Market News
Consumer rush did not occur in the United States
Date: 2010-02-02 00:01:00
Despite the fact, that the huge chains were bombing the customers with actions, in December, the U.S. households spent less, than expected. Only a 0.2 percent increase occured, in household...
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Improvement in external debt, stagnant real wages
Date: 2010-02-01 00:04:59
According to the forecast of GKI Economic Research Co. made with the cooperation of Erste Bank, Hungarian economy will stagnate in 2010, but the external balance will show assets. The...
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More and more managers are getting optimistic about the future
Date: 2010-02-01 00:03:59
According to the Global CEO Survey of the PricewaterhouseCoopers; The CEOs left behind their fears, about the prolonged recession. The year earlier pessimism is replaced by trust in future growth....
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Consumer protection take care of pálinka
Date: 2010-02-01 00:03:24
The National Pálinka Council and the National Consumer Protection Authority signed a cooperation agreement, in order to help quality pálinka consumption on Thursday in Budapest, in the Ministry of Agriculture...
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The annual turnover of cosmetics and household chemical products is 300 billion HUF
Date: 2010-02-01 00:03:12
Last year, the retail turnover of the household products and cosmetics increased by 1 percent, compared to the previous year and is around 300 billion HUF. Nielsen market research company...
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More and more costumers buy abroad, due to VAT increase
Date: 2010-02-01 00:02:05
Household consumption decreased, due to the increase of VAT rate from 20 percent to 25 percent it also “fattened” black economy, and weakened tourism – states the National Trade Association....
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A six-year record in the U.S. economy
Date: 2010-02-01 00:01:59
According to the communication of the Ministry of Commerce; GDP grew by 5.7 percent, which is much higher result, than the 4.6 percent that the analysts expected. In the third...
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U.S. indices records
Date: 2010-02-01 00:00:12
Manufacturing activity showed a revival in January. The Chicago purchasing manager index increased to 61.5 points from the 58.7 points of December reaching a level not seen for two years....
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We are looking for the actions of the shops more consciously
Date: 2010-01-29 00:02:58
According to the results of GfK Hungária’s Shopping Monitor 2009/2010 study; Consumers are getting more conscious. Nowadays the actions and promotions have prority status. The biggest interests are for the...
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This year there will be no SPS: We miss EU agricultural supports
Date: 2010-01-29 00:01:59
Hungary announced to the union’s competencies, that Hungary will not adopt the farm-based agricultural support system, the SPS this year. The news was told the MTI by Gráf József Agriculture...
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The 40th World Economic Forum opened in Davos
Date: 2010-01-28 00:04:55
The 40th World Economic Forum opened on 27th of January in Davos, which is intended to focus on the creating of a saner world economy, a more responsible international banking...
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Winding ups and liquidations in all quantities
Date: 2010-01-28 00:04:37
According to Creditreform Ltd.; the number of insolvency proceedings in 2009, exceeded 14,600 which is a 29 percent increase, compared to 2008. In the cases of winding ups, the growth...
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A growing number of consumer complaints
Date: 2010-01-28 00:01:59
The Budapest Conciliation Board closed 1774 cases last year. This is nearly 400 more cases, than the 1398 cases of 2008 – said Baranovszky György the Chairman of the Board...
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The confidence restored
Date: 2010-01-27 00:03:52
This year, businesses expect a positive change, since the K&H SME confidence index has risen to the value before the crisis, standing on -14 points. Last time the index value...
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EBRD expects a recession in Hungary for this year
Date: 2010-01-27 00:03:40
Risks borne the recovery prospects of the Eastern European region – said the President of the European Bank for Reconstruction and Development (EBRD). who, believes there is a cause for...
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U.S. consumers are still confident
Date: 2010-01-27 00:03:25
Conference Board's consumer confidence index, increased to 55.9 points in January, from the 53.6 points of December. The recent positive data is a surprise. Analysts expected only 53.5 points. The...
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Near seven billion USD traffic between Hungary and China
Date: 2010-01-27 00:01:55
Hungarian export value increased by 4 percent, between Hungary and China. The two countries are getting more open towards each other. According to Chinese trade statistics; last year the traffic...
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Germany can redeem 50 billion worth of fuel
Date: 2010-01-27 00:00:35
According to the experts of the German Federal renewable energy organization; Germany may be able to significantly perform beyond EU's directives of share in 2020 in the case of renewable...
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The retail on slope
Date: 2010-01-26 00:09:58
According to the Central Statistical Office; the retail sales volume adjusted from calendary effects, decreased by 5 percent, in the first 11 months of 2009. In November, it was 7.8...
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The GKI economic situation index improved further
Date: 2010-01-26 00:08:26
The seasonally adjusted value of the GKI economic situation index started the year with a slight rise. The number of those, who believe in increase of the production is the...
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Biofuel is manufactured from the quarter of the American grain
Date: 2010-01-26 00:01:02
Food could be provided to hundreds of millions of starving people, from the grain that serves as biofuel in the United States. The bio-ethanol program also plays a role in...
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Germans purchase, despite bad sentiment
Date: 2010-01-26 00:00:55
According to the survey of GfK; The consumer climate continues to deteriorate in Germany, but the buying mood is improving, thanks to discount prices. The bad mood of consumers is...
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If you already have luxury, show it
Date: 2010-01-26 00:00:33
According to the attitude survey of Synovate, on international luxury goods, the number of those who not only buy, but show their luxury goods is the highest in Hong Kong....
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The main consumer trends in 2010
Date: 2010-01-25 00:04:12
Trendwatching.com, posted its top 10 list of the trends of the new year. The company's network consist of more than 500 observers follows the current consumer trends, all over the...
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Bad Christmas for British retail
Date: 2010-01-25 00:01:25
The British retail sales in last December, increased less than expected, mainly due to price increases. According to the Statistical Office; sales rose by 0.3 percent last month. Experts expected...
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Sixty billion for the SMEs
Date: 2010-01-25 00:01:02
At the beginning of the crisis, 111 billion HUF was transferred to the support of small and medium-sized enterprises – states the Minister of Economy. According to Varga István, 60...
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China may soon be the world's second largest economy
Date: 2010-01-22 00:03:21
China's economy last year grew by 8.7 percent, exceeding initial expectations of the Beijing government. The news was reported by the director of the national statistical office. In the last...
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A revival has begun on the commercial real estate market
Date: 2010-01-21 00:04:22
In the second half of last year, a revival has begun in the majority of the commercial property market, which will continue this year. "In the first half of 2009,...
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Central and Eastern European households – the situation improves slowly
Date: 2010-01-21 00:03:59
The Central and Eastern European households were characterized by steady growth of income for many years. The recent decline in consumer confidence and purchasing habits can be observed, according to...
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The outdoor advertising market lost several billions
Date: 2010-01-21 00:03:21
The outdoor advertising market decreased largely last year: Compared to 2008, 5-6 billion HUF less was spent on billboards, citylight posters and building nets by the companies. The turnover of...
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