Market News
Inflation accelerates in the euro zone
Date: 2011-01-31 11:26:08
Inflation continued to accelerate in the euro zone – reports Eurostat. In January, the 12-month consumer price index value rose from 2.2 percent to 2.4 percent, so Jean-Claude Trichet, President...
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The offensive of the cheap Chinese products to be reduced?
Date: 2011-01-31 11:25:29
It is not necessary to strengthen China's currency, due to the trade balance, because China’s exports increase will decline to 10 percent this year and its surplus will be reduced...
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Let’s solve the egg code!
Date: 2011-01-31 11:18:13
The everyday shopper often stands helpless in front of the supermarket egg shelves. The packaging and the eggs of various codes to indicate the size, location and origin tartásmódot. The...
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Ipsos: unemployment and poverty are major threats
Date: 2011-01-31 05:31:44
A major analysis of world public opinion was released today by Ipsos— one of the world’s largest market and opinion research companies. The report, titled “Ipsos Global @dvisory: The Economic...
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Customer sentiment deteroriating in the USA
Date: 2011-01-31 01:23:03
Rising gasoline prices beat down U.S. consumer sentiment in early January, overshadowing an improved job outlook and passage of temporary federal tax breaks, a survey released on Friday showed. A...
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Half of the Hungarian pig breeders may close
Date: 2011-01-28 16:47:38
In one year, half of the Hungarian pigs may disappear. Today it looks like that half of the pig breederies have to be closed, because they are unable to meet...
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According to analysts, unemployment rate will decline this year, but remains above 10 percent
Date: 2011-01-28 13:21:44
This year, on an annual average unemployment rate may decrease to 10.3 – 10.5 percent in Hungary – say the analysts, adding that the slight increase in the rate in...
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The reforms of the near future will eliminate the need of crisis taxes from 2013
Date: 2011-01-28 12:24:30
The government's reforms will make it possible to avoid the unnecessary crisis taxes after 2012 – told Cséfalvay Zoltán, strategic state secretary of the Ministry of National Economy on a...
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The Minister seeks regular dialogue with the multinationals
Date: 2011-01-28 12:18:56
The government is committed in creating stable and predictable economic and regulatory environment – confirmed Fellegi Tamás, Minister for National Development, at the General Assembly of the Association of International...
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Beer consumption declines for the fourth year in Germany
Date: 2011-01-28 12:16:50
In Germany, a continous decline occurred on the beer market that is lasting for four years now. According to the datas of the German statistical office; in 2010, 98.3 million...
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More and more import melon in the stores
Date: 2011-01-28 12:15:32
Eight years ago, Hungary was the world's fourth largest melon exporter but since then foreign sales have fallen into one-third. Hungary loses the foreign markets of the Hungarian melon continuously...
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Decreasing import duties: the EU would put an end to the banana war
Date: 2011-01-28 12:14:13
The EU is the world's largest banana importer, only producing one-tenth of its needs from banana. The African and the Caribbean banana exporters fighting hard with their Latin American competitors...
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GfK-Ipsos: more people listened to the radio in December
Date: 2011-01-28 00:26:28
In the last month of the year, Hungarian citizens spent a great deal of their time listening to the radio, especially between 7 and 7 in the morning, and 2...
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Central Statistical Office : Hungary stands on the 65 percent of the EU average
Date: 2011-01-27 16:53:35
The Central Statistical Office (KSH) has released the GDP data changes, calculated on the purchasing power parity in terms of the countries of the European Union (EU). The Central and...
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Hungarian Food Safety Authority will help prepare EU MENU
Date: 2011-01-27 16:24:43
The Hungarian Food Safety Authority (MÉBiH) has won the competition of European Food Safety Authority (EFSA). The main goal of the project is to help prepare the EU MENU data...
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Hungary’s food production may significantly increased
Date: 2011-01-27 12:44:08
Hungary’s food production is exceeding the self-sufficiency by 20 percent currently, but this can be increased to 50 percent – said Gyaraky Zoltán, leader of the Food Processing Division at...
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The SME sector is moderately optimistic
Date: 2011-01-27 12:33:06
The pessimism of the recent years begins to subside in the Hungarian micro, small and medium enterprise sector and a growing number of companies believe that their prospects will improve...
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Decreasing optimism in the euro area
Date: 2011-01-27 12:04:49
The European Commission's preliminary economic sentiment indicator shows a declining confidence in the euro area from January: the index decreased to 106.5 points, below the analysts’ expectations. Analysts expected that...
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No chocolate-drama due to end of cocoa-export
Date: 2011-01-27 12:00:01
he article says the internationally recognised president Alassane Ouattara is looking to ban the export of cocoa for a month to put pressure on the incumbent president Laurent Gbagbo, who...
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Measures to be weakened
Date: 2011-01-26 15:15:56
The Hungarian authorities will review the measures taken on last Wednesday that were related to the German meat and meat product imports. In the last few days, dioxin-contaminated products were...
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The rise in unemployment hits the most advanced economies
Date: 2011-01-26 14:40:06
This year, 203.3 million unemployed people, slightly less than last year’s 205 million will be in the world. A substantial number of young people enriches the camp of unemployed –...
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FAO supports strong food exports
Date: 2011-01-26 14:38:16
UN's Food and Agriculture Organization the FAO preserve the producer countries from the introduction of measures, that moderates food exports. According to the communication of Richard China, program development department...
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The poultry sector is suffering fom the lack of feed
Date: 2011-01-26 14:37:42
Recently, more than 70 thousand one day old ducks were strangled, because the fattening did not found feed supplier. Because of the high feed prices a lot of breeders canceled...
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Large Turkish demand for Hungarian cattle
Date: 2011-01-26 14:35:52
A large number of Hungarian cattle is imported by the Turks from Békés county, Hungary. Several types of meat, for example leg, thigh, shoulder temporarily disappeared from the shelves of...
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Serious problems in agriculture due to redmud-catastrophe
Date: 2011-01-26 10:25:00
Devecser, the area affected by the redmud-catastrophe closed a sad harvest: the catastrophe resulted in less than half of the previous year's sunflower and corn – Tibor Kákony, director of...
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2011 is the year of smartphones
Date: 2011-01-26 10:13:28
Smart phones are catching up – 2011 is going to be the year of smartphones according to a new survey by GKIeNet1. Various appilcations make life easier, therefore 15 percent...
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Wal-Mart lowered its prices
Date: 2011-01-26 08:42:39
Wal-Mart Stores Inc., said today it plans to reduce prices on fresh fruits and vegetables as part of a broader effort backed by first lady Michelle Obama to sell healthier...
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Hypermarkets and smaller self-service stores are the most popular
Date: 2011-01-25 16:06:05
When it comes to various factors connected to shop-choice, there is no significant change in Hungary as compared to the previous years. The major issues in focus are quality, freshness...
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Coface had its 15th Country Risk Conference, no change for Hungary
Date: 2011-01-25 16:02:44
On the occasion of its 15th Country Risk Conference, Coface is expecting a moderate slowdown of the global economy. Among the risks to be monitored are the continued tension with...
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The decline in retail has stopped
Date: 2011-01-25 15:16:54
In November 2010, the retail stores – on the basis of the calendary adjusted datas – had a similar turnover volume as a year earlier – reports the Central Statistical...
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