Market News
KSH: last year corn was hit by the weather, wheat and barley production broke records
In 2021, a historic record harvest of barley and higher than ever yields from wheat were harvested. The summer heat has led to the lowest maize production in three decades,...
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German Producer Price Inflation Accelerates In January
Germany’s producer prices rose for a second month in a row and at a faster pace in January, figures from Destatis showed Friday. Producer prices increased 0.9 percent year-on-year after...
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The venture capital market broke records last year
Venture capitalists went hard in 2021. Data collected from a number of sources indicates that last year set venture capital records around the world. From dollars invested to deal volume,...
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Russia’s Ministry of Economic Development downgrades GDP growth forecast for this year
Russia’s Ministry of Economic Development has lowered its estimate of Russian GDP growth this year from 3.0 percent to 2.8 percent, Russian economic daily Vedomosti reported on Monday. According to...
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Brussels’ position on promotion programmes is unacceptable
It would be completely unacceptable and would set a dangerous precedent for the future if the European Commission banned the promotion of the consumption of agricultural products such as wines...
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Find MUCI! – Most Useful Creative Innovations
The Trade Marketing Club’s annual “My Love” conference featured interesting presentations on innovations in commerce from the retail, brand and research sides. The winners of this year’s university display design...
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Supply Disruptions Add to Inflation, Undermine Recovery in Europe
With supply constraints likely to persist, the challenge for policymakers is to support recovery without allowing high inflation to become entrenched. When countries asked people to stay at home to...
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MNB: household savings increased in the fourth quarter of last year
Households’ net financial savings amounted to 905 billion HUF, or 5.8 percent of GDP, in the fourth quarter of last year, compared to 111 billion HUF in the third quarter...
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Digitalisation is also essential to maintain the competitiveness of agriculture
The most important goal of the Digital Agrarian Strategy (DAS) is to put the most effective tools in the hands of producers in order to be able to meet the...
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Minister of Agriculture: farmers have already received 99 percent of the area support
The payment of the most important support entitlements for domestic producers is progressing at a good pace, the Minister of Agriculture Nagy István said in a statement issued by the...
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Consumer confidence in the euro area and the EU deteriorated in February
Instead of the expected improvement, consumer confidence in the euro area and the European Union deteriorated in February. The European Commission said on Friday that the consumer confidence index had...
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At the economic year-end of the Hungarian Chamber of Commerce and Industry, Viktor Orbán also gave a speech
Prime Minister Viktor Orbán gave a presentation at the Economic Year 2022 economic policy forum organized by the Hungarian Chamber of Commerce and Industry on Saturday in the Rome hall...
Read more(HU) Durva időjárás köszönt az országra keddtől
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(HU) Varga Mihály ezt gondolja a következő évek legnagyobb gazdasági kihívásairól
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Read more(HU) Kövér: a disznóvágás a magyar élet egyik ünnepe
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Mihály Varga: Hungary must be kept at the top of the EU growth rankings
In the coming years, Hungary must be kept at the top of the EU growth rankings in order to regain its pre-pandemic development advantage as soon as possible, the Minister...
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(HU) Öt éven belül duplázódik a csomagautomaták piaca
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Read morePig farmers receive extraordinary support
The Ministry of Agriculture will provide huf 4 billion in extraordinary support to pig skup holders, Minister of Agriculture István Nagy announced. In order for the sector’s survival in the...
Read moreA small Hungarian overview of animal husbandry
Livestock farmers have not had an easy time lately, they have started to deal with many obstacles – agrarszektor.hu wrote. This is particularly true for pig farmers, which have also...
Read moreSZTNH: Companies can register for project group certification for another 12 days
Until the end of February, companies have the opportunity to register for the project group qualification procedure with the National Office of Intellectual Property (SZTNH). Companies that run several research...
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NAV seized twenty million forints of tobacco in Nyíregyháza
Employees of the National Tax and Customs Administration (NAV) seized 353 kilograms of cut and 440 kilograms of dried leaf tobacco in Nyíregyháza, the agency told MTI. It was written...
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One-third of businesses are involved in rehabilitation employment, according to a study
33 percent of Hungarian enterprises employ at least one employee with a disability, according to an analysis by the MKIK Institute for Economic and Business Research (GVI), which examined the...
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Nébih has suspended the operation of a confectionery plant in the capital
A confectionery plant in the capital was suspended by the National Food Chain Safety Office (Nébih) after the office’s specialists revealed serious hygiene deficiencies during the on-site inspection of the...
Read moreGermany lost a tenth of its gross domestic product during the two years of the crisis
Germany lost ten percent of its gross domestic product compared to the year before the crisis during the two years of the coronavirus crisis, and value-added production capacity also declined...
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Sustainability and digitalisation are already central issues for companies
Sustainability and digitalisation already play a huge role in the development of companies that are starting out or recently founded, and at least one sustainability aspect is taken into account...
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(HU) Az Európai Unió és Afrika kereskedelme, 2011-2021 között
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Hungarian sunflowers would break out of the shadow of maize even more
In 20 years, sunflowers have become a success crop of Hungarian agriculture. Once classified as a “shadow of maize, they still ran”, the oil plant has become the third most...
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(HU) Orbán Viktor: magyar befektetések fognak megjelenni Brazíliában
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(HU) Az egész világon egyedülálló naperőmű épül Magyarországon
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UK inflation at record high
Uk inflation accelerated to a record high in January. The Office for National Statistics (ONS) said on Wednesday that the 12-month Consumer Price Index (CPI), excluding housing costs, rose 5.5...
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