Market News
U.S. retail sales expanded
Date: 2013-01-15 11:00:21
Retail sales in the U.S increased by 0.5 percent last December instead of the expected 0.2 percent – the Ministry of Commerce announced. The bad news is that the atmosphere...
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A record surplus in the external trade of the Eurozone
Date: 2013-01-15 11:00:01
íThe aggregate external trade surplus of the Eurozone countries reached a record surplus – shows Eurostat’s data published on Tuesday. According to the first estimate of Eurostat, Eurozone’s external trade...
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The strawberry and blueberry may reduce the risk of heart attacks in case of women
Date: 2013-01-15 10:54:59
The consumption of strawberry and blueberry three times a week may reduce the risk of heart attacks in case of women by one-third – American and British researchers state in...
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Ipsos: we look around many places, but do not really want to choose
Date: 2013-01-14 12:50:59
It is one thing to look around, but real commitment means something different. On average, 44 percent of the respondents followed the various brands in social media – shows the...
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About 2.6 billion HUF support to increase the number of pigs
Date: 2013-01-14 12:46:19
The government favors commodity production and food processing in the agricultural strategy; in order to increase the number of pigs a 2.6 billion HUF supportis available – Kardeván Endre, Minister...
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KSH: decrease in the growth of agri producer prices
Date: 2013-01-14 12:20:00
Agricultural producer prices rose by 18.5 percent in November, compared to the level of a year earlier, after the 24.5 percent price increase of the previous month. The price of...
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The world produces four billion tons of food – half of this amount ends as garbage
Date: 2013-01-14 12:10:41
Nowadays we produce roughly four billion tons of food each year. It is estimated that about 30 to 50 percent (from 1.2 to 2 billion tons) never make it to...
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The change of cash-registers may last until the end of the year
Date: 2013-01-14 11:26:24
The requirements in connection with the cash-registers are still not fixed yet. The development, licensing, or testing of the right tool may last until the end of the year –...
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The expansion of biofuels is pushing up food prices
Date: 2013-01-14 11:25:51
Europe and United States are encouraging the expansion of alternative fuels with laws in order to reduce dependence on oil. However, the plant-based fuel production can cause a drastic rise...
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Industrial production declined in the euro zone in November
Date: 2013-01-14 11:00:53
In November, instead of a modest increase, industrial production declined in the euro zone and in the EU in November – the European Union's statistical office, Eurostat announced on Monday....
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New market research database
Date: 2013-01-14 10:20:23
Global market research company Euromonitor International announced today the launch of Passport: Cities, a database providing fully comparable data and in-depth analysis on 850 cities worldwide.Passport: Cities provides localized city...
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New EU-policy on additives
Date: 2013-01-14 10:18:29
Food additives are substances added intentionally to foodstuffs to perform certain technological functions, for example to colour, to sweeten or to preserve. Food additives are defined in Community legislation as...
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Food retail turnover increased by 5 percent in value
Date: 2013-01-11 13:00:11
Retail revenues increased by 5 percent, to about 1,370 billion HUF in the 90 food categories measured by Nielsen between December 2011 and November 2012, compared to the previous year's...
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Humans produce 300 million tons of meat every year
Date: 2013-01-11 12:10:00
The human kind’s “hunger for meat”has reached a record high level – a German report states. According to the reports, the consumption rate of beef, pork and poultry meat products...
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The price of poultry products may increase by 10 percent in the spring
Date: 2013-01-11 12:00:55
According to the informations of the Magyar Hírlap, an annual 40-50 million chickens are slaughtered illegally in Hungary. In March a 10 percent increase may occur in the price of...
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Several countries have joined to the action against the Four Paws
Date: 2013-01-11 11:25:12
The European Fatty Liver Association is exploring the possibility of how to act together against the Four Paws. The organization's actions caused losses to consumers, so senseless animal protection must...
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Slovakia prepares to introduce the “VAT Lottery”
Date: 2013-01-11 10:59:12
The Slovak Finance Ministry plans to launch”VAT Lottery” later this year. The ministry would like to increase the VAT income of the state – Bratislava Pravda reported on Friday. According...
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Wine culture center opens in Tokaj- Hegyalja
Date: 2013-01-11 10:55:02
The Basilicus Szőlőbirtok opens a Wine culture center in the first half of this year in Tokaj- Hegyalja. The facility aims to present the past and present of the historical...
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Food price increase may slow
Date: 2013-01-10 13:12:06
Usually the year starts with a drop in prices. But the food prices fall lasted only for a week. In the second week of January prices became higher. According to...
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China buys wheat from America again
Date: 2013-01-10 11:15:22
China buys wheat from the United States and from Canada again after domestic product prices have risen to a record high level, while wheat prices on the global markets became...
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GfK: Consumer sentiment has improved slightly
Date: 2013-01-09 13:12:15
The value of GfK Hungária’s Complex Consumer Confidence Index as well as the value of its Propensity to Buy Index increased slightly in the last quarter of 2012, while the...
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Analysts: foreign trade surplus remains high
Date: 2013-01-09 11:50:26
Due to the low domestic demand, foreign trade surplus remains high this year – analysts told MTI. According to the preliminary datas of the Central Statistics Office (KSH) published on...
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KIK: the school milk program continues in the public schools
Date: 2013-01-09 11:45:24
This year, the school milk program continues in the educational institutions, operated by the state – the Klebelsberg Intézményfenntartó Központ (KIK) (Klebelsberg Institution Maintenance Center) told MTI on Wednesday. As...
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Cooperation in order to develop the Chinese-Hungarian economic relations
Date: 2013-01-09 11:25:34
The National Foreign Trade Office (HITA) and the Hungarian-Chinese Chamber of Commerce (ChinaCham Hungary) signed an agreement on January 8. The HITA and the ChinaCham Hungary wants to help the...
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The tobacco industry will nor recover from EU's proposed new tightening measures, says a German weekly newspaper
Date: 2013-01-09 11:20:32
The European Commission's recently announced anti-smoking measures influenced real bad by the tobacco industry and will hardly to be able to recover from the shock of December – Der Spiegel...
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Oregon beer lover makes brew for dogs: Dawg Grog
Date: 2013-01-09 10:42:46
An Oregon man who loves beer and loves his dog has concocted some hooch for the pooch. Daniel Keeton works at Bend's Boneyard Brewery tasting room and calls his canine...
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Budai Gyula: no reason to combine meat plants
Date: 2013-01-08 13:58:59
The domestic meat plants have their own products, brands and markets, so it is not appropriate that the state-municipally owned companies to deliver closer cooperation – Budai Gyula Minister of...
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Magazine: Gift trends and POPAI awards
Date: 2013-01-08 13:14:38
Business and promotional gifts were on the agenda of the year’s last Trade Marketing Club meeting that took place in the BKIK building. One of the club’s founders Zsuzsanna Hermann...
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Hungary is unlikely to help the Russian grain shortage
Date: 2013-01-08 12:50:28
It is unlikely that Hungary can win on the grain shortage in Russia. The Russian animal farmers have to buy 1.5 million tons of feed grain, because last year’s crop...
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EU retail turnover decreased on an annual basis
Date: 2013-01-08 11:42:50
On a monthly comparision the volume of retail turnover increased compared to the previous year in November 2012 in the eurozone and in the EU – Eurostat announced on Tuesday....
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