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The ministry would reduce the VAT of food products
Date: 2010-09-28 00:02:28
The Ministry of Rural Development proposes the VAT reduction of basic foods and cereal products – informs the Ministry of Food and Supervision Secretary of State in Bak, Zala County....
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The EU votes on sugar-free fruit juices
Date: 2010-09-28 00:02:20
The European Union would ban sugar from the fruit juices. They would also regulate, that the juices made of concentration could not be marketed as 100 percent fruit juices. In...
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Bread prices may rise permanently
Date: 2010-09-28 00:02:20
In a few months white bread prices may rise up to 30 percent. By the end of the year, around 300 HUF should be paid for a kilogram. The price...
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Russian food price stop to be cancelled
Date: 2010-09-28 00:01:59
The price of foods with social significance will not be frozen in Russia – reports the Russian newspapers on Monday. It is reported, that the participants at the Supervisory Board...
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A new trade war between China and the U.S.
Date: 2010-09-28 00:01:05
China announced that imposes import duty of the U.S. poultry products. According to the communist country, these products are marketed unfair, on dumped price. In the next five years, the...
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The improvement of the GKI sentiment index came to a halt in September
Date: 2010-09-27 00:03:52
The almost continuous and robust growth of the (seasonally adjusted) value of the GKI sentiment index came to a halt in September. According to the latest survey of the GKI...
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Every fifth turkey is exported from Hungary
Date: 2010-09-27 00:01:52
The Hungarian turkey sector constantly loses its position in the last six years, but it is still dominant at the European and even at the world market – states the...
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The new provisions of Pálinka distillation enter into force today
Date: 2010-09-27 00:01:05
The new excise tax rules of own and rented distilling enter into the force on Monday. An annual fifty liters of distillate of 86 degrees for own consumption is tax...
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The new Széchenyi Card Investment Loan started from the 1st of September
Date: 2010-09-24 00:09:55
The Hungarian government plans to support the micro, small and medium enterprise sector in order to recover the economy. With the three element of the Széchenyi Card Program (current account,...
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VEX and UX: The GKI – Microsoft competitiveness and environmental indices
Date: 2010-09-24 00:03:12
The Competitiveness Index (VEX) decreased in Romania, in the second quarter, compared to the previous, while in the other countries increased, with the most in Poland. The business environment index...
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World trade turnover declined in July
Date: 2010-09-24 00:01:25
According to the datas of CPB; World trade turnover decreased by 0.8 percent in July, which suggests that the economic recovery has lost momentum. World trade declined in July, the...
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Illusory retail sales growth
Date: 2010-09-23 00:04:31
The interviewed analysts explain the small retail sales growth of this July, with the increase of VAT last year. The volume of retail sales in July rose for the first...
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Sugar beet production is worth in Hungary
Date: 2010-09-23 00:04:09
The one and only Hungarian sugar factory produces 120 thousand tons of sugar this year, which is more than the quota of the European Union. The Magyar Cukorgyár Zrt. (Hungarian...
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One billion support for the school milk program
Date: 2010-09-23 00:04:01
Compared to this year's 400 million HUF, the government will support the school milk program with over one billion HUF next year, although a few years ago, the support was...
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Smaller apple yield Europe-wide
Date: 2010-09-23 00:01:01
This year, the apple will certainly getting more expensive, because one third of the expected crop was damaged by storms and pests. The are also problems with quality, because a...
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Facing innovations
Date: 2010-09-22 08:00:00
The facial care category managed to grow, but the market share of cheaper and private label products increased in this category too. Branded product manufacturers stepped up their efforts by...
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The food industry was one of the losers again
Date: 2010-09-22 08:00:00
According to KSH, in 13 sub-sectors of the processing industry 9 experienced volume growth. The third biggest sub-sector, food, beverage and tobacco production declined by 5.6 percent because of falling...
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40-percent lemon juice is the most popular
Date: 2010-09-22 08:00:00
Nielsen Retail Index reveals that lemon juice retail sales grew by 4 percent in terms of value in December 2009-May 2010, compared to the previous period a year before. The...
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Beer is on top of promotional products’ ranking
Date: 2010-09-22 08:00:00
Nielsen analyses promotional sales in fifteen food categories in hyper- and supermarkets. Altogether 44 percent of category sales (in value) were realised in promotion in the first half of 2010...
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Manly development on the body care market
Date: 2010-09-22 08:00:00
The body care market can be divided into three categories: shower gels, deodorants and body lotions. In the first two categories versions for men are available in almost as high...
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We continue to spend less on FMCG products
Date: 2010-09-22 08:00:00
In the first half of 2010 households spent 0.5 percent less on FMCG products, compared with the same period a year before, revealed GfK Hungária’s Retail Analyses. This entailed a...
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At half-time
Date: 2010-09-22 08:00:00
If somebody takes a closer look at the selection of wines Hungarian restaurants and wine shops offer, they would think we live in a prospering country with a large middle...
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Hungarian company Scarab is heading to New York
Date: 2010-09-22 08:00:00
Scarab Research of Budapest announced that FreshDirect, the biggest online retailer in New York State would launch a personalised product offering service that uses the Scarab Enterprise system. FreshDirect’s turnover...
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Safety and closeness
Date: 2010-09-22 08:00:00
Condom is one of the few product categories which were able to increase sales recently. László Pusztai, SSL Magyarország Kft.’s Durex category manager told our magazine that a large part...
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‘It is ending precisely now…’ (Part 5)
Date: 2010-09-22 08:00:00
This new, 6-part series by Trade magazin and GfK Hungária Market Research Institute focuses on price trends, pricing policies and consumer expectations in terms of price. The nominal value of...
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It is cheaper at home
Date: 2010-09-22 08:00:00
The summer did not bring the long expected change, markets are shrinking and there is less money to spend. Fewer daily consumer goods are sold and the significance of home...
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The 5 winners of ‘The Heart of the Community’ programme were drawn
Date: 2010-09-22 08:00:00
One institution in Tahitótfalu, Szombathely, Komló, Békés and Szerencs will receive the donations collected as part of ‘The Heart of the Community’ (KÖSZI) programme this spring. CBA and Procter&Gamble set...
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The paper tissue season is about to start
Date: 2010-09-22 08:00:00
Paper products have been expanding slowly in terms of both volume and value. According to Zsuzsa Hunwald, Zewa’ marketing coordinator their products are of basic importance, so sales did not...
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Hungarians are rather optimistic: more of us see a way out of the crisis than last year
Date: 2010-09-22 08:00:00
According to a Nielsen survey conducted in May, Hungarians are more optimistic than the international average: while in 48 countries 21 percent of people said their countries will leave the...
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‘Let us do something for children together’ programme was a success in 2010
Date: 2010-09-22 08:00:00
The ‘Let us do something for children together’ programme ended and HUF 18,482,473 was collected. Danone Kft. has been helping the rehabilitation and healthy eating of children with cancer for...
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