Market News
German retail decreased by nearly 1 percent
Date: 2010-08-02 00:02:01
On a monthly level, German retail sales decreased greater-than-expected in June. The experts expected a 0.2 percent decline, instead of the 0.9 percent decline. Compared to last June, sales increased...
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Polish VAT will be 23 percent
Date: 2010-08-02 00:00:01
The Polish government plans to raise VAT by 1 percentage point to 23 percent from 2011 for three years. Prime Minister Donald Tusk, expects an annual 1.8 billion euros additional...
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Mineral water is the winner of the changing drinks market
Date: 2010-07-30 00:06:01
According to the analysis of Equilor Investment Co.; The world’s drinks market is transforming: consumers are looking for healthier products each year, which mainly benefits the mineral water producers. From...
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Nielsen tested Internet drug orders in 55 countries
Date: 2010-07-30 00:05:55
According to the online survey of the Nielsen market research company made in 55 countries, including Hungary; Among Hungarian customers, the web orientation after drugs and medicinal products plays a...
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The OKSZ does not understand the protest of the union
Date: 2010-07-30 00:03:29
The National Trade Association (OKSZ) is surprised, that the Independent Trade Union of Commerce Workers objects the salaries of cashiers working in commercial areas. The union complains that the cashiers...
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GfK: fruit juices and soft drinks market decreases
Date: 2010-07-29 00:04:55
According to the datas of GfK Hungária; In the first third of 2010 the non-alcoholic cold drinks purchases of the Hungarian households declined. We purchase less from both fruit juices...
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1000 billion to the SMEs until 2014
Date: 2010-07-29 00:04:12
According to Minister Fellegi Tamás; the Government's aim with the Széchenyi Plan is to send the national and EU combined resources to the small and medium-sized enterprises (SMEs) rapidly and...
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Unemployment rate decreased, compared to the first quarter
Date: 2010-07-29 00:04:03
The unemployment rate in the second quarter of 2010 was 11.1 percent. This is 0.7 percentage points lower, compared to the previous quarter, but 1.5 percentage points higher than a...
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Slovak shopping tourism to restart
Date: 2010-07-29 00:04:02
With the deterioration of the forint, the Slovakian buyers returned to the Hungarian stores. According to Új Szó, Slovakia's Hungarian newspaper; mainly fruit, vegetables, building materials and clothing are purchased...
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U.S. consumer confidence decreased
Date: 2010-07-29 00:03:02
The U.S. consumer confidence index in July decreased to a level has not seen since February, mainly because of the concerns for the labor market. The index decreased to 50.4...
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Contrary trends in the Hungarian economy
Date: 2010-07-28 00:05:11
According to the summary of the Central Statistical Office (KSH); two opposite processes took place in the Hungarian economy in the first five months of the year: while industrial production...
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Ice cream distributors do not expect much from this year
Date: 2010-07-28 00:03:25
According to the traders; ice cream consumption is reducing: this year's hot days may broke a record, but on an average annual consumption, it is conceivable that less ice cream...
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The European Union dislikes the free pálinka distillation
Date: 2010-07-28 00:02:01
Several European Union bodies objected against the rule mitigation of the pálinka distillation in Hungary – said Piros László, Vice-President of the National Pálinka Council (PNT). According to Piros, it...
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Fewer loans are channeled to firms
Date: 2010-07-28 00:01:35
According to the datas of the European Central Bank; the size of loans granted to European firms decreased by 1.9 percent in June. With the exception of the banks and...
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The chips before big price increase
Date: 2010-07-28 00:00:55
Chips are indispensable accessories of house parties, watching films. German specialists predict a high jump in the price of chips. The price of chips may increase, due to the drought...
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Russia once again accepts the American poultry
Date: 2010-07-28 00:00:02
The U.S. Department of Agriculture, after a seven-month ban on poultry exports, allow the poultry exports to Russia, which was previously the largest outlet of this American product. Russia originally...
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The downturn of retail continues
Date: 2010-07-27 00:06:01
The retail sales volume – adjusted from the calendar effects – in the first five months of this year – also in May – both decreased by 4.7 percent, compared...
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The Company managers are fearing from newer recession
Date: 2010-07-27 00:05:59
According to the survey of Economist Intelligence Unit (EIU); One-third of the surveyed 680 executives marked the newer recession as the main concern of the next half year. Fearing from...
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Secondary controls
Date: 2010-07-27 00:04:02
The secondary conrols of food put undue administrative burden on the food distributors and it is doubtful whether its reaches its goal – say several food distributors to MTI. "It...
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The luxury brands are expanding
Date: 2010-07-27 00:02:01
The luxury brands were the most active last year on the global retail market. According to the survey of CB Richard Ellis; the luxury brands expanded the most in the...
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Hungarian companies with Slovak head office may return to Hungary
Date: 2010-07-27 00:01:39
With the extension of the 10 percent corporate tax, the domestic business environment will improve. Thus, it is not impossible that the Slovakian companies will choose Hungary – said Dávid...
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Improving business, deteriorating consumer expectations
Date: 2010-07-26 00:03:02
In July, the seasonally adjusted value of GKI’s economic activity index remained unchanged The value of the GKI consumer confidence index increased sharply after the low point of April 2009...
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The climate protection would bring economic recovery
Date: 2010-07-26 00:02:25
The EU's ambitious climate protection objectives may result in new jobs and green economic recovery. According to the climate report of the European Commission; the reduction of greenhouse gases would...
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Flour is getting more expensive
Date: 2010-07-26 00:01:59
Due to the heat, flour and feed prices increased in the recent weeks, but bread prices are expected to remain the same, due to the unchanged energy and labor costs....
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Commercial chains to conqer Croatia
Date: 2010-07-26 00:01:25
A dozen of international trade supply chain will open stores in Croatia in the near future, some brands overtook other European countries with their appearance. According to Croatian press reports;...
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Credit cards shine in their past light
Date: 2010-07-26 00:00:59
Credit card owners, after the end of the crisis pay their debts more precisely and also spend more, which can already be seen in the profits of the world's largest...
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Euro area’s industrial orders show great optimism
Date: 2010-07-23 00:04:21
The largest increase of the last ten years occured in Euro area’s industrial orders, this May. The Eurostat – the EU's statistical office – published its datas over the euro...
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Eco-innovation project for SMEs
Date: 2010-07-23 00:04:18
The Small and Medium Enterprises can submit their applications until the 9th of September for the European Union's Eco-innovation competition – states the Ministry of National Economy (NGM). The European...
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Lack of capital all around the world
Date: 2010-07-23 00:04:15
The foreign capital investments, after the 15 percent decline of 2008, last year decreased by 40 percent worldwide – said Simai Mihály Professor of MTA’s Institute for World Economics. He...
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Smaller traffic – less fake
Date: 2010-07-23 00:04:12
Due to the decline in international trade, less counterfeit goods were marketed in the European Union. According to the communication of Brussels, the volume of counterfeit goods declined by one...
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