Market News

(HU) Rekord M&A-láz a globális vállalati szektorban

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OMÉK is about to open its gates

From 7 to 10 October 2021, the 2021 National Agricultural and Food Exhibition and Fair (OMÉK) will be held as an accompanying event of the “One with Nature” Hunting and...

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Professional dialogue is also needed in wage matters

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Coffee can also become more expensive, with supplies at risk

Concerns are growing over global coffee supplies amid tough coronavirus travel restrictions imposed in Vietnam to tackle the spread of the aggressive Delta variant of Covid-19. Supply chains are been disrupted after Vietnam, the...

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Generation Z breaks into e-commerce with increasing purchasing power and strong expectations

Online shopping is becoming more and more popular not only among the working-age population and older people, as the presence of Generation Z in e-commerce is also increasing. Teenagers and...

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But who is responsible for sustainability?

More and more people are seeing the importance of sustainability, but there is no consensus among the different age groups on which generation and how much sacrifice they should make...

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Retail sales in Hungary are starting to recover

Following the shutdowns after the coronavirus pandemic, it is now apparent that retail sales in Hungary are starting to recover, whose turnover increased by 3 percent in July compared to...

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London analysts: Hungarian economy’s growth rate could reach 7 percent the this year

According to a recent forecast by London macroeconomic analysts, this year’s full-year growth rate of the Hungarian economy could reach 7 percent. London analysts say Hungarian economy could grow up...

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A one-month campaign was launched to encourage game meat consumption

The Agrármarkering Centrum launched a one-month campaign to encourage game consumption called “Terítéken a vadhúsok – Ízvadászatra fel!” At the press conference of the campaign on Saturday at the 14th...

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A record amount of early cereals were harvested in Ukraine this year

In Ukraine, 44.8 million tons of early grain and legumes were harvested this year, a new record in the thirty years since the country became independent, Agriculture Minister Roman Leschenko...

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In Romania, retail sales increased by 12.5 percent in the first seven months of the year

In Romania, the volume of retail sales increased by 12.5 percent in the first seven months compared to the same period last year, the Romanian National Statistical Institute said on...

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Growth in economic activity in the euro area slowed somewhat in August

Growth in euro area economic activity has moderated moderately, according to the final data of the monthly regular survey of purchasing manager index of the IHS Markit Institute for Economic...

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KSH: retail sales increased by 3.0 percent in July

In July, the volume of retail sales increased by 2.5 percent, according to the raw data, and by 3.0 percent compared to the same period of the previous year, the...

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Wild meat consumption promotion campaign launched

For the first time promotes “Taste hunt up! The consumption of wild game meat is discussed.” the Ministry of Agriculture (AM) in cooperation with the Agricultural Marketing Centre (AMC), said...

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BMI: Strong end-of-summer expansion

The seasonally adjusted August value of the Purchasing Managers’ Index (BMI) was 55.9....

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Consumer price growth accelerated in OECD countries in July

In the Member States of the Organisation for Economic Co-operation and Development (OECD), annual consumer price growth accelerated to 4.2 percent in July from 4 percent in June....

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Analysts: the performance of the Hungarian economy is balanced and exceededs pre-pandemic levels

The performance of the Hungarian economy in the second quarter exceeded not only the level of the second quarter of 2019, but also of the last quarter before the pandemic,...

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Nagy István: one-year transition period to help prepare for the new wine law

The new wine law came into force on 1 August, and preparations for the new rules will be supported by a one-year transition period until 31 July 2022, the Minister...

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The tender to encourage the dissemination of consumer protection knowledge at school is being relaunched

At the beginning of the school year, the Ministry of Innovation and Technology will reopen its application encouraging the dissemination of consumer protection knowledge that can be used in practice...

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EU’s largest peach growers perform at a record low

According to Europêch, the lowest peach and nectar production in the last 30 years will take place in 2021. The four leading peach and nectar producing Member States of the...

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Ministry of Agriculture: In the coming years, the application opportunities for agricultural development will not be reduced either

Thanks to the resources available until the end of the EU development cycle, the opportunities for tenders to improve the efficiency and competitiveness of the sector’s participants will not be...

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By 2025, it will be unthinkable to have an agribusiness without a drone

In addition to the construction, law enforcement and security areas, drones are now becoming increasingly popular in agriculture. The trend is illustrated by the fact that while it is estimated...

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Global food commodity prices rebound in August

Global food commodity prices rebounded rapidly in August after two consecutive months of decline, led by strong gains in the international price quotations for sugar, wheat and vegetable oils, the...

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5 expert tips to get rid of hangover

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The innovation of a Hungarian startup brings contactless parking to Westend

Thanks to a Hungarian development, westend visitors can now park in the parking lots of the shopping center in a completely contactless and environmentally friendly way. In the Westend application,...

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KSH: industrial production grew by 7.3 percentage points and services by 7.0 percentage points in the second quarter

The volume of gross domestic product (GDP) increased by 17.9 percent in the second quarter, compared to the same period last year, the Central Statistical Office (KSH) confirmed on Wednesday...

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Grain prices are high, flour may become more expensive

We need to be prepared for the fact that meat, bread and milk will definitely become more expensive in Hungary, and if all this is not enough, another flour increase...

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Imports grew faster than exports

In June, the value of exports in euros increased by 21.8 percent, imports by 25.1 percent, and the export surplus of 629 million euros was 98 million less than a...

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Nébih’s catering information page has been launched

To support the application process and procurement, the National Food Chain Safety Office (Nébih) has set up a catering information page. According to a statement sent to MTI by Nébih...

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Wine production is expected to slow in France

Exports of French wines and spirits were remarkably high in the first half of 2021, exceeding pre-coronavirus levels in several markets, but this year’s wine production is expected to be...

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