Market News

240 million hours surfing per month

According to the joint gIA reasearch of Gemius és az Ipsos; Between 2006 and 2010, the average time spent on the Internet, increased almost to eight-fold. A significant increase occured...

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Food may become cheaper

If the plans of several agri-groups may become real, an up 10 percent priice decrease can occur. The reduction of VAT protects the domestic products and may result the boom...

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Geothermal energy can make us a vegetable great power

Hungary, based on geothermal energy can be a vegetable great power in a short time – states the leader of the Institute of Horticultural Technology of the Szent István University...

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The middle class of the emerging economies will be the engine of consumption

According to the study of McKinsey; In the next decade, the consumption of the middle class in the emerging economies may triple, which would exceeded the total value of the...

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The good German datas are good for Hungarians

Better-than-expected German economy datas were published on Monday. Since Hungary's most important trading partner is Germany, these datas can improve the prospects of the Hungarian economy as well. According to...

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Dissatisfaction often causes poor performance among the leading workers

According to the study of Salesjob; Experts mainly highlights the positive effects, such as the growth of efficiency, in relation to job satisfaction, but during the examination, the potential damages...

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GKI: Exports have the main role

According to the forecast of GKI Economic Research Co. in cooperation with Erste Bank; the ratio of the mainly export driven economic growth rate will be around 1 percent. Hungary's...

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The President of the Chamber of Commerce and Industry urges mandatory membership

The mandatory chamber membership would be a good solution to strengthen the organization of the economy and to reduce bureaucracy – said Parragh László, President of the Hungarian Chamber of...

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The trade balance shows a 2.8 billion euros assets, in a half year

The trade balance in January-June of 2010, showed a 2.812 billion euros (764 billion HUF) asset. The balance improved by 1.083 billion euros (252 billion HUF) has improved compared to...

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German Industry had a great quarter, despite bad June data

In June, instead of the expected growth, the industrial production declined slightly in Germany. However, in the whole second quarter, industry has increased in a record extent. According to the...

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Four Paws action against Chinese duck meat

The Cheap Chinese duck meat is a threat to Hungarian farmers – states the Four Paws Foundation. The European Union has recently decided to allow imports of Chinese duck into...

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The store sales of household and cosmetics product are stable

The retail sales of household and cosmetics product are stable in terms of value, in the first half of the year. In terms of volume, only a 1 percent decrease...

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The gross average salary doubled in ten years

According to the research of the Central Statistical Office; fewer people are employed in the private sector than at the beginning of the decade, but their average wages, however, exceeds...

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Wheat prices on its nearly two years peak: Russia suspends exports

The spokesman of the Russian prime minister announced that Russia suspends its grain exports, due to the fires raging in the country. After the drought has not seen for fifty...

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Hungary is the world's ninth largest consumer of mineral water

Domestic drinking water is in good condition, although in some places, there is an arsenic problem. The domestic mineral water choice is rich. In consumption Hungary preceded the United States....

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Poultry Product Board: All the analyzed eggs had the same quality

Recently, a number of articles were published in the press and on the web over the quality of eggs, on emotional grounds, referring to aspects of animal welfare status. Now,...

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European retail stagnates

The volume of retail trade in the euro area remained the same. In the EU-27 increased by 0.1 percent in June, compared to the previous month. Compared to the same...

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Americans save rather than spending

The American consumer spendings and incomes have stagnated unexpectedly in June, while the personal savings reached a high-value, has not seen in a year. According to several opinions, the datas...

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On halfway for Green Energy

In the 27 Member States of the European Union, renewable energy share increased by 0.6 percent in 2008, from the total energy-usage. The EU is only on halfway of the...

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Consumer Confidence Index improved in Hungary again

According to the research of the Nielsen market research company; Consumer Confidence Index has improved in Hungary again this year, in the second quarter. In Hungary, the Consumer Confidence Index...

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The VAT changes may put an end to food black markets

If the government carries out the plans of the Ministry of Agiculture, it may significantly reduce the black market of food sales. Several tax cut or transferring solutions can be...

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Hungarian food is cheap compared to the EU

Compared with the EU food prices of last year; the Hungarian food is reasonably cheap in the community. From the 27 Member States of the Union food prices are only...

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We have to wait for the economic turn

According to the statistics of Opten; many companies still go bankrupt because of the creditors or because of the decisions of the company owners. Unprecedented number of companies went bankrupt,...

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The Ministry of Rural Development seeks for VAT reduction

The Ministry of Rural Development considering a reduction of VAT in the food and agricultural products. The screening continues in the ministry, so noone still know, how much disposable money...

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Half million less hectoliters of wine is expected this year

Instead of the annual average of 3.5 million hectoliters 3 million hectoliters of new wine this year is expected to be made, and the harvest also starts two weeks later,...

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Three billion USD New Silk Road

Almost three thousand billion dollars – the value of high-speed, commercial road networks that are mentioned as the New Silk Road by investment experts. The experts of HSBC and RBS...

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The decisions of CSRs are less influenced by the social aspects

According to Habitat for Humanity; While the majority of the Hungarian companies regard the Environmental Responsibility issues as their own interests, the companies have different views on Social Responsibility. The...

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The German economy is pulling up euro area’s manufacturing industry

According to the datas of the London-based Markit market research company; The growth of the manufacturing industry continued to accelerate in July. The manufacturing purchasing managers index (PMI) increased to...

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Official controls at retailers

The National Consumer Protection Authority (NFH) plans comprehensive contols, in order to detect the unfair trade practices of the chains – announced Pintér István, Director-General on Friday in Eger. "Before...

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There are no dangerous Hungarian mineral waters on the market

According to the Mineral Water Association; each marketed mineral water is safe in Hungary, do not contain harmful substances and can be consumed, without any restrictions or risks. "The natural...

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