Market News
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...
Read moreNAV: 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...
Read moreMinistry 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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Magazine: From adapting to living with the pandemic
The first wave of the pandemic was about panic and thus we panic-shopped. The second wave of the pandemic (2020 Q4) was about adjusting and with our 3rd lockdown we...
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Ministry of Agriculture Agreement reached on CAP reform in Luxembourg
An agreement has been reached on CAP reform in Luxembourg. Under the leadership of Hungary, the interests of small farms have been defended with enormous efforts, the Ministry of Agriculture...
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Takarékbank expects rapid growth this year
Takarékbank, which belongs to the Magyar Bankholding, improved its GDP growth forecast by 1.1 percentage points to 7.7 percent this year due to significantly better-than-expected GDP data in the first...
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Nagy István: a close to average yield is expected
Product estimation data are encouraging. The Chamber of Agriculture’s forecast for this year indicates close-to-average quantities, with some of the area’s declining yields being offset by relatively favorable yields per...
Read moreThe EC draws attention to the new VAT rules for online shopping
New VAT rules for online shopping will go into effect on July 1, with the aim of creating a more level playing field, facilitating cross-border e-commerce and making pricing more...
Read moreConsumer sentiment improved in the United States in June
Consumer sentiment in the United States improved in June, according to a standard monthly survey of the University of Michigan. Data released on Friday show that the consumer sentiment index...
Read moreSurvey: third of UK companies trading with the EU reported a drop in turnover
Nearly a third of British companies trading with the European Union reported about a drop in turnover or a total loss of EU turnover, according to a recent survey by...
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Agreement reached on CAP reform in Luxembourg
Hungary, he made great efforts to protect the interests of small farms. At the Agriculture and Fisheries Council meeting on 28 June, the Ministers of Agriculture agreed on the main...
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Wolt Market is coming
“We plan to set up it first in Budapest in September, and then maybe in other cities, where we have our own in-house purchasing colleagues assembling a portfolio that we...
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Most home officers want to work from home later, too
GKI Economic Research Zrt. examined the views of teleworking workers under restrictions due to the coronavirus epidemic situation on a representative sample of 1,000 people, on what form they expected...
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(HU) Felkészülnek a webáruházak – változnak a szabályok
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Magazine: In colour, taste and effect – ice tea is so hot!
András Palkó, marketing operations manager of Coca-Cola HBC Magyarország revealed to Trade magazin: the closure of hospitality units because of the pandemic entailed a 15-percent contraction in ice tea sales....
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