Market News

Electromobility – the way of the future

After the shock of the BREXIT the markets more or less returned to business as usual mode. The FED didn’t see any reason the change the base rate in June...

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KSH: inflation was 0.6 percent in September

Consumer prices were on average 0.6 percent higher in September than a year before, while compared with the previous month increased by an average of 0.2 percent. The Central Statistical...

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Ten Hungarian companies can transport milk and dairy products to Chile

The Chilean authorities accepted the registration of ten Hungarian milk and milk products manufacturing plant on Monday. These companies can launch their first shipment to South American country – the...

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Recent additions in the Széchenyi Card Program

The loan products of the Széchenyi Card Program were expanded. From now, up to 50 million HUF Széchenyi Working Capital Loan can be claimed, compared to the former 25 million...

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Two new types of cash registers received marketing authorizationTwo new types of cash registers received marketing authorizationTwo new types of cash registers received marketing authorization

Two new types of cash registers complying with the new technical requirements received marketing approval on Tuesday. One of them is a portable cash register, so it can used by...

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Growth is stable in the major developed economies

Growth is stable in the major developed economies, according to the CLI August complex macro-economic indicator of the OECD published on Monday. The Paris-based Organisation for Economic Cooperation and Development...

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Ukraine has become the world's largest flour exporter

Ukraine was the world's largest flour exporter between July 2015 and June 2016. Ukraine exported a total of 344 thousand tons, which is 32.5 percent more than in the same...

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Forty million HUF worth smuggled cigarettes were found Tiszabecs

Forty million forints worth smuggled cigarettes were found by the finance guards in an underground hideout in Tiszabecs – the press officer of the National Tax and Customs Office (NAV)...

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Efficient mobile advertisements provide information

At the moment 79 percent of smartphone users with an internet access – 2.9 million people – come across mobile advertisements, revealed a study conducted in 2016 by eNET and...

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Multisensory experiences

Very often retailers only concentrate on what shoppers see when creating the interior of a store. However, if they wish to really impress customers, they also need to pay attention...

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Paying the bill to a robot

As part of a pilot project by Pizza Hut Asia, a robot called Pepper – developed by Softbank Robotics – welcomes guests in restaurants and takes the order. It is...

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GfK: the weight of the markets decreased in the procurement of daily consumer goods

The ratio of the markets, including the weight of the farmers' markets decreased in daily consumer goods purchases. The share of visitors from the 72 percent measured in 2010, decreased...

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Hungarian cabbage farmers face a difficult year

Hungarian cabbage farmers are facing a difficult year in 2016: this year a series of diseases decimated the crops, the market price is lower than before, while its hard to...

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Depressed purchase prices at the wine-growing regions

The growers are complaining about low purchase prices this year. Grape growers interviewed by MTI told that prices have not increased since last year, despite the high quality of the...

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Pénzügykutató: Economic growth may accelerate next year

In its latest forecast presented on Monday, the Pénzügykutató Zrt. forecasts a 2.2 percent GDP growth for this year and a 3.0 percent growth for next year, after last year's...

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German exports increased significantly

In August, German exports increased by nearly ten percent in an annual comparison, while compared to the previous month by 5.4 percent, the highest extent of the past six years....

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British Retail Consortium: The “Hard Brexit” may cause substantial customs charges

According to the British Retail Consortium (BRC), the “hard Brexit” may cause substantial customs charges, thus making imports more expensive. The “Hard Brexit” means that Britain would not only leave...

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No change in the weight of various store types

In the February 2015-January 2016 period coffee sales valued at HUF 54 billion. Value sales were up 3 percent but volume sales dropped 1 percent. 200m² and smaller shops’ share...

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Nielsen’s category management workshop aims to provide better services to the customers

If the customers see that the product range in a store is adjusted to their needs, then the place is appreciated by them. Nielsen’s category management workshop,which will be held...

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Fazekas Sándor: two-thirds of the area is complete grape harvest

Grape harvest has been completed about two-thirds of the fields – the Minister of Agriculture said on Saturday in Rátka, Borsod-Abaúj-Zemplén county. During a visit to the Angyal Borászat és...

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The day of Internet shopping was organized again

The day of Internet shopping will be organized for the sixth time in Hungary. During Friday's one-day e-commerce action hundreds of shops will offer special discounts – the organizer, the...

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NGM: A hundred billion HUF worth food support program to be sent to social debate

The NGM on Friday sent the Support of Food-Industrial Complex Investments with combined loan products call for proposal to social debate. The total of 100 billion forints – 50 billion...

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KSH: foreign trade turnover in August increased significantly

In August, the value of exports increased by 12.5 percent in euros, while imports increased by 10.8 percent, compared to last year, after the 5.4 and 6.4 percent decline of...

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NÉBIH: Due to misleading labeling organic rice milk chocolate was withdrawn from the market

Due to misleading labeling organic rice milk chocolate was withdrawn from circulation. The consumption of the chocolate with milk-free and vegan inscription is dangerous for people with milk and protein...

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Global wheat and rice harvests poised to set new record

Global food markets will likely remain “generally well balanced” in the year ahead, as prices for most internationally-traded agricultural commodities are relatively low and stable, FAO said today. The benign...

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Budapest Wholesale Market is 25 years old

Budapest Wholesale Market, Hungary’s biggest fruit and vegetable wholesaler, opened its gates in the summer of 1991. CEO Zoltán Házi told that in the last 25 years the market’s infrastructure...

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Higher sales revenue for companies in Central Europe in 2015

Last year Central Europe remained an important target for foreign investors – revealed the Deloitte Central Europe TOP 500 survey. This time 67 Hungarian companies made it to the top...

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Rondo appoints new managing director

As of 1 April 2016 Rondo Ganahl AG appointed Zsolt Miklós as the new managing director of the company’s Hungarian affiliate. Mr Miklós worked in the furniture industry before joining...

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PayPal and Mastercard expand cooperation

PayPal and Mastercard are expanding their long-standing cooperation with an important new element: in the future Mastercard will be one of the PayPal payment options and Masterpass will be accessible...

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