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GDP: 7.1 percent decline, with surprising composition

Hungarian GDP developed surprisingly. The stocks have risen for example, as well as the production of the financial and real estate sector. Experts predict smaller degree of economic decline from...

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Global food prices are on a 14-month peak

According to FAO, United Nations’ Food and Agriculture Organization; the global food prices – after a temporary decrease – once again began to increase, and reached a 14-month peak in...

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Superbrands Hungary and the BKIK cooperates

Wiszkidenszky András, the director of Superbrands Hungary and Szatmáry Kristóf, President of the Budapest Chamber of Commerce and Industry (BKIK), agreed that the Chamber will give technical support in the...

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From summer 2010, only one quick loan is available within half a year

As Christmas approaches, the trade loans are popular again. The Financial Supervisory Authority (PSZÁF) alerts borrowers for prudence and foresight. Several financial institutions traditionally became the service provider of the...

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Tokaj from Tokaji – Hungarian-Slovakian wine struggle

The Slovakian Minister of Agriculture asked help from the European Commissioner of Agriculture and Rural Development. Slovakia complains that Hungary changed its brand name Tokaj from Tokaji, this summer. The...

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Christmas not counterweights declining consumption

According to the datas of GfK Hungária; household consumption decreases by about 7 percent compared to 2008, as well as a significant structural change was also witnessed in purchasing of...

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Industrial production increased in September-October

The industrial production is increasing for the second month in October after the decline of July and August. Compared to the previous month, increased by 3.7 percent in September, and...

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Retail may rise again next year

According to the latest study of Cushman & Wakefield's on European retail; The decrease in retail rentals will last until mid 2010, the boom in rents is estimated for 2011....

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Most people worry about air and water pollution the most

According to the survey of the Nielsen market research company; In Hungary the number of those who worry about the climate change also reduced, just like all over the world....

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Further decline can come to the Hungarian labor market in early 2010

According to the datas of Manpower’s international survey; a downturn is expected on the Hungarian labor market in the first quarter of 2010, however, there are signs of cautious optimism....

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Be careful with online shopping!

More and more people are looking for web sites, hoping to find cheaper Christmas gifts. The store sales are not expected to increase, compared with last year. Online shopping, however,...

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Men leave purchase to the last minute

According to the joint Christmas survey of Kirakat.hu store comparision site, and Ipsos Ltd.; People plan to buy fewer gifts for the Christmas this year. The number of those who...

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Less valuable gifts may be under the Christmas tree

Fourty-two percent of the population is planning to spend less on Christmas presents this year, compared to the previous year – shows the survey of Kérdőívem.hu. More than half of...

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Copenhagen climate summit begins

The 15th UN climate summit has started in Copenhagen. On the event lasts until 18th December, representatives of 192 countries will be debating over the new global climate agreement which...

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Holiday from health insurance resources payments

According to Stability Fund Association; It is worth to collect money for the holiday in health insurance funds, because it has a number of benefits. Several catering companies are waiting...

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Declining manufacturing orders in Germany

The German manufacturing orders showed an unexpected fall on October monthly basis, suggesting that the recovery of the largest European economy, is getting slower. According to the seasonally adjusted preliminary...

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One can buy until 2 pm on Christmas Day

The shops can be open until 2 pm on 24th December, on 31st stores will close earlier than usual, at 6 pm. During the Christmas holidays, on 25th and 26th...

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EUFE launched its roadshow for the renewal of high-quality public nurition

EUFE’s (Meal Vouchers Distributor Association) Roadshow arrived to its first stage to Gödöllő. The initiation seeks to promote healthy nutrition and mor variable public nurition. The program aims to encourage...

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EU's GDP increased again

In the third quarter of this year – the first time since January-March 2008 – European Union's economy expanded, compared to the previous quarter. According to Eurostat; The gross domestic...

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London started the Christmas season energetically

Despite the recession, the first major pre-Christmas shopping weekend in London was characterised by spending fever has not seen for two years, where millions of customers stormed the British capital's...

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The crisis does not affect the food deliveries

Food delivery companies do not seem to face a significant downturn. The fast delivery, the changing supply and the energy saved on cooking are enough convincing reasons not save on...

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Winery at the Corvinus University

The Corvinus University of Budapest (BCE) will create a Vine and Winery Institute, in order to further increase the traditionally good quality of the domestic wine education and research, from...

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Decreasing alcohol consumption in Russia

This year, in the January-September period, Russian alcohol sales decreased by 15 percent in volume, compared to the same period of the last year. Vodka consumption has decreased by 15-16...

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Retail in a bad patch

Retail sales continued to fall in August, in terms of volume. Sales turnover of retail stores was down by 4.2 percent in the first eight months of 2009 and by...

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Shrinking real wages

At enterprises employing a minimum of 5 people and at budgetary institutions, gross average wages were 1.3 percent higher and net average wages improved by 1.6 percent in the first...

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Decimating in the sties

There are fewer pigs in the sties than any time in the past 60 years, still their price fell by 15-16 percent in a week. Pig breeders are asking from...

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Foreign trade balance improving

In January-August 2009, the volume of foreign trade was 17 percent lower in export and 23 percent lower in import than one year earlier. KSH’s quick report also states that...

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New recognition: Hungarian Agricultural Economics Quality Prize

Soon a new trademark will appear on the packaging of a few food products: the Hungarian Agricultural Economics Quality Prize honours companies’ efforts to meet quality requirements, thereby setting them...

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Temporary halt among non-alcoholic cold beverages

In the first six months, 10 percent less non-alcoholic cold beverages were bought in Hungary, reveals a joint survey by GfK Hungária and Agrár Európa Tanácsadó Kft. The world market...

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Sensormatic system at NorgesGruppen

Norway’s leading food retail chain, NorgesGruppen equipped its stores with Sensormatic® acousto-magnetic (AM) detection technology in order to cut down on stealth and increase profits. Sensormatic AM labels are smaller...

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