Market News

Companies recruited workers differently in 2021

At the end of the last quarter, 2021 was an unprecedented year for the labour market. A clearly visible, intense recruitment wave has been going through the country over the...

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GKI’s economic sentiment index closed last year with a decline and started this one with an improvement

After the contraction in November and December, GKI’s economic sentiment index re-bounded in January 2022 to its November last year level. According to a survey conducted by GKI Economic Research...

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Takarékbank revised its growth forecast for last year and this year downwards

Macroeconomic analysts at Takarékbank and the Magyar Bankholding have downgraded their GDP forecast for 2021 to 6.9 percent from 8 percent and this year’s growth forecast to 6 percent from...

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Ministry of Agriculture: the renewal of the food industry is the basis of competitiveness

The goal of the Ministry of Agriculture is to modernize the entire Hungarian food industry, Nagy István, head of the ministry said in Csorna on Friday, according to a statement...

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A banana grown in Ethiopia could be the new superfood

Scientists say that the enset, a banana grown in Ethiopia, could be the new superfood and could provide a life-saving response to climate change, BBC News reported. According to a...

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Consumer confidence in the euro area and the EU deteriorated minimally in January

The European Commission said on Friday that the value of the consumer confidence index in the eurozone, fell by 0.1 points to minus 8.5 points in January. Analysts expected a...

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The United States was the largest foreign market for Russian ice cream last year

The United States was the largest foreign market for Russian ice cream last year. From the Russian specialty product more was sold abroad last year than in 2020, according to...

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Hungarians launch Europe’s first blockchain-based neobank

Pénzügyi szolgáltatói engedélyt kapott az Európai Unió területén Európa első blokklánc alapú neobankja, a BENKER. A Litván Nemzeti Bank által felügyelt, magyar szakemberek által létrehozott neobank, a BENKER új világrendet...

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Ipsos Global Trustworthiness Monitor reveals that pharmaceutical and banking companies and governments are now seen as more trustworthy

New data from the Ipsos Global Trustworthiness Monitor reveals that pharmaceutical and banking companies and governments are now seen as more trustworthy than they were three years ago. • Across...

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FAO: Food prices rose to a 10-year high last year

Last year, food prices rose by an average of 28.1 percent globally, and the index following their movement rose to a 10-year high, according to a report by the Food...

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Raiffeisen: Hungarian economy could expand by 4.5 percent this year

The recovery of the economy may continue, this year the growth rate may exceed 4 percent in Europe and up to 4.5 percent in Hungary, the bank’s analysts said at...

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Profession.hu: companies started a strong recruitment last year

From the point of view of the labor market, 2021 was an unprecedented year, during the twelve months a visible, intense wave of recruitment went through the country, the companies...

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In a week, the PET Cup’s bottle with a transmitter traveled 300 kilometers on the Tisza

A bottle of the PET Cup with a transmitter has traveled almost 300 kilometers in a week, providing useful data for researching the path of waste floating on the river...

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Record inflation emerged in the euro area in December

According to preliminary data, a record high annual consumer price index occured in the euro area in December, according to a quarterly report from Eurostat, the European Union’s statistical office....

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K&H: Companies have also been hit by inflation

Although large companies have typically already incorporated the impact of monetary deterioration into their prices, more than half of firms have difficulty with high inflation. According to the K&H Enterprise...

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Gels are the most popular, followed by laundry detergent capsules and powders

Csilla Pásztor, Henkel Magyarország Kft.’s brand manager relied on Nielsen data when she informed us that laundry detergent sales dropped 0.4 percent in January-September 2021 – value sales were up...

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There is a huge potential for development in domestic factoring

In the last 1.5-2 years, payment deadlines have been noticeably extended. For a wide range of small and medium-sized enterprises, this can seriously hinder the maintenance of liquidity. Among other...

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Magazine: Farm to Fork: The promise of healthier food

The European Parliament (EP) welcomed the Farm to Fork strategy and stressed the importance of producing sustainable and healthy food, so that the Green Deal objectives in the fields of...

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Minister of Agriculture: the performance of agriculture has increased significantly in recent years

The regional productivity of Hungarian agriculture increased by 161 percent between 2010 and 2021, Minister of Agriculture Nagy István wrote on his community page. The head of the ministry drew...

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Nébih: bird flu reappeared in Szabolcs-Szatmár-Bereg county

Highly pathogenic avian influenza has reappeared in Szabolcs-Szatmár-Bereg county, this time in Csengerújfalu, in a roast duck holding a population of 37,000, according to the laboratory of the National Food...

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British inflation is on record

Annual inflation in Britain, Europe’s largest non-EU economy, accelerated to a record-breaking highin December. Twelve-month consumer inflation (CPI) excluding housing costs was 5.4 percent last month, up 5.1 percent in...

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German and euro area economic expectations improved significantly in January

Investor sentiment in Germany and the eurozone improved significantly earlier this year, according to a survey by the ZEW Economic Research Institute in Mannheim. In January, the economic expectations index...

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(HU) Első alkalommal ítélik oda a Jövő vezetője díjat – várják a nevezéseket!

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

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(HU) Minden kezdet nehéz: a TOP 5 leggyakoribb akadály, amivel a kezdő vállalkozások szembesülnek

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

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Excellent genetics and cutting-edge plant protection syngenta’s response to challenges

Syngenta unearthed new milestone hybrids and plant protection solutions at this year’s season-opening event. In addition to sureli, the leading sunflower company, Suvango completes its portfolio, listego pro in sunflower...

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Consumer habits can be permanently transformed

The majority of people are already accustomed to the new way of life created by the pandemic and expect these changes to stay with us, according to the latest EY...

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Magazine: Online retail: The big picture

In early November Chain Bridge Club members gathered and listened to Norbert Madar, the head of GKI Digital talking about how COVID changed the relationship between online and offline retail...

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ÁSZ: customer awareness needs to be strengthened due to the spread of e-commerce

The share of e-commerce in Hungary has grown dynamically in the last decade. There have been a number of technological developments affecting e-commerce and the cash flow that supports it,...

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Unemployment in the OECD fell to 5.5 percent

Unemployment in the Organization for Economic Co-operation and Development (OECD) fell to an average of 5.5 percent in November last year from 5.7 percent in October, the rate has fallen...

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In Croatia, prices will be displayed in euros from September

In Croatia, the price of the products will have to be displayed in euros from the beginning of September, Croatian Prime Minister Andrej Plenkovic said. Croatia plans to adopt the...

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