Market News
Ghost malls in the United States
Date: 2009-05-26 00:02:00
The huge shopping malls established in the 50’s – which are the basic institutions of American consumer society – are empty, their number is decreasing. The groups operating the shopping...
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Cheaper loans for small and medium enterprises
Date: 2009-05-25 00:56:31
Government will allow small and medium-sized businesses to obtain government guarantees 25 percent cheaper, if they do not exceed the amount of credit last year's personal efforts. New chapters have...
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Pessimistic forecast of the Ministry of Finance
Date: 2009-05-25 00:53:34
According to the forecast of The Ministry of Finance, the private consumption decreses with 6-7 percent, exports decreases with 15 percent this year due to the deepening global economic crisis....
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The world's grain production will be lower than last year
Date: 2009-05-25 00:30:28
This year, 5.7 percent less wheat will grow on Earth, compared to 2008. The expected total weight will be 651 million tonnes. Accordingly, the prices are rising moderately – reports...
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During purchasing we take care about packaging
Date: 2009-05-25 00:07:25
According to the investigation of HUMUSZ, the majority of consumers believes that there would be a need of refilled drink packaging the need for the collection of discarded packaging. It’s...
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European economy showing positive signs
Date: 2009-05-25 00:05:55
European economy is showing signs of stabilization after shrinking at the fastest pace in at least 15 years in the first quarter. Markit’s manufacturing index rose to 42.4 this month...
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Internet and GPS, is also necessary to the AKG support
Date: 2009-05-25 00:05:00
From 1 June the new agri-environment support the AKG is available online. For the support the farmers will need a GPS – reports the Hungarian Chamber of Agriculture. The goal...
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EUFE suggest lower taxes for the hot food vouchers
Date: 2009-05-22 00:55:45
According to the Association of Food Voucher Distribution (EUFE) the 32 percent tax rate will result a drastic decline in consumption, therefore proposes a tax of up to a maximum...
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How we can stay healthy
Date: 2009-05-22 00:46:34
According to the recent survey of GfK Hungária: only one-tenth of the population cares about healthy nutrition. GfK Hungária and TÁRKI examined the public health, nutrition and purchasing habits. The...
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Increasing fruit prices
Date: 2009-05-22 00:43:10
The dry weather of the recent weeks reduces the horticultural production, so rising prices can be expected this year. Purchasers and processing plants have to deal with the threatening bankruptcy....
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Improved sentiment in the Euro zone
Date: 2009-05-22 00:03:43
In May, the Purchasing Manager Index has been increased to its eight-month peak exceeding the expectations of analysts and the rate of economic downturn, further decreased in the Euro zone....
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Café or Coffee Capsules
Date: 2009-05-21 00:39:54
The rising Colombian coffee prices do not increase the price of the black coffee in Hungary, it has a marginal role in the domestic merket. In Hungary the price of...
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Chocolate and dog food is crisis-resistant
Date: 2009-05-21 00:25:25
Many products’ turnover can withstand the pressure of economic crisis. It seems that the consumer does not want to give up everyday comfort feeling. Worldwide, it was found that the...
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Decreasing orders in the packaging industry
Date: 2009-05-21 00:03:00
With the drop in the Hungarian manufacturing orders for packaging manufacturers also fell 10-30 percent since January. Despite the decline in orders, the prices of raw materials did not change....
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Guest workers return in large numbers
Date: 2009-05-21 00:01:00
Due to the foreign job losses this year 25-30 thousand Hungarians forced to return home. It is feared that many of them will remain unemployed. According to the datas of...
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Decreasing real wages, but “only” in the budgetary sector
Date: 2009-05-20 00:15:43
According to Central Statistical Office’s most recent report, real earnings and the number of the employed have been decreased. The biggest losers are the employees in the budgetary sector. The...
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Significantly decreasing cereal harvest to be expected in 2009
Date: 2009-05-20 00:10:00
Due to the dry weather cereal harvest may be reduced up to 30 percent, compared to last year’s harvest –said Vancsura József the Chief Executive Officer of National Association of...
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A three year peak in the German economic mood
Date: 2009-05-20 00:03:00
The German ZEW economic sentiment index in May, is, increased 20 points higher than expected to 31.1 points from the 13 points of April. But the subindex reflects on the...
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Shopping malls in Austria – the outbreak of construction fever?
Date: 2009-05-20 00:01:00
Despite the economic crisis, in the next three years, 46 new shopping center are planned to be constructed in Austria. The territory of Austrian shopping centers would increased to 800...
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Fourty percent of the Hungarians adults has bank loans
Date: 2009-05-19 00:36:40
Nielsen market research company's representative survey of April states that Hungarians are less pessimistic of their personal financial situation than in March. Compared to March those who think that the...
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Trade in the euro area has improved in March
Date: 2009-05-19 00:07:00
The balance of trade in the euro area unexpectedly improved in March, due to the fact that exports decreased at a lower rate than imports. The trade balance showed a...
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Cash instead of meal ticket?
Date: 2009-05-19 00:05:00
According to two young Economists of ‘Newagegroup’ (Újkorcsoport) organisation, meal tickets should be given to the workers in cash. Kaderják Dániel and Balázs András stated that the free meal vouchers...
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Satisfied inspectors?
Date: 2009-05-19 00:03:00
According to the spokesman of the National Work and Labor Inspectorate (OMMF) despite the more stringent controls last year, the number of infringements in agriculture did not increase – reports...
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Competition for the retention of jobs
Date: 2009-05-18 00:43:41
A Competitionhas been announced in order to the retention of jobs with a total of 20 billion HUF for micro, small and medium-sized enterprises. The companies wit at least five...
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Who will be the greener?
Date: 2009-05-18 00:20:40
Students of a Salgótarján school won the “Who will be the greener?” waste deposit competition. The hard-working students’ reward will be a half a million forint excursion thanks to Tesco....
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Decreasing producer prices in agriculture
Date: 2009-05-18 00:08:11
The producer prices in March decreased by 26.8 percent compared to the same period to the previous year’s – states the quick briefing of the Central Statistical Office. The price...
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Suspicion of carteling in the sugar industry
Date: 2009-05-18 00:03:00
A number of sugar companies, are under investigation for the suspiction of carteling by the Economic Competition Authority. According to the Economic Competition Authority the alleged agreement could limit the...
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Crisis helps Hungarian wines?
Date: 2009-05-15 00:49:00
The difficult economic situation valorises domestic tourism, foreign tourists also choose closer locations instead of exotic trips. If they are visiting our country, they surely taste local wines – believe...
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Taxation of the meal vouchers would be a handicap for everyone
Date: 2009-05-15 00:42:00
Two and a half million workers, and every fourth restaurant would be affected by the taxation of a meal vouchers –states the Food Distributors Voucher Association (EUFE). According to the...
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Hungarian pork price increases
Date: 2009-05-15 00:19:00
The remainder of the year the price of pork can increase up to 10-15 percent. The increasing import and the surplus accumulated in the EU, can reduce prices. Slaughterhouses bought...
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