Market News
Import food control will be more stringent
Date: 2010-06-15 00:02:54
According to the plans of the government; import food control will be more stringent. According to domestic processors; this will not reduce the proportion of foreign goods, but at least...
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The supporters of Sunday opening hours have a narrow majority
Date: 2010-06-15 00:02:25
According to the survey of Median; Public opinion is divided in the question if the state would regulate Sunday opening hours. The number of the proposal’s supporters has increased in...
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A surprising reduction in the U.S. retail market
Date: 2010-06-15 00:02:11
U.S. retail sales unexpectedly showed a decrease of 1.2 percent in May, while the earlier data was revised from a 0.4 percent increase to 0.6 percent. Expectations were about a...
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Dynamic export expansion to Asia
Date: 2010-06-15 00:00:25
According to the experts of the Hungarian National Bank; Hungary was the only in the region that was able in the last two years, to increase its export to Asia...
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Consumer confidence is key to the growth in demand
Date: 2010-06-14 00:05:25
According to the survey of Nielsen market research company; Although the turnover of food retail sales decreased, consumer confidence is coming back. Two thirds of Hungarian consumers switched to buy...
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The Pálinka Chamber would consult with the government
Date: 2010-06-14 00:04:25
National Council of Pálinka (Pálinkatanács) initiates consultations with the government, to restore the right over the freedom of Fruit spirit making – said Piros László, vice president of the Pálinka...
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The producer price of eggs decreasing
Date: 2010-06-14 00:04:01
The EU accession caused big losses in the Hungarian egg industry. There is no significant manufacturing behind it, the product largely comes directly from producers to food trade – states...
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The price of waste paper increased by 8-10 fold in Europe within a year
Date: 2010-06-14 00:03:58
All over Europe, the price of corrugated packing materials are increase – states the communication of MAHUSz (Hungarian Association of Corrugated Association). Serious negative change occured in the European corrugated...
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World economy may slower improve than expected
Date: 2010-06-11 00:04:12
The European debt crisis suggests that the improvement of the global economy may be slower than expected in the past – said Sinohara Naojuki, deputy managing director of the International...
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SMEs can apply for two hundred million HUF
Date: 2010-06-11 00:03:59
SMEs can apply for a total of two hundred million HUF in order to improve their competitiveness and expand their capacities until the end of the month and until the...
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Handball is the second most popular sport
Date: 2010-06-11 00:00:55
Nearly 60% of the Hungarian population follows the sporting events. Handball is the second most popular sport in team sports, also a silver medalist on the list of those sports,...
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The Hungarian economy grew slightly in the first quarter
Date: 2010-06-10 00:03:54
The gross domestic product in the first quarter of 2010 increased by 0.1, eliminating the calendary effect by 0.2 percent compared to the same period of the previous year. According...
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Here is the government's 29-point action plan
Date: 2010-06-09 00:05:11
The new prime minister yesterday announced his economic action program in the National Assembly. Stricker food imports testing, abolished “small taxes”, the return of the blue book, free alcohol distilerry....
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Domestic consumption remains weak
Date: 2010-06-09 00:04:01
According to the first estimation of the Central Statistical Office (KSH) export value was 1497 billion HUF (5,649 million euros) while import was 1357 billion HUF (5122 million euros) in...
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Hungarian labor market may accelerate
Date: 2010-06-09 00:03:28
Good news for workers: According to the latest survey of Manpower; compared to the previous quarter, a strengthening is expected on the labor market. Seven percent of the surveyed Hungarian...
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Flourishing Slovakian industry
Date: 2010-06-09 00:01:02
The Slovakian industrial output exceeded 21 percent in April, compared to a year earlier – reported the Slovak Statistical Office on Tuesday. The forecast was 18.8 percent. The Slovakian industry...
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The first quarter brought positive trends in food trade
Date: 2010-06-08 00:17:25
The recovery from the crisis continued in the food retailing of the developed European countries: Turnover increased in value by 4, in quantities by 1 percent in the first quarter,...
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Almost 90 percent of the Hungarian firms do not use e-invoicing
Date: 2010-06-08 00:09:15
According to the international survey of Itella Information; The majority of the Hungarian companies still not use the e-billing options, although the managers of the companies understand that significant cost...
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Wineries may loose 30 billion if the cold comes back
Date: 2010-06-08 00:08:21
Due to the weather caused damages, 1 million hectolitre less wine may be produced in the Hungarian wineries. This means a 30 billion shortfall this year – said Varga Péter,...
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The rain affected the pálinka distilleries badly
Date: 2010-06-08 00:05:08
The largest damage occured in the the strawberry, cherry, peach and sour cherry crop. During the wekend, owners of nearly twenty distilleries talked about the damages of the bad weather...
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The British middle class buys the own branded products the most
Date: 2010-06-08 00:00:05
Not the poorest, but the middle class, purchase the cheapest products of the supermarket chains – at least in Britain. According to the survey; almost half of those, who have...
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From June 2010 drink bottles should be taken back by the shops
Date: 2010-06-07 00:02:59
The government decided on the modification of the packaging and packaging waste treatment 94/2002. number government amendments last year – includes the communication of the National Association of Commerce. According...
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Ipsos: The world's most satisfied local communities
Date: 2010-06-07 00:01:25
The newly published report of Ipsos, reveals how the citizens of 23 countries in the world satisfied or dissatisfied with their living environment. The results showed that the population of...
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The VAT of food products should be reduced
Date: 2010-06-04 00:06:21
As it is very difficult to control the illegal trade, the VAT rate of food products should be significantly reduced, just like in Western Europe – said Éder Tamás, the...
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A drop in retail sales in Europe
Date: 2010-06-04 00:03:28
The retail trade decreased by 1.2 percent in April, compared to March in the euro zone and in the whole European Union – said Eurostat on Thursday. According to the...
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Winemakers want decentralised marketing strategy
Date: 2010-06-04 00:02:55
According to the cluster founded in last November, with the participation of the wine regions of Eger, Bükk, Mátraalja and Tokaj; the wine management was not properly in the past,...
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The census of farmers
Date: 2010-06-04 00:02:21
The Central Statistical Office (KSH) has begun a general agricultural census on the 1st of June. The Central Statistical Office (KSH) wants to give a comprehensive picture of the developments...
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FAO: the price of basic foodstuffs may reduce
Date: 2010-06-04 00:01:02
According to the Thursday analysis of the UN Food and Agriculture Organization (FAO); in the forthcoming months a further decrease may occur in the price of basic foodstuffs. According to...
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The Hungarian buyer became faithless and conscious
Date: 2010-06-03 00:01:45
The recession environment of the past period, started a long-term trend change in the Hungarian households' purchasing behavior. According to the latest research of GfK Hungaria; The importance of prices...
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350-billion trade surplus in the first quarter
Date: 2010-06-03 00:01:35
In March, the trade balance surplus was 653 million euros (172 billion HUF). In the first quarter it was 1.317 billion euros (349.9 billion HUF) – reports the Central Statistical...
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