Market News
Optimistic German business mood
Date: 2009-11-25 00:01:25
The German IFO business sentiment index in November improved to 93.9 points, instead of the expected 92.5 points. The current economic situation assessment index increased to 89.1 points, while 88...
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The EU would change the e-trading rules
Date: 2009-11-25 00:00:28
The EU will amend the cross-border electronic (Internet) trade rules in the European Union. The need of the change incurred after experts concluded that the e-commerce requirements are contradictory, makes...
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Retail trade further suffers
Date: 2009-11-24 00:06:28
According to KSH; retailers, in the first nine months of 2009 reached a 4.4 lesser turnover and a 7.3 percent less turnover in September, compared to the same period last...
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We buy less and less for Christmas
Date: 2009-11-24 00:06:01
According to the datas of the GfK Hungária Market Research Institute; we spend less and less every year in the Christmas season. The consumption of daily consumer goods has a...
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The EU's employment decreased by four million
Date: 2009-11-24 00:05:12
According to the annual report of the European Commission; since the beginning of the international economic crisis, more than 4 million jobs had been lost in the European Union. The...
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European milk market revival
Date: 2009-11-24 00:03:21
Mariann Fischer Boel, who is in charge for agriculture in the European Commission reported about an improving milk situation on the agriculture ministers meeting of the member states of the...
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Chocolate Santa Claus: two billion turnover expected
Date: 2009-11-23 00:07:54
According to Nielsen market research company; Two billion HUF retail turnover is expected from Chocolate Santa Claus figures, if the growing trend of the past few years continues. The population...
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The improvement of economic expectations stopped in November
Date: 2009-11-23 00:07:12
In the eleventh month of 2009 after about half a year-long fall then after half year of rose – the increase of the seasonally adjusted values of GKI’s economy index...
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Agriculture will be in a critical situation in 2010
Date: 2009-11-23 00:05:59
The Constitutional Court will not decide in the case of the introduction of the single farm supporting scheme (SPS) this year. Thus, from 2010 the support for certain sectors should...
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Half of the Hungarian costumers would buy Hungarian product
Date: 2009-11-20 00:06:19
According to Ipsos Zrt.’s crisis survey; The population insists on Hungarian goods mostly in cases of food products, especially meat and sausages, milk and dairy products, as well as fruit...
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Less flyers, shorter actions
Date: 2009-11-20 00:05:11
According to the report of GfK Hungária Market Research Institute; the number of special magazines, leaflets and the validity of the actions also decreased from January to September this year,...
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Three hundred million of the EU dairy sector to assist
Date: 2009-11-20 00:03:17
According to yesterday’s agreement of the European Parliament and the ministers of EU Member States; 300 million euros will be spent to help out the dairy sector. "It happened for...
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Great Britain is the cheapest
Date: 2009-11-20 00:02:01
According to a survey that tested the chain of stores of the Western European countries; Great Britain is the cheapest in obtaining basic consumer goods. The Which? market research company...
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Europe's largest mall opened in Istanbul
Date: 2009-11-20 00:00:32
The Forum Istambul is waiting its customers with a 175 thousand square meters purchasing area. This is more than four-fold of Westend City Center’s, base area. Five thousand new permanent...
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Quality Santa Sweets
Date: 2009-11-19 00:05:12
According to the Hungarian Confectionery Association; last year 943 tons of sweetness was taken into the boots of the children and the loved ones. This volume is the best ever...
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Hungarians eating fish mainly at Easter and Christmas
Date: 2009-11-19 00:04:29
The Hungarians are seasonally fish consumers. Fourty percent come onto plate around Christmas and Easter. Hungarians like carp the most. Although the per capital amount of fish consumption increases by...
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Fewer employees are working for less real wages
Date: 2009-11-19 00:04:12
The gross average earnings in the first nine months of 2009 decreased by 1.2, the net average earnings were 1.8 percent, higher than in the previous year. The real wages...
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The crisis affects beer consumption also
Date: 2009-11-18 00:04:12
According to the survey of the Nielsen market research company; The Hungarian beer market decreased by six-seven percent in the last year. The Seven billion HUF fall is not new,...
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Food can be more expensive
Date: 2009-11-18 00:03:51
In short terms food prices can remain high because of the very delicate balance between supply and demand – claim international experts. Many say, it can cause a food crisis....
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New Gastro-lifestyle magazine on the market
Date: 2009-11-18 00:00:32
The unique taste and culinary-lifestyle magazine is entitled; ”Ízek és Érzések – Tastes and Emotions.” Beside the recipes using natural ingredients and seasonal foods, lot of useful and informative, articles...
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Christmas spendings are increasing in the eastern part of Europe
Date: 2009-11-16 00:04:57
According to the Christmas survey of Deloitte consulting firm; the Europeans are expected to reduce spendings in the middle of the crisis for Christmas and prefer useful, durable, less expensive...
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Hungarian GDP continue to fall in the third quarter
Date: 2009-11-16 00:04:28
The European Union's economy has started to grow in the third quarter of 2009, but Hungary is still ongoing to decrease, and several other countries in the region are in...
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Wine is still a good long-term investment
Date: 2009-11-16 00:03:12
On the wine market, the signs of prosperity continues to appear, especially with the rising demands of the Asian markets. Since January, prices have increased by 14-18 percent, only in...
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Goods shortages due to the shy merchants
Date: 2009-11-16 00:00:15
A lot of products ran out of stock in the U.S. stores, because the merchants despite the Christmas season are too shy to order large stocks, because of the crisis....
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The Consumer Confidence Index improved by 6 points in Hungary
Date: 2009-11-13 00:09:59
The Consumer Confidence Index improved by 6 points to 58 points in October compared to April. Thus the indicator but is still far from the pre-crisis level. The improvement is...
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The promoting of the quality Pálinka consumption continues
Date: 2009-11-13 00:09:54
The campaign aims to change general consumer attitudes to one of the most important Hungarikum, the Pálinka. The project developer the Agricultural Center (AMC), promotes conscious consumption. Everyone can find...
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Decline in agricultural prices
Date: 2009-11-13 00:08:21
According to the Central Statistical Office’s report the decrease of the agricultural prices continues. The prices are close to the low point of the decade. Az agrártermékek termelőiár-szintje 2009 szeptemberében...
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The cafeteria will stay, benefit will be reduced
Date: 2009-11-13 00:06:22
According to the survey of Sodexo Pass; two-thirds of the firms plan with the same cafeteria budget, for next year as this year. This means a one fifth reduction in...
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The inflation data is better-than-expected
Date: 2009-11-12 00:09:27
According to the Central Statistical Office; the consumer prices increased by 4.7 percent in October compared to last year and remained unchanged compared to September. Analysts expected a 4.9 percent...
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A hundred billion was spent on web purchases
Date: 2009-11-12 00:06:21
Although barely one percent of the annual domestic trade revenue comes from web, this amount is still close to100 billion forints. In 2009 Bookline became the Best Internet Trader.The quarter...
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