Market News
Significant improvement in consumer sentiment in the world's largest economy
Date: 2010-11-30 11:31:21
In November, the U.S. consumer confidence increased to a peak have not seen for five months, which indicates the expected strengthening of the economy – told the U.S. Conference Board's...
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Thousands of pounds change hands every second in the English webstores
Date: 2010-11-30 11:29:22
60 million forints per minute (ie 184 thousand pounds) were spent yesterday, by the Christmas customers on the so-called Mega Monday, in various internet stores in the United Kingdom. In...
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Increasing retail sales expected in Central Europe
Date: 2010-11-29 18:31:04
Acccording to the British Savills consulting firm; in the next five years, the Polish, the Czech and the Hungarian region will be the leader of the growth and the United...
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A more efficient system launched to protect consumers and brands
Date: 2010-11-29 18:28:02
A more efficient consumer protection and a more conscious consumer attitude is encouraged by a co-operation between National Consumer Protection Authority and Hungarian Association of Brands. The contract of co-operation...
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Hungary increased its attractiveness among the chains
Date: 2010-11-29 18:20:19
Germany maintained its leading position as the most attractive retail market in Europe in the Middle Eastern and African region, where 41 percent of the international trading companies are planning...
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MNB expects accelerating economy and inflation
Date: 2010-11-29 16:28:05
The November forecast of MNB predicts rise in consumer prices, and the acceleration of the economic growth. The expected economic growth rate is estimated at 1.1 percent by the central...
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Customers stormed the German stores
Date: 2010-11-29 11:22:05
The Christmas shopping season started well in the German retail trade. All indications show that this year’s year end turnover will far exceeds last year's turnover. According to the researches;...
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According to the British, cloned beef is eatable
Date: 2010-11-29 11:00:09
There was no difference between the meat and milk of the cloned and conventionally bred cattle, so it is unlikely to pose risks to food consumption – reported the British...
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GKI: Hungarian economy will expand by about 2.5 per cent in 2011
Date: 2010-11-29 08:04:15
According to the forecast of GKI Economic Research Co. prepared in co-operation with Erste Bank, following the slight GDP growth of 1 per cent in 2010, the Hungarian economy will...
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New loans in the Széchenyi Card Programme
Date: 2010-11-26 23:20:15
László Krisán, the CEO of KA-VOSZ informed entrepreneurs in Debrecen about two new types of loan for SMEs. KA-VOSZ, together with VOSZ and MKIK managed to achieve the expansion of...
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A slight improvement in the domestic labor market
Date: 2010-11-26 14:21:11
The situation of the domestic labor market improved slightly in the past three months – reports the Central Statistical Office. The number of employees was this high almost two years...
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Chocolate Santa Claus is already available for two hundred forints
Date: 2010-11-26 14:14:26
According to the forecasts; because of the economic crisis, fewer sweets will be taken into the kids’ shoes in this year’s Santa Claus season. Therefore, the prices have not risen...
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Annual competition to restore the credibility of Hungarian pálinka
Date: 2010-11-26 14:08:36
The National Pálinka Council (PNT) will organize a national pálinka and törköly distilling competition. One can apply for the organization of the event in December 2010. The annualy held competition...
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Black Friday; costumers spent thousand of billions on a single day
Date: 2010-11-26 14:00:48
The Friday after Thanksgiving (Black Friday) has long been the customer attractor in the stores in the United States. The shops have discounts often 50 to 70, but also up...
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The punishment of Auchan can be deterrent
Date: 2010-11-26 12:55:51
The 20.5 million HUF fine can be deterrent. The Auchan Hungary Ltd. has been fined because the chain distributed import milk from the Czech Republic under the purchase price. According...
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The “pure chocolate” term is prohibited
Date: 2010-11-26 12:53:50
According to the decision of the European Court of Justice; the “pure chocolate” denomination is prohibited. On the labels of sweets, a 100 percent cocoa butter content of the ingredients...
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Improved retail sales in September
Date: 2010-11-25 18:15:44
Until this September 5385 billion HUF was spent in the retail trade. The sales of food stores increased, but less petrol was sold – reports Origo, after the datas of...
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The Wine Marketing Committee has been reorganized
Date: 2010-11-25 15:40:48
Fazekas Sándor Rural Development Minister appointed the members of the reorganized Wine Marketing Committee – reports the Ministry of Rural Development (VM). According to the Communication; one member of the...
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Polish retail trade accelerates
Date: 2010-11-25 15:00:31
In Poland, the value of retail sales at constant prices increased by 9.0 percent in October, compared to a year earlier. The data of the Polish statistics office released on...
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Budavári Winefestival has received another award of excellence
Date: 2010-11-25 13:48:27
Budavári Winefestival is one of Hungary's most popular festivals – a valid survey carried out by Hungarian Tourism Ltd. announced this summer. Now the famous winefestival has received yet another...
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Magazine: End of the year wiener mathematics
Date: 2010-11-24 23:33:34
The end of the year might bring a price competition on the wiener market that could turn out to be fiercer than ever – the significance of price promotions vastly...
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GfK: The five wealthiest and poorest places in Hungary
Date: 2010-11-24 19:22:42
GfK Hungária has set up Hungary's general customerforce-map, and found that the wealthiest people appear to live in Csopak, whereas those who have the smallest amount of money to spend...
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World trade slowed down
Date: 2010-11-24 19:06:05
In September world trade turnover decreased by 0.6 percent, compared to August. Trade only increased in Eastern Europe, and in Latin America. World trade slowed down in recent months, after...
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Parragh: reform, balance and growth are the most important objectives
Date: 2010-11-24 18:21:52
According to the president Hungarian Chamber of Commerce; the maintenance of the balance of the budget, structural reforms and the economic growth are the most important objectives of the forthcoming...
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The www.fuvarozzon.hu auction site has been launched
Date: 2010-11-24 16:44:33
Hungary’s first online transportation site, the www.fuvarozzon.hu auction site has been opened. The website is accessible to everyone. The carriers bid on the auctions of the customers serving all demands,...
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Euro zone’s new industrial orders are below the expectations
Date: 2010-11-24 16:43:49
According to the Wednesday communication of EU's statistical office, the Eurostat; Euro zone’s new industrial orders decreased by a greater extent in September, than it was originally forecasted. In September,...
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U.S. online holiday retail may exceed 32 billion dollars
Date: 2010-11-24 16:27:57
According to the recent forecast of ComScore; in this year's festive season a 11 percent increase may occur in online retail sales in the United States. In 2010 U.S online...
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GKIeNET – T-Mobile: Smartphones navigate us
Date: 2010-11-24 14:20:21
According to the research of GKIeNET – T-Mobile; The past three years brought a breakthrough in the world of navigation tools: smartphones are starting to take the place of PDA...
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GKI's economic sentiment index reached its four-and-a-half-year high in October
Date: 2010-11-24 06:43:02
GKI's economic sentiment index adjusted for seasonal effects continued to increase in November. The nearly continuous rise started one and a half years ago and the index has not been...
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The energy- and sport drinks factor a saw a rise of 13 billion HUF
Date: 2010-11-23 12:59:46
Energy- and sport drinks are still incredibly popular, more than 11 billlion HUF was spent on this sector within December 2009 and September 2010. This is 11 percent more than...
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