Other

German service sector accelarates

According to the Monday datas of the Statistical Office; The revenues of German companies operating in the service industry, grew by 5.3 percent in the second quarter. The German service...

Read more

We can make 50 liters of ditillate, without paying excise tax

After the new rules over Pálinka distillery, entered into force we can make 400 liters of distillate at home. The distillate can also be sold, although this needs small-scale licenses...

Read more

The FAO expects price increases, but not crisis

The Food and Agriculture Organization (FAO) of the United Nations estimates, that the extension of Russian grain export ban will not cause another food crisis. Although this may cause price...

Read more

Hungarian meat exports to Vietnam and Laos

Hungary may be the third EU member state, which will sell its meat products in Vietnam and Laos – said Czerván György, Secretary responsible for agriculture, in the Rural Development...

Read more

Bread prices may increase within 1-2 weeks

From the middle of this month, bread may be more expensive, at several stores. The price negotiations are now underway between the bakery businesses, the retail stores and the supermarket...

Read more

Germans spent 3.9 billion euros on drugs without prescription, in the first half of the year

The turnover of nonprescription medicines and medicinal preparations decreased by 1.5 percent, to 3.9 billion euros, in the first half of the year in Germany, compared to last year’s January...

Read more

The Chinese and U.S. manufacturing datas blew away the concerns

U.S. investors stopped their anxiety, after the better-than-expected U.S. manufacturing datas came in. The Chinese and the Australian datas also increased the improving business sentinel. Although adverse employment datas arrived,...

Read more

European companies feel their position disadvantageous in China

European companies want equal treatment and similar access to the Chinese market, just as the Chinese companies – presents the EU Chamber of Commerce in China in its annual year...

Read more

Goose feather and the goose liver may become Hungarikums

The new legislation will declare goose feather and the goose liver as Hungarikums – turned out at the consultations between the Poultry Product Council (BTT) and the Ministry of Rural...

Read more

Food prices on two year peak

Global food prices increased in August for the third consecutive month. FAO’s global price index increased to its two year peak. The FAO food price index – which records the...

Read more

The world's second largest fast-food network to be sold

According to the informations of the Wall Street Journal; Burger King negotiates with a British private equity company, over the sale of the company. Several companies purchased Burger King from...

Read more

Increasing consumer spending in the United States

Spendings increased in the world's largest economy with the highest rate, (0.4 percent) since March. According to analysts; the strengthening, is due to the slight increase in real incomes, and...

Read more

Retail trade: We pay still less on daily consumer goods

According to GfK Hungária; The market of daily consumer goods continues to decline in Hungary. In the first half of 2010, the market of daily consumer goods decreased by 0.5...

Read more

Pos Media – Acquisition of Célcsoport Média in Hungary

After it’s recent successful expansion into Ukraine and Turkey, POS Media Europe, the leading European point of sales media agency, has acquired a majority stake in Célcsoport Média Ltd in...

Read more

The Russian government considers a price stop

In Russia, certain foods become more expensive to the extent that it allows the government to restrict their prices. However, there are several counter-arguments against the measure, therefore, the government...

Read more

Disappointing second quarter results in the European food retailing

According to Nielsen’s Growthreporter analysis; European food retailing decreased in ten countries, including Hungary. In Hungary 3 percent less food, household chemicals and cosmetics (FMCG) have been sold in retail,...

Read more

Improved economy, declining international confidence

According to the forecast of GKI Economic Research Co. in cooperation with Erste Bank; this year’s economic growth of Hungary will be around 1 percent. The Hungarian economy, after the...

Read more

Liquidations in Central Hungary

According to the datas of Opten; In the first half of the year 22 percent more liquidations were carried up in the Central Hungarian Region, than in the same period...

Read more

The area centers may be important fair locations

Matthias Limbeck, manager for Reed Exhibitions in Austria, expects real changes on the fair markets at smaller fairs in Central Europe. He believes ,the prosperous regions can improve their own...

Read more

Fed: a weaker-than-expected recovery

The economic recovery from the crisis is weaker than expected, but we are ready for further steps, if it is necessary – said Ben Bernake chairman of Fed. Shortly before...

Read more

The wine market is waiting for better times

– Sales and buying occasions of consumers moved drastically towards products supported with promotions. It is promotion campaigns that drive consumers to sales channels and products – Gábor Soltész, president-director...

Read more

Traditional shops increased their market share

According to the Nielsen Retail Index, 8 percent less salami and 4 percent less sausage was sold in value by retailers in January-April, in comparison with the same period in...

Read more

Wine has become cheaper in retail chains, while organised retail is consolidating

According to the Nielsen Retail Index, wine value sales grew by 14 percent and volume sales were up 8 percent in the eight retail chains measured by Nielsen, in the...

Read more

Long-established Hungarian meat brands stand firm

Although meat is one of the essential food products, the market was unable to evade the effects of economic recession. Zoltán Nagygyörgy, PICK Szeged Zrt.’s product manager told us that...

Read more

The Spritzer Bus has hit the road

The idea came from the Community Wine Marketing Fund: promoting spritzer made from good Hungarian wines with a 2-month, nearly 2,000-km tour around the country. Early July ‘spritzer master’ András...

Read more

The average volume of cured products bought per household keeps shrinking

According to ConsumerScan data from GfK Hungária, 87 percent of households bought sausage or salami last year, 3 percent more than a year earlier. However, in the past couple of...

Read more

A strong forint lifted meat prices

The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and meat products. Their last report reveals that the abattoir entry price of slaughter pig in...

Read more

Rice turnover concentrates and the 501-1,000-gram format is dominant

Retail sales of rice diminished by 2 percent in value and by 3 percent in volume in the April 2008-March 2009 period. According to the Nielsen Retail Index, the size...

Read more

Warm weather brought elevated prices

Analysts were somewhat surprised by the moderate increase in inflation in June. According to KSH’s quick report, consumer prices climbed by 0.2 percent from May and were 5.3 percent higher...

Read more

Growing diversity on the rice and flour market

Eating in restaurant less often could have entailed an increase in flour sales, but market players’ opinion is that demand remained stable. – The fact that flour sales did not...

Read more
Oldal