News and articles
Campari acquires French aperitif Picon for 119m euros
Italian drinks group Campari has bought French bitter aperitif brand Picon from Diageo for around EUR 119m. With this deal, the maker of Aperol and Campari strengthens its position in...
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Tesco and Magyar Termék have signed a strategic agreement to promote domestic products
The number of products with the Magyar Termék (Hungarian Product) trademarks in Tesco’s offer will continue to expand, and in order to emphasize the domestic origin and controlled quality, the...
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ÁSZ: In a modern economy, the use of digital technologies is the key to competitiveness
The use of digital technologies in the modern economy is the key to competitiveness, one of the cornerstones of Hungary’s economic growth, the experts of the State Audit Office (ÁSZ)...
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NAV: More than 1,300 cartons of untaxed cigarettes were found at the passengers of an airplane
Employees of the National Tax and Customs Administration seized 1,343 cartons of cigarettes from five passengers traveling on one flight at Liszt Ferenc International Airport, the agency told MTI on...
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Romanian retail sales increased
According to raw data, the volume of retail sales in Romania increased by 5 percent in the first four months of this year compared to the same period last year,...
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Average monthly wages and retail sales increased in the Czech Republic
In the first quarter of this year, average monthly wages in the Czech Republic rose by 7.2 percent to 37,929 kroons (606,864 HUF), the Czech Statistical Office (CSÚ) said in...
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Container ships are already congested in front of German ports
For the first time since the start of the coronavirus pandemic, delays and congestion in container shipping have hit the North Sea. Nearly two percent of global sea container...
Read moreThe European Commission is proposing an EU budget of € 185.6 billion for 2023
European Commission proposes € 185.6 billion annual EU budget for 2023, complemented by an estimated € 113.9 billion grant from the NextGenerationEU Recovery Fund, said Johannes Hahn, European Commissioner for...
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AM: Training educated people is the most important investment in the future
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Green Pledge project The advertising industry is committed to better promoting environmental protection and sustainability in advertising and production
The initiators of the Green Pledge commitment – the Self-Regulatory Advertising Board (ÖRT), the Hungarian Marketing Association (MMSZ) and the Association of Hungarian Communication Agencies (MAKSZ) – are committed to...
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The tech world has been watching Budapest: almost 1,500 developers have festivaled together at the international Craft Conference
Coding innovations, agile team building, modern management tricks and the latest technology trends – all in one place awaited this year’s Craft Conference attendees. At the end of May, the...
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The National Food Chain Safety Agency is ten years old
Food is a product of trust, so the Hungarian food industry can only be successful if this trust is firmly established, said Minister of Agriculture István Nagy on Tuesday, the...
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UN: Food crisis looming, causing instability in dozens of countries
The Food and Agriculture Organization of the United Nations (FAO) and the World Food Program (WFP) have issued a strong warning about a possible food crisis, with conflicts, climate shocks,...
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Retail surcharge, public health product tax changes
On May 25, it was announced that the Government would establish a general defense fund and a national defense fund to cover the costs of overhead reduction and strengthening the...
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EAT-Lancet 2.0: new version of the controversial 2019 report
Scientist from 19 countries have announced last Friday the launch of the EAT-Lancet Commission 2.0, which will update and expand the evidence base for sustainable and equitable food systems change....
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Data and intuition
At the summer meeting of the Trade Marketing Club, participants hear about data-driven intuition by Synetiq from the research side. On the practical side, Szabi, the baker, told his story...
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The special tax could overwhelm stores, with $ 160 billion to be paid this year
The extra-profit tax became an additional tax, as the retail tax for all shopkeepers jumps above HUF 500 million. According to our conservative estimate, the nearly 80 billion retail taxes...
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Inflation in Europe is at a record high
Recent consumption data show that the recovery in meals and holidays is strong enough to offset the weakness in production, while Russia’s invasion of Ukraine and coronavirus variants in China...
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(HU) A négynapos munkahetet már Angliában is bevezették
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Fear of recession breeds EU economic reform
EU economic commissioner Paolo Gentiloni said on Saturday he intended to put forward a reform of the eurozone’s stability pact after the summer, adding that the new rules could likely...
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(HU) A pünkösdi ülésén határozott a kormány: rengeteg különadó jön
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NAK: The period for setting and paying the membership fee of economic organizations has started
The period of setting and paying the membership fee of economic organizations at the National Chamber of Agriculture (NAK) has started, the deadline for paying the membership fee is 15...
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KSH: The turnover of retail stores increased by 15.8 percent
According to the raw data, the volume of retail trade turnover in April this year was 15.7 percent higher than in the same period of the previous year, adjusted for...
Read moreAnalysts expect consumption to increase slowly
Analysts who report to MTI expect a further dynamic expansion of retail sales, according to which consumption growth may gradually slow down in the second half of the year. According...
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Retail sales declined in the euro area and the EU
Retail sales declined in April in the euro area and the European Union on a monthly basis. The European Union’s statistical office, Eurostat, said on Friday that retail sales fell...
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FAO: World food prices fell in May for the second month in a row
For the second month in a row, global food prices fell in May, mainly due to lower prices for vegetable oils and dairy products. According to data released by the...
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Inflation has accelerated in OECD countries
In the countries of the Organization for Economic Co-operation and Development (OECD), consumer prices rose by an average of 9.2 percent year-on-year in April from 8.8 percent a month earlier....
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Producer price inflation has slowed in the euro area and the EU
On a monthly basis, producer prices in the euro area and the European Union accelerated at a record rate of year-on-year. The EU’s statistical office, Eurostat, said on Thursday that...
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IDC: smartphone shipments may fall this year
Global smartphone shipments could drop 3.5 percent to 1.31 billion this year, according to the U.S. International Data Corporation (IDC) IT and telecommunications market research firm....
Read moreMinistry of Agriculture: tender for animal welfare support in the beekeeping sector has been published
The Ministry of Agriculture (MoD) has announced an animal welfare subsidy for bees with a budget of HUF 10 billion, the head of the István Nagy announced in a statement...
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