Market News
Domestic melon consumption accelerated
Date: 2011-08-24 12:50:11
50 percent of the about 180 thousand tons of the produced watermelons were consumed by the Hungarians this year. Thanks to the successwful watermelon promotion, the domestic consumption increased significantly....
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Milk consumption can increase in long-term, in short term the sector's survival is at stake
Date: 2011-08-24 12:48:29
Although according to the projections; domestic milk consumption can increase in long-term, it is unlikely to reassure the farmers of Somogy county – writes sonline.hu. Expensive feed, surging purchase prices...
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GFK: Schoolbags and notebooks sell well
Date: 2011-08-24 12:29:09
In the current economic situation, a successful season is particularly appreciated, and the start of school is one of these times. The beginning of the school year opens up new...
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More than half of the population would not spend more than 10 000 HUF on school supplies
Date: 2011-08-24 12:26:47
53 percent of the population is not willing to spend more on school supplies than 10 000 HUF, and 50 percent of those asked are waiting for a state support...
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Sales are distributed evenly
Date: 2011-08-24 11:47:38
Spice retail sales grew by 1 percent in April 2010-March 2011, from the previous comparable period. Volume sales were down 1 percent on the HUF 13-billion market. In 2009 manufacturer...
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VAT on food will not reduce next year
Date: 2011-08-23 13:20:45
In medium terms VAT on food, will not be reduced, the case was removed from the agenda of the government – reports Népszabadság. In the spring, the rural development ministry...
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Looking for the cheap, canned beers
Date: 2011-08-23 13:10:07
The big losers of last year were the glass packed, and alcohol-free beers were, but overall, the total domestic beer market was shrinking in 2010, as in previous years. Within...
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Ministry of Rural Development: goose liver at the Anuga is a success for the Hungarian agricultural diplomacy
Date: 2011-08-23 12:50:16
Diplomats in charge for the Hungarian agricultural information gathering and lobbying achieved to remove the ban on goose liver at the Cologne Fair trade – told the Ministry of Rural...
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ZEW-index: German economic sentiment fell
Date: 2011-08-23 12:49:39
In August, a significant deterioration occurred in the economic sentiment in Germany – shows the survey of ZEW. The main index decreased from -15.1 points to -37.6 points (a level...
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More and more fast-food restaurants in Russia
Date: 2011-08-23 12:49:36
The American fast-food restaurants have become a global phenomenon several years ago. China and India continue to be a rapidly developing market, but the industry finds a growing demand also...
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11 percent of the British retail spaces are empty
Date: 2011-08-23 12:45:58
More than 10 percent of the retail spaces were empty at the end of May – told the British Retailers Consortium (BRC) on Monday. The organization's research found that an...
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Cheap Ukrainian wheat can break down the prices
Date: 2011-08-23 12:41:41
The cheap Ukrainian wheat also occured in Hungary, after the traders of the EU applied for permits for the imports of more than 1.6 million tons of grain in July...
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Magazine: margarine plays an important role in shopping frequency
Date: 2011-08-23 10:58:51
Margarine retail sales declined by 3 percent in both value and volume in the April 2010-March 2011 period, compared with the same period a year before. The annual market was...
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Europe-wide srowth slowdown
Date: 2011-08-22 13:40:17
As noted in our Eurozone Outlook update, forward-looking PMI indicators clearly signal a sharp slowdown ahead, including in core economies, as shown by the new-orders-to-inventory ratios in the manufacturing sector,...
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Private pension fund real-returns are in banks
Date: 2011-08-22 13:30:44
A survey carried out on behalf of Budapest Bank and Budapest Alapkezelő found that Hungarian do spend their the real return of their private pension funds, but prefer to place...
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Compensation to Pécs-companies
Date: 2011-08-22 13:15:23
The municipiality of Pécs is willing to pay compensation fee of 45 million HUF to 38 Pécs-based companies which needed to be closed temporarily due to investments of European Capital...
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(HU) A német versenyképesség fenntartásához évi 400 ezer bevándorló szükséges
Date: 2011-08-22 12:35:09
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Magazine: Consumers spread less margarine on their slice of bread
Date: 2011-08-22 11:26:40
– Base material prices have grown like never before and as a result product prices augmented, so a difficult year awaits distributors – says Ágota Puskás, category operations assistant manager...
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HP cutting off PC department may affect upstream supply chain
Date: 2011-08-22 08:22:52
As Hewlett-Packard (HP) decided to perhaps spin off its PC business, which contributes revenues of about US$40 billion, it is becoming more obvious that HP intends to turn its focus...
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Bakers do not plan price increases until the end of September
Date: 2011-08-19 14:15:18
Bakers are waiting for the stabilizing of flour prices, but then the bread may become more expensive if production costs rise. Kurdi András, the President of the Hungarian Bakers' Associatuin...
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Domestic winemakers urging the strict quality control of imported wines
Date: 2011-08-19 13:55:02
Domestic winemakers and the association of farmers ask for the intervention of the Ministry of Agriculture to repel the dubious origin import wines in order to defend the domestic grape...
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Morgan Stanley: the momentum of the global economy decreasing, business and consumer confidence declining
Date: 2011-08-19 13:30:45
Morgan Stanley modified the expected global growth rate for this year from 4.2 percent to 3.9 percent. The correction was made with reference to the not appropriate policy reactions for...
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Without subsidies, the breeding of native species is impossible
Date: 2011-08-19 12:50:21
Despite the expansion of mangalica and gray cattle products in trade, only the support can help the breeders of the local native animals to escape even without losses. Without the...
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Magazine: An increase in prices and more promotions characterised the wet condiment market
Date: 2011-08-19 11:36:39
What is new on the wet condiment market? Well, premium brands managed to evade a significant decline in sales and private labels were getting stronger – only the medium category...
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National product basket for quality and award-winning products
Date: 2011-08-18 14:40:49
The National Consumer Protection Authority (NFH) is scheduled to start its National product basket initiative in October – said Pintér István, director of the organization, at a press conference in...
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Association of Hungarian Bakers: 73 kilograms of bread consumed each year
Date: 2011-08-18 14:10:53
Annually 73 kilograms of bread is consumed per capita – shows the datas of the Association of Hungarian Bakers. Two-thirds the sales volume is still white and half brown bread....
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Domestic beer industry declining since 2007
Date: 2011-08-18 13:10:53
The crisis continued in the beer industry in 2010 – shows the datas of the Hungarian Brewers Association. According to the document, the sales of the largest beer factories decreased...
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Worsening sentiment in the global economy
Date: 2011-08-18 13:09:43
According to the WES survey (World Economic Survey of the Munich-based ifo Economic Research and the Paris-based ICC International Chamber of Commerce; The global business climate index deteriorated in the...
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Green light for fattened goose and duck products at the Anuga in Cologne
Date: 2011-08-18 13:00:36
The event organizer, the Kölnmesse GmbH allows the presence of fattened goose and duck products at the Anuga exhibition in Cologne. The company previously – under pressure from extremist animal...
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Grape growers can get a good price
Date: 2011-08-18 12:50:58
It seems that this year's harvest start with good prices. At the small region of Kiskőrös, 120 forints are paid for fragrant grapes. “Earlier this week, the purchasers came out...
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