Market News

Low wheat prices

According to Vancsura József, President of the National Association of Cereal Growers the wheat prices are 20-25 percent lower, compared to the same period of last year. In addition, there...

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Nielsen’s Consumer Confidence Index repeated its July results

According to the survey of Nielsen Market Research Company; In August, the consumer confidence index retained its highest level this year, the 48 points of July. After the March nadir...

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KSH: Faster decline in imports than exports

According to the Central Statistical Office (KSH), during the 2009 January-June period, the volume of exports decreased by 20 percent of imports by 25 percent, compared to the period of...

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Seeking for cheaper products in a growing number of businesses

According to the joint study of Boston Consulting Group (BCG) and GfK Hugária; Hungarians adapts to the economical crisis a special way, so the Hungarian market, therefore, should be managed...

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Eurozone retail trade fell unexpectedly in July

Based on the data released by Eurostat, during July retail sales decreased by 0.2 percent within the euro area, after the stagnation of June. Analysts expected a 0.2 percent increase....

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More food is imported each year

According to Agrármonitor; In recent years the proportion of imported food has significantly increased in Hungary, so the experts are now estimate that it is exceeds 30 percent. Between 2000...

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The 500 largest companies of the region – the Hungarians are in better position

Manager magazine publishes – with the contribution of Coface Hungary – the list of the Top 500 Central and Eastern European companies.The Top 500 list publishes the ranking of the...

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Conscious nutrition for healthy aging

Various studies show, that a huge number of pensioners living in retirement homes do not receive age-appropriate, balanced diet and many have not taken the recommended daily amount of energy....

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The Ministry of Agriculture supports efficient irrigation

From the autumn, non-refundable support can be be requested for water-saving irrigation technologies – appears in the ruling of the Minister for Agriculture. In the case of irrigating from layer...

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The purchasing manager index has improved after one and a half year

The total performance of the manufacturing industry has improved in August, in the United States. This is the first month, during the past year and a half, when the sector’s...

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Dairy producers contemplating an EU-wide strike

Dairy producers could decide European Union-wide strike, if there will not be favorable decisions on next week's meeting of agriculture ministers of the member states – announced on Tuesday by...

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Deposit could also be chargeable to chocolate paper

One large supermarket chain charge 5 HUF deposit in the prices of the most beverage products. When the buyer returns the bottles to the store, they got the deposit back....

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The confidence of the people and businesses is to raise

The August 2009 economic index of Ecostat increasing since February, with varying intensity. The rate of improvement excessed of 7 percentage points. Besides the strenghtening public optimism, the confidence of...

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German retail re-started again

Retail sales in Germany increased again in July, after June’s decline. The increase can be linked to the activation of the customers due to the falling prices and the improving...

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The question is whether there will be suppliers law in the autumn

It remains an open question, what will be with the law about the unfair trade practices, against agricultural and food products suppliers. The legislation was sent back by President László...

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Artificial cheese and ham

In recent months, in Germany and Austria, the designation of artificial cheese and artificial ham was a regular topic in the media. In particular, consumer protectors required a more precise...

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A British tourist drinks 4 liters of beer per day

According to a research of 3500 employees, British drink an average of 80 pints of beer (approximately 38 liters) during a ten-day holiday. Alcohol abuse in Great Britain is a...

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Wine growers faces with sales problems

According to Horváth Csaba, Secretary-General of HNT; This year, 3.5 million less hectoliters of wine was produced than last year. It is estimated that this year the same amount as...

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Organic foods tolerate the crisis well

According to market researchers, economic downturn did not harm the sales of the organic products in most countries. On the basis of the feedback of traders, the growth in Hungary...

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Eurokonform casher will be a mandatory next year

According to the decision of the Government from the 1st September 2009 only eurokonform hardwares (eg: cash register, taximeters) could be purchased from EU budget and funds, which is capable...

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More needs to be learnt in the managing of PET bottles

During the summer heat up to twice as many PET bottles are purchased. On an annual basis, the number of empty PET bottles are up to 1,4-1,6 billion, which is...

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Pizza and grilled meat are a succes in Romanian hypermarkets

Four Romanian hypermarket chain (Auchan, Cora, Real, Carrefour) judged to operate within the fast-food stores. The chain's success proves that 4-5 percent of the total revenue is from the sales...

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The retail sales of tea increased by value and by quantity

According to Nielsen market research company; the retail sales of tea increased by 10 percent in value and by 3 percent in volume in the 2008 August and 2009 July...

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GKI: soluble pessimism

According to the forecast of GKI Economic Research Company and Erste Bank, the downfall of the Hungarian economy will reach its nadir in the summer. The external balance has improved...

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Pro-shops and mobile bakers

Hungarian Baker Association would improve the market position of bakers, with the strengthening of Pro-shop networks and the strengthening of direct sales. With the replacement of commercial chains more profit...

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The basket price of Origo has moderated

Origo’s most recent price panorama seems to justify the notion, that because of the continuous decrease in consumption, VAT increase could not be enforced in the declining retail scene. Origo...

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More than expected wheat yield for next year

The International Grain Council (IGC) has changed its forecast for world wheat yield, from 654 million tonnes to 662 million for the 2009 – 2010 years. According to the organization’s...

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The Minister would support irrigation with state involvement

Irrigation is not possible without state involvement, stated Gráf József, Minister of Agriculture. Its lack, brings the domestic participants a disadvantage, compared to other countries in agriculture. While in the...

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Germans are optimistic, confidence in the euro area

The GfK market research institute’s the value of the German consumer sentiment index in September increased to its 15-month peak. Conference Board's composite index for the euro area economy increased...

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Kopint-Tarki: this year, a significant decrease in agricultural production

This year, 8-10 percent decline in agricultural production can be occured compared to last year – said Szabó Márton the lead researcher of Kopint-Tarki on a press conference. According to...

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