Market News
Fish production may increase by 3-4 percent this year
Date: 2014-12-08 11:52:36
Fish production may increase by 3-4 percent in Hungary from last year’s 22 thousand tonnes Lévai Ferenc, CEO of the Aranyponty Zrt. told on Monday to MTI. The CEO said...
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ILO: the wages in the developed economies are three times higher than in the developing countries
Date: 2014-12-08 11:40:54
The wages in the developed economies are still on average three times higher than in the developing countries, despite the fact that over the past decade, the average wages of...
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Substantial changes to be expected in the new round of applications
Date: 2014-12-08 11:25:07
The K & H business tips series of events for domestic businesses continued this year. This time, the experts presented the most concerning subjects of the SMEs, the support system...
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Healthy soil healthy life
Date: 2014-12-08 11:22:12
Healthy soils for a healthy life – teh International Year of the soils was launched with this slogan, which draws attention to the conscious and sustainable tillage, nutrient management, and...
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The book of Champagne and Aszú excellences has been published
Date: 2014-12-08 11:19:06
The book of Champagne and Aszú excellences has been published in the context of the Country Tasting Series. The book of Champagne and Aszú excellences presents the best domestic items...
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Brewie: Community campaign for homemade brewing
Date: 2014-12-08 11:17:20
The pioneer startup of home brewing, the Brewie has took off on one of the largest crowdfunding site, the Indiegogo. The goal of the two-month ongoing community campaign is 100...
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Ledó Ferenc became the new president of the FruitVeB
Date: 2014-12-08 11:15:25
The Hungarian Fruit and Vegetable Interprofessional Organisation (FruitVeB) elected Ledó Ferenc as the new President on 4 December in Budapest – the trade association told MTI on Monday. The new...
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Farmers spent a lot on fertilizers
Date: 2014-12-08 11:14:20
Because of the persistent rains and due to the inland water in several areas the farm work and the harvest is going slowly. For example in Békés county 5-7 percent...
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No shopping list
Date: 2014-12-08 09:39:54
Comparing POPAI’s general (2012) and hypermarket (2014) shopping habit studies reveals that in the USA fewer consumers use shopping lists – this is especially true for large-floor space stores. Back...
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Is Amazon really about to open its first off-line store?
Date: 2014-12-08 09:37:55
On 22 October Amazon will open its first off-line store in San Francisco’s Westfield shopping centre. The company announced that they would open several seasonal ‘pop-up stores’ around the USA,...
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Walmart: retreat or attack?
Date: 2014-12-08 08:35:23
Walmart drastically reduces the planned number of large-floor space store openings in the USA: instead of the 120 opened this year only 60-70 Walmarts will open in 2015. The retail...
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Amendments: the Sunday store closure would not be applied in the Advent period
Date: 2014-12-05 12:23:16
Two amendments submitted by the Fidesz would change the Christian Democratic’s bill on Sunday store closure at several points. The proposal would not affect the operation of the small family...
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The pálinka is popular among young people
Date: 2014-12-05 12:10:36
Young Hungarians consume pálinka mostly on the occasion of social gatherings. The family events, house parties, friendly toasts are the most inspiring situations to consume the distillate – the research...
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The Santa Claus Factory would like to give presents to at least three hundred thousand children
Date: 2014-12-05 11:33:43
The Christmas charity fundraising campaign called Santa Claus Factory would like to give presents to at least three hundred thousand children. The organzers of the campaign are waiting the offers...
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The guiness record of apple eating has been broken
Date: 2014-12-05 11:15:38
Hungarians broke the previous Guinness record for eating apples in Budapest. MTI Photos: Balazs Mohai At the Minden nap! (Every Day!) event more than one thousand people were eating apples...
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The price of buckwheat, eggs and vegetables increased the most in Russia
Date: 2014-12-05 11:10:08
Consumer prices increased by 0.3 percent in Russia between 25 November and 1 December. The prices rose by 8.5 percent erom the beginning of the year until 1 December. In...
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EXIM representations opening all over Hungary
Date: 2014-12-05 10:36:00
This autumn nine EXIM offices open in Hungary, in Győr, Nagykanizsa, Miskolc, Debrecen, Kecskemét, Pécs, Szeged, Székesfehérvár and Veszprém. The state-owned financial institution’s goal is provide financing and insurance schemes...
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Where are you going, world economy?
Date: 2014-12-05 10:29:53
The world is afraid that the Fed will increase interest rates. In the Ukraine everything is the same. Europe is suffering because of the Russian sanctions. Europe’s flagship, the German...
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Vodka sales grew, pálinka sales dropped
Date: 2014-12-05 10:26:29
Combined retail sales of the nine spirit categories amounted to more than HUF 40 billion in the December 2013-July 2014 period. Compared with the same period a year before, liqueur...
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The Christmas gift packages reached a nearly four billion HUF turnover at the end of 2013
Date: 2014-12-04 11:50:35
The retail sales of Christmas gift packages containing medicinal products lotions, nonprescription medicines and health care products increased in value and in amount of in November and December last year,...
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The performance of agriculture has steadily expanded this year
Date: 2014-12-04 11:45:46
The performance of agriculture has expanded this year even in spite of last year's high base. In 2013 the role of agriculture was determining in the economic growth, and this...
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KSH: the foreign trade surplus was 939 million euros in September
Date: 2014-12-04 11:37:09
In September, the export value increased by 6.0 percent, while the value of imports increased by 5.5 percent compared to the same period of the previous year. The trade surplus...
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GFK: The fifth of the innovations becomes a successful mass-market product
Date: 2014-12-04 11:34:53
Over the past three years, a total of 41 products and services won the “Product of the Year Award.” Most of the winners came from the fast moving consumer goods...
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How to be cautious when using the internet to buy for Christmas?
Date: 2014-12-04 11:30:12
The popularity of online shopping is slowly but surely growing in Hungary. Most of these transactions are taking place during the Christmas shopping, due to the more and more appreciating...
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The average purchase price of corn and wheat decreased in November
Date: 2014-12-04 11:14:25
In November, the Magro Grain Index (MGX) fell by 14 percent compared to the previous month. The inex that is showing the joint price movement of the Hungarian grains was...
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Better expectations after the summer worsening
Date: 2014-12-04 09:11:40
In September the GKI-Erste economic sentiment index grew a little. Both consumer and business expectations improved a little. After a 3-month decline the industrial confidence index has been rising a...
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Hungarians consume 25 percent more pork in December
Date: 2014-12-03 12:45:31
Hungarian people spend more on pork In December; instead of the usual 2 kilogrammes, they consume 25 percent more, approximately 2.5 kilograms per person – the Livestock and Meat Marketing...
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KSH: the detailed data also showed a GDP growth of 3.2 percent
Date: 2014-12-03 12:20:21
The gross domestic product (GDP) was 3.2 percent higher than a year earlier in this year's third quarter. According to the seasonally and calendar adjusted data the GDP increased by...
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The confectionery market expects the same turnover as in 2013
Date: 2014-12-03 12:00:16
The turnover of the Hungarian confectionery market last year was a little more than 180 billion HUF. The market players expect a similar amount this year is for the industry...
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The economic committee's proposals for tobacco retail act
Date: 2014-12-03 11:45:58
In the future, the tobacco retail supplier can be selected by the relevant minister in three ways, the concession fee fows to thestate treasury – the the tobacco retail law’s...
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