market research company, the retail value of meat products increased by 6 percent between July 2008 and June 2009 compared to the similar previous period. The size...

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It is worth to be in environmentally conscious in long-term

According to experts; the companies act good, if despite the crisis do not reduce the range of environmentally friendly goods for the benefit of cheaper products, but rather decrease their...

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Hungarian apricot is popular on foreign markets

The Italian, Austrian, South German, Czech, Slovak and Russian markets are interested after Hungarian apricot. Slowly, but year-to-year the apricot production area in Hungary is reducing. Now drought indisposed the...

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Wine safe at wineries

A growing number of wineries has developed small-sized containers – wine safes – in recent years, which allows professional placement of valuable wines for clients. Usually the the wine safes...

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Retail trade continued to decline in May

According to the communication of the Central Statistical Office; the volume of retail trade turnover in the first five months of 2009 was smaller with 3.6 percent and in May...

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The Hungarian canning industry is in double-fold

The Hungarian canning industry is still struggling with survival. While the demand is declining the production prices of the producers increased by about 20 percent.  Although the Hungarian Ministry of...

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Budapest is one of the best city to live in the region

According to the report of The Economist Intelligence Unit (EIU) of the London Economic Analyst House; from the EU countries in Eastern Europe, Budapest is one of the best city...

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Most people believes, that ads are economically useful

According to the survey of Nielsen market research company, made by the participation of 50 country; consumers do not hate advertising, so that a large majority of the ads play...

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Hypermarkets choose Hungarian fruit

The hypermarkets in their range of fruit and vegetable products, prefer Hungarian products because the Hungarian consumer usually prefer domestic fruit and vegetables and is more economical to buy from...

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The economic index of GKI improves for the third month

The seasonal adjusted volume of the GKI economy index increases since three months. Accordding to a the survey of GKI Economic Research Company with the support of the European Union...

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The European Parliament does not agree with the Commission in the case of milk

The European Parliament strongly criticized the European Commission, due to the insufficient action list of the dairy crisis. The majority of Specialists believe that the increase of milk quotas caused...

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British retail sector performed well

In June, the British retail datas increased by 1.2 percent, three times bigger than expected. The annual growth was 2.9 percent (2.2 percent had been forecasted). The development of the...

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Fruit juice production – as a family business

In the last period, the fruit processors operating as small family businesses have been multiplied. The increasing unemployment and the extremely low fruit price also play an important role in...

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Food prices remained high in the poor countries

According to an UN report; food prices will never return to the level of two years ago, before the price explosion. Prices will increase in the developed countries, with the...

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Trademark on Hungarian wheat

The National Association of Cereal Growers (GOSZ) created a trademark called Pannon Wheat that the producers could sell their extra quality wheat at good price on the markets, especially abroad....

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Cafeteria which is a special tool of motivation still worth it

According to the communique of Nexon; although tax will be charged to the fringe benefits, it will be worth to the companies from 2010-to avail themselves of these opportunities. The...

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World trade expanded last year despite the crisis

Global Merchandise export increased by 15 percent nominally and in real terms by 20 percent to 15.78 billion USD, while services increased by 11 percent to $ 3.73 billion USD...

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SZÖVET producer action in Budapest

The producers of the Association for the Living Tisza (SZÖVET) waiting their costumers at five locations in Budapest, in particular with peach, plum, apples, cherries, tomatoes, potatoes, and apricot. The...

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Lots of British pubs closed due to the crisis

An average of 52 UK pubs close every week because of the crisis. Last year, a total of 24 thousand people lost their jobs due to closure of pubs. In...

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MFB is still lending – with positive changes

The Hungarian Development Bank (MFB) has changed the financing of agricultural enterprises in three points. So far, more than 400 businesses get 19 billion HUF credit which was enough to...

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Brussels is not willing to reduce the milk quota

Milk quotas will not be reduced and the freezing of the gradual quota increase, decided last year – states the European Commission's report, which leaked to several news agencies before...

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LEI index: recession can end in the United States

The composite index of U.S. economic indicators (leading indicators), increased by 0.7 percent in June, which is higher than the expected 0.5 percent. It is the third consecutive month, that...

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The British Competition Authority against supermarket dominance

The British Competition Authority embraced the initiative, which would prevent the small local food markets against the domination of of large chains of stores. According to the Competition Authority; approximately...

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Agriculture expects one hundred billion HUF credit from banks

The Hungarian Agriculture Chamber sent a letter to Secretary-General of the Hungarian Banking Association Nyers Rezső that commercial banks to ensure the farmers' resource needs. According to experts of the...

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Great interest on the thirty-billion source

According to information provided by the Agriculture and Rural Development Office (MVH) 3800 applications had been received from farmers for agricultural machine support. The non-final data show, that the demand...

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Hungary may take action against Slovakia

If Hungary and Slovakia, do not agre in the common usage of Tokaj name Hungary may take the case into court to challenge Tokajská, Tokajská and Tokajsky names. According to...

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