Market News

CIB: GDP could grow by 4-5 percent this year

The Hungarian economy may expand at a rate of 4-5 percent this year, despite the expected inflation rate of around 10 percent, a senior analyst at CIB Bank told at...

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The role of video marketing in sales is growing

We also witnessed the overwhelming explosion of online commerce in Hungary: in 2020, the e-commerce sector in Hungary expanded by 45%, and then by another 30% last year, and soon...

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(HU) BMI: Visszafogott bővülés májusban

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The companies of the OKSZ member have prepared their first food rescue plan

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Profession.hu: The challenges of returning to the office and the employer’s answers to them

Two years ago, the forced and rapid introduction of the home office posed a challenge to employers and their employees, and now returning to the office is putting both sides...

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Magazine: Gin’s big bang in bars

Hungarian gin drinkers care about quality: the sales growth was the biggest in the premium and super premium segments in the last year – informed Sára Palcsó, marketing director of...

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New Zealand dairy farming’s water use under scrutiny

New Zealand is facing new questions about the impact of its dairy system after research claimed that every litre of dairy milk produced in Canterbury can require up to 11,000...

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Minister of Agriculture: Agricultural investment increased by almost 20 percent

Developments in agriculture and the food industry picked up significantly in the first quarter, said Minister of Agriculture Nagy István. In a statement issued by the ministry on Tuesday, the...

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TIM: teleworkers can be given 20,000 HUF reimbursement

From June 1, emergency measures related to telework will rise to the legal level. Perpetual regulation provides a wider range of opportunities for teleworking in the competitive sector. The large...

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According to a research, Hungarians pay attention to finances

Hungarians pay attention to their money, do their shopping carefully, see what they buy for what and for how much, look for favorable, special offers – according to a survey...

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Record inflation in the euro area in May

Inflation in the euro area rose to another record high in May, according to a report released on Tuesday by Eurostat, the European Union’s statistical office. According to preliminary data,...

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(HU) Országos gyermekelhízási programot indít a Magyar Dietetikusok Országos Szövetsége

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(HU) Megnézik az árat, keresik a kedvezményeket a magyarok

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Magazine: The picture is getting clearer

Viktória Müller, Unilever Magyarország Kft.’s brand manager told our magazine that demand increased for cleaning products with a disinfecting function. “Branded products have improved their performance, as shoppers trust these...

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Green deal is not dead, Czech agri minister states ahead of EU Presidency

The Green Deal must remain a key priority of the agricultural sector in spite of the war in Ukraine, according to Czech agriculture minister Zdeněk Nekula, who is preparing to...

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The extra-profit tax narrows the room for maneuver of businesses

At its general meeting on May 27, 2022, the National Trade Association reviewed the expected consequences of the introduction of the extra-profit tax announced by the government a day earlier...

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Agriculture is a guarantee of food supply

The spring agricultural work has been completed, and it is reassuring that the sown areas have increased, said Minister of Agriculture István Nagy at the 30th anniversary event of the...

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KSH: investments grew by 8.7 percent in the first quarter

In the first quarter of this year, the volume of investments increased by 8.7 percent, compared to the same period of the previous year and by 3.2 percent, compared to...

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With enough rainfall, this year’s corn crop could even break a record

Last year was not good for corn. Due to the extreme weather and various pests, it was finally possible to harvest only a much weaker crop than the average of...

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Less melon is expected to grow this year

It is expected that fewer melons will be produced this year, but producers can satisfy domestic consumption, the Association of Hungarian Melon Producers told MTI.   Planting is not over...

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Analysts: Investment set a historic record in the first quarter

Investments set a historic record in the first quarter of this year, analysts told MTI, commenting on a report released by the KSH on Monday. Growth was fueled by private...

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SMEs can save tens of billions by reducing employment administration

Tens of billions of forints can be saved annually by SMEs by reducing the administration of employment, which the Ministry of Finance is currently working on, Izer Norbert informs MTI....

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Economic sentiment index in the euro area stagnates at a one-year low

In May, the economic sentiment index in the euro area stagnated at the low level of a year earlier, according to a regular monthly survey by the European Commission’s Directorate-General...

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Research institute: inflation in Germany may reduce in the second half of the year

Inflation in Germany could fall in the second half of the year, according to a survey released on Friday by the Ifo Economic Research Institute in Munich. According to ifo,...

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Everything you can know about the new special taxes so far

As is well known, the Government of Hungary has recently made a decision to establish a general defense and national defense fund, the source of which has been imposed on...

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(HU) Európában súlyos csapás érte az élelmiszerek piacát, csökkent az életszínvonal

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Bees is the essence – an interactive puppet show series supported by Syngenta

Getting to know nature and, at the same time, preserving it, cannot be started early enough. This idea gave birth to an interactive puppet show and series of workshops entitled...

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Magazine: Price promotions /Re-planning

On 28 May 2022 Directive (EU) 2019/2161 of the European Parliament and of the Council amending Directive 98/6/EC should be applied in Hungary, together with the new rules amending the...

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A new rule tightens the actions in stores

The actions of the stores will be tightened by a new EU and Hungarian law, which will come into force on Saturday, May 28, the Association of Conscious Shoppers said...

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The supply of strawberries is still plentiful

The supply of strawberries is still plentiful, and by the end of May, the field harvest will reach consumers in large quantities, according to a summary published on the FruitVeb...

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