Market News
FAO’s global food price index fell in December
The global food commodity price index fell in December, driven by lower international sugar prices, the Food and Agriculture Organization of the United Nations (FAO) said today. The FAO food...
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MNB: inflation will rise temporarily, but may remain within the three percent range in 2025
Inflation in Hungary will rise temporarily in the coming months, but will mostly remain within the 3 percent target range for the whole of 2025; from the second half of...
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Eurozone inflation rises to highest level since July in December
The eurozone inflation rate rose for the third consecutive month in December, according to the first estimate based on preliminary data published by the European Union’s statistical office, Eurostat, on...
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Bank360: Important financial changes are coming in January 2025, here is the list
It is difficult to list how many changes will occur in our everyday finances from January 1, 2025. Bank account fees will increase, the maximum APR for loans will decrease,...
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AM: Producer protection will be renewed from January 1st
From the beginning of the year, new rules promoting fair business relations will improve the position of small farms and producers vis-à-vis buyers. Thanks to the producer protection package, farmers...
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BMI: Moderate expansion in December
The Purchasing Managers’ Index (PMI) seasonally adjusted December value is 50.6. Compared to the previous December monthly values, this year’s value is lower than the long-term average for this month...
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Applications are now open for the Environmental Protection Award
The Association of Environmental Service Providers and Manufacturers recognizes the activities of the most outstanding professionals in the field of environmental protection every year. With the Environmental Protection Award, which...
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Csaba Balázs Rigó: the GVH imposed fines of more than four billion forints this year
The Hungarian Competition Authority (GVH) has imposed fines of more than four billion forints this year, the organization’s president said in an interview published in Magyar Nemzet on Saturday. In...
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NGM: the government is working to strengthen domestic industry, which is being held back by the crisis in the German economy
The government is working to strengthen domestic industry, which is being held back by the crisis in the German economy, the Ministry of National Economy (NGM) emphasized in its analysis...
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Bank360: Banks are already rushing to provide workers’ loans
Most banks did not wait a minute, they announced their workers’ loans on the first day of January. The conditions are similar due to legal constraints, but there are significant...
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Tokaj and Eger producers won the Hungarian Wine Grand Prix
In the white wine category, the 2021 Csontos Furmint from Bott Pince in Tokaj, and in the red wine category, the 2019 Agapé Nagy-Eged-hegy Grand Superior from Eger in St....
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EM: you can apply for the popular green energy subsidy for one more week
There is still one more week to apply for the popular green energy subsidy, the Ministry of Energy (EM) has announced. According to a statement sent to MTI, the opportunity...
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LG and Microsoft sign strategic agreement in AI field
LG has announced a strategic partnership with Microsoft at CES 2025, showcasing its vision for everyday life infused with AI services. LG Electronics (LG) has entered into a strategic partnership...
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NAK recommends giving preference to Hungarian products when buying sausages
The National Chamber of Agriculture and Food (NAK) also recommended giving preference to Hungarian products when choosing New Year’s Eve sausages, because they are traceable, continuously controlled, and designed for...
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The first One Hungary brand store opened in Budapest
After more than a year and a half of preparatory work, One Magyarország, a member of the 4iG group, opened its first “flagship” brand store on Monday in the Westend...
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Despite the droughts, the productivity growth of Hungarian agriculture is at the forefront of the EU
Despite the natural disasters of recent years, the productivity growth of Hungarian agriculture is at the forefront of the entire European Union according to several data sets, as it has...
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Bird flu has also reached Szabolcs-Szatmár-Bereg County
The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of bird flu virus in Szabolcs-Szatmár-Bereg County. The liquidation of the affected roast duck population and...
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The EPR system has been amended for the benefit of small food producers and primary agricultural producers
The new year has brought simplified administration and a one-time annual EPR payment obligation for small food producers and primary agricultural producers who do not reach the revenue ceiling. Thanks...
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New bee welfare support scheme launched
A new call for applications to develop the ecosystem service capacity of bee colonies has been launched within the framework of the CAP Strategic Plan. Applications for the doubled support,...
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Waterfowl farmers to receive additional support this year
Since the waterfowl sector has faced serious challenges in the recent period due to avian influenza and market conditions, waterfowl farmers participating in the poultry animal welfare program will receive...
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The 860 billion forint development demand in the livestock sector is a good message
This year, those active in the livestock sector have requested 860 billion forints of support for large and small projects, which is a good message because it shows that there...
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Illegal activities may have played a role in the spread of bird flu
The veterinary authority has also experienced failure to keep poultry indoors, illegal keeping and illegal sale of poultry and poultry products during the bird flu epidemic that has been ongoing...
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Germany remains the main agricultural trade partner
Hungary’s agricultural foreign trade was also concentrated and strongly Europe-centric in the period under review: 95 percent of exports were made with European countries. Asia’s share was 3.1 percent, America’s...
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Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease by 12 thousand, while the number of foundings is only 22 thousand, which is the weakest result in the past...
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The GKI business climate index barely changed in December
According to a survey by GKI Economic Research Ltd. – supported by the EU – the business sector’s outlook deteriorated further in December, but consumers became slightly more optimistic. The...
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Festive dishes: bacon kuglóf, bacon cheesecake and New Year’s Eve candied sausage rolls
Often, an unusual ingredient or even the way it is served can turn an ordinary dish into a festive one. In such cases, as Christmas approaches, we also consider what...
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Control over online stores is tightening
The consumer protection authority has already been giving priority to online stores in 2024, and based on the latest announcement by the Minister of National Economy, these inspections will only...
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Dávid Miller: It’s uplifting if we can help
Headphones, clothing and perfumes: Yettel fulfilled the wishes of 1,200 children this year in its joint Christmas campaign with the Baptist Charity. Based on the charity’s experience, the fewest donations...
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STEM-interested Gen Z youth enter the workforce with strong ideas, new research finds
Self-assertion, work environment, financial resources, social relationships, creativity and intellectual stimulation are the main work values that are decisive for Generation Z young people entering STEM careers in choosing their...
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DélKertész: be conscious at Christmas too! – Tips for a vitamin-rich holiday menu
During the Christmas season, food plays a prominent role at family gatherings. Although the emphasis is often on traditional dishes rich in meat, it is important that vegetables also have...
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