Market News

Hungarian consumer confidence at six-year record high

The confidence index of Hungarian consumers increased by 7 points from Q2 to Q3 2016 and reached 64 points – the highest level since 2010. In Europe the average of...

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Growth rate slowing down in grocery retail

In the first three quarters of the year the growth rate of grocery retail sales slowed down. Between January and September 2016 sales represented a value of HUF 1,200 billion...

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Trade fairs: participation isn’t obligatory, but recommended

Experts say that the international trade fair market is booming again. In general we can say that demand is the biggest for special trade shows with a well-planned concept, events...

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Magazine: Business Days 2016: Facts and prescriptions (Part 2)

On Thursday manufacturers were in the centre of attention at the Business Days conference. In the first section of the day the Branded Goods Association (BGA) was the host, with...

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GKI: the consumer confidence index closed the year on its ten year peak

The GKI economic index increased again in December. The index has been surging in a relatively narrow band for about three years and is now located at the top of...

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MAGOSZ: cereals and industrial crops closed this year with a near-record harvest

Thanks to the abundant rain, cereals and industrial crops closed this year with a near-record harvest – the chairman of the Hungarian Farmers' Societies and Co-operatives Association (MAGOSZ), told at...

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FM: less hygienic problems at the Christmas fairs

Less hygienic problems were found by the professionals at the Christmas events during this year's current winter seasonal food chain controls – the Minister of State of the Ministry of...

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NGM: 3500 new cash registers were put into operation

Until Monday noon, the enterprises installed around 3500 new cash registers. The 50 thousand HUF public support pertains to those cash registers that will be put into operation until 31...

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Gardeners can apply for grants even in January

The submision deadline of the “Modernization of Gardening – Gardening Machinery Support” application was amended to 6 January 2017. (MTI)...

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The survey of Játéksziget was published

In connection with the Christmas purchases, the staff of the Játéksziget carried out a survey, in what age the parents would buy a tablet or laptop to their children. One-third...

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Inflation increased in the euro area and in the EU

Inflation increased in the euro area and in the EU in November, both the euro area and in the European Union, compared to October, according to the data of Eurostat...

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Food prices keep rising in the world market

According to FAO, food prices continued to increase in October: the price index grew by 0.7 percent to 172.6 points. The report revealed that meat and vegetable oil prices dropped,...

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The goal is to improve the situation of farmers

In order to improve the situation of farmers, Brussels should reform the policy framework of the supply chain, fight unfair trading practices and facilitate accessing financial resources – stressed the...

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Croatian companies on home soil

Croatian retail chains will strengthen their positions further in the domestic market next year. Market leader Konzum modernised 10 stores and opens 10 new stores in 2016. In 2017 the...

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The test selling of the premium category Áldomás food products has started

The test selling combined with tasting of the premium category Áldomás food products has started in eight Prima stores in Budapest in early December – Magyar Levente Minister of State...

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Turkey Association: the growth of the sector has stopped

After the expansion of 2014 and 2015 the growth in the Turkey sector has stopped this year. This year’s production was around 102 thousand tons which is similar to last...

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Good poultry export data

According to the European Commission's latest November data, the total poultry meat output of the European Union is expected to rise 2.5 percent to 14.6 million tonnes compared to 2015....

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So far, 6.4 million HUF fines were imposed during the winter seasonal inspections

So far, 6.4 million HUF fines were imposed during the winter seasonal inspections in 62 cases, and more than 15 tons of food products were withdrawn from circulation – Zsigó...

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The Kopint- Tárki improved its growth forecast for next year

The Kopint-Tárki Konjunktúrakutató Intézet Zrt. (Kopint- Tárki Business Climate Research Institute Plc.) has improved its forecast for next year's GDP growth from the 2.7 percent forecasted in October to 3.2...

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Give a name to the wine! A name contest to promote gamay

Eight wine bars in Budapest, a cellar from Szekszárd a wine shop and a wine-media collaborated to give birth to a Gamay wine. With the initiative, the participants wish to...

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Paper product buyers are hungry for innovations

Basket value is on the rise in the paper product market – this is especially true in the facial tissue category. When buying paper towel, consumers are looking for 1-2...

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Companies want customised stands

Partners of trade exhibition organiser and stand builder companies show growing demand for a 360-degree service. For instance in addition to building the stand, customers want them to help in...

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Useful and practical promotional gifts

Absolut Gift’s experience is that companies try to spend their gift budget in a well-planned manner. They tend to choose small products in large numbers, which are easy to put...

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Hostess services market: higher expectations

Edit Szabó, director of Wonderduck Agency Zrt. told our magazine that they believe in high-level services and transparent operation. This is the reason why they have customers that plan for...

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OKSZ: busiest week of the year to start

The week before Christmas is the year's strongest period in the shops. The traders are expecting more traffic during the golden weekend and in the coming days – the National...

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Retail sales may be over 1,000 billion HUF in December

On the basis of the October data, experts would not be surprised if retail sales would exceed 1,000 billion HUF in December – Marczinkó Zoltán, Deputy Minister of State of...

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KSH: retail sales rose in October

The volume of retail turnover increased by 2.6 percent in October, compared to the same period of last year – according to calendar adjusted and raw data – the Central...

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Less was consumed from more expensive wines

In the first 11 months of the year, the demand towards white wines decreased by five percent in Hungary, while towards red and rosé wines by 1 percent. The selling...

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Kürt: the dangers of online shopping can be avoided with everyday actions

The known Hungarian online stores maintain appropriate levels of safety. With preparedness and everyday steps the dangers of Internet shopping can be avoided – the KÜRT Információbiztonsági és Adatmentő Zrt....

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Purpose-checks from NAV before the holidays

The National Tax and Customs Office (NAV) checks the marketed products from imports to the shelves at the end of the year. The National Tax and Customs Office (NAV) also...

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