Market News
The Ministry of Agriculture helps conscious shopping with an eco-label campaign
The Ministry of Agriculture has launched an online campaign on the importance of the eco-label in order to raise awareness of the importance of environmentally conscious shopping, said the Ministry’s...
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Hungarians are less afraid of COVID and more afraid of inflation
A series of ipsos what worries the world research revealed that as a result of the trend that turned around last November, the coronavirus is once again the most preoccupied...
Read moreThe turnover of Hungarian brewers increased last year
Last year, the production and turnover of Hungarian beer companies increased, compared to the previous year, but it was still lower than in 2019. The proportion of premium and non-alcoholic...
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Fidelity: Three things to watch out for in the Chinese market
In China, slowing growth and an increasingly tight regulatory environment are worsening investor sentiment. By the dawn of 2022, some of the most important risks that could affect Asian investment...
Read moreKTK: consumers must also be informed about the food price on boards
Stores must also inform shoppers on information boards about the food price stop coming into effect on February 1, the Government Information Center (KTK) told MTI. It was written that...
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KSH: 4,687,000 employees in December
The average monthly number of employees aged 15-74 in December 2021 was 4,687,000. In the period of October-December 2021, the average number of employees was 4,688,000, which is 65,000 more...
Read moreConsumer sentiment in Germany improved slightly in February
Instead of the expected deterioration, consumer sentiment in Germany improved slightly in the GfK market research survey for February. The value of the sentiment index improved to minus 6.7 points...
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AM: to promote the replacement of fertilizers is environmental and economic interest
It is in the interest of the environment and the economy to promote the replacement of fertilizers, therefore a new support scheme is being prepared to help set up manure...
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2021 was a year of action against cartels, but there was also attention to rapid inspections for the benefit of consumers
The Hungarian Competition Authority (GVH) has published its Rapid Report summarising last year’s results on competition on the Hungarian market, which it presented to the public in the framework of...
Read moreHungarians are uninformed about commodity loans
The majority of Hungarians are cautious when it comes to buying household appliances and consumer electronics of higher value: they would rather collect the price of the appliances than take...
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Planning reloaded
At the November meeting of the Trade Marketing Club (TMC) one of the founders, Zsuzsanna Hermann welcomed on- and offline participants. Another TMC founder Ágnes Csiby introduced the presenters and...
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(HU) Ha Magyarországon fizetésből él, jó eséllyel Ön is jogosult valamilyen SZJA-kedvezményre, mutatjuk, mennyi jár
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Champagne consumption stagnated last year
Due to the coronavirus pandemic, domestic champagne consumption decreased by 9% in 2020 compared to the previous year, but according to preliminary data, consumption did not fall further in 2021,...
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According to Equilor, the economy could grow by 4.5 percent this year
In the first half of the year, domestic consumption will push up economic growth, after which external demand may have a positive effect on the data with the recovery of...
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Analysts: inflation and labor shortages are pushing up earnings
Analysts told MTI last November that the earnings rose unexpectedly last year are attributed to high inflation and labor shortages. According to a report released by the Central Statistical Office...
Read moreAM Secretary of State: a more than three billion forints food industrustrial investment in Szekszárd
With the 1.8 billion HUF support of the Ministry of Agriculture (AM) an investment of 3.6 billion HUF will be made in the dairy and wine sector in Szekszárd, the...
Read moreEmployment rose to 68 percent in the third quarter in OECD countries
In the Organization for Economic Co-operation and Development (OECD), employment was 68 percent in the third quarter of last year, up 0.6 percentage points from the previous quarter, according to...
Read moreConsumer sentiment in the United States deteriorated in January
After improving over the previous three months, the consumer sentiment index in the U.S. declined in January, albeit less than expected, according to a survey by the Conference Board Institute...
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72% of companies plan to raise wages in 2022
Seven out of 10 companies raised their salaries in 2021, and the same proportion of companies are expected to do so this year. In 2022, the wage increase will typically...
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Short messages on menus lead more people to choose plant-based food
Simple, short messages on restaurant menus make guests choose a plant-based dish over meat twice as often, according to new research. Climate scientists are paying increasing attention to the production,...
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Indicators of economic activity and employment have continued to strengthen
The sectors most adversely affected by the pandemic have improved in recent months but are being affected by the recent sharp rise in COVID-19 cases. Job gains have been solid...
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Leaders of Italian FMCG companies meet with Putin
Energy company Enel and tire maker Pirelli’s managing director also attended a video conference with Russian President Vladimir Putin on Wednesday, which press sources said was accompanied by opposition from...
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AM: Italian companies are important to Hungarian agriculture
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KSH: Earnings grew by 10.1 percent last November
In November last year, the average gross earnings of full-time employees were 482,400 HUF, and the average net earnings excluding benefits were 320,800 HUF, both 10.1 percent higher than a...
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The Hungarian countryside can be developed from 4,265 billion HUF EU funds by 2027
4,265 billion HUF will be available for the development of the Hungarian countryside, Hungarian agriculture and food industry through the rural development pillar of the Common Agricultural Policy until 2027,...
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AM: Hungary was one of the first in the world to recognize the importance of gene conservation
The search for and collection of our genetic resources, as well as their conservation, maintenance and utilization, is a strategic issue, said Minister of Agriculture Nagy István on Tuesday at...
Read moreThe IMF has worsened this year’s, but improved next year’s global economic growth forecast
The global economy is growing 0.5 percentage points slower than expected last October, by 4.4 percent this year, according to the International Monetary Fund’s (IMF) revised World Economic Outlook (WEO)...
Read moreBusiness sentiment in Germany improved in January
In January, the business sentiment index of the ifo Institute for Economic Research at the University of Munich in Germany improved. The ifo Institute for Economic Research (ifo Institut –...
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2022 will also be the year of e-commerce: eight trends that Hungarian companies can share with
Azt régóta tudjuk, hogy sikeres vállalkozás ma már nem létezhet hatékony online jelenlét nélkül, de a világjárvány hazánkban is példátlan e-commerce robbanást hozott magával: 2021 első félévében 30%-os bővülés mellett...
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It’s not just in agriculture that investments are catching up
Almost half of the larger companies have made significant investments worth at least HUF 10 million in the past two years, according to research conducted by Magyar Bankholding on small...
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