Market News

Air freshener and dehumidifier season

When the winter comes and we close the windows, air fresheners and dehumidifiers start working more. Air freshener sales are growing by two-digit numbers. Not only aerosol products but also...

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Magazine: Marketing: the next generation

This year one of the speakers at the two-day BrandFestival was Thomas Gad, one of the most famous brand strategists and advisors in the world. Mr Gad, an advisor to...

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GKI: the fuel price change has no significant impact on food prices

The change in fuel prices has no significant impact on food prices, because its development is affected mainly by completely different processes. It is affected primarily by the price increase...

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Hungarian wines are promoted in China

According to the winner of the 25 thousand euros tender announced for the promotion of Hungarian wines in China, the support of the Ministry of Agriculture is essential to promote...

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Tightenings due to fake primary producers

Those market players who act like primary producers are selling products without a bill. Such and similar abuses have led to a tightening of the rules, which allow the inspectors...

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The Food Avalanche Program awaits the applications of active communities

The Food Avalanche Program of the Hungarian Food Bank Association and the Syngenta Food Programme expects the applications of local governments, educational institutions and non-governmental organizations until 18 February. The...

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The Nébih destroyed four tonnes of goods at the wholesale market

About four tons of vegetables and fruits, especially oranges were destroyed in the wholesale market of Budapest, where the National Food Chain Safety Office (Nébih) and the National Tax and...

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German beer consumption on its quarter-century low

Last year, 79.5 million hectoliters of beer was sold in Germany, this is the lowest datain the last twenty-five years – index wrote after the Thelocal.de. Since 1991, when data...

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Four million HUF worth tobacco was seized in Oroszlány

The police found 160 kilograms of unknown origin cut tobacco in a car of two local men on Thursday in a value of more than four million HUF. According to...

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Retail sales grew in Germany in December

In December, German retail sales rose, compared to the previous year, while last year’s data was the highest annual growth of the past more than twenty years – the German...

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Magazine: I would like to be András Stohl

A few days ago my book, Krizsó, 10 Confidential Conversations came out and in one of the conversations actor Andás Stohl revealed that there had been a period in his...

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FM: the output of agriculture increased last year

The output of the Hungarian agriculture is around 2400-2500 billion HUF each year. Last year's initial estimate of 2,457 billion HUF is exceeding the previous year’s level by 0.4 percent...

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The price swing of lemon

We might think that lemon prices are relatively balanced among the tropical fruits, but during the year, it may vary with even fifty percent in value. Last year, the average...

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PayPal extends redelivery refund

PayPal will extend its Refunded Returns service until the end of the year in the Central and Eastern European countries including Hungary. As a result, the full cost of the...

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Economic sentiment improved in Hungary and deteriorated in the EU in January

The economic sentiment index of the eurozone and the European Union deteriorated in January, while improved in Hungary and in the Central and Eastern European countries – it the European...

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The number of employees has increased

The number of employees amounted to 4 million 259 thousand in the fourth quarter of 2015, 118 thousand and 2.8 percent more than in the same period of the previous...

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Garantiqa: 41 percent of micro companies, 57 percent of small business would apply for EU funds

41 percent of the micro-enterprises and 57 percent of the small businesses would apply for EU funds, in the current EU budgetary cycle – according to Garantiqa’s a survey taken...

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Record sales of smartphones in the world market last year

More than 1.4 billion smartphones were shipped worldwide in 2015, which is a new record for the the sector with Chinese handset makers racking up the biggest gains, an industry...

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Pécs: the General Assembly voted to purchase the necessary land to build a new market hall

At its Thursday session, the General Assembly of Pécs voted for the submissions for the land acquisition of the new market hall in Pécs. To buy the about 14 thousand...

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Sales concentration

Between December 2014 and July 2015 praline sales exceeded HUF 14 billion, growing by 3 percent from the base period; volume sales stayed put. From confectionery sales pralines’ is the...

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Magazine: Catalysts of the burnout syndrome

Today I am writing about how to speed up burning out… My view is that the risk of physical and mental burnout is encoded in one’s communication. Probably passive communication...

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Dairy Product Board: tax reduction is required to help the sector

The Dairy Product Board said that in order to help the dairy sector the first and most important step is to reduce the VAT on drinking milk to 5 percent....

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A new surtax may come

Designed along the lines of the Polish retail surtax, the Hungarian government may decide about a new measure during the spring, which would provide a more proportional burden sharing for...

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FM: prevails in prices to reduce the VAT of pork

Due to the VAT reduction, the price of pork declined at the dominant retail chains, but not at all the smaller trading firms and butcher shops – the Minister of...

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CBRE: Hungarian commercial properties were sold in a record value last year

Last year, real estate investors bought commercial properties in Hungary in a record amount of 745 million euros, which is 60 percent higher than in 2014, while the real estate...

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Farmers bought agricultural machinery in a value of more than 100 billion HUF last year

Last year, the farmers bought agricultural machines in a value of more than 100 billion HUF – the Minister of Agriculture told on Wednesday in Budapest at the opening ceremony...

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The modification of the vine-growing sector regulation reduces administrative burdens

From 1 April 2016, the issue of certificates of origin will be electronically available at the mountain judges. In this context, due to the electronic filing, a certified copy of...

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People over 45 pay by credit card the most commonly

Almost three-quarters of the middle-aged, 45 and 60 year olds pay by credit card, while 58 percent of the under-30s, pay with credit card in Hungary – according to the...

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Workania: last year two-thirds of job seekers found new jobs within three months

Last year, two-thirds of job seekers found new jobs within three months – according to the latest survey of the Workania jobs portal. 36 percent of respondents in the first...

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Online: shower gel and mineral water are the top picks

Nielsen asked consumers in 60 countries which products (from a list of 72) they intend to buy online in the following 6 months. In general more consumers plan to purchase...

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