Market News
Warming, favors the quality of domestic wine
Date: 2009-10-12 00:02:39
In qualitative terms, this years vintage can be the best vintage of the recent years, because the average quality of the 2009 wines is very high – claimed the latest...
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U.S. spirit consumption increased
Date: 2009-10-12 00:02:11
According to AC Nielsen’s statistics; There was a large increase in the four weeks until 19th September in the volume of spirits, sold in the United States. The biggest winner...
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Regulation would hinder the too easy shop openings
Date: 2009-10-12 00:01:25
According to the new trade law entered into force 1st October, shop openings become much simpler, but it seems only temporary. The legislators would conclude certain foods sales to prior...
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Romania wants the agriculture commissioner post in vain
Date: 2009-10-12 00:00:15
José Manuel Barroso, the President of theEuropean Commission think inconceivable that Romania will receive the Agriculture Commissioner Post – reported by the Hotnews Romanian site referred to Brussels sources. According...
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Drugstores are expanding. Body cream, deodorant, and diapers are the favourites
Date: 2009-10-09 00:03:55
According the Nielsen market research company; The turnover of the Hungarian drugstores decreased by 4 percent, between August and September 2008, compared to the previous comparable period, thus, the size...
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Law Proposal on environmental product fee is ineligible for a general debate
Date: 2009-10-09 00:03:01
The suggestions of the Hungarian Chamber of Agriculture were not built into the law proposal, connecting with the environmental product fee. The National Assembly Agriculture Committee declared the proposal ineligible...
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Mostly the workers will suffer the tax burden on Cafeteria
Date: 2009-10-09 00:02:35
According to experts, the majority of the companies will debit the increasing tax burden of Cafeteria to the workers, from the 1st of January. However, it is unlikely that the...
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An annual 2.5 billion eggs produced in Hungary
Date: 2009-10-09 00:02:01
In Hungary 1 percent less eggs were consumed last year, than a year earlier – said Földi Péter secretary of the Poultry Product Council (BTT) on the International Egg Day....
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The world's number one consumers prefer saving
Date: 2009-10-09 00:01:00
U.S. public credit has been reducing for the seventh month in August, after households decreased their consumption and the banks have reduced the crediting limits. According to FED datas; the...
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The Hungarian proposals could cure the milk crisis
Date: 2009-10-09 00:00:55
The Hungarian proposals could help to resolve problems of the EU milk market, if – in part or in whole – the EU would accept the Hungarian proposals – said...
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Food industry aid on the horizon
Date: 2009-10-08 00:02:00
Within the course of the New Hungary Rural Development Program (UMVP), new food industry supports will be launched, in order to support increasing values of agricultural products. The projects focuses...
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Christmas can glitch in its past glitter
Date: 2009-10-08 00:01:55
It seems that the supermarket chains now expect that the crisis will be end for Christmas. Marks & Spencer, for example, expects such a traffic increase that the chain will...
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Romanian retail shrinks, although with decreasing tempo
Date: 2009-10-08 00:01:00
According to Bucharest Statistical Office; The Romanian retail trade turnover declining with a smaller rate, for the second month. The willingness of public spending is also hindered by the slowdown...
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Searching for tomorrow’s breakfast in Switzerland
Date: 2009-10-08 00:00:21
The joint venture of Nestlé SA and General Mills, Cereal Partners Worldwide (CPW) specializing on cereal products – announced recently, the opening of a new innovation center in Orbea Switzerland....
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Another crisis can hit the economy
Date: 2009-10-07 00:04:25
According to Coface Hungary Credit Rating; This year's poor financial numbers will only appear in next year’s business ratings and more companies will enter to a worse category. In recent...
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Csányi Sándor: About the break out points of Hungary
Date: 2009-10-07 00:02:32
The Hungarian innovative capacity exists, but can not be applied – states Csányi Sándor in a video interview of Figyelő. The OTP Chairman and CEO would put the emphasis on...
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The price of cocoa is on its quarter century peak
Date: 2009-10-07 00:00:55
The March term cocoa prices increased to its 24 and a half year peak on Monday afternoon, because of the unfavorable outlook for the global supply. Investors worry of cocoa...
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GfK: stable consumer confidence
Date: 2009-10-06 00:03:55
According to the joint survey of GfK Hungária and the Corvinus University; consumer confidence appears to be stabilized. Beside the Consumer Confidence Index, the consumer expectations index also stagnates compared...
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Eurozone’s retail shrank less-than-expected
Date: 2009-10-06 00:03:12
The euro zone retail sales decreased by 0.2 percent, instead of the expected 0.5 percent decrease in August compared to the previous month. Behind the positive data the minor boom...
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Harvest can end until the end of October
Date: 2009-10-06 00:02:00
So far, about 60 percent of the grapes were harvested by the farmers, so this year's harvest can last until the end of October. Because of the favorable weather conditions,...
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Hungary can export poultry from Bács-Kiskun and Csongrád counties again
Date: 2009-10-06 00:01:23
The U.S. authorities terminated the import restrictions of the poultry, poultry meat and eggs of Bács-Kiskun and Csongrád counties. According to the American assessment, Hungary has the animal health control...
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Women decide about the family cash nowadays
Date: 2009-10-05 00:04:02
GfK Hungária Market Research Institute has examined what attributes belong to a typical man nowadays. The research showed that the majority of men consume alcohol, do not smoke, but do...
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Bankruptcy continues
Date: 2009-10-05 00:03:51
According to Opten Company Information Service; The number of bankruptcies more than doubled in September, compared to the previous month. After the positive surprise of August, the datas return back...
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A huge gap opened between exports and imports
Date: 2009-10-02 00:04:43
According to the Central Statistical Office; the foreign trade balance surplus in July was 528 million euros, compared to the previously reported 548 million euros. The balance of the first...
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The impetus of consumer confidence has broken
Date: 2009-10-02 00:04:21
According to the September survey of Nielsen market research company; After the summer improvement, consumer confidence fell in September. Domestic employment opportunities continue to be the least favorable, in the...
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Dairy producers will get support from October
Date: 2009-10-02 00:04:02
It is expected that dairy producers will be given the extra additional fundings of 15-16 billion HUF in mid-October – stated Gőgös Zoltán, the Secretary of the Ministry of Agriculture....
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The most of the resources of agriculture are from the EU
Date: 2009-10-02 00:03:59
After the EU accession the financing of agriculture had to placed primarily market driven, because the EU prohibits direct state intervention – said Gőgös Zoltán secretary of the Ministry of...
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The expansion of the economy stopped after two months
Date: 2009-10-02 00:02:00
The joint acceleration index (GYIA) of Világgazdaság and Ecostat, declined by 0.36 percent in September, so after the increase of the past two months, the expansion of the real economy...
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German retail: this was not the expected data
Date: 2009-10-02 00:01:30
The German retail sales fell in August much larger, than it was expected. The German Federal Statistics Office announced, that 2009 year August retail sales decreased by 1.5 percent. On...
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Far less grain grown in Ukraine compared to last year
Date: 2009-10-02 00:00:45
Ukraine grain harvest of this year is expected to be less, than in last year. In 2008 53.3 million tonnes grew, but only 47 million tonnes expected this year. According...
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