Market News
World grain market prices significantly decreased
Date: 2009-08-17 00:05:10
According to the Hungarian Chamber of Agriculture, domestic and world grain market prices significantly decreased in recent months. In the last month, the price of cereals in Hungary also fell...
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Cost of Living became cheaper in the euro area
Date: 2009-08-17 00:04:25
Consumer prices fell at record level in the euro zone in July, mainly due to the fact, that less need to be paid for energy and food. According to Eurostat...
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Hungarians consume less biscuits than most of the citizens of the union
Date: 2009-08-17 00:03:00
Hungarian Confectionery Manufacturers Association assists the cereals made sweets lovers with a biscuits and muesli slice code. When eating biscuits and cornflakes from cereals, a lot of valuable nutrients get...
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So far, 40 percent of the hosts were fined
Date: 2009-08-17 00:02:40
During its mid summer restaurant control, the National Consumer Protection Authority found problems at the 40 percent of the catering units. The fine was 25 million HUF. Last year, more...
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U.S. sugar stocks are on a thirty-four-year nadir
Date: 2009-08-17 00:01:00
The leading U.S. food producers, such as Mars recently warned the Obama government to take immediate steps, because they will soon run out of sugar. Many jobs can be a...
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Quick report on agricultural producer prices by KSH
Date: 2009-08-14 00:13:00
The level of agricultural producer prices decreased by 13 percent in June 2009, compared to the same period of the previous year. In particular, the price level of plant products...
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German and French economies are growing, while Hungarian GDP falls
Date: 2009-08-14 00:09:30
According to Frankfurter Allgemeine Zeitung referring to the Federal Statistical Office the worst recession in German history has ended. In the second quarter of this year, the German economy increased...
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Tens of thousands forints can be saved on starting school
Date: 2009-08-14 00:05:00
Parents can achieve up to 20-25 percent savings at pre-school shopping for the school year. The bid can be 50-100 thousand HUF per child, so it is important, where and...
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The inflation data has shown that traders swallowed most part of the VAT increase
Date: 2009-08-13 00:09:59
The July VAT increase did not appear fully in inflation, because in the shrinking domestic market, many traders were not able to increase their prices, in addition to the seasonal...
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Selective waste collection: people declared themselves more eco-conscious than in reality
Date: 2009-08-13 00:09:26
Only 18-20 percent of the plastic bottles are collected selectively in Hungary, even though 75 percent of the population is aware of environmental problems resulting from the PET bottles. According...
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Mangalica ham is popular in the United States
Date: 2009-08-13 00:06:00
According to Tóth Péter President of the National Association Mangalica breeders; On the basis of sales, the turnover of the Hungarian mangalica ham can reach 1-2 thousands in the U.S....
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Record amounts of corn harvest in the United States
Date: 2009-08-13 00:01:30
According to the most recent datas of the U.S. Ministry of Agriculture a record corn harvest and decrease in prices are expected. The projections show that the corn harvest this...
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Separate shops are more preferred than plazas
Date: 2009-08-12 00:11:00
According to the June research of GKI; Hungarian buyers prefer more Separate shops than shopping malls. More than one-third of the asked purchases mostly in separate shops. One quarter of...
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5.1 percent price increase in one year
Date: 2009-08-12 00:10:00
According to the datas of KSH, the one month's average consumer price increase was 1.3 percent in July 2009. Compared to July 2008 the prices increased by 5.1 percent, if...
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Sziget is good for everyone
Date: 2009-08-12 00:04:35
The organizers of Sziget Festival, can only calculate whether a profit has been made, after the event. But businesses can reckon on the additional economic benefits of the Festival. The...
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Hungary and Ukraine have the worst business climate in the region
Date: 2009-08-12 00:03:00
According to the survey of Thomson Reuters OeKB the perception of the foreign companies operating in Eastern Europe, on their own business environment and the whole economy strongly improved. According...
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According to the Ministry of Economy, there is no need for qualified cashier
Date: 2009-08-12 00:01:30
The new regulation of the Ministry of Economy would abolish the requirement of vocational training for the most of the trade jobs. The trade union fears from the obsoletion of...
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The retail sales of cleaners and hair dyes increased extremely
Date: 2009-08-11 00:06:12
According to Nielsen Market Research Company, the retail turnover of household chemical goods and cosmetics grew by 3 percent approaching 300 million HUF per year. Nielsen based its survey on...
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The National Trade Association afraid of bankruptcy wave
Date: 2009-08-11 00:05:22
According to Vámos György the Secretary-General of the National Trade Association, the damage caused by the two-digit VAT increase will bankrupt traders, entrepreneurs, especially retailers. One of the chain of...
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Wineries not dare to improve
Date: 2009-08-11 00:04:30
Wineries’ planned investments of this year can fail. Banks cut back on their lending activities due to the crisis, so capital poor wineries will not have excess despite having successful...
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A decreasing interest on cereals
Date: 2009-08-11 00:01:20
According to the Hungarian Chamber of Agriculture; wheat’s price is 30 thousand HUF per tonne due to the small demand for grain. The price of autumn barley is only 25...
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Crisis do not put a large effect on the toilet paper and paper handkerchiefs consumption
Date: 2009-08-10 00:09:30
The retail sales of household paper increased by 10 percent between July 2008 and June, 2009, compared to the previous comparable period, and exceeded of 42 billion forints – states...
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Half million hectoliters less beer consumed last year than 2007
Date: 2009-08-10 00:08:30
The economic crisis has reached the Hungarian brewing industry. The total sales of the breweries decreased by 7 percent, compared to the previous year. The growth trend of the previous...
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The reputation of the large Hungarian companies became measurable
Date: 2009-08-10 00:07:00
The reputational ranking of the largest companies has been completed. The B & P BrandAktív measured the social assessment of 40 leading domestic companies in the last two months. The...
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It will be easier to open small shops in the future
Date: 2009-08-10 00:04:00
The government would liberalize the trade activities significantly in the future. It will be enough to report to the competent notary the opening of a new shop. The simplification is...
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Eight out of ten women feel compunction, after big shoppings
Date: 2009-08-10 00:02:30
According to a survey ordered by British ice cream manufacturer company Skinny Cow, 83 percent of women feel compunction, after shopping and overspending. The ladies mostly feel unpleasant because of...
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Pigs in urban gardens
Date: 2009-08-10 00:00:30
More and more British families believe, that it is not necessary to buy expensive food from hypermarkets. The food produced by themselves is more delicious, cheaper, and likely to be...
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The GVH has terminated the investigation connecting to Food Code
Date: 2009-08-07 00:03:15
Economic Competition Authority terminated the investigation against the signatories of the food code. The code was not suitable to restrict competition in the market, and did not come into force...
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Food retail increases since last December
Date: 2009-08-07 00:03:10
According to Nielsen market research company’s report called ’Economic Current’ on monthly trends; The effects of recession on food retailing slowed down in the ten major market of the world....
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A growing number of cheap, own branded goods are purchased
Date: 2009-08-07 00:03:00
According to the datas of GfK Hungária Consumer Tracking, the Hungarian households left nearly 4 percent less money at the shops for household chemical goods and food in the first...
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