Market News
The toll system is succesful
The toll system performs better. The passenger car and truck owners paid 243 billion HUF to use the roads. Who bought e-sticker paid 57.8 billion HUF, those people who use...
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Better start the day with breakfast!
Breakfast is the most important meal of the day. On one hand, at least 8-10 hours pass between dinner and waking up in the morning, without food or liquid. You...
Read moreNAK: the pig Strategy’s results can already be seen
According to professional organizations of the pork marke,t the first results of the pork strategy can already be seen. Pig breeding increases in Hungary, while the impact of VAT reduction...
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OKSZ: digital price tags do not need to be swapped constantly
Digital price tags make the shopping process smoother, because the customers can face with actual prices – the Secretary-General of the National Retail Federation (OKSZ) told M1 news channel on...
Read moreThere is life after Christmas on the online market place
The online auction and advertising forums are carrying out higher turnover after Christmas, because many people sell their unnecessary gifts or older household objects – Népszabadság Online wrote. The portals...
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Forint is undervalued according to the Big Mac index
According to the the latest Big Mac index, the Forint is undervalued. It needs to strengthen much to find a balance against the euro and the dollar – the vg.hu...
Read moreVAT reduction in Slovakia
From January, the Slovak state reduces the Value Added Tax (VAT), however the few eurocents will hardly be noticed by the majority of the customers. According to Robert Fico Prime...
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The decline in US rail freight forecasts an economic slowdown
Railroad cargo in the U.S. dropped the most in six years in 2015, and things aren't looking good for the new year – Bloomberg summons the analysis of Bank of...
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Swiss retail sales fell sharply
Real turnover in the Swiss retail sector adjusted for sales days and holidays fell by 2.1 percent in November 2015 compared with November 2014 (in nominal terms -3.9percent). Real, seasonally...
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Almost no inflation
Compared with October 2014, consumer prices grew by 0.1 percent in October 2015. Grocery prices rose 1.7 percent. Seasonal product prices augmented: potato, fresh vegetables and fruits cost 17.3 percent...
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KSH: the value of import increased significantly
In November 2015, the value of exports in euros increased by 6.5, and imports increased by 7.7 percent compared to the November of the previous year, while the monthly balance...
Read moreBisnode: the number of companies continued to decrease
Company establishing mood is weakening in Hungary for the fourth consecutive year. As a result in 2015, 16 percent less, about 25 thousand new enterprises were established – the Bisnode...
Read moreBMI: normal year-end weakening
The seasonally adjusted value of the Purchasing Managers' Index (PMI) in December 2015 has become 49.1 points. The respondents, compared to November have reported less favorable developments caused by the...
Read moreGerman retail sales increased less-than-expected in November
German retail sales in November were smaller-than-expected – the German Federal Statistics Office, the Destatis announced on Thursday. In November German retail sales increased by 0.2 percent, compared to the...
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MasterCard introduced its smart fridge application
MasterCard on Tuesday announced Groceries by MasterCard, a service designed to work with Samsung Family Hub refrigerators shipping this spring. Samsung's newest refrigerators will include an Internet-connected display on the...
Read moreInternet shoppers have problems especially with clothing and electronic products
Those who buy on the Internet face problems mostly with clothing and technical products – Kriesch Attila, Director of the European Consumer Centre of the National Consumer Protection Authority told...
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Nézőpont: one and a half times more people are optimistic about the country's future
At the end of 2015, almost half (48 percent) of the Hungarians considered that year 2016 will be a good year for the country. In December 2014, only 34 percent...
Read moreThe VAT reduction increased Romanian retail sales
The volume of retail sales grew by 8.2 percent in Romania in the first eleven months of last year, compared to the same period of the last year – the...
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The NASA would grow potatoes on Mars
The experiment, led by the International Potato Centre (CIP) and NASA, is a step towards building a controlled dome on Mars capable of farming the hardy crop -the abc.net wrote....
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Holes in retail’s boat
According to a survey conducted by Business Insider, sales of major players in retail such as Macy’s and Nordstrom are slowing down and this reduces the value of company shares...
Read moreAnalysts say that growth may continue in retail trade
According to the first estimate of the Central Statistical Office, published on Thursday the volume of retail sales in November 2015, increased by 4.8 percent according to the raw data...
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Food-retailing grew by four percent both in value and volume
Food retail trade achieved a turnover of around 1,540 billion HUF between December 2014, and November 2015 in the ninety product categories measured by Nielsen; 4 percent more than during...
Read moreKSH: retail sales increased by nearly 5 percent in November
The volume of retail sales in November 2015 increased by 4.8 percent according to the raw data and by 4.4 percent according to the calendar adjusted data, compared to the...
Read morePork: monitoring system monitors the effects of the VAT reduction
The Ministry of Agriculture (FM) is operating a monitoring system to check whether the result of the VAT reduction in January will result in cheaper pork in stores – agrarszektor.hu...
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The producer price of eggs continued to decline
After the eight percent drop in November, the producer price of eggs continued to decline in recent weeks, now barely exceed 20 HUF apiece – the Magyar Idők wrote onThursday....
Read moreLondon analysts: global economic growth is slowing
London financial analysts say that the global economic activity is slowing, but last year's year-end data still indicates a decent growth. The latest JP Morgan-Markit global services PMI gauge slid...
Read moreThe Eu retail sales rose, while a decrease occured in the euro zone
The volume of retail sales decreased in the euro area in November, compared to the previous month, but rose slightly in the European Union. The EU's statistical office (Eurostat) on...
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The European Consumer Centre can help in case of complaints against foreign companies
In case of complaints against foreign companies, one can ask for free personalized, professional and legal assistance. Over the last 10 years, the ECCs received more than 650,000 requests for...
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The car purchase plans of the domestic enterprises in 2016
2015 brought a recovery on the domestic passenger and commercial vehicle market, although the base was not too high. The average proportion of funding methods planned for 2016 in case...
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The U.S. government recommends to decrease sugar, salt and saturated fat consumption
The official advice from the U.S. government has arrived: The U.S. government has released its much-anticipated update to the Dietary Guidelines. The guidelines, which are revised every five years, are...
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