Market News
Hell operated a special sub-box recycling installation at EFOTT
One of the greatest sustainability challenges of our time is the recycling and recycling of packaging into the economy. A huge amount of packaging waste is also generated at summer...
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AMC: 11 Hungarian organic farmers present themselves at the world’s largest ecological exhibition
At the Hungarian community stand of this year’s Biofach International Bio-Food and Bio-Goods Exhibition, 11 domestic organic farming companies will present themselves in Nuremberg – the Agricultural Marketing Center (AMC)...
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According to AM and Nébih, abuses related to firewood procurement may increase
Wartime energy prices and European energy supply problems also affect Hungary, which is why abuses related to the purchase of firewood may increase – announced the Ministry of Agriculture (AM)...
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GKI: This is the ratio of recycling and the production of environmentally friendly products among domestic companies
GKI Gazdaságkutató Zrt. examined the attitudes of domestic businesses regarding environmental awareness and the sustainability of the companies’ activities based on a representative survey of 964 businesses with more than...
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The IMF forecast is out: GDP growth could be 2.5% this year and 1.4% next year
The International Monetary Fund revised its global growth forecast slightly downwards in a recent publication. The latest edition of the World Economic Outlook shows that the IMF does not expect...
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According to the vice president of the MNB, brutal inflation may stay with us until next summer
Barnabás Virág explained the background of today’s interest rate hike in an online background discussion from three o’clock on Tuesday afternoon. As is well known, the Monetary Council raised the...
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The start of the school year is approaching: that’s why all Hungarians line up at Aldi, Lidl and Tesco
Just over a month and the start of the school year is here. And even the biggest domestic store chains know this, so the dumping starts practically this week, the...
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Unilever hikes prices by 11% in UK due to rising costs
Unilever has increased prices for products including Marmite, Pot Noodle, Magnum and Dove soap by up to 11% as it battles with rising costs throughout the supply chain. The FMCG...
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The deadline for payment of the food chain supervision fee expires this week
The first installment of the 2022 food chain supervision fee must be paid to those concerned by July 31, the obligation can already be fulfilled online – the National Food...
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Even in Western Hungary, the corn situation is becoming more and more worrying
Eastern Hungary has completely fallen on the corn front, and now there are more and more problems with sowing in the west – Petőházi Tamás, president of the National Association...
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Consumer sentiment worsened in the United States in July
In the United States, the consumer sentiment index of the Conference Board economic research institute indicated an expected slowdown in economic growth in July to a greater extent than expected,...
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One of the main dishes of the holiday’s table my be missing this year
Duck is part of the Christmas menu for many people, but the avian influenza has decimated the domestic flock to such an extent that this poultry may become scarce. Last...
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This is how Dutch farmers reacted to the government’s plans
Thousands of farmers gathered in central Holland on Wednesday 20 July to protest the Dutch government’s plans to cut greenhouse gas emissions and thereby expropriate farms. They obstructed traffic on...
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UN World Food Programme Optimistic On Ukraine Grain Export Deal
The World Food Programme (WFP) said it was optimistic about a UN-brokered deal to reopen Ukrainian ports for grain exports but warned the agreement alone will not solve the global...
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This is how you can save a lot on your electricity bill
Those who use really energy-efficient refrigerators and washing machines have already been able to save up to tens of thousands of forints on their utility bills every year, and in...
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Renting out real estate is still the best-known source of passive income
Repeating its previous research from 2017, Profession.hu conducted a representative survey of the Hungarian population on the prevalence of passive income and the motivations behind the activity. The results draw...
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K&H: inflation drives the plans of large companies
Among the factors determining the one-year profitability plans of large domestic companies, inflation has become the most important, according to the K&H large company growth index. This has never happened...
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More and more companies are cutting back on production due to increasing energy prices
Many industrial companies in Germany are reducing production in response to rising energy prices, reports Handelsblatt, referring to a survey published by the country’s Chamber of Industry and Commerce (DIHK)...
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Plant-based meat now cheaper than animal meat in Netherlands
Plant-based meat alternatives have suddenly become cheaper than their conventional counterparts, according to new figures. Compiled by supermarket researcher Questionmark on behalf of the Dutch branch of food awareness organization ProVeg International, the...
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Intrum: after the rising period, the solvency of the Hungarian population decreased
In the second quarter of this year, the value of the Intrum solvency index decreased significantly. The indicator indicating the financial situation of the population fell by 22 percent on...
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Demand on the Budapest office market increased by 10.2 percent in the second quarter
Gross demand on the Budapest office market increased by 10.2 percent in the second quarter, compared to the same period of last year, reaching 108,020 square meters, the Budapest Real...
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Work Force: third-country workforce is key to Hungarian economic growth
Third-country labor is key to economic growth, according to Work Force HR provider. According to the company’s announcement on Monday, dealing with the increasing labor shortage in the physical field...
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US Congress votes to temporarily open up infant formula market
US President Biden has signed the Formula Act into law after passing the US Congress and Senate, suspending tariffs on imported infant formulas and making them more affordable for consumers....
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Ifo’s July German business sentiment index weakened more than expected
In July, the German business sentiment index of the ifo economic research institute worsened more than expected. In a survey by the ifo Institute for Economic Research of the University...
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In July, the economic performance of the Eurozone began to decline
In July, the economic performance of the Eurozone decreased and began to shrink to a greater extent than expected, based on the preliminary data published on Friday of the survey...
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This year’s melon season may end soon
The domestic melon season may end prematurely this year. Although the heatwave favored consumption, the heat caused a serious headache for the producers. However, consumers still do not have to...
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Analysts: mid-year wage increases may maintain the further rise of real wages
Thanks to the mid-year wage increases that try to keep up with inflation, even taking into account the expected strong inflation, real wages may continue to grow in the second...
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Irish Grocery Inflation Hits Highest Level Since 2008
Grocery inflation reached 7.7% in the 12 weeks to 10 July 2022, recording its highest level since August 2008, according to the latest data from Kantar. Consumer spending on take-home...
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Americans store hundreds of thousands of tons of cheese in a cave in Springfield
The United States imports all the cool European cheeses, but at the same time they make a lot of cheese from bulk cheese, telex reports. So much so that more...
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This is how the average price of watermelons changed in Hungary between 2000 and 2021
Between April, May and June 2020, the data collection was paused during the closures due to covid, regardless of this, the change in the price of the popular fruit in...
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