Market News
Unprecedented wine shortage may occur in Hungary
Date: 2010-11-23 12:30:00
Almost all the major wine-grower organizations joined the protest, which denounced the agricultural government's decision, that only the ministry can delegate members to the organization, that decides over the community...
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The PSZÁF recommends a ban on consumer groups
Date: 2010-11-23 12:03:42
If the competent ministry agrees with the Financial Supervisory Authority's proposal, to impose a ban on consumer groups the business-like organizating of the consumer groups will be banned in mid-2011....
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U.S. economy accelerated
Date: 2010-11-23 12:02:12
The revised datas show that in the third quarter U.S. economy increased by 2.5 percent (based on annualized quarterly basis), which exceeds the previous estimations of 2 percent and the...
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Euro zone’s consumer confidence is on its three-year peak
Date: 2010-11-23 12:00:33
Despite the Irish and the Greek crisis, increasingly strong consumer confidence can be seen in the eurozone. According to the datas of the European Commission published on Monday; the index...
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Russia markets 13 million tons of wheat
Date: 2010-11-23 12:00:23
Until June 2011, Russia will sell more than half, about 13 million tonnes of its grain reserves, thus reducing the price of wheat – reports szabadfold.hu, after Vedmosztyi, Russian economy...
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Companies are still waiting
Date: 2010-11-22 23:59:22
According to a survey by Coface Hungary, from the companies asked nearly 40 percent saw their sales revenues decline by more than 10 percent in 2009. Another 10 percent of...
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Tens strength coffee: prohibited over forty
Date: 2010-11-22 13:13:56
A New York cafe created tens strength coffee; one could say: ten in one. It is a real caffeine concentrate. It’s serving is prohibited over 40, because it is dangerous...
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New forms of advertisement: product placements are coming!
Date: 2010-11-22 10:51:19
After the effects of the recession and a long period of stagnation, the advertisement market is recovering slowly, and in fact new forms of advertisements – for example product placements...
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Postal prices might rise over 10% for some products from January
Date: 2010-11-22 10:00:53
Hungarian postal company Magyar Posta might raise their prices more than 10% for some services from January 2011, although the average increase is not to exceed the rate of inflation...
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Hungarians will spend 34,000 HUF on Christmas gifts
Date: 2010-11-19 16:04:22
According to Árukereső.hu’s survey; This year, an average of 33,800 HUF is planned to spend on Christmas gifts. 79 percent of the Hungarian Internet users inquiries on the web, before...
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Net earnings nearly increased by three percent
Date: 2010-11-19 16:01:58
Real wages – beside the 5.1 percent rise in consumer prices – rose by 2.9 percent in January-September, mainly due to changes in the rules of the personal income tax...
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OECD: The growth of developed countries to slow down
Date: 2010-11-19 15:59:51
In the OECD, containing 33 developed countries, GDP growth forecast for next year modified to 2.3 percent from the former 2.8. The organization's experts expect a 2.5 percent growth for...
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If New York is the standard, then the store rentals in Váci street are almost for free
Date: 2010-11-19 15:50:44
In the American and Asian continent, the retail space rents have increased in Europe a decrease can be observed. New York continues to be the most expensive. For a square...
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Actions against the swindlers of the food industry
Date: 2010-11-19 15:15:34
The major agri-trade associations initiated a cooperation at the Customs and Finance Authority (VP), in order to fight against the increasing value-added tax and othar tax cheats – published the...
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Seasonal candies: Hungarian still prefer high quality chocolate
Date: 2010-11-19 12:23:53
In 2009, in spite of the recession,Hungarian customers payed more attention to quality when it comes to seasonal candies than ever before: they purchased twice as much candies made quality...
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A rich Christmas is expected in Germany
Date: 2010-11-19 11:44:16
The Germans spend a total of 76.9 billion euros on Christmas gifts in November and December this year, 2.5 percent more than last year. According to the HDE retail association;...
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Product creditors are optimistic before Christmas
Date: 2010-11-18 16:11:18
Similar or slightly stronger than last year’s product credit season is expected. Product crediting is beyond the nadir – says Balog Gábor, Head of Department at Cetelem Bank's marketing department....
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Bakers want more from the chains
Date: 2010-11-18 15:50:01
Bakeries believe, it is necessary to increase the transfer price of bread, because their costs have risen again – told Werli József, Secretary General of the Hungarian Bakers Association to...
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The lack of credit inhibits the growth of world trade
Date: 2010-11-18 15:40:36
The lack of credit can be a significant impediment of the expansion of global trade, and hits especially the poor countries – said the Chief Executive of the World Trade...
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China blames the U.S.A. for the 62 percent vegetable price increase
Date: 2010-11-18 14:15:28
The Chinese consumers blame the United States, because food and other consumer good prices recently increased in the country. According to official datas, in the first ten days of November...
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Economy is regaining strength, but international confidence is melting
Date: 2010-11-17 23:58:31
According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, economic growth in Hungary will be around 1 percent this year. In the 2nd quarter the Hungarian economy bettered...
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The social expectation puts more Hungarian products on the store shelves
Date: 2010-11-17 18:38:47
The products of the Hungarian agriculture are still not on the “right shelf” in the major commercial chains – shows the research of the Corvinus University. Although slightly more than...
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Sink hygenie: 30-40 percent reduction of expenses
Date: 2010-11-17 16:36:22
Reducing environmental impact is essential to a sustainable future. Kimberly Clark recognizes the solution requires us to consider more than just what the product is made with. That's the company...
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The First Hungarian Food Trade Consortium will help the small rural shops
Date: 2010-11-17 15:55:47
The market philosophy of the consortium that the generated profit from the product should be handed out in proportion between the producer, the wholesaler and between the small shops. It...
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Hungary is in the middle of the field in retail real estates
Date: 2010-11-17 15:35:53
While in the second quarter of 2010, the Central and Eastern European commercial real estate investment volume was 2.04 billion euros, in the third quarter it was a total of...
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Euro area inflation: close to the 2-percent limit
Date: 2010-11-17 13:43:57
The strongest consumer price increase rate occurred in October, since November 2008 in the Euro area: 0.4 percent, compared to the previous month, and 1.9 percent, compared to the previous...
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The major market trends forecast significant food price increase
Date: 2010-11-16 21:56:41
The Advocacy Producer Associations expect a significant increase in the price of basic food. The chains can hold back price increase with cheap imports. The crisis tax also tends towards...
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A positive surprise in U.S. retail sales
Date: 2010-11-16 12:55:19
In the United States, retail sales increased greater in October, than it was expected, which provides further evidence of the economic improvement. The total retail sales increased by 1.2 percent,...
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Russian wheat barely cover the domestic needs
Date: 2010-11-16 12:16:49
On the 1st of October, Russian grain stocks were on 41.6 million tonnes. It is 20.8 percent less than a year earlier. According to the communication of the Russian Grain...
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Ipsos: what makes an advertisement successful?
Date: 2010-11-16 05:05:34
A new research project based on the global database of Ipsos ASI suggests that 75 percent of the success of an advertisement campaign depends on the creative content, whereas only...
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