Market News
Meatless fast food restaurants are catching in
Date: 2013-07-10 09:33:28
McDonald's, known worldwide as the “standard-bearer of the hamburger,” will be opening its first two vegetarian restaurants in India in 2013, BBC reports. The fast food giant will be setting...
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Price is one of the most important matter for 54 percent of the Hungarian customers
Date: 2013-07-09 12:40:27
When Hungarians are purchasing, 54 percent of them considers the price as the most important aspect. This rate is slightly lower than the European average of 65 percent. 46 percent...
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OKSZ: small grocery stores in the shadow of bankruptcy
Date: 2013-07-09 12:30:28
Several thousands of grocery stores can bankrupt in small communities after the opening of the tobacco shops. On the declining food market, the smallest loss of sales could be fatal...
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The honeydew melon was harvested before the watermelon
Date: 2013-07-09 12:11:11
The domestic green flesh honeydew melon is available at the markets. As in previous years it has a higher producer price than the yellow honeydew melon – the Agricultural Economics...
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The NAV is counting the traffic
Date: 2013-07-09 12:10:43
The National Tax and Customs Administration (NAV) carried out traffic counting at taxpayers in Baranya county. It appeared that they concealed an average of 60 percent of their income –...
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Analysts: trade surplus in May became smaller than expected
Date: 2013-07-09 11:55:21
The trade surplus in May became smaller than the expectations of the analysts, but experts believe that the decline in the balance will be temporary. According to the datas of...
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A scone-record will be attempted in Zánka
Date: 2013-07-09 10:58:01
A Scone-record will be attempted in Zánka: they plan to fry the world's biggest scone. Its diameter will exceed 210 centimeters. The current Guinness record for a scone is 12.7...
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More robust performance from hypermarkets
Date: 2013-07-09 10:41:32
Last year the annual grill sausage market was around HUF 1.2 billion. The season lasts from May until August each year (85 percent of sales were realised in this period...
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E-toll – the freighters are requesting the temporary shutdown of the system
Date: 2013-07-08 12:28:31
The carriers are requesting the temporary shutdown of the E-toll system, because, according to their experiences it is billing incorrectly, thereby making losses to the entrepreneurs – Peredi Péter, Secretary...
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Varga Mihály: this year’s task is to help the exports of the SMEs
Date: 2013-07-08 12:20:04
Varga Mihály, Minister of National Economy called the support of the export activities of the SMEs as the priority task of the year – in his opening speech at the...
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AKI and NAK are helping each other
Date: 2013-07-08 12:00:49
The Agricultural Economics Research Institute (AKI) and the National Agricultural Chamber (NAK) would institutionalize their cooperation. They decided to set up a working group, that will work out the framework...
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More and more people joins to the Bread of the Nation initative
Date: 2013-07-08 11:12:08
The public awareness and the success of the Bread of the Nation charitable initative increases in Felvidék. It is expected that this year more people will take part than last...
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China builds a one hundred million yuan worth food inspection system
Date: 2013-07-08 11:05:11
China builds a system that will enable the better monitoring of food from 100 million yuans in the country's 24 regions – the Chinese securities market magazine informs. The government...
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Webstores keep increasing their turnover last year
Date: 2013-07-08 10:10:20
73 percent of the Hungarian webstores recorded a sales increase in 2012. Every third of them were able to increase their revenues by more than 50 percent, and only 9...
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Mobile Wallet testing has started
Date: 2013-07-08 09:30:35
In the not-so-distant future we will not need a thick wallet: Thanks to smartphones and the NFC non-contact technology, we can manage our everyday finances with our mobile phones as...
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A sharp increase in the K&H SME confidence index
Date: 2013-07-05 12:10:23
Compared to the previous quarter, the K&H SME confidence index increased by 15 points, now standing on -11 points. The K&H SME confidence index is indicating the business expectations of...
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VM: watermelon promotion again this year
Date: 2013-07-05 12:02:22
As the result of the process began three years ago the watermelon promotion continues this year – Budai Gyula, Minister of State for Parliamentary Affairs of Ministry of Rural Development...
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Varga: the fiscal situation would not require the introduction of the advertising tax
Date: 2013-07-05 12:00:17
Varga Mihály said that they support to involve such sectors into taxation that have not participated enough in it, but the government has considered that whether is there a need...
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Harvest has started
Date: 2013-07-05 11:59:56
The harvest of barley has been completed by the farmers in most areas of the country. Wheat harvest starts in a few days. The yield can be considered as a...
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China is investigating imported milk powder manufacturers due to suspected price fixing
Date: 2013-07-05 11:32:04
China has launched investigations against imported milk powder manufacturersín China, due to suspected price fixing – the state media reported. The affected companies are the Swiss Nestle, the French Danon...
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Farmers' market opened in the Palace Quarter of Józsefváros
Date: 2013-07-05 11:05:09
A Farmers’ Market opened on Saturday in Józsefváros. The vendors await the costumers with all their products every Saturday until Christmas at the intersection of Rákóczi and Gyulai Pál street....
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Czech retail sales rose in May
Date: 2013-07-05 11:00:17
Retail sales increased in the Czech Republic in May. While in April, increase was 1.5 percent in May it was 1.2 percent, compared to the previous year – the Czech...
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Kopint-Tárki: GDP will increase by 0.3 percent this year and by 1.5 percent next year
Date: 2013-07-04 13:00:19
The gross domestic product (GDP) in Hungary can increase by 0.3 percent this year and by 1.5 percent next year, while the decline in investment is expected to be halt...
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E-toll: the Ministry of Rural Development lost out in the case of the exemption
Date: 2013-07-04 12:40:28
Contrary to the government's promises, livestock shipments have not been exempted from the payment of E-toll as well as a variety of agricultural crops. Due to the e-toll, meat or...
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EU retail sales increased in May
Date: 2013-07-04 12:20:29
Retail sales increased by 1.0 percent in the euro zone and by 1,2 percent in the entire European Union in May, compared with the previous month – the Eurostat announced...
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Tobacco products cannot be sold temporarily at festivals
Date: 2013-07-04 12:10:14
The tobacco shops cannot sell tobacco products temporary during the summer festivals – Gyulay Zsolt, head of the National Tobacco Trade Office (NDN) Ltd. told at the morning show of...
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The testing of the mobile wallet application has started
Date: 2013-07-04 11:59:16
The testing of the mobile wallet application, that is based on contactless technology (NFC) has started in Hungary – was announced by the participating operators in Budapest on Thursday. With...
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Analysts: a positive turn in retailing
Date: 2013-07-03 13:00:27
According to analysts surveyed by MTI, a positive change seems to occur in retail in the second quarter. The analysts are expecting expanding sales for the rest of the year....
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KSH: retail sales volume grew in May by 2.5 percent
Date: 2013-07-03 12:50:49
The calendar-adjusted volume of retail sales increased by 2.5 percent in May this year, compared to the same period of last year – the Central Statistical Office (KSH) announced on...
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Nearly half of the extra taxes are paid by the consumers
Date: 2013-07-03 12:48:51
The LeitnerLeitner has published its comprehensive study on the special taxes that are in force in Hungary. The authors found that the level of extra taxes amounted to the level...
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