Market News
PSZÁF vs. Ministry in the case of repelling the consumer groups
Date: 2011-05-05 13:04:20
The financial supervision would prevent the people from the consumer groups by using criminal legal tools. However, according to the Ministry of Administration penalties may be sufficient. As it is...
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Declining retail sales in Europe
Date: 2011-05-05 12:59:07
In March 2011, retail sales in the eurozone decreased by 1 percent, while in the European Union, the decline was 0.8 percent. On an annual basis, turnover decreased in the...
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Internal rules of domestic food market to be changed
Date: 2011-05-05 10:23:23
The internal rules of domestic food-delivery market need to be changed – Sándor Font, president of the Parliament's Agricultural Comittte pointed out. The politician believes that the food-industry faces a...
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According to Coface, Hungarian food industry is less risky than the national average
Date: 2011-05-04 13:40:14
The forthcoming period will be crucial for the companies of the Hungarian food industry. According to Coface; the companies in this sector are relatively in acceptable position. Moreover, recently their...
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Online coupons are becoming more and more popular
Date: 2011-05-04 12:15:09
It is the heyday of online coupons, which are getting more and more popular among the customers. It is true, that in relation to the total retail turnover, this type...
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Five thousand forints can be the amount of the compulsory chamber membership fee
Date: 2011-05-04 10:10:57
According to the plans; the annual membership fee of economic chambers will be 5000 HUF. This will likely to reduce the businesses' revulsion against the compulsory membership. Although previously it...
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Only 50 remained from the 350 small-scale breweries
Date: 2011-05-04 10:08:29
The owners of the small breweries are waiting for government support in ored to increase the offer of the small brewers, beside the wide range of mass produced commercial beers....
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Further decline in German beer consumption
Date: 2011-05-04 10:04:22
Further decline occurred in in German beer consumption in the first three months of the year. According to the datas of the German statistical office; consumption decreased by 2 percent...
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Shoplifters under surveillance
Date: 2011-04-29 17:27:28
International statistics say that in one year store theft causes damage that equals 1.2-1.5 percent of sales. 41 percent of store theft is performed by external thieves, 36 percent is...
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The Ministry of Rural Development would reduce Hungary's vulnerability on the food market
Date: 2011-04-29 14:06:20
Hungary's vulnerability on the food market must be reduced. The key would be self-sufficiency – said Czerván György, secretary of state of the Rural Development Ministry, responsible for agri-management on...
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Premises are also important for online merchants
Date: 2011-04-29 13:29:01
Despite the increase in online sales the personal purchasing in shops remained an essential part of retail trade – shows the latest report of CB Richard Ellis (CBRE) real estate...
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The regulation of mobile stores may be stricter
Date: 2011-04-29 13:06:32
Increasing competition occurred between the convenience stores and mobile stores, due to the crisis. A regulation under construction would significantly make their operation more difficult. According to sources; the plans...
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Further decline in the German retail sales
Date: 2011-04-29 13:01:50
Contrary to expectations, retail sales volume decreased in March in Germany. This was the second monthly decline in a row. Expectations were about a 0.2 percent expansion, while a 2.1...
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Free online presence even for small businesses
Date: 2011-04-29 09:36:33
More and more small businesses open up for the possibility of strong online presence: since February, more than 5 thousand companies have signed up for the program titled Cégem (My...
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The companies object the compulsory chamber membership
Date: 2011-04-28 13:55:32
The companies do not agree with the compulsory chamber membership. Among them, the companies that have no membership are strongly opposing to the introduction of the measure, while members of...
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We pay by credit card mostly in hypermarkets
Date: 2011-04-28 13:05:07
The expansion of electronic payment continues among the Hungarian card holders, More and more people use their bank card for shopping regularly, and the share of foreign payments, and internet...
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Prince William's wedding may bring half a billion pounds revenues for UK retailers
Date: 2011-04-28 12:54:52
According to the forecasts of the experts; British retail can expect more than half a billion pounds extra revenue from the wedding-related consumption. British Prince William – the eldest son...
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The world’s biggest companies joined forces (part 2)
Date: 2011-04-28 10:41:10
The Consumer Goods Forum (CGF) unites 400 leading retailers, manufacturers and service providers and in the previous issue of Trade magazine we started discussing their 70-page report, Future Value Chain...
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Is internet a tool or a source of fun for Hungarians?
Date: 2011-04-28 07:29:10
Even the most active internet users get online to work or get stuff done, and few of them focus on the fun part of the internet. The way consumers behave...
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An increase in economic optimism is to be seen
Date: 2011-04-27 15:40:33
The Reuters/Ipsos MORI April Political Monitor shows an increase in economic optimism in the wake of official figures showing surprise drops in both unemployment and inflation. Three in ten (31%)...
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Trade Finance Magazine Copying and distributing are prohibited without permission of the publisher Coface grows wary of worldwide risk
Date: 2011-04-27 14:34:44
Coface grows wary of increasingly volatile markets as it ups its perception of risk in 10 countries worldwide. Coface has re-evaluated risk in volatile markets across the world as it...
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A panorama over Sunday closure
Date: 2011-04-27 13:00:07
According to a study; the supermarkets may profit from the restricting of the Sunday opening hours of shops, and although many people would be exempt from work on Sundays, it...
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Penta only needed the market?
Date: 2011-04-27 13:00:03
The debate between the Penta meat industrial group and some leading government politicians threatens with EU conflict. The Penta group is “accused with market buying”. Fórián Zoltán, business director of...
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Mangalica Shop opened in Budapest
Date: 2011-04-27 12:59:08
The Ministry of Rural Development creates an action plan to support the pig industry. Within a few weeks the plan will be released for public discussion – said Czerván György,...
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Demján: Hungary on the Silk Road
Date: 2011-04-27 12:19:37
Hungary's economic and natural conditions are good enough that the country could be the final stage of a modern “Silk Road” – said Demján Sándor, Executive Chairman of the National...
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GKI's and Erste Bank's combined consumer and business confidence index edged up to -9.1 points in April
Date: 2011-04-26 16:46:05
Economic research company GKI's and Erste Bank's combined consumer and business confidence index edged up to -9.1 points in April from -10.7 points in March. The index, prepared with European...
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In May, the Advertising Week is coming again
Date: 2011-04-26 12:56:07
The Hungarian Advertising Association (MRSZ), organizes the Advertising Week for the sixth time, between the 2nd to the 8th of May 2011. According to the organization's Web site; public programs...
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The European commercial real estate market is recovering
Date: 2011-04-26 12:55:35
Businesses were carried out on the European commercial real estate business market in a value of 26.7 billion euros in the first quarter, 26 percent more than a year earlier...
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Consumer confidence improved in the world's largest economy
Date: 2011-04-26 12:48:20
In April, the value of Conference Board's consumer confidence index increased to 65.4 points from 63.8 points, which is a slight positive surprise, because the analysts' consensus was 64.4 points....
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99 percent of Hungarian companies may find the new online portal helpful
Date: 2011-04-26 10:06:48
The website kkvguru.hu is an online center where leaders of small and medium-sized enterprises can get practical advice and up-to- date information. In the European Union, 99.8 percent of enterprises...
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