Events

KSH: decreasing agricultural producer prices, declining industrial production

Agricultural producer prices fell in October. The low prices of farmers, inter alia, are due to the EU fundings. The industry is still in bad shape, but at least it...

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GKI: the threat of global collapse averted, but we are not throught the crisis

In the majority of the world economy, the recession technically ended in the third quarter, in Hungary it is only expected in the last quarter. The recovery can be earlier-than-expected,...

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Meat producers are in trouble

Despite the year end family feasts meat consumption decreases by one-tenth this year, and meat prices did not increased due to the VAT increase in the middle of the year....

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We draw the wine bottle during Christmas

Hungarians drink one fifth more during Christmas. Before Christmas the Hungarian wine and champagne market booms. An average 20 percent of more wine sold by the shops, compared to an...

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Personal loan and transaction fee: restrictions raise up on law level

The National Assembly voted against the government's proposal on Monday, so one person can get loan once a year, with 65 percent higher annual percentage, up to 250 thousand HUF....

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German investors are pessimistic since October

The investors' mood in Europe's largest economy Germany, is declining for the third month. The Mannheim based ZEW market researcher’s economic sentiment indicator became 50.4 points in December after the...

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Action against the expansion of the Chinese businesses

In the future, local governments would have the right to intervene into what kind of businesses can carry on local trade in their settlement – including the law changing proposal...

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Purchase fever: Stormy weather may discourage many consumers

It is expected to be a weaker Christmas season for retailers, than a year ago. In principle, the peak of the Christmas rush is expected for the weekend, but it...

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Hungarian meat products in the Far East

The greatest demand for Hungarian products in the Far East markets are for pork, in particular mangalica meat, poultry, goose liver, salami and the Aszú wines of Tokaj. On the...

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A joint for agri-supports

Twenty-two EU countries will be join, in order not to reduce the agricultural subsidies in the future. Great Britain, the Netherlands, Denmark, Sweden and Malta did not participated in the...

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Euro zone’s industrial production and the number of employed reduced

Euro zone’s industrial production showed a 0.6 percent decrease in October, compared to the previous month, while in 27 EU countries a 0.7 percent decrease was measured. On an annual...

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Women purchase alone and strong-minded

According to GfK Hungária; In Hungary, shopping continues to be addressed to women. Half of the value of the purchasings of daily consumer goods are these kinds of purchases. Only...

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Almost six billion HUF spent on champagne during the holidays

According to Nielsen market research company; Around half of the annual retail turnover of champagne occures around the Christmas and the New Year period. Around Christmas and New Year, the...

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Inflation was less than the average

In November 2009, the monthly average consumer price increase was 0.3 percent, compared to last November, when it was 5.2 percent. In the first eleven months of 2009, prices were...

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A positive surprise in the U.S. retail datas

Although the wreck premium program ended in November, U.S. retail increased by 1.7 percent – shows in the trade ministry’s report. The analysts forecasted only an average 0.6 percent growth....

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U.S. representatives and senators against too loud adverts

Sheldon Whitehouse presented a law proposal to the Senate, which would obligate the Federal Communications Commission (FCC), to regulate the volume of adverts. According to the law proposal, called (CALM)...

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The OKSZ support card usage limit fees

The National Trade Association (OKSZ) agrees with the limiting of the extent of the so-called inter-bank fee (interchange-fee). The National Trade Association (OKSZ) emphasizes in its communication on Thursday: the...

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Mall development is in crisis

This year, a relatively large number of shopping malls had been built, however, experts expecting a marked decline in the future. Most of the malls are obsolete, but do not...

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The domestic mineral water market is getting clearer

The crisis cleared the market, consolidation has begun – foresaw Balogh, Levente its owner of Szentkirályi Mineral Water Ltd. The business has already shown signs of concentration, because the mineral...

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This year, the prices also fell in December

On the basis of the price panorama of Privátbankár.hu; this year's December came with a significant price reduction, just like in 2008. The 2009 bill was roughly equal to the...

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Sopron rosés won five medals

The National Rosé Wine Competition was held for the 11th time in Kunszentmiklós. Töltl Winery’s and Vincellér MPS Ltd.’s Soproni Kékfrankos Rozé new wines won gold medals. A total of...

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Salon sugar test: only 5 out of 19 made of chocolate

Kosár magazine tested 19 products in its Christmas salon sugar test, in four categories. Beside the four high-quality Christmas candy, a few medium-quality and two almost convenient product have been...

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FEOSZ: consumers are getting more and more vulnerable

According to the National Federation of Consumer Protecting Associations (FEOSZ), at the creating of the legislations civil consumer protection proposals were not really taken into account. The consumer's vulnerability against...

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The morning coffee, is more important for the majority of women than makeup

According to a recent online research; we adher coffee the most among indulgents. The Nescafe Dolce Gusto surveyed the users of the TeszVesz online auction portal, about their indulgent habits....

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Former GDR brands competes successfully

Piroska, champagne, Spee-detergent, Florena-cream, Raderberg beer – all these brands are food brands dating back to the GDR, which are still available on the shelves of dealerships. Twenty years after...

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GDP: 7.1 percent decline, with surprising composition

Hungarian GDP developed surprisingly. The stocks have risen for example, as well as the production of the financial and real estate sector. Experts predict smaller degree of economic decline from...

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Global food prices are on a 14-month peak

According to FAO, United Nations’ Food and Agriculture Organization; the global food prices – after a temporary decrease – once again began to increase, and reached a 14-month peak in...

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Superbrands Hungary and the BKIK cooperates

Wiszkidenszky András, the director of Superbrands Hungary and Szatmáry Kristóf, President of the Budapest Chamber of Commerce and Industry (BKIK), agreed that the Chamber will give technical support in the...

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From summer 2010, only one quick loan is available within half a year

As Christmas approaches, the trade loans are popular again. The Financial Supervisory Authority (PSZÁF) alerts borrowers for prudence and foresight. Several financial institutions traditionally became the service provider of the...

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National treasures in the pálinka glass case

In the course of 2nd St. Nicholas Day Pálinka ceremony, the pálinka glass case was unveiled near the main entrance, of the Hungarian Agricultural Museum, in Budapest. Those best pálinkás...

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