Market News
The Chief Veterinary Officer withdrew the dioxin regulation
Date: 2011-02-10 12:31:19
The Chief Veterinary Officer withdrew the dioxin regulation on the grounds, that the German authorities are able to eliminate and prevent the marketing of the contaminated products, because on the...
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Supermarket chains in the fuel market
Date: 2011-02-10 12:28:28
The petrol stations with names of the supermarket chains are interesting participants of the European and Hungarian fuel market. Some believe that, it would be a solution against the ever...
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March will bring higher prices
Date: 2011-02-10 12:26:27
The price of grain, flour, sugar, fuel andbread will become more expensive in the next weeks. Varga László, president of the Hungarian Baker’s Association did not say exact number for...
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The future belongs to the contactless cards
Date: 2011-02-10 12:15:54
The bank card market is getting more lively: Visa and MasterCard both see the future in contactless cards. According to the annual report of Visa Europe; the volume of the...
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Coface: level of circular indebtedness seem to have increased
Date: 2011-02-10 10:58:32
According to a new statement by Coface Hungary, the level of circular indebtedness seem to have increased last year although the financial crisis has made companies less daring. Payment deadlines...
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The organic meat is not free from environmental risks
Date: 2011-02-09 13:21:38
Hungarian organic food distributors expected prestige and revenue growth, from the dioxin scandal of Germany, despite a large German company’s checks warned the domestic players of the industry that it...
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Significant assets in the foreign trade balance
Date: 2011-02-09 12:29:22
According to the the first estimate; in last December the value of exports was 1634 billion HUF (5,890 million euros), while the value of exports was 1,508 billion HUF (5,434...
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Strike and riots threaten one of the world's most important trade route
Date: 2011-02-09 12:18:34
6000 Suez Canal operator started to stike today, demanding higher wages. The channel management stresses that the ship traffic is smooth, while the price of Brent oil rose above 100...
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German export close to record
Date: 2011-02-09 12:04:23
German exports rose by 18.5 percent last year, compared to the 2009 crisis year, the trade balance surplus exceeded 150 billion euros. According to the statistical datas released on Wednesday;...
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New EU rules ahead on plastic food packaging
Date: 2011-02-09 11:58:14
New EU rules for food contact in plastic packaging are on the horizon. A proposed regulation known as the Plastic Implementation Measure (PIM) has been approved by the EU’s Council...
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Ahold and Tesco battle in Czech Republic
Date: 2011-02-09 10:47:25
Two of Europe’s biggest retailers, Ahold and Tesco, are battling to be the market leader in the Czech Republic. Each retailer currently holds about 20% of the market, according to...
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Does holiday season spending generate profits?
Date: 2011-02-08 23:25:50
After a 6-percent growth in November, in the US Wall Street analysts expect a 3.4-percent average growth from leading retail chains for December. What investors would like to know is...
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The bankruptcy wave is still here
Date: 2011-02-08 23:20:02
In real economy the crisis is far from being over and a large number of companies are still expected to grow bankrupt. With 20,000-30,000 bankruptcies a year, Hungary is still...
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Fruit prices increased the most
Date: 2011-02-08 23:15:25
Agricultural product prices significantly elevated in the past year. The production price level of agricultural products was 31 percent higher in November 2010 than a year earlier: vegetable product prices...
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blind leading the blind
Date: 2011-02-08 23:10:30
Consumers want to find new sources of information instead of those with expertise. Companies lose control over consumers and over the information flow. People turned their back on experts and...
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sustainable quality of life
Date: 2011-02-08 23:09:00
After the recession consumers still want to sustain their standard of living. They reject obscure and vague promises, advantages and brands. Consumers set reachable purposes and look for more down-to-earth...
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Packaging units shrank on the frozen product market
Date: 2011-02-08 19:47:08
Due to last year’s unfavourable weather there is a product shortage on the market of frozen fruits and vegetables all over the world. Prices elevated on the domestic market too,...
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socio/control
Date: 2011-02-08 18:52:19
Society’s social control – that is how we can sum up this trend in short. Consumers are forming communities to force companies to become transparent and socially responsible. They use...
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skeletonising
Date: 2011-02-08 18:51:34
We have just started recovering from the recession and a new kind of asceticism controls our attitude. Producers have to return to the basic competences and get rid of unnecessary...
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Out of rock bottom
Date: 2011-02-08 18:49:06
Retail volume sales were down 2.7 percent in the first ten months of 2010. According to the latest data by KSH, the volume of sales in October was at the...
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Alcoholic beverage and tobacco product prices increased above the average
Date: 2011-02-08 18:48:04
In 2010 consumer prices were up by 4.9 percent on average, compared with 2009. Prices of ‘other products’ were up the most, by 8.8 percent, alcoholic beverages and tobacco products...
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Romania is on top of the EU’s inflation ranking
Date: 2011-02-08 18:47:08
In November 2010 in the EU-27 consumer prices were 2.3 percent higher on average, compared to prices in November 2009. The biggest price increase was measured in Romania (7.7 percent)...
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Sharp increase in the turnover of Polish shops
Date: 2011-02-08 18:46:08
According to a quick estimate by Eurostat, the volume of retail sales grew in October 2010: by 1.8 percent both in the EU-27 and in the eurozone, compared to the...
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Export drove industrial prices up
Date: 2011-02-08 18:45:12
Domestic industrial sales prices were 1.2 percent higher in November 2010 than in the previous month. If compared with November 2009, they were 10.8 percent higher. Industrial export sales prices...
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