Market News

Drink champagne against forgetfulness!

The consumption of one or two glasses of champagne a week can offset memory loss associated with the aging process and can delay the degenerative brain diseases, including the development...

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Black market is a serious threat in Europe

The Union of Liquor Producers and Importers of the Czech Republic (UVDL) is urging rapid actions to restrict the alcoholic beverages black market. In its “Remember the methanol!” statement, the...

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The NAV will not punish for the delay if it is unintentional

According to the manufacturers the deadline to replace the cash registers seems to be sustainable – Pankucsi Zoltán, Deputy Secretary of the Ministry of National Economy (MNE) told in the...

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MVH: assessment of the beekeeping support is continuous

The Agricultural and Rural Development Authority (MVH) is continuously assessing the support claims that were submitted on the basis of the Hungarian National Apiary Program – MVH told MTI on...

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Ipsos: Money matters

Great consumer insights can inspire powerful product ideas, and ultimately winning concepts and successful innovations. And yet, as marketers increase their expertise at uncovering insights and truly understanding their consumers’...

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ECR, with responsible thinking

Transparency, trust, efficiency, a better yet cheaper service are the key topics of the 20 year-old ECR conference, which had been organized by EuroCommerce on 14th and 15th May 2013....

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Hungary's economy has grown compared to the previous quarter

Analysts interviewed by MTI considered the first quarter’s GDP data favorable than expected. The data was published by the Central Statistics Office (KSH) on Wednesday. Analysts forecast a positive sequel,...

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Ifo: the world economy situation improved in the second quarter

The index reflecting on the state of the world economy has improved in the second quarter – the ifo Institute for Economic Research of the University of Munich announced on...

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KPMG: Hungary is improving its position in the use of EU funds

At the end of last year, Hungary was in the middle-field among the ten Central and Eastern European countries, in connection with the usage of the 2007-2013 development funds in...

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The Ministry of Rural Development has changed the rules on organic products

In order to increase consumer confidence, the Ministry of Rural Development (VM), amended managing requirements in connection with organic products, the rules of certification, marketing, labeling and controls. According to...

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ECR Europe's annual conference – video

Senior executives from 7 retailers and 16 manufacturers attended in November ECR Europe’s first European Leaders Forum, at the head office of Carrefour. The meeting, building on ECR Europe’s new...

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The OTP launches a credit facility for tobacconists

OTP Bank has developed a credit facility for the operators of the national tobacco stores. Since than, hundreds of concessionaires inquired at the bank – the financial institution told MTI...

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KSH: inflation slowed further in April

The annual inflation rate slowed further in April to 1.7 percent, after the 2.2 percent of March. Compared to March, consumer prices rose by 0.3 percent compared with March –...

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The sowing area of melon has increased

The planting and sowing of melon has completed. In 2013, the producers can produce melon on a ten percent larger area than in the last year – Simonka György (Fidesz),...

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Buying retail spaces in Budapest is a good business for Europeans

Hong Kong remains the most expensive retail store market of the world. The rents are 150 percent higher than in New York and 400 percent higher than in London and...

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Parragh: the expectations of the companies are moving towards a positive direction

After a long time, the expectations of the Hungarian companies are moving towards a slightly positive direction with decreasing uncertainty ratio – Parragh László, president of the Hungarian Chamber of...

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Agreement was born between NAV and the mobile companies

Slowly it becomes clearer, which companies will run data connection between the online cashiers and the server of NAV. The tax authorities have concluded the contract with the four domestic...

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Online cash register manufacturers are ready to produce

The Minister of National Economy consulted nearly 30 cash register manufacturer on Friday evening. At the meeting, the experts of NAV, as well as the experts of the Hungarian Trade...

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The sown area of soy increased to its five-fold in Veszprém county in the last five years

The sown area of soy increased to its five-fold in Veszprém county in the last five years, autumn forage crops are promising – the Veszprém County Government Office told MTI....

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Retail sales increased in the world's largest economy

U.S., retail sales rose in April, instead of the expected loss, forecasted by experts. According to the Monday communication of the U.S. Ministry of Commerce, retail sales increased by 0.1...

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It's never wise to buy food if hungry

Temptation is lurking around every corner for dieters and many find that shopping for food is fraught with problems. Now researchers have spelt out how disastrous it can be to...

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Onion-cheese chocolate is a success

Flavors we in the U.S. might consider strange are becoming ever more popular abroad, which perhaps explains the success of a new cheese and onion chocolate bar sold by Irish...

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Médiapiac 2013: cooperation, new markets and FMCG focus

There were more than 400 participants at the Médiapiac (Media Market) 2013 conference and its accompanying event (held for the second time), Research Conference. This the time organiser Mediapiac.com created...

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Fleet tracking with GPS

iData Kft. provides tracking and fleet protection services and their iTrack GPS Tracking System is mounted in 13,000 vehicles – we learn from marketing manager Linda Szaladják. Both the tracking...

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Grüne Woche in Berlin (part 3): speculation in raw materials prices

Jürgen Fitschen, co-CEO of Deutsche Bank told at Grüne Woche that after a thorough examination they came to the conclusion that the increase in food prices wasn’t the result of...

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Value for money is the most important influence in store choice

If the majority of people try to cut down on their grocery spending – according to our first-quarter survey 72 percent of them do – these efforts have a major...

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Direct marketing goes digital, too

The Direct and Interactive Marketing Association conducted its DM Sensor research this year too. It revealed that the size of the domestic direct marketing market was HUF 30.8 billion in...

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Hungarian strawberry’s superb performance

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) show that 11 percent more cattle was slaughtered in Hungary (calculated in live weight) in...

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50m² and smaller

Altogether 17,808 general food stores sell household chemicals and cosmetics too, and 54 percent of them (9,580 shops) have a floor space of 50m² or smaller – 5 percent less...

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Online retail sales will be 200 billion HUF this year

2.7 percent of the Hungarian retail sales were transacted through the Internet in 2012 – eNET’s recently published annual survey shows. The 177 billion HUF turnover continues to grow strongly...

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