Market News
MLBKT: PMI indicates a slowing increase
The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in November was 52.2 points. The pace of expansion is slightly lower than the 52.9 points in October and the...
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Tel Aviv is not the most expensive city in the world, Budapest is not in the top 100
Tel Aviv has the highest dollar-denominated cost of living in the world, but Budapest is still not one of the 100 most expensive cities by this standard, according to the...
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The Serbian government has limited the price of basic foodstuffs to stop inflation
The Serbian government has limited the price of basic foodstuffs for the next two months to curb inflation, a government press service announced on Tuesday. The cabinet has banned raising...
Read moreGerman retail sales declined more than expected
Retail sales in Germany fell more than expected in October year-on-year. The German Federal Statistical Office (Destatis) said on Wednesday that, with calendar and seasonal adjustment, retail sales fell 2.9...
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Those who stay out fall behind
In the last one-year period Doroti Pack Kft. participated in a S3FOOD (Smart Sensor Systems for Food Safety, Quality Control and Resource Efficiency in the Food Processing Industry) project –...
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Plusmarket has renovated another store
After two months of closure, the Plusmarket shop in Nemes Street, Pestszentimre, 18th district, has been re-enchanted and modernized with an expanded sales space....
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Magazine: Candies with extras
Although the pandemic has changed consumption habits, the candy market didn’t suffer and sales actually improved. Discounters continue their expansion and manufacturer brands are strong. Ákos Perjés, Haribo Hungária Kft.’s...
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KSH: Earnings increased by 9.1 percent
In September, average gross and net earnings were 9.1 percent higher than a year before. Growth continued to pick up after 8.9 percent in August. The average gross earnings of...
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A lot of bakeries can close
Many bakeries in Hungary are struggling to survive, as the growth of raw materials and transport and energy costs can no longer be swallowed up by many players in the...
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12 percent of Hungarians would survive for 12 months without income
12 percent of Hungarians would survive without income for 12 months, and 67 percent of the population was able to set aside money more or less regularly in the past...
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Nagy István: Hungary is on a good way in food security
Due to the pandemic, the issue of food security and food self-sufficiency has significantly increased, and Hungary is well on its way, said Minister of Agriculture Nagy István at the...
Read moreNAV seized fake perfumes and untaxed cigarettes
About four million forints worth of perfume and three million forints worth of tobacco were seized by employees of the National Tax and Customs Administration (NAV) during an inspection of...
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Prices are racing in the eurozone
Inflation in the euro area accelerated to a record high in November, mainly due to the continued significant rise in energy prices. According to a preliminary estimate by Eurostat, the...
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There will be enough fish for Christmas in the fish counters
At the end of the harvesting period, this year’s fish harvest is already visible, compared to previous years, but at the same time fish producers can meet the hungarian Christmas...
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Two of Europe’s highest quality saliva sample-based Covid-19 tests available in Hungary: AmonMed and UltiMed
Antigen tests have come a long way in the pandemic defense toolbox since spring 2020. Initially, the health profession and some experts underestimated their importance, which was related to the...
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Did Omicron cause the COVID infection? New procedure will help you find out
According to several renowned Hungarian virologists, it is only a matter of time before Hungary is hit by a new version of the coronavirus, called omikron, originating in South Africa....
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Corporate auctions soar, another explosion could come next year
At the end of the moratorium on repayments, many companies may be forced to part with their modern machines and assets purchased for credit, which could thus enter the second...
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We can make Christmas happier for those in need with five different yeast brands
The budafoki yeast manufacturer invites customers to a joint charity action before Christmas with the involvement of partner bakeries. Customers can not only take care of the festive cakes of...
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Going greener in the autumn too
Last year the pandemic brought many uncertainties and in 2021 the main goal of BS Plastic has been to restore stability. Kitti Büki-Kovács, marketing manager of BS Plastic told our...
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Agrármarketing Centrum: there will be enough fish for Christmas
Fish farmers will be able to meet the needs of domestic Christmas fish consumption, despite the fact that this year’s fish harvest will be lower than in previous years, the...
Read moreGovernment subsidies and soft loans also supported investment
The volume of investment in the third quarter exceeded the pre-crisis level, in which the government’s and the central bank’s support and concessional loan programs, but also the inflow of...
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KSH: employment increased in October
In October, the average monthly number of employees aged 15-74 was 4,688,000, 86,000 more than a year before. According to the three-month moving average used as the main indicator, the...
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Chamber of Agriculture: the hail damage mitigation system is effective
This year, farmers reported hail damage for 39,000 hectares, compared to the 72,000 hectares in the year before the national hail mitigation system started to opeate, Győrffy Balázs, President of...
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Economic sentiment in the euro area deteriorated in November
The euro area economic sentiment index deteriorated as expected in November, when another wave of the coronavirus was on the rise in several countries. According to data posted on the...
Read moreInflation is on nearly thirty-year highs in Germany in November
According to preliminary data, inflation in Germany rose further in November, according to a report by the German Federal Statistical Office, Destatis, published on Monday. In November, according to preliminary...
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Magazine: Beyond meat sticks
From 5 kilograms of processed meat products sold one kilogram is wiener or frankfurter. This category has the biggest share in the processed meat category. Sales are declining a little...
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KSH: enterprises and the manufacturing industry pulled the investments in the third quarter
Investment continued to expand in the third quarter, up 12.4 percent from a year before. Among enterprises, investments increased by 21.8 percent, while developments in the budgetary bodies realizing 13...
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The new market hall in Mezőcsát, Borsod County was handed over
The new market hall in Mezőcsát, Borsod-Abaúj-Zemplén County completed from 115 million forints was handed over on Friday. At the ceremony, Tállai András, Parliamentary State Secretary of the Ministry of...
Read more14 percent of customers are willing to pay more at Christmas for faster delivery, according to one analysis
This year, people started their Christmas shopping earlier than before, with 14 percent of shoppers willing to pay more for faster or guaranteed delivery, and 29 percent choose the more...
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Falling traffic, less damages – The home office discount could be the big gun in this year’s kgfb campaign
It is estimated that by the end of the year, half a million car owners will still have to decide the fate of their third party liability insurance starting next...
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