Market News
Industrial production increased by ten percent
Date: 2010-12-07 14:34:48
In January-October 2010, industrial production grew by 10 percent, compared to the same period of 2009. According to the datas of the Central Statistical Office; In October industrial production increased...
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Only 2 percent would buy uncertain origin food
Date: 2010-12-07 14:27:09
In Hungary forged products cause an estimated 600-900 billion HUF damage per year – said Bendzsel Miklós, president of the Hungarian Patent Office Budapest on Tuesday at a background conversation....
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Russia halves its poultry imports
Date: 2010-12-07 12:54:02
Next year Russia will halve its poultry imports – announced Viktor Zubkov, Deputy Prime Minister. The Russians are marching towards self-sufficiency. Russia halves its poultry imports quota to 350 thousand...
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Mankind will be strarving after 2050
Date: 2010-12-07 12:50:55
Acccording to a study presented at the climate conference in Mexico, the population will increase such an extent until 2050, that the Earth will not be able to supply us...
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There is no uniform position over Sunday closure
Date: 2010-12-06 16:25:08
There are two law proposals that want the shops to be closed on Sundays. One was submittede by the MPs of the KDNP, but adoption is still not sure. The...
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Hungary is last in employment rate
Date: 2010-12-06 15:30:32
Hungary stood in the last place in the first half of the year in the European Union with the employment rate of the 15-64 year-olds. The employment rate of 55.3...
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This year, at least 17 500 companies may bankrupt
Date: 2010-12-06 13:21:47
During one month liquidation proceedings started against 1627, in the first 11 months of the year, liquidation proceedings started against 16 513 companies, so until the end of the year,...
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Credit card spendings slow down in Europe
Date: 2010-12-06 13:20:52
According to the joint report of Visa Europe and Markit market research company; the population of the EU Member States spent 1.2 percent more in the third quarter of 2010,...
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Authorities find a series of fake and poisonous products continuously
Date: 2010-12-06 13:04:53
In recent days, many dubious origin and quality toxic food products discovered by the authorities. The Agricultural Management Office found palm oil forged egg powder and fusarium-toxin flour in Heves...
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Austria turns to the European Commission because of the special tax
Date: 2010-12-03 18:25:48
The Hungarian crisis tax prefers the Hungarian-owned companies, so it is contrary to the EU competition rules – wrote Die Presse in its Thursday's issue. The Austrian companies lobbied against...
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Green cleaning
Date: 2010-12-03 13:52:43
Skweet also targets sport lovers: it cleans all types of sport bottle naturally, easily and effectively. The powder not only cleans bottles, but it contains only natural ingredients; it is...
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Sex drive (energy) drink
Date: 2010-12-03 13:51:47
Sex drive is different from other energy drinks: it enhances blood flow to vital organs and it has been known to increase the libido in both men and women. It...
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Drink quiz
Date: 2010-12-03 13:49:52
Britvic would like to sell more of their Juicy Drench drinks by installing smart vending machines in shops. These vending machines do not accept cash, rather they prompt participants to...
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Stagnating Hungarian FMCG market
Date: 2010-12-03 13:48:13
After a survey of 2,000 households by GfK Hungária, we learned that we did not spend more on FMCG products this year than last year, what is more, we continued...
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Agricultural product prices were up by twenty percent
Date: 2010-12-03 13:46:17
In August 2010 the production price level of agricultural products surged by 20.1 percent, compared to the level of August 2009 – vegetable product prices soared by 31.7 percent and...
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Chocolate Santa figures are the most popular – they make up for more than half of holiday season sales
Date: 2010-12-03 13:44:18
Last year sweets retail sales surpassed the level of HUF 2 billion in the December holiday season, but sales of seasonal products were 11 percent lower than in the previous...
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Increase in retail sales: it did not happen yet
Date: 2010-12-03 13:42:53
Volume sales by retail units in August were practically at the same level as last year. Sales fell by 3.3 percent in the first eight months of the year. KSH’s...
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Prices lowered in September
Date: 2010-12-03 13:39:54
In September the monthly average consumer price decrease was 0.1 percent, but compared with the level of September 2009 prices increased by 3.8 percent. According to a quick report by...
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Retail sales are slowly climbing in the EU
Date: 2010-12-03 13:38:37
According to Eurostat’s quick estimate, retail sales grew by 0.8 percent in the EU-27 and by 0.6 percent in the eurozone in August 2010, compared to the same period a...
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Food industry is still one of the losers
Date: 2010-12-03 13:36:51
Domestic industrial sales prices were 0.3 percent higher in August 2010 than in the previous month. If compared with August 2009, they were 10.5 percent higher. Industrial export sales prices...
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Food export growth
Date: 2010-12-03 13:35:22
In January-July 2010 the volume of export soared by 17 percent and that of import increased by 15 percent, if compared with the base period a year earlier. Foreign trade...
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Chocolate may become a luxury product
Date: 2010-12-03 13:34:38
Because of the decline of the cocoa bean plantations and rising demandm, chocolate soon to be classified into the category of luxury goods. According to the Ghana-based Natural Conservation Research...
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Young people spend nearly five hours in front
Date: 2010-12-03 13:32:33
In the past ten years the umber of young people who use the Internet daily multiplied by sixteen. 15-19 year olds spend a daily 4.9 hours in front of different...
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Eurozone’s retail sales increased again
Date: 2010-12-03 13:28:28
After falling for two consecutive months, the euro-zone retail sales rose in October – states the European Union's statistical office, the Eurostat on Friday. The October retail sales increased by...
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Inflation wave hits Romania and Greece
Date: 2010-12-03 13:24:36
In August 2010, in the EU-27 consumer prices were 2 percent higher on average, compared to prices in August 2009. The biggest increase was measured in Romania (7.7 percent) and...
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A lot depends on tax law and the budget
Date: 2010-12-03 13:22:18
According to economic projections by GKI Gazdaságkutató Zrt. and Erste Bank, the conditions for economic growth are somewhat worse than previously reckoned. The growth rate of external demand will be...
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Chicken sales on the rise
Date: 2010-12-03 13:18:10
Agricultural Economics Research Institute (AKI) monitors and regularly publishes the world’s poultry and meat product trends. Their latest report reveals that the volume of broiler chicken purchased weekly on weeks...
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Industrial production improved after last year’s poor performance
Date: 2010-12-03 13:16:37
In August 2010 the volume of industrial production increased by 17.6 percent from August last year. Production level in the first eight months of the year was 10 percent higher...
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Online food stores are in trouble
Date: 2010-12-03 13:13:47
Every fourth online food store eliminates its operation in Great Britain. Years ago, the Internet has revolutionized the business sector. Costumers did not have to go to the hypermarkets: the...
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Nearly all households buy some kind of hygiene or skin care product
Date: 2010-12-03 11:22:48
According to GfK Hungária’s ConsumerScan, 95 percent of households bought some kind of hygiene or skin care product in the first half of 2010. In the youngest age group (under...
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