Market News

The trade balance showed a surplus

In June 2008, the volume of foreign trade grew moderately both in exports and imports; exports were up by 2.4, imports by 5 percent as compared to the same month...

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Apple demonstration is over

On the three sites meeting come an agreement about the suppliers' price: Agrana pays 0.09 euro pro one kilo industry apple to the Hungarian growers. According to Gyula Budai, director...

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Sainsbury to push own-brand goods

The UK consumer buys a higher proportion of own label than pretty much anywhere in the world.Sainsbury-sponsored research found that 62 per cent of shoppers said they were more likely...

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Stores accused of unhealthy food promotions

The British National Consumer Council (NCC) went into the eight major chains and found that more than half of promotions were for unhealthy foods.  The NCC visited eight stores in...

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Manufacture of refined petroleum products calls the shots

Domestic sales prices of industry rose by 1.2% in July 2008 compared to the previous month and were 13.3% higher than in July 2007.  Export sales prices of industry, measured...

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Mixed Retail Sales Across the Balticum

Retail sales rose in Lithuania for the January to July period, but were down in Latvia and Estonia, according to latest figures from the official agencies in each country.  In...

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Slight German retail sales

German retail sales including vehicles and turnover at gas stations rose by 0.6 percent on the month in July in real terms, preliminary Bundesbank figures showed.  However, this followed a...

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Slovaks struggle to get to grips with euro prices

Shops are supposed to be listing prices in both units, getting people used to the euro before formal conversion on January 1, 2009 but many are not, according to the...

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US inflation on 17 years top

Consumer spending was down 0.4%, the largest decline since June 2004. Inflation-adjusted spending has fallen for the last two months, the first time this has happened since September 2005.  Personal...

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Decline of investments

In the second quarter of 2008 the volume of investments in the national economy – on the basis of preliminary data – decreased by 2.1% compared to the same period...

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Internal and external equilibrium improve

The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that the Hungarian economy gets out of the growth hole in the second half of the...

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Organic sales at 10-year low in UK

English experts are warning that consumers are more confused than ever about whether it is worth paying the higher prices, especially while they are trying to reign in their spending....

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(HU) Fogyasztóvédelmi 31 parancsolat

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Retail area grow, the stores stand behinde chains

According to Nielsen research to market share of hyper- and supermarkets and discounts increased in H1. Hypermarkets has 30%, supermarkets 11%, discounts 19% from whole retail sales.  The biggest growth...

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2,000 entrepreneurs claimed Szechenyi Card2

The new card construction started on 2 June, since that time point more than HUF 7 billion credit was placed.  Széchenyi Card2 can be claimed by handing in the necessary...

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Blockades for higher supplier price for apple

The producers want to give HUF 15-20 for one kilo apple, the growers would to get HUF 30 for it. Farmers want to make meetings faster by closing the roads....

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Almost 40,000 liters bum wine were found

The specialists of Hungarian Customs and Finance Guard hunted down wine forgers in Soltvadkert, where they wanted to put out 36,000 liter of false wine. The penalty will be HUF...

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Trade confidence index has increased

There was no change in the value of the GKI economic sentiment index, adjusted for seasonal effects, during August.  According to the survey conducted by GKI Gazdaságkutató Zrt. with support...

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Do we know what teenegers say?

Platform of Hungarian Consumer presents its new conference on 1th October about Hungarian Consumer under 18 .  How could we reach and adress the youth under 18 years? How do...

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Dunacenter construction works to start in September

The shopping mall built on the site of the former textile factory with HUF 6 billion cost, open next autum for public.  The Dunacenter offers in the first construction phase...

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Roadblocks Over Milk Prices at Entremont-Allieance

Farmers have blocked Entremont-Alliance's distribution sites in the region since last week over the row, and only withdrew from a main site under threat of police intervention.  French farmers have...

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15 Dead in Food Poisoning in Canada

Fifteen deaths in Canada have now been linked to listeriosis, health officials confirmed. There are another 29 suspected cases, officials told reporters, and Agriculture Minister said the government expected more...

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Most good are delivered by train

In quarters I-II 2008, the volume of transported goods grew by 3%, while the performance expressed in freight tonne kilometres increased by 6% compared to the same period a year...

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Leader of Tokaj Kereskedőház died

The 53 years old Laszlo Kiss was the chief executive officer of the 100% state owned Tokaj Kereskedõház Zrt.  The specialist was the CEO of the company since 2002, before...

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Bakeries to close

The bakery companies can't enforce the higher raw material and energy cost. According to specialists 10-15% price increase would be necessary.  The Agrar Europa Kft., an analyst and adviser firm...

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Global TV shipments up rapidly

Global TV shipments improved a robust 11 percent Y/Y to 47.5M units in Q2'08, which was up 3 percent Q/Q, with better than expected shipment growth in North America. LCD...

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Hungary bottled water consumption to double

Hungarians drunk 103 liter pro person in 2007, the United Arab Emirates glugged through 260 litres per person last year, it has the first place on the rank.   The...

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Jump For Retail Sales In July

Retail sales in the UK reported a surprise jump in July, rising by 0.8% month-on-month, according to figures from the Office of National Statistics.  The news surprised the sector, which...

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Let's go to do Businesses in Southeast Asia!

While China and India continue to grab the headlines, many of those businesses are seeing a rapid increase in profit levels from elsewhere in Asia – in many cases outstripping...

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