Tag Archives: consumerism
In 2012, the stagnation of the economy is expected, growth only starts in 2013 – writes the Hungarian National Bank (MNB). Domestic demand remains low, growth is dragged by exports. Parallel to the decline in the income of households, a moderate consumption is expected. Due to the uncertain economic outlooks,...
Made manually from the milk of grass-fed cows, top quality, organic and delivered to your home – these are the characteristic features of good ice cream in Williamsburg, New York. Americans eat so much ice cream that the aim is not to generate bigger sales, but to guarantee continuous supply...
Kopint-Tárki expects 0.3 percent economic growth in 2012, same as it was previously projected, but increased the inflation forecast to 5.5 percent, compared to the 4.6 percent forecast projected in December – announced Kopint-Tárki on Thursday in Budapest. When preparing this year’s budget the government calculated with a 0.5 percent...
The U.S. personal spendings grew by 0.8 percent in February, surpassing the expectations of a 0.6 percent increase. The January data was improved to 0.4 percent growth from 0.2 percent. However, the earnings were not able to rise in the expected extent. The 0.2 percent growth of earnings did not...
According to the preliminary datas, the foreign trade value, calculated in euros, slightly increased by 2 percent in January, compared to the previous year’s high levels – the Central Statistical Office told MTI. The value of export was 6.253 billion euros (1,933 billion HUF), while the value of import was...
The public household consumption is low and retail trade turnover is stagnant, due to the consumer credit debts analyzed the National Economy Ministry (NGM), the datas of the Central Statistical Office (CSO). This means that in September 2011 and in the first nine months of the year, the retail sales...
European consumers are not very courageous and experimental at the moment, due to the strange situations in economy. Besides Hungary, 12 more countries sold less food, cosmetical products in the third quarter than in the second one. The Hungaran recotd shows a minus of 2 percent. Consumers’ biggest concerns for...
Positive processes have already started in trade which finally increase domestic trade and the domestic demand in 2014 - was said at the European Day of Trade on Thursday morning. Hungarian retail sales were more than 8 thousand billion HUF, without vehicle trade Hungarians consumed 6 thousand billion HUF. is...
According to the forecast of GKI Economic Research Co. prospects for the next year are gloomy, and recession is looming, though less deep than two years ago. This is only in part a consequence of the worsening global economic environment. The austerity measures of Hungarian economic policy prevented an increase...
The drop in retail sales may slow down for the end of the year, because of the base effects, but consumption is still not growing substantially, and due to next year’s tax changes, revival cannot be expected in 2012 – said analysts polled by MTI. The Central Statistical Office (KSH)...
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Retail chain ranking 2010
Retail chain ranking 2009
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