Market News
Budapest Bank’s agricultural economic index rose to a record level
Hungarian farmers have a positive view of the future. Budapest Bank’s latest agricultural economic index was 16 points, the highest value in the last 6 years, an increase of 20...
Read moreOcean shipping can pocket huge profits
This year could be a big year for ocean shipping companies, as they could pocket up to 100 billion USD in profits in 2021, origo wrote. In addition, analysts say...
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Organic farming on an upward trajectory in Hungary
In Hungary, the ecological arable land size has increased by about 70 percent to almost 100,000 hectares in the last ten years. According to the working group of the Interprofessional...
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UN report: Pandemic year marked by spike in world hunger
There was a dramatic worsening of world hunger in 2020, the United Nations said today – much of it likely related to the fallout of COVID-19. While the pandemic’s impact...
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Blokkk.com: Budapest stores are the last to open
The traditional shopkeeping industry is improving. The hunting of real estate and moving away from the epidemic is also reflected in the shop world, since the shops of the capital...
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Analysts: inflation is worse than expected
According to analysts interviewed by MTI Inflation turned out worse than expected in June. The expect the central bank to continue raising interest rates. According to a report by the...
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At the end of June, Groupama received almost 1 billion HUF in agricultural claims
After the last weekend of June, Groupama received almost 600 claims worth a total of 1 billion HUF, the insurance company told MTI. The damage was mainly caused by hail...
Read moreK&H Bank: The expectations of SMEs are on a 17-year peak
The K&H Bank’s SME Confidence Index rose by twenty points, to the most optimistic value of a survey examining the expectations of Hungarian small and medium-sized enterprises for 17 years....
Read moreAnother tender was announced to support horticultural plants
With a budget of fifty billion forints, another tender was announced for the technological renewal of smaller horticultural plants, the Minister of Agriculture announced in Szentes on Thursday. Nagy István...
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Small farmers will have more space
Hungarian small producers, family farmers, micro, small and medium food enterprises are the basis of Hungarian agriculture. The Ministry has set a vision for giving these small entrepreneurs even more...
Read moreMinistry of Agriculture: the domestic food industry can count on government support
Increasing the productivity of the Hungarian food economy is a key issue, for which it is extremely important to support digitization and the application of new technologies, Erdős Norbert, State...
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Here are the data, where are the data…?
In today’s more and more digital economy one of the most important questions is: What is happening to the data of the customer when they buy something online? E-commerce operations...
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The forecast of GKI Economic Research Co. for 2021 – Summary of the June update of the March 2021 forecast for the press, 30 June 2021
GKI raised its growth forecast for this year very significantly to 7 per cent from 4.3 per cent in March. This is based on a faster-than-expected recovery from the crisis,...
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KSH: prices increased by 5.3 percent on an annual basis In June
In June, consumer prices were on average 5.3 percent higher than a year before, and the prices of alcoholic beverages, tobacco and fuel have risen significantly in the past year,...
Read moreKopint-Tárki expects higher economic growth compared to its previous forecast
Kopint-Tárki expects GDP growth of 5-5.5 percent this year, instead of the 4.5 percent indicated in April, according to the latest business report published on the research institute’s website. In...
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Chamber of Agriculture: Hungarian watermelon will be of high quality
The watermelon harvest will begin in the southern regions of the country at the end of this week, and due to the favorable weather in recent weeks, producers expect excellent...
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FAO: food prices decreased in June for the first time in 12 months
In June, for the first time in 12 months, food prices fell globally on a monthly basis. The Food and Agriculture Organization of the United Nations (FAO) calculated that the...
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K&H is urging the modernization of grain storage
Modern grain storage could reduce losses to a fraction, but most domestic storages have not been developed for decades – K&H told MTI. According to the financial institution, the development...
Read moreRetail sales in the Czech Republic grew by 5.8 percent in May
In May, retail sales in the Czech Republic rose 5.8 percent year-over-year, the Czech Statistical Office (CSÚ) announced in Prague on Thursday. According to CSÚ, this is data adjusted for...
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The domestic food industry can count on the government’s support
Increasing the productivity of the Hungarian food economy is a key issue, for which it is of paramount importance to support digitalisation and the use of new technologies, said Norbert...
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(HU) Megjelent a rendelet az új maszkviselési szabályokról
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Read more(HU) Felfelé ívelő pályán az ökológiai gazdálkodás Magyarországon
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(HU) Itt a nyár, itt a lazítás, megindul az ország
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Analysts expect further growth in retail sales
Analysts interviewed by MTI expect further growth in retail sales in the coming months, commenting on the latest data. The Central Statistical Office (KSH) announced on Tuesday that in May,...
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The harvest started in Békés county
The harvest has started in Békés county. Farmers expect excellent harvest from winter barley, but winter wheat is expected to be a medium to weak this year, the Békés county...
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Hungarian wines performed well this year as well
Several Hungarian wines have managed to win at the prestigious field the Decanter World Wine Awards (DWWA). The Hungarian wineries won a Best In Show Grand Prix, 4 platinum and...
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Based on the results of Hungarian researchers, mushroom growing can be made safe
In accordance with food safety regulations, the cultivation of edible mushrooms can be mycotoxin-free thanks to the results of a research and development project implemented from the professional leadership of...
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The European economy is expected to recover faster than expected
The European economy is expected to recover slightly faster than expected as economic activity exceeded expectations in the first quarter of the year and the lifting of restrictions on curbing...
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Completely new set-up for post-covid businesses
The COVID-19 pandemic has raged on for almost a year and continues to create significant challenges for a variety of business sectors. As countries around the world struggle with crushing...
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(HU) Csokoládé világnapja: szabadalmi bejelentések a múltból
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