Market News

Importance of outsourcing felt by many now

There is no need to prove that the logistic sector has been hit very hard by the recession. Logistic enterprises are forced to grant substantial discounts to their clients in...

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Change in VAT to have little effect on inflation

According to a study by KOPINT-TÁRKI Konjunktúra Kutató Zrt. and Agrár Európa Tanácsadó Kft., food inflation is expected to be significantly lower in 2009 than a year ago owing to...

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In May, the first time in a nine-month period the economic index of GKI has been improved.

The seasonally adjusted values of the GKI consumer confidence index has been appreciably increased after last October’s fall and April’s stagnation. According to the survey of GKI Economic Research Co....

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Every third Hungarian purchases in small stores

According to the datas of GfK Hungária, the long-term change in consumer habits, seems to strengthen due to the economic crisis. The number of high rate shopping has been decreased,...

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The European Commission to examine food shop prices

It is observed in many European countries that the decrease in prices in the food market does not follow by a decline in consumer prices. While a large number of...

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Retail trade turnover has been decreased in March

The volume of retail sales decreased by 3.6 percent in March, and declined with 3.2 percent in the first quarter compared to the same period of previous year – states...

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The small meat-processing companies are in hopeless situation

Those domestic meat industries can survive the crisis whivc has own raw material production, has significant opportunities for domestic sales, and has export markets. The smaller companies working with imported...

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Economic Competition Authority inspects the ethical code of food

The ethical code of food was signed by a number of professional organizations and associations in mid-April. The ECA started an inspection because of the suspicion is that there is...

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IFO index has improved, but not enough

The IFO index reflecting the business mood in Germany increased to 84.2 points in May however, the improvement is less than the expected 85 points. he participants of the survey...

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Ghost malls in the United States

The huge shopping malls established in the 50’s – which are the basic institutions of American consumer society – are empty, their number is decreasing. The groups operating the shopping...

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Cheaper loans for small and medium enterprises

Government will allow small and medium-sized businesses to obtain government guarantees 25 percent cheaper, if they do not exceed the amount of credit last year's personal efforts. New chapters have...

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Pessimistic forecast of the Ministry of Finance

According to the forecast of The Ministry of Finance, the private consumption decreses with 6-7 percent, exports decreases with 15 percent this year due to the deepening global economic crisis....

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The world's grain production will be lower than last year

This year, 5.7 percent less wheat will grow on Earth, compared to 2008. The expected total weight will be 651 million tonnes. Accordingly, the prices are rising moderately – reports...

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During purchasing we take care about packaging

According to the investigation of HUMUSZ, the majority of consumers believes that there would be a need of refilled drink packaging the need for the collection of discarded packaging. It’s...

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European economy showing positive signs

European economy is showing signs of stabilization after shrinking at the fastest pace in at least 15 years in the first quarter. Markit’s manufacturing index rose to 42.4 this month...

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Internet and GPS, is also necessary to the AKG support

From 1 June the new agri-environment support the AKG is available online. For the support the farmers will need a GPS – reports the Hungarian Chamber of Agriculture. The goal...

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EUFE suggest lower taxes for the hot food vouchers

According to the Association of Food Voucher Distribution (EUFE) the 32 percent tax rate will result a drastic decline in consumption, therefore proposes a tax of up to a maximum...

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How we can stay healthy

According to the recent survey of GfK Hungária: only one-tenth of the population cares about healthy nutrition. GfK Hungária and TÁRKI examined the public health, nutrition and purchasing habits. The...

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Increasing fruit prices

The dry weather of the recent weeks reduces the horticultural production, so rising prices can be expected this year. Purchasers and processing plants have to deal with the threatening bankruptcy....

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Improved sentiment in the Euro zone

In May, the Purchasing Manager Index has been increased to its eight-month peak exceeding the expectations of analysts and the rate of economic downturn, further decreased in the Euro zone....

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Café or Coffee Capsules

The rising Colombian coffee prices do not increase the price of the black coffee in Hungary, it has a marginal role in the domestic merket. In Hungary the price of...

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Chocolate and dog food is crisis-resistant

Many products’ turnover can withstand the pressure of economic crisis. It seems that the consumer does not want to give up everyday comfort feeling. Worldwide, it was found that the...

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Decreasing orders in the packaging industry

With the drop in the Hungarian manufacturing orders for packaging manufacturers also fell 10-30 percent since January. Despite the decline in orders, the prices of raw materials did not change....

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Guest workers return in large numbers

Due to the foreign job losses this year 25-30 thousand Hungarians forced to return home. It is feared that many of them will remain unemployed. According to the datas of...

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Decreasing real wages, but “only” in the budgetary sector

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

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

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?

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

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

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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