Market News
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...
Read moreGerman 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....
Read moreBritish 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...
Read moreNo 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...
Read moreFazekas 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...
Read moreThe 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...
Read moreNGM: 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...
Read moreGlobal 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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The NÉBIH preceded 9 billion HUF VAT evasions last year
The National Food Chain Safety Office (NÉBIH) preceded 9 billion HUF VAT evasions last year thanks to its inspections. The National Food Chain Safety Office (NÉBIH) carried out almost three...
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More fresh milk would be given to the children in public catering
The public catering regulation of the Human Resources Ministry will be amended. Among other things, it is planned that more fresh milk would be given to the children in public...
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The importance of domestic demand became more valuable for the large enterprises
The importance of domestic demand became more valuable for the large enterprises – the privatbankar.hu wrote. Now the large enterprises’ profitability depends on mostly this factor, but the government's economic...
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MNB: businesses used 231.8 billion HUF in the third stage of the NHP so far this year
In the third phase of the growth loan program (NHP) between 1 January to 30 September, the companies concluded contracts amounting to 231.8 billion HUF, of which 68 percent were...
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Carton recycling rate in Europe is close to 50 percent
Carton recycling in the European Union is at last within sight of reaching 50 percent. From under 30 percent in 2005, it has risen to 44 percent in 2015 -foodbev.com...
Read moreRomanian retail sales expanded significantly
In the first eight months, the volume of retail sales in Romania increased by 16.3 percent, compared to the same period last year – the Romanian national statistical institute annponced...
Read moreKSH: retail sales accelerated again in August
According to the raw data, the volume of retail sales increased by 5.8 percent in August, compared to the same period last year. Calendar effect adjusted, the volume of retail...
Read moreKopint-Tárki: GDP may grow by 2.2 this year and 2.7 percent next year
According to the lastest forecast of the Kopint-Tárki Zrt., the Hungarian economy may grow by 2.2 this year and by 2.7 percent next year. The government deficit this year may...
Read moreNGM: retail sales are growing steadily for 38 months
Hungarian retail sales are growing steadily for 38 months, and significantly above the EU average – Lepsényi István, Minister of State for the Ministry of National Economy (NGM) told M1...
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Coface: the number of insolvent companies may reduce this year in Central and Eastern Europe
The number of insolvent companies may decrease by 5.3 percent this year in the Central and Eastern European region, due to more favorable economic environment – according to the recent...
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Retail sales decreased in August in the EU and in the euro area
In August 2016 compared with July 2016, the seasonally adjusted volume of retail trade fell by 0.1 percent in both the euro area (EA19) and the EU28, according to estimates...
Read moreThis year, more sunflowers and corn grown in Zala county
This year, more sunflowers and corn grown in Zala county, as in last year. The harvested crop has a good quality – the county chairman of the National Association of...
Read moreSzekszárd is preparing a cooperation with a Portuguese wine city
The local government of Szekszárd is preparing a cooperation with Viseu, a Portuguese wine-growing town. According to the commercial manager of the Portuguese Embassy, it can bring new markets to...
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Acquisition transforms the employment market
One of the world’s leading human resource consulting firms, Randstad Holding (present in 39 countries), has announced their acquisition of online recruitment specialist company Monster Worldwide Inc. Monster Worldwide will...
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