Market News

AM: winter seasonal food chain inspection to start

From December 1, Erdős Norbert, State Secretary for Food Chain Supervision of the Ministry of Agriculture (AM) orders a winter seasonal food chain inspection. The aim of the campaign is...

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Analysts: further slowdown in economic growth may come

Due to component shortages, the energy crisis and the fourth to fifth waves of the pandemic, analysts told MTI that a fear further slowdown in economic growth may occur. In...

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ITM: Inspectors found a labeling deficiency in case of only one chocolate Santa Claus

“Consumer protection found a labeling deficiency in case of only one chocolate Santa Claus in Santa’s bag” Schanda Tamás announced. The parliamentary and strategic secretary of state for the Ministry...

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A breeding turkey flock was eradicated in Békés county due to avian influenza

Avian influenza virus has been detected in a breeding flock of breeding turkeys numbering almost 5,000 in Kondoros, Békés County. In order to prevent the spread of the disease, the...

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Nine-month low in the US consumer sentiment in November

Consumer sentiment in the United States deteriorated more than expected in November, according to a report by the Conference Research Institute for Economic Research. The sentiment index fell 109.5 points...

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The mentoring program is the solution for the rapid integration of new colleagues

The integration process of newly recruited colleagues is decisive for both the company and its employees. Smooth learning is worth it for all participants in terms of productivity, and quick...

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GKI consumer confidence index fell sharply in November

GKI’s economic sentiment index declined slightly in November. Business expectations continued to strengthen, whereas consumer ones weakened. According to a survey con-ducted by GKI with the support of the EU,...

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Women are more stressed, the poorest and the richest don’t sleep well

Generali Insurance first assessed the general financial situation, social fixations, fears and beliefs of generation X Hungarians last year, based on the realization that the 2.5 million people are the...

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Building a company in COVID: it’s especially difficult for the little ones

As the holidays approach, the yearly evaluation, the setting of the goals for 2022 and the strategic planning will also begin in business. Due to the undulating crisis situation and...

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Henkel continues on growth path with strong sales increase in third quarter

Group sales grow organically by +3.5% to around 5.1 billion euros, nominal +1.9%: – Adhesive Technologies achieves very strong organic sales growth of +7.0%, nominal +7.1% – Beauty Care records...

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Vodafone publishes international research on the future of businesses

What does it take to be a ‘fit for the future’ business? At the start of this project, Vodafone Business approached us with an intriguing question. Like us, it was...

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Atradius: improved pay patterns, less late payment in the economy

The stock of overdue intercompany (B2B) account debts in Hungary decreased significantly from 46 percent last year to 34 percent. This is, among other things, what is in the analysis...

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Research: between 50,000 and 200,000 household items spent in the past year

Hungarians regularly bought household appliances during the second and third waves of the pandemic, but four out of ten only sold new products for between FIFTY and two hundred thousand...

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Rapidly rising wages in the IT labour market, this year there was even more demand for IT professionals

There has been a steady increase in demand for IT professionals, remote work has become natural, and the most popular programming languages are Java, Javascript, C/C++, C#. More and more...

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The national eco-wheat variety experiment was successful

A total of 21 winter wheat varieties, which are promising for eco-farming in Hungary and abroad, have been tested in seven locations in the eco-small parcel variety test network of...

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KSH: GDP grew by 6.1 percent in the third quarter

Gross domestic product (GDP) grew 6.1 percent year-over-year in the third quarter, up 0.7 percent from the previous quarter. In the first three quarters, the performance of the economy exceeded...

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According to the OECD, the global economy will slow down in the next two years, including in Hungary

The OECD expects global economic growth to slow in the next two years compared to this year, with higher and more persistent inflation in the economic outlook being the biggest...

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Earnings growth will increase further next year

Wage outflows remain high. Analysts expect increases with next year’s increases and benefits. They also warn that all of this has been offset by rising inflation risks. According to a...

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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...

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German 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...

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