Market News
Year of the Tiger – and struggles too
2022 is the Year of the Tiger and the astrologists say it will also be full of struggles, but luckily our efforts will bear fruit. Looking back on the last...
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OECD-FAO Agricultural Outlook presents production, consumption, trade and price trends for the coming decade
With less than 10 years until the 2030 deadline for achieving the UN Sustainable Development Goals (SDGs), governments need to step up their efforts to meet global food security and...
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Magazine: Future-resistant food industry: What does crypto mining have to do with stevia?
Rethinking is necessary Food futurist Júlia Dalmadi was the guest at the January 2022 meeting of the Chain Bridge Club. She told that there is growing demand for the food...
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Companies’ efforts to increase prices did not ease in February either
GKI’s economic sentiment index fell in February after a January rise, within the statistical margin of error. According to a survey conducted by GKI Economic Research Co. with the support...
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Coface: Economy under double press: Russian-Ukrainian crisis could lead to stagflation
The escalation of the conflict in Ukraine and the invasion of the latter by the Russian military on 24 February has triggered turmoil in the financial markets, and drastically increased...
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Chinese industry and retail sales increased significantly in the first two months of the year
Chinese industry and retail sales grew significantly in the first two months of the year, and the pace of expansion far exceeded analysts’ expectations of a slowdown in growth....
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Caola Zrt. is building a new factory
The foundation stone of the 4000 sqm production hall, which will be built on the martonvásár industrial park area later this year, has been laid. The investment was made in...
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Domestic organic farming can develop along a new action plan
The Ministry’s National Action Plan for the Development of Organic Farming, published by the Ministry of Agriculture, sets out a strategic vision for 2027....
Read moreConsumer sentiment in the United States deteriorated in March
Consumer sentiment in the United States deteriorated more than expected in March due to concerns about high inflation. The consumer sentiment index fell from 62.8 points in February to 59.7...
Read moreOECD: growth in the G20 slowed in the last quarter of last year
Economic growth in the G20, which brings together the 19 largest economies and the European Union, slowed in the last quarter of last year compared with the previous quarter. According...
Read moreZEW’s economic sentiment index in Germany decreased in March
The economic sentiment index, which reflects 6-month German investor expectations, fell more than expected – according to the March survey by the ZEW economic research institute. The indicator fell to...
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Hand in hand
In this article, we have made an attempt to map the most probable shopping trends showing up in 2022. Just for me and right now A Retail Customer Experience study...
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Magazine: It is the taste of ham that matters, not its size
It is high season for ham before Easter, but this time of the year is only one stronger period in a diverse category that realises a good sales performance throughout...
Read moreRetail chains are open to refugee employment
There is a shortage of labour at both smaller and larger retail chains in Hungary, and therefore companies are open to employing those fleeing the war in Ukraine, the Secretary...
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Bread prices rising soon
Unfortunately, in 2022, we were able to realize quite early on that the upward trend in food prices that had been the norm last year would continue. In the case...
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MNB: credit dynamics in corporate and retail lending were outstanding last year
Last year, the loan portfolio of companies was almost 11 percent higher, while the loan portfolio of SMEs was nearly 17 percent higher than a year earlier. The retail loan...
Read moreKSH: passenger transport increased, freight transport decreased in the fourth quarter of 2021
Passenger transport increased, freight transport decreased in the fourth quarter of last year compared to a year earlier, and none of them reached the pre-pandemic level of the fourth quarter...
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Jófogás: 25 percent of workers change jobs every year
Twenty-five percent of employees change jobs every year, and one in two employees is thinking about changing jobs, the Mófogás advertising portal told MTI on Thursday. Jófogás reviewed almost 18,000...
Read moreAnnual inflation in the Czech Republic rose to 11.1 percent in February
Annual inflation in the Czech Republic rose to 11.1 percent in February from 9.9 percent in January, the Czech Statistical Office announced in Prague on Thursday. Inflation in February was...
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The team is ready!
On 23-24 March the European final of Bocuse d’Or will take place at Hungexpo. Zoltán Hamvas, president of the Hungarian Bocuse d’Or Academy told our magazine that the Hungarian team...
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Intralogistics development completed at BME
At the event of the Hungarian Logistics Association (MLE), Hungary’s newest intralogistics laboratory was presented, which was renewed by the Budapest University of Technology and Economics (BME) with the support...
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AM: decision-making on applications is continuous
In addition to the support policy in force in the 2023-2027 phase of the Common Agricultural Policy, the Minister of State for Agriculture and Rural Development of the Ministry of...
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What is the Green Deal? Only a few companies know it yet, so preparations are still to come.
The European Union Green Deal, adopted in December 2019, is the EU’s ambitious and comprehensive blueprint to become the first climate neutral continent. It will fundamentally transform the European economy...
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Other important tax deadlines, worth complying with
There are three deadlines in March that are also important for micro-enterprises, which is not worth post-delaying, said Dr. Brigitta Mucsi-Szabó, an expert at BDO Hungary Tax Consulting Ltd. In...
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Nearly 400 forints euro: medical aid distributors ask the government to amend the Pharmaceutical Economy Act
The 800,000 Hungarian patients who are entitled to use social security-supported medical aids for the treatment of their permanent or temporary disability need urgent intervention on the part of the...
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Magazine: Optimistic investors in the SME sector
The latest market research of Magyar Bankholding and NMS Hungary focused on the planned and realised investments of SMEs with a minimum sales revenue of HUF 300 million. From the...
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Online Private Label Trade Show
Complementing its in-person trade shows, PLMA is pleased to announce PLMA Global, an online event set for 28-31 March 2022. It will allow manufacturers from around the world to meet...
Read moreKSH: consumer prices rose by 8.3 percent in February
In February, consumer prices were on average 8.3 percent higher than a year earlier. Inflation was last so high in August 2007, the Central Statistical Office (KSH) said on Wednesday....
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The Hungarian Product Nonprofit Ltd. launched its campaign series with the hazai az igazi slogan
The Magyar Termék Nonprofit Kft. launched its campaign series with the slogan “hazai az igazi” slogan to draw the attention of customers to products of reliable Hungarian origin and thus...
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Analysts: the acceleration of inflation in February spread a wide range of products
A wide range of products and services were characterized by the acceleration in price growth in February, according to analysts commenting on the latest data, stressing that the effects of...
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