Market News
Are we good, or are we well?
Date: 2008-06-27 08:00:00
There is a lot of resemblance between business and competitive sport. Results can be measured objectively in both. You can tell right away who is successful and who isn’t. Another...
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AMC waiting for applications for Excellent Hungarian Food trademark
Date: 2008-06-27 08:00:00
AMC is waiting for applications for the Excellent Hungarian Food trademark. The required documentation can be obtained from AMC, or downloaded from the www.amc.hu web site. AMC offers companies qualifying...
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Price of swine also rising
Date: 2008-06-27 08:00:00
Trends in the world markets of meat and poultry are monitored regularly by the Agricultural Business Research Institute (AKI). Data from the Market Price Information System (PÁIR) of KSH and...
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Product for the occasion
Date: 2008-06-27 08:00:00
One of the key words in retail is “occasion”. The nature of the product to be purchased often determines which store is visited by the customer. Occasions like Christmas, seasons...
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Energy drinks still going strong
Date: 2008-06-27 08:00:00
Retail sales of energy and sport drinks totalled HUF 8,3 billion in 2007. This category is among those producing the biggest expansion. Retail sales increased by 60 per cent in...
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Little change in the tourist package
Date: 2008-06-27 08:00:00
According to KSH data, shopping accounted for over half of the amount spent by visitors coming to Hungary for only one day in the first quarter of 2008. Accommodation and...
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Packaging in three steps – part 2: The letter
Date: 2008-06-27 08:00:00
This is something we had to learn. We had about 5,000 years to learn. Even private labels have developed typographic characteristics specific to their category now, which is good if...
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Hungarians Drunk More Milk
Date: 2008-06-27 00:00:00
In the first quater of 2008 the milk consumption grow, but people buy less „light” 1.5% milk and because of price, more 2.9% milk. According to GfK's ConsumerScan research the...
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Domestic sales prices of industry rose by 11.7%
Date: 2008-06-27 00:00:00
Export sales prices of industry, measured in HUF, decreased by 2.2% compared to the previous month and slightly, by 0.1% compared to the corresponding month of the previous year. ...
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New tax stamp for alcohol drinks from July
Date: 2008-06-26 00:00:00
The inspector can control the information on the tax stamps with a laptop and a bar-code reader direct in the store. After the electronic data recording the product's way...
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It isn't worth not to pay the TV tax
Date: 2008-06-26 00:00:00
The penalty is insignificant, but it has no sense therefore to come tax authorithy's horizon. After nowadays rules TV tax must to pay for Hungarian Tax Authority, but first...
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1% fall in EU27's retail
Date: 2008-06-26 00:00:00
For the eurozone countries the decrease was by 2.9% compared with the same month a year ago. According to a Eurostat the highest increases were observed in Romania (18%)...
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In April the domestic retail turnover exceeded HUF 508 billion
Date: 2008-06-26 00:00:00
Compared to the previous month, the volume of retail sales increased by 0.4% according to seasonally and calendar adjusted data. According to calendar adjusted data, the volume of retail...
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EU farm union sees higher 2008-09 cereals harvest
Date: 2008-06-25 00:00:00
European Union farmers should harvest 293.32 million tonnes of cereals in the 2008-09 (July-June) crop year, up from the 254.99 million tonnes seen in 2007-08, EU farm union Copa-Cogeca said....
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Replacing HUF 200 note with coin in 2009
Date: 2008-06-25 00:00:00
The coin would be more practical and safe than the notes that generally need to be replaced every two years. Hungary's Monetary Council has decided on Monday to introduce a...
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German business confidence falls in June
Date: 2008-06-24 00:00:00
The index fell in June, dragged down by concerns over record high oil prices, the closely watched Ifo survey showed. The Munich-based Ifo institute's business climate index fell to...
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Hungarian Egg Producers Association Restricted the Competition
Date: 2008-06-24 00:00:00
On the first stage the Judgment of Capital approved the decission of Hungarian Competition Authority that there was a kartell between the Hungarian Egg Farmers. The association of the Egg...
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UK's Beer Sales Fall To 33 Year Low
Date: 2008-06-24 00:00:00
Thanks to the economic situation, the smoking ban in pubs, the credit crisis and loss of consumer confidence British drunk 1.7 % less. Beer sales in the UK are...
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Food Forgery is Worldwide a Big Business
Date: 2008-06-24 00:00:00
Yearly USD 500 billion comes form food forgery, more than from drug business. From September there is a new act in Hungary against food fakers. According to information came at...
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Hungarian Dairy Farmers to Protest
Date: 2008-06-23 00:00:00
In Mai the procurement price of one liter milk was HUF 80, it is the lowest price, from this farmers hardly can feed their animals, paralel with this cheap import...
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Sampling control in Campona Mall
Date: 2008-06-23 00:00:00
The specialists of „Heatwave Commando” checked food safety and hygenic status of products and services of the shops and restaurants in the mall. The control periode of Heatwave Commando starts...
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The Future's company develops with the assistance of the customer
Date: 2008-06-20 00:00:00
The enterprise of the future is capable of changing quickly and successfully, according to a summary of IBM's findings. “Instead of merely responding to trends, it shapes and leads them....
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Europe to Ban Energy-Wasting Lightbulbs
Date: 2008-06-20 00:00:00
The EU plans to implement a phase-out of incandescent bulbs starting next year. They'll be replaced by long-lasting compact fluorescent ones. The European Commission is preparing a plan for a...
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Freeze against speculative prise increase in Slovakia
Date: 2008-06-19 00:00:00
Slovakian government may freeze the prices of 20 basic food items to shield consumers from unjustified price jumps after the planned euro adoption in January 2009. According to Reuters the...
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Today's youth is more active and mobile as the generation before
Date: 2008-06-19 00:00:00
96% of young people between 15-25 years has a mobilephone, they have more electric equipments than the average. According to GfK Roper Report the today's youth are open minded, ambitious...
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Vietnam resumes rice exports
Date: 2008-06-19 00:00:00
The world’s second-largest exporter of rice allow limited sales and reiterated a limit of 3.5m tonnes of exports for the first nine months of the year. Vietnam this year...
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Hungarians spent less money for clothes in 2007
Date: 2008-06-18 00:00:00
The most popular shopping place were the average clothes shops, but the far-east shops and the buy on the street was also beloved source of supply . According to...
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Retail Sales Growth Better-Than-Expected in the US
Date: 2008-06-16 00:00:00
Sales in every merchant category increased in May. Excluding autos, sales rose 1.2%. Sales of electronics increased 0.7% and sales at department stores jumped 1.2%, the most since March 2007....
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Industrial gross output increased in April
Date: 2008-06-16 00:00:00
The growth was 11.8% compared to April 2007, the index adjusted by working days rose by 6.5%. The volume of the production was higher by 8.1% in the first four...
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Agricultultural products are expensive
Date: 2008-06-16 00:00:00
In April 2008 the producer price level of agricultural products was 32.6% higher than in April 2007. The price level of crops and horticultural products increased by 41.9% while that...
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