Market News
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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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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