Market News
The jobs of Cowboys are in danger
Date: 2009-05-12 00:39:28
Raw milk’s price is about 55-61 HUF / kg which is a 31 percent decline to the same period of previous year's. If the purchase price stays under 60 HUF...
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Vegetables, fruits, black economy
Date: 2009-05-11 00:56:37
Black economy has a 40 percent proportion in the vegetable and fruit sector. The Marketing Board believes that the primary production system is obsolete and would be better to introduce...
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Small shops purchases discount priced goods
Date: 2009-05-11 00:52:13
Noone knows, even the market researcers that how much of the big Food trade chains’, discount goods land the shelves of independent merchants at a higher price. Often, in a...
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Decreasing prices in Slovakian shops
Date: 2009-05-11 00:48:02
The Slovakian chain of stores had to reduce their prices, because their costumers were shoppping in Hungary due to the weak Forint. The Hypernova, the Ahold, operator of Albert chain...
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Prospects for oilseed market
Date: 2009-05-11 00:35:44
In recent years, cereals and oilseeds industry were the Hungarian agriculture’s most integrated sectors at the international market. However the recent price fluctuations and the saturation of the European biofuel...
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“Choose Domestic!” – web site encourages on purchasing Hungarian goods
Date: 2009-05-11 00:32:53
The creators of magyar-termekek.hu collects not only the Hungarian products, but the domestic manufacturers and the chain of shops too. They emphasizes that with the purchasing of domestic products of...
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A Reduce in consumption, but improving balance
Date: 2009-05-11 00:17:39
According to GKI Economic Research Ltd. and Erste Bank's 2009 prognosis: recession continues an deepens for a while, but pessimism all over the world is decreasing. The Hungarian economy on...
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US Fast-Food turnover declined
Date: 2009-05-11 00:01:00
The fast-food segment posted a 1 percent year-over-year drop in traffic during the quarter that ended in February – the first venture into negative territory since the same quarter in...
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The Hungarian origin of the goods is getting more important to the costumers
Date: 2009-05-08 01:37:20
After the good quality and the appropriate price, domestic origin has become the third most important criterion in selecting a product. Slight increase has been experienced in the ground of...
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Digital shelf tags in shops
Date: 2009-05-08 01:32:05
A new breed of Digital shelf tag systems appeared in Hungary. The centrally controlled data display informs the customers more reliable and cheaper in the long-terms. The price changes, different...
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Retail will fall back due to the reduction in the pensioners' income
Date: 2009-05-08 01:23:49
Reduction of the thirteenth monthly pension can reduce pensioners' income down with 8 percent lower. Elderly people can save on eating primarily. The statistics show that the pensioners purchase more...
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A truce in the American-European customs war
Date: 2009-05-08 01:17:56
After thirteen years the American-European customs war because of the hormone-treated U.S. beef can end. The worst part of the conflict was at the end of George W. Bush term...
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The epidemic may be a pretext to restrict trade
Date: 2009-05-08 00:58:06
The agriculture ministers of Mexico, the United States and Canada called on governments not to use the flu on the introduction of trade restrictions – the BBC reported. Almost 20...
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Surprising results of the latest food safety research (X)
Date: 2009-05-07 01:36:00
The research result of GKI draws attention to the importance of food safety developments. GKI Economic Research Ltd’s research shows that 24% of the domestic population generally does not believe...
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Reduced turnover of the products of traditional firstling
Date: 2009-05-07 00:15:54
Due to the dealers experience the turnover of vegetables and fruits fell heavilycompared to past year. Customers have less money and due to the weak forint, imports became more expensive....
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The export support of the small and medium-sized businesses’ on the riskier markets
Date: 2009-05-07 00:11:45
In the near future, Eximbank will get 142 million euros as the part of the 578 million euros state loan to provided to the Hungarian Development Bank . The claims...
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Reduced turnover of baths
Date: 2009-05-07 00:01:02
Due to the calculations of the Hungarian Spa Association (MFSZ) the taxation of recreation cheque could cause twenty percent reduction of the domestic traffic in spas and wellness hotels. In...
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The Hungarian households try to save on electricity, gas and clothes
Date: 2009-05-06 00:56:53
Almost two-thirds of the Hungarians reduced electricity and gas consumption during last year and spent less on clothing. 22 percent of the Hungarians has no any savings after having paid...
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Surprising results of the latest food safety research (X)
Date: 2009-05-06 00:53:54
The research result of GKI draws attention to the importance of food safety developments. GKI Economic Research Ltd’s research shows that 24% of the domestic population generally does not believe...
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GKI report on the situation of the Hungarian real estate market
Date: 2009-05-06 00:49:59
GKI’sApril market analysis notes, that the real estate sector is clearly one of the biggest losers of the financial-economic crisis. Assessment of the housing situation in 2008 is steadily deteriorating...
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Save on office paper!
Date: 2009-05-06 00:29:57
With reasonable printing billions can be saved. In Hungary, in particular the administration and education wastes most of the of paper. In Hungary approximately 425 million HUF per year is...
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Free parking for suppliers
Date: 2009-05-06 00:16:34
Suppliers does not have to pay parking fee during the loading time after Metropolitan Assembly has accepted Budapest Chamber of Commerce and Industry’s proposal. According to regulation between 10 and...
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Hard times for the retailers of shopping centers
Date: 2009-05-06 00:11:26
The fall in household consumption causes downhill-ride for the retail sector. Customers increasingly looking for cheaper products, which affects negatively the more expensive shopping centers. The decreasing demand may have...
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Adult education – the more efficient usage of human resources
Date: 2009-05-06 00:02:00
Especially those companies can survive, the global economic crisis, which focuses on not only the business but also the training of the staff. The majority of small businesses in Hungary,...
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Committed to quality and unbroken customer confidence!
Date: 2009-05-05 08:00:00
Szikrai Borászati Kft. has been present in the market in its present form since 2004. Its owner and CEO, Tibor Sári and his team are committed to quality and reliability....
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Euro zone slowing down as well
Date: 2009-05-05 08:00:00
GDP was down by 1.6 percent in the Euro zone countries in the last quarter of 2008, compared to the third quarter, which was more than the anticipated 1.5 percent...
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Market share of PL mineral waters dropping
Date: 2009-05-05 08:00:00
Growth has stopped in the mineral water category. A drop of 2 percent in retail sales in terms of value was registered in the March 2008-February 2009 period, reducing the...
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We are first in terms of insolvency in EU
Date: 2009-05-05 08:00:00
According to Zoltán Dercze, director of Coface Hungary, we have the highest percentage of insolvent companies inside the EU. One out of 24 companies existing in January, will not survive...
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Mineral water brands looking for ideal price/profit ratio
Date: 2009-05-05 08:00:00
In spite of the recent drop in sales, the mineral water category still has potential for growth. However, closer co-operation with the retail sector is required to utilise this potential.....
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Industrial statistics continue to worsen
Date: 2009-05-05 08:00:00
Industrial production was down by 25.4 percent in February 2009, compared to the same month in 2008 and by 4.1 percent compared to January 2009. As a result of a...
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