Market News
KSH: changes in the calculation of core inflation
Taking into account European best practices, the Central Statistical Office (KSH) will change the range of products and services used to calculate core inflation from April: in the future, changes...
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Takarékbank: personal loan lending may increase to fivefold by the end of the year
After the pandemic subsides, the demand for personal loans may increase, the volume of 5 billion HUF placed with Takarékbank by the middle of April may jump fivefold by the...
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AM: successful small business tender
More than 1,000 farmers have already won support in the small-scale tender, said Minister of Agriculture Nagy István, according to the ministry’s statement on Wednesday. The Minister drew attention to...
Read moreLogistics companies are pushing for more effective control of transport
Licensed non-EU carriers cause hundreds of billions of forints in revenue loss in the domestic carrier market and ten billion forints revenue loss to the budget due to non-payment of...
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The hourly rate for blue collar workers has not yet reached the level of HUF 1400
In the first quarter of this year, the average gross hourly wage of skilled and trained manual workers was HUF 1,388, according to Trenkwalder’s analysis of wage data for nearly...
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Customers return with new strategy after forced closure
The attendance of the technical stores is approaching its pre-closure period. The company was waiting for visitors with stockpiles. Since the stores reopened, shoppers have been buying technical items like...
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The Hungarian company car market is holding up: company leaders are thinking almost exclusively about buying new cars
As a result of the coronavirus outbreak, a third of Hungarian ceos took a waiting position on the expansion of the company fleet and postponed the purchase of cars, while...
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China’s investment mood slows in Europe
The buying mood of Chinese companies is at a multi-year low not only globally, but also in Europe. At the same time, investment incentives remain strong, which could help Chinese...
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Walgreens rolls out 2-hour delivery nationwide
Walgreens announced on 4. May that it has launched contactless delivery in under two hours nationwide. Customers nationwide are now able to order more than 24,000 items directly from Walgreens for Same...
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Hungarian manufacturing companies can apply for €5 million
EIT Manufacturing, the European Institute of Innovation and Technology’s organisation supporting manufacturing technology innovations, is launching its regional innovation programme RIS (RIS) again this year. The aim is to increase...
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(HU) Munkaviszony és a covid: mire jó a védettségi igazolvány?
Sorry, this entry is only available in HU....
Read moreITM: everything seems to be fine in the vast majority of stores
Slowly, it’s been a month since stores that sell non-daily consumer goods could reopen. Compliance with the related emergency rules are monitored by the consumer protection authority for three weeks....
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Ministry of Agriculture was successful in the professional consultation on the green standards of agricultural subsidies
The professional consultation on the environmental and climate protection regulations of the area-based agricultural support system planned to operate in the period after 2023, involving thirty agricultural professional organizations, environmental...
Read moreCBRE: the value of real estate investments increased in the first quarter
Hungarian real estate investments were worth 179 million euros in the first quarter, up 27 percent from a year before, CBRE, the world’s largest commercial real estate and investment company,...
Read moreConsumer sentiment has continued to improve in the United States
With higher-than-expected monthly growth, the University of Michigan’s consumer sentiment index peaked in April. According to a report published on the institution’s website, the final value of the mood index...
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Harrods open second H beauty emporium
Following the launch of its inaugural store in Lakeside, Essex in September 2020, Harrods has announced the opening of its next stand-alone H beauty destination in centre:mk, Milton Keynes. The 29,000 sq.ft....
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Sustainability tender helps the SME sector to recover economically
Generali Insurance is launching a tender for small and medium-sized enterprises in the areas of employee welfare, environmental protection and responsibility for micro-communities. SMEs can apply for projects that have...
Read moreVarga Mihály: the Weekly Economic Index indicates the resumption of the Hungarian economy
The resumption of the Hungarian economy is indicated by the Weekly Economic Index developed in the Ministry of Finance, wrote Minister of Finance Varga Mihály on his community page. He...
Read morePlum pálinka in Nagykunság has received EU protection
With the decision of the European Commission on Monday, ” Nagykunsági Plum pálinka” became a protected name in the European Union, the Ministry of Agriculture (AM) told MTI. “Nagykunsági Plum...
Read moreLondon investor survey: the sentiment of the global business sector further improved
The sentiment in the global corporate sector has continued to improve over the past month, but business concerns about the coronavirus pandemic remain significant and many market participants say the...
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BMI: A slight expansion in April
The Purchasing Managers’ Index (BMI) seasonally adjusted April value is 50.8. • Compared to previous Aprils, this year’s figure is below the long-term April average (51.8) but above the average...
Read moreThere was a significant increase in retail sales in Germany in March
In March, retail sales in Germany were much better than expected, both in monthly and in annual terms. The German Federal Statistical Office (Destatis) said on Monday that, on a...
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Winners’ Games 2021
The winners of the Shop! Gllobal Awards were announced. Only national and regional gold medalists can enter this competition, so it is considered the „Oscar” for the POP industry. The...
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Prices are skyrocketing – but how long should this last?
Analysts and experts have been speculating for several months about whether a new commodity supercycle could be launched, which could lead to persistently higher commodity prices or only a temporary...
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The picture of how the Hungarian economy has been through the third wave of the epidemic is slowly coming together
Although the first quarter GDP figures will have to wait a few more weeks, in addition to investments, all relevant parts will be released in the next few days, giving...
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Another price increase is expected in the vegetable market
The inclement weather in early spring means fewer vegetables will be in stores this year, which also means a price increase. This fund does not avoid more expensive organic or...
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AM: Food companies can apply in several stages
A 50 billion HUF tender will be launched in June for micro and small enterprises in the food industry, which can be used primarily for the acquisition of assets, after...
Read moreThe Hungarian Dairy Experimental Institute is building a research and development and innovation center
The Hungarian Dairy Experimental Institute Ltd. is building a research and development and innovation center, experimental plant and laboratory in Mosonmagyaróvár from more than three billion forints. Minister of Agriculture...
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