Market News
The GKI raised its GDP forecast for next year
The GKI Gazdaságkutató Zrt. raised its DDP growth forecast for 2016 by 0.3 percentage points, from 2 to 2.3 percent, compared to its September forecast. Investments will decline by 5...
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The globalplaza.hu carries out test purchases
The globalplaza.hu customer helping portal launches a brand new service that tests and evaluates the country’s web stores in three main topics, scores the experiences and publishes its objective review...
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The Nébih strengthens its product test program
The National Food Chain Safety Office (Nébih) is strengthening its product testing program and introduces the Szupermenta (Super Mint) logo to products achieved good results during testing and also renews...
Read moreAnalysts expect annual trade surplus of more than 7.5 billion euros
The macroeconomic analysts interviewed by MTI expect an annual trade surplus of more than 7.5 billion euros. The Central Statistical Office (KSH) announced on Thursday that in January-October this year,...
Read moreSavings Bank: the economy may grow by 2.9 this year, and with 2.4 percent next year
According to the analysts of the Savings Bank, after the 2.9 percent of this year, the Hungarian economy may grow by 2.4 in 2016 and by 2.8 percent in 2017...
Read moreThe tobacco retailer promises the compliance with the delivery date
The system of the National Tobacco Store Supply Ltd. (ODBE) did not collapse, they will deliver the orders in time – the company promises on its website and also said...
Read moreDemand declined for Hungarian acacia honey
Because of the Chinese counterfeiting scandal, the demand declined for Hungarian acacia honey with 20-25 percent – Haász Ferenc, president of the Beekeepers Association in Békés County told MTI. He...
Read moreFarmers can save millions with the Hungarian Complex Water Management Software
The Fatimex Technologies has developed a Complex Water Management Software. The system facilitates efficient water management. The Complex Water Manager Software collects the data of the wireless sensors placed into...
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A household will spend an average of 132 thousand HUF for Christmas
A Hungarian household spends an average of 132 thousand HUF for Christmas: 90 thousand HUF for gifts and an additional 42 thousand HUF for the celebrations – representative research made...
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Nielsen: 2.4 million units of body care gift packages were sold before last Christmas
2.4 million units of body care Christmas gift packages were sold before last Christmas in November-December last year in a value of almost 4 billion HUF. “The shower gels and...
Read moreKSH: inflation was 0.5 percent in November
In November, consumer prices were on average 0.5 percent higher than a year before. Compared with October prices have not changed – the Central Statistics Office (KSH) told on Tuesday....
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Áldomás: new Hungarian premium food brand can conquer the foreign markets
The Hungarian National Trading House (MNKH) and the Sustainable Functional Food Chain and Marketing Board (FÉLT) have created a new Hungarian premium food brand called Áldomás. The primary aim of...
Read moreManpower: unchanged employers hiring mood
The recruitment mood of the Hungarian employers has not changed significantly since the fourth quarter of 2015. In the first quarter of 2016, 14 percent of companies surveyed planned staff...
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Next year, three billion HUF will go on the development of children catering
Compared to 2015, the government will pay one billion HUF more, three billion HUF on the institutional development support of the children's meals in 2016 – the Deputy Minister of...
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The NAV seized counterfeit chocolates
Counterfeit chocolates were seized by the finance officers of the National Tax and Customs Administration (NAV) at various locations across Budapest. The value of the unauthorized traded goods is more...
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Euronet: cash withdrawals in euros from nearly 200 independent bank machines
The Euronet Banktechnikai Szolgáltató Kft. told MTI on Tuesday that cash withdrawals in euros are available from nearly 200 independent bank machines. The company points out that their newly introduced...
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One third less fruit harvested this year
According to data from the Interprofessional Organisation for Fruit and Vegetable (FruitVeB), this year’s fruit yield was about 30 percent lower than in 2014. Last year 1.3 million tons of...
Read moreBetter year than the average
Winemakers predict a better vintage than the average year, based on the quantity and quality of grapes harvested so far. Last year’s 7.4 ton/hectare average grape yield is likely to...
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Magazine: Bless you!
People are most likely to catch a cold in the October-April period – this is the high season for OTC cough and cold remedies. Judit Török, sales director of Naturprodukt...
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Drugstore dominance
Retail sales of decorative cosmetics neared HUF 6 billion between January and August 2015. The sales growth was an outstanding 14 percent in value and volume sales soared 13 percent....
Read moreThe pig population increases as the result of the introduced measures
The pig population that fell below 3 million in 2013 increased by about 15-20 percent as the result of the introduced measures – Horváth István of the Ministry of Agriculture...
Read moreFM: the government encourages fish consumption
The government encourages fish consumption with campaign and with fish fairs in Hungary – the Minister of State of the Ministry of Agriculture (FM) said on Monday in Budapest at...
Read moreAmericans like the Hungarian cherry
Americans like the Fürtös (trusses) of Újfehértó very much, so its name has become Balaton, because it is easier to pronounce. In Hungary, cherries are the fruits that are cultivated...
Read moreThe growth rate of the global smartphone market declines below ten percent this year
Growth in the global smartphone market is slowing, and will increase by just 9.8% this year — the first time growth has slowed into the single digits, IDC said Thursday....
Read moreCorn hybrids were tested at eleven locations
The Seed Association Interprofessional Organization and Marketing Board and the National Association of Grain Producers organized the post-registration kind experiment of corn for the ninth time. Polgár Gábor, director of...
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More eggs would be sold if the VAT was reduced
The Egg Association would like to see egg among the food products which will have their VAT reduced to 5 percent in the future. At a press conference the association...
Read moreIpsos: Sunday shopping then and now
From 15 March 2015 under the Law on Sunday opening hours, larger stores or small shops where no owner or a family members are working should be closed compulsorily on...
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Nielsen: Breakthrough Innovations
Ariel, Garnier, Nivea, Lay's, L'Oréal, Scholl, Vanish new products and other selected brands are included in Nielsen's “Breakthrough Innovations 2015” report. Nielsen has analyzed the performance of close to 24.500...
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