Market News

Advance payment of agricultural support arrives soon

Agricultural enterprises preparing for technological development can acces requested advance payment in one or two weeks. According to Gőgös Zoltán the Secretary of the Ministry of Agriculture and Rural Development:...

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The administrative burden should be reduced Europe-wide

According to the survey of the European Commission: small and medium-sized enterprises states, that administrative and regulatory burdens are the most serious problem. Reducing the administrative burdens with 25 percent...

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Retail datas from the Czech Republic are better than expected

The Czech retail sales in March decreased significantly smaller than, what analysts expected. Comparing to the same period of the previous year the retail sales in Czech Republic, decreased by...

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Buying less from the same

According to the latest research of GfK Hungária, households tend to buy less from the normal day-to-day consumer products. Inspected by Hungária GfK and the Corvinus University, the complex of...

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End of excessive consumption?

The crisis forces people in United States and Europe as well for saving as much as possible. According to many experts, ‘the culture of forced consumption’ will not return. Due...

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Bad news from the U.S.A.

Instead of stagnation, 0.4% decline has occurred in the U.S. retail sales during April. Easter period could not help retail turnover. Comparing to the the same period of previous year,...

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Cafeteria – 200 thousand HUF plus per year

According to the analysis of Hewitt Human Consulting Ltd. the optional system of fringe benefits does not increase the long-term commitment of the workers, but can contribute greatly of their...

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Wine distillation support from EU source

Those producers who has a fix delivery contract with commercial distilleries can receive wine distillation support. According to the statement of  the Agriculture and Rural Development Office, an applicant is...

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Two hundred thousand Romanian companies are on the edge of bankruptcy

Thirty or thirty-five percent of listed companies in Romania will put an end to its activities because of the introduction of the flat-rate tax – states the President of the...

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Consumer expects improved in May

After more than half-year of falling, the seasonally adjusted values of the GKI consumer confidence index has been increased by 4 points in May. According to the survey supported by...

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Negative record of the corporate prosperity index

According to the survey of MKIK Institute and Business Analyst Institute the corporate prosperity index fell into a record low level of 18 percent, in April. The survey made by...

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Low producer prices in agriculture

After two years of dynamic growth, the agricultural producer prices decreased with 3 percent in 2008 states the most recent analysis of Kopint-Tárki and Agri-Europe ltd. Producer prices in 2006...

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Coffee prices increases

Analysts have believed that the economic crisis will reduce prices and will drop back demand. However the price of coffee started a rapid increase due to strong demand, instead of...

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Shopping malls are empty

Once people were justling in shopping malls, many of these malls are almost deserted now. According to experts, this is not only because of the economic crisis, the redistribution of...

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The proportion of domestic products can be 80 percent from July

In July, the agreement, of producers, processors and traders will come into force that efforts should be made to increase the proportion of the domestically produced products from the current...

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The jobs of Cowboys are in danger

Raw milk’s price is about 55-61 HUF / kg which is a 31 percent decline to the same period of previous year's. If the purchase price stays under 60 HUF...

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Vegetables, fruits, black economy

Black economy has a 40 percent proportion in the vegetable and fruit sector. The Marketing Board believes that the primary production system is obsolete and would be better to introduce...

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Small shops purchases discount priced goods

Noone knows, even the market researcers that how much of the big Food trade chains’, discount goods land the shelves of independent merchants at a higher price. Often, in a...

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Decreasing prices in Slovakian shops

The Slovakian chain of stores had to reduce their prices, because their costumers were shoppping in Hungary due to the weak Forint. The Hypernova, the Ahold, operator of Albert chain...

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Prospects for oilseed market

In recent years, cereals and oilseeds industry were the Hungarian agriculture’s most integrated sectors at the international market. However the recent price fluctuations and the saturation of the European biofuel...

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“Choose Domestic!” – web site encourages on purchasing Hungarian goods

The creators of magyar-termekek.hu collects not only the Hungarian products, but the domestic manufacturers and the chain of shops too. They emphasizes that with the purchasing of domestic products of...

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A Reduce in consumption, but improving balance

According to GKI Economic Research Ltd. and Erste Bank's 2009 prognosis: recession continues an deepens for a while, but pessimism all over the world is decreasing. The Hungarian economy on...

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US Fast-Food turnover declined

The fast-food segment posted a 1 percent year-over-year drop in traffic during the quarter that ended in February – the first venture into negative territory since the same quarter in...

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The Hungarian origin of the goods is getting more important to the costumers

After the good quality and the appropriate price, domestic origin has become the third most important criterion in selecting a product.  Slight increase has been experienced in the ground of...

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Digital shelf tags in shops

A new breed of Digital shelf tag systems appeared in Hungary. The centrally controlled data display informs the customers more reliable and cheaper in the long-terms. The price changes, different...

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Retail will fall back due to the reduction in the pensioners' income

Reduction of the thirteenth monthly pension can reduce pensioners' income down with 8 percent lower. Elderly people can save on eating primarily. The statistics show that the pensioners purchase more...

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A truce in the American-European customs war

After thirteen years the American-European customs war because of the hormone-treated U.S. beef can end.  The worst part of the conflict was at the end of George W. Bush term...

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The epidemic may be a pretext to restrict trade

The agriculture ministers of Mexico, the United States and Canada called on governments not to use the flu on the introduction of trade restrictions – the BBC reported. Almost 20...

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Surprising results of the latest food safety research (X)

The research result of GKI draws attention to the importance of food safety developments. GKI Economic Research Ltd’s research shows that 24% of the domestic population generally does not  believe...

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Reduced turnover of the products of traditional firstling

Due to the dealers experience the turnover of vegetables and fruits fell heavilycompared to past year. Customers have less money and due to the weak forint, imports became more expensive....

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