Market News
NGM: retail continues to grow for 37 months
Date: 2016-09-05 11:45:49
Retail are continuously growing for more than three years. The annual voulme of retail trade increased by 4.9 percent compared to last year's January-July period – the Deputy Minister of...
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Depressed prices on the honey market
Date: 2016-09-05 11:31:59
Less than average honey was produced this year, but the purchase price is still low. The Hungarian beekeepers are selling the honey on depressed prices and want EU action against...
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The state provides support to the connecting of the food and beverage vending machines into the online system
Date: 2016-09-05 11:30:36
According to the Economy Ministry's decision state aid will be guaranteed to the connecting of the the food and beverage vending machines into the online system – Varga Mihály, Minister...
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The proportion of lactose-free products is increasing
Date: 2016-09-05 11:14:47
The growing sales shows that buyers today are not only choose organic foods because of health considerations – Magyar Nemzet Online wrote. Although, more and more Hungarian suppliers can be...
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The performance of consumer markets in the EU continued to improve
Date: 2016-09-05 11:11:56
The performance of consumer markets in the European Union continued to improve, however, there are still serious differences between the individual Member States – according to the European Commission’s report...
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Hungary and Romania to coordinate agricultural diplomacy
Date: 2016-09-05 11:10:20
Hungary and Romania will coordinate their agricultural diplomacy efforts in the planning and shaping of the EU’s agricultural policy (CAP) – Fazekas Sándor, Minister of Agriculture and Achim Irimescu Romanian...
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India and China may also introduce VAT
Date: 2016-09-05 11:03:33
The Value Added Tax (VAT) originally comes from France. India introduces the VAT next year, while China is switching to the new system these days – Magyar Nemzet Online wrote....
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Retail sales increased by 1.6 percent in the Czech Republic in July
Date: 2016-09-05 11:02:21
In July, retail sales increased by 1.6 percent on an annual basis in the Czech Republic – the Czech Statistical Office announced on Monday in Prague. Compared to the 6.3...
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Scientists may found the substitute for cocoa beans
Date: 2016-09-05 11:02:10
Those who are addicted to chocolate will be happy; scientists may have found a way to solve a potential impending shortage of cocoa – privatbankar.hu wrote. Scientists may have found...
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Investor sentiment improved in the euro area
Date: 2016-09-05 11:02:06
The improved sentiment index of September reflecting the finish of the Brexit-effect – according to the Sentix investor survey. In September, the investor sentiment index of the Sentix economic research...
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Art for shopping
Date: 2016-09-05 10:00:20
Several works of art from the Louvre-Lens museum of fine arts have been exhibited in the Auchan hypermarket of Noyelles-Godault in France. The store manager hopes that the 60m² exhibition...
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Greek chain about to go bankrupt
Date: 2016-09-05 09:58:04
Marinopoulos Group, the company that operates Greece’s biggest supermarket chain, has temporarily been granted protection from its creditors by the Athens court. Marinopoulos Group supposedly owes EUR 500-700 million to...
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This year's vintage will be good
Date: 2016-09-02 11:30:11
This year's vintage will be quantitatively mixed, but will have a good quality – these are the first experiences of this year's harvest – according to the growers and winemakers'...
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The government would whiten the drink and snack vending machines market
Date: 2016-09-02 11:27:40
The government would whiten the drink and snack vending machines market from the illegal market participants. The technical details of this regulation were published in Friday's issue of the Hungarian...
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KSH: The revised data show an even larger trade surplus in 2015
Date: 2016-09-02 11:25:35
In 2015, exports reached 79 million euros, while imports were 556 million euros less than the known 90.539 and 82.421 billion euros. Last year's trade surplus is 477 million euros...
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FM: the School Fruit and Vegetable Program continues
Date: 2016-09-02 11:18:40
The School Fruit and Vegetable Program continues this year to provide healthy fresh fruits and vegetables to the schoolchildren in the school year – the Minister of Agriculture told M1...
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The private sector improves the employment
Date: 2016-09-02 11:09:57
According to the senior analyst of the K&H Bank mainly the private sector improves the employment data, but further improvement will be slowed by the fact that it increasingly difficult...
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A new public catering institution was handed over in Tahitótfalu
Date: 2016-09-02 11:05:03
A kitchen-dining complex suitable for the production of six hundred portions of food began operations with two hundred seats in Tahitótfalu, Pest County; the greenfield project is the largest own-funded...
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Drugstores’ share in sales increases further
Date: 2016-09-02 10:53:18
Toothpaste: last year toothpaste was sold in a value of more than HUF 13 billion. Like-for-like value sales were up 3 percent but volume sales dropped 1 percent. Drugstores’ share...
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The online sector accelerates
Date: 2016-09-01 11:45:19
The domestic online retail continues to grow steadily. The market closed the first half of this year with a 18 percent increase. According to joint Online Retail Index survey of...
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Madosz president: good tobacco crop is expected this year
Date: 2016-09-01 11:33:27
Slightly better quality tobacco crop is expected this season compared to the previous years – the President of the Hungarian National Association of Tobacco Growers (MADOSZ) told MTI on Thursday....
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NFM: “the school learning consumer awareness” application has been launched
Date: 2016-09-01 11:30:46
The application for “the school learning consumer awareness” has been launched – Keszthelyi Nikoletta, Deputy Minister of State of the Ministry of National Development (NFM) told M1 news channel on...
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KSH: trade surplus is above one billion euros in June
Date: 2016-09-01 11:20:52
In June, the reported export value in euros increased by 4.9 percent while the value of imports increased by 1.8 percent, compared with a year before. The trade balance surplus...
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Coface: Hungarian companies achieved the highest growth among the regional companies
Date: 2016-09-01 11:11:08
The Central and Eastern European region's five hundred largest companies last year generated revenues of 593 billion EUROS, which is a 4.2 percent increase in an annual comparison. According to...
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FM: the hail response system is expanding to nationwide
Date: 2016-09-01 11:10:35
The government will extend the already successfully operating hail response system in several counties to the area of the entire country – the Ministry of Agriculture told MTI on Thursday....
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The Nébih closed an illegal grocery store
Date: 2016-09-01 11:02:56
The National Food Chain Safety Office (NÉBIH) closed an illegal grocery store during its last control – the authority told MTI on Thursday. According to the information of the National...
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Close to 170 million HUF worth smuggled cigarettes were found in a truck
Date: 2016-09-01 11:02:27
The finance guards found nearly 170 million HUF worth smuggled cigarettes in a truck that was seized as well as the tobacco products. The driver with Hungarian-Ukrainian citizenship was questioned...
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K&H Bank: SME loans increased by 8 percent
Date: 2016-09-01 11:01:16
K&H Bank's small and medium enterprise (SME) business branch increased by 8 percent in this year's first five months – Rajna Gábor, director of K&H responsible for bank sales networks...
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Magazine: Protect your mouth!
Date: 2016-09-01 07:50:20
In oral care it is very important to use products that contain natural ingredients and do no harm to the teeth and the oral mucosa. Dr. Theiss has found a...
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Dairy Product Board: turning point in the dairy sector
Date: 2016-08-31 11:50:31
Trend turning point occured in the dairy sector in recent times. The declining trend of prices has stopped and a price increase started in the market – the chairman of...
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