Market News
AM has begun to compensate farmers affected by the storm
Compensation for the farmers affected by the storm has started. 1,600 producers will receive almost one and a half billion forints in storm damage compensation, said Minister of Agriculture Nagy...
Read moreGlobal smartphone sales grew 6 percent last year
After a sharp decline of two years ago, smartphone sales rose worldwide last year, according to market research firm Gartner. The five market leaders further increased their market share to...
Read moreGfK’s German consumer sentiment index deteriorated in April
GfK’s German consumer sentiment index deteriorated more than expected in April, mainly due to inflation and the Russian invasion of Ukraine. The consumer sentiment index for April fell to a...
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Conscious domestic businesses help their peers protect their innovations
In recent years, the number of registered trademarks in Hungary has increased the most intensively, but we are still below the European Union average. The Hungarian Intellectual Property Office (SZTNH)...
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Hungarian Food Bank: We prepared 100,000 cans for refugees
The latest program of the Hungarian Food Bank helps charitable organizations that house those fleeing the war in Ukraine. They also help to welcome refugees with durable food, baby food,...
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These are the world’s most ethical companies in 2022
In 2022, 136 organizations are recognized for their unwavering commitment to business integrity. The honorees span 22 countries and 45 industries, and include 14 first-time honorees and 6 organizations that have been named to the honoree list 16 times, marking...
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FAO: Acute food insecurity soars to five-year high warns Global Report on Food Crises
The number of people facing acute food insecurity and needing urgent life and livelihood-saving assistance has hit a five-year high in 2020 in countries beset by food crises, an annual report launched...
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Everything affects price growth in the real estate market, but it does not matter what we invest in.
At the moment, all market effects foresee a further increase in the price of real estate, in particular second-hand residential properties, while turnover will be characterised by subdued volumes, while...
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The U.S. dollar has risen 86 percent in the last 50 years.
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Maserati: By 2025, the entire portfolio will be available in electric design
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Magazine: How did the Covid-19 pandemic accelerate the digitalisation of retail trade?
In Hungary the past two years laid the groundwork for digitalisation, more conscious consumer behaviour, convenience shopping, omnichannel shopping and price monitoring. However, a lot of these trends are overshadowed...
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KSH: the average gross earnings were 467,300 HUF n January
In January, the average gross earnings of full-time employees were HUF 467,300, and the average net earnings excluding benefits were 310,700 HUF, up 13.7 percent more than in the previous...
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Analysts: employment continues to peak
However, the labor market is still close to full employment, but economic development is not constrained by a lack of hard work, but by war-torn production chains, raw material shortages...
Read more(HU) Jövő héttől igényelhető az új, jövedelempótló kocatámogatás
The new, income-replacing sow allowance can be applied from next week Domestic pig holders may submit their new income replacement support application to the Hungarian State Treasury (MÁK) between 28...
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ITM: consumer protection found the white wall paints okay
Wall paint is an essential accessory for home renovations, and spring cleaning, which involves a more serious effort and includes clean painting. Fifteen white products were inspected by the consumer...
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Companies violating access rights could face fines of up to $20 million
Under the GDPR, individuals can ask companies for information about the processing of their personal data. In Hungary, companies should also take particular care to ensure that the right of...
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(HU) GKI : Lassuló növekedés, gyorsuló infláció, keleti zárás
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K&H: Big companies planned to increase their numbers – what can the military conflict in Ukraine change?
According to the K&H Enterprise Growth Index research in the last quarter of 2021, companies have not been prepared to hire so many employees for more than two years. The...
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Disease-resistant vineyard to be planted in balaton uplands
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The Bumpy Cottage cheese was also among the obligatory elements in the Final of the Bocuse d’Or in Hungary
Az Európai Bizottság döntése alapján 2019-ben hagyományos különleges termék elismerést kapott a Rögös túró, mint hagyományos különleges élelmiszert felvette nyilvántartásába az EU. Ezt a fajta védettséget csak olyan termékek kaphatják...
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(HU) Kockázatot jelent a kelet-közép-európai gazdaságokra az elektromobilitás terjedésének jelenlegi iránya
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Magazine: E-commerce: Dynamic growth, growing risk
In the last decade e-commerce’s market share has been growing dynamically in Hungary. From 2019 to 2020 the growth was nearly 35 percent – reports the State Audit Office (ÁSZ)....
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(HU) Márciusban az orosz-ukrán háború hatására a fogyasztói várakozások látványosan, az üzletiek kevésbé romlottak
GKI’s economic sentiment index fell to late spring 2021 levels in March, mainly due to the deterioration of the consumer confidence index. According to a survey conducted by GKI (www.gki.hu)...
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KSH: In February, the number of employees increased to 4,668,000
In February, the average number of employees aged 15-74 was 4,668,000. It is 118,000 more than a year before. According to the three-month moving average considered as the main indicator,...
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AM Secretary of State: Agriculture has doubled its performance in the past 12 years
The performance of agriculture has doubled since 2010, with investments in the sector growing by seventy percent and agricultural exports by eighty percent, Feldman Zsolt, State Secretary for Agriculture and...
Read moreNiT Hungary: immediate and significant price increase could be a way out of the serious situation in the freight market
Immediate and significant price increase can be a way out of the serious situation of the freight market. The Magánvállalkozók Nemzeti Fuvarozó Ipartestülete (NiT Hungary) told MTI that the competitiveness...
Read moreIfo’s German business sentiment index for March deteriorated significantly
In March, the business sentiment index of the ifo economic research institute in Germany deteriorated much more than expected, mainly due to the deterioration of the outlook due to the...
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Malta Charity Service helps 43,000 refugees in one month
The war in Ukraine broke out a month ago, between 24 February and 24 March, the Hungarian Maltese Charity Service helped 43,129 refugees, distributed 234 million forints worth of donations,...
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(HU) A Tej Terméktanács számos aktivitást tervez a következő két évben
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The press has retained its place in the media cake, in 2021 the total press market revenue is HUF 109.858 billion
The press has retained its place in the media cake, in 2021 the total press market revenue is HUF 109.858 billion. Despite the economic difficulties caused by the pandemic and...
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