Market News
Men are are efficient when buying Christmas gifts
Date: 2010-12-16 05:43:37
Even though this year Christmas gifts are going to be more modest than last year, the holiday will be a lot like in the previous years. Most people spend less...
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Silver Sunday was successful, traders are confident
Date: 2010-12-16 05:36:41
According to traders this season is much more intense than last year. There are more customers, mainly interested in technical products. The real rush is expected for next week. Malls...
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Industrial production increased over 8 percent in the last 12 months
Date: 2010-12-16 05:30:46
The volume of industrial production grew by 8.3 percent in October 2010, compared to the same period of last year. The production in the first ten months of the year...
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VOSZ: The majority requires Sunday's opening hours
Date: 2010-12-15 16:10:30
According to the National Association of Entrepreneurs and Employers (VOSZ), the whole Hungarian economy and the majority of the population require weekend opening hours of the retail shops. In the...
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Young people spend more on Christmas gifts
Date: 2010-12-15 13:30:54
Young people spend more, but less and less young people pay with cash at Christmas. One study found that the youngest bank customers spend an average of nearly 23 thousand...
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Sows should gave birth to more piglets to catch up with Western Europe
Date: 2010-12-15 13:00:41
The efficiency of pig production should be increased. Currently a sow has an average of 18 to 20 piglets. This should be increased to 26 to 28 – said Német...
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The Competition Authority punished again
Date: 2010-12-15 11:29:42
The Competition Authority fined another company organizing consumer groups. The Quantum Invest like the others, has published misleading advertisements, therefore fined to 4.7 million HUF and prohibited the company from...
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Agricultural products prices increased by a quarter in one year
Date: 2010-12-14 15:47:10
The level of agricultural product prices were 24.7 percent higher in October 2010, than a year ago. In particular, the price level of plant products increased by 37.1 percent, the...
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Meat test with test purchases: one-fifth of the items had a problem
Date: 2010-12-14 15:05:52
Five from 26 items had problems, during test purchases, meaning the item was not of sufficient quality – states the National Meat Institute (OHKI), after the joint test, carried out...
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Asia’s retail sales taking the lead
Date: 2010-12-14 12:16:22
According to a recent study; the consumption of the population, will accelerate in such an extent after the crisis, that within four years the annual retail sales of Asia may...
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Hungarian webstores to introduce free delivery
Date: 2010-12-14 12:14:35
On the 16th of December several hundred of webstores will deliver the product free to the customers. Everyone will receive the products by Christmas. The first was organized in the...
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In case of force majeure producer is exempted
Date: 2010-12-14 12:10:59
Monday, the National Assembly amended the Agricultural Market Act. The producers, in the case of a force majeure event are not obliged to the full compliance of yield sales contracts...
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Men use list, women their intuition during purchasing
Date: 2010-12-14 12:10:19
According to a survey; about 80 percent of the Christmas gifts are purchased by women. It often happens that they buy even their own gifts and put them under the...
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Negative record in sugar production: a further price increase may come
Date: 2010-12-14 11:55:24
The sugar production is expected to decrease to its two decade nadir in the world's third largest sugar-producing country, in Australia. According to the report of Abares, the Australian Agricultural...
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Growing interest in Hungarian fish-production
Date: 2010-12-14 07:20:12
The interest in Hungarian fish has reached the level of interest in the late eighties. Fish-production has been successful and efficient in Hungary throughout the past few years, just last...
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Magazine: Always at hand
Date: 2010-12-13 23:21:01
Consumers pay more attention to skin care in the winter months. Cold, wind, heating and a hot bath or an ill-chosen cream can all dehydrate the skin, especially the hands...
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The new modell of the Chamber of Agriculture would be beneficial to the producers
Date: 2010-12-13 16:54:02
According to one version of the draft legislation; The food processors involved in distribution and marketing can be forced members of the Chambers of Agriculture. The new plenum can receive...
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The Christmas rush started in Germany and in Hungary
Date: 2010-12-13 16:27:28
The traffic is much higher than in the same period of last year. According to the German Trade Association (HDE); the flat screen TVs, jewelry, watches and the games are...
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Christmas-shopping is a major stress-source for Hungarians
Date: 2010-12-13 16:05:45
Hungarians are very fond of Christmas, however they are sick and tired of compulsory Christmas shopping – a new online survey carried out by Árukereső.hu pointed out, after having interviewed...
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We eat far less fish than the EU average
Date: 2010-12-13 13:19:02
This year’s fish production will be 21 to 22 thousand tons in Hungary, about 15 percent less than the average, mainly due to the badweather – said Németh István, the...
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Falling Consumption and slowing economy may be the price to pay for the rescue of the euro
Date: 2010-12-13 13:12:50
According to the survey of the Centre for Economics and Business Research; In the debted countries of the euro area, an up to 15 percent drop in consumption may be...
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The aging population also offers excellent business opportunities
Date: 2010-12-13 12:30:43
Many investment professionals have already drawn attention to the potential business opportunities in the increasingly aging societies of the developed Western countries. In particular, they drew attention on the purchasing...
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Austria has no interest in further liberalization of agricultural markets in the EU
Date: 2010-12-13 12:15:53
Hungary and Austria both are on the opinion, that they have no interest in further liberalization of the European Union's agricultural market – said Jakab István (Fidesz), Vice-President of the...
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Champagne, wine and caviar are the favorite products of the Italian magpies
Date: 2010-12-13 12:13:58
In Italy, a record number of pre-Christmas shopliftings occurred. According to the datas of the Coldiretti producers association; kleptomania outbroke among the Italians. Until the end of the year, 660...
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The Big Short – the Wall Street-story now out in Hungarian
Date: 2010-12-13 08:48:41
Michael Lewis's new book, The Big Short is a brilliant account – character-rich and darkly humorous – of how the U.S. economy was driven over the cliff. The Hungarian translation...
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It was worth to expand the Széchenyi Card Program
Date: 2010-12-11 18:38:34
Experience so far shows that it was justified to expand the Széchenyi Card Program with working capital loan – said Krisán László, CEO of Ka-Vosz Zrt. to MTI. He recalled,...
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We may spend more than 130 billion HUF in online stores this year
Date: 2010-12-11 14:07:58
According to an economic analyst; this year in Hungary, people may spend more than 130 billion HUF in online stores. Last year 99 billion HUF was spent on the Internet...
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Hungarian farmers will be posted on the map
Date: 2010-12-11 12:38:59
The Gasztro Térkép Kft. would like to bring together the domestic agricultural producers, farmers, with food processors, restaurants, shops and hotels. The company founded this year, would like to create...
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London analysts: we should not rely on the euro until 2019
Date: 2010-12-11 12:30:00
The earliest possibility for Hungary to join to the euro zone will be in 2019, probably together with Poland. The Czech Euro may be delayed for the 2020s years –...
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Food-conderfeit scandal! Re-labelled, expired meat seized
Date: 2010-12-11 12:23:26
Shocking food counterfeit-scandal in Siófok: 110 kg re-labelled, expired meat was seized at a retailer in the city of Siófok by animal health authority on Wednesday. According to experts, three...
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