Market News
GKI: consumer confidence deteriorated slightly in February
The GKI consumer confidence index decreased by 1.1 points in February, after a rise of 5.5 points in January, to minus 34.9 points – the GKI Gazdaságkutató Zrt. informed MTI....
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NAV is focusing on these areas this year
The National Tax and Customs Administration (NAV) audit plan for 2021 has been published, which revealed that four main areas will be in focus this year. Activities and sectors with...
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The role of sport in the business success of female leaders is paramount
According to nine out of ten (89%) female leaders in Hungary, sports contribute to becoming a successful leader, according to a survey of the University of Physical Education, the Egyenlítő...
Read moreReliefs have come into effect in Croatia and Slovenia
In order to relief pandemiological restrictions, gymnasiums, casinos, betting offices, language schools and various workshops could be opened and cafes allowed to sell beverages in Croatia. In Slovenia, all shops...
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Scottish whiskey export sales fell to a ten-year low last year
Revenues from Scotch whiskey exports fell to a ten-year low last year as a result of the coronavirus pandemic and due to the increased US criminal duty. According to the...
Read moreConsumer sentiment in the United States deteriorated in February
Consumer sentiment in the United States deteriorated moderately in February, according to the standard monthly survey by the University of Michigan. According to preliminary data released on Friday, the value...
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The rebirth of shopping malls in the US
With lots of square footage and tons of parking, shopping centers are rethinking ways to give their centralized locations new life. The traditional concept of the mall is fading away....
Read moreArchaeologists have found a five-thousand-year-old brewery in Egypt
American and Egyptian archaeologists have found the world’s oldest known brewery in a well-known Egyptian excavation area – telex wrote. According to experts, the brewery was established in the time...
Read moreFidelity: We are waiting for the Chinese markets in the year of the ox
Investors who are curious to see if China’s ox market will continue to thrive in the lunar calendar ox year will focus primarily on the sustainability of the economic recovery...
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Is-store sustainability in drug stores
Holland & Barrett, one of Europe’s largest drug and more chain opened a new concept store. The shelving and shopfitting , lighting, design aims to reduce both energy consumption and CO2...
Read moreBeer Association: producer turnover decreased by 7.5 percent in last year
Last year, the total turnover of the five largest domestic breweries (Borsodi, Dreher, Heineken, Carlsberg and Pécs) decreased by 7.5 percent to 6.177 million hectoliters, and domestic sales fell even...
Read moreKSH: consumer prices rose by 2.7 percent in January
In January, consumer prices were on average 2.7 percent higher than a year before – the Central Statistical Office (KSH) announced on Friday. The data is in line with analysts...
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Valentine’s Day spendings skyrocketed in the past ten years
The number of Valentine’s Day spending in Hungary has increased by more than 381 percent in the last decade – this is more than double the European average – origo...
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Philadelphia – the last bite dilemma and more
Kraft Heinz brand Philadelphia Cream Cheese is promoting its new cheesecake crumble with a campaign that aims to ease the tension that couples experience over the last bite of dessert...
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The Hungarian Village program is expanding with the support of small shops
The fourth pillar of the Hungarian Village (Magyar falu) program starting this year supports the operation and development of the small shops in the villages, as well as the reopening...
Read moreAM: agricultural insurance is essential for responsible farming
With the development of the agricultural risk management system and the exemplary cooperation of the Ministry of Agriculture (AM) and agricultural insurers for more than nine years, producer self-sufficiency is...
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New energy labels on household appliances from March
The time has come: the new energy labels must be interpreted from March. The EU drew attention to the change last year, but in addition to the new labels that...
Read moreInitially, the corporate sales market declined and then rebounded as a result of the pandemic
The pandemic led to a downturn and then a recovery in the divestiture and acquisition market in 2020, Allen & Overy international law firm announced in its latest quarterly survey....
Read moreAccording to the EU forecast, last year’s Hungarian GDP fell by 5.3 percent
According to the European Commission’s winter interim economic forecast, Hungary’s gross domestic product (GDP) fell by 5.3 percent in 2020, while the November forecast was about a 6.3 percent decline....
Read moreAccording to the MNB, the economy will regain its 2019 performance by the end of the year
The Hungarian economy may regain its 2019 performance by the end of 2021, after GDP growth is expected to approach 6 percent this year – the Magyar Nemzeti Bank (MNB)...
Read moreSurvey: Only 43 percent of Hungarians consume legumes
Globally and in Hungary, people consume very few legumes. Only 43 percent of Hungarians ranking them in the top three of their preferred vegetables, Bonduelle said on the basis of...
Read moreAnother slaughterhouse was closed by Nébih
This time, due to serious food hygiene violations, the National Food Chain Safety Office (Nébih) immediately suspended the operation of a slaughterhouse in Hajdú-Bihar County. In its statement sent to...
Read moreWe can protect pollinating insects with bee hotels
The Hungarian Ornithological and Nature Conservation Association (MME) encourages the placement of nature conservation equipment, “bee hotels”, or “wasp garages” to help the reproduction of bees and wasps living alone....
Read moreGermany’s exports increased in December
Germany’s exports increased in December. According to preliminary data released by the German statistical office (Destatis) on Tuesday, the value of exports increased by 0.1 percent to 107.3 billion euros...
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The Buy Domestic campaign continues
The campaign that encourages the purchase of Hungarian products will continue this year. The Buy Domestic campaign, which was attended by thousands of individuals and more than a hundred companies...
Read moreCosts in the dairy sector rose 15-18 percent
The Milk Interprofessional Organization and Product Council has recently conducted a wide-ranging survey of dairy production and processing delegates in order to obtain a more accurate, quantified picture of the...
Read moreFavorable conditions are expected in agriculture in 2021
An unavoidable part of agriculture last year was the coronavirus epidemic, which strengthened the role of the sector. This year, agriculture will continue to be determined by the viral situation...
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The consumer protection authority is required to publish its decisions
These can be instructive, as it turns out exactly what the inspectors of consumer protection authorities are investigating. Not always, of course, because one decision can be opened and the...
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From February, the regulations for the purchase of fertilizers changed
Regulations on the purchase of fertilizers have changed since February, as several EU regulations on the marketing and use of explosives precursors came into force, the National Chamber of Agriculture...
Read moreNew work structure and freedom – this will be needed after the home office
Slowly but surely, the moment is approaching when, after forced work from home, the office can become the primary workspace again. However, in order for the option not to be...
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