Market News
Food price increase over the average
Date: 2008-06-12 00:00:00
In May 2008 consumer prices rose by 1.1% compared to the previous month and increased by 7.0% compared to May 2007. In May 2008 compared to the previous month food...
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Bread price increase by HUF 20-30
Date: 2008-06-12 00:00:00
According to the Association of Hungarian Bakers the cost of production (loan, energy, fuel etc.) grow so much, that the bakers must to increase their price. The association said minimum...
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Hungarian companies pay to late
Date: 2008-06-12 00:00:00
Among the researched contries in Hungary is the biggest different between the planned and real payment. Atradius made this research at 1200 companyies from SMEs to giants in Austria, Hungary,...
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Mobile Phone to Be New 'Fourth Channel' for Revenue
Date: 2008-06-12 00:00:00
Mobile devices represent a major growth opportunity for the retail industry by providing a new purchasing channel for consumers, a Cisco study reveals. The company's third annual e-commerce study...
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Factories close, supermarkets empty and jets run out of fuel in Spain
Date: 2008-06-12 00:00:00
Strike action by thousands of Spanish and Portuguese truckers produced ominous knock-on effects on food supplies, aviation and industry in Spain. Authorities at Spain's two biggest wholesale markets, Mercamadrid,...
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Hungary is the seventh most popular investment target in Europe
Date: 2008-06-10 00:00:00
Only Poland has a better position in the region, as shown in the survey by the professional services firm Ernst & Young, made on a sample of over 800 executives....
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Food safety control starts soon
Date: 2008-06-10 00:00:00
Before the inspection the Hungarian Food Safety Authority gives out information bulletins about how to evade the food poisoning. In the near next week begins the summer clean-up by specialist...
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Surplus at Hungarian trade balance
Date: 2008-06-10 00:00:00
Over the course of January–April 2008, the value of exports was HUF 6,394 billion, while that of imports totalled up to HUF 6,309 billion, according to preliminary results. The...
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The export of manufacturing continued to grow
Date: 2008-06-10 00:00:00
According to quarterly calculations gross domestic product of Hungary increased by 1.7% in the first quarter of 2008, and by 0.9% when adjusted for calendar effects. The economic growth of...
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Bye-bye Greengrocers
Date: 2008-06-10 00:00:00
The Daily Telegraph reports that nearly 3,000 greengrocers have closed in the past decade in UK. The newspaper said that shoppers have been left considerably worse off, with the...
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Dairy farmers won, retailers increase prices
Date: 2008-06-09 00:00:00
German dairy farmers say they have ended a 10-day strike protesting low milk prices. Milk federation union chairman Romuald Schaber said Thursday, "We dairy farmers are finally being met at...
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Eurozone Retail Sales Report Surprise Fall In April
Date: 2008-06-09 00:00:00
Retail sales in the 15-country eurozone fell unexpectedly in April, the third straight month of lower sales. Data from the Eurostat data agency showed that retail sales fell 2.9% year-on-year...
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Small stores closed also in Austria
Date: 2008-06-09 00:00:00
Last year more than 1,000 small shops finished their work in Austria, the number of small retail units fell to 52,690. According to the Austrian Federal Chamber of Commerce (WKO)...
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Improving Expectations in May
Date: 2008-06-09 00:00:00
In May the seasonally adjusted Economic Sentiment Index of GKI-that have been published since 1996-increased explicitly from the lows of April that have never been seen before. The survey of...
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(HU) Bizalmi elvet és nem túlellenőrzöttséget várnának a kereskedők
Date: 2008-06-06 00:00:00
...
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Industrial gross output increased in April
Date: 2008-06-06 00:00:00
According to preliminary data of Hungarian Statistic Oficce in April 2008 the industrial gross output increased by 11.8% compared to April 2007, the index adjusted by working days rose by...
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Hungarians traveled less than a year before
Date: 2008-06-06 00:00:00
In January-April 2008 guest nights fell 3 percent, while revenues at current prices grew 2 percent in public accommodations compared with the same period in 2007. International guest nights –...
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British government considers ban on cigarette packet branding
Date: 2008-06-06 00:00:00
The proposed ban is part of a consultation document that marks the start of a 12-week debate on how to cut the number of people smoking in Britain. Britain's Department...
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German Milk Farmers Relax Blockade of Dairies
Date: 2008-06-05 00:00:00
Thousands of striking German dairy farmers started to relax their blockades of dairies staged, but they continue the protest in front of retail shops. Dairy farmers in Germany and other...
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Supermarkets floorspace and market share grow
Date: 2008-06-05 00:00:00
According to Nielsen research company the Hungarian supermarkets increceased their sales as the average. In one year the food sales in supermarkets grow by 18%, the chanel's market share grow...
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The Greek government has mettings with Supermarket owners and dairy producers
Date: 2008-06-05 00:00:00
The government is concerned that rising prices and inflation of 4.6 percent – a six-year high – could do irreparable damage to its popularity. Development Minister Christos Folias has...
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Accusation in case M.E.G.A.
Date: 2008-06-05 00:00:00
In the course of a control in 2006 the specialist of food safety authority found tons of food with warranty periode expired. After 1.5 years enquiery the National Investigation Office...
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Hungarian farmers wants to protest
Date: 2008-06-05 00:00:00
The Association of Dairy farmers organises a national protest against the low milk prise. According to Istvan Toth, secretary of the association the organisation is solid with the farmers...
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Rice rationing hits UK consumers
Date: 2008-06-04 00:00:00
The cost of rice has soared around the world in recent months – and the resultant shortages are beginning to hit home. Some British supermarkets said they were rationing sales...
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Dutch Milk Producers Block a Cheese Plant
Date: 2008-06-03 00:00:00
The move follows further’s blockade of a Friesland Foods plant. Hundreds of Dutch milk producers blocked the entry to a DOC Kaas cheese manufacturing facility in the northern town of...
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The growth of the real earnings leads to expansion of the retail
Date: 2008-06-03 00:00:00
According to the forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank tthe Hungarian economy will get out from the last year’s “hole” in the second half...
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Széchenyi Card Success Story to Continue
Date: 2008-06-03 00:00:00
After a long preparation KA-VOSZ Zrt., Hitelgarancia Zrt and two ministries National Developing and Economy the new Széchenyi Card construction starts. Széchenyi Card 2 has a longer duration and the...
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In Europe the employees of informatic companies are the most contented
Date: 2008-06-02 00:00:00
Two softver company, Microsoft and Reaktor Innovation lead the „Best employer in Europe 2008” list made by Great Place to Work Institute. Financial Times publishes a special report ranking the...
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Less mosquitos, but more moth last summer
Date: 2008-06-02 00:00:00
According to Nielsen's Retail Index last year fall the demand of insecticides in retail, but request of mothpowder increased. The whole market is HUF 3,5 billion, last year the...
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