Market News
GDP and consumption expansion in the United States
Date: 2009-12-28 00:00:55
The U.S. GDP increased by 2.2 percent, in the third quarter instead of the estimated 2.8 percent – reported the U.S. Department of Commerce. Consumption increased in October and November...
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The crisis affects the Christmas celebration of the Hungarian firms
Date: 2009-12-28 00:00:37
In many places, events were cancelled, some places there were no Christmas trees and companies saved on the bonuses of the staff and gifts of the partners. The Ipsos surveyed...
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Dismal Christmas season
Date: 2009-12-28 00:00:25
Especially in this year's Christmas season became dismal – said the shop owners to web portal Origo. The hopeful business plans of the merchants were destroyed by the unusual cold...
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China will be the world's second largest economy soon
Date: 2009-12-28 00:00:12
Last year's economic growth index was revised upward in China, which – according to analysts – helps the country to overtake Japan and to become the world's second largest economy,...
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Retail sales fell further in October
Date: 2009-12-22 00:03:55
According to Central Statistical Office; the retail sales volume were 7.5 percent below in the first ten months of 2009, compared to last comparable period. Compared to the previous month;...
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A growing number of internet bank cards users
Date: 2009-12-22 00:03:21
The number of online stores are growing in Hungary. MasterCard's latest research seeked for the answer to what proportion of customers using the Internet card or other payment instruments. The...
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Gömböc in Shanghai
Date: 2009-12-22 00:02:21
The Hungarian pavilion at the Shanghai World Expo must be ready until 15th March, trial will start on 1st of April. The star of the Hungarian stand will be a...
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Green supermarket chains already warns during purchase
Date: 2009-12-22 00:01:09
Öko-Pannon starts a campaign with the 5 leading supermarket chains; the Cora, the Kaiser's, the Metro, the Profi and Spar, to highlight the importance of the separate collection of non-returnable...
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Slovakian koruna will disappear next year
Date: 2009-12-22 00:00:08
From January next year, one should not be indicate the prices in koruna on the Slovakian retail market in, only need to be indicated in euro. The Slovak retailers claim...
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More stimulus is needed – said Nobel laureate economist
Date: 2009-12-22 00:00:02
Joseph Stiglitz laureate economist again expressed pessimism. In his opinion the U.S. economy may drop back in the second half of 2010. The government should work on a second stimulant...
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At the end of year 15 million bottles of champagne consumed
Date: 2009-12-21 00:02:07
In Hungary, around 30 million bottles of champagne is sold annually, roughly half of this consumed by the end of the year, during the Christmas and New Year shopping period....
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The December turnover is just like the 5-6 years earlier
Date: 2009-12-21 00:01:55
According to the National Trade Association’s (OKSZ) communication; December’s trade turnover fell to the 5-6 years earlier level. The volume of goods decreases since 2007. In December, the total trade...
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Sausages rush in November and December, 5 thousand tons sold last year
Date: 2009-12-21 00:01:07
Accdording to Nielsen market research company; Close to 5 billion HUF, approx. 5 thousand tons of sausages were sold in November and December last year. Thus, 19 percent of the...
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GKI’s short-term index is on its last October level
Date: 2009-12-21 00:00:59
The sharp increase of GKI’s short-term index continued in December, after a halt in November. The index is increasing since May, except November. The consumer confidence index -after a strong...
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Hungarian farmers can suffer the worst among EU farmers
Date: 2009-12-21 00:00:28
According to EU's statistical office, the Eurostat; in the 27 Member States of the European Union a 12.2 percent reduction had been occured in the per capita income in the...
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Cocoa and coffee deficit may come
Date: 2009-12-21 00:00:09
On Friday, the future quote of cocoa decreased by more than 5 percent in New York, losing its whole exchange-rate gains of December. The price of cocoa is still in...
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BRIC: the new global pole
Date: 2009-12-21 00:00:06
Eight years have passed since the Goldman Sachs (GS), first used the term BRIC. The BRIC is the joint of Brazil, Russia, India and China in order to play a...
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Mainly the fall in domestic demand caused the decline in GDP
Date: 2009-12-19 00:08:15
Calculated on constant prices the domestic household consumption expenditure in the first nine months declined by 8 percent, that strongly affected the drop in gross domestic product (7.1 percent) in...
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Panorama of the city market premises
Date: 2009-12-19 00:06:12
Budapest downtown’s business premises market was afraid of the highest proportions vacancy of the last 9 year, a half year ago. According to the survey of Ecorys Magyarország; the crisis...
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In December, 30 percent of the annual quantity of fish consumed
Date: 2009-12-19 00:05:12
Approximately 22-24 thousand tons will be this year's Hungarian fish production, which can be slightly higher, than last year’s– said Orosz Sándor executive chairman of the Hungarian Fish Producers Association...
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New urban mega-trends: digital bohemians and performance-oriented city dwellers
Date: 2009-12-19 00:03:25
The Hamburg-based TrendBüro Social Trend Research Institute examined the latest urban lifestyle mega-trends on behalf of Nespresso, known best for its premium coffes. The life of a unique arrangement, the...
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Hungarian companies remain strong during the crisis
Date: 2009-12-19 00:01:39
The Hungarian companies survived relatively positively the financial crisis – stated the Washington-based World Bank. "It seems that the Hungarian firms are the least affected by the financial crisis" –...
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Confident Germans, pessimistic French
Date: 2009-12-19 00:00:38
The business confidence index in Germany increased better than expected, while in France decreased, despite an increase was expected. The Munich based Ifo Economic Research institute’s business confidence index increased...
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Beside the Hungarians, the Croatians also purchase consciously
Date: 2009-12-18 00:05:11
According to the GfK Hungária Market Research Institute; In Hungary, the Christmas shopping season weakenes from year to year, households rather select the lower-priced own brands and products. According to...
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Váci street is fifteen times cheaper than New York
Date: 2009-12-18 00:04:11
According to the recent market analysis of CB Richard Ellis (CBRE) on the retail sector; The rents have fallen an average of one percent globally in the second quarter, compared...
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Hungarian managers are more optimistic
Date: 2009-12-18 00:02:12
The Hungarian business leaders are more optimistic in December, about the country’s and their own economic prospects, than in September. Thus, only 40 percent of them think that the next...
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Cocoa and sugar prices are increasing further
Date: 2009-12-18 00:00:30
The white sugar’s price was on its historical peak, cocoa price was on its 30 years of record level on Wednesday afternoon, which is mainly due to the weakening dollar....
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We are not getting closer to the EU average since 2006
Date: 2009-12-17 00:05:21
According to Eurostat; the per capita GDP in Hungary, was 64 percent of the EU average. Thus, since two years ago, the Hungarian convergence virtually stopped, because it was also...
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Christmas gifts – online
Date: 2009-12-17 00:03:44
In spite of the economic crisis, there is no indication, that the turnover of the domestic webstores would decrease – stressed Kis Gergely, the executive director of GKIeNET. He says...
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Real earnings fell by 2.1 percent in one year
Date: 2009-12-17 00:03:02
According to Central Statistical Office; At the companies with 5 empoyees and at financial institutions, the gross average earnings increased by 0.9 percent, net average earnings by 1.8 percent in...
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