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Market News

IfW has lowered its German GDP growth forecast for this year
Date: 2021-09-23 11:02:15

The Institut für Weltwirtschaft (IfW), an economic research institute, has lowered its GDP growth forecast for Germany. According to a forecast published on the institute’s website on Thursday, researchers expect...

They’re looking for Hungary’s favorite wines in an audience vote
Date: 2021-09-23 10:21:57

The Vince Prize is calling the whole country to vote. Wine lovers can choose their favorite Hungarian wines, wineries and spirits from the items proposed by professional and public ambassadors...

Sustainability: Final minutes or a new start?
Date: 2021-09-23 10:10:56

According to a study made by the European Commission (EC), European consumers are buying online more often than before and try to buy locally as many times as possible. The...

Equilor: this year’s economic growth could be 6.5 percent
Date: 2021-09-22 11:40:37

According to the latest analysis of Equilor Befektetési Zrt., GDP can be expected to grow by 6.5 percent this year as a whole, which may be followed by 4.5 percent...

AM: Hungary can be self-sufficient from eggs
Date: 2021-09-22 11:31:07

Thanks to agricultural development subsidies, Hungary can become self-sufficient from eggs, the State Secretary for Agriculture and Rural Development of the Ministry of Agriculture (AM) said at the press conference...

The Madarasi birspálinka is protected in the EU
Date: 2021-09-22 11:24:39

With a decree published by the European Commission on Tuesday, “Madarasi birspálinka” (Madarasi quince pálinka) has become a protected name in the EU. This increased the number of Hungarian pálinka...

Eighty-eight Hungarian foods were awarded at the British Great Taste Awards
Date: 2021-09-22 11:21:35

Eighty-eight Hungarian foods were awarded the British Great Taste Awards this year, three of them won the maximum three stars, and another twenty-five foods won two stars. Organized by the...

AM: Hungary can be self-sufficient from eggs
Date: 2021-09-22 10:51:16

Thanks to agricultural development subsidies, Hungary can become self-sufficient from eggs, said the State Secretary of the Ministry of Agriculture (AM) responsible for agriculture and rural development at a press...

Cleaning when the season comes – and in other parts of the year too
Date: 2021-09-22 10:41:02

Edit Oláh, a Vileda – Freudenberg Háztartási Cikkek Bt.’s marketing manager reckons that since the breakout of the COVID-19 pandemic in early 2020 people have been cleaning more often and...

Magazine: Let’s pour clean water into the glass!
Date: 2021-09-22 10:35:40

Szentkirályi Magyarország’s value share of the mineral water market strengthened further in 2020, a year when the natural mineral water market contracted due to the pandemic. Marketing director Nikolett van...

The performance of Hungarian slaughterhouses jumped a lot
Date: 2021-09-21 11:50:30

The amount of goods sent to slaughter increased in almost all major product lines in the first half of 2021 – agrarszektor.hu wrote, based on the latest report of the...

Századvég: the sense of economic activity of enterprises and households also improved
Date: 2021-09-21 11:21:40

The sense of economic activity of households and enterprises has also improved significantly, but it is still in the negative range, improved on a scale of -100 to +100, from...

Wine market overview in 2021
Date: 2021-09-21 11:20:42

The Hungarian wine sector could close an interesting year this year. The cold and rainy spring slowed down the development of the grapes, while the hot and dry summers provided...

AM Secretary of State: The number of recognized irrigation communities has grown to over seventy
Date: 2021-09-21 11:19:43

The number of irrigation communities recognized since June 2020 has grown to over seventy, and the number of farming communities that think in this form is at least sixty, Secretary...

Budapest Airport can implement developments worth 1.53 million euros
Date: 2021-09-21 11:16:38

Budapest Airport can implement developments worth 1.53 million euros, 70 percent of which will be provided by the European Union, and the remaining amount will be covered by Budapest Airport,...

OECD: world’s gross domestic product has reached pre-crisis levels
Date: 2021-09-21 11:05:36

Global gross domestic product has already reached pre-crisis levels in the second quarter of this year, according to the OECD. In its latest global economic growth forecast released on Tuesday...

In the first six months of 2021, the technical consumer goods market reached new peaks
Date: 2021-09-21 10:28:37

The value of the global market for technical electronics (TCG) – excluding North America – rose a record 26 percent to $433 billion in the first half of 2021 compared...

Marketing tool or real commitment?
Date: 2021-09-21 10:27:02

According to the experiences of the Hungarian Chamber of Agriculture (NAK), the pandemic has made self-sufficiency much more important at individual, community and national levels alike – especially in sectors...

More than 13,000 jobs and HUF 450 billion in revenue disappeared from the marketing sector
Date: 2021-09-21 10:21:06

This year, opten and Positive Adamsky presented the development of the Marketing Index (AI), a marketing industry metric introduced last year. It turned out that direct advertising companies had an...

Magazine: Cheese can also be enjoyed hot
Date: 2021-09-21 07:35:42

Cheese sales grew dynamically (by 6 percent in volume and 12 percent in value) last year. There were several reasons behind this trend – one of these is that the...

Vegetables are getting more expensive
Date: 2021-09-20 11:29:34

Vegetable prices have increased drastically in Hungary. A lot of people have to start serious consideration if they want to diversify their diet with vegetables – agrarszektor.hu wrote. According to...

A world-class market town and conference center was built in Budapest
Date: 2021-09-20 11:21:31

As a government development, a world-class trade fair city and conference center was built in Budapest, in the Hungexpo area, the exhibition organizing company told MTI on Monday. The work...

Profession.hu: the companies are looking for almost two-thirds more skilled workers
Date: 2021-09-20 11:21:03

The number of advertisements recruiting skilled, trained and auxiliary workers increased by 61 percent this year compared to 2020, the number of advertisements increased the most in Vas, Győr-Moson-Sopron and...

Excellent fruit yields are expected in Poland
Date: 2021-09-20 11:07:13

According to the estimates of the Polish Statistical Office (GUS), domestic fruit production in 2021 is expected to be around 4.6 million tons, which means a 3 percent increase compared...

USA: retail and hospitality sales increased
Date: 2021-09-20 11:03:09

Retail and hospitality sales increased in the U.S. in August, likely due to school-related shopping and the payment of a tax after child credit. Surprisingly good data may dampen expectations...

Why are the tallest people in the world shrinking
Date: 2021-09-20 11:00:22

For decades, Dutch men and women are the tallest in the world, but the last generation is on average one centimeter smaller than the previous one, researchers explain the reason...

Sustainable groceries are gaining ground
Date: 2021-09-20 10:47:55

The most important directions in food industry innovation target sustainability trends. According to Attila Vörös, managing director of the Federation of Responsible Food Manufacturers (FÉSZ), during the pandemic companies were...

Earnings Alarm Bells Ringing for Market Showing Signs of Fatigue
Date: 2021-09-20 10:29:37

An alarming number of companies have warned that profits won’t meet expectations when they report in a month. The group, including PP Industries Inc. and Sherwin-Williams Co., are primarily materials...

Tea is withdrawn from the market due to its high THC content
Date: 2021-09-20 10:20:23

Due to its high THC content (tetrahydrocannabinol), distributor MH Hungary Kft. recalled and withdrawn the product “organic HAND TEE Felina/organic HEMP TEA Felina/organic Hemp tea Felina”, the National Food Chain...

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IfW has lowered its German GDP growth forecast for this year Date: 2021-09-23 11:02:15

They’re looking for Hungary’s favorite wines in an audience vote Date: 2021-09-23 10:21:57

Sustainability: Final minutes or a new start? Date: 2021-09-23 10:10:56

Equilor: this year’s economic growth could be 6.5 percent Date: 2021-09-22 11:40:37

AM: Hungary can be self-sufficient from eggs Date: 2021-09-22 11:31:07

The Madarasi birspálinka is protected in the EU Date: 2021-09-22 11:24:39

Eighty-eight Hungarian foods were awarded at the British Great Taste Awards Date: 2021-09-22 11:21:35

AM: Hungary can be self-sufficient from eggs Date: 2021-09-22 10:51:16

Cleaning when the season comes – and in other parts of the year too Date: 2021-09-22 10:41:02

Magazine: Let’s pour clean water into the glass! Date: 2021-09-22 10:35:40

The performance of Hungarian slaughterhouses jumped a lot Date: 2021-09-21 11:50:30

Századvég: the sense of economic activity of enterprises and households also improved Date: 2021-09-21 11:21:40

Wine market overview in 2021 Date: 2021-09-21 11:20:42

AM Secretary of State: The number of recognized irrigation communities has grown to over seventy Date: 2021-09-21 11:19:43

Budapest Airport can implement developments worth 1.53 million euros Date: 2021-09-21 11:16:38

OECD: world’s gross domestic product has reached pre-crisis levels Date: 2021-09-21 11:05:36

In the first six months of 2021, the technical consumer goods market reached new peaks Date: 2021-09-21 10:28:37

Marketing tool or real commitment? Date: 2021-09-21 10:27:02

More than 13,000 jobs and HUF 450 billion in revenue disappeared from the marketing sector Date: 2021-09-21 10:21:06

GDPR: the time has come, many companies may be affected by the review obligation Date: 2021-09-21 09:37:29

Magazine: Cheese can also be enjoyed hot Date: 2021-09-21 07:35:42

Vegetables are getting more expensive Date: 2021-09-20 11:29:34

A world-class market town and conference center was built in Budapest Date: 2021-09-20 11:21:31

Profession.hu: the companies are looking for almost two-thirds more skilled workers Date: 2021-09-20 11:21:03

Excellent fruit yields are expected in Poland Date: 2021-09-20 11:07:13

USA: retail and hospitality sales increased Date: 2021-09-20 11:03:09

Why are the tallest people in the world shrinking Date: 2021-09-20 11:00:22

Sustainable groceries are gaining ground Date: 2021-09-20 10:47:55

Earnings Alarm Bells Ringing for Market Showing Signs of Fatigue Date: 2021-09-20 10:29:37

Tea is withdrawn from the market due to its high THC content Date: 2021-09-20 10:20:23