Market News

More fertilizer was sold in the first three quarters of last year

Farmers in the first three quarters of last year, purchased 13 percent more nitrogen, phosphorus and potassium (NPK) fertilizers than in the same period of 2010 – informs the most...

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Euro area purchasing managers index exceeded the expectations

The purchasing manager  index increased to 48.8 points in December, after the 47.5 points of November, exceeding the analysts' expectations of 48.3 points – told the Markit research institute to...

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Magazine: More people bought wieners in supermarkets and discount stores this year

Despite the stable base of buyers, in the first seven months of 2011 wiener volume sales dropped 4 percent, due to fewer buying occasions – reveals GfK Hungária’s Consumer Scan....

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Hungary is safer now

The new disaster management system which was introduced on January 1 will make Hungary a safer country, Prime Minister Viktor Orban said on Monday, addressing a ceremonial staff meeting of...

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Consumer loans: the number of new loans sharply reduces

Only the weakening of the forint keeps the consumer loan portfolio of the households on level. The amount of new loans decreased by more than one-fifth in the year lasting...

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Fischer Béla: a new sugar factory is illusion but the capabilities of Kaposvár can be improved

It is an illusion that Hungary could have avoided the drastic rise in sugar prices in the spring if the twelve existing sugar factories at the time of the system...

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(HU) Idén enyhülhet a globális élelmiszerárak drágulása

Global food price inflation may relieve this year, due to the general slowdown in the global economy – told FAO the UN’s Food and Agriculture Organization. José Graziano da Silva,...

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Chains try to control food prices

Several chains saw the opportunity in the VAT rate increase and will not indorse the difference in prices resulting from the VAT rate increase – writes Népszabadság. According to article...

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AKI: The price of meat and meat products is expected to increase

Continuous price increase of meat and meat products is expected in the forthcoming months, despite the fact that the pig price increase could stop soon, because the recent period’s price...

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Croatia raises but also lowers the VAT

The government plans to increase the normal rate of VAT in Croatia from 23 to 25 percent. The tax on tourist services, will be decreased to 10 percent. At socially...

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The KÉSZ Group is building food factories in Ukraine

The KÉSZ Group starts the construction of three different food factories in Ukraine these days. The value of the investments exceeds 28 million euros – told Pintyőke Marcell, the marketing...

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Household savings on nadir

According to the survey of Raiffeisen Bank and GfK; only 16.4 percent of the population has savings. According to the joint survey of Raiffeisen Bank and GfK; only 16.4 percent...

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The campaign in the sugar factory in Kaposvár has ended

The campaign in the sugar factory of the Magyar Cukor (MC) Zrt. in Kaposvár has ended, in the country's only sugar factory123 thousand tons of sugar produced in 116 days....

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Perfume and toy adverts rule the TV spots

Ten percent more adverts occurred during the three weeks of advent, compared to the previous period of the year. Children could watch a daily15-20  television per day – shows the...

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Italy is considering the introduction of chips-tax

The Italian government, like other countries, wants to tax the foods containing too much sugar, salt and fat. According to the survey of the Sant'Anna College of Pisa; 10 percent...

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20 percent of the subscribers has smartphones

Already one in five Hungarian subscribers are using smartphones, the most consciously, the twenty-and thirty-year-olds, who are trying out the latest applications and technologies. The majority of users, uses some...

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The residents of the 1st district will receive food support on social cards

From the 1st of  January, the needy residents of the 1st district will receive food support on social instead of food vouchers. According to the local government; the regulation change...

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Applications for the FAO Scholarship Programme may be submitted until the end of February

The joint Scholarship Programme of the Hungarian Government and the United Nations' Food and Agriculture Organisation (FAO) is to continue. Within the framework of the cooperation, the Ministry of Rural...

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New disaster prevention system makes Hungary safer

The new disaster management system which was introduced on January 1 will make Hungary a safer country, Prime Minister Viktor Orban said on Monday, addressing a ceremonial staff meeting of...

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British Christmas, with two and a half billion pounds of unwanted gifts

Almost two and a half a billion pounds worth Christmas gifts were given to the British in 2011, that they do not need. According to a national survey, published by...

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Standardized date info on food products from Sunday

Food manufacturers from 1st January 2011 should indicate the date of durability in a day / month / year order on the products. Hungarian consumers have met with two type...

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A new bill about national values and hungaricums

A new bill is about to be discussed by the government, justified by the values ​​of national identity, organization and protection within the compass of a multi-complex system, rising vertically,...

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Giant discounts Hungary in the Hungarian stores even before the new year

An average, 20-30 percent, but sometimes up to 50-70 percent discounts are expected. Stores do not wait with the discounts until the new year, the actions have started in many...

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Emerging countries may overtake several major European economies

The United States remains the world's largest economy in the foreseeable future, but the largest emerging countries may overtake the European leading economic powers – predicted financial analyst in London...

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Chocolate may be a luxury item, due to the climate change

The price of chocolate rises, and even it may become a luxury item again, due to climate change – states the authors of a study. The authors analysed the future...

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Opten: the number of company liquidations over twenty thousand

The number of company liquidations crossed the twenty thousand border this year on the 23rd of December – Opten company information service told to MTI on Tuesday. According to the...

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The revision of consumer protection's main areas should be continued

Simon Gábor, the socialist president of the Consumer Protection Committee of the National Assembly considers the further revision of consumer protection's main areas. The politician told to MTI, that the...

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Avalanche of donations from the Food Bank

The Hungarian Food Bank Association supplied 25 percent more families living in extreme poverty and retired people in 2011, than during the previous years – told the association to MTI....

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German retail closed the Christmas season with increase

According to the preliminary datas of the Association of National Retailers; German retail sales increased by at least 1.5 percent in the Christmas season, compared to a year earlier. According...

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Abundant supply of fish for Christmas

This year's Christmas fish supply is abundant both in quality and quantity. One kilogram of  the carp depending on the sales places is around 550 to 900 forints – said...

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