Market News
Foreign trade balance improving
Date: 2009-12-03 08:00:00
In January-August 2009, the volume of foreign trade was 17 percent lower in export and 23 percent lower in import than one year earlier. KSH’s quick report also states that...
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Increasing public demand for cheap products
Date: 2009-12-03 00:03:55
According to the datas of GfK Hungária Market Research Institute; in the third quarter of 2009, the households purchased recommended daily products 1.3 percent lower than a year earlier. However,...
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Domestic food retail sales increased in value, decreased in volume in the third quarter
Date: 2009-12-03 00:03:42
According to Nielsen market research company; with Hungary food retail sales volume decresed in nine European countries in the third quarter, compared to last year’s July -September. In Hungary, the...
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We are facing a money saving Christmas
Date: 2009-12-02 00:07:07
The Christmas season in the United States starts each year, the Friday after Thanksgiving day. The Equilor Investment Ltd. examined how the Christmas shopping season can evolutate in Hungary and...
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Eurozone’s unemployment rate reached its 11-year peak
Date: 2009-12-02 00:05:11
In the Euro-zone, the seasonally-adjusted unemployment rate is currently 9.8 percent, stagnaiting on its 11-year peak level in October, after the September rate was modified from 9.7 percent to 9.8...
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GVH would pay tracking fee
Date: 2009-12-02 00:03:08
According to a law proposal; In the future 1 percent of the imposed fine, but not more than 50 million HUF would be given to the person who provides evidence...
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Year-end mall handover rush
Date: 2009-12-02 00:01:25
While less shopping centers are handed over this year, than in the last year, at the end of the year, malls are handed over; one after the another in Europe....
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One giant leap in the Chinese credit card debt
Date: 2009-12-02 00:00:35
According to the report of the Chinese central bank; The over six months credit card debts more than doubled in the first three quarters of the year in China, compared...
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The number of dangerous products are growing due to the crisis
Date: 2009-12-01 00:04:51
Although there is no accurate measurement and assessment of the impact of the crisis, in the market of counterfeit products, the turnover of the non authentic products shows an increasing...
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Environment protection product fee: a lump sum, instead of the more complex solution
Date: 2009-12-01 00:03:01
From January agri-producers can pay their environment protection product fee, product registration, record keeping, reporting and payment obligations with lesser administration, as a lump sum – thanks to the legislative...
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Stagnating industrial producer prices
Date: 2009-12-01 00:02:15
According to the Central Statistical Office; The industrial producer prices have not changed, compared to the previous month or to a year earlier period in October. The Hungarian industry's sales...
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The THM-ceiling may be the end of quick loans
Date: 2009-12-01 00:01:25
Many people agree that now it is time to tighten the conditions of the Hungarian retail lendings, including consumer credits. One elements may be the much-debated introduction of the THM-ceiling....
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After one and a half year, the prices have increased in the EU again
Date: 2009-12-01 00:00:59
Inflation returned into the euro area in November: According to Eurostat's first estimations, published on Monday, consumer prices were 0.6 percent higher than a year earlier. This is the first...
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The Americans throw out 40 percent of the food
Date: 2009-12-01 00:00:54
According to an American survey; the nation's population throw 50 percent more food into the trasher than in 1974. An average 1400 calory food per capita is thrown into the...
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Germany can put an end to the monitoring of the staff
Date: 2009-12-01 00:00:15
According to press reports in Germany at several chains of stores, the illegal monitoring of workers is a “daily routine”. Among others the workers are being monitored in the stores...
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GKI: The foreign market demand and the EU support can help in recovery
Date: 2009-11-30 00:06:28
According to the forecast of GKI Economic Research Co., in cooperation with Erste Bank; This year, in the Hungarian economy a 6.5 percent decline and future stagnation is expected. The...
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This year, Americans spent more on Black Friday
Date: 2009-11-30 00:01:01
Retail sales on Friday increased slightly, by half a percent in the United States, which is traditionally one of the busiest day of the Christmas shopping period. Retail sales showed...
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Different bargaining positions in the food industry
Date: 2009-11-30 00:00:50
The domestic food companies were not prepared for the EU's competition, the high charges, only further increase their vulnerability in competition – said Éder Tamás, President of the National Food...
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The deodorants and shower gels are the most popular
Date: 2009-11-27 00:04:59
According to Nielsen; decorative packaging toilet preparations and cosmetics are becoming more and more popular as Christmas gifts. More than 3 billion HUF worth of gifts were sold last year...
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Hungarian corruption is far above the world average
Date: 2009-11-27 00:02:01
According to the assessment of PricewaterhouseCoopers (PwC); The most common type of abuse is corruption in the Hungarian business life. Its 81 percent incidence rate is much higher than in...
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Growing proportion of late payments
Date: 2009-11-27 00:01:12
According to Direktinfo; the more than 90 day payment terms, over the past half year, rose from 9 percent to 16 percent. The average delay in payment is more than...
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Our cell phone can became our second wallet
Date: 2009-11-27 00:00:55
In Hungary, 23 percent of the population over 18 year, regularly use their credit card for payment, while 81-82 percent own mobile phones providing electronic payment – states the research...
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The dangers of the liberalization of the agricultural trade
Date: 2009-11-26 00:04:12
The liberalization of agricultural trade without regulation would jeopardize the global food security. Only the international investment funds and speculators would benefit from the liberalization, not the poor. Warned, Jacques...
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The JÓFEJ website has been renewed
Date: 2009-11-26 00:02:54
The JÓFEJ (sober, responsible driver) campaign of the Hungarian Association of Beer Manufacturers has been renewed. The action has been expanded by the Web 2.0 community. The Hungarian Association of...
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New wine instead of old wine
Date: 2009-11-26 00:02:01
The tradition of new wine is the integral part of Hungarian wine culture. The new wine means the wine that was born on St. Martin’s day. The fresh wine can...
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Growing problems in the dairy sector
Date: 2009-11-26 00:01:35
The loss of producers is currently 15 HUF per liter. The processors give 55-60 HUF for a liter, the shops around 100 HUF and the customers purchase it for 180-220...
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Twenty-two thousand liters of illegal liquor will be destroyed
Date: 2009-11-26 00:00:58
Twenty-two thousand liters of illegal liquor of the the past two years, will be destroyed at the Sátoraljaújhely sewer plant, like beer, wine, champagne and aroma – reported MTI. The...
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Christmas advices from NFH
Date: 2009-11-25 00:05:10
The National Consumption Defender Office (NHF) drew the attention on conscious Christmas shopping, at the authority’s press conference. This year electrical products are likely to be the most problematic products...
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Agricultural enterprises can tender for 14 billion
Date: 2009-11-25 00:04:01
According to the Hungarian Chamber of Agriculture tenders can be submitted until 15th December for the certain elements of the National Diversification Program (NDP). The 52.4 million euros support is...
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Optimistic German business mood
Date: 2009-11-25 00:01:25
The German IFO business sentiment index in November improved to 93.9 points, instead of the expected 92.5 points. The current economic situation assessment index increased to 89.1 points, while 88...
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