Market News
Consumer confidence in the United States deteriorated in August
Date: 2021-09-01 11:03:37
Consumer confidence in the United States fell more than expected to a six-month low in August as a result of concerns about the rapid spread of a highly infectious delta...
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Poor plum yields may come in Germany
Date: 2021-09-01 11:02:22
According to a recent forecast from the German Federal Statistical Office (Destatis), the volume of domestic apple production this year will be around 937 thousand tons, which is 2 percent...
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Brewing may have begun in China nine thousand years ago
Date: 2021-09-01 11:00:41
According to a new Chinese study, brewing began in China nine thousand years ago, a thousand years earlier than previously thought. Beer drinking was part of the ritual reverence for...
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Marked improvement in operating conditions amid strong demand conditions
Date: 2021-09-01 10:23:03
August PMITM data from IHS Markit signalled a marked improvement in the health of the U.S. manufacturing sector. Although slightly softer than that seen in July, the expansion was supported...
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KSH: earnings increased in June
Date: 2021-08-31 11:30:24
In June, both gross and net average earnings excluding benefits increased by 3.5 percent from a year before. Net earnings, taking into account discounts increased by 3.1 percent, the Central...
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Investments are on historical peak
Date: 2021-08-31 11:20:55
The volume of investments rose to an unprecedented level in the second quarter, when 2,760 billion HUF worth of development was implemented in Hungary, Minister of Finance Varga Mihály said...
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Global coffee supplies may also be hampered by the Vietnamese lockdown
Date: 2021-08-31 11:10:50
Vietnamese exporters fear that pandemic closures in Ho Chi Minh City could cause a serious disruption to the world’s coffee supply, telex.hu wrote after BBC. Vietnam is the second largest...
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Inflation reached a 13-year high in August in Germany
Date: 2021-08-31 11:00:41
In Germany, the highest consumer price increase since July 2008 was measured in August this year. According to preliminary data from Destatis released on Monday, consumer prices rose 3.9 percent...
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Employment at peak, labour shortages return in several areas
Date: 2021-08-31 10:35:35
The economic recovery following the virus crisis is noticeable in the labour market: according to the latest CSO data, employment at record levels and, based on whc group’s own experience,...
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The seedling program with the involvement of the smallest gardeners has been successfully completed
Date: 2021-08-31 09:44:09
Two thousand kindergarteners got acquainted this year with the education of the landscape variety tomatoes thanks to the Ecological Agricultural Research Institute (ÖMKi), the Ovikert program and the Responsible Gastronomic...
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(HU) Uniós oltalmat kapott a Nagykunsági birspálinka
Date: 2021-08-31 09:05:54
Sorry, this entry is only available in HU....
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AM: seed is the best in Hungary
Date: 2021-08-31 09:01:06
The adaptability of plant varieties bred in Hungary under Hungarian climatic conditions is outstanding, which is a valuable property, and it is worth basing agricultural production on them, said Zsolt...
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István Nagy, Minister of Agriculture: we can achieve the diversity and competitiveness of agriculture by exploiting the support opportunities
Date: 2021-08-31 08:56:32
By exploiting the support opportunities, the diversity, stability and competitiveness of agriculture can be realized, said István Nagy, Minister of Agriculture, at the ceremony of the meat processing plant of...
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Analysts wage competition in a tight labor market also carries inflationary risks
Date: 2021-08-30 11:35:08
In addition to the lifting of restrictions in the third wave and the recovery of the service sector, seasonal factors also helped achieve a historic employment level in July. However,...
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Businesses can continue to apply for the Hungarian Multi Program funding of one hundred billion forints
Date: 2021-08-30 11:22:08
The government’s goal is 5.5 percent economic growth, so we are devoting more resources to the Hungarian Multi Program than ever before to help promising domestic businesses become large companies....
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The GDP of OECD member countries has still not reached pre-pandemic levels
Date: 2021-08-30 11:20:30
Domestic product (GDP) in the 37 member states of the Organization for Economic Co-operation and Development (OECD) still did not reach pre-coronavirus levels, although economic growth accelerated in the second...
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The experience of the new energy labeling was summed up by the Association of Conscious Consumers
Date: 2021-08-30 11:20:05
New energy efficiency labels came into effect in March, but these are less well known to consumers, so they don’t trust the new labels. For example, they are afraid of...
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Economic sentiment in the euro area and the EU deteriorated in August
Date: 2021-08-30 11:11:04
The final value of the European Commission’s euro area economic sentiment index in August fell more than previously from the previous month’s peak. The EU sentiment index also declined. Economic...
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The Czech government no longer expects to close the stores
Date: 2021-08-30 11:02:34
The Czech government no longer anticipates the need to restrict shops and services in the autumn as it did in previous waves of the coronavirus pandemic. “We don’t expect to...
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Drought threatens the livelihoods of 7 million farmers in Afghanistan
Date: 2021-08-30 10:46:41
The Food and Agriculture Organization of the United Nations (FAO) has appealed for humanitarian assistance to be scaled up as Afghanistan continues to be hit hard by an ever-worsening drought...
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Compensation allowance for the self-employed can only be claimed for one month
Date: 2021-08-30 09:56:17
Compensation for the self-employed can only be claimed for one month, which the government decided to introduce after the start of the wage support programmes in May. The essence of...
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Nine out of 10 of our Hungarians are seriously concerned about climate change
Date: 2021-08-30 09:53:30
The anxiety of climate change is strongly present in the lives of Hungarians, and they are also striving to reduce their climate footprint on an individual level, according to a...
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GKI’s economic sentiment index continued to rise in August
Date: 2021-08-30 01:02:54
After its big jump in April, GKI’s economic sentiment index was slowly rising in the sum-mer months. According to a survey conducted by GKI with the support of the EU,...
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KSH: the number of employees was 4.7 million in July
Date: 2021-08-27 11:38:33
In July, the average monthly number of employees aged 15-74 was 4,704,000, the Central Statistical Office (KSH) announced on Friday. The figure is 12,000 more than in the previous month...
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The Hungarian melon is sufficient and of high quality
Date: 2021-08-27 11:20:45
The Hungarian melon is of high quality. The production area has slightly decreased due to the pandemic, but its yield has increased, so it has plenty of access to the...
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Decades low consumer sentiment in the United States
Date: 2021-08-27 11:11:38
The University of Michigan’s consumer sentiment index for August in the United States is at a decade low. According to final data released on Friday, the University of Michigan consumer...
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(HU) Továbbra is lendületben az online piac: erős első félévet zártak a hazai webáruházak
Date: 2021-08-27 10:08:59
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Unilever’s factory modernised with environmental considerations in mind
Date: 2021-08-26 15:17:39
Unilever Magyarország Kft. completed the first round of modernisation at its Nyírbátor factory, where drug products are made. The company invested HUF 5 billion in the project that expanded the...
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HelloFresh to enter the Norwegian market
Date: 2021-08-26 15:16:12
Meal kit company HelloFresh SE is entering the Norwegian market. Following the group’s successful launches in Sweden and Denmark, the Norwegian market – with approximately 2.5 million households – offers...
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Lucart doubles storage capacity and introduces innovative palletising robots
Date: 2021-08-26 15:13:09
In July Lucart Kft.’s new, nearly 4,600m² warehouse opened, doubling the company’s storage capacity to approximately 10,000 pallets. The company also installed innovative palletising robots in its Nyergesújfalu facility. Managing...
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