Market News
This is Hungarians prepare for winter
There is gross inflation in Hungarian stores, and there is no end in sight. Not only the prices of basic foods have gone up, but fresh fruit and vegetables also...
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The growth of Swiss watch exports slowed to 8.1 percent in June
Exports of Swiss watches in June this year increased by 8.1 percent, compared to a year before and amounted to 2.129 billion Swiss francs, the Swiss Watch Industry Association (FHS)...
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ALDI overtaked LIDL in being the UK§s cheapest supermarket in June
Aldi has been named as the nations cheapest supermarket in the month of June, beating rival Lidl for the first time in seven months and saving customers over £25. According to the...
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AM: extended control by Nébih in vineyards and large wineries
This year, a new element is being added to the vintage control program that started four years ago. In 2022, in addition to the usual inspections of vineyards and wineries...
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Unilever cost cuts downsizes Magnum Multipack
Consumer goods company, Unilever has made the size of its Magnum multipacks smaller, as inflation continues to push up the price of grocery products. In a bid to mitigate these...
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Coface reported a not very positive situation
In a short time, companies will be able to calculate the euro exchange rate above HUF 400 in their plans, which can throw up inflation. Although it has achieved one...
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Századvég: the European Commission made a significant contribution to the serious energy situation
The business manager of Századvég Konjunktúrakutató Zrt. on the current channel M1 on Wednesday blamed the European Commission for the “marked” part of the serious energy situation. If it were...
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The subsidiary of Delta Technologies has entered the narrow elite of military supply companies
Delta Systems, a 100% owned subsidiary of Delta Technologies, became a certified NATO supplier based on the decision of the Ministry of National Defense. Pursuant to the qualification, Delta Systems...
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TIM: almost all registered students are already working
16-25-year-olds who received government wage subsidies for vacation employment have been able to apply since mid-June and will start working from the beginning of July. So far, 19,312 high school...
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Agricultural experts: the world’s food economy has reached a turning point
Sorry, this entry is only available in HU....
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Magyar Bankholding expects inflation of 11.7 percent this year and 7.6 percent next year
In the coming months, inflation may rise to 11.7 percent this year, and fall to 7.6 percent next year due to price changes, the weakening of the forint, tax increases,...
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EU urged to be at forefront of cultivated meat research and innovation
Europe is at risk of falling behind in the race to commercialize cultivated meat, heard the first ever European Parliament debate about cultivated meat, held on Wednesday 13 July. The...
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Artificial meats can also be expected to gain popularity in Hungary
Due to climate change, depletion of natural resources, mass migration, epidemics, and the Russian-Ukrainian armed conflict, the world’s food economy has reached a turning point. The listed factors, as well...
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(HU) EY: látványosan nőtt a külföldi befektetések száma Magyarországon
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Ministry of Agriculture: sustainability and competitiveness are incentives for agriculture
For the government’s agricultural policy, it is important to create a balance between the economic, environmental and social dimensions of sustainability, the importance of which is also confirmed by the...
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Nébih examined dietary supplements
According to the results of the laboratory tests, the amount of omega-3 fatty acids marked on the packaging was correct for all of the 21 dietary supplements tested, and labeling...
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The idea of closing shops on Sunday came up again
After six peaceful years, the idea of closing shops on Sundays came up again. This time, an employee union came up with the new idea of a somewhat modified Sunday...
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In June, there was another inflation record in the euro area
In June, the annual inflation rate of the Eurozone rose to a new record of 8.6 percent from 8.1 percent in May, according to the European Union’s statistical office Eurostat’s...
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Surprising: price increases can come from an unexpected side
And as the wedding season draws to a close, the rush for the best gifts begins, as many people want to surprise the newlyweds with more than just an envelope....
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Parliament passes 2023 budget
Hungary’s parliament on Tuesday passed the government’s draft budget for 2023, with 135 votes in favour and 54 votes against. The voted unified proposal deals with economic growth of 4.1...
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“While we panic, the animals die” – the drought causes many problems
Due to the drought, there is hardly any fodder in the eastern part of the country, even though the stocks must be replenished in these weeks, which would be fed...
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Paying the wages in euros: in what cases is it possible?
Due to the unpredictable changes in the forint exchange rate, the question may arise more and more often for employers as to how the purchase value of the wages to...
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(HU) A globális élelmezési válságmegoldását sürgetik a nemzetközi szervezetek vezetői
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SZTE researchers have developed a procedure for measuring and predicting drought
Researchers of the Department of Geoinformatics, Natural and Environmental Geography of the University of Szeged (SZTE) have developed a nationally used procedure for measuring and forecasting drought – the public...
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Használtautó.hu: even with constantly rising prices, the demand for used cars is increasing
Despite the constantly rising prices, the demand for used cars is increasing – Használtautó.hu told MTI on Tuesday. According to the announcement, the number of cars imported from abroad increased...
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Onion crop seriously affected by severe weather conditions
Hungarian cuisine is really fond of onion, but this year we well really feel like onion crop getting more and more “hot”, because of severe weather conditions. Although red onion...
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EU research center: almost half of the EU territory is threatened by drought
46 percent of the territory of the EU, mainly the southwestern parts of Europe, is threatened by drought – drew attention to the report published by the Joint Research Center...
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The IMF worsens its global economic forecast for this year
In its July report, the International Monetary Fund (IMF) significantly worsens its forecast for the expected performance of the world economy this year, Ceila Pazarbasioglu, director of the IMF’s strategy,...
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Eight thousand boxes of untaxed cigarettes were seized near Záhony
Eight thousand boxes of untaxed cigarettes were found on a farm near Záhony – the National Tax and Customs Administration (NAV) informed MTI on Monday. The tax inspectors were conducting...
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Croatia was upgraded by Moody’s due to the favorable effects of joining the euro next year
Moody’s Investors Service raised the rating of Croatia’s long-term public debt in foreign currency and domestic currency by two notches to the investment recommendation band. The international credit rating agency...
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