Market News

Economic growth in the euro area was better than expected

Economic growth in the euro area performed better than expected in the first quarter, according to a flash estimate by the European Union’s statistical office. GDP growth exceeded the previous...

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Wholesale prices in Germany rose by a record high in April

Since the beginning of the records in 1962, wholesale prices in Germany have risen the most on an annual basis in April, according to a report published by Destatis on...

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(HU) Elindult a magyar Kickstarter, a Brancs közösségi piactér

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The Chain Bridge Club welcomes: Zoltán Poór, general manager of Puratos – Taste Tomorrow research: New trends on the horizon

At the February Meeting of the Chain Bridge Club Zoltán Poór, general manager of Puratos shared the latest European results of the Taste Tomorrow research with participants. The research series...

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Affordable brand from Amazon focuses on sustainability

Amazon has launched a new sustainably made collection which includes fashion, home, beauty and household products. Amazon’s new brand is available in the USA, Canada and Europe through the retailer’s website....

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(HU) NAV: hamis órákat és rizsbort találtak több Pest megyei boltban

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P&G’s skin care range for eczema and psoriasis returns

P&G Ventures, a start-up investor within Procter & Gamble, has re-launched   Bodewell – a line of skin care products designed for eczema and psoriasis. This range includes products with actives...

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Intrum: the solvency of the Hungarian population improved

The slight increase in the solvency of Hungarian households continued in the first quarter of 2022, based on a joint survey by Intrum and GKI Gazdaságkutató Zrt. The value of...

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AM: Balance needs to be found between climate protection and the competitiveness of agriculture

The direct and indirect impact of compliance with the EU’s climate and environmental goals on the competitiveness of the Hungarian food economy was presented by Juhász Anikó, Deputy State Secretary...

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The Germans are most worried about inflation

The widespread and large-scale rise in consumer prices is a major concern for the population in Germany, according to a survey released on Monday. According to research by international corporate...

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NAV: Forty thousand packs of untaxed cigarettes were found by financiers near Tákos

Forty thousand packs of untaxed cigarettes were found near Tákos in Szabolcs-Szatmár-Bereg County during a roadside inspection of a slow tractor, the National Tax and Customs Administration (NAV) informed MTI...

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Consumer sentiment in the United States deteriorated in May

Consumer sentiment in the United States deteriorated more significantly than expected in May. According to unconfirmed data released on Friday by the University of Michigan’s standard monthly survey, the consumer...

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Formaggi Dalla Svizzera promotes cheese with augmented reality

Swiss company Formaggi dalla Svizzera is launching an augmented reality (AR) project. The b2b and b2c initiative affects more than 2,000 stores in Italy, and features geographical origin protected Emmentaler...

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Energy drinks are in explosive form

György Galántai, sales director of Hell Energy Magyarország Kft. reported to our magazine that energy drink consumption increased in 2021. Despite the hardships in ingredient and aluminium sourcing, the company...

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Magazine: Dr László Szűcs: “Digitalisation must and can be learned”

Trade magazin’s Business Podcast, Future Talks with Szilvia Krizsó continues In the latest episode of the Future Talks podcast Dr László Szűcs, a lawyer with PwC Legal, was Szilvia Krizsó’s...

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Sustainable pig breeding and state-of-the-art technology: animals recieve digital passport

BASF digital technology subsidiary, Cloudfarms, has enhanced its existing production management system for pig producers. It’s new pig passport tool is designed to enable breeding and production farms along with...

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Agricultural purchase prices have jumped

The rise in agricultural purchase prices was strong in March, up 37.4 percent from a year earlier, up 12.5 percentage points from 24.9 percent in February. In the first quarter,...

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KSH: the agricultural census begins

The Central Statistical Office (KSH) will begin the census of more than 20,000 individual farms across the country on Friday; the provision of data is prescribed by a government decree,...

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The pollination subsidy for bee colonies increased to one thousand forints

The government has raised the pollination subsidy to a thousand forints per bee family, Minister of Agriculture Nagy István announced in a post published on his Facebook page on Friday....

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Eight thousand boxes of untaxed cigarettes were found by financiers at Tiszaadony

Employees of the National Tax and Customs Administration (NAV) found eight thousand boxes of untaxed cigarettes during the inspection of the green border in Tiszaadony. In a statement sent to...

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The highest inflation rate of the past 40 years measured in April in Germany

In Germany, consumer prices rose 7.4 percent year-on-year in April, the highest inflation rate in 40 years; an increase of 7.3 percent was recorded in March. According to the final...

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The extraction of shale oil harms the environment

Rising oil prices have once again highlighted the potential of shale oil. In the United States, shale oil has been extracted for about 50 years, but in Europe it is...

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(HU) Már most durva az infláció, a helyzet tovább romlik

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FrieslandCampina invests in third PET line in Belgium

Dutch dairy company FrieslandCampina is installing a new PET line in its production facility in Aalter. It is the company’s third PET line in Belgium and it is part of...

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Without a strong beekeeping sector, there is no strong agriculture

The Ministry of Agriculture has always placed great emphasis on helping Hungarian beekeepers, as without a strong beekeeping sector, there is no strong agriculture, Minister of Agriculture Nagy István said...

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Magazine: Finger food’s conquest

Finger food is a category that keeps developing, thanks to the many areas of possible use and the general diversity. What is more, finger food also fits into basically every...

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Why is the inflation perceived by an individual higher than it is officially measured

There are a number of psychological factors that explain why inflation perceived by an individual is higher than it is officially measured. Official statistics give an accurate picture of the...

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AM: Food security is paramount in every country

A secure, stable food supply is a priority, and achieving it is a top priority for any country; the events of the recent period, the challenges caused by the coronavirus...

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Unemployment in OECD countries fell to 5.1 percent in March

In the 37 member states of the Organization for Economic Co-operation and Development (OECD), unemployment fell to an average of 5.1 percent in March from 5.2 percent a month earlier....

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Inflation in the United States slowed in April from a 41-year high in the previous month

Inflation in the United States slowed less than expected in April from a 41-year high in the previous month, according to a report by the Bureau of Labor Statitsics in...

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