Market News

Retail sales declined further in the United States

The retail sales in the US declined by 0.8 percent, more than expected 0.5 percent in January, compared to December – the US Commerce Department announced on Thursday. The retail...

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Jeeps packed with smuggled cigarettes were seized

Jeeps packed with more than 24 million HUF worth smuggled cigarettes were seized by the finance inspectors of the National Tax and Customs Authority near Tarpa Dávid Zoltán press officer...

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Magazine: Our mobile can now serve as a digital wallet

After the test period Telekom was the first mobile service provider to launch its commercial Mobile Wallet service, which transforms our mobiles into digital wallets. Those who wish to use...

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KSH: consumer prices fell by 1.4 percent in January

The consumer prices decreased by 1.4 percent in January 2015, compared to the first month of the previous year, while compared to December2014 were0.2 percent lower – the Central Statistical...

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Magazine: ‘Below in the valley the flowers are resplendent’ – for the time being

After the July peak a slow decline started in tobacco retail, but September data still show better results than many in the sector expected. The seasonal drop forecasted from Trafik.hu...

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NAV: more and more people are interested in ekáer and online cash machines from abroad

More and more foreign tax professionals interested towards the electronic road freight control system (ekáer) and towards the online cash registers, because every government needs to improve its revenue collection,...

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The effects of the new toll system

On the busiest days in January nearly 30 percent more vehicles crossed the alternative routes of the road sections that became tolled, compared to the same period of the last...

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The online industrial auctions are increasingly popular in Hungary

The online auctions are becoming more popular among both the sellers and the buyers in which industrial and commercial enterprises auctioned their tools in large quantities. The process is beneficial...

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Actimel survey: one-third of the respondents do not regularly eat breakfast

According to the Actimel Breakfast Routine Survey carried out in January 2015, 33 percent of the surveyed 600 adults between the ages of 25 and 60 do not eat breakfast...

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Changing development priorities

The Prime Minister’s Office (PMO) announced that the government and the European Commission agreed on EUR 34 billion in funding from the European Union. Together with the necessary own resources...

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Place of origin is important information

According to the latest 1,000-person shopper survey by Perception Research Services (PRS) published in British trade magazine The Grocer, 89 percent of Brits check where the fresh product they buy...

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The turnover of cosmetics and household chemicals increased in the terms of volume as well

The sales volume of retail from cosmetics and household chemicals was 333 billion HUF in 2014; 6 percent more than a year earlier. In terms of volume the sales increased...

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Lázár: the advertising tax remains

The advertising tax remains the most important objective of the government to maintain the system of special taxes – Lázár János, the Minister, leading the Prime Minister's Office told in...

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The government expects the banks to pick up small business loans in exchange for the tax reduction

Rogán Antal, the parliamentary group leader of Fidesz, mentioned the condition of the bank tax reduction that the banks to start up the lending to the small and medium-sized enterprises,...

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The analysts expect imports to pick up

The domestic foreign trade surplus continues to be very high – according to analysts polled by MTI, who expect a picking up of import this year. According to the first...

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KSH: the number of cattle and swine increased further

The increase in cattle stocks continued, so by the end of 2014 their number exceeded 800 thousand. The number of pigs is over more than 3 million again – the...

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Europe's largest illegal cigarette factory was detected in Vecsés

Europe's largest illegal cigarette factory was detected in Vecsés – the staff of the National Tax and Customs Authority announced at a press conference on Tuesday. Photo: NAV At the...

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The German exports may break record this year again

The German economy’s export can break a record again after 2014 – according to the forecast of the Association of German foreign and wholesale companies (BGA). According to the German...

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Companies’ source of energy

MVM Partner Zrt. was an exhibitor at the 8th Business Days conference, held between 23 and 26 September 2014. The competitiveness of Hungarian FMCG companies and food industry firms in...

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Facts and numbers about sales efficiency (Part 1)

MindZ Business Design prepared the first report surveying the efficiency of Hungarian consumer good-selling companies. Results were presented at the Business Days conference with Otília Dörnyei, client service director of...

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Brands, growth, innovation

There are masses of products and services available to us and it isn’t easy to choose from these. If we are lucky, we get some help in making this important...

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Magazine: Fruitier tea market

After the continuous expansion of recent years 2013 brought the market to a halt (probably the unusually mild winter had something to do with this) and this negative trend continued...

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Analysts expect higher growth and lower inflation than the European Commission forecasted

The European Commission is too pessimistic with regard to next year’s economic growth and this year's inflation – the senior analysts of K&H and ING consider. According to the economic...

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The President of the Bank Association welcomes the reduction of the bank tax

Patai Mihály, the President of the Hungarian Bank Association welcomes the announcement on the possible reduction of the bank tax – the Hungarian Bank Association told MTI on Monday. He...

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KSH: trade surplus was 6.5 billion euros in 2014

Hungary's foreign trade balance closed last year with a 6.5 billion euros surplus, exports increased by 3.9, while imports grew by 4.3 percent compared to the previous year – teh...

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The majority of employers are planning to hire new staff this year

The 63 percent of employers plan to hire new staff takes up this year, the biggest demand is towards semi-skilled, unskilled and skilled workers – the survey of teh Humán...

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The scope of social marketing fund payers was expanded

The scope of social marketing fund payers was expanded in the milk product line; those processors, retailers and wholesalers should pay the marketing sector contributions, who have not been members...

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Nébih: 40 tonnes of animal by-products should be disposed in Bács County

At a site, operating without a license c40 tonnes of animal by-products should be disposed after the professionals of the National Food Chain Safety Office (Nébih) inspected an animal skins...

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Technological innovation in the transportation of live fish

The consortium including the Tógazda Halászati Zrt. and teh BME Viking Zrt. will implement a technological improvement in the field of live fish transport. The Szent István University supports the...

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The NAV seized six thousand boxes of untaxed cigarettes in Hódmezôvásárhely

The finance guards found more than six thousand boxes of untaxed cigarettes and five kilogrammes of fine-cut tobaccos in a property in Hódmezôvásárhely – the National Tax and Customs Administration...

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