Market News

The ifo German business sentiment index deteriorated further in October

Mainly due to problems in the supply chain of German manufacturing companies, the business sentiment index of the Munich-based ifo economic research institute decreased more than expected in October. The...

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SmEs have never been so optimistic

Micro, small and medium-sized enterprises remain optimistic after a historic peak set up in the previous quarter, according to the latest third-quarter data from the K&H SME Confidence Index survey....

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Employee engagement has plummeted and a significant exodus has been launched as a result of the epidemic

Kincentric’s measurements show that the overall level of employee engagement fell globally in the second quarter of 2021, after the first wave of the pandemic was still in the opposite...

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Blokkk.com: 32,000 happy shoppers: get a shop in your village

The key will be the opening hours and the pub. There’s an image manual here, just like in the trafik. There are 31,624 residents of the villages that get the...

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Egg prices increased

Although not outstandingly, but the price of eggs has risen in Hungary, and there has been an increase in the price of packaging as well, agrarszektor.hu wrote. However, in the...

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ITM checks the green rating of hair care products after face creams

On behalf of the Ministry of Innovation and Technology (ITM), the packaging of shampoos, conditioners, hair regenerations and hair dyes are chacked – ITM announced on Friday. There are more...

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IHS Markit’s eurozone economic growth slowed to a six-month low in October

Growth in the euro area private sector slowed sharply to a six-month low in October as a result of worsening supply bottlenecks and a further outbreak of the coronavirus pandemic,...

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Several companies are pushing for an agreement on fish farming in Britain

The UK’s largest seafood processor is threatening to stop sourcing fish from the north-east Atlantic if coastal states, including the UK and EU countries, fail to reach a proper agreement...

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Private labels: On a growth path during the pandemic too

Demand for private label (PL) products didn’t decrease during the pandemic: NielsenIQ reported that more than a quarter of shoppers had said they purchase more PL products than before (and...

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Magazine: Are hypermarkets only popular in the USA or we Europeans like them, too?

In Hungary the last few years were about discounters – Hungarian shoppers like it very much that they are smaller than hypermarkets, offer a growing selection of products and good...

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MA-HAL: there will be enough Hungarian fish at Christmas

Despite the difficulties of the sector, there will be enough Hungarian fish at Christmas, and in the autumn the carp orders of all fishing associations will be fulfilled, the president...

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AM: pálinka represents world-class quality

Pálinka represents world-class quality in both its appearance and internal values, making it a worthy competitor to the noblest spirits over the decades, said the Secretary of State for Food...

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Maize yields are significantly lower than the long-term average in Tolna

Maize yields are significantly below the long-term average in Tolna County due to the droughty weather, the county president of the National Chamber of Agriculture told MTI. Vendégh Edit said...

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A method based on biological control of mushroom cultivation was developed with the participation of SZTE

The method of mushroom cultivation based on biological control was developed by the experts of the University of Szeged (SZTE) and Új Champignons Kft. within the framework of a research...

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Most Hungarians prefer to buy fashion items online

The growing popularity of online shopping is shown by the fact that 69 percent of consumers already choose to shop online if the product they are looking for is available...

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The IMF continues to expect euro area GDP growth to accelerate

The International Monetary Fund (IMF) has confirmed its October 12 forecast that economic growth in the eurozone will be higher than estimated on 6 April. According to the IMF’s European...

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SPAR comprehensively supports Hungarian products

At a press conference organised for promoting SPAR Magyarország’s Hungarian Product Month, managing director Gabriella Heiszler told: they don’t just popularise buying Hungarian on a campaign basis, as SPAR has...

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(HU) A Hybreeting új korszakot teremt a digitális konferenciák világában

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

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Magazine: The challenges of an omnichannel sales strategy in 2021

In the last year and a half the COVID-19 pandemic speeded up processes in retail trade that had already started earlier. The new shopping habits that formed during this process...

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The IMF has confirmed Hungary’s GDP growth and inflation forecast

Hungary could achieve the third highest economic growth in the European Union this year, according to the October revised report of the International Monetary Fund (IMF) presented on Wednesday. In...

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Nagy István: 7.46 billion for school milk, school fruit and school vegetables program this school year

The government will spend a total of 7.46 billion HUF on the school milk, school fruit and school vegetable program in the 2021-2022 school year, the Minister of Agriculture said...

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A call for proposals to support the prevention of spring frost damage has been published

The Hungarian government’s committed goal is to strengthen the economy of rural areas within the framework of the “Renewable Countryside, Renewable Agriculture” (Megújuló vidék, megújuló agrárium) program. The purpose of...

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The number of corporate insolvency proceedings is increasing

In Hungary, corporate insolvency indicators improved dramatically between 2015 and 2020, with the number of proceedings falling by less than half, from 9,545 to 4,293 in five years, but this...

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Hungary has enough fodder maize

The Ministry of Agriculture (AM) is preparing a pre-export registration obligation for the basic crops required for animal feed, Nagy István, head of the ministry said. In a statement issued...

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Chamber of Agriculture: the sweet chestnut season begins

The sweet chestnut season begins, the National Chamber of Agriculture (NAK) told MTI on Wednesday. According to the information, the area of commodity chestnut plantations in Hungary is 249 hectares,...

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Inflation accelerated to a thirteen-year high in the euro area

Inflation in the euro area accelerated to a thirteen-year high in September due to rising energy prices. According to the final data released on Wednesday by the Statistical Office of...

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New rules in e-commerce

The European Union (EU) has introduced reforms to the value added tax (VAT) rules that will affect sellers that sell via online marketplaces, from 1 July 2021 the operators of...

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Call for proposals to support investments in the prevention of frost damage in the spring

Hungary government is committed to strengthening the economy of rural areas under the Renewable Countryside, Renewable Agriculture programme. As the latest stage of the program, a call for proposals entitled...

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Hungarian innovators can apply for €2,000 in the food industry – EIT Food Challenge Labs launches

For the first time in Hungary, the EIT Food Challenge Labs will be held. The aim of the competition is to find innovative ideas for the current challenges of the...

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Coffee grounds extracted from used Nespresso capsules are recycled in the lavender fields of the Pannonhalmi Paternity

Nespresso has entered into a special alliance with the Pannonhalm High Priesthood: the premium coffee brand has developed a coffee-based growing medium from its used capsules recovered in Hungary, which...

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