Market News
Randstad research: the proportion of black economy reduced in Hungary
Date: 2014-08-28 11:50:51
The proportion of the black market in the gross domestic product (GDP) amounted to about 22 percent in Hungary in 2013, now a 1 percent decline occurred – according to...
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The sunflower harvest begins in Békés county
Date: 2014-08-28 11:42:06
The sunflower harvest begins in Békés county. The maturation acceleration management of crops has been completed in most places, the harvesting of the plant will begin next week – the...
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Within a year mobile data traffic grew by 60 percent globally
Date: 2014-08-28 11:25:56
In one year – between the second quarter of 2013 and second quarter of 2014, the the global mobile data traffic rose by 60 percent – Ericsson’s Mobility Report revealed....
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Economic sentiment deteriorated both in the EU and in the euro zone
Date: 2014-08-28 11:18:55
The economic sentiment deteriorated in August in the European Union (EU) consisting of 28 Member States and in the euro zone consisting of 18 Member States – according to the...
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The corporate sector sees the greatest development potential in agriculture
Date: 2014-08-28 08:04:24
A recent survey by GKI Economic Research revealed that Hungary’s EU membership has definitely had a positive influence on the corporate sector. 49 percent of companies reported positive effects and...
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KSH: favorable retail sales datas in the second estimate
Date: 2014-08-27 12:10:44
The volume of retail sales increased by higher extent than expected; by 4.1 percent in June, according to calendar-adjusted and raw datas, compared to the previous year – the Central...
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Analysts: further increase can come in employment
Date: 2014-08-27 11:40:04
The employment growth can last until the end of the year, according to analysts interviewed by MTI, who also noted that the private sector is becoming a major contributor to...
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Every fifth Internet user uses a tablet
Date: 2014-08-27 11:32:07
One in five Internet user uses a tablet in Hungary and half of them watch videos on it. Those users also appeared who watch live television programs on tablet. However,...
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The NAV found irregularities at two-thirds of the retailers in two metropolitan shopping centres selling products from the Far East
Date: 2014-08-27 11:20:46
The tax inspectors found irregularities at two-thirds of the traders in two popular shopping centres selling products from the Far East in Budapest. The retailers more than half of the...
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Magazine: Four Cornerstone Drivers
Date: 2014-08-27 11:20:08
Research conducted in the early 2000s proved that shoppers pick certain products/services based on hidden or revealed expectations that help them satisfy some kind of need. If we can identify...
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Lower prices in industrial production
Date: 2014-08-27 08:23:41
In April 2014 domestic industrial production prices dropped by 0.8 percent on average from the level of the previous month. Domestic industrial sales prices reduced 0.2 percent. In the processing...
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Nielsen: mobile devices are becoming increasingly important in e-commerce
Date: 2014-08-26 12:00:15
The proportion of those who intend to buy online has doubled since 2011 in terms of consumer goods and entertainment services, such as e-books, tickets, games and sports equipment –...
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FM: the list of meat products to the United States is extended
Date: 2014-08-26 11:58:12
The list of meat products that can be exported to the United States is extended – the Ministry of Agriculture (FM) told MTI on Tuesday. According to the information, the...
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Glattfelder: the government is looking for an opportunity to maintain the production of tobacco
Date: 2014-08-26 11:50:30
The government is looking for an opportunity to maintain the Hungarian tobacco production among the European Union’s circumstances, in order to preserve the jobs of 20 thousand people – Glattfelder...
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NÉBIH: tens of thousands of liters of mineral waters were withdrawn from circulation
Date: 2014-08-26 11:42:44
The National Food Chain Safety Office (NÉBIH) prohibited the distribution of tens of thousands of liters of twelve different types of mineral waters and ordered the manufacturers to recall the...
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The Economic Performance of Rural Hungary Depends on SMEs
Date: 2014-08-26 11:40:24
The economic performance of rural Hungary depends fundamentally on micro, small and medium-sized enterprises, the Ministry of National Development’s Parliamentary State Secretary said on Friday in Hajdúdorog. In his speech...
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Opten: company eliminating record in July
Date: 2014-08-26 11:32:01
A total of 5,082 firms were terminated in Hungary in July. It is almost 27 percent more than the worst data of October 2013 – the Opten company information service...
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The mildew has not attacked the grapes so early as this year
Date: 2014-08-26 11:30:21
The specially mild short winter, the 3-4 degrees warmer year start was favorable for pests and diseases – was said at the professional events of Syngenta that were organized in...
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The first Bitcoin Exchange ATM was put into operation in Hungary
Date: 2014-08-26 10:55:32
The first Bitcoin Exchange ATM machine, which is suitable for the exchange of the digital currency called Bitcoin was presented in the downtown Anker Club in Budapest on Monday. MTI...
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232,300-forint average wage
Date: 2014-08-26 08:24:40
Compared with the same period a year earlier, gross wages rose 2.4 percent at enterprises employing at least 5 people, budgetary institutions and observed non-profit organisations. In January-April 2014 the...
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Zsolt Gyulay: the tobacco shop system is working well
Date: 2014-08-26 08:22:12
According to Zsolt Gyulay, CEO of NDN Tobacco Trade Non-profit Zrt., the government achieved their goal with the new tobacco product retail system: before 1 July 2013 58 percent of...
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GKI: business expectations improved, consumer expectations declined
Date: 2014-08-25 12:00:10
Compared to the July lows, the business expectations improved, while the consumer confidence index continued to decline in August, – GKI Economic Research Company’s survey shows. The survey was conducted...
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The Exim offers insurance due to the Russian embargo
Date: 2014-08-25 11:52:06
A distrust can be seen towards the Russian market. The Hungarian exporters protect themselves from the deteriorated economic relations between the EU and Russia with insurance – Nátrán Roland, Exim’s...
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Only online cash registers can be used from September
Date: 2014-08-25 11:50:32
The businesses can use only online cash registers from 1 September. If a company fails to repkplace the online cash register it can be fined up to 1 million HUF,...
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The SMEs count on EU funds
Date: 2014-08-25 11:40:26
Although the available EU funds in the 2007-2013 application cycle has been all tied up, and the new call for proposals have not yet appeared, the domestic SMEs are still...
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Chinese spend tens of billions on their pets each year
Date: 2014-08-25 10:58:24
According to the latest study of the Euromonitor research firm, the Chinese pet keepers spend tens of billions each year, and the market will grow significantly in the coming years....
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Wanzl Hungary: online stores in focus
Date: 2014-08-25 09:03:51
Wanzl’s Logistics+Industry division established a set of services tailored to the storing, order picking, logistics and other needs of online retailers, which is now also available from Wanzl Hungary. In...
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Nielsen: more and more people are watching the TV advertisements of food products
Date: 2014-08-22 12:10:30
The TV spots of food, household chemicals and cosmetics, the first half of they year reached 2 percent more GRP (Gross Rating Point) than in the January-June period of 2103...
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An analyst interviewed by MTI expects a further increase in real wages and consumption
Date: 2014-08-22 12:00:30
Due to the low inflation, the increase in real wages can continue in Hungary, which supports the expansion of consumption this year – told the analyst interviewed by MTI on...
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The NFM strengthens the ties between the state and the consumers
Date: 2014-08-22 11:52:46
The Hungarian Ministry of National Development (NFM) uses a new approach in consumer protection. Koszorús László, the Deputy Head of the State Secretariat at the ministry told MTI: that the...
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