Market News

KSH: agricultural output stagnated last year

Agricultural production was down 0.3 percent from the previous year due to a 1.7 percent growth in the livestock sector and a decline in crop and horticultural products. The 3.2...

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Analysts have positively surprised with Q4 GDP

Last year’s fourth-quarter GDP figures gave a positive surprise, according to analysts reporting to MTI, but the slowdown is expected to continue this year. According to the first estimate released...

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MNB: Households’ net wealth exceeded 108 percent of the GDP at the end of 2019

Households’ net financial assets increased by 11.7 percent last year to 50,932 billion HUF at the end of the year. Households’ financial assets totaled 61,161 billion HUF, accounting for 130.8...

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The Minister of Agriculture calls for the development of practical solutions to climate change

Climate change is changing, along with environmental, economic and social challenges, all of which require the development of practical solutions – Nagy István, Minister of Agriculture said at the opening...

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EY: the number of cyber attacks can be increased by introducing an instant payment system

After eight months of postponement, the Immediate Payment System (AFR) will be launched in Hungary in early March. With the introduction, new types of frauds can be expected. For example,...

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Consumer sentiment in the United States improved in February

Instead of the deterioration expected by analysts, consumer sentiment in the United States improved in February, according to a standard monthly survey by the University of Michigan. According to preliminary...

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Inflation growth in the Czech Republic accelerated

Annual inflation in the Czech Republic accelerated to 3.6 percent in January from the 3.2 percent of December, the Czech Statistical Office (CSU) announced in Prague on Friday. This is...

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Google Shopping is growing at an alarming rate

Google Shopping is growing at an alarming rate. Accounting for 55% of Google search ad clicks in the US, Google Shopping is a huge traffic-driving source, ultimately increasing earning potential...

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Cognac & Co.

In the last 20 years the consumption of wine-based spirits – cognacs, armagnacs and brandies – dropped. Csaba Mosonyi, marketing director of Pernod Ricard Hungary told our magazine that they...

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KSH: gross domestic product increased by 4.9 percent in 2019

Last year, gross domestic product (GDP) grew by 4.9 percent year-on-year, according to the first estimate of the Central Statistical Office (KSH) published on Friday. Annual GDP growth was 4.3...

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