Market News

WTO: world trade expands, but the recovery is uncertain

According to the datas of the World Trade Organization; mainly in Asia and the emerging areas drag the world behind, Europe ails, while in the United States, everything is uncertain....

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The bank of the poor to be launched

In two and a half years, 400 million forint loan would be lent in the scope of the program. About 400 businessess can start, from the loan provided by Raiffeisen...

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One fifth of the Hungarians have savings

Majority of the savers see their current financial possibilities gloomy. The saving ability of the population decreased – shows the latest datas of the Raiffeisen-GfK Savings Index. "Beside the unsafe...

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German service sector accelarates

According to the Monday datas of the Statistical Office; The revenues of German companies operating in the service industry, grew by 5.3 percent in the second quarter. The German service...

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We can make 50 liters of ditillate, without paying excise tax

After the new rules over Pálinka distillery, entered into force we can make 400 liters of distillate at home. The distillate can also be sold, although this needs small-scale licenses...

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The FAO expects price increases, but not crisis

The Food and Agriculture Organization (FAO) of the United Nations estimates, that the extension of Russian grain export ban will not cause another food crisis. Although this may cause price...

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Hungarian meat exports to Vietnam and Laos

Hungary may be the third EU member state, which will sell its meat products in Vietnam and Laos – said Czerván György, Secretary responsible for agriculture, in the Rural Development...

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Bread prices may increase within 1-2 weeks

From the middle of this month, bread may be more expensive, at several stores. The price negotiations are now underway between the bakery businesses, the retail stores and the supermarket...

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Germans spent 3.9 billion euros on drugs without prescription, in the first half of the year

The turnover of nonprescription medicines and medicinal preparations decreased by 1.5 percent, to 3.9 billion euros, in the first half of the year in Germany, compared to last year’s January...

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The Chinese and U.S. manufacturing datas blew away the concerns

U.S. investors stopped their anxiety, after the better-than-expected U.S. manufacturing datas came in. The Chinese and the Australian datas also increased the improving business sentinel. Although adverse employment datas arrived,...

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European companies feel their position disadvantageous in China

European companies want equal treatment and similar access to the Chinese market, just as the Chinese companies – presents the EU Chamber of Commerce in China in its annual year...

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Goose feather and the goose liver may become Hungarikums

The new legislation will declare goose feather and the goose liver as Hungarikums – turned out at the consultations between the Poultry Product Council (BTT) and the Ministry of Rural...

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Food prices on two year peak

Global food prices increased in August for the third consecutive month. FAO’s global price index increased to its two year peak. The FAO food price index – which records the...

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The world's second largest fast-food network to be sold

According to the informations of the Wall Street Journal; Burger King negotiates with a British private equity company, over the sale of the company. Several companies purchased Burger King from...

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Increasing consumer spending in the United States

Spendings increased in the world's largest economy with the highest rate, (0.4 percent) since March. According to analysts; the strengthening, is due to the slight increase in real incomes, and...

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Retail trade: We pay still less on daily consumer goods

According to GfK Hungária; The market of daily consumer goods continues to decline in Hungary. In the first half of 2010, the market of daily consumer goods decreased by 0.5...

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Pos Media – Acquisition of Célcsoport Média in Hungary

After it’s recent successful expansion into Ukraine and Turkey, POS Media Europe, the leading European point of sales media agency, has acquired a majority stake in Célcsoport Média Ltd in...

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The Russian government considers a price stop

In Russia, certain foods become more expensive to the extent that it allows the government to restrict their prices. However, there are several counter-arguments against the measure, therefore, the government...

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Disappointing second quarter results in the European food retailing

According to Nielsen’s Growthreporter analysis; European food retailing decreased in ten countries, including Hungary. In Hungary 3 percent less food, household chemicals and cosmetics (FMCG) have been sold in retail,...

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Improved economy, declining international confidence

According to the forecast of GKI Economic Research Co. in cooperation with Erste Bank; this year’s economic growth of Hungary will be around 1 percent. The Hungarian economy, after the...

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Liquidations in Central Hungary

According to the datas of Opten; In the first half of the year 22 percent more liquidations were carried up in the Central Hungarian Region, than in the same period...

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The area centers may be important fair locations

Matthias Limbeck, manager for Reed Exhibitions in Austria, expects real changes on the fair markets at smaller fairs in Central Europe. He believes ,the prosperous regions can improve their own...

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Fed: a weaker-than-expected recovery

The economic recovery from the crisis is weaker than expected, but we are ready for further steps, if it is necessary – said Ben Bernake chairman of Fed. Shortly before...

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First book published about displays

‘Inspire people to buy more!’ is the title of the first book about displays, published by Deutscher Fachverlag. The 300-page, English- and German-language work was introduced at the Deutscher Supermarktkongressen...

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Prices in agriculture continue to fall

The production price level of agricultural products was down 0.6 percent in May 2010. In April the fall was 5.7 percent in comparison with the same month last year –...

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Family budgets reshaped for the umpteenth time

While in the European Union retail turnover fell at the same rate as in November 2008, in Hungary it decreased by 4.7 percent in the first four months of 2010,...

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Crowd trampling

Wal-Mart, the world’s biggest retail chain has been fighting for months against paying a USD 7,000 fine, while they are spending millions of dollars to settle the case in the...

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Green message instead of a brand name

A German businessman tries to grab the attention of consumers with the message ‘Stop The Water While Using Me!’, which is printed on toothpaste tubes, shower gel and shampoo bottles...

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Electronic communication: an investment with rapid return

Consumers remain the most important for a company even in the worst economic period, and a comprehensive, fast and accurate business management system with electronic devices creates advantages for them...

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Restructuring, not restoration

Market research company NPD asked the opinion of 71,000 consumers and found that shopping habits changed for good, there is no hope for restoring them. The cake has become smaller...

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