Market News
PwC Global Economy Watch: employment increasing worldwide
The economic recovery prospects are still uncertain about seven years after the outbreak of the global financial crisis. However, it can be a reason for optimism, that one of the...
Read moreMagazine: Sundays without shopping
As of 15 March most stores have to remain closed in Hungary. This measure will inevitably lead to changes in both the market and shopping habits. According to György Vámos,...
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GS1 standard elements and the EKÁER system
Several elements in the GS1 system of retail standards have already proved their cost- and process-efficiency in practice. This is the reason why GS1 Hungary and the Electronic Freight Goods...
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Changes in the excise regulations of alcohol products
As of 1 January 2015 the excise duty on alcohol products is a standard HUF 333,385 as calculated for the tax base. The basis of the tax remains to be...
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The ekáer detected several irregularities
A number of irregularities have been revealed by the Road Freight Control System (ekáer) – the National Tax and Customs Administration (NAV) told MTI. According to the communication, the system...
Read moreHungary is prepared for the new EU regulation on grape planting
Hungary is prepared for the new EU regulation on grape planting that would make it possible to increase the grape growing areas in the Member States – the Ministry of...
Read moreAn increase in legal pálinka sales
The monthly legal pálinka sales have increased spectacularly, at some commercial distilleries by more than 80 percent since the beginning of the year, after a 50 percent excise tax was...
Read more380 billion HUF for agricultural water management and irrigation development
About 380 billion HUF will be spent on the development of agricultural water management and irrigation until 2020, by the end of the current EU budget period – the Prime...
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The world's rice production is increasing
This year, the global rice production will rise slightly, but the international rice trade will decline, due to the existing high stocks. According to the latest report of the UN...
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The Multipont Program is among the best loyalty programs in the region in two categories
The Multipont Program will be among the finalists in two categories at the Loyalty Awards 2015 that is assessing the best loyalty programs of the EMEA region (Europe, Middle East...
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The NÉBIH found not approved ingredient in peppers
The laboratory of the National Food Chain Safety Office (NÉBIH) detected not approved ingredient in the peppers criticized by Greenpeace. On the basis of the findings of the investigation, the...
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NAV’s Institute of Experts did not perceive change in trends last year
The Institute of Experts of the National Tax and Customs Administration (NAV) tested about 12 thousand items last year. The tests have become more detailed. The investigation of tobacco and...
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Organic market opens in Gyula
The fair hall in Gyula houses an organic market with crafts fair this Sunday. Pikó Tamás, the founder of the market told MTI that a total of almost thirty vendors...
Read moreFifteen thousand boxes of cigarettes were found in an RV near Hatvan
Almost fifteen thousand boxes of cigarettes with Serbian tax stamps were found in a camper van near Hatvan on Road 32. Kovács Dorina spokesperson of the National Tax and Customs...
Read moreThe OKSZ supports the possibility of earlier opening hours in stores
Vámos György the Secretary-General of the National Trade Association (OKSZ) considers the idea of the earlier opening hours favorable. According to an amendment, the stores could be open from 4:30...
Read moreKopint- Tárki: GDP may increase by 3.2 percent this year and by 2.2 percent in 2016
The gross domestic product (GDP) can increase by 3.2 percent this year and by 2.2 for the next year – according to the forecast of the Kopint-Tárki Economic Research Institute,...
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The government proposes a maximum advertising tax rate of 5.3 percent
The Government proposed to the National Assembly that the maximum rate of tax on advertising to be 5.3 percent – Lázár János, Minister leading the Prime Minister's office announced on...
Read moreAccording to a research the third of the Hungarian companies do not plan ahead
The results of the representative research, made with the involvement of almost five hundred companies were described by Veres Rita, managing director of Aon Hewitt. Thirty-two percent of Hungarian companies...
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The farmers would increase the size of the irrigated area with more than 200 thousand hectares
The farmers would irrigate on more than 330 thousand hectares if they had the opportunity. Now the size of the irrigated area is about 130 thousand hectares – the Director-General...
Read moreNew EU rules on grape planting
The European Commission adopted a regulation about the extension of the wine-growing areas and about the introduction of a new grape planting licensing system – according to the committee’s website....
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A trampoline park was opened on the top of the West End
The first outdoor trampoline park in the Central-Eastern European region was handed over at the Westend City Center’s Millennium roof garden on Thursday. It is the largest trampoline park in...
Read moreRobust growth in China’s e-commerce market in 2014
2014 brought record levels of growth in the e-commerce market in China. The professionals predict similar trend in the coming years. According to newly released data of the Chinese e-commerce...
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Finally a growth in household chemical and cosmetics volume sales
Last year retail sales of household chemicals and cosmetics were worth HUF 333 billion, 6 percent more than in 2013. It was back in 2010 that volume sales had grown...
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A Code of Agricultural Marketing is being prepared
Hungarian Tourism Zrt.’s Agricultural Marketing Centre prepared the draft of a short-term agricultural marketing strategy. The discussion of this draft by the trade started in late February at a Budapest...
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Hungarian FMCG retail dynamics among the best in Europe
In the 4th quarter of 2014 Hungarian FMCG retail turnover expanded faster than the European average: in terms of volume sales 3.2 percent more groceries, household chemicals and cosmetics were...
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Television commercials of the FMCG sector reach more viewers
According to Nielsen Audience Measurement Kft., in 2014 the television commercials of FMCG products had 1 percentage point higher Gross Rating Point (GRP) index than in 2013. The GRP index...
Read moreMagazine: Promising start of the new year in tobacco retail
Last year tobacco retail’s revenue was HUF 535 billion, way below expectations. However, the start of 2015 was promising: in January 2015 Trafik.hu partners realised 12 percent higher sales than...
Read moreDifferent expert opinions about the retail outlooks
Suppan Gergely, the analyst of the Savings Bank told that the lively retail sales increase can continue in the coming months, while Vámos György, the Secretary-General of the National Trade...
Read moreKSH: consumer prices fell by 0.6 percent in March
Consumer prices decreased slightly in March, after the 1 percent decline of February. Consumer prices were an average of 0.6 percent lower in March, than a year before – the...
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