Market News
A decreasing interest on cereals
Date: 2009-08-11 00:01:20
According to the Hungarian Chamber of Agriculture; wheat’s price is 30 thousand HUF per tonne due to the small demand for grain. The price of autumn barley is only 25...
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Crisis do not put a large effect on the toilet paper and paper handkerchiefs consumption
Date: 2009-08-10 00:09:30
The retail sales of household paper increased by 10 percent between July 2008 and June, 2009, compared to the previous comparable period, and exceeded of 42 billion forints – states...
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Half million hectoliters less beer consumed last year than 2007
Date: 2009-08-10 00:08:30
The economic crisis has reached the Hungarian brewing industry. The total sales of the breweries decreased by 7 percent, compared to the previous year. The growth trend of the previous...
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The reputation of the large Hungarian companies became measurable
Date: 2009-08-10 00:07:00
The reputational ranking of the largest companies has been completed. The B & P BrandAktív measured the social assessment of 40 leading domestic companies in the last two months. The...
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It will be easier to open small shops in the future
Date: 2009-08-10 00:04:00
The government would liberalize the trade activities significantly in the future. It will be enough to report to the competent notary the opening of a new shop. The simplification is...
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Eight out of ten women feel compunction, after big shoppings
Date: 2009-08-10 00:02:30
According to a survey ordered by British ice cream manufacturer company Skinny Cow, 83 percent of women feel compunction, after shopping and overspending. The ladies mostly feel unpleasant because of...
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Pigs in urban gardens
Date: 2009-08-10 00:00:30
More and more British families believe, that it is not necessary to buy expensive food from hypermarkets. The food produced by themselves is more delicious, cheaper, and likely to be...
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The GVH has terminated the investigation connecting to Food Code
Date: 2009-08-07 00:03:15
Economic Competition Authority terminated the investigation against the signatories of the food code. The code was not suitable to restrict competition in the market, and did not come into force...
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Food retail increases since last December
Date: 2009-08-07 00:03:10
According to Nielsen market research company’s report called ’Economic Current’ on monthly trends; The effects of recession on food retailing slowed down in the ten major market of the world....
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A growing number of cheap, own branded goods are purchased
Date: 2009-08-07 00:03:00
According to the datas of GfK Hungária Consumer Tracking, the Hungarian households left nearly 4 percent less money at the shops for household chemical goods and food in the first...
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Decreasing savings, increasing consumption in USA
Date: 2009-08-07 00:02:00
According to the communication of the Ministry of Trade; private consumption increased by 0.4 percent in June, exceeded the forecast of the analysts of 0.3 percent. In May, on the...
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Sugar price reached its almost three-decade peak
Date: 2009-08-07 00:01:20
The price of the raw and refined sugar increased to its 28 year peak at the London Commodity Exchange. Traders expects further price increases. The reason of the extraordinary price...
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Euro area’s retail sales decreased further after May
Date: 2009-08-06 00:13:00
In June, retail sales decreased by 0.2 percent after the 0.5 percent decline of May, while analysts expected an increase of 0.3 percent. On an annual basis, the rate of...
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Manipulated shoots from the feathers extraction
Date: 2009-08-06 00:09:00
It turned out that the report showed in Swedish television was manipulated about the Hungarian feathers extraction. The case was brought because of incitement of torturing animals, but the investigation...
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Specials, discounts and coupons: learn to save during the crisis
Date: 2009-08-06 00:06:00
Because of the impact of recession, a serious change has occured in purchasing habits. Interest is growing towards discount stores, and towards the retailers' own-branded products. According to the recent...
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A mass of Hungarian pigs are carried to Romania
Date: 2009-08-06 00:00:30
At the eastern border of Hungary, Romanian purchases and deliveres a large mass of Hungarian pigs often on the back seats of Dacias, to get support after a few months...
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Wine reform comes soon
Date: 2009-08-05 00:09:00
The second phase of the EU wine market reform in Hungary started in early August. The relevant EU legislation is already available in two weeks – said Csaba Horváth, Secretary-General...
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Most people want the taxation of luxury items
Date: 2009-08-05 00:06:00
Most people would fill the loss of state revenues with the taxation of luxury items, while consider the financial sector and the car industry more negative. According to the survey...
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French farmers have to pay 330 million euros back
Date: 2009-08-05 00:04:30
According to the decision of the European Commission the French fruit and vegetable producers should pay back unfair state aid received between 1992 and 2002. Agricultural Minister Bruno Le Maire...
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The SME prosperity index of Ecostat has improved
Date: 2009-08-04 00:12:00
According to Ecostat’s prosperity index; the expectations of domestic SMEs, became better. The production forecast, for the next quarter is the best since last October; 22 perccent of the companies...
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Six times more import milk arrives to Hungary than before the EU connection
Date: 2009-08-04 00:11:00
At the beginning of the year, the purchasers gave 90 HUF per liter for high-quality milk, now only 59 HUF. According to experts the purchase price was reduced because there...
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United States – the manufacturing index is nearly 50 points
Date: 2009-08-04 00:10:00
Due to the improved sales outlooks the pessimism of the manufacturing companies decreases in the U.S.: the purchasing manager index of the ISM Institute rose from 44.8 points to 48.9...
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German retail is not in a very promising position
Date: 2009-08-04 00:09:30
In contrast to expectations, German retail sales were significantly reduced on monthly basis in June and even the 0.4 percent increase of May was modified to a 1.3 percent decrease,...
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The majority wouls spend more on environmentally-friendly products next year
Date: 2009-08-04 00:06:00
According to the results of WPP Group's more than 5,700 people asked, involving seven-countries survey, that showed that despite the recession and the higher prices, it is worth to buy...
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Chances for Agriculture during the crisis
Date: 2009-08-04 00:03:00
Although the financial and economic crisis put a big impact on agriculture, according to experts, the crisis also has significant potential in the sector. For example crediting agriculture is less...
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Labor control at Lake Balaton
Date: 2009-08-04 00:00:00
Irregularities had been found at 87 percent of employers and 71 percent of employees during a control action of the the National Work and Labor Inspectorate at Lake Balaton. The...
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Nielsen’ Consumer Confidence Index reached its peak in July
Date: 2009-08-03 00:09:00
According to Nielsen market research company’s usual monthly survey; after the 37 points nadir of March, measured 48 points of consumer confidence, which is the highest result of the year,...
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GKI forecasts – looking forward to the nadir
Date: 2009-08-03 00:08:30
According to the joint forecast of GKI Economic Research Institute and Erste Bank the nadir of the economic downturn is still ahead of the Hungarians. The national GDP expected to...
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World trade getting lively again – according to WTO
Date: 2009-08-03 00:07:00
The 250 billionUSD of incentives is beginning to affect especially in Asia – reported Pascal Lamy, Main Director Of World Trade Organization (WTO) this weekend in Johannesburg. Lamy noted in...
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Nearly seven thousand department closed in Great Britain
Date: 2009-08-03 00:04:00
According to Local Data Research (LDC) from the elapsed part of 2009 about 12 thousand independent retail shops and 7 thousand departments of large department stores have closed. A year...
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