Market News
Hungary is the leader of worldwide spread pessimism
Date: 2010-10-06 00:01:44
According to the research of the International Labour Organisation (ILO); The satisfaction with life in the region, decreased the most in Hungary and in Bulgaria. Beside Bulgaria satisfaction with life...
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Unexpected downturn in the retail trade of the euro zone
Date: 2010-10-06 00:00:59
Instead of the expected growth, the retail sales of the euro zone decreased in August, compared to the previous month. According to Eurostat; a 0.4 percent decrease occurred in the...
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Report from the 12th International Day of Egg
Date: 2010-10-05 00:00:50
Within poultry, egg production became the loser of the accession, the Hungarian egg production decreased by 20 percent. In the first eight months of 2009, 615 thousand less pullets breeded,...
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Food prices on two years peak
Date: 2010-10-05 00:00:49
According to the estimations of the UN Food and Agriculture Organization (FAO); Food prices rose to their more than two years of peak in September, mainly due to the increase...
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The advantages of the whole grinded grain
Date: 2010-10-05 00:00:40
Few people know that the supporters of a balanced diet may be the biscuits and muesli bars, which are easy to purchase and consume. "In fact, the whole grinded grain...
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Internet Alliance for discounted prices
Date: 2010-10-05 00:00:35
Recently, a new form of shopping has began to spread on the Internet. The basic idea is to bring together as many people who want to buy the same product...
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German retail sales decreased further
Date: 2010-10-05 00:00:09
Contrary to the expectations in August a decline occured in German retail sales, following the decrease of July. Even the most pessimistic expectations were about only stagnation. In contrast, the...
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The recovery of retail trade may take two to three years
Date: 2010-10-04 00:00:59
The Hungarian merchant’s turnover declines steadily since 40 months. Finally in July this year a 1.7 percent increase in sales occurred, compared to July 2009. The decrease, however, continues, only...
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Pharmacies have nearly 7 billion annual revenues from the chemicals category
Date: 2010-10-04 00:00:55
According to the Retail Index of Nielsen market research company; in the supply of the pharmacies, chemicals categories are playing an increasing role, reaching nearly 7 billion HUF revenues, between...
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Population growth and urbanization increase the demand for milk
Date: 2010-10-04 00:00:31
The global demographic changes also bring new challenges to the dairy industry. The annual milk consumption of the world’s population increases by about 2.4 percent, while its volume is rising...
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The population of the developing countries enriched in crisis
Date: 2010-10-04 00:00:11
Nearly 600 million people worldwide belong to the middle class. According to Allianz; the crisis decimated especially the giga wealth of Wall Street. The savings between the residents of the...
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The number of credit cards increases in business, but reduces among the population
Date: 2010-10-04 00:00:09
Despite the economic crisis, the number of business credit cards increases, while the number of household credit cards decreases. In the first half of 2010, the number of corporate cards...
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Duck instead of goose
Date: 2010-10-04 00:00:06
In recent years, the duck sector accelerated, gaining mainly the market of geese producers – found out at the professional conference organized on the occasion of the Duck Day on...
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There will be no trade war between two of the world's largest economies
Date: 2010-10-04 00:00:01
“There will be no trade war between China and the United States” – said Timothy Geithner American Finance Minister, after the U.S. voted to use the protective tariffs against China,...
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Ernst & Young forecasts further troubles for Hungary
Date: 2010-10-01 00:01:55
Unemployment is still about to reach its peak next year in Europe, therefore problems of the euro-zone will definitely have a bad effect on Hungary – Ernst & Young published...
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The market of cosmetics and household product has stabilized this year
Date: 2010-10-01 00:01:45
The market of cosmetics and household chemical products has stabilized. Their retail trade turnover in January-August this year, has not changed, compared to the first eight months of last year,...
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KSH: Hungary's growth of export slowed down in July
Date: 2010-10-01 00:01:34
According to freshly published data by Central Statistics Officer(KSH), hungary had a €241 million trade surplus in July 2010, well down from a €564 million surplus in June and a...
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The counterfeit goods caused 900 billion USD damage this year
Date: 2010-10-01 00:01:20
The “counterfeiting industry” is dynamically growing in the world: the damage done is 900 billion USD this year, compared with the 250 billion USD of 2007 – said Simándi Andrea,...
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Expensive grapes might lead to the popularity of cheap low-quality wines on the market
Date: 2010-10-01 00:01:12
One kilogram of grapes costs 70-90 HUF this year, whereas previously this number was never more than 40 HUF. This deplorable situation might lead to the spread of low-quality import...
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The casino-business is not an attraction to investors
Date: 2010-10-01 00:00:30
French hotel group Accor said on Wednesday it was withdrawing its offer to sell its 49 percent in Lucien Barriere after the initial public offering did not attract enough interest...
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GKI: next year the Hungarian economy will increase by only 2.5 percent
Date: 2010-09-30 00:03:55
The conditions of economic growth are worse than previously assumed, therefore, the GKI Economic Research Co. decreased next year’s growth forecast, from 3 percent to 2.5 percent. This year’s forecast...
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The Ministry of National Resources would increase the excise tax of alcohol and cigarette
Date: 2010-09-30 00:03:08
The State Secretary of the Ministry of National Resources, responsible for health issues, would create additional sources for health care from the excise tax of alcohol and tobacco. After the...
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The business sector is confident in the euro area
Date: 2010-09-30 00:03:04
The business sentiment has improved in the euro area in September – said the European Commission on Wednesday. In regular monthly assessment, the Brussels-based body points out, that the overall...
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The best known winemaker of the Great Plains cuts out his grapes
Date: 2010-09-30 00:01:01
One of the best known winemaker of Csongrád County cut out his grapes. Somodi Sándor of Ásotthalom told to Délmagyarország, that viticulture is not worth, but he still continue to...
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The Hungarian leader of the European food committee denies the allegations
Date: 2010-09-30 00:00:01
Bánáti Diána, the Director-General of the Central Food Research Institute (KÉKI) denied to MTI on Wednesday that she lobbied for genetically modified (GM) plants. Bánáti Diána, rejects the allegations which...
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Further milk price increases
Date: 2010-09-29 00:03:29
From the 1st of November, the price of milk and dairy products may increase again, because on the spot market a growing demand occured for raw milk – said Mélykúti...
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The date of durability on foodstuffs will be uniformed
Date: 2010-09-29 00:03:22
After one and a half-year transitional period, the date of durability on foodstuffs will be uniformed. Only the day / month / year order will be valid. The change in...
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GfK: 135 billion HUF on clothing
Date: 2010-09-29 00:03:21
In the first half of this year, 135 billion HUF was spent on clothing by the Hungarians, six percent less, compared to the previous year. Fewer people are buying clothes,...
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More than half of the Hungarian companies are considered as risky partners
Date: 2010-09-29 00:01:20
According to Coface credit insurer; More than half of the Hungarian companies will continue to be explicitly, or moderately risky business partners. This ratio is persistently higher than the regional...
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Aged wine stocks decrease
Date: 2010-09-29 00:00:50
The mountain village of Szekszárd, expects a decrease in aged wine stocks, after in this year is is expected to be less grape harvested in the Szekszárd wine region. In...
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