Market News

A pleasant surprise in the inflation data

In August, consumer prices decreased by 0.6 percent and are 3.7 percent higher than in the previous year – reports the Central Statistical Office (KSH). Analysts expected a higher, 4...

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Cash-back – the cashier pays

Imagine, that we pay with card at a grocery store, but we also want to pick up cash. The cashier pay us the amount that we need, and subtract the...

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U.S. residents consumes not enough fruits and vegetables

According to a U.S. government report; The majority of Americans still do not eat enough vegetables and fruits and even the consumption decreases. According to the datas of CDC (Center...

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The growth of industry and the exports offset the falling agriculture and consumption

The Central Statistical offoice reported the same GDP data as the first flash estimations. On an annual comparision, GDP grew by only 1 percent in the second quarter, although the...

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Hungary's competitiveness has improved

Switzerland remains the most competitive country, while Hungary improved to the 52nd place from last year’s 58th. The survey of the World Economic Forum (WEF) ranked 139 countries and was...

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A growing number of advertising agencies on the shrinking adverts market

According to the latest datas of Opten; In the first half of this year, 11 percent more companies were involved in the advertising business than that were abolished. The growing...

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The price of Arabica breaks new peaks

The price of Arabica coffee increased to its thirteen years peak: on Wednesday, at the Intercontinental Exchange futures exchange, 1 pound (45.36 decagramme) of arabica increased by 2.4 percent to...

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The winners of the next decade, may be the supermarkets and the discounts

According to the recent analysys of GfK Hungária; between 2011 and 2020, the mini-chains will decline gradually, the growth of supermarkets and discounts is expected. The market share of hypermarket...

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One hundred percent Hungarian tomato

The quality of Hungarian tomatoes are among the best in Europe – turned out at the Ketchup Academy event of the Kecskemét-based Univer Product Zrt. The Univer Product Zrt., as...

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MagyarBrands program to come

This year the MagyarBrands program will be launched beside the Superbrands program, that was launched six years ago – told the organizer Superbrands Hungary on Tuesday to MTI. Navracsics Tibor,...

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At least 150 billion HUF damage in the Hungarian agriculture

This year's extreme weather caused at least 150 billion HUF damage to the domestic agricultural producers. Currently there is only 4 billion HUF in the compensation fund. Beside the sector...

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The majority of the employers do not plan dismissals or recruitments

According to the survey of Manpower; 70 percent of the domestic employers are not planning recruitment or dismissals, in the last quarter of 2010, while in the third quarter, the...

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School year start is too expensive

The majority of the 18-64 year-olds believe, that school start should cost less than 10,000 HUF, but for a first-grade student it can cost multiple – shows the joint survey...

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Temporary VAT increase in Slovakia

The Value Added Tax in Slovakia will be increased to 20 percent, from the current 19 percent – told Iveta Radicová Slovakian Prime Minister after the meeting of the coalition...

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Own branded products: 165 billion HUF in the first half of the year

Almost every fourth forint was spent on the own branded products of the chains. During the first half of the year, own branded products reached 165 billion HUF turnover in...

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The weak grape harvest does not cover the domestic wine consumption

The bad weather and the fungal infections decimated the crops in the Hungarian wine regions. The harvest can bring the lowest quantity of the past decades, which does not even...

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WTO: world trade expands, but the recovery is uncertain

According to the datas of the World Trade Organization; mainly in Asia and the emerging areas drag the world behind, Europe ails, while in the United States, everything is uncertain....

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The bank of the poor to be launched

In two and a half years, 400 million forint loan would be lent in the scope of the program. About 400 businessess can start, from the loan provided by Raiffeisen...

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One fifth of the Hungarians have savings

Majority of the savers see their current financial possibilities gloomy. The saving ability of the population decreased – shows the latest datas of the Raiffeisen-GfK Savings Index. "Beside the unsafe...

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German service sector accelarates

According to the Monday datas of the Statistical Office; The revenues of German companies operating in the service industry, grew by 5.3 percent in the second quarter. The German service...

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We can make 50 liters of ditillate, without paying excise tax

After the new rules over Pálinka distillery, entered into force we can make 400 liters of distillate at home. The distillate can also be sold, although this needs small-scale licenses...

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The FAO expects price increases, but not crisis

The Food and Agriculture Organization (FAO) of the United Nations estimates, that the extension of Russian grain export ban will not cause another food crisis. Although this may cause price...

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Hungarian meat exports to Vietnam and Laos

Hungary may be the third EU member state, which will sell its meat products in Vietnam and Laos – said Czerván György, Secretary responsible for agriculture, in the Rural Development...

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Bread prices may increase within 1-2 weeks

From the middle of this month, bread may be more expensive, at several stores. The price negotiations are now underway between the bakery businesses, the retail stores and the supermarket...

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Germans spent 3.9 billion euros on drugs without prescription, in the first half of the year

The turnover of nonprescription medicines and medicinal preparations decreased by 1.5 percent, to 3.9 billion euros, in the first half of the year in Germany, compared to last year’s January...

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The Chinese and U.S. manufacturing datas blew away the concerns

U.S. investors stopped their anxiety, after the better-than-expected U.S. manufacturing datas came in. The Chinese and the Australian datas also increased the improving business sentinel. Although adverse employment datas arrived,...

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European companies feel their position disadvantageous in China

European companies want equal treatment and similar access to the Chinese market, just as the Chinese companies – presents the EU Chamber of Commerce in China in its annual year...

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Goose feather and the goose liver may become Hungarikums

The new legislation will declare goose feather and the goose liver as Hungarikums – turned out at the consultations between the Poultry Product Council (BTT) and the Ministry of Rural...

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Food prices on two year peak

Global food prices increased in August for the third consecutive month. FAO’s global price index increased to its two year peak. The FAO food price index – which records the...

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The world's second largest fast-food network to be sold

According to the informations of the Wall Street Journal; Burger King negotiates with a British private equity company, over the sale of the company. Several companies purchased Burger King from...

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