Market News
Fruitveb: the rainy weather was bad for cherry
The rainy weather, especially in Transdanubia, was not good for the cherries, Fruitveb told MTI on Friday. The interbranch organization explained that the cherries are sensitive to precipitation before ripening,...
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Billions of support have been pocketed by a group of investors skilled in modernizing chicken farms
Almost 2.5 billion forints of EU and domestic non-refundable support was pocketed by a group of investors skilled in modernizing chicken farms, the press officer of the South Transdanubia Regional...
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Inflation rose to 16 percent in May in the Czech Republic
In the Czech Republic, annual inflation rose to 16 percent in May from 14.2 percent in April, the Czech Statistical Office said in Prague on Friday. Housing costs, food...
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France is ready to help set up a maritime corridor to promote grain exports
France wants Ukraine’s victory in conflict with Russia and is ready to help lift the blockade of Odessa’s port in southern Ukraine so that grain shipments to Ukraine can reach...
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Glyphosate does not cause cancer, says EU committee
“Based on a wide-ranging review of scientific evidence, the committee again concludes that classifying glyphosate as a carcinogenic is not justified”, the European Chemicals Agency (ECHA) wrote in an opinion...
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(HU) Gazdasági válság van Kínában, mert nincs infláció
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(HU) K&H: a nagyvállalatok szerint évekbe telhet, amíg helyreáll a gazdaság a katonai konfliktus
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(HU) Hatékony home office vagy jogellenes megfigyelés – vékony a határ a céges gyakorlatoknál
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According to a research, the international expansion of Hungarian e-commerce is still in its infancy
The growth of Hungarian e-commerce may be hindered in the long run by the fact that its international expansion is still in its infancy, according to research conducted by GKID,...
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Almost two-thirds of Hungarians pay abroad with a bank card or mobile device
62 percent of Hungarians prefer to pay with a credit card, smartphone or smart watch when traveling abroad, and this is the second place in the regional ranking in terms...
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K&H: shortage of raw materials is a problem for more and more SMEs
Shortages of raw materials have caught up tightly with labor shortages, with 26 percent of small and medium-sized enterprises (SMEs) and 33 percent struggling with the former in the first...
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MATE and Nébih have signed a cooperation agreement
The Hungarian University of Agricultural and Life Sciences (MATE) and the National Food Chain Safety Office (Nébih) have signed a cooperation agreement, the aim of which is to implement joint...
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K&H: Inflationary pressures will not end in Austria
High inflationary pressures will not end in Austria. After 26.0 percent in April, wholesale prices rose 25.1 percent in May from a year earlier. On a monthly basis, the price...
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(HU) Fidelity: Az oroszországi kivonulás költségei
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(HU) ENSZ: A legszegényebbeket aránytalanul sújtja az élelmiszerdrágulás
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FAO unveils new public tool based on agricultural census data
Policy makers and the researchers who advise them now have a powerful new tool. The Food and Agriculture Organization of the United Nations (FAO) is endowing FAOSTAT, the world’s largest...
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(HU) A tévé, ami még kikapcsolt állapotban is hozzátesz az enteriőrhöz
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(HU) Így zárták a 2021/22-es tanévet a tartósan beteg gyerekek
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Consumers react to the inflation by spending less
In April 2022 US market research company First Insight did a 1,000-participant survey on how the biggest inflation rate of the last 40 years, 8.5%, has influenced consumer confidence and...
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OKSZ: Planned windfall tax narrows room for manoeuvre for businesses
At its 27 May 2022 meeting, the National Trade Association (OKSZ) analysed the possible consequences of the government’s planned extra profit tax in the retail sector. OKSZ came to the...
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KSH: prices increased by 10.7 percent on an annual basis
Consumer prices were on average 10.7 percent higher in May than a year earlier, up 1.7 percent in a month, the Central Statistical Office (KSH) said on Wednesday. According to...
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According to the World Bank, the Hungarian economy will expand by 4.6 percent this year
According to the World Bank, the Hungarian economy will expand by 4.6 percent this year, 3.8 percent next year, and 3.4 percent in 2024, according to the global economic forecast...
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Erste Bank: credit demand for small and medium-sized businesses may fall
Demand for credit from small and medium-sized enterprises (SMEs) may fall significantly in the third quarter, Erste Bank told MTI on Wednesday. The financial institution’s SME business performed outstandingly in...
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MNB: the number of card purchases has increased fivefold in ten years
The payment system has undergone tremendous development in the last ten years: for example, the number of POS terminals in operation tripled to 240,000 last year and the number of...
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Survey: The wage demand of Hungarian career starters increased by 29 percent
The average net wage demand of Hungarian career starters was 322,000 HUF, wich is an increase of 29 percent compared to last year, the Zyntern.com job portal told MTI on...
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Factoring providers achieved a 22 percent increase in turnover last year
Factoring service providers achieved a 22 percent increase in turnover in 2021, the Hungarian Factoring Association told MTI on Wednesday. It is explained that the estimated total value of receivables...
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Euro area GDP grew faster than previously estimated
On a quarterly basis, euro area gross domestic product grew at a higher rate than in the preliminary estimate and in the previous quarter, according to a report by Eurostat,...
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The Spanish government would take action against food waste
The Spanish government would legislate against food waste, obliging all actors in the food chain to use and recycle the remaining raw materials and products. Agriculture Minister Luis Planas called...
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The domestic Z generation can also join the fight against counterfeiting
In Hungary, the younger age group mostly buys counterfeits, according to Tárki’s representative research of 2021. And more than half of young Europeans aged 15-24 (52 per cent) said they...
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