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Where are you going, world economy?
Date: 2014-12-05 10:29:53
The world is afraid that the Fed will increase interest rates. In the Ukraine everything is the same. Europe is suffering because of the Russian sanctions. Europe’s flagship, the German...
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Vodka sales grew, pálinka sales dropped
Date: 2014-12-05 10:26:29
Combined retail sales of the nine spirit categories amounted to more than HUF 40 billion in the December 2013-July 2014 period. Compared with the same period a year before, liqueur...
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The Christmas gift packages reached a nearly four billion HUF turnover at the end of 2013
Date: 2014-12-04 11:50:35
The retail sales of Christmas gift packages containing medicinal products lotions, nonprescription medicines and health care products increased in value and in amount of in November and December last year,...
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The performance of agriculture has steadily expanded this year
Date: 2014-12-04 11:45:46
The performance of agriculture has expanded this year even in spite of last year's high base. In 2013 the role of agriculture was determining in the economic growth, and this...
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KSH: the foreign trade surplus was 939 million euros in September
Date: 2014-12-04 11:37:09
In September, the export value increased by 6.0 percent, while the value of imports increased by 5.5 percent compared to the same period of the previous year. The trade surplus...
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GFK: The fifth of the innovations becomes a successful mass-market product
Date: 2014-12-04 11:34:53
Over the past three years, a total of 41 products and services won the “Product of the Year Award.” Most of the winners came from the fast moving consumer goods...
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How to be cautious when using the internet to buy for Christmas?
Date: 2014-12-04 11:30:12
The popularity of online shopping is slowly but surely growing in Hungary. Most of these transactions are taking place during the Christmas shopping, due to the more and more appreciating...
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The average purchase price of corn and wheat decreased in November
Date: 2014-12-04 11:14:25
In November, the Magro Grain Index (MGX) fell by 14 percent compared to the previous month. The inex that is showing the joint price movement of the Hungarian grains was...
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Better expectations after the summer worsening
Date: 2014-12-04 09:11:40
In September the GKI-Erste economic sentiment index grew a little. Both consumer and business expectations improved a little. After a 3-month decline the industrial confidence index has been rising a...
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Hungarians consume 25 percent more pork in December
Date: 2014-12-03 12:45:31
Hungarian people spend more on pork In December; instead of the usual 2 kilogrammes, they consume 25 percent more, approximately 2.5 kilograms per person – the Livestock and Meat Marketing...
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KSH: the detailed data also showed a GDP growth of 3.2 percent
Date: 2014-12-03 12:20:21
The gross domestic product (GDP) was 3.2 percent higher than a year earlier in this year's third quarter. According to the seasonally and calendar adjusted data the GDP increased by...
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The confectionery market expects the same turnover as in 2013
Date: 2014-12-03 12:00:16
The turnover of the Hungarian confectionery market last year was a little more than 180 billion HUF. The market players expect a similar amount this year is for the industry...
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The economic committee's proposals for tobacco retail act
Date: 2014-12-03 11:45:58
In the future, the tobacco retail supplier can be selected by the relevant minister in three ways, the concession fee fows to thestate treasury – the the tobacco retail law’s...
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The consumer protection authority has started the Christmas controls
Date: 2014-12-03 11:40:45
The consumer protection authority has started the controls associated with the Christmas season – Koszorús László, Deputy Minister of State of the Ministry of National Development (NFH), announced on Tuesday...
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An increase in retail sales in the EU
Date: 2014-12-03 11:37:07
According to the Wednesday statement of Eurostat, the monthly retail sales grew by 0.7 percent in the European Union (EU) in October, after the 1.2 percent decrease of September. The...
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Chamber of Commerce and Industry: offensive behavior to keep the level of Russian exports
Date: 2014-12-03 11:35:16
The Hungarian-Russian branch of the Hungarian Chamber of Commerce and Industry – MKIKI – suggests to the Hungarian government that with offensive behavior the level of exports to Russia can...
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Claessens Group-Agrár protects pigs with a lift
Date: 2014-12-03 10:11:57
With support from the European Union, Claessens Group-Agrár Kft. invested HUF 2.3 billion in expanding its pig farm and stock in Kisbarátipuszta. Somogy County’s biggest livestock farmer spent HUF 1.7...
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The online cash machines have brought fifty billion HUF VAT
Date: 2014-12-02 11:48:29
Roughly fifty billion HUF more VAT was received from those areas of trade, where black market trade was typical before – the Magyar Nemzet wrote. Pankucsi Zoltán, Deputy Minister of...
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Positive Change: New Effie Award for Sustainable Development
Date: 2014-12-02 11:35:12
The Positive Change Effie was born in Davos and is the child of Effie Worldwide and the World Economic Forum. The Positive Change Effie awards the most successful brands that...
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The Nébih has launched a food security mobile application
Date: 2014-12-02 11:18:27
The food security mobile application of the National Food Chain Safety Office (Nébih is available from 1 December. With the new mobile application called Nébih Navigátor, the consumers can effectively...
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An unending work beside the laboratory glassware
Date: 2014-12-02 11:16:49
Ten thousands of plants are grown in flasks currently at one of the country's renowned micropropagation laboratory. The staff of NAIK is worling to provide high quality GMO-free but more...
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Christmas cloth collection for the benefit of the SOS Children's Villages
Date: 2014-12-02 11:12:56
The Pólus Center is organizing a Christmas clothes collection for the benefit of the residents of the SOS Children's Villages. The donations can be delivered to the shopping center’s information...
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Moderate shopping fever during the first weekend of Advent in Vienna
Date: 2014-12-02 11:10:34
The shopping fever was moderate during the first weekend of Advent in Vienna. According to the forecasts, lower sales expected this Christmas season than in last year. According to the...
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Tangible growth in people’s willingness to take out loans
Date: 2014-12-02 09:42:35
The Deloitte-Scale Bank Index surveys consumer willingness to buy, save and take out loans. We learned from the latest edition of the quarterly index that consumers still tend to say...
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COOP’s refurbished website is the strategic pillar of the company’s digital communication
Date: 2014-12-02 09:33:09
In the middle of August retail chain COOP launched its refurbished website. With the new layout and redesign the goal was to communicate price promotions and band innovation efficiently, and...
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Bank card payment – when buying from vending machines
Date: 2014-12-02 09:31:29
Ingenico Group developed iSelf, a device which if integrated in vending machines makes card payment possible. iSelf can be used for contactless card payment, it can read magnetic strips and...
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Pessimistic French consumers
Date: 2014-12-02 05:27:02
While the European average is 64 percent, 78 percent of French consumers think their country is in a state of economic recession. What is more, 74 percent of them reckon...
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The Superbrands and Business Superbrands Council reached their verdict
Date: 2014-12-02 00:32:30
For the tenth time a panel of experts selected the best brands from the several thousand that is present in the Hungarian market – these brands have all earned prestige...
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GKI: economic growth will slow down next year
Date: 2014-12-01 11:35:25
According to the forecast of the GKI Economic Research Institute, teh economic growth will slow further in the forthcoming quarters. The factors contributing to the growth so far – such...
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Safety in numbers: the pálinka of the year
Date: 2014-12-01 11:17:10
2015 is the year of the apple! The distilleries of Hungary have joined forces this year, just kike in the previous years, to prepare the pálinka of the year, this...
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