Market News
KSH: accelerated growth in retail sales in November
Date: 2014-01-29 13:00:53
The volume of retail sales was 4.3 percent higher in November 2013, than in November 2012. The calendar- adjusted datas show a 4.8 percent increase. These datas indicate a significant...
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Nielsen’s consumer confidence index is on its three-year peak
Date: 2014-01-29 12:45:39
Nielsen’s consumer confidence index has reached a three-year record high level in Hungary. During the last, fourth quarter survey, Nielsen’s consumer confidence index increased by another 6 points compared to...
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Another four food industrial companies do not advertise for children
Date: 2014-01-29 12:40:46
The representatives of the four companies signed their intention on Wednesday in Budapest. in the presence of Karas Monika, President of the National Media and Communications Authority (NMHH). The four...
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Azerbaijan would buy tens of thousands of Hungarian cattle
Date: 2014-01-29 12:30:52
Still agriculture can be the flagship of the Hungarian-Azerbaijani economic relations. The Azerbaijani government approved the budget resources needed to purchase ten thousand Hungarian cattle – Szijjártó Péter, Minister of...
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Cash registers: OKSZ proposes to wait for a few days
Date: 2014-01-29 12:10:01
The National Retail Federation (OKSZ) recommends to the traders, who ordered revoked permission online cash registers to wait for a few days to resolution of the Ministry of National Economy...
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Nébih withdrew fifteen tons of kiwifruit from circulation
Date: 2014-01-29 11:22:04
Fifteen tons of kiwifruit, worth more than four million HUF were withdrawn from circulation, after test were initated at the metropolitan wholesale market – the National Food Chain Safety Office...
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Magazine: Bulgaria – Many retailers, several store types
Date: 2014-01-28 12:10:09
Thirty-seven Bulgarian FMCG companies sent more than 100 representatives to Nielsen’s Shopper Trends workshop, held in Novotel Sofia. Jacques Vandenheede, retail insights director of Nielsen in Europe, told participants that...
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Tricking with the state support
Date: 2014-01-28 12:00:16
The Secretary-General of the National Retail Federation (OKSZ) considers it a common scam, that there are companies selling online cash registers, that when the traders are paying the sum for...
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Consumers protection: most detergents have appropriate efficiency
Date: 2014-01-28 11:55:16
The majority of the detergents distributed in Hungary have appropriate efficiency – a test revealed. The National Consumer Protection Authority (NFH) told MTI on Tuesday, that only three of the...
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Ipsos: happy and unhappy
Date: 2014-01-28 11:40:12
The economic situation has an effect on people's daily moods, but it is not the only factor that affects their mood. Worldwide, only 37 percent of the respondents consider their...
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The purple tomato juice is waiting for permission
Date: 2014-01-28 11:11:21
British scientists developed genetically modified purple tomato varieties that are very rich in antioxidants, are anti-inflammatory and have anti-cancer effects. If the official permits will be obtained, the purple tomato...
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Low corn export level is expected
Date: 2014-01-28 10:07:17
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that Hungarian producers were selling mill quality wheat for HUF 44,000 a ton, fodder...
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Cash Registers replacement: support deadline may change
Date: 2014-01-27 12:40:27
The state support deadline may change the Magyar Nemzet Online wrote on the basis of an unofficial source. According to the source, the National Economy Ministry was searching for the...
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NAV: state support will not be lost
Date: 2014-01-27 12:22:51
The state support of those traders who requested orders to authorized but later banned cash registers is not in danger. The onlinekassza.hu learned that the NAV has freed-up the startup...
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Expanding economic relations with the South Caucasus region
Date: 2014-01-27 12:14:04
The National Foreign Trade Office (HITA) organized a business forum, together with its partner, the he Azerbaijani Export and Investment Promotion Fund (AZPROMO). At the business forum, that was in...
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Euromonitor International: The Top 10 Global Consumer Trends for 2014
Date: 2014-01-27 12:08:22
Trends include an overwhelming desire globally to indulge in luxury goods, download more apps and document experiences visually through social media. However, consumers are also struggling with work-life balance, maintaining...
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VM: the swine VAT reduction has launcehed positive processes
Date: 2014-01-27 12:02:42
Positive processes have started since the beginning of the year, as the result of the 5 percent VATreduction on living and carcassed pigs – the Ministry of Rural Development (VM)...
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Videoton passes the responsibility
Date: 2014-01-27 12:00:04
Videoton's leadership expressed its astonishment, about the explanation of the MKEH, after the Hungarian Trade Licensing Office (MKEH) withdrew the license of the online cash registers, distributed by the Alt...
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Acacia coalition formed for the protection and recognition of the acacia and acacia honey
Date: 2014-01-27 11:35:28
An Acacia coalition was formed for the protection and for the recognition of the acacia and acacia honey, with the participation of several agro and forestry professional organizations – Glattfelder...
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Magazine: OTC drug sales are growing dynamically
Date: 2014-01-27 09:34:13
Retail sales of OTC drugs augmented by 10 percent in the first nine months of 2013 from the same period of 2012 (sales of pharmacies and retail stores combined). Sales...
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We spend almost the third of our income on food
Date: 2014-01-24 12:12:47
The majority of economically active adults in Hungary spend the most of their salaries on daily expenditure, they can save just 4 percent of their salary – the Generali Biztosító...
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The withdrawal of the license was unexpected
Date: 2014-01-24 12:11:12
The Hungarian Trade Licensing Office (MKEH) has withdrawn the license of the SAM4S NR-300 ONLINE online cash register of the Alt Cash Kft. and the S&E NR-300 ONLINE online cash...
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The new Czech Minister of Agriculture wants more Czech foods in the stores
Date: 2014-01-24 11:02:08
According to Marian Jurecka, new Czech Minister of Agriculture, they would make it mandatory for the foreign international chains to sell more Czech origin food products. Currently there is no...
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GKI: Consumer expectations continued to soar in January
Date: 2014-01-24 10:46:56
In January, GKI-Erste economic sentiment index adjusted for seasonal effects continued to go up. The index has been on the rise for almost a year. According to the empirical survey...
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28 February is the deadline for the support
Date: 2014-01-23 12:40:01
The regulation has been published. The main rule is to install the online cash registers, not later than 31 January 2014, to be eligible for the 50 thousand HUF state...
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Seven out of ten Hungarians have changed their shopping habits in case of non-prescription medicines and medicinal preparations
Date: 2014-01-23 12:35:11
In Europe, 88 percent of the Greeks, 79 percent of the Portuguese and 75 percent of the Italians believe that the crisis will affeced the quantity and type of the...
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KSH: the yield of wheat and corn increased last year
Date: 2014-01-23 12:20:37
Last year, the yield of wheat increased by 25 percent, while the the yield of maize increased by 41 percent, compared to 2012 – the Central Statistics Office (KSH) announced...
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Czerván György: 1.6 billion HUF for the pig sector program this year
Date: 2014-01-23 12:10:20
1.6 billion HUF will be available for the pig sector program this year, just like in 2013 – Czerván György announced on Thursday, at the heralding press conference of the...
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Increased revenue and profit from wildlife management
Date: 2014-01-23 12:02:58
In the 2012 /2013 hunting year, the industry’s total revenue was 20.3 billion HUF, of which the amount of game meat was 5.3 billion HUF – the Ministry of Rural...
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Bisnode: the number of firms can decrease further this year
Date: 2014-01-23 12:02:54
According to Bisnode business information provider, the number of companies can reduce further in 2014, due to the low number of start-ups and forced terminations Hungary. The business information provider...
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