Market News
The Hungarian agriculture does not expect any good
Date: 2010-02-19 00:08:25
The Agricultural Economics Research Institute (AKI) communicates scary numbers of last year’s agricultural performance. The sector is in nadir, and according to predictions, this will not change too much this...
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A tender for conscious and quality consumption
Date: 2010-02-19 00:02:18
Applicants can apply in 17 topics on the Hungarian Product Grand Prix of 2010. Applicants can registrate with competitive, high-quality, environmentally friendly engineered products and services until the 21st of...
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Global warming in the global economy
Date: 2010-02-19 00:01:25
In the last quarter of 2009, a 0.8 percent GDP growth occured, compared with the preceding three months. The total performance in the thirty Member States improves steadily and rapidly...
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International wine scandal: Millions of bottles false Pinot Noir was marketed
Date: 2010-02-19 00:00:21
More than 18 million bottles of fake, poor quality Pinot Noir wine was marketed in the U.S.A. This is the largest international wine scandal ever. On Wednesday, several French winemakers...
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Half of the Hungarian companies are considered to be risky business partners
Date: 2010-02-18 00:04:35
The perception of Hungarian companies in the region, continued to became worse, over the past six months and now every second Hungarian company considered to be risky or moderate-risky business...
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Hungary has not been infected with the Austrian cheese
Date: 2010-02-18 00:03:21
Listeria infected cheese did not transported to Hungary – told the Hungarian Food Safety Office (MÉBiH) on Wednesday, on the basis of the report of European Union’s Rapid Alert System...
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Plaza buildings at the Czechs and the Slovaks
Date: 2010-02-18 00:02:09
The investment of the Aupark shopping and entertainment center in Kassa reached the construction phase. Europe's largest plaza constructor, the Dutch Multi Development is planning a huge shopping center in...
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U.S. industry is in prosperity for the seventh month
Date: 2010-02-18 00:00:59
According to FED; U.S. industrial production increased greater-than-expected, by 0.9 percent in January. The experts interviewed by Reuters expected a more modest, 0.7 percent expansion of the industrial production.The U.S....
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China consistently overtakes
Date: 2010-02-18 00:00:02
After became the world’s largest exporter this year, China can be the second largest economy after the United States, overtaking Japan. According to the statement of the Tokyo government; Japan's...
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Nearly 10 percent reduction occured in the producer price of agricultural products last year
Date: 2010-02-17 00:03:02
In 2009, the agricultural producer price level fell by 9.5 percent, which came from the 12.7 percent price decrease of the plant products and the 4.6 percent price decrease of...
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The U.S. manufacturing industry improved
Date: 2010-02-17 00:02:25
In February, optimism increase significantly in the American manufacturing sector – appears in the survey of Fed. The value of the Empire State index, increased to 24.91 points, from 15.92...
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SMEs save on marketing
Date: 2010-02-17 00:01:59
According to the research of internetvallalkozas.com; last year, the SMEs were dealing with their already existing customers and the tracing of new markets, marketing spendings were drastically curbed. According to...
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We like to buy vitamins in drugstores also
Date: 2010-02-17 00:01:42
Nowadays we spend every fifth HUF for vitamin in drugstores. While we could observe the emergence of agency networks in 2008, in 2009, the turnover of drugstores increased significantly by...
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KSH hanged the consumer basket
Date: 2010-02-17 00:00:10
The crisis has changed the consumer habits, so the Central Statistical Office (KSH) also changed the consumer basket: the ratio of consumer durables decreased. The Central Statistical Office (KSH) each...
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Hungarian economy declined by 6 percent last year
Date: 2010-02-16 00:05:17
According to KSH’s and Ecostat’s datas; The latest Hungarian GDP data caused a slight positive surprise among analysts. The Hungarian economy shrunk by 4 percent in the last quarter of...
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The number of employed people can decrease with millions in the coming decades
Date: 2010-02-16 00:03:29
The Economic and Social Council (GSZT) is concerned about the demographic trends in Hungary, and proposes to prepare a comprehensive program to improve the situation – said Parragh László president...
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More optimistic mood in the three-fourth of the world
Date: 2010-02-16 00:02:12
According to the research of Ipsos and Reuters News; positive consumer evaluation of the economic outlooks published for the first time, since the large destruction of the recession. In the...
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Food price insecurity
Date: 2010-02-16 00:00:55
Food price can go up and down in the forthcoming months. The exchange rate of the U.S. dollar and the changes in demand can also affect the price of the...
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The Arany Korona cooperative will help the Hungarian small-scale producers
Date: 2010-02-15 00:02:59
The Arany Korona which is a marketing cooperative was formed in October last year and would like to help domestic manufacturers and service providers, in the distribution of Hungarian goods....
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The increasing of recycling is a Europe-wide trend
Date: 2010-02-15 00:02:41
According to the survey of the European Container Glass Federation (FEVE); The household glass recycling in Europe increased into record heights, in 2008. In 2008, 25.5 billion bottles, about 11...
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OKSZ vs. Agricultural Office
Date: 2010-02-15 00:02:35
The National Trade Association expressed its consternation in a communication, in context with the Agricultural Office’s Food Code related resolution. According to OKSZ; the Office cannot determine such implementing terms,...
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2010 may be worse for German households, than last year
Date: 2010-02-15 00:02:32
In 2009, consumption in Germany increased by 0.4 percent, boosting the economic development. In 2010, household spendings are expected to stagnate – appears in the latest research of GfK Group....
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9 out of 10 households buy pork products
Date: 2010-02-14 08:00:00
According to GfK Hungária’s ConsumerScan, the complete processed meat market decreased by 4 percent in volume, but increased by 2 percent in terms of value in October 2008-September 2009. The...
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We buy non-alcoholic beverages less often
Date: 2010-02-14 08:00:00
Mineral waters, fruit juices, carbonated soft drinks and ice teas make up the non-alcoholic beverage category, in which Hungarian households consumed 7 percent less products in January-September 2009 than a...
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The mobile phone may become a second wallet
Date: 2010-02-14 08:00:00
After debit card payment appeared in Hungary numerous financial experts were of the opinion that the new payment method would spread fast – since it was secure, simple and the...
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Self-service segment expands further in the pork product category
Date: 2010-02-14 08:00:00
In November 2008-October 2009, pork product retail sales augmented by 5 percent and went above an annual HUF 160 billion. Nevertheless, Nielsen registered minus 3 percent in terms of volume...
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Vodka and gin were the biggest winners
Date: 2010-02-14 08:00:00
Spirits turnover was HUF 72 billion in December 2008-November 2009 – but only two types managed to expand in terms of both value and volume: vodka (by 8 and 2...
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Experience-hungry consumers vs. discount store dominance
Date: 2010-02-14 08:00:00
The fact that large German retail syndicates went bankrupt this year indicates that new strategies are needed to survive. 90 lecturers and 1,200 decision-makers focused on these new strategies at...
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Not enough brands
Date: 2010-02-14 08:00:00
I am more and more concerned about the competitiveness of Hungarian agriculture and domestic-owned food processing companies. Recently I asked a few friends to name Hungarian-owned and developing food brands…The...
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