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The GKI consumer confidence index is almost on its four-year peak

In April, the seasonally adjusted value of the GKI prosperity index continued to increase. The value of the GKI consumer confidence index increases strongly after the low point of April...

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Due to EU rules the price of eggs may increase double-fold

The price of eggs may be doubled, if the producers have to introduce the new animal-friendly breeding techniques. The development could cost up to 50 billion HUF to the industry,...

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Retail should respond to the demographic challenges

Just like in the major part of Western Europe, Central and Eastern European (CEE) countries also facing long-term demographic challenges, just like the stagnation or decreasing of the population and...

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Improved global economic forecast

The performance of the World Economy expected to be increased by 4 percent this year, but this is still mainly the result of the stimulative measures, so a slower growth...

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The Pálinka coctail will soon debut

Beside the debut of the Pálinka coctail, concerts and tastings will also color the programs of the Budapest Pálinka Festival, which will be held at the Budapest City Hall Park,...

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The possibilities of the Széchenyi Card would be broadened

The contractors claimed that the state-sponsored Széchenyi Card working capital credit facilities are maintained and new opportunities to connect to it – said Dávid Ferenc the Secretary-General of National Association...

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Hungary has the worst inflation rate in the EU

In March, a 1.4 percent inflation occured in the euro area on an annual basis. The monthly inflation rate was 0.9 percent in the whole EU. Annual inflation was 1.9...

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Real earnings increased by four percent on average, over a year

At the companies, with at least 5 people and at financial institutions, the reported gross average earnings in the first two months of 2010 increased by 3.7 percent, the net...

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Optimistic forecasts on this year's GDP

While the government and central bank forecast predicts a 0.2 percent decrease in GDP for this year, the economic research institute expects at least stagnation, or a 0.8 percent growth...

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Unexpected deterioration in U.S. consumer confidence

Contrary to the expected rise, the consumer confidence index of the University of Michigan shows decline: standing on a value of 69.5 points in April, compared to the previously predicted...

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It will not hurt to be careful with energy drinks!

How safe are the energy drinks? The National Chief Medical Office, the National Food and Nutrition Institute and the Hungarian Food Safety Office organised a conference on the 13th of...

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Brau Beviale 2010: People will always drink – but what?

Between 10 and 12 November approximately 1400 companies dealing with beverage raw materials, technology, logistics and marketing will represent in front of 34,000 potential customers in the Nuremberg Brau Beviale...

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12 percent more insolvency proceedings in the first quarter

This year's first quarter, the companies insolvency index increased by 12 percent, over the same period of last year – reports Coface Hungary credit insurer. 54.44 percent of the procedures...

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The GDP grew by 11.9 percent in China

China's gross domestic product (GDP) grew by 11.9 percent in this year's first quarter over the same period last year – announced the Chinese Statistical Office on Thursday. This year's...

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We consumed less beer last year

The beer industry sold 12 percent less beer in 2009, than a year earlier. The Hungarian market shows a 9 percent decline, domestic consumption has fallen steadily in recent years....

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Asian economies seem to be over the crisis

According to the datas of the Asian Development Bank (ADB) presented on Thursday; the average economic growth of the countries in the region this year could reach 7.5 percent and...

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Industrial production rose by 8.4 percent

The volume of industrial production in February 2010 increased by 8.4 percent, compared to the same period of the last year – announced the Central Statistical Office (KSH). Compared to...

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The Széchenyi-card program may expand

The Széchenyi-card program may expand with investment loan said Parragh László, the President of the Hungarian Chamber of Commerce and Industry, to Világgazdaság. The professional preparing has ended, we need...

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Great innovations in the lives of women

Thanks to Ariel, the Great innovations for Women open-air exhibition can be visited free of charge until the 21st of April, 24 hours a day on the stairs of ”Gödör”....

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Meat industry trade union to suspend demonstration

The meat industry trade union received substantive bid so suspended the demonstration, which was planned to the front of the centre factory of the Debrecen Meat Group Ltd. in Szolnok....

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Hungary will be the partner country in Serbia

Hungary will be the first partner country of the 77th International Agriculture and Food Fair of Novi Sad. The Hungarian organizers are preparing for a greater comprehensive portfolio.  Hungary will...

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If food is dangerous, it cannot be sold!

The Hungarian Trade Association’s press release calls the attention of the customers to the following: According to the inspections of the recent days, a number of food donot correspond to...

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Increasing winding-up procedings

The number of the winding-up procedures increased in the first quarter: 4211 procedures were launched against the companies, compared to the same period last year registered more than 3670 –...

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Hungarian wines won at the world's highest wine competition

Eight Hungarian wineries were awarded at the world's most prestigious wine competition the VINITALY of Verona. The International Wine Competition (Concors Enologico Internazionale) also known as the world's strictest wine...

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Wonder Cofee competition at the Wonderful Coffee exhibition

The Wonderful Coffee exhibition will debut on the 23rd of April with the introduction of substantial brands and with the participation of companies, which have more than half of the...

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Billions for the small and medium-sized enterprises

The Hungarian Development Bank Ltd. approved nearly 304 billion HUF new loans, until the 5th of April, in the scope of the business lending programs. The bank between the 29th...

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The level of agricultural prices increased

The level of agricultural prices increased in February 2010 by 0.2 percent, over the same period the previous year. Including herbal products, the price level rose by 2 percent, the...

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The multinational stores would not close on Sunday due to the customers

The opinion of the Hungarian chains are various about the limitation of the opening hours on Sundays. According to the opponents; the limitation is contrary to the interests of the...

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Russian economy renewal?

The Russian economy may expand by 8.3 percent annually, due to domestic demand and aluminum prices in the second quarter – said the Moscow-based Renaissance Capital. In its earlier forecast...

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Decreaseing unemployment rate in the Czech Republic

Unemployment decreased slightly in the Czech Republic in March: the rate declined by 0.2 percentage points to 9.7 percent. According to the datas of the Labour Ministry, 556 thousand people...

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