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U.S. consumer spendings do not change
Date: 2010-05-31 00:00:20
The U.S. consumer spendings were stagnated in April, while personal income, thanks to the improvement in the labor market, increased. According to the communication of the Ministry of Commerce; personal...
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Brazil will decrease the beer tax during the soccer World Championship
Date: 2010-05-31 00:00:10
Local brewers warned that they will not be able to meet the increased demand during the tournament. The government therefore announced that the imported canned beer tax will be decreased...
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Hungary is among the firsts in incorporate fraud
Date: 2010-05-28 00:01:50
The most common of corporate fraud can be found in Hungary, in the Central and Eastern European region – was said at the press conference of Ernst & Young. According...
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Reputation Rating for the second time: A Hungarian company is in the lead
Date: 2010-05-28 00:01:30
B&P Braun & Partners Reputation made the reputational ranking of the largest companies in Hungary. The research showed that Richter has the best reputation in Hungary today. On the second...
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Stagnant unemployment
Date: 2010-05-28 00:01:00
The rise in unemployment stopped in the three-month period of February to April: The unemployment rate was 11.8 percent, the same as in January-March – reported the Central Statistical Office...
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Improvement in the U.S. advertising market, have not seen for four years
Date: 2010-05-28 00:00:10
According to the datas of Kantar Media; in the first quarter of 2010, U.S. firms spent 31.3 million USD on advertising, 5.1 percent more, than a year earlier. The greatest...
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The OECD expects the growth of Hungarian economy already this year
Date: 2010-05-27 00:01:50
This year, the Hungarian economy can increase, since the revival of external demand offsets the weakness in domestic demand – states the projection of the Organization for Economic Cooperation and...
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The Eastern European retailing is on the way of urbanization
Date: 2010-05-27 00:01:40
Shopping centers at all motorway exits – in the Eastern European capitals, retail trade is at the edge of the cities. This trend seems to turn in Budapest, Prague, Bratislava,...
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Retail’s fall may stop in the second half of the year
Date: 2010-05-27 00:01:30
Although on paper recession has ended, but the traders expect a further market decrease, in the first half of the year. The second six months, may bring stagnation. The participants...
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Sportswear beside canned food
Date: 2010-05-27 00:00:50
The largest sportswear brands open toward the supermarkets. Previously, the runway collections, or the B-class products were marketed in these places, now the latest sportswear trends will also appear among...
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Deteriorating consumer sentiment in Europe's largest economy
Date: 2010-05-27 00:00:30
According to the survey of GfK; The euro zone's financial crisis and the weakening euro start to impact on the consumer mood in Europe's largest economy, Germany. Thus, the consumer...
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4.6 percent turnover decline in retail sales
Date: 2010-05-26 00:01:48
The retail sales volume – adjusted from calendary day effect – decreased by 4.6 percent, in the first quarter of 2010 and in March by 4.0 percent, compared to the...
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Moroccan producer who exported contaminated pepper excluded from export
Date: 2010-05-26 00:00:53
According to Muláj Abbesz el-Kadiri Moroccan Ambassador, the exporter, who exported pepper contaminated with chemicals to Hungary will be excluded from export. The contaminated product was produced by a small...
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Industrial orders: 20 percent annual growth in the euro area
Date: 2010-05-26 00:00:40
The euro zone’s new industrial orders increased in an extent, have not seen for 10 years in March, which may be another indication that the second quarter, will occur well...
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Many shops can not give back from the twenty-thousand banknote
Date: 2010-05-26 00:00:20
According to the joint survey of the MasterCard and Bankkártya.hu joint in most of the shops in Budapest the change of the largest Hungarian bank not is still an impossible...
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Government program: focus on local food production
Date: 2010-05-25 00:01:45
According to the rural chapters of the government program; The new government would terminate the multi tax nature of the food retail shelf money and would reduce the sales of...
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GKI index is on its pre-crisis level
Date: 2010-05-25 00:01:38
In May, the value of GKI’s seasonally adjusted business climate index continued to rise. According to the survey, made by GKI Economic Research Co. (www.gki.hu), with the support of the...
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Decline in fruit and vegetables yield, due to rainfall
Date: 2010-05-25 00:01:25
Due to the rainfall and the floods the fruit and vegetables yield, will be 10-15 percent less, but price increases are not necessarily expected. The experts questioned by the InfoRádió...
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Western Europe eats ducks rather than geese
Date: 2010-05-25 00:01:10
The consumption of geese products decreased, partly due to the discrediting campaign of the Four Paws, partly because of the crisis in Western Europe. More and more customers are buying...
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The food industry should be treated as a strategic sector
Date: 2010-05-21 00:03:41
The food industry may ruin, if we fail to boost innovation – states the Hungarian National Food Technology Platform. According to their calculations; 45-50 billion HUF should be invested in...
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There is no ceasefire between the stores and the suppliers
Date: 2010-05-21 00:02:32
Next week, the suppliers will make a statement against those food retail chains, that are most violate the unfair trading practices law. The two major problems with the food retail...
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Széchenyi Card: 7.6 billion debt, from 750 billion
Date: 2010-05-21 00:01:20
The Hungarian companies has reached 750 billion HUF credit line through the Széchenyi card system. Currently 1600 companies are on the black list, but the bankruptcy rate is relatively low.The...
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Hungary's competitiveness has improved
Date: 2010-05-21 00:01:15
Hungary improved from last year’s 45th place to the 42nd in IMD’s 2010 competitiveness rankings – reports the Swiss IMD, the world's leading business school. According to the latest ranking;...
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The Ifo-index shows an improvement the global economic sentiment
Date: 2010-05-21 00:00:40
The global economic sentiment index of the German IFO Institute for Economic Research improved further. The index of the second quarter rose to 104.1 points, from the former 99.5 points...
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The European Parliament does not support meet glueing
Date: 2010-05-21 00:00:10
The European Parliament vetoed the European Commission's decision, which made it possible to use the thrombin enzyme as food additive. The thrombin was used to glue the meet parts that...
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Members of the food chain are more disciplined year by year
Date: 2010-05-20 08:00:00
In Hungary people’s trust in food products has never been shaken. Not even six years ago, during the paprika scandal. Nevertheless, the bird flue did some harm to chicken farmers....
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Inflation in Hungary is the highest
Date: 2010-05-20 08:00:00
In February 2010, in the EU-27 consumer prices were 1.4 percent higher on average, compared to prices in February 2009. The biggest increase was measured in Hungary (5.6 percent) and...
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This year’s mineral water season may bring elevated prices
Date: 2010-05-20 08:00:00
Last year mineral water sales were the only one to increase among high-volume non-alcoholic thirst quenchers: the category improved by nearly 5 percent, in a large part due to a...
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Consumer trust
Date: 2010-05-20 08:00:00
Food safety is important for every second Hungarian in deciding where to do their shopping, informs a Nielsen survey. Six out of ten Hungarians think the products they buy in...
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Industry in the EU shows signs of recovery
Date: 2010-05-20 08:00:00
Eurostat’s report indicates that in the last quarter of 2009 the economy of the eurozone was stagnating. However, the annual decline of 2.2 percent was bigger than expected. In January...
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