Market News
The honey industry improving dynamically in Romania
Date: 2010-04-27 00:00:30
Romania's honey production may increase by 10 percent this year, reaching 23,700 tons. Romania’s honey production last year, was 21,500 tons, while 20 000 tons in 2008. The number of...
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The Californian Hungarian-American Chamber of Commerce has formed
Date: 2010-04-27 00:00:25
The Californian Hungarian-American Chamber of Commerce has formed aiming to build a bridge between the Hungarian and the Californian business interests – the Hungarian MTI informed by the Los Angeles...
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OKSZ: commercial sales fell in February
Date: 2010-04-26 00:01:18
According to the datas of the Central Statistical Office; the retail trade in February was smaller than a year earlier – states the National Trade Association. Unfortunately, not only the...
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Slowing growth in the UK
Date: 2010-04-26 00:00:45
The British economy’s growth rate has already slowed after barely begun. According to the preliminary estimation based on partial datas, growth was 0.2 percent in the first quarter, half of...
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Fewer children and more work for women
Date: 2010-04-26 00:00:30
According to OECD’s most recent report, over the Status of Women; Hungary is among the backmarkers, in terms of women employment – reports Népszabadság. Women give birth to fewer children...
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Last year’s honey crop was weak-medium
Date: 2010-04-23 00:01:59
The drought spring left its mark on this year’s results. Last year was a weak-medium year for beekepers. Over the past five years, last year's export volume was the smallest...
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The price of apples may increase!
Date: 2010-04-23 00:01:50
Due to the unusually cold weather of the recent weeks, a decline will occur in quantity of apples from China's northern part. This may easily result in a price increase...
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The German economy is expanding
Date: 2010-04-23 00:01:33
According to the latest forecast; a 1.4 percent growth is expected in Germany for this year and 1.6 percent for next year. The Ministry of Economic Affairs in Berlin, yesterday...
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The U.S. producer prices increased more than expected in March
Date: 2010-04-23 00:00:30
U.S. producer prices increased in March more than expected – the U.S. Labour Department reported Thursday. Producer prices increased by 0.7 percent, compared to February, when a 0.6 percent decrease...
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Decrease in draft beer consumption in Hungary
Date: 2010-04-22 00:01:42
The economic crisis affected badly the Hungarian domestic beer industry also. Last year, a more than ten percent decrease occured in turnover. While, due to the decline in exports, the...
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Too much rain threatens the crops
Date: 2010-04-22 00:01:35
Two or three dry weeks would be needed in agriculture, to accelerate the works up and the crop vegetation to gain its absence. According to Tóth István, secretary of the...
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Thirty percent of the Hungarians having breakfast irregularly or never
Date: 2010-04-22 00:01:20
In Hungary, 30 percent of the adult population having breakfast only irregularly or never – states the April fast report of McReggeli. The datas of the survey show, that 80...
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Lidl and Tesco would expand in the poorest Member States
Date: 2010-04-22 00:01:12
Bulgaria, the poorest Member States of the European Union is expected to be the favorite target of retail chains in the next few years, the main market players have already...
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The ZEW index caused surprise
Date: 2010-04-22 00:00:20
The German ZEW economic sentiment index increased higher than the expected 45.1 points, to 53 points in April, from the 44.5 points of March. The EURUSD bounced above 1.35, the...
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The Retail Top List 2009 is out now!
Date: 2010-04-21 00:01:45
Tesco, CBA and Coop was the ranking in 2009 Nielsen’s 2009 ranking shows that Tesco is the food and chemical product retailer with the highest turnover, followed by CBA and...
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The Icelandic vulcano eruptions can hinder the economic recovery in Europe
Date: 2010-04-21 00:01:31
The European aviation experts say that the air limitation can be so long, that it can affect the economic growth this year, and the post-crisis recovery as well. The current...
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The GKI consumer confidence index is almost on its four-year peak
Date: 2010-04-21 00:01:20
In April, the seasonally adjusted value of the GKI prosperity index continued to increase. The value of the GKI consumer confidence index increases strongly after the low point of April...
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New business applications
Date: 2010-04-21 00:00:45
Those businesses can tender for a total of 23.5 billion of EU funds, which tender for the New Hungary Development Plan’s (ÚMFT) now published in three appeal. Support applications can...
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The GKI consumer confidence index is almost on its four-year peak
Date: 2010-04-20 00:01:42
In April, the seasonally adjusted value of the GKI prosperity index continued to increase. The value of the GKI consumer confidence index increases strongly after the low point of April...
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Due to EU rules the price of eggs may increase double-fold
Date: 2010-04-20 00:01:00
The price of eggs may be doubled, if the producers have to introduce the new animal-friendly breeding techniques. The development could cost up to 50 billion HUF to the industry,...
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Retail should respond to the demographic challenges
Date: 2010-04-20 00:00:50
Just like in the major part of Western Europe, Central and Eastern European (CEE) countries also facing long-term demographic challenges, just like the stagnation or decreasing of the population and...
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Improved global economic forecast
Date: 2010-04-20 00:00:20
The performance of the World Economy expected to be increased by 4 percent this year, but this is still mainly the result of the stimulative measures, so a slower growth...
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The possibilities of the Széchenyi Card would be broadened
Date: 2010-04-19 00:01:55
The contractors claimed that the state-sponsored Széchenyi Card working capital credit facilities are maintained and new opportunities to connect to it – said Dávid Ferenc the Secretary-General of National Association...
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Hungary has the worst inflation rate in the EU
Date: 2010-04-19 00:01:10
In March, a 1.4 percent inflation occured in the euro area on an annual basis. The monthly inflation rate was 0.9 percent in the whole EU. Annual inflation was 1.9...
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Real earnings increased by four percent on average, over a year
Date: 2010-04-19 00:01:00
At the companies, with at least 5 people and at financial institutions, the reported gross average earnings in the first two months of 2010 increased by 3.7 percent, the net...
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Optimistic forecasts on this year's GDP
Date: 2010-04-19 00:00:50
While the government and central bank forecast predicts a 0.2 percent decrease in GDP for this year, the economic research institute expects at least stagnation, or a 0.8 percent growth...
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Unexpected deterioration in U.S. consumer confidence
Date: 2010-04-19 00:00:40
Contrary to the expected rise, the consumer confidence index of the University of Michigan shows decline: standing on a value of 69.5 points in April, compared to the previously predicted...
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It will not hurt to be careful with energy drinks!
Date: 2010-04-19 00:00:30
How safe are the energy drinks? The National Chief Medical Office, the National Food and Nutrition Institute and the Hungarian Food Safety Office organised a conference on the 13th of...
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12 percent more insolvency proceedings in the first quarter
Date: 2010-04-16 00:01:33
This year's first quarter, the companies insolvency index increased by 12 percent, over the same period of last year – reports Coface Hungary credit insurer. 54.44 percent of the procedures...
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The GDP grew by 11.9 percent in China
Date: 2010-04-16 00:01:10
China's gross domestic product (GDP) grew by 11.9 percent in this year's first quarter over the same period last year – announced the Chinese Statistical Office on Thursday. This year's...
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