Market News
No uniform rules for FMCG-packaging exists in Hungary
Date: 2011-01-06 19:04:20
Tere is no fixed consumer protection law for the packaging of various products, including FMCG-products: there are no requirements to indicate data like origin, producer ingredient etc., which may lead...
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Product placement will increase the revenues of TV channels
Date: 2011-01-06 14:01:53
The media act allows product placement from January in a number of television programs, so – despite the fact, that the channels must warn the viewers – it will be...
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The dairy farmers received 25 billion HUF support last year
Date: 2011-01-06 12:50:44
The producers of the milk sector received 15 HUF per kilogrammes support in 201 This amount is almost double of the support of 2009 – said the Ministry of Rural...
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The special taxes may fail
Date: 2011-01-06 12:40:01
According to experts; the taxation of the telekom sector is a clear violation of the EU laws, and problems may occur with the taxes imposed on the hypermarkets, because of...
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In Hungary, there are no dioxin contaminated eggs
Date: 2011-01-06 12:10:51
Hungary did not receive from those import poultry meats and eggs, that were contaminated with dioxin. Holger Eichele, spokesman for the German Ministry of Agriculture told that the dioxin contaminated...
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Eurozone’s retail trade fell unexpectedly
Date: 2011-01-06 12:00:14
Retail sales of the Eurozone showed a decrease unexpectedly in November. A fall occurred in both the food and non food products. The most pessimistic expectations were only about stagnation....
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Ipsos: consumers are optimistic in 2011
Date: 2011-01-05 20:57:58
You can read the latest results of a recent Ipsos survey on the general mood of consumers here: New Years G@16[1]...
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Retail sales may accelerate this year
Date: 2011-01-05 15:24:13
The Christmas season has confirmed the optimistic expectations of the traders. There were several among the big supermarket chains that reached two-digit growth during the Christmas season, but the number...
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GKI-Microsoft: improved competitiveness in Hungary
Date: 2011-01-05 15:10:37
According to the joint survey of Microsoft and GKI Market Research Company; the Competitiveness Index (Vex) decreased in Romania in the third quarter of 2010 compared to the previous quarter....
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FAO: food prices breaking records
Date: 2011-01-05 14:56:09
According to the datas of the UN Food Organization (FAO); the global index indicating the prices of food, increased to record heights. The driving force behind the price increase, is...
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One thousand farms were closed because of dioxin-contaminated egg
Date: 2011-01-05 14:12:34
The European Union calls for Germany to provide detailed information in the case of the dioxin-contaminated eggs. The spokesman of John Dalli, who is EU Commissioner for Health and consumer...
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Obesity is a very expensive endemic
Date: 2011-01-05 13:00:37
According to a December 2010 report; every second EU citizen is overweighted, 15 adult and 20 children out of hundred Hungarians are severely obese in Hungary, the obesity-related professional expenses...
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Investors do not trust in cheap fast food restaurants
Date: 2011-01-05 12:55:04
The cheap fast food restaurants have bad times in the stock markets. Investors believe that due to the improving economy, the turnover of the fast food restaurants will decrease, so...
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New FMCG-related companies turned into top-taxpayers
Date: 2011-01-05 09:28:24
There are twenty top-taxpayers in Kaposvár who have paid 854 million HUF local tax to the town this year, which is 100 million HUF more than last year. There are...
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Export can pull the Hungarian economy this year, domestic demand will also increase
Date: 2011-01-04 13:35:59
All analysts agree that the growth of the Hungarian economy will accelerate this year. The forecasts expext 2.3 to 3.1 percent expansion. The majority believes that export can pull the...
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In 2009 SMEs received 22 billion HUF fresh capital
Date: 2011-01-04 12:29:51
In 2009, 22 billion HUF flown into the SME sector. Only 1.6 billion HUF arrived from new investors, which is roughly the third of the ratio of the previous year....
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Minister Commissioner at the head of the Chamber of Agriculture
Date: 2011-01-04 12:27:01
Fazekas Sándor Rural Development Minister appointed Zöld Sándor engineer-economist as Commissioner of the Chamber of Agriculture. Zöld Sándor will be in charge for the preparation of the Chambers of Agriculture...
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The middle class pulled the luxury industry out of the crisis
Date: 2011-01-04 12:16:59
The luxury industry was able to recover faster than expected, and after the crisis-hit 2009, last year, the turnover increased by 15 percent ie. 1 billion euros, including the services...
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The ISM index expanded further, the world's largest economy is slowly recovering
Date: 2011-01-04 12:10:13
The U.S. manufacturing purchasing manager's index, that indicates the performance of the manufacturing industry increased to 57 points in December, in line with expectations, from the 56.6 points of November....
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The consumer price growth in the euro area broke a two-year record last December
Date: 2011-01-04 12:05:48
According to Tuesday's statement of Eurostat, the EU’s statistics office; consumer prices rose by 2.2 percent in December 2010, compared to a year earlier. Recently such a pace was recorded...
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Product placement will be allowed in the British media from February
Date: 2011-01-04 12:04:08
The Ofcom, which is the independent supervisory authority of the British media, allows the hints in the programs, that are paid by the producer of the product to the program's...
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Here are the funniest product-packages of 2010
Date: 2011-01-04 10:53:34
Most people tend to make their puchased by judging the external qualities of the product, therefore packing and the message it sends is extremely important. Here are the most exciting...
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OKSZ expect increase in consumption for 2011
Date: 2011-01-03 17:30:34
Overall, an increase in consumption is expected in trade in 2011 – told Vámos György, the Secretary-General of the National Trade Association (OKSZ) to MTI. According to him; several factors...
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Dairy farmers will have a hard time
Date: 2011-01-03 13:30:01
Dairy farmers will receive their quota support in January, that is financed by the Hungarian budget and is 6 HUF per liter, which is almost a third lower than the...
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The German Minister of Economic Affairs criticized the special tax
Date: 2011-01-03 13:27:15
The Süddeutsche Zeitung has published a report on the position of the German Minister of Economic Affairs on Monday. Rainer Brüderle criticized the Hungarian government because of the special tax...
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Seven new food-safety requirements in agriculture
Date: 2011-01-03 13:20:45
Besides the existing statutory management requirements, seven new requirements need to be met starting from January this year, within the system of cross-compliance. These are mainly animal and plant health...
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The growth of the manufacturing industry slowed in December
Date: 2011-01-03 13:18:54
In December, the seasonally adjusted value of the Purchasing Managers Index (BMI), became 52.9, which is 1.9 percentage points lower than the data of November – announced the Hungarian Logistics,...
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We will not get away without price increases this year
Date: 2011-01-03 13:15:40
Bread and meat are expected to be more expensive, while from May egg prices will increase also. Petrol may cost 5-6 percent more on an annual level. “Due to bad...
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In 2010 German employment broke all records
Date: 2011-01-03 13:05:33
According to the German statistical office; The country never ever seen so large employment rate. The Average number of the working people was 40.37 million, which is a 197 thousand...
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More people click on Facebook than Google search already
Date: 2011-01-03 12:58:38
Users in the U.S. no longer click the most on Google search engine, but click on Facebook’s community site – shows the web statisstics of Experian Hitwise. According to the...
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