Market News
Decreasing real wages, but “only” in the budgetary sector
Date: 2009-05-20 00:15:43
According to Central Statistical Office’s most recent report, real earnings and the number of the employed have been decreased. The biggest losers are the employees in the budgetary sector. The...
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Significantly decreasing cereal harvest to be expected in 2009
Date: 2009-05-20 00:10:00
Due to the dry weather cereal harvest may be reduced up to 30 percent, compared to last year’s harvest –said Vancsura József the Chief Executive Officer of National Association of...
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A three year peak in the German economic mood
Date: 2009-05-20 00:03:00
The German ZEW economic sentiment index in May, is, increased 20 points higher than expected to 31.1 points from the 13 points of April. But the subindex reflects on the...
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Shopping malls in Austria – the outbreak of construction fever?
Date: 2009-05-20 00:01:00
Despite the economic crisis, in the next three years, 46 new shopping center are planned to be constructed in Austria. The territory of Austrian shopping centers would increased to 800...
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Fourty percent of the Hungarians adults has bank loans
Date: 2009-05-19 00:36:40
Nielsen market research company's representative survey of April states that Hungarians are less pessimistic of their personal financial situation than in March. Compared to March those who think that the...
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Trade in the euro area has improved in March
Date: 2009-05-19 00:07:00
The balance of trade in the euro area unexpectedly improved in March, due to the fact that exports decreased at a lower rate than imports. The trade balance showed a...
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Cash instead of meal ticket?
Date: 2009-05-19 00:05:00
According to two young Economists of ‘Newagegroup’ (Újkorcsoport) organisation, meal tickets should be given to the workers in cash. Kaderják Dániel and Balázs András stated that the free meal vouchers...
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Satisfied inspectors?
Date: 2009-05-19 00:03:00
According to the spokesman of the National Work and Labor Inspectorate (OMMF) despite the more stringent controls last year, the number of infringements in agriculture did not increase – reports...
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Competition for the retention of jobs
Date: 2009-05-18 00:43:41
A Competitionhas been announced in order to the retention of jobs with a total of 20 billion HUF for micro, small and medium-sized enterprises. The companies wit at least five...
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Who will be the greener?
Date: 2009-05-18 00:20:40
Students of a Salgótarján school won the “Who will be the greener?” waste deposit competition. The hard-working students’ reward will be a half a million forint excursion thanks to Tesco....
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Decreasing producer prices in agriculture
Date: 2009-05-18 00:08:11
The producer prices in March decreased by 26.8 percent compared to the same period to the previous year’s – states the quick briefing of the Central Statistical Office. The price...
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Suspicion of carteling in the sugar industry
Date: 2009-05-18 00:03:00
A number of sugar companies, are under investigation for the suspiction of carteling by the Economic Competition Authority. According to the Economic Competition Authority the alleged agreement could limit the...
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Crisis helps Hungarian wines?
Date: 2009-05-15 00:49:00
The difficult economic situation valorises domestic tourism, foreign tourists also choose closer locations instead of exotic trips. If they are visiting our country, they surely taste local wines – believe...
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Taxation of the meal vouchers would be a handicap for everyone
Date: 2009-05-15 00:42:00
Two and a half million workers, and every fourth restaurant would be affected by the taxation of a meal vouchers –states the Food Distributors Voucher Association (EUFE). According to the...
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Hungarian pork price increases
Date: 2009-05-15 00:19:00
The remainder of the year the price of pork can increase up to 10-15 percent. The increasing import and the surplus accumulated in the EU, can reduce prices. Slaughterhouses bought...
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Advance payment of agricultural support arrives soon
Date: 2009-05-15 00:10:00
Agricultural enterprises preparing for technological development can acces requested advance payment in one or two weeks. According to Gőgös Zoltán the Secretary of the Ministry of Agriculture and Rural Development:...
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The administrative burden should be reduced Europe-wide
Date: 2009-05-15 00:06:00
According to the survey of the European Commission: small and medium-sized enterprises states, that administrative and regulatory burdens are the most serious problem. Reducing the administrative burdens with 25 percent...
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Retail datas from the Czech Republic are better than expected
Date: 2009-05-15 00:03:00
The Czech retail sales in March decreased significantly smaller than, what analysts expected. Comparing to the same period of the previous year the retail sales in Czech Republic, decreased by...
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Buying less from the same
Date: 2009-05-14 00:38:22
According to the latest research of GfK Hungária, households tend to buy less from the normal day-to-day consumer products. Inspected by Hungária GfK and the Corvinus University, the complex of...
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End of excessive consumption?
Date: 2009-05-14 00:27:01
The crisis forces people in United States and Europe as well for saving as much as possible. According to many experts, ‘the culture of forced consumption’ will not return. Due...
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Bad news from the U.S.A.
Date: 2009-05-14 00:20:59
Instead of stagnation, 0.4% decline has occurred in the U.S. retail sales during April. Easter period could not help retail turnover. Comparing to the the same period of previous year,...
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Cafeteria – 200 thousand HUF plus per year
Date: 2009-05-14 00:16:38
According to the analysis of Hewitt Human Consulting Ltd. the optional system of fringe benefits does not increase the long-term commitment of the workers, but can contribute greatly of their...
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Wine distillation support from EU source
Date: 2009-05-14 00:07:47
Those producers who has a fix delivery contract with commercial distilleries can receive wine distillation support. According to the statement of the Agriculture and Rural Development Office, an applicant is...
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Two hundred thousand Romanian companies are on the edge of bankruptcy
Date: 2009-05-14 00:03:00
Thirty or thirty-five percent of listed companies in Romania will put an end to its activities because of the introduction of the flat-rate tax – states the President of the...
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Consumer expects improved in May
Date: 2009-05-13 01:15:08
After more than half-year of falling, the seasonally adjusted values of the GKI consumer confidence index has been increased by 4 points in May. According to the survey supported by...
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Negative record of the corporate prosperity index
Date: 2009-05-13 01:09:18
According to the survey of MKIK Institute and Business Analyst Institute the corporate prosperity index fell into a record low level of 18 percent, in April. The survey made by...
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Low producer prices in agriculture
Date: 2009-05-13 00:46:05
After two years of dynamic growth, the agricultural producer prices decreased with 3 percent in 2008 states the most recent analysis of Kopint-Tárki and Agri-Europe ltd. Producer prices in 2006...
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Coffee prices increases
Date: 2009-05-13 00:42:53
Analysts have believed that the economic crisis will reduce prices and will drop back demand. However the price of coffee started a rapid increase due to strong demand, instead of...
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Shopping malls are empty
Date: 2009-05-13 00:38:33
Once people were justling in shopping malls, many of these malls are almost deserted now. According to experts, this is not only because of the economic crisis, the redistribution of...
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The proportion of domestic products can be 80 percent from July
Date: 2009-05-12 00:54:39
In July, the agreement, of producers, processors and traders will come into force that efforts should be made to increase the proportion of the domestically produced products from the current...
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