Market News

(HU) A GKI konjunktúraindexe novemberben kissé csökkent

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Survey: Hungarians plan to spend an average of 59,000 HUF on Christmas presents this year

The Hungarian population plans to spend an average of 59,000 HUF per person on Christmas gifts this year, Telenor told MTI on Friday based on a nationally representative survey of...

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Agricultural outut in the EU decreased in 2020

The agricultural production of the European Union decreased significantly last year, writes agrarszektor.hu. According to Eurostat, the sector’s output in 2020 was 1.1 percent lower than in 2019. The biggest...

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HEPA is building business relations with Canada

In order to strengthen the business relations between Canada and Hungary and to establish new relations, the business delegation of the Hungarian Export Development Agency HEPA visited Canada, the HEPA...

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An agricultural hall built in Vésztő for two hundred and twenty million forints

An agricultural hall in Vésztő, Békés County, was built with two hundred and twenty million forints of EU support. The 1,200-square-meter facility also has two cold rooms and a crop...

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Consumers are not familiar enough with dietary supplements, according to a survey by Nébih

According to Nébih’s survey, many people consume food supplements, typically several kind of, but not everyone is aware of the basic information about the product range, so the agency’s experts...

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Kende Gastro to open automated store in Budapest featuring AiFi technology

At the September meeting of the Chain Bridge Club Gábor Kende, founder and director of Kende Gastro introduced their cashierless automated store, which is to open in Agora Budapest and...

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The Conference Board’s overall U.S. economic index rose in October

The Conference Board’s Economic Research Institute’s Comprehensive U.S. Economic Index rose more than expected in October. According to a report released by the institute on Thursday, the value of the...

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(HU) Először hazánkban a Miskolci Egyetemen érhetőek el a csomagolásmentes vízautomaták

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(HU) Átlagosan közel 60 ezret tervezünk idén karácsonyi ajándékokra költeni

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Farm 2 Fork strategy: A roadmap for the European food industry in the next decade

What is Farm 2 Fork? It was in May 2020 that the European Commission published its Farm 2 Fork (F2F) strategy. It is basically an action plan at the heart...

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New feature with Nielsen Brandbank

Nielsen Brandbank, the leading provider of digital product content solutions, unveils new content capabilities as part of their new Shopper Experience Platform. This platform enables brands to understand how complete...

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Versatile kitchen rolls remain popular

Réka Forgách, Essity Hungary Kft.’s brand manager told our magazine that household paper product sales maintained the 2020 level in value; however, in volume there was a slight decline. Sales...

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KSH: The rise in agricultural producer prices slowed down in September

The four-month acceleration in the rise in agricultural producer prices came to a halt in September: purchase prices were 23.6 percent higher than a year earlier, 0.5 percentage points lower...

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AM: investment program was launched for the competitiveness of agriculture

In the next seven years, agriculture will be characterized by priority support for investments and precision developments related to the digital switchover, encouraging technological change, which will help farmers increase...

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Szijjártó: Hungary is the main investment destination for Chinese companies in Central Europe

“The government’s strategy of opening up to the east has proved to be a clear success story, which is also evident from the fact that Hungary has now become the...

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Intrum: public solvency remained high, but declined slightly

The solvency of the population decreased by 8 percent compared to the previous quarter, but is 14 percent higher than in the same period of last year, according to the...

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It is already possible to apply for investments against frost damage

The applications for the support of investments for the prevention of spring frost damage can be submitted from 17 November, Minister of Agriculture István Nagy informed in a statement of...

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Analysts: economic growth has slowed more than expected

The growth of the Hungarian economy in the third quarter came as a negative surprise, analysts told MTI, who see growth slowing more than expected in the third quarter. Economic...

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MNB: households’ willingness to save in the third quarter declined

Households’ financial savings fell by a third to 681 billion HUF in the third quarter compared to the previous year, by 14 percent year-on-year, according to preliminary data published by...

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ÖMKI: new videos in the library supporting organic farming

The video library of the Research Institute of Organic Agriculture (ÖMKI) supporting organic farming will be expanded with new short films, ÖMKI told MTI on Wednesday. The site, which contains...

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Hungarian researchers received a grant of 2.5 million euros to study ecological grazing methods

Hungarian researchers have received 2.5 million euros in EU funding for studies to reduce the environmental impact of ivermectin use in agriculture, ELKH told MTI. Modern animal husbandry today is...

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Moderate consumption of tea and coffee may reduce the risk of stroke and dementia

Moderate coffee and tea consumption may be associated with a reduced risk of stroke and dementia, a new study by The Guardian found. Scientists have followed the data of 365,000...

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Avian influenza has also appeared in two farms in Bács-Kiskun County

The presence of avian influenza virus was detected in animals in two farms in Bács-Kiskun County, the laboratory of the National Food Chain Safety Office (Nébih) confirmed. The affected stocks...

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PLMA’s 2021 “World of Private Label” International Trade Show cancelled

Based on the press release of PLMA International Council issued on 15. November, the personal Trade Show had to be cancelled in spite of all the automn advertising campaign. As...

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Inflation accelerated to a near 30-year high in the euro area in October

Steeply rising energy prices pushed inflation in the euro area to a 30-year high of twice the central bank target in October. According to the final data released by the...

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GKI forecast for 2021-2022 – Ahead of the parliamentary elections

GKI forecasts a 7-percent economic growth for 2021. In the first half of the year the increasing export surplus was the engine of growth, while in the second six months...

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