Market News
Bus-tourism may see a 15 percent increase this year
Date: 2009-06-22 00:22:00
Bus-tourism is more popular than ever all over Europe, and this tendency is already visible in the Hungarian foreign trade trends as well – an article by Világgazdaság states. A...
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European farmers expecting EU to stabilize dairy market
Date: 2009-06-22 00:06:00
European Union leaders called on the European Commission to study how to stabilise the dairy market, and put a halt to falling prices of import dairy products in Europe. Austria,...
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Shrinking expo markets, but it is better than expected
Date: 2009-06-19 00:41:08
The economic crisis affected the exhibitions and the events as well. Less exhibitors, renting less exhibition spaces on fairs and on exhibitions. Downturn was 10 percent so far, however, the...
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Economic Competition Authority enters 'VAT-war'
Date: 2009-06-19 00:34:01
Economic Competition Authority was informed that the from 1 July some retail businesses turned to its suppliers with a call for price reduction. Economic Competition Authority seeks to clarify the...
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Almost 4 billion euros had been disappeared in the German retail market, last year
Date: 2009-06-19 00:18:12
Last year, 3.9 billion euros inventory shortage has been generated in the German retail market. Thieves are responsible for 2 billion euros, but the rest disappeared by the result of...
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Budapest is the eighth most popular Conference venue
Date: 2009-06-18 00:42:37
Budapest moved to eighth place from the former twenty-fourth in the 2008 year ranking of the Union of International Associations (UIA) on the list of the most popular Conference venues....
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Dry batteries must be collected back in stores
Date: 2009-06-18 00:35:14
Many operators of stores and shops, do not know that from 1 July it is obliged to take back the used dry batteries. If a business does not put out...
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Social shops to open in Somogy
Date: 2009-06-18 00:25:03
The first social shop in Somogy will open in Balatonboglár on 26 June. Hopefully, customers can shop from the beginning of July in the social shop of Siófok and of...
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Melon season started this week
Date: 2009-06-18 00:08:47
The high heat sweeten melons, so this year's crop will be tasty, but because of the drought and the scandals of last year's, volume will be less than normal. The...
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Price increase has been stopped in the euro zone
Date: 2009-06-18 00:01:00
According to Eurostat's statistics of inflation, in May 0.0 percentage value was indicated in the 12 monthly consumer price index for the euro zone. On monthly basis, 0.1 percent inflation...
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Only one-third part of the adults are willing to protect the environment
Date: 2009-06-17 00:26:00
Only one-third part of Hungarian adult population, are interested in the environment, as a subject. Similar proportions are those who say they are willing to do, to protect the environment...
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158 thousand businesses in Hungary at the end of 2008
Date: 2009-06-16 00:37:12
New stores were opened in all regions of Hungary last year, with a total of 137 thousand sqare meter basic area. The size of the national basic area has been...
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In case of cartel suspect, they firms have to demonstrate
Date: 2009-06-16 00:28:55
There is no international example of the modification of the Hungarian Competition Act. From now the sued companies have to prove, that their illegal market behavior put less impact on...
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VAT- war between the processors and retailers
Date: 2009-06-16 00:22:50
The National Food Processors Association reported to the Economic Competition Authority that the processors of the chain of stores want to force the supplier firms to a 4-6 percent reduction...
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The Mangalica holders are in advantage – Swinefat is increasing
Date: 2009-06-16 00:08:00
Long time ago fat was the food of the poor. At the moment it is far more expensive than cooking oil. According to market analysts, the oil price rise is...
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Czech retail sales decreasing further
Date: 2009-06-16 00:01:00
For April, the retail sales were decreasing for the sixth month in the Czech Republic. The economic recession and the rising unemployment rate reduced purchasing. The annual retail sales decreased...
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Thirty-two hyper – supermarkets and discounts, and 18 drugstores opened this year
Date: 2009-06-15 00:38:13
The main criterion in the choosing of shops is to find a store where the customers can find everything they need. By the end of 2007, 1016 hypermarkets, supermarkets and...
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Sixty-five percent of the domestic firms has debt that has expired
Date: 2009-06-15 00:31:48
The Marketx Group on behalf of Coface Hungary, examined the risk management practices of domestic firm. An increasing number of companies are affected with debts and their own debts are...
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International meat seminar in Germany
Date: 2009-06-15 00:09:01
The German-based CSB System AG, organises an international seminar linked with a plant visit for the leaders of Meat Companies on 17 and 18 June in Geilenkirchen, Germany. The topics...
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New leader at the Nielsen's Trade Relations Division
Date: 2009-06-15 00:05:29
Since 16 April 2009, Hortobágyi Ágnes (30 years) will be the new leader of Trade Relations Division at Nielsen. Hortobágyi Ágnes joined the Nielsen team five years ago. Before her...
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WTO: world trade is in a worrying situation
Date: 2009-06-15 00:01:00
According to Pascal Lamy, the President of World Trade Organization (WTO), the value of global trade decreased by 9 percent and there are no signs of improvement. "I do not...
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Public sentiment is stable in May
Date: 2009-06-12 00:39:00
According to Nielsen market research company's monthly survey, the consumer confidence index in May stabilized on 40 points, on the same value as it was in April and 3 points...
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Thirty-seven percent of women like to spend their time with purchasing
Date: 2009-06-12 00:29:00
GfK Hungária made a survey about The “typical” Hungarian woman, which shows, the Hungarian women's values, what are they doing in their spare time and what are their shopping habits....
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Increasing sales on the cosmetics and household chemical goods market
Date: 2009-06-12 00:20:00
The retail sales of household chemical goods and cosmetics increased by 3 percent between last May and the April of this year, compared to the previous similar period, with a...
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Increasing inflation in May and on an annual basis
Date: 2009-06-12 00:17:00
In May, the monthly increase in consumer prices was 1.5 percent. Compared to the May of 2008 it was 3.8 percent. In the first five month of this year prices...
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The emmissioning of cafeteria vouchers is a successful business
Date: 2009-06-12 00:01:00
The turnover of the companies emmissioning cafeteria vouchers was billions of forints in 2007. Pre-tax profits were around 50 percent of net sales. The issuers paid hundreds of millions for...
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Law Proposal instead of food code
Date: 2009-06-11 00:33:00
After Economic Competition Authority alleged food code's several details, parliamentary parties will submit a common law proposal on regulating the ethical behavior of food retailers. According to the Economic Competition...
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The consumer expectations improved again in June
Date: 2009-06-11 00:28:00
The seasonally adjusted value of the GKI consumer confidence index increased by 4 points to -64.3 points, after the turning point in May. According to the survey supported by the...
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Drought and hail affects agriculture
Date: 2009-06-11 00:22:00
Because of the weather, the agriculture is in a difficult situation. Food will become more expensive due to the lower production and the ice damage. Price increase might be up...
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Commercial chain would bound VAT increase on food producers
Date: 2009-06-11 00:02:00
Several large commercial chains turned for help to the processors, asking for a discount of 4-6 percent because of the VAT increase. According to Boródi Attila, Executive Chairman of the...
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