Market News
We love tomatoes and peppers
Tomatoes and peppers are top of the Hungarian vegetable consumption list with their 9 and 12 percent share. Compared to decades, the per capita consumption of vegetables and fruits has...
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Raspberry growing is in trouble
Raspberry production in the European Union also felt the frosty spring of this year, with less raspberries produced in Poland and Spain this year, but Moroccan imports also declined. In...
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MNB: accelerated household borrowing in the second quarter
In the second quarter, households’ net financial assets increased by 657 billion HUF, of which 433 billion HUF came from fresh savings and 213 billion HUF from market yields, according...
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Inflation rose in the euro area in July
Inflation rose in the euro area in July, according to a report by Eurostat, the European Union’s statistical office. According to Eurostat’s final figures, published on Wednesday inflation in the...
Read moreKSH: GDP grew by 17.9 percent year-on-year in the second quarter
In the second quarter, Hungary’s gross domestic product (GDP) was 17.9 percent higher than a year before, according to raw data, and 17.7 percent higher, according to seasonally and calendar-adjusted...
Read moreMinister of Agriculture: one can apply for the complex development of food plants from Wednesday
From Wednesday, August 18, you can apply for the complex development of food processing plants, the Minister of Agriculture announced at the opening of the Farmer expo in Debrecen on...
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A significant amount of cash remained with the population, according to central bank experts
Since last year, a significant amount of cash has remained with the population, said the participants of Tuesday’s online book presentation of the Magyar Nemzeti Bank (MNB). The head of...
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AM: the government decided to support the domestic grape and wine sector
In order to address the negative effects of the coronavirus pandemic in the short and medium term, the Hungarian grape and wine sector has decided to support wineries interested in...
Read moreRetail sales declined in the United States in July
Retail sales in the United States fell more than expected in July, according to a report by the Census Bureau in Washington, D.C. In July, seasonally adjusted retail sales in...
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The performance of the euro area economy increased in the second quarter
The economic performance of the eurozone increased in the second quarter, according to a report by the European Union’s statistical office, Eurostat, on Tuesday. In its second – and not...
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(HU) Shell Café néven új márkát vezet be a Shell
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Read moreAM: the new Wine Act and its implementing regulations entered into force
The new wine law and its two implementing regulations came into force on 1 August this year, and the measures of the new wine law regulation, which contains significant administrative...
Read moreHungary’s maritime freight traffic has grown significantly
Container traffic to Hungary by sea increased by 20 percent in the first half of 2021, compared to the same period of the previous year. According to the analysis of...
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More and more people are spending more and more real money on virtual fashion clothing
While the idea of spending real money on garments that don’t physically exist is embarrassing to many, virtual objects still generate real traffic, origo write after Reuters. When the Decentraland...
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(HU) Jelentős áremelés szükséges a baromfihúsoknál
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(HU) Sikeresen lezajlott a 11. Magyar Termék védjegyeket népszerűsítő promóció
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More grain was produced in Zala County than expected
Despite the unfavorable weather, more grain was produced in Zala County than expected, and the average yields of winter barley, winter wheat and rapeseed were also higher than last year’s...
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According to a survey, 62 percent of Hungarian employees consider their job to be secure
62 percent of Hungarian employees see their job as secure for more than five years, while a year earlier this figure was still 55 percent, which means that Hungarian employees...
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Ukraine was also a world leader in cooking oil exports last year
Once again, Ukraine became the world’s largest exporter of cooking oil in 2020, just like a year earlier, experts from the Ukrainian Agribusiness Club said. India bought 1.9 million tons...
Read moreConsumer sentiment is decade low in the United States in August
The University of Michigan’s consumer sentiment index for the United States in August sank to a decade low. According to preliminary data released on Friday, the University of Michigan consumer...
Read moreNébih: apricot and raspberry pálinkas are increasingly examined
In the coming weeks, the National Food Chain Safety Office (Nébih) will pay special attention to the origin of peaches and raspberries used as raw materials for pálinka, the aim...
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Varga Winery started harvesting with Csabagyöngye this year as well
The harvest in Hungary started this year with the earliest ripening grape variety, Csabagyöngye, the yield is average, the quality is outstanding – said the commercial director of the co-owner...
Read moreThe EU is introducing stricter limits for the carcinogen content of foods
The European Commission is introducing stricter limits for heavy metals in food, such as cadmium and lead, with the aim of reducing the carcinogenic content of food, according to a...
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K&H: Companies’ financial expectations are about to reach pre-virus levels
Companies expect their financial position to improve in the second quarter, according to research by the K&H Enterprise Growth Index. The survey shows that the respondents calculate not only the...
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Hungarian workers are becoming more and more optimistic again
Domestic workers are increasingly optimistic about the stability of their current jobs and jobs compared to a year ago, as evidenced by the record high score of a perception of...
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Corporate expectations back to pre-epidemic highs
According to the latest K&H Enterprise Growth Index research, company optimism continued to grow in the second quarter and the value of the index rose to six points. The last...
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Blokkk.com: Summer is summer in the restaurant
July also brought the usual year-on-year peak to catering, with online cashier data 10% more than in the summer before the epidemic. Of course, the restaurant does not miss the...
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Analysts: inflationary pressures are still present in the economy
Growth in domestic consumer prices slowed in July, but inflationary pressures remain in the economy, according to analysts interviewed by MTI. The Central Statistical Office (KSH) announced on Tuesday that...
Read moreMKIK-GVI: Business confidence is constantly improving in Hungary
The level of business confidence in Hungary is continuously improving after the spring 2020 low, compared to April 2021. The quarterly economic growth index of the MKIK Institute of Economics...
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