Market News
Inventor of döner dies
Date: 2013-10-30 10:37:55
The Turkish immigrant credited with inventing the doner kebab has died in Berlin aged 80. Kadir Nurman set up a stall in West Berlin in 1972, selling grilled meat and...
Read more
Foreign trade turnover rose by 8 percent with Russia
Date: 2013-10-30 09:20:17
In the first seven months, Hungary’s foreign trade turnover rose by 8.1 percent with Russia, compared to the previous year, reaching a total of 7.1 billion dollars – Szijjártó Péter,...
Read more
1400 billion HUF for rural development
Date: 2013-10-29 12:28:17
The Darányi Ignác Plan New Hungary Rural Development Program closes at year end the year. The program since 2007 provided 1,400 billion HUF worth EU fundings for Hungary. The results...
Read more
Controls at the National Tobacco Shops
Date: 2013-10-29 12:00:26
The National Tax and Customs Authority found more than two hundred irregularities, during 2600 tests at the National Tobacco Shops – Magyar Nemzet wrote. The most typical faults were administrative...
Read more
Biomass can be a significant energy source again
Date: 2013-10-29 11:13:42
Biomass can be a major energy source for the Hungarian countryside again as it was for centuries – the Minister for Rural Development insisted on Friday in Budapest, at a...
Read more
Nielsen: household chemicals and cosmetics were sold for 200 billion HUF this year
Date: 2013-10-28 12:32:14
The retail turnover of household chemicals and cosmetics reached 200 billion HUF this year from January to August; 1 percent more than in the same period of the last year....
Read more
GfK: the Hungarian purchasing power is less than 40 percent of the European average
Date: 2013-10-28 12:20:02
The ten richest countries of Europe have over about half of Europe's total purchasing power, while in the poorest country, which is Moldova, the per capita disposable income is less...
Read more
The cattle business has started
Date: 2013-10-28 12:11:29
In Hungary, the producer price of young bulls fell by nearly 5 percent in September 2013, compared to the same period of the last year. The price of slaughter cows...
Read more
Mobile data connection will not be cheaper
Date: 2013-10-28 12:10:31
There will be no central purchasing for mobile data connection in terms of online cash registers, as this move would create a monopoly for one of the mobile operators –...
Read more
KSH: the volume of retail sales rose in August
Date: 2013-10-25 12:20:27
According to the calendar adjusted data, the volume of retail trade rose by 1.4 percent in August, compared to the previous year. It is 0.1 percent less than the flash...
Read more
Europe prepares for a wine price decrease after the rich harvest
Date: 2013-10-25 11:35:44
On the bais of the experiences, this year’s grape harvest is excellent. The exact summary is not yet ready, but is expected that a minimum of three million hectoliters of...
Read more
Hungarians are having breakfast for half an hour
Date: 2013-10-25 11:34:45
Fewer people are taking time to enjoy breakfast in Hungary, but who are having breakfast, spend nearly half an hour with it eating sandwiches and bakery products. The sweet breakfast...
Read more
The first PC-based online cash register has received permission
Date: 2013-10-25 11:33:38
After its small cash registers the Laurel Group's PC-based online cash register with electronic diary has also received permission from the Hungarian Trade Licensing Office. The Hungarian Trade Licensing Office...
Read more
Mistrust towards the pending cash registers
Date: 2013-10-24 12:30:34
The article of Népszabadság makes MKEH responsible for the confusion, despite the fact is that the dsitributors cannot provide the required missing rectification and on the forum of office machine...
Read more
Cigarette sales fell significantly in August
Date: 2013-10-24 12:30:27
In August, a big decrease occured in cigarette sales – the statistics of NAV show. The last month of the summer usually produces a consumption peak, thus the data that...
Read more
Magazine: Pet food’s market position improved furthe
Date: 2013-10-24 11:22:44
In December 2012-May 2013 general food stores sold dog food in the value of HUF 14 billion. Value sales were up 10 percent from the base period and volume sales...
Read more
A large drop in vodka and beer production in Ukraine
Date: 2013-10-24 11:10:37
Vodka production in Ukraine declined by nearly a third, while the amount of beer production fell by more than one-fifth by comparing the datas of September 2013 and 2012 –...
Read more
The rise of GKI-Erste economic sentiment index continued in October
Date: 2013-10-24 10:52:10
In October GKI-Erste economic sentiment index adjusted for seasonal effects continued to rise, reaching its peak value of this year. According to the empirical survey conducted by GKI (www.gki.hu) with...
Read more
Kiscsákó is the first loser of the online conversion
Date: 2013-10-23 11:55:05
The store in Kiscsákó, Orosháza has no money for the online conversion, therefore it will be closed. About one hundred, mainly elderly people are living in that settlement area. The...
Read more
The European Parliament declared e-cigarettes as products that can be distributed as free-trade products
Date: 2013-10-23 11:53:16
After a long debate, the Members of the European Parliament – with the votes of the Hungarian MEPs – decided that e-cigarettes and nicotine cannot be a medicament, because it...
Read more
LMP: the mandatory parking spaces would ruin little shops
Date: 2013-10-22 12:00:01
According to LMP, the proposal that would require small shops to create parking spaces in front of the store, would destroy the newly opened small shops – Ertsey Katalin told...
Read more
Harvest to be mechanized in the Sopron wine region
Date: 2013-10-22 11:20:33
Harvest is more and more mechanized in the Sopron wine region, this is changing the work processes as well as the mood of the harvest – the president of the...
Read more
The Nébih found an illegal packaging plant in Budapest
Date: 2013-10-22 11:10:14
The National Food Chain Safety Office (Nébih) found a total of 130 tons of non-traceable food products, when checking an unregistered warehouse in Budapest – the agency informed on Monday....
Read more
A minimum price for alcohol to be introduced in Ireland.
Date: 2013-10-22 11:01:19
The Irish cabinet decided to press ahead with a range of other measures designed to curb the abuse of alcohol, particularly by under-age drinkers. The main element of the plan...
Read more
German food exports to the Czech Republic are increasing rapidly
Date: 2013-10-22 11:00:04
German food exports to the Czech Republic are increasing rapidly: from January to September this year, increase was 12.3 percent, on an annual basis, so almost 25 percent of the...
Read more
GKI-Erste economic sentiment index gained momentum again in September
Date: 2013-10-22 10:57:22
In September, according to the empirical survey conducted by GKI with the support of the EU, business and especially consumer expectations improved no-ticeably reaching their peaks this year after a...
Read more
Fazekas Sándor: the agricultural sector is producing 4800 billion HUF
Date: 2013-10-21 12:05:16
The Hungarian agriculture produces about 2300-2400 billion HUF per year, and this amount is doubled by the food, industry. And trade does not even included to this amount – the...
Read more
It's time to prepare for the Christmas rush!
Date: 2013-10-21 12:00:02
One-fourth of the entire annual online retail sales are conducted in the Christmas period. Just like last year, the most popular gifts are expected to be tablets. The joint “Report...
Read more
Five cash register types cannot be marketed despite they are not banned
Date: 2013-10-21 11:55:14
There are no banned cash registers, but the fact is that cash register types cannot be marketed, despite they have a license. The Hungarian Trade Licensing Office (MKEH) responded to...
Read more
Advertising Association: the money spent on advertising is spinning the economy
Date: 2013-10-21 11:40:14
Every 10 HUF spent on advertising increases the performance of the Hungarian economy with 47 HUF – Hivatal Péter, Vice-President of the Hungarian Advertising Association said on Monday in Budapest...
Read more
