Market News
Hungary jobless rate rises in Q4 2007
Date: 2008-02-01 00:00:00
According to Central Statistics Office, Hungary's rate of unemployment ticked up to 7.7% year on year. Hungary's rate of unemployment came to 7.4% on average in 2007, down by 0.1...
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Drastic price increase at beers
Date: 2008-02-01 00:00:00
According to Imre Sivo, president of Hungarian Beer Manufacturers, the companies can't swallow the high raw-material costs. Last year the malt price growth with 40-86%, the hop became 25-40% most...
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Fast growing on-line shopping all over the world
Date: 2008-01-30 00:00:00
Polling company Nielsen Online surveyed 26,312 people in 48 countries. 86 % of internet users had bought something on-line, 82% of Hungarians either. Nielsen says more than eight out...
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Spring time opens the M1 Outlet & Shopping Center
Date: 2008-01-30 00:00:00
The construction works are ready, tenants develop the shop-front and the instore. Nearby the international cloths brands two new renter, there are two new renters: CBA retail chain and Drogerie...
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EU pressures general labeling
Date: 2008-01-30 00:00:00
Food and drink companies would require to shake up labeling procedures and detail energy, sugar, salt and fat contents on the front of the packages they produce. The European Union's...
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Russia to extend food price freeze
Date: 2008-01-30 00:00:00
Russian food retailers will extend an anti-inflationary price freeze on basic food products to May 1. The freeze on prices for bread, milk, sunflower oil and eggs is designed to...
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Hungary's industrial producer price rose by 1.6% year on year
Date: 2008-01-30 00:00:00
According to the Central Statistics Office (KSH) domestic price inflation came in at 6.2% yr/yr, export index fall 4,8%. Producer prices in the manufacturing industry edged up 0.4% m/m and...
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Food companies must to go greener
Date: 2008-01-29 00:00:00
At least 30% of shoppers look for environmentally friendly products and packages in the US. Fearing retribution from environmentalists that could taint their brands, Kraft and Sara Lee are among...
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Last Sardine Plant in Norway to Close Down
Date: 2008-01-29 00:00:00
A weak dollar exchange rate and lost earnings mean forced King Oscar to finish production. The plant produces more than seven million tins of sardines a year and more...
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Cartelism at plastic packiging plants
Date: 2008-01-28 00:00:00
The Hungarian Competition Authority spys by Linpac Plastic Hungária, Propack and Petruzalek Ltd., one Slovakian and an Austrian company is involved too. Accoriding to Hungarian Competition Authority the within named...
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Dannon to mystify with 'Probiotic' Bacteria in the US
Date: 2008-01-25 00:00:00
The American unit of French group Danone mounting a massive false advertising campaign to convince consumers to pay more for yogurt containing “probiotic” bacteria because of the products' health benefits....
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Coca-Cola Aims to Expand Tea, Looking at Acquisitions
Date: 2008-01-25 00:00:00
The company might buy or make an investment in Honest Beverages, a privately-held maker of Honest Tea. Tea is a priority area," Chief Executive Neville Isdell told Reuters on the...
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(HU) Többmilliós fogyasztóvédelmi büntetés a Norbi Updatenek
Date: 2008-01-24 00:00:00
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(HU) Édesszájú a magyar – tavaly 12 ezer tonna cukorka fogyott
Date: 2008-01-24 00:00:00
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Retail sales decreased 4.2% in November 2007
Date: 2008-01-24 00:00:00
Two prozent less food and 2-2.4% sales fall in hypers and other food stores. The retail sales has been falling since the beginning of the year 2007. The volume of...
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The boom in food prices could last longer
Date: 2008-01-23 00:00:00
The report, published by Bidwells Agribusiness, said it is impossible to know yet whether the agricultural market was facing a structural or a cyclical change. Instead of focusing on the...
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Instore TV- Right message on the right palace
Date: 2008-01-23 00:00:00
In the US there are more than 130,000 locations with over 500,000 digital screens. Broadcasters said these digital networks offer advertisers access to consumers at the point of purchase, measurability...
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(HU) Az eddiginél is szigorúbb fogyasztóvédelmi ellenőrzésekre lehet számítani
Date: 2008-01-22 00:00:00
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China's Retail Sales Of Consumer Goods Up 17%
Date: 2008-01-21 00:00:00
China's retail sales of consumer goods rose 17% to US$1.2 trillion in 2007 from a year ago, compared to a 13.7% increase in 2006. Meanwhile, official data revealed that prices...
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Plastic Bag stop in Poland
Date: 2008-01-18 00:00:00
The Biedronka supermarket chain has announced that it is stopping the usage of plastic bags, and plans to eliminate them from its stores before end-2008. The Polish Environment Ministry approved...
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Rounding errors at 1-2 forint coins withdrawal
Date: 2008-01-17 00:00:00
Gyorgy Vamos, President of Hungarian Trade Association wrote a comment about the problems, that brings the 1-2 HUF coins withdrawal. The President said there are not exactly rules about the...
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Real wages decreased by 4.7%
Date: 2008-01-17 00:00:00
Average gross and net earnings by national concept rose by 8.3% and by 2.9% respectively compared to the same period of the previous year. 2 million 765 thousand persons were...
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From Januar all local business tax breaks and exemptions eliminated
Date: 2008-01-17 00:00:00
In its latest Tax and Legal Alert on Monday, PricewaterhouseCoopers detailed the implications. Due to the requirements of harmonizing Hungarian regulations with Community legislation, local business tax breaks and exemptions...
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Commission encourages development of 'innovative' foods
Date: 2008-01-16 00:00:00
The European novel food regulation could bring the waiting time from around three years to just one for the applicants. This proposal aims to create a more efficient and practical...
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