Market News
The turnover of chauffeur services increases during the holidays
In Hungary, 4 out of 10 people have driven drunk already. 7 out of 100 people regularly sit behind the wheel after a glass of alcohol. Unfortunately, few people know...
Read moreK&H: annual expectations of the SMEs deteriorated
The confidence of the domestic small and medium-sized enterprises (SMEs) has become worse. K&H’s confidence index indicating the expectations for the coming year worsened from the year beginning’s 11 points...
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The GVH’s activities helped consumers to save 136 billion HUF
The activities of the Hungarian Competition Authority (GVH) helped consumers to save 136 billion HUF between 2010 and 2016 – the agency told on Wednesday. According to the information, the...
Read moreNine thousand packs of cigarettes were found by the finance guards near Ásotthalom
Finance guards found nine thousand packs of cigarettes in a car and in a car carrying trailer at the border crossing of Ásotthalom – the National Tax and Customs Office...
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A new department was opened in the outlet center in Parndorf
A new department was opened in the outlet center in Parndorf, Burgenland, so the range was expanded with 15 new shops, cafes and restaurants – the mall’s owner and operator...
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The most reputable brand
Ferrero is the most reputable food company in the world – according to the Reputation Institute. The ‘2017 Global RepTrak 100’ study reveals that Rolex is the most reputable company...
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8-10 percent of the annual quantity of eggs is sold at Easter
The Easter Egg consumption averages around 200-230 million units per year, 8-10 percent of the annual consumption – the Poultry Product Council (BTT) told MTI on Tuesday. According to the...
Read moreOKSZ: the mandatory requirement of staff number is a new tax
The mandatory requirement of staff number would be a new tax on retail – the National Retail Federation (OKSZ) said on Tuesday, in response to the government trade policy proposals...
Read moreNÉBIH: Most of plum pálinkas complied with the regulations
Most of the plum pálinkas passed the food safety standards based on the examination of the National Food Chain Safety Office – the NÉBIH told MTI. The professionals selected 30...
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Back to school
Learning new things is one of the biggest driving forces for adults. Nestlé’s goal with the Youth Employment Initiative is to make entering the world of work easier for young...
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Chamber of Agriculture: 51 percent of the businesses are looking for skilled workers
51 percent of the food business enterprises are looking for skilled workers, 18 percent graduated workers, 7 percent are looking for higher education employees, and there is a 24 percent...
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GfK: the household appliances market is increasing with double-digit for three years now
GfK’s in-store sales figures show that the household appliances market has been developing dynamically in the past three years. The refridgerator and the washing machine exchange programs played a huge...
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(HU) IFS Húsipari Szakmai Nap (2017. április 20.)
Sorry, this entry is only available in HU....
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Better end-of-year performance from Hungary’s retail sector than the European average
Retail value sales augmented by 4.5 percent in the last quarter of 2016 in Hungary if compared with Q4 2016 – revealed the quarterly Nielsen Growth Reporter. This performance was...
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There isn’t enough rapeseed oil in Europe
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that domestic sales of wines without geographical indication and wines with protected designation of...
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A rapidly expanding market
Grocery stores sold breakfast cereals, cereal bars, muesli, sesame seed and muesli bars for more than HUF 20 billion in January-December 2016. Like-for-like value sales were up 14 percent. Last...
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The performance of the Hungarian food industry grew by 1.5 percent last year
The performance of the Hungarian food industry grew by 1.4 – 1.5 percent last year, exceeding the industry average. The value of production amounted to 2880 billion HUF after the...
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Analysts: export growth may continue, but this year’s surplus may be smaller
In the next few months export growth may continue, but this year’s foreign trade surplus may be smaller than last year’s 9.935 billion euros surplus. The further strengthening in household...
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NÉBIH: it is worth to review the ham and egg labeling during purchase
It is worth to review the labelings of ham and eggs during Easter shopping. On the basis of the labeling, the customer can get information about product type and quality,...
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Sheep Product Council: this year’s Easter lamb exports are expected to be lower than last year
Compared to the average of 100-120 thousand Easter lambs, this year about 10 thousand less is expected to be exported to Italy, while the available price will also decrease –...
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The countyside is more efficient in the selection of beverage cartons
There are significant differences in the practice of selective collection among the population of the Hungarian cities – the Italos karton Környezetvédelmi Szolgáltató Egyesülés (Beverage Carton Environmental Services Association) wrote...
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Euro area’s investor sentiment is on its ten-year peak
Sentix’s euro zone investor sentiment index performed extremely well in April in Global comparision. The stock market investors were such optimistic in April in terms of investment outlooks as they...
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The Chamber of Agriculture this year will help in the submission of the single applications again
The National Association of Agricultural Economics (NAK) this year will also help in the submission of the single applications – the organization told MTI on Monday. The period for submission...
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The chains expect rising sales at Easter
The retail chains in Hungary expect a strong Easter traffic this year. Due to the store closure on Good Friday, Thursday may be one of the busiest days of the...
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Nielsen: ham and chocolate bunnies are dethroneable at Easter
The Easter season causes no surprises. Hungarians buy tons of cooked ham and a chocolate bunnies. The ham retail sales exceeded 7 billion HUF in March-April 2016, which is two...
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GfK: the market power of the discounters is improving year by year
According to GfK’s latest 2016 Trade Analyzes study analyzing annual trends, the commercial channels the discounters increased their market share, while the non-organized trade – street vendors and markets and...
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KSH: February’s imports grew faster than exports
In February the value of export in euros increased by 5.4, while the value of import in euros increased by 7.1 percent, compared to the previous year. The trade surplus...
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NÉBIH: customers are increasingly looking for quality products
Compared to the previous years, more and more customers are looking for quality products – Helik Ferenc, head of the board of directors of priority issues at the National Food...
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Hungarians spend 4-7 thousand HUF for toys during this Easter
Toys and games and candies are given to the Hungarian children during Easter. The parents spend an average of 4-7 thousand HUF for Easter gifts – according to the separate...
Read moreThe growth of retail sales slowed in the Czech Republic
Retail sales in the Czech Republic increased by 0.6 percent on an annual basis in February. In January, this indicator was 5.6 percent – the Czech Statistical Office (CSU) announced...
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