Market News
OKSZ: We will spend during Easter despite the crisis
Date: 2012-04-02 13:10:41
This year, egg prices increase drastically, thus Easter holiday meals will cost more, but merchants expect that the Hungarian population will spend the same amount as last year. According to...
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KÉKI: High quality ham is expensive, but the cheaper is not bad either
Date: 2012-04-02 12:52:48
Hungarian housewives can definitely agree about one thing: they have received plenty of good ideas on how to buy the ideal ham for Easter. Never before did so many ham-tests...
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BMI on a record annual level
Date: 2012-04-02 12:20:57
The seasonally adjusted value of the Purchasing Manager Index (BMI) was 56.8 points in March, the highest of the last thirteen months. In addition, it is well above 50 points,...
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The Ministry of Rural Development's proposal on illegal land purchasing
Date: 2012-04-02 12:08:53
The government has adopted the Ministry of Rural Development's proposal on illegal land purchasing. The Minister of Rural Development promised swift and effective action regarding so-called pocket contracts. At the...
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The Government has adopted the National Rural Strategy
Date: 2012-04-02 12:00:14
“The Government is treating agriculture as an important spring-board”, stressed András Giró-Szász at the press conference at which he and Minister for Rural Development Sándor Fazekas jointly announced that the...
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Changes in the pig holding rules
Date: 2012-04-02 11:33:51
The EU regulation that prohibits the sows to be kept in isolation – will enter into force in January 2013 – will only affect less than 50 affected pig farms...
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What ends up in the washing machine?
Date: 2012-04-02 00:02:24
Instead of detergent powders, a growing number of consumers buy liquid or gel detergents or those in pre-portioned doses. Consequently, we find these products in the portfolio of every big...
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Hypermarkets prevail on the detergent market
Date: 2012-04-01 23:58:57
Every year HUF 33 billion worth of detergent is sold in Hungary. Last year retail sales were down 3 percent in value and 5 percent in volume, if compared with...
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PET bottle is still at the top of its game among fruit juices
Date: 2012-04-01 23:51:08
– When the economic recession commenced, juices and premium category products were capable of strengthening their positions. By today this trend turned around and it is the low fruit content...
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Increased market share for the biggest and the smallest stores
Date: 2012-04-01 23:46:47
Fruit juice sells in the value of HUF 40 billion a year in Hungary. Last year value sales were up 1 percent but Nielsen registered minus 4 percent in volume...
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Price reigns among patés and spreads
Date: 2012-04-01 23:35:21
Economic hardships started a restructuring process on the meat product market – to the detriment of patés and spreads. One of the reasons for this was a 6.1-percent increase in...
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A fleet in good hands
Date: 2012-04-01 23:18:14
There are a couple of factors in the domain of fleet financing and management that give way to optimism: tenders are going to be reannounced and changes in legislation may...
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The GPS sees everything
Date: 2012-04-01 23:14:10
iData Kft. is an acknowledged Hungarian satellite tracking company. Company head Lajos Szabó has realised the importance of this kind of service and created iTrack GPS, which is now used...
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Food-chain safety tests in the ham-product sphere
Date: 2012-03-30 16:09:03
Prior to the Easter-season, the National Foodchain-safety Authority has ordered a detailed check-up to examine all ham-products. The county-authorities have checked producers as well as shops. Throughout the controlling process,...
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European egg production decreases by a weekly 200 million pieces
Date: 2012-03-30 14:48:39
As Easter is approaching, eggs are getting more expensive Europe and it seems that shortage will occur from eggs, as the primarily result of the new European Union regulation. According...
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Fazekas Sándor: the government aims to increase the proportion of food distributed by the producers
Date: 2012-03-30 14:20:37
The government in its National Rural Strategy points out that they are willing to increase the proportion of food sold directly by producers from 7 percent to 20 percent until...
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German retail declines for five months
Date: 2012-03-30 12:08:53
The sluggish domestic consumption – despite the generally good economic climate – continues to slow down the upturn of the German retail trade: German retail sales declined for the fifth...
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Smokers: comply with the ban, if you can!
Date: 2012-03-30 10:10:12
The violators of the new smoking law will be penalized from the 1st of April. The Society of Smokers does not consider the law realistic at several points, but requests...
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Product of the year Hungary 2012 – the winners
Date: 2012-03-29 20:00:25
Product of the Year creates an opportunity for manufacturers to introduce their innovative products to consumers as soon as possible. Using the logo differentiates the given product from similar goods,...
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PwC: Hungary is still an attractive investment location
Date: 2012-03-29 13:30:21
According to the PwC advisory group, Hungary is still an attractive destination for those who are wishing to invest. Supports and subsidies are important to the investors, because these are...
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KSH: 51 thousand more people are working than a year ago
Date: 2012-03-29 13:20:35
The number of employees in December 2011 – February 2012 was 3 million 794 thousand, 51 thousand more than a year ago – the Central Statistical Office told MTI on...
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Magazine: Only real-chocolate Easter figure sales grew
Date: 2012-03-29 13:15:15
Despite the economic environment and consumers cutting down on their spending, Easter sweets did surprisingly well last year. Andrea Szabó, Nestlé Hungária Kft.’s junior brand manager (seasonal confectionery) told Trade...
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Consumer-friendly enterprise application was announced
Date: 2012-03-29 12:50:04
The National Consumer Protection Authority (NFH), in order to promote attitude in compliance with the law, announced a consumer-friendly enterprise application for small and medium enterprises of trade and catering....
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Kiwi instead of high blood pressure tablets
Date: 2012-03-29 09:22:22
Norwegian researchers have demonstrated that the kiwi has an impressive antihypertensive effect. Its regular consumption decreases blood pressure to its normal values – can be read in the study of...
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Some Chinese tea species are more expensive than gold
Date: 2012-03-29 09:20:17
As the spring season approaches, the price of some Chinese tea species increased into heights never seen before. The highest quality, rare tea spiecialties are considered as luxury presents today,...
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Detailed forecast of GKI Economic Research Co. for 2012
Date: 2012-03-28 15:57:31
The Hungarian economy has been the weakest for years in the region, and it fell short of its own capabilities. Now this is accompanied by a credibility crisis (perceived in...
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GDP will decline by 1.5 percent this year, next year it will increase with the same percentage
Date: 2012-03-28 12:30:22
According to the GKI Economic Research Zrt., this year, the gross domestic product (GDP) will decline by 1.5 percent. GKI believes that in 2013 it will increase by the same...
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Magazine: Most Hungarians are convinced that organic food products are healthier
Date: 2012-03-28 12:15:49
84 out of 100 Hungarian consumers think that organic products are healthier, 70 reckon that by eating organic food they do not consume pesticide residue and other poisons – revealed...
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Serbian-Hungarian agricultural trade is expanding vigorously
Date: 2012-03-28 12:00:35
Hungarian agricultural exports to Serbia increased by 38 percent in 2011, compared to the previous year and exceeded 50 million euros. Imports from Hungary’s southern neighbour increased by 50 percent...
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VinCE Budapest 2012: Huge success for Hungary
Date: 2012-03-28 11:11:59
VinCE Budapest 2012 promised to be a great wine event for professionals and amateur wine lovers alike. The primary focus of VinCE is wine (vin) in Central Europe (CE). Over...
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