Market News
EU-support to keep ewes
Date: 2010-12-26 10:34:52
According to data published by the Agricultural and Rural Development Office (MVH), a total of 5,812 farmers will receive an aid of more than 2.6 billion for keeping of ewe-...
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Magazine: Spaniards like supermarkets
Date: 2010-12-23 23:56:06
With its 45-million population, Spain is on of FMCG retail’s ‘Big Five’. Economic recession hit the country the hardest in the second quarter of 2009. In 2010 food retail in...
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25-30 percent of fish marketed in the last weeks of the year
Date: 2010-12-23 18:55:24
25-30 percent of the annual 30 thousand tons of fish production used to be sold in the last weeks of the year, especially around Christmas in Hungary – said Németh...
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Christmas gift for the producers: the take-over price of milk has been increased
Date: 2010-12-23 14:20:57
The dairy sector is in a better situation than a few months ago. The take-over price of milk increased by 20-25 HUF per liter – said Feldman Zsolt, the Deputy...
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Analysts still expect trade balance surplus
Date: 2010-12-23 14:13:48
According to analysts; the improving European business cycle has an impact on the Hungarian foreign trade. A surplus is expected in the foreign trade balance, however, the rate may slightly...
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Advertising market: online ads may supersede printed ads
Date: 2010-12-23 12:55:53
The online ad revenues may be bigger this year than printed ad’s in the United States – says Bloomberg referring to the projections of eMarketer. The online advertising market, just...
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The Association for Solidarity for society conscious purchase
Date: 2010-12-23 12:06:32
The Christmas period is the period of gifts, donations and charitable activities. The new initative of the Association for Solidarity gives ideas, that how we can help people on the...
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Consumer sentiment improved further in the United States
Date: 2010-12-23 11:59:28
Consumer sentiment is exactly in line with the expectations of the analysts in December, in the United States: the monthly sentiment index of the University of Michigan was 74.5 points,...
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Increased monitoring is expected at places selling fish
Date: 2010-12-23 11:56:52
The members of the Agricultural Office (MGSZH) will increase monitoring before the Christmas holidays at places selling fish – said the Ministry of Rural Development (VM). Some dealers do not...
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Magazine: The crisis did not bring the expected purification
Date: 2010-12-22 23:27:32
In the first nine months of 2010 the insolvency index of companies was up 18 percent from the same period last year. Coface Hungary forecasts an insolvency ratio above 6...
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Hungarians make food purchases influenced by commercials
Date: 2010-12-22 16:24:49
Influenced by a product- or brand advertisement, seven out of ten Hungarians have brought some sort of food in the past 12 months, wheras four of them have opted for...
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Nearly 3 percent drop in retail sales until October
Date: 2010-12-22 15:00:28
The volume of retail sales – on the basis of the calendary-adjusted data – remained essentially unchanged in October 2010, so overall the sales of the first ten months showed...
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Visa Europe: probably 38 million transactions on the last day before Christmas
Date: 2010-12-22 14:57:38
According to the analysts of Visa Europe; there is a chance that on the 23rd of December shopping turnover may reach a record in Europe – told the company to...
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Tons of contaminated tofu found at an illegal food factory
Date: 2010-12-22 14:05:02
Authorities found an illegal food factory in Vecsés, where tofu and maybe even meat was prepared for several months now, in commercial quantities. Only at the time of the raid,...
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Nézőpont Institute: We will have a more economical Christmas
Date: 2010-12-22 14:03:00
According to the survey of the Nézőpont Institute; 53 percent of respondents will spend less for Christmas shopping this year than last year, and just 7 percent of them pay...
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Buy honey-cake rather than poppy-seed roll in the supermarkets
Date: 2010-12-22 13:55:35
It is not worth to buy Christmas poppy-seed rolls in the supermarkets, because they do not sell high-quality. From honey-cakes many excellent products are available in stores – said the...
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This year's agricultural damages are around 150 – 180 billion HUF
Date: 2010-12-22 13:44:10
2010 was a poor year for agriculture, has not seen in decades,. The government also intends to give compensation from next year's budget. This year is very difficult year for...
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The world's largest economy grew more modestly than expected
Date: 2010-12-22 12:25:26
Contrary to the expectations of the Experts, U.S. GDP, grew more modestly in this year's third quarter than expected. According to the final datas of the U.S. Department of Commerce;...
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Gfk: More people listened to the radio in November
Date: 2010-12-22 07:12:38
The last autum-month of the year showed an increase in terms of time spent on listening to the radio, which led to a higher contact-number for advertisers. In November 2010,...
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The prohibition of selling price below cost price may harm the interests of the consumers
Date: 2010-12-21 19:35:55
According to the socialists; the law amendment idea may be anti consumer. The law amendment would prohibit sales below cost price in food trade – was said on yesterday’s agricultural...
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We rather save than borrow in 2010
Date: 2010-12-21 17:16:43
The population turned towards savings instead of loans in 2010. The debate on pension, increases financial awareness among the population. More and more people see the importance of long-term savings....
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The land acquisition moratorium remains for a further 3 years
Date: 2010-12-21 17:10:28
The European Commission approved the purchase of land moratorium for Hungary on Monday. This means the extension of land moratorium for a further three years for EU citizens who are...
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The German consumer confidence declined slightly
Date: 2010-12-21 11:39:55
Contrary to expectations, according to the survey of GfK AG, no further increase occurred. The German consumer sentiment, stayed near on its more three year peak of December. The January...
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Hungarian shopping tourism in Burgenland
Date: 2010-12-21 11:35:17
About 20 percent of the 35 million euros revenue of the stores of Burgenland is left by Hungarian Christmas shoppers – told the Economic Chamber of Burgenland to MTI. Most...
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Snowfall and icy roads are threatening the retail of the UK
Date: 2010-12-21 11:22:07
It might be, that the extraordinary snow will make the Christmas shopping in Western Europe impossible. In Britain for example, severe disruptions occurred in the transportation of goods, so the...
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The Church of England will open groceries
Date: 2010-12-21 11:19:57
England's largest Christian church, the Church of England encourages the managers of church buildings, to permit the operation of groceries with bank terminal facilities in the churces in almost every...
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Pay attention to the raw egg dishes
Date: 2010-12-21 11:10:08
Meals prepared with raw eggs and minced meat could be harmful to health, if they are not well prepared or boiled – warns the Hungarian Food Safety Office (Mébih), before...
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GKI: Forecast for 2010-2011
Date: 2010-12-21 06:56:23
This year economic trends were basically in line with the forecast of GKI prepared in September 2010. The Hungarian economy is recovering slowly from the recession. In the world economy...
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Law proposal to protect the suppliers
Date: 2010-12-20 17:22:45
The amending legislation of Font Sándor is willing to prevent the suppliers from passing the burdens of the crisis tax imposed on the commercial sector. The proposal, that can be...
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Nearly four thousand tons of sausage will be consumed at New Year's Eve
Date: 2010-12-20 12:30:10
The population purchase the one-seventh part of the annual sausage quantity for New Year's Eve: approximately 3,800 tonnes of sausages. At the purchasing decisions the primary aspect is the favorable...
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