Market News

U.S. consumers are still confident

Conference Board's consumer confidence index, increased to 55.9 points in January, from the 53.6 points of December. The recent positive data is a surprise. Analysts expected only 53.5 points. The...

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Near seven billion USD traffic between Hungary and China

Hungarian export value increased by 4 percent, between Hungary and China. The two countries are getting more open towards each other. According to Chinese trade statistics; last year the traffic...

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Germany can redeem 50 billion worth of fuel

According to the experts of the German Federal renewable energy organization; Germany may be able to significantly perform beyond EU's directives of share in 2020 in the case of renewable...

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The retail on slope

According to the Central Statistical Office; the retail sales volume adjusted from calendary effects, decreased by 5 percent, in the first 11 months of 2009. In November, it was 7.8...

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The GKI economic situation index improved further

The seasonally adjusted value of the GKI economic situation index started the year with a slight rise. The number of those, who believe in increase of the production is the...

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Biofuel is manufactured from the quarter of the American grain

Food could be provided to hundreds of millions of starving people, from the grain that serves as biofuel in the United States. The bio-ethanol program also plays a role in...

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Germans purchase, despite bad sentiment

According to the survey of GfK; The consumer climate continues to deteriorate in Germany, but the buying mood is improving, thanks to discount prices. The bad mood of consumers is...

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If you already have luxury, show it

According to the attitude survey of Synovate, on international luxury goods, the number of those who not only buy, but show their luxury goods is the highest in Hong Kong....

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The main consumer trends in 2010

Trendwatching.com, posted its top 10 list of the trends of the new year. The company's network consist of more than 500 observers follows the current consumer trends, all over the...

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Bad Christmas for British retail

The British retail sales in last December, increased less than expected, mainly due to price increases. According to the Statistical Office; sales rose by 0.3 percent last month. Experts expected...

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Sixty billion for the SMEs

At the beginning of the crisis, 111 billion HUF was transferred to the support of small and medium-sized enterprises – states the Minister of Economy. According to Varga István, 60...

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China may soon be the world's second largest economy

China's economy last year grew by 8.7 percent, exceeding initial expectations of the Beijing government. The news was reported by the director of the national statistical office. In the last...

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A revival has begun on the commercial real estate market

In the second half of last year, a revival has begun in the majority of the commercial property market, which will continue this year. "In the first half of 2009,...

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Central and Eastern European households – the situation improves slowly

The Central and Eastern European households were characterized by steady growth of income for many years. The recent decline in consumer confidence and purchasing habits can be observed, according to...

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The outdoor advertising market lost several billions

The outdoor advertising market decreased largely last year: Compared to 2008, 5-6 billion HUF less was spent on billboards, citylight posters and building nets by the companies. The turnover of...

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Increasing producer prices in the U.S.A.

The industrial price level in the United States increased slightly by 0.2 percent last December, compared to the previous month. In November, the growth rate was 1.8 percent. Analysts expected...

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Milk marketing for 18 million Euros

Nearly 18 million euros were approved by the European Commission for the support of 13 programs, that will promote dairy products, in the EU internal market. Only one and Eastern...

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The EU would regulate trade

EU’s Agriculture Ministers concluded that food trade should be foiled from the market regulation and specific actions are need to regulate the big chains. Common proposal has not yet been...

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Cannot see the end of the tunnel

The economic recovery, previously predicted for the second half of 2010 is uncertain and the situation is very fragile – says Coface Hungary’s Country director. In 2009, the number of...

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A good reception for the ideas of the Romanian agri-commissioner candidate

The Romanian agri-commissioner candidate of the EU is committed to continue the common agricultural policy and reform that the European citizens shoul accept the need for supports in order to...

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The net average is 123 thousand HUF

At the companies, with at least 5 employees and at the financial institutions, in the first 11 months of 2009, the gross average earnings were 0.5 percent higher, the net...

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Smaller companies can get source

The small business venture capital program may be launched in Hungary first, among the countries of the European Union, with a close to 31.5 billion HUF of EU support, a...

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Ipsos: The advertising newspapers have a significant impact

The untargeted advertising newspapers have a significant impact on customers, by motivating the impulsive purchases. Also inform of promotions and new products and give a kind of “hunting experience” –...

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The development of professional store chains can save the bakers

Last year, the situation of the bakery companies has not improved, this year their market position may deteriorate further. The bakery companies can escape forward, with the development of professional...

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Cognac sales have been decreasing since 2008

Cognac sales declined by 12.4 percent worldwide in 2009 – said the professional organization of the French Cognac Producers. Sales are reducing for the second consecutive year, after the 6.2...

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The Christmas turnover of SMEs decreased

According to the online survey of MarketingCommando; The Christmas sales of the small and medium sized enterprises further reduced in 2009, compared to 2008. Fourty-four percent of the surveyed firms...

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The consumption of vodka and gin increased last year

Spirits turnover at the organized retail was stable with about 70 billion HUF, between December 2008 and November 2009, just as in the same comparable previous period. Compared to the...

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Hungarian competitiveness reduced

The competition index (VEX) of GKI-Microsoft slightly decreased in the third quarter of 2009 in Hungary, Romania and Austria. The value of the business environment index (UX) was 20, higher...

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Pálinka consumption is popular

The commercial brewed spirits rate increases by 10 percent annually, but the current annual production of 1.5-2 million, is well below of the hire brewing’s 10 percent reduction, still producing...

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Expanding American industry, rising consumer confidence in the U.S.

In December, the industrial production of the United States increased by 0.6 percent, the same extent as expected. The manufacturing production decreased by 0.1 percent, in November, while  mining production...

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