Market News

Inflation in the euro area declined in June

According to preliminary data from the European Union’s statistical office, Eurostat, inflation in the euro area fell in June. In June, according to preliminary data, consumer prices rose 1.9 percent...

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(HU) A gabonatároláshoz is nélkülözhetetlenek az innovatív eszközök

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The excitement of discovery

Gin’s share in the Hungarian spirits market is 2.26 percent at 488,000 litres, while in the market of quality spirits gin has a 2.2-percent share with 210,000-litre sales – we...

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A serious lack of water is coming up

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Magazine: Emotionally the most effective retail commercials in 2020 – Based on Synetiq’s regular neuromarketing testing of television commercials

There were creative retail television commercials in 2020 too. Promotion campaigns, family Christmases, Black Friday messages – all of these were featured and the food was fresh, the prices were...

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MLBKT: The confidence index strengthened in June

The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in June was 54.7 points, further rising from 53.1 points in May, and the sixth highest value in June since...

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Nébih inspects high-risk products containing the E410 additive

The National Food Chain Safety Office (Nébih) provides targeted inspections of high-risk products containing the E410 additive and requests self-inspection from processors importing the E410 additive as soon as possible...

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Retail sales in Germany grew less than expected

Retail sales in Germany grew less than expected in May on a monthly basis after declining in April. The German Federal Statistical Office (Destatis) announced on Thursday that retail sales...

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Shoppers expect more from flavoured waters

According to the Hungarian Mineral Water, Fruit Juice and Soft Drink Association (MÁGYÜSZ), flavoured mineral water sales fell by 18 percent in 2020. The reason behind this sales drop was...

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Magazine: Let’s start jamming!

The home preservation of fruits and vegetables is always trendy: jams, preserves fruit syrups or pickled vegetables are tasty and fun to make. According to Márta Galácz, managing director of...

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KSH: earnings achieved double-digit growth again

In April, the average gross earnings of full-time employees were 440,600 HUF, and the net average earnings excluding benefits were 293,000 HUF, both 10.1 percent higher than a year before,...

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Analysts: a labor-scarce wage-competitive economy to come again

As early as the middle of the year, the labor shortage economic environment may return, in which companies will be forced to raise wages again – a conclusion reached by...

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The euro area economic sentiment index peaked at a 21-year high in June

The Economic Sentiment Indicator (ESI) in the euro area and the EU improved in June, reaching a 21-year high in the euro area. According to a report published by the...

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The VAT-free threshold of 22 euros will end on 1 July

Goods below 22 euros arriving in the European Union from outside the EU will be exempt from VAT on 1 July, but imports of products up to 150 euros will...

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NAV: About 17,000 boxes of cigarettes were found in Újkenéz

The financiers found about 17,000 boxes of cigarettes in Újkenéz, Szabolcs-Szatmár-Bereg County, the National Tax and Customs Administration (NAV) told MTI on Wednesday. According to the announcement, cigarettes of various...

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Lessons learned from the crisis can help to get back on our feet

The coronavirus pandemic put the Hungarian Chamber of Agriculture (NAK) to a great test, too. Our magazine interviewed NAK president Balázs Győrffy. – How did the coronavirus pandemic influence the...

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Magazine: Online retail leaped forward 3 years

Norbert Madar, GKI Digital’s lead consultant has defined what e-commerce is: every order placed online, irrespective of the place of payment and collection, qualifies as online sales in the surveys...

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(HU) A GKI Gazdaságkutató Zrt. előrejelzése 2021-re

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(HU) Blokkk.com: Maszk nélkül boltban: még ez is pénz

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KSH: has increased the number of employees

In May, the average monthly number of employed persons aged 15-74 increased by 55,000 compared to the previous year, and by 47,000 compared to the previous month, and reached 4,607,000,...

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The Századvég Economic Researcher has improved its growth forecast

Epidemiological restrictions imposed due to the spread of the coronavirus have caused a milder-than-expected decline in the economy, so its restart may be faster. In the light of this, the...

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Ministry of Agriculture: the support of the beekeeping sector is a public interest

Hungary supports the review of the special protection objectives for bees by the European Food Safety Authority, Minister of Agriculture Nagy István said at the Luxembourg meeting of the Agriculture...

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Which country has the richest population?

As a global investment banking and financial services company, Credit Suisse Group AG has revealed in its latest report which country has the most millionaires. The ranking was based on...

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EBRD: emerging European economies will recover faster than expected

Europe’s emerging economies, including Hungary, are likely to recover from the coronavirus outbreak at a faster pace than previously expected, although the region’s public finance risks have also increased due...

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Products could become more expensive due to rising fuel prices

Due to the increase in diesel prices since the beginning of the year, which has so far been around 14%, and the expected continuation of the negative trend, it is...

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This is where the competition for Hungarian SMEs is decided

The most important driver of this during the pandemic. Independent work and work culture has consistently been at the top of the company leaders’ priority list, and more and more...

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COVID-resistant tobacco industry and retail

With limited opening hours, National Tobacco Shops could stay open without interruption during the pandemic. In 2020 the sales revenue of these units grew by 11 percent and reached HUF...

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The new partner of the Hungarian tech company is VD Gulf, one of the leading air maintenance companies in the Middle East

The market for high-tech MRO (aircraft maintenance) solutions will exceed $1.8 billion ($540 billion) by 2030, up from $606 million (nearly $200 billion) last year, according to industry experts, an...

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(HU) 10 konyhai tipp a fenntarthatóság jegyében

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