Market News

Rice contaminated with cadmium were found in Southern China

Higher than permitted levels were found in almost half of the tested samples. Carcinogenic cadmium were found by the authorities in south China's Guangdong province – the Chinese media reports...

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The targeted service is a new cafeteria item

The amounts paid by an employer to the voluntary mutual insurance funds will be introduced as new fringe benefits Kalocsai Zsolt, CEO of RSM DTM Hungary Zrt. told. In other...

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Nielsen: increased food retail revenues

Retail revenues rose by 2 percent in case of the sales in the ninety-food categories continuously measured by Nielsen, between December 2012 and March 2013, compared to the previous comparable...

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GKI still forecasts economic stagnation for 2013

Despite the better-than-expected first-quarter GDP figures, the GKI Gazdaságkutató Zrt. did not change its forecast and continues to forecast economic stagnation for this year. The economic researcher in its blog...

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Not the best time to replace the cash registers

The retailers and restaurateurs near the Lake Balaton should carry out the replacement of  the cash registers in the middle of the season. The National Federation of Traders and Caterers...

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More than a quarter of the Hungarian population using smart phone

29 percent of the Hungarian adults had smartphones late last year. The use of the devices is above the average among men, the youngsters, the well educated, and among those...

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German investments in Hungary are over 20 billion euros

The German companies have invested almost 21 billion euros in Hungary, making Germany the largest foreign investor in Hungary – Varga Mihály Minister for Economic Affairs told at the celebration...

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Drink champagne against forgetfulness!

The consumption of one or two glasses of champagne a week can offset memory loss associated with the aging process and can delay the degenerative brain diseases, including the development...

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Black market is a serious threat in Europe

The Union of Liquor Producers and Importers of the Czech Republic (UVDL) is urging rapid actions to restrict the alcoholic beverages black market. In its “Remember the methanol!” statement, the...

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The NAV will not punish for the delay if it is unintentional

According to the manufacturers the deadline to replace the cash registers seems to be sustainable – Pankucsi Zoltán, Deputy Secretary of the Ministry of National Economy (MNE) told in the...

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MVH: assessment of the beekeeping support is continuous

The Agricultural and Rural Development Authority (MVH) is continuously assessing the support claims that were submitted on the basis of the Hungarian National Apiary Program – MVH told MTI on...

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Ipsos: Money matters

Great consumer insights can inspire powerful product ideas, and ultimately winning concepts and successful innovations. And yet, as marketers increase their expertise at uncovering insights and truly understanding their consumers’...

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ECR, with responsible thinking

Transparency, trust, efficiency, a better yet cheaper service are the key topics of the 20 year-old ECR conference, which had been organized by EuroCommerce on 14th and 15th May 2013....

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Hungary's economy has grown compared to the previous quarter

Analysts interviewed by MTI considered the first quarter’s GDP data favorable than expected. The data was published by the Central Statistics Office (KSH) on Wednesday. Analysts forecast a positive sequel,...

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Ifo: the world economy situation improved in the second quarter

The index reflecting on the state of the world economy has improved in the second quarter – the ifo Institute for Economic Research of the University of Munich announced on...

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KPMG: Hungary is improving its position in the use of EU funds

At the end of last year, Hungary was in the middle-field among the ten Central and Eastern European countries, in connection with the usage of the 2007-2013 development funds in...

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The Ministry of Rural Development has changed the rules on organic products

In order to increase consumer confidence, the Ministry of Rural Development (VM), amended managing requirements in connection with organic products, the rules of certification, marketing, labeling and controls. According to...

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ECR Europe's annual conference – video

Senior executives from 7 retailers and 16 manufacturers attended in November ECR Europe’s first European Leaders Forum, at the head office of Carrefour. The meeting, building on ECR Europe’s new...

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The OTP launches a credit facility for tobacconists

OTP Bank has developed a credit facility for the operators of the national tobacco stores. Since than, hundreds of concessionaires inquired at the bank – the financial institution told MTI...

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KSH: inflation slowed further in April

The annual inflation rate slowed further in April to 1.7 percent, after the 2.2 percent of March. Compared to March, consumer prices rose by 0.3 percent compared with March –...

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The sowing area of melon has increased

The planting and sowing of melon has completed. In 2013, the producers can produce melon on a ten percent larger area than in the last year – Simonka György (Fidesz),...

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Buying retail spaces in Budapest is a good business for Europeans

Hong Kong remains the most expensive retail store market of the world. The rents are 150 percent higher than in New York and 400 percent higher than in London and...

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Parragh: the expectations of the companies are moving towards a positive direction

After a long time, the expectations of the Hungarian companies are moving towards a slightly positive direction with decreasing uncertainty ratio – Parragh László, president of the Hungarian Chamber of...

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Agreement was born between NAV and the mobile companies

Slowly it becomes clearer, which companies will run data connection between the online cashiers and the server of NAV. The tax authorities have concluded the contract with the four domestic...

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Online cash register manufacturers are ready to produce

The Minister of National Economy consulted nearly 30 cash register manufacturer on Friday evening. At the meeting, the experts of NAV, as well as the experts of the Hungarian Trade...

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The sown area of soy increased to its five-fold in Veszprém county in the last five years

The sown area of soy increased to its five-fold in Veszprém county in the last five years, autumn forage crops are promising – the Veszprém County Government Office told MTI....

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Retail sales increased in the world's largest economy

U.S., retail sales rose in April, instead of the expected loss, forecasted by experts. According to the Monday communication of the U.S. Ministry of Commerce, retail sales increased by 0.1...

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It's never wise to buy food if hungry

Temptation is lurking around every corner for dieters and many find that shopping for food is fraught with problems. Now researchers have spelt out how disastrous it can be to...

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Onion-cheese chocolate is a success

Flavors we in the U.S. might consider strange are becoming ever more popular abroad, which perhaps explains the success of a new cheese and onion chocolate bar sold by Irish...

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Médiapiac 2013: cooperation, new markets and FMCG focus

There were more than 400 participants at the Médiapiac (Media Market) 2013 conference and its accompanying event (held for the second time), Research Conference. This the time organiser Mediapiac.com created...

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