Though the sun is shining outside, I see storm clouds coming when I look at the condition of the Hungarian food industry, especially the meat sector. The sector is under dual pressure from suppliers and customers. Farmers want their costs covered by our prices and retailers don’t want us to...
The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that the Hungarian economy gets out of the growth hole in the second half of the year – despite the deteriorating European economic environment. In Q2 2008 GDP decreased by 0.1% compared to the previous quarter...
According to GfK research company the most sold wine were the table wines, but year to year more quality wines are consumpted. 52% of Hungarian households bought some kind of wine, but in 2007 sale dropped in volume by 12% in value by 6% as a year before. The average...
The boom in shopping centre construction in the Czech Republic is coming to an end, according to the international consultancy firm DTZ. The shopping mall market in Prague and many regions is saturated and developers are now beginning to look towards other states to the east of the Czech Republic,...
The domestic market of body lotion grow in volume by 8% in value by 7% between June 2007 – 2008. Retail sale body lotion yearly in value of HUF 7 billion, from face cremes in value of HUF 9 billion, from hand creme in value of HUF 1.2 billion. The...
Yearly 25,000 tons of honey are produced in value of HUF 12 billion in the country. The domestic consumption is almost 5,000 tons. The suppliers price are between HUF 430-580. According to specialists the Hungarian honey is much in demand, the export will be trouble free against the strong HUF-EUR...
EU Agriculture Commissioner Mariann Fischer Boel wants to scrap 26 of 36 marketing standards, the 10 remaining items account for 75 percent of the EU’s cross-border trade in this area. "Such products could be either misshapen or under-sized and could for example be used by consumers for cooking or...
According to common research of Kopint-Tárki Konjunktúrakutató Intézet Zrt. and AgrárEurópa Tanácsadó Kft. in long periode we have to be ready for high food prices. The specialist said because of last year’s bad weather and produc and the growing demand of Asia and the biofuel spins the food prices....
The measure of confidence at Hungarian companies slipped to 85.4 percent in the second quarter of 2008 from 91 percent in the first quarter. Ecostat’s TOP-100 index for sentiment at Hungary’s biggest hundred companies fell to 84.6 percent in the second quarter from 90.2 percent in the first quarter. Its...
In June the seasonally adjusted Business Confidence Index of GKI remained essentially unchanged, but the expectations of consumers improved significantly and reached highs that haven’t been seen for two years. According to the survey of GKI Economic Research Co. supported by the European Union in the business sphere, the expectations...
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