Market News

Last year, the average monthly salary in the Czech Republic increased by 6.1 percent

In the Czech Republic, the average monthly earnings were 37,839 crowns (567,585 forints) last year, 6.1 percent more than in 2020, the Czech Statistical Office said in Prague on Monday....

Read more

K&H: these three factors are the main obstacles to smEs’ operations

Labour shortages, exchange rate changes, lack of materials – this is the most hindering for companies, according to the latest results of the K&H SME Confidence Index research. Hiring the...

Read more

Chapters from the big book of drinks

Innovation work is necessary in the alcoholic drink category too, as the consumers of the 21st century demand changes and brave ideas. Innovating often means that the alcohol-free versions of...

Read more

Magazine: Removing grease is not enough

The markets of both manual washing-­up liquids and dishwasher detergents have grown, partly due to the increased importance of hygiene and the fact that customers spent more time at home....

Read more

Here is the export ban: these raw materials and products cannot be taken abroad from Hungary

In the course of exporting raw materials or products (cereal Hungary s) abroad of strategic importance for the security of feed or food supply, the state has the right of...

Read more

The price of cooking oil could increase by 20-25% in the summer

The Ukrainian-Russian war is exacerbating global food price inflation. Ukraine is hungary’s number one exporter of cooking oil, but with the war, the export of this sector has also become...

Read more

These are the food companies that remain in Russia

Here are the FMCG companies that have already communicated that, despite the Russian-Ukrainian war, they will not sanction Russia for leaving the market. The news was reported by the Russian...

Read more

(HU) Íme, az oroszországi működést felfüggesztő nonfood-cégek listája

Sorry, this entry is only available in HU....

Read more

NAK: The Hungarian countryside is the country’s economic reserve

The Hungarian countryside is the country’s economic reserve, which ensures food supply even in the most difficult times, the president of NAK said at the Saturday farmers’ congress of the...

Read more

Nébih collects information on the purchase and consumption of frozen vegetables

The National Food Chain Safety Office (Nébih) is launching a new study to find out the buying, using and consuming habits of the Hungarian population related to quick-frozen vegetables, the...

Read more

Logistics Association: Hungary will become a regional distribution center

According to the Association of Logistics Service Centers (Logisztikai Szolgáltató Központok Szövetsége), Hungary will become a regional e-commerce distribution center in the Central European region; in the second half of...

Read more

The primary goal is to provide food

The strategic plans of the Common Agricultural Policy must show a proper vision for farmers, said Nagy István, head of the ministry, at the second meeting of the Hungarian V4...

Read more

Nagy István: one can re-apply for development support for livestock farms again

The call to support the development of livestock farms can be re-applied for from 28 February, in the framework of which livestock farmers will once again have the opportunity to...

Read more

Employment increased, and the unemployment rate fell in the United States in February

In February, the number of people employed in the non-agricultural sector rose in the United States instead of the expected decline, and the unemployment rate fell more than expected, the...

Read more

What kind of alcohol remains in Russia? Any, but 20% more expensive

The Russians may be preparing for a brutal price increase: partly because of the sanctions imposed by Western companies on the Russian market – we have already published several lists...

Read more

Retail sales in the euro area grew less than expected in January on a monthly and annual basis

In the euro area, retail sales rose less than analysts expected in January on a monthly and annual basis. The European Union’s statistical office, Eurostat, said on Friday that retail...

Read more

(HU) Hatalmasat zuhant a forint, csak a rubel esett nagyobbat

Sorry, this entry is only available in HU....

Read more

China sets economic growth of around 5.5% by 2022

China has set an economic growth goal of around 5.5 percent by 2022, Chinese Premier Li Keqiang said on Saturday at the opening of the annual session of the National...

Read more

This is how Russian companies are affected by the separation from SWIFT

On March 12, the following Russian banks will be separated from SWIFT: VTB, Rossiya, Otkritie, Novikombank, Promsvyazbank, Sovcombank and VEB. However, many banks remain in the system, and companies have...

Read more

LMP: the development of rural infrastructure is a priority in the programme of the opposition alliance

The development of rural infrastructure, including inferior road networks, is a key focus of the government programme of the opposition alliance United for Hungary, the leader of the LMP parliamentary...

Read more

VOSZ: Cooperation is the key to successful crisis management

In the shadow of the pandemic and the war near Hungary, the importance of cooperation was highlighted by the speakers of the 22nd Entrepreneurs’ Day event, VOSZ President János Eppel...

Read more

Magazine: Richer in flavours

In the last 10 years the wet condiment category didn’t stop developing, and after the panic-buying in 2020 sales didn’t drop in 2021 either. We learned from Anita Plánk, Unilever...

Read more

In January, the turnover of retail stores increased by 4.1 percent

According to the raw data, the volume of retail trade turnover increased by 4.5 percent in January, 4.1 percent year-on-year, according to the raw data, the Central Statistical Office (KSH)...

Read more

KSH: The trade surplus in 2021 was 1.897 billion euros

In 2021, the value of Hungarian exports in euros was 13.6 percent, and imports 18.2 percent higher than in the previous year, the export surplus melted to 1.897 billion euros...

Read more

Retail sales are expected to expand more strongly from February

Household consumption is set in the crossfire of rising incomes and high inflation in the first half of this year, according to the latest data data. According to a report...

Read more

Irrigation of two thousand hectares will be provided by the next phase of the Homokhátság Water Replacement Project

The conditions for the irrigation of two thousand hectares will be created by the next phase of the Homokhátság water replenishment project, for which the government provided 1.8 billion HUF,...

Read more

Magyar Bankholding: loan and deposit portfolio in the agricultural sector grew above average last year

Last year, slightly above the national average, the loan portfolio of enterprises related to agriculture and the food industry grew by 11 percent in Hungary, and in the member banks...

Read more

What about the small gas stations after the gas price stop?

It is difficult to decide what is worse: the 600 HUF petrol price prevailing in neighbouring Slovakia, or the fact that many petrol stations at the border are forced to...

Read more

Moody’s and Fitch have withdrawn their investment grade sovereign ratings from Russia

Two international credit rating agencies, Moody’s Investors Service and Fitch Ratings, withdrew Russia’s investment-recommended sovereign rating on Thursday. Moody’s has downgraded Russia’s long-term foreign currency and foreign currency debt rating...

Read more

Unemployment rate in the eurozone fell in January

In January 2022, the euro area seasonally-adjusted unemployment rate was 6.8%, down from 7.0% in December 2021 and from 8.3% in January 2021. The EU unemployment rate was 6.2% in...

Read more
Oldal