Market News
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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Tesco launches match-and-mix deal to save plastic
Tesco has ditched the wrapping on its own-brand juice cartons, water bottles and fizzy drinks in a bid to achieve its sustainability goal of saving 45 million pieces of plastic...
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Three Hungarian companies made one and a half billion HUF investments in the metal industry
The consortium of Csaba Metál Zrt., Csaba Tool Kft. and Droidx Kft. carried out a metal industry investment of one and a half billion forints – the tender writer Prospera...
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The economic index of the GKI slowed down in July, but continued to decrease
In July, the GKI economic index fell to its lowest level in more than a year, not seen since last March. According to a survey conducted by GKI Gazdaságkutátó –...
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Vote for your favorite “Free from products place” for guaranteed discounts!
menteshelyek.hu is a collection of places that offer Paleo, vegan, sugar-free, regenor, milk protein-free, lactose-free, carbohydrate-reduced and gluten-free meals, as well as establishments that manufacture, cater and distribute “free from”...
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KSH: Budapest had the highest employment rate in the first quarter
In the first quarter, Budapest had the highest employment rate of 79.9 percent, and Somogy County the lowest with 66.3 percent – according to the publication of the Central Statistical...
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The Ministry of Agriculture negotiated with insurance companies about drought damage
Feldman Zsolt, the Secretary of State responsible for agriculture and rural development of the Ministry of Agriculture, held a consultation with the representatives of the insurance companies operating in Hungary...
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The German economy fell back
In July, the performance of the German economy unexpectedly began to decline, according to the preliminary results of the survey published on Friday by the London-based S&P Global economic research...
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The performance of the American economy decreased in July
The performance of the American economy decreased in July based on the preliminary evaluation of the purchasing manager index of the S&P Global Market Intelligence economic research institute. In the...
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Ministry of Agriculture: farmers can be exempted from their obligations if they suffer drought damage
Hungary is being hit by a drought on a historic scale, Hungarian farmers are helped by several previously created legal regulations in such a situation, the Ministry of Agriculture told...
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Mihály Varga: it is favorable that Fitch Ratings confirmed Hungary’s rating despite the war crisis
It is good that Fitch Ratings has confirmed Hungary’s classification despite the war crisis and European recession fears, and continues to recommend Hungary for investment with a stable outlook –...
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A scheduled irrigation schedule is established by the National Directorate General of Water
In order to deal with the drought situation, the National Water Directorate General (OVF) is creating a scheduled irrigation schedule in addition to technical interventions, and in order to eradicate...
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