Market News
GDP: 7.1 percent decline, with surprising composition
Date: 2009-12-10 00:06:29
Hungarian GDP developed surprisingly. The stocks have risen for example, as well as the production of the financial and real estate sector. Experts predict smaller degree of economic decline from...
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Global food prices are on a 14-month peak
Date: 2009-12-10 00:04:19
According to FAO, United Nations’ Food and Agriculture Organization; the global food prices – after a temporary decrease – once again began to increase, and reached a 14-month peak in...
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Superbrands Hungary and the BKIK cooperates
Date: 2009-12-10 00:04:02
Wiszkidenszky András, the director of Superbrands Hungary and Szatmáry Kristóf, President of the Budapest Chamber of Commerce and Industry (BKIK), agreed that the Chamber will give technical support in the...
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From summer 2010, only one quick loan is available within half a year
Date: 2009-12-10 00:03:02
As Christmas approaches, the trade loans are popular again. The Financial Supervisory Authority (PSZÁF) alerts borrowers for prudence and foresight. Several financial institutions traditionally became the service provider of the...
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Tokaj from Tokaji – Hungarian-Slovakian wine struggle
Date: 2009-12-10 00:01:05
The Slovakian Minister of Agriculture asked help from the European Commissioner of Agriculture and Rural Development. Slovakia complains that Hungary changed its brand name Tokaj from Tokaji, this summer. The...
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Christmas not counterweights declining consumption
Date: 2009-12-09 00:06:28
According to the datas of GfK Hungária; household consumption decreases by about 7 percent compared to 2008, as well as a significant structural change was also witnessed in purchasing of...
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Industrial production increased in September-October
Date: 2009-12-09 00:06:25
The industrial production is increasing for the second month in October after the decline of July and August. Compared to the previous month, increased by 3.7 percent in September, and...
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Retail may rise again next year
Date: 2009-12-09 00:06:01
According to the latest study of Cushman & Wakefield's on European retail; The decrease in retail rentals will last until mid 2010, the boom in rents is estimated for 2011....
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Most people worry about air and water pollution the most
Date: 2009-12-09 00:05:11
According to the survey of the Nielsen market research company; In Hungary the number of those who worry about the climate change also reduced, just like all over the world....
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Further decline can come to the Hungarian labor market in early 2010
Date: 2009-12-09 00:03:25
According to the datas of Manpower’s international survey; a downturn is expected on the Hungarian labor market in the first quarter of 2010, however, there are signs of cautious optimism....
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Be careful with online shopping!
Date: 2009-12-09 00:00:25
More and more people are looking for web sites, hoping to find cheaper Christmas gifts. The store sales are not expected to increase, compared with last year. Online shopping, however,...
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Men leave purchase to the last minute
Date: 2009-12-08 00:06:12
According to the joint Christmas survey of Kirakat.hu store comparision site, and Ipsos Ltd.; People plan to buy fewer gifts for the Christmas this year. The number of those who...
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Less valuable gifts may be under the Christmas tree
Date: 2009-12-08 00:05:59
Fourty-two percent of the population is planning to spend less on Christmas presents this year, compared to the previous year – shows the survey of Kérdőívem.hu. More than half of...
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Copenhagen climate summit begins
Date: 2009-12-08 00:05:58
The 15th UN climate summit has started in Copenhagen. On the event lasts until 18th December, representatives of 192 countries will be debating over the new global climate agreement which...
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Holiday from health insurance resources payments
Date: 2009-12-08 00:03:28
According to Stability Fund Association; It is worth to collect money for the holiday in health insurance funds, because it has a number of benefits. Several catering companies are waiting...
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Declining manufacturing orders in Germany
Date: 2009-12-08 00:01:25
The German manufacturing orders showed an unexpected fall on October monthly basis, suggesting that the recovery of the largest European economy, is getting slower. According to the seasonally adjusted preliminary...
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One can buy until 2 pm on Christmas Day
Date: 2009-12-08 00:00:55
The shops can be open until 2 pm on 24th December, on 31st stores will close earlier than usual, at 6 pm. During the Christmas holidays, on 25th and 26th...
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EUFE launched its roadshow for the renewal of high-quality public nurition
Date: 2009-12-08 00:00:10
EUFE’s (Meal Vouchers Distributor Association) Roadshow arrived to its first stage to Gödöllő. The initiation seeks to promote healthy nutrition and mor variable public nurition. The program aims to encourage...
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EU's GDP increased again
Date: 2009-12-07 00:05:02
In the third quarter of this year – the first time since January-March 2008 – European Union's economy expanded, compared to the previous quarter. According to Eurostat; The gross domestic...
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London started the Christmas season energetically
Date: 2009-12-07 00:03:21
Despite the recession, the first major pre-Christmas shopping weekend in London was characterised by spending fever has not seen for two years, where millions of customers stormed the British capital's...
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The crisis does not affect the food deliveries
Date: 2009-12-04 00:04:28
Food delivery companies do not seem to face a significant downturn. The fast delivery, the changing supply and the energy saved on cooking are enough convincing reasons not save on...
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Winery at the Corvinus University
Date: 2009-12-04 00:02:11
The Corvinus University of Budapest (BCE) will create a Vine and Winery Institute, in order to further increase the traditionally good quality of the domestic wine education and research, from...
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Decreasing alcohol consumption in Russia
Date: 2009-12-04 00:00:15
This year, in the January-September period, Russian alcohol sales decreased by 15 percent in volume, compared to the same period of the last year. Vodka consumption has decreased by 15-16...
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Sales approach an annual HUF 27 billion
Date: 2009-12-03 08:00:00
Demand for wiener is steady: 27,000 tons were sold in September 2008-August 2009, just like a year earlier, according to the Nielsen Retail Index. Wiener sales grew above the meat...
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Producers paid less for meat
Date: 2009-12-03 08:00:00
The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and fruit/vegetable products. Their last report reveals that the production price of domestic pork fell by...
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The crisis made wiener buyers more rationalistic
Date: 2009-12-03 08:00:00
Consumers accept pre-packaged wieners and do not think of deli counter wiener as better. The price advantage of the latter is also dwindling and it is important to be aware...
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GKI expects Euro’s exchange rate to be at 260 Forints next year
Date: 2009-12-03 08:00:00
According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, the Hungarian economy hit rock bottom in autumn 2009 and in the 4th quarter a modest growth is expected....
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They spent more on wieners
Date: 2009-12-03 08:00:00
According to GfK Hungária’s ConsumerScan, Hungarian households bought 3 percent less wiener in the first eight months of 2009, compared to the same period last year. The average price per...
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Retail in a bad patch
Date: 2009-12-03 08:00:00
Retail sales continued to fall in August, in terms of volume. Sales turnover of retail stores was down by 4.2 percent in the first eight months of 2009 and by...
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In terms of volume pálinka, in value bitters lead
Date: 2009-12-03 08:00:00
Spirit retail sales are stable in terms of value, surpassing HUF 73 billion in October 2008- September 2009, just like a year earlier. However, Nielsen registered a 5 percent decline...
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