Market News
The decline in US rail freight forecasts an economic slowdown
Date: 2016-01-11 11:03:26
Railroad cargo in the U.S. dropped the most in six years in 2015, and things aren't looking good for the new year – Bloomberg summons the analysis of Bank of...
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Swiss retail sales fell sharply
Date: 2016-01-11 11:02:41
Real turnover in the Swiss retail sector adjusted for sales days and holidays fell by 2.1 percent in November 2015 compared with November 2014 (in nominal terms -3.9percent). Real, seasonally...
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Almost no inflation
Date: 2016-01-11 10:44:31
Compared with October 2014, consumer prices grew by 0.1 percent in October 2015. Grocery prices rose 1.7 percent. Seasonal product prices augmented: potato, fresh vegetables and fruits cost 17.3 percent...
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KSH: the value of import increased significantly
Date: 2016-01-08 11:30:02
In November 2015, the value of exports in euros increased by 6.5, and imports increased by 7.7 percent compared to the November of the previous year, while the monthly balance...
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Bisnode: the number of companies continued to decrease
Date: 2016-01-08 11:20:39
Company establishing mood is weakening in Hungary for the fourth consecutive year. As a result in 2015, 16 percent less, about 25 thousand new enterprises were established – the Bisnode...
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BMI: normal year-end weakening
Date: 2016-01-08 11:15:59
The seasonally adjusted value of the Purchasing Managers' Index (PMI) in December 2015 has become 49.1 points. The respondents, compared to November have reported less favorable developments caused by the...
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German retail sales increased less-than-expected in November
Date: 2016-01-08 11:15:26
German retail sales in November were smaller-than-expected – the German Federal Statistics Office, the Destatis announced on Thursday. In November German retail sales increased by 0.2 percent, compared to the...
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MasterCard introduced its smart fridge application
Date: 2016-01-08 11:13:44
MasterCard on Tuesday announced Groceries by MasterCard, a service designed to work with Samsung Family Hub refrigerators shipping this spring. Samsung's newest refrigerators will include an Internet-connected display on the...
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Internet shoppers have problems especially with clothing and electronic products
Date: 2016-01-08 11:13:02
Those who buy on the Internet face problems mostly with clothing and technical products – Kriesch Attila, Director of the European Consumer Centre of the National Consumer Protection Authority told...
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Nézőpont: one and a half times more people are optimistic about the country's future
Date: 2016-01-08 11:12:47
At the end of 2015, almost half (48 percent) of the Hungarians considered that year 2016 will be a good year for the country. In December 2014, only 34 percent...
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The VAT reduction increased Romanian retail sales
Date: 2016-01-08 11:11:49
The volume of retail sales grew by 8.2 percent in Romania in the first eleven months of last year, compared to the same period of the last year – the...
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The NASA would grow potatoes on Mars
Date: 2016-01-08 11:10:17
The experiment, led by the International Potato Centre (CIP) and NASA, is a step towards building a controlled dome on Mars capable of farming the hardy crop -the abc.net wrote....
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Holes in retail’s boat
Date: 2016-01-08 10:11:44
According to a survey conducted by Business Insider, sales of major players in retail such as Macy’s and Nordstrom are slowing down and this reduces the value of company shares...
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Analysts say that growth may continue in retail trade
Date: 2016-01-07 11:59:11
According to the first estimate of the Central Statistical Office, published on Thursday the volume of retail sales in November 2015, increased by 4.8 percent according to the raw data...
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Food-retailing grew by four percent both in value and volume
Date: 2016-01-07 11:42:19
Food retail trade achieved a turnover of around 1,540 billion HUF between December 2014, and November 2015 in the ninety product categories measured by Nielsen; 4 percent more than during...
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KSH: retail sales increased by nearly 5 percent in November
Date: 2016-01-07 11:42:14
The volume of retail sales in November 2015 increased by 4.8 percent according to the raw data and by 4.4 percent according to the calendar adjusted data, compared to the...
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Pork: monitoring system monitors the effects of the VAT reduction
Date: 2016-01-07 11:32:16
The Ministry of Agriculture (FM) is operating a monitoring system to check whether the result of the VAT reduction in January will result in cheaper pork in stores – agrarszektor.hu...
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The producer price of eggs continued to decline
Date: 2016-01-07 11:25:44
After the eight percent drop in November, the producer price of eggs continued to decline in recent weeks, now barely exceed 20 HUF apiece – the Magyar Idők wrote onThursday....
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London analysts: global economic growth is slowing
Date: 2016-01-07 11:22:34
London financial analysts say that the global economic activity is slowing, but last year's year-end data still indicates a decent growth. The latest JP Morgan-Markit global services PMI gauge slid...
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The Eu retail sales rose, while a decrease occured in the euro zone
Date: 2016-01-07 11:20:40
The volume of retail sales decreased in the euro area in November, compared to the previous month, but rose slightly in the European Union. The EU's statistical office (Eurostat) on...
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The European Consumer Centre can help in case of complaints against foreign companies
Date: 2016-01-07 11:15:38
In case of complaints against foreign companies, one can ask for free personalized, professional and legal assistance. Over the last 10 years, the ECCs received more than 650,000 requests for...
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The car purchase plans of the domestic enterprises in 2016
Date: 2016-01-07 11:05:01
2015 brought a recovery on the domestic passenger and commercial vehicle market, although the base was not too high. The average proportion of funding methods planned for 2016 in case...
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The U.S. government recommends to decrease sugar, salt and saturated fat consumption
Date: 2016-01-07 11:03:46
The official advice from the U.S. government has arrived: The U.S. government has released its much-anticipated update to the Dietary Guidelines. The guidelines, which are revised every five years, are...
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Innovation gives momentum to chilled dairy snacks
Date: 2016-01-07 10:44:17
Chilled milk pudding was one of the most dynamically developing categories in 2014. Eszter Varga, trade marketing and category manager of Dr. Oetker Hungary told our magazine that the category...
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Bless you!
Date: 2016-01-07 10:41:54
People are most likely to catch a cold in the October-April period – this is the high season for OTC cough and cold remedies. Judit Török, sales director of Naturprodukt...
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FAO: facts of the world food situation
Date: 2016-01-06 11:59:44
The Agricultural Outlook, 2015-2024, is a collaborative effort of the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. It brings...
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There is a demand for processed food products in Hungary
Date: 2016-01-06 11:55:35
There is a demand for processed food products in Hungary as well as abroad – Kis Miklós Zsolt Minister of State of the Prime Minister's Office told M1 news channel....
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Bread regulation to come
Date: 2016-01-06 11:53:18
The government would regulate what can be sold in the stores as bread – the index wrote. The tightening of rules included in the Food Guide directly affects everyone, because...
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How much pork prices will decline?
Date: 2016-01-06 11:47:48
Due to the VAT reduction, the retail price of pork dropped by 17 percent from 27 to 5 percent from January 1. The trade association predicts that an annual 25...
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MNB: the SMEs were given more than two thousand billion HUF in the loan growth program
Date: 2016-01-06 11:20:40
In the first and second stages of the loan growth program (NHP) a total of 31 thousand enterprises were given advanced financing in a value of more than 2,126 billion...
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