Market News
Companies’ efforts to increase prices did not ease in February either
KI’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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This is how the Ukrainian-Russian situation affects Hungarian companies
Yesterday, the shares of companies with direct or indirect exposure to Ukraine or Russia took a big hit. The Hungarian stock market also fell sharply, otp, Waberer’s and Masterplast also...
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These economic sanctions will now hit Russia.
Western countries have committed themselves to even more severe economic sanctions against Russia, European Commission President Ursula von der Leyen said late on Saturday, presenting a joint statement by the...
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The government is committed to building on Hungarian agriculture
The government is committed to building on Hungarian agriculture and the economic potential of the countryside, the state secretary of the Ministry of Agriculture responsible for agriculture and rural development...
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The Russian-Ukrainian war will cause severe problems to the vegetable oil market
The outbreak of the Russian-Ukrainian war may also affect the vegetable oil market, as both countries are interested in sunflower seed production, agrarszektor.hu wrote, after Világgazdaság. Although we may not...
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KSH: In January, the number of employees was 4,644,000
The average monthly number of employees aged 15-74 was 4,644,000 in January 2022. In the period from November 2021 to January 2022, the average number of employees was 4,676,000, 75,000...
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Economic sentiment in the euro area improved in February
The euro area economic sentiment index hit a three-month high in February, while consumer sentiment fell to an 11-month low and the manufacturing sentiment index was close to a record,...
Read moreThe Croatian economy grew by 10.4 percent last year
The performance of the Croatian economy grew by a record 10.4 percent year-on-year, the Croatian Statistical Office (DZS) said on Friday, according to its first flash estimate. According to seasonally...
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Russian industrial production growth accelerated in January
Russia’s statistics office said on Friday that industrial production rose 8.6 percent year-on-year in January, following a 6.1 percent increase in December. Industrial production in Russia increased by 5.3 percent...
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The age of mass deep-fake videos is a long way off, but marketing could already be revolutionized by artificial intelligence
From e-commerce to hybrid events to the automotive industry, video content has advanced in all segments, building customer relationships, presenting services, products or strengthening the corporate brand with outstanding results....
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Food supply is continuously provided in Hungary at the usual level
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It’s not just forklifts that need a driver’s license anymore
As the labour market demands of construction, trade and agriculture have increased in recent years, there has been an increase in demand for workers who have the knowledge and certificate...
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Nébih: Fire bans have been imposed in several counties
Due to the rainy weather, from Saturday the authority will impose a fire ban in Nógrád County, Szabolcs-Szatmár-Bereg County and Hajdú-Bihar County, and the previously imposed ban will also be...
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Eggs are much more expensive than last Easter
According to PÁIR data from the Research Institute of Agricultural Economics (AKI), in December 2021 the production price of raw milk was HUF 124.65/kg, 4 percent more than in November...
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The Hungarian countryside receives special resources
The government has set itself the goal of supporting hungarian small producers, primary producers and food producers, Norbert Erdős, State Secretary for Food Chain Supervision at the Ministry of Agriculture...
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Liu brothers returning from Beijing Olympics present winners of first Winter Holy King Talent Program
Young talents of short-track speed skating and figure skating were awarded at the announcement of the results of the first Winter Szent királyi Talent Program, which was established with the...
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Advertising market overview: public space is at least as strong as social media
Public advertising is already competing for consumers’ attention from the same position as social media or the Internet, according to a nationally representative survey by JCDecaux Hungary[1], which examined the...
Read moreFirstFarms Hungary Ltd.’s 8 billion HUF investment has started in Békés County
The foundation stone of the 8 billion HUF investment of FirstFarms Hungary Ltd. was laid in Pusztaföldvár in Békés County on Thursday. The Danish-owned company received almost HUF 2.5 billion...
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Századvég: after two years, the corporate economic activity turned positive again
For both the population and businesses, the sense of economic activity improved: it increased from minus 2.2 to minus 1.9 for the population and from minus 0.1 to plus 0.5...
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OECD: G20 trade growth accelerates in fourth quarter
In the fourth quarter, the seasonally adjusted growth rate of commodity trade in the world’s 20 largest developed and emerging global economic powerhouses accelerated in dollar terms. The high price...
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Magazine: Restructuring affects more sectors
In December 2021 Ipsos did an online survey with 2,545 respondents from Hungary, Austria, Slovakia and the Czech Republic (the respondents were minimum 16 years old). Digital daily life Only...
Read moreAM aims to increase competitiveness and added value by supporting dairy farms
The market demand for milk and dairy products is becoming more and more important, and milk production has a perspective in the coming years as well – said the State...
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Hungarian egg producers are asking for the support of traders
Hungarian egg producers and egg packers are asking distributors and traders to take part in maintaining Hungarian egg production, the Poultry Product Council told MTI on Wednesday. The advocacy urges...
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KSH: earnings continued to grow
In December last year, the gross and net average earnings of full-time employees, excluding benefits, increased by 9.7 percent year-on-year. The average gross earnings were 494,800 HUF, excluding public employees,...
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58 percent of Hungarians pay with their card at the store on a daily basis
58 percent of Hungarian banking customers use their card on a daily basis for in-store payments, and 72 percent of those surveyed pay this way several times a month, Mastercard...
Read moreGfK’s German consumer sentiment index deteriorated in March
Instead of the expected improvement, GfK’s German consumer sentiment index fell to its lowest level since June last year, mainly due to a decline in the measure of personal income....
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Inflation in the euro area was at a record high in January
Euro area inflation accelerated to a record high in January, while core inflation was the lowest in three months. The European Union’s statistical office, Eurostat, announced on Wednesday that consumer...
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Attila Chikán Jr. was re-elected president of BCSDH
The Hungarian Business Council for Sustainable Development (BCSDH) has elected a new leadership for another three-year term. During attila Chikán Jr.’s six-year presidency, 50 new companies joined the organization, so...
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Hungarian pork is offered by hungarian chains
Three Hungarian retail chains, CBA, COOP and REÁL, are also standing up for the domestic pig sector, therefore they will continue to offer fresh pork from Hungarian production in their...
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More and more women are interested in logistics training
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