Market News
Croatian pork prices may increase by one-third
Date: 2012-10-05 10:22:37
In Croatia a quarter less corn and soybean crops are expected, compared to last year – shows the latest estimate of the statistical office. The Chamber of Agriculture expects an...
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Food prices on their six-month peak
Date: 2012-10-04 14:56:24
Food prices have risen to heights have not seen for six months – shows UN’s FAO index. On the dairy market the increase was so high that is has not...
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Meat will become more expensive
Date: 2012-10-04 12:41:25
The price of meat is increasing for a while, but a further price increase is expected, due to this year's drought – Menczel Lászlóné, secretary of the Livestock and Meat...
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GfK consumer trust: the atmosphere is gloomy
Date: 2012-10-04 12:26:12
The variable development of the consumer mood once again continued in July. On the whole, income expectations and willingness to buy remained at very good levels. The latter improved slightly...
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Less corn has grown than expected
Date: 2012-10-04 12:11:52
The amount of the harvested corn does not meet the expectations. It seems that the yield will be only a little more than four million tons, compared to the previously...
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The base price of milk has remained 86 HUF
Date: 2012-10-04 12:10:41
The chairmanship of the Milk Marketing Board Interprofessional Organization at its meeting on 2 October decided that it will not modify its 86 HUF / kg prognosis for the the...
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The Ministry of Rural Development supports the producers' markets
Date: 2012-10-04 12:09:18
The Ministry of Rural Development supports the producers' markets mainly with legal tools and also by providing the necessary financial background. The aim is to establish producers' markets in as...
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The tobacco industry received the Commission's proposal well
Date: 2012-10-04 12:06:26
According to the Hungarian Association of Tobacco Industry Investors (DBMSZ), the Parliamentary Budget Committee’s proposed amendment will be beneficial for both the state and the manufacturers. According to the proposed...
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Nébih – large quantities of expired candies were seized by the authorities
Date: 2012-10-04 10:40:39
The Tax and Customs Administration of Szabolcs-Szatmár-Bereg county and the Food Chain Safety and Animal Health Directorate of the county seized about 6,650 kilograms of expired candies at a plant...
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Coca-Cola, Apple, IBM are the world's most valuable brands
Date: 2012-10-03 12:48:53
Coca-Cola remains the world's most valuable brand, but Apple is closing the gap –shows the study of the Interbrand consultancy company. Just like in 2011, Coca-Cola occupies the first place...
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Euro zone’s retail sales continued to increase
Date: 2012-10-03 12:00:22
The volume of Euro zone’s retail was increasing for the fourth consecutive month in August, despite the rising unemployment and worsening economic outlook – EU's statistical office, Eurostat announced on...
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The Hungarian meat industry is on the edge
Date: 2012-10-02 13:10:19
The meat companies of Gyula and Kapuvár are on the edge of bankruptcy, Gallicoop wich had a 1.5 billion HUF profit last year, will also produce loss this year. The...
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National Food Chain Safety Strategy under development
Date: 2012-10-02 12:01:24
The Ministry of Rural Development is developing a food chain safety strategy. The objective of the document is to determine the measures and instruments through which the protection of the...
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OKSZ still calls for VAT cut
Date: 2012-10-02 11:59:33
The VAT rate reduction of basic foods would be advantageous both for the customers and for the market participants – provides the communication of the National Trade Association (OKSZ). The...
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Grain exports increased by almost one quarter
Date: 2012-10-02 11:57:31
In the first seven months,1200 billion HUF surplus was accumulated in the foreign trade balance. The exports were driven by vehicle manufacturing, but a sharp increase was measured in imports...
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KSH: External trade turnover continued to increase in July
Date: 2012-10-02 11:55:38
In July 2012 exports and imports increased by 5.6 percent and 4.8 percent, respectively, compared to the corresponding period of 2011. According to the latest flash report of the Hungarian...
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French social security deficit will be reduced by the tobacco and beer tax increase
Date: 2012-10-02 10:55:03
The French Government announced a series of measures, including the tax increase of tobacco and beer, in order to reduce next year's deficit in the social security budget – the...
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Nielsen: food retail sales increased in the first half of the year
Date: 2012-10-01 14:30:34
The food retail sales in value increased by 6 percent, in volume by 1 percent, between last December and July 2012, compared to the same period of the previous year...
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The British families are facing with huge food price increases in the next ten years
Date: 2012-10-01 11:00:29
The food spendings of the British families will grow a lot over the next ten years – shows the study of a British governmental body. The British population may suffer...
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Cherries may reduce the risk of gout attacks
Date: 2012-10-01 10:59:42
Cherry consumption may reduce the risk of gout attacks – U.S. researchers found in their study. In the study published in the Arthritis & Rheumatism journal, the risk of gout...
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Electronic shelf label at a MOL petrol station
Date: 2012-09-30 23:14:09
In Hungary electronic shelf labels are already used in many places, especially in food and DIY stores. Petrol stations have long been targeted by electronic shelf labels because of their...
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The price of corn falls: food price explosion may not occur
Date: 2012-09-28 12:50:21
Despite the drought the price of corn is falling, if the trend continues, the price of food and ethanol may reduce. In the last two weeks the price of corn...
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The forecast of GKI Economic Research Co. for 2012-2013
Date: 2012-09-28 12:22:45
In the first half of 2012 the Hungarian economy got into recession. It further deepened in the second half of this year due to the drought. Consumption, investments and lending...
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Harvest panorama – we can expect less grapes, but high quality wine
Date: 2012-09-28 12:00:49
Less grapes but high quality wine is expected in the historical wine growing regions – shows the harvest panorama of MTI. 24 to 25 thousand hectares falls to the Danube...
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Nébih: the botulism in Békés county did not affect the food chain
Date: 2012-09-28 11:35:13
The examination on botulism disease in Békés county has completed. It was found that the botulism did not affect the food chain – said the National Food Chain Safety Office...
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Increased household food expenditure in Slovakia
Date: 2012-09-28 11:25:32
The Slovak household food expenditure rose by 5 percent in the first half of 2012, compared to last year – the Postová banka told MTI on Friday. The analysis is...
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Free pálinka distillation is two years old
Date: 2012-09-27 11:25:54
The free pálinka distillation called attention to the importance of fruit landraces, however, the number of competitions have shown that private distilerries can produce high-quality distillates – V. Németh Zsolt,...
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DHL Express favours small- and medium-sized businesses
Date: 2012-09-27 10:58:48
DHL's focus on selected industry sectors means customers benefit from working with specialists – not just in logistics, but also in their particular marketplace. Our aim is to build long-term...
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GKI: GDP decreases by 1.5 percent this year and increases by 0.8 percent next year
Date: 2012-09-26 13:50:26
The gross domestic product (GDP) decreases by 1.5 percent this year and increases by 0.8 percent next year – shows the forecast of the GKI Economic Research Company. Vértes András,...
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A courier takes Fórum’s VAT-proposal to the Prime Minister
Date: 2012-09-26 12:10:43
The Fórum “Board for the reduction of basic foods” trade bloc, propose on the basis of the study of Ernst & Young (E&Y), to reduce the VAT of basic foods...
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