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Alexandra Chain On Brink Of Collapse
The operator of the bookstore chain Alexandra informed several book publishers in a letter dated January 12 that it faces financial difficulties, business weekly HVG reports. more »
Duck & Goose Products Vanish From Hungarian Shelves
There is a severe shortage of duck and goose products in stores due to the bird flu epidemic, as farmers have been forced to cull stocks, Magyar Idõk reports. more »
Price Pressure On Eggs Due To Bird Flu
Bird flu has taken a toll on egg producers both in terms of various restrictions imposed by the authorities and the culls of chickens, and this is putting pressure on prices in the market, the daily Magyar Idők said on Tuesday, citing the head of an egg producer association. more »

Hungary Retail Sales Up 4.7 pc In Nov 2016


Hungary Retail Sales Up 4.7 pc In Nov 2016
Retail sales in Hungary increased by 4.7 percent in November 2016 from the same month a year earlier, up from the final 2.6 percent figure in October, preliminary data released by the Central Statistical Office (KSH) on Friday show. Retail sales also rose by an annual 4.7 percent when adjusted for calendar-year effects. more »

Govt Mulls Lowering VAT On Sour Cream, Cottage Cheese, Pork Organs


Govt Mulls Lowering VAT On Sour Cream, Cottage Cheese, Pork Organs
The government is working to lower the value-added tax on sour cream, cottage cheese and pork organs next year, the farm ministry told daily Magyar Idők. The VAT on poultry, eggs and milk was reduced on January 1. more »

New Car Sales In Hungary Climb One-Quarter In 2016


New Car Sales In Hungary Climb One-Quarter In 2016
New car sales in Hungary climbed 25% to 96,500 last year, Datahouse said. Sales of light commercial vehicles were up 21.8% at 21,333. Ford led the market with sales of 15,091 vehicles, giving it 12.8% market share. more »



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