Market News
The Big Short – the Wall Street-story now out in Hungarian
Date: 2010-12-13 08:48:41
Michael Lewis's new book, The Big Short is a brilliant account – character-rich and darkly humorous – of how the U.S. economy was driven over the cliff. The Hungarian translation...
Read more
It was worth to expand the Széchenyi Card Program
Date: 2010-12-11 18:38:34
Experience so far shows that it was justified to expand the Széchenyi Card Program with working capital loan – said Krisán László, CEO of Ka-Vosz Zrt. to MTI. He recalled,...
Read more
We may spend more than 130 billion HUF in online stores this year
Date: 2010-12-11 14:07:58
According to an economic analyst; this year in Hungary, people may spend more than 130 billion HUF in online stores. Last year 99 billion HUF was spent on the Internet...
Read more
Hungarian farmers will be posted on the map
Date: 2010-12-11 12:38:59
The Gasztro Térkép Kft. would like to bring together the domestic agricultural producers, farmers, with food processors, restaurants, shops and hotels. The company founded this year, would like to create...
Read more
London analysts: we should not rely on the euro until 2019
Date: 2010-12-11 12:30:00
The earliest possibility for Hungary to join to the euro zone will be in 2019, probably together with Poland. The Czech Euro may be delayed for the 2020s years –...
Read more
Food-conderfeit scandal! Re-labelled, expired meat seized
Date: 2010-12-11 12:23:26
Shocking food counterfeit-scandal in Siófok: 110 kg re-labelled, expired meat was seized at a retailer in the city of Siófok by animal health authority on Wednesday. According to experts, three...
Read more
The German dairy farmers continue in Russia
Date: 2010-12-11 12:01:49
The dairy market in Europe is characterized by relatively low prices in the last two years, therefore, only in Germany, thousands of farmers quitted from cow breeding, however, there are...
Read more
The five percent VAT increase accelerated inflation in Romania
Date: 2010-12-11 11:46:09
In Romania, the annual inflation of November was 7.7 percent after October’s two year record of 7.9 percent – states the country's statistical office. The November figure is slightly lower,...
Read more
Magazine: Women like company, men prefer flavours
Date: 2010-12-10 23:14:01
Nestlé Lifestyle Centre has conducted an online survey, which revealed that it is important for Hungarians to enjoy meals – 95 percent of surveyees said so – despite that only...
Read more
People turned to inexpensive Christmas-packages, shower gel is the number one purchase
Date: 2010-12-10 18:58:40
The retail sales of Christmas packages containing cosmetics and personal care products excessed 3 billion HUF in the holiday season last year. They appear to be less popular now, however:...
Read more
Twenty thousand new workplaces might open in Hungary
Date: 2010-12-10 15:27:31
According to the Association of Hungarian Personnel Consultants and Hungarian People-rent Association, at least 20 thousand new workplaces will open if the frames of employment become more flexible in Hungary....
Read more
Over the past 12 months, prices rose by 4.2 percent
Date: 2010-12-10 13:01:50
In November 2010, the average monthly consumer price increase was 0.3 percent. Compared to last November, prices grew by 4.2 percent – reports the Central Statistical Office. In the first...
Read more
Milk production and procession is still inefficient
Date: 2010-12-10 12:46:05
In the quota year 2009/2010, the utilization of the national quota (2,050 tons) was not more than 76 percent which equals 1541.7 million kilogramms of retail and directly sold milk....
Read more
One part of the GDP would serve the conservation of hungaricums
Date: 2010-12-10 12:27:52
It is envisaged that a certain proportion of gross national income would support the hungarikum fund created for the protection and preservation of national values – said Lezsák Sándor, vice...
Read more
U.S. consumers are optimistic before Christmas
Date: 2010-12-10 12:22:50
According to the results of the joint survey of the University of Michigan and Reuters news agency; the U.S. consumer sentiment improved greater-than-expected in December 2010. The overall consumer sentiment...
Read more
The authority found forged egg powder
Date: 2010-12-10 12:01:45
According to the communication of the Hungarian Egg Association; in recent months, the Hungarian egg market has been flooded with a large volume of cheap Polish eggs and egg products....
Read more
Magazine: Private labels are getting stronger among premium juices as well
Date: 2010-12-09 21:30:00
The latest data by Nielsen do not reveal many new things to those who are familiar with the trends of the fruit juice market: sales continue to decline. Bálint Jencs,...
Read more
The Hungarian product regulation to come
Date: 2010-12-09 16:47:33
The ministry has finished the Hungarian product regulation – said Kardeván Endre, Secretary of State of the Ministry of Rural Development, on Thursday in Budapest. The decree will regulate the...
Read more
Industrial production and household consumption increased the GDP
Date: 2010-12-09 13:42:24
According to the final figures of the Central Statistical Office; the Hungarian economy grew by 1.7 percent in the third quarter, , which is slightly better than the preliminary estimation...
Read more
Dairy producers of the Union, unite!
Date: 2010-12-09 13:10:32
The milk producers in the EU may exert a stronger market position in the future. According to the suggestion of the European Commission published on Thursday; the EU would enable...
Read more
1,212 billion HUF surplus in trade balance
Date: 2010-12-09 13:07:02
In October 2010- according to the first estimation – the value of export reached 1796 billion HUF (6,519 million euros) and import amounted to 1,687 billion HUF (6,111 million euros)...
Read more
Food prices increased the least in the Tesco in a year
Date: 2010-12-09 13:01:54
The crisis tax imposed on commercial chains in November raised the food basket price of Privátbankár.hu. In the previous years, Privátbankár measured at the lowest prices in December, but this...
Read more
PSZÁF launches a Christmas consumer protection campaign
Date: 2010-12-09 13:00:59
The State Supervision of the Financial Organizations (PSZÁF) launches a consumer protection campaign from the 10th December 2010 to inform those who borrow consumer loans for Christmas. In the scope...
Read more
Raiffeisen: household consumption may increase next year
Date: 2010-12-09 13:00:40
(HU) ...
Read more
The larger half of Europe spends more on Christmas gifts than Hungarians
Date: 2010-12-08 14:56:47
While in Hungary three-quarters of the population spends up to 100 euros (about 28 000 HUF) on gifts in the Christmas season, in the majority of the European countries a...
Read more
The decline in traffic affects the SME sector the most
Date: 2010-12-08 14:55:53
The last two years of the crisis affected badly all the market participants. The participants had to face with different challenges in different sectors. Over the past two years, the...
Read more
The gel salon sugar is still the favorite
Date: 2010-12-08 14:54:51
In Hungary 4500-5000 tons of salon sugar are consumed per year, this is 1.5 kilograms per family. There are three price categories: low-cost products, these are typically below 500 forints,...
Read more
Turkey processors expect growth
Date: 2010-12-08 14:32:11
Despite the crisis, turkey processors close a good financial year and expect growth. A new market participant can also gain market share and enters into the competition of Gallicoop, Saga...
Read more
School milk program: the aid doubled, but many administrative obstacles remained
Date: 2010-12-08 14:25:16
Administrative obstacles hinder the expansion of the participants of the school milk program, even the support has been doubled, reaching 800 million HUF. – It is encouraging that the Government...
Read more
Amazon, Wal-Mart, Apple: the most mentioned brands on the net
Date: 2010-12-08 14:20:53
The Zeta Interactive market research company has compiled a list of the brands, which are the most mentioned on the Internet. The company measured not only the volume of the...
Read more