Market News
The European Commission will help the dairy farmers
Date: 2009-07-09 00:04:00
A proposal was made by the European Commission that the period of intervention in the cases of butter and skimmed milk powder should be extended because of the crisis in...
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The European Court of Justice will be judge the criterias of the individual products
Date: 2009-07-09 00:03:00
The European Court of Justice decided that chocolate can be individual, if different from the norms of the industry. According to the decision, the form of Bounty's chocolate slice cannot...
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German industrial orders has been increased
Date: 2009-07-09 00:01:00
The highest rate of growth in the last two year was produced by German industrial orders in May, surpassing the April stock by 4.4 percent. The impressive growth rate is...
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Hungarian meat exports to Russia get a green light after one year
Date: 2009-07-08 00:32:27
The Russian veterinary and phytosanitary supervision lifted the temporary export restrictions affecting four Hungarian meat processing companies. Gilyán György, Hungarian Ambassador in Moscow has already received a promise earlier that...
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Food waste of the developed world could save the hungry
Date: 2009-07-08 00:22:00
According to the most recent calculations, the population of Europe and the United States builds up enormous amounts of food waste: the amount of ordered but did not consume food...
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Information on the intake of calories quantity
Date: 2009-07-08 00:20:00
The consumer protectors have long been treating as a priority target the various fast food chains. Last year in the states of California and New York, larger fast food chains...
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Coface expects larger downturn than expected
Date: 2009-07-08 00:12:00
Coface expects the global economic downturn, a total of 6.6 percentage points for the period between 2007 and 2009, which is a larger downturn than formerly expected. According to the...
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The benefits of Mediterranean diet
Date: 2009-07-08 00:04:00
According to studies; the Mediterranean diet strengthens the immune system, reduce risk of cardiovascular diseases and cancer. The basic of the diet is consist ofvegetable dishes: cereals, dry legumes, nuts,...
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In-store advertising gaining popularity in times of crisis
Date: 2009-07-08 00:01:00
As clients question the effectiveness of advertising in conventional mediums, indoor advertising in supermarkets is gaining support and popularity. Marketers, retailers and media companies have attempted to make in-store advertising...
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Five-point improvement in consumer confidence in June
Date: 2009-07-07 00:25:00
Nielsen market research company's consumer confidence index improved to 45 points in June after the 40-40 points of May and April, and the 37 points of March. The consumer morale...
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Adapting to recession
Date: 2009-07-07 00:21:00
According to the forecast of GKI and Erste Bank, Hungary, Hungarian GDP is likely to drop by about 6.5 percent this year, but the external balance is set to improve...
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Loan guarantee for 189 billion HUF in 6 months
Date: 2009-07-07 00:16:00
The Garantiqa Loan Guarantee Ltd. reported assuming guarantee for 15,532 contracts amounting to 189 billion HUF on the loans of small and medium enterprises (SME) in the first half of...
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More milk and fish, but less fruit and potatoes were consumed in 2007
Date: 2009-07-07 00:08:00
According to the Central Statistical Office, food consumption per person was a total of 61 kg in 2007. The domestic meat consumption in 2007 was 63 kg per person. The...
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Melon market works well
Date: 2009-07-06 00:14:00
Due to co-operation of the Hungarian Melon Association and the HungarianFruit-Vegetable Marketing Organization (FruitVeB) previous years' disturbances on melon market has been eliminated this year. According to Mártonffy Béla, Executive...
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Apricot directly from the producer
Date: 2009-07-06 00:09:00
Although this year's apricot season started with high prices, Tisza-side producers continued their fruit offers in the capital. After strawberries and cherries, now they are selling apricot directly to consumers,...
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Euro zone retail decreased
Date: 2009-07-06 00:05:00
The retail sales in the euro zone decreased in May higher-than-expected despite the April growth. Turnover decreased by 0.4 percent in May. The annual rate also decreased above the expected...
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This year, EU's grain production will decrease
Date: 2009-07-06 00:03:00
According to the new forecast of Coceral which is the Organisation of Producers, it is expected that 285.27 million tons of grain will be harvested this year in the European...
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Agriculture Ministers and the EU, believe that freshwater and pond fishing is the future
Date: 2009-07-06 00:01:00
Fishing is one of the most promising sector in agriculture. According to Ministers of the EU, freshwater and pond fishing has a greater option than sea fishing – said Gráf...
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Retail food sales increased in value, but decreased by volume
Date: 2009-07-03 00:24:00
According to Nielsen market research company, retail food sales increased by 5 percent betwen June 2008 and May 2009 compared to the same period of the previous year, while volume...
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Hungarian manufacturing industry continues to decline
Date: 2009-07-03 00:23:00
The seasonally adjusted volume of the Purchasing Manager Index (BMI) is 45.8 percent in June, which is 0.4 percentage points higher than the to 45.4 percent volume of May, but...
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Cafeteria – after the tax changes
Date: 2009-07-03 00:20:00
Cafeteria providers, will not migrate out of Hungary but the expected decline in revenues will force them to re-design their cost structure and services. According to Rajné Adamecz Ildikó, partner...
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Swiss chocolate is still popular
Date: 2009-07-03 00:02:00
Switzerland remains a major consumer of chocolate and chocolate-exporter The total turnover of Swiss chocolates increased by 9.3 percent, exports increased by 11 percent in 2008. According to Chocosuisse, which ...
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Preferential loan to agricultural businesses
Date: 2009-07-02 00:24:00
Regulation of the Ministry of Agriculture allows institutions to help the agri businesses with preferential guarantees. At Garantiqa Loan Guarantee Ltd. applications have already been prepared for the reception. Discount...
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Economic index of GKI rises for two months
Date: 2009-07-02 00:23:00
After the stagnation of April and the fall of October 2008, the GKI Economy Research Institute's economic index increasing for two months. According to GKI Economy Research Institute; the prospects...
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According to EU, the U.S. genetically modified corn is not harmfu
Date: 2009-07-02 00:02:00
The European Union's Food Safety Agency (EFSA), reaffirmed that the genetically modified MON 810 corn, banned in a number of EU countries is not harmful to human, animal health and...
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Code or law?
Date: 2009-07-01 08:00:00
The Food Product Code should have come into effect on 1. July. However, an enquiry has been launched by the Competition Office upon suspicion of the Code being contradictory to...
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IT sneaking into stores unnoticed
Date: 2009-07-01 08:00:00
In modern stores, we are becoming users of sophisticated IT systems without even noticing it. In some countries, advanced digital systems have already invaded stores, with IT systems making shopping...
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Price riddle
Date: 2009-07-01 08:00:00
Farmers always seem to have problems. This year, it’s the draught, which is estimated to have caused a loss of one hundred billion forints so far. According to irrigation experts,...
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Decreasing volume, improving balance
Date: 2009-07-01 08:00:00
Exports totalled HUF 1,381 billion in April 2009, while imports totalled HUF 1,256 billion. Export was down by 29 percent calculated in EUR, while import was down by 35 percent...
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Changes in sales of the top 12 chemical categories
Date: 2009-07-01 08:00:00
Sales of 60 household chemical and cosmetics categories are monitored by the Nielsen Retail Index. Changes between May 2008-April 2009....
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