Events
Food prices curb inflation again
Date: 2009-12-03 08:00:00
In September 2009, consumer prices were 4.9 percent higher than in September 2008. KSH’s quick report reveals that food prices decreased by 0.6 percent in comparison with August, largely due...
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Europe’s Day in Commerce for the fifth time in Hungary
Date: 2009-12-03 08:00:00
The National Association of Entrepreneurs and Employers as the Hungarian member organisation of EuroCommerce organised the domestic Europe’s Day in Commerce on 3 November. László Herczog, the Minister of Social...
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Sales approach an annual HUF 27 billion
Date: 2009-12-03 08:00:00
Demand for wiener is steady: 27,000 tons were sold in September 2008-August 2009, just like a year earlier, according to the Nielsen Retail Index. Wiener sales grew above the meat...
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Producers paid less for meat
Date: 2009-12-03 08:00:00
The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and fruit/vegetable products. Their last report reveals that the production price of domestic pork fell by...
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Awards presented at Europe’s Day in Commerce, 2009
Date: 2009-12-03 08:00:00
Klauzál Gábor Prize: Posch Péter, WestEnd Ingatlanhasznosító és Üzemeltető Kft. ügyvezető igazgatója; Dr. Vígh Gábor, Mammut Zrt. vezérigazgatója; Ay János, MKIK koordinációs és marketing igazgatója; Boros Péter, COOP Győr Zrt....
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The crisis made wiener buyers more rationalistic
Date: 2009-12-03 08:00:00
Consumers accept pre-packaged wieners and do not think of deli counter wiener as better. The price advantage of the latter is also dwindling and it is important to be aware...
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GKI expects Euro’s exchange rate to be at 260 Forints next year
Date: 2009-12-03 08:00:00
According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, the Hungarian economy hit rock bottom in autumn 2009 and in the 4th quarter a modest growth is expected....
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Solutions for a more efficient retail
Date: 2009-12-03 08:00:00
The Laurel group held a conference at Balatonalmádi’s Ramada Hotel & Resort Lake Balaton on 15-16 October. In the lobby, the company’s own, exclusively represented and partner companies’ innovations awaited...
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They spent more on wieners
Date: 2009-12-03 08:00:00
According to GfK Hungária’s ConsumerScan, Hungarian households bought 3 percent less wiener in the first eight months of 2009, compared to the same period last year. The average price per...
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Retail in a bad patch
Date: 2009-12-03 08:00:00
Retail sales continued to fall in August, in terms of volume. Sales turnover of retail stores was down by 4.2 percent in the first eight months of 2009 and by...
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An age group waiting to be discovered
Date: 2009-12-03 08:00:00
At the last meeting of Trade Marketing Klub in 2009, the topic was consumption habits of the + 50 age group and their shopping potential. Zsuzsanna Hermann, Trade magazin’s editor...
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In terms of volume pálinka, in value bitters lead
Date: 2009-12-03 08:00:00
Spirit retail sales are stable in terms of value, surpassing HUF 73 billion in October 2008- September 2009, just like a year earlier. However, Nielsen registered a 5 percent decline...
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Shrinking real wages
Date: 2009-12-03 08:00:00
At enterprises employing a minimum of 5 people and at budgetary institutions, gross average wages were 1.3 percent higher and net average wages improved by 1.6 percent in the first...
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Increasing public demand for cheap products
Date: 2009-12-03 00:03:55
According to the datas of GfK Hungária Market Research Institute; in the third quarter of 2009, the households purchased recommended daily products 1.3 percent lower than a year earlier. However,...
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Domestic food retail sales increased in value, decreased in volume in the third quarter
Date: 2009-12-03 00:03:42
According to Nielsen market research company; with Hungary food retail sales volume decresed in nine European countries in the third quarter, compared to last year’s July -September. In Hungary, the...
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We are facing a money saving Christmas
Date: 2009-12-02 00:07:07
The Christmas season in the United States starts each year, the Friday after Thanksgiving day. The Equilor Investment Ltd. examined how the Christmas shopping season can evolutate in Hungary and...
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Eurozone’s unemployment rate reached its 11-year peak
Date: 2009-12-02 00:05:11
In the Euro-zone, the seasonally-adjusted unemployment rate is currently 9.8 percent, stagnaiting on its 11-year peak level in October, after the September rate was modified from 9.7 percent to 9.8...
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GVH would pay tracking fee
Date: 2009-12-02 00:03:08
According to a law proposal; In the future 1 percent of the imposed fine, but not more than 50 million HUF would be given to the person who provides evidence...
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Traditional Viennese Christmas Fair
Date: 2009-12-02 00:01:59
The traditional Christmas fair started in Vienna, with the lightening of the 27-meter tall pine in front of City Hall. The Austrian Chamber of Commerce (WKÖ) is looking forward optimistic...
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Year-end mall handover rush
Date: 2009-12-02 00:01:25
While less shopping centers are handed over this year, than in the last year, at the end of the year, malls are handed over; one after the another in Europe....
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One giant leap in the Chinese credit card debt
Date: 2009-12-02 00:00:35
According to the report of the Chinese central bank; The over six months credit card debts more than doubled in the first three quarters of the year in China, compared...
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Five winemakers are in competition for the Winemaker of the Year title
Date: 2009-12-01 00:05:28
The Winemaker of the Year will be chosen this week, and will be named on Friday for the 19th time. The award was founded by the Seven Wine Judge Order...
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The number of dangerous products are growing due to the crisis
Date: 2009-12-01 00:04:51
Although there is no accurate measurement and assessment of the impact of the crisis, in the market of counterfeit products, the turnover of the non authentic products shows an increasing...
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Environment protection product fee: a lump sum, instead of the more complex solution
Date: 2009-12-01 00:03:01
From January agri-producers can pay their environment protection product fee, product registration, record keeping, reporting and payment obligations with lesser administration, as a lump sum – thanks to the legislative...
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Stagnating industrial producer prices
Date: 2009-12-01 00:02:15
According to the Central Statistical Office; The industrial producer prices have not changed, compared to the previous month or to a year earlier period in October. The Hungarian industry's sales...
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The THM-ceiling may be the end of quick loans
Date: 2009-12-01 00:01:25
Many people agree that now it is time to tighten the conditions of the Hungarian retail lendings, including consumer credits. One elements may be the much-debated introduction of the THM-ceiling....
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After one and a half year, the prices have increased in the EU again
Date: 2009-12-01 00:00:59
Inflation returned into the euro area in November: According to Eurostat's first estimations, published on Monday, consumer prices were 0.6 percent higher than a year earlier. This is the first...
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The Americans throw out 40 percent of the food
Date: 2009-12-01 00:00:54
According to an American survey; the nation's population throw 50 percent more food into the trasher than in 1974. An average 1400 calory food per capita is thrown into the...
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Germany can put an end to the monitoring of the staff
Date: 2009-12-01 00:00:15
According to press reports in Germany at several chains of stores, the illegal monitoring of workers is a “daily routine”. Among others the workers are being monitored in the stores...
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GKI: The foreign market demand and the EU support can help in recovery
Date: 2009-11-30 00:06:28
According to the forecast of GKI Economic Research Co., in cooperation with Erste Bank; This year, in the Hungarian economy a 6.5 percent decline and future stagnation is expected. The...
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