Market News
Inflation will not slow down in the near future
Inflation is not slowing down, the Central Statistical Office recorded a record increase of 7.9% in January. This is half a percentage point more than the peak in November-December last...
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Preliminary GDP figures for the last quarter of last year are released
The first estimate of gross domestic product (GDP) in Q4 2021 can be counted on special attention in next week’s statistical information calendar, and the Central Statistical Office (KSH) publishes...
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AM: No intermediary is required for access to animal welfare subsidies
There is no need for an intermediary or third party to apply for poultry animal welfare subsidies, the Ministry of Agriculture (AM) said in a statement sent to MTI on...
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83 percent of employees are committed toward the Best Workplace award winner companies
In Hungary, 61 percent of employees are committed to their employer, and in case of companies that have won the Best Workplace Award it is 83 percent, according to research...
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Ministry of Agriculture has completed the legal background for drone spraying
By amending the legislation on aerial spraying, the Ministry of Agriculture (AM), in cooperation with the Ministry of Innovation and Technology (ITM), has created a legal environment for the application...
Read moreAccording to the European Commission, EU funding has reduced disparities between EU regions
EU funding is reducing disparities and territorial and social inequalities between EU regions, the European Commission said in its 8th Cohesion Report. According to a European Commission triennial report examining...
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These 5 trends are shaping the future of the manufacturing sector
A strange situation has arisen in the manufacturing industry due to the economic crisis caused by the coronavirus pandemic. While economic optimism has led to demand growth, which has already...
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LG and Userful’s software-based AV-over-IP solution for enterprise use
A software-controlled, end-to-end AV-over-IP solution has been created by LG Electronics’ European Business Solutions division and Canadian software company Userful. The solution combines Userful’s visual networking platform with LG’s webOS...
Read moreA campaign is launched to promote pork consumption
The Ministry of Agriculture (AM), the Agricultural Marketing Center (AMC) and the National Association of Mangalica Breeders are promoting the consumption of pork for the tenth time this year in...
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GVH: drugstores, retail chains and gas stations can also sell quick tests
The government has accepted the proposal of the Hungarian Competition Authority (GVH) to stimulate retail price competition for COVID-19 rapid tests, allowing the sale of antigen rapid tests for self-monitoring...
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Pigs are a key player in the survival
The Ministry of Agriculture, the Agricultural Marketing Centre and the National Association of Mangalica Breeders are promoting the consumption of pork for the tenth time this year in connection with...
Read moreUnemployment has fallen in OECD countries
Unemployment in the countries of the Organization for Economic Co-operation and Development (OECD) fell for the eighth consecutive month last December, falling to 5.4 percent from 5.5 percent in November....
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The government has allowed rapid tests to be sold in retail
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Read moreFarmers’ lives have become more expensive recently
Farmers’ lives have become very expensive in recent times, with prices for feed, energy, transport, pesticides and fertilisers skyrocketing. Sales of the latter more than doubled in the 10th and...
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ITM: the country’s most successful businesses will be recognized again this year
The call for the European Enterprise Development Award has been published, the national round of which can be submitted by the end of May this year, the Ministry of Innovation...
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Am State Secretary: the goal is to make the hungarian agricultural manufacturing industry world-class
The aim is to make the hungarian agricultural manufacturing industry world-class and to produce as many products as possible in Hungary that can be produced on domestic and international markets,...
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Mobile exchange program starts on Monday – these are the most important things to know
With a week to go, the targeted and large-scale mobile device replacement support programme announced by the National Media and Infocommunications Authority and the Ministry of Innovation last October will...
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Five areas where VR/AR could explode in the coming years
Over the past decade, many promising virtual and augmented reality (VR/AR) solutions have been created, but our daily lives have not been woven into technology. However, the pandemic has also...
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Allianz Risk Barometer 2022: cyber risks globally, while in Hungary the risk of a pandemic is the number one business threat
Cyber risks are the biggest threat to companies worldwide in 2022, according to the Allianz Risk Barometer survey. The threat of ransomware attacks, data breaches or major IT outages worries...
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Magazine: László Mérő: ‘There are more valuables in the junkyard of the rich man than in the house of the poor man’
Trade magazin’s Business Podcast, Future Talks with Szilvia Krizsó continues In the latest episode of the Future Talks podcast Szilvia Krizsó’s guest was mathematician and psychologist László Mérő. This article...
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Magazine: A period of changes
One of the strongest personal hygiene trends has been the proliferation of hand sanitiser use. The pandemic generated the appearance of new products and strengthened the positions of existing ones....
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GKI: per capita purchasing power in 2020 was 2 million HUF
At the national level, the purchasing power per capita (total income) averaged 2 million HUF in 2020, increasing by 7 percent in nominal terms in one year, GKI Gazdaságkutató Zrt....
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The vast majority of stores enforce the food price stop
The vast majority of stores are validating the food price stop, with experts finding fault in just 17 stores last week, the strategic secretary of state for the Ministry of...
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NÉBIH found labeling errors in most of the seasonings
The National Food Chain Safety Agency (Nébih) found labeling errors in more than two-thirds of the 35 condiments tested, and the authority withdrew five condiments containing celery at the beginning...
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According to a survey, Hungarian workers feel stable in their jobs
The mood of domestic workers is gradually stabilizing, the labor market stability index was 71 points in the last quarter of 2021, which is an increase of 1-2 points compared...
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Századvég: real wage growth is expected to average double-digit this year
Regős Gábor, head of the macroeconomic business unit of the Századvég Konjunktúrakutató Zrt., expects real wage growth to average above ten percent this year. Regős told M1 news channel on...
Read moreEY: the majority of businesses considers ethical operations to be important
90 percent of Hungarian businesses consider it important to operate ethically, but executives are more likely to break the rules, EY told MTI on Tuesday. According to a survey by...
Read moreLast year, retail sales in the Czech Republic grew by 4.5 percent
Retail sales in the Czech Republic rose 4.5 percent last year, according to calendar-adjusted data, the Czech Statistical Office (CSÚ) said in Prague on Tuesday. In December, retail sales grew...
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Up to 250 domestically owned industrial enterprises could develop into regional multinationals by the end of the decade
The Makronóm Institute carried out comprehensive research involving 1,000 Hungarian-owned small and medium-sized enterprises in order to explore the common characteristics that make Hungarian industrial production companies internationally successful. In...
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