Market News
The second phase of the 25 billion HUF crisis management support package will start on Monday
The second phase of the National Food Crisis Management Program (NÉV Program) will start on Monday. Within the program ewes and cattle keepers, beekeepers and vegetable growers can submit their...
Read moreAccording to a survey, 45 percent of Hungarian companies do not expect a recession this year
Hungarian companies are more optimistic than the European average, because while 56 percent of European companies expect a recession within a year, only 50 percent of Hungarian companies believe that...
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ITM: the tested sunglasses complied with the UV filtration requirements
The tested sunglasses complied with the UV filtering requirements – the Ministry of Innovation and Technology (ITM) told MTI on Friday. Photo: pixabay.com According to the announcement, an ITM accredited...
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Profession.hu: recruitment starts to return to the Hungarian labor market
In recent months, the desire to recruit is starting to return to the Hungarian labor market, with companies posting 36 percent more job advertisements in May than in April, and...
Read moreA bee closure was ordered in Pécs
An immediate closure was ordered in Pécs due to the appearance of uterine disease, the local government of Pécs told MTI on Thursday. According to the announcement of the food...
Read moreInflation in the Czech Republic continued to rise in June
Annual inflation in the Czech Republic rose to 3.3 percent in June from 2.9 percent in May – the Czech statistical office announced in Prague on Friday. Prices for products...
Read moreEurobarometer: EU citizens are increasingly aware of their EU rights
Citizens of the European Union are becoming more aware of their Community rights and the vast majority are familiar with the term “European Union citizen”, according to a Eurobarometer survey...
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Restaurants suffer a lot because of the lack of foreign tourism
According to online cash register data, in the first ten days of June, the revenue of restaurants was 35.8% lower than in the same period of the previous year. Prior...
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Here are Hungary’s most successful women leaders and enterpreneurs in 2020
SEED Foundation and Profession Women’s Association have given awards to the most successful Hungarian women leaders and enterpreneurs in 2020. The event was held as part of the end-of-season talk...
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The per capita shop fair is also different in each county
The value of in-store purchases per capita in May already exceeded the months of the beginning of the year in all counties. Image: blokkk.com An exception is Budapest, where the...
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Shopping has become cheaper
In vain did we expect prices to fall sharply in May after the March-April price increase. In June, however, shopping costs seem to have finally fallen: stores have now been...
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Coronavirus and food are what science says
20 percent of food-borne infections are caused by viruses. Coronaviruses mainly cause respiratory diseases, but do they spread through food? What is the experience so far and what can we...
Read moreDigimeter: home office wins in covid times
While teleworking and digitization have gained tremendous momentum, the weaknesses of domestic small and medium-sized enterprises have also become apparent during the coronavirus pandemic. Most of the enterprises had mainly...
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Urban legends about margarine
There are plenty of myths about margarine but we are now helping to unravel the explanations behind urban legends. Fats and oils are an essential part of the diet, consuming...
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In May, the KSH had a foreign trade surplus of 155 million euros
In May, the value of exports in euros decreased by 29 percent and imports by 25 percent compared to the same period of the previous year. The KSH added that...
Read moreCooperation for the development of agricultural training was established in Baranya
The Baranya County Local Government, the University of Pécs (PTE) and the National Chamber of Agricultural Economics (NAK) have concluded a cooperation agreement for the development of agricultural training. In...
Read moreConcerns may remain with us – consumer habits are already changing in China
Health emergencies have made shoppers worldwide cautious. The experience of the first opening Chinese market shows that consumer anxiety persists even after the restrictions are lifted, according to EY’s international...
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A community car is also a cost-effective solution for companies
Eighty-three percent of the SHARE NOW car sharing users in Budapest would like to use the company’s models as a company car or as part of a benefit package, and...
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London analysts expect smaller-than-expected eurozone GDP
London macroeconomic analysts say the latest activity data suggest that the performance of the eurozone economy was slowed down to a lesser extent than previously expected by the coronavirus pandemic...
Read moreKSH: consumer prices rose by 2.9 percent in June
In June, consumer prices were on average 2.9 percent higher than a year before. Over the past year, the prices of food and spirits and tobacco have risen significantly –...
Read moreThe Association of Small Breweries is developing small-scale brewing as a result of the amendment to the Commercial Act
The small-scale beer brewing sector is developing due to the commercial law passed by the parliament last Friday, which means that the system of product exclusivity contracts in restaurants will...
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Nearly half of consumers now only buy eco-friendly packaging products
Packaging is the first thing consumers encounter when purchasing a product, which is why every manufacturer strives to choose the most creative, showy solution possible. However, a 2020 study shows...
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Google and Coca-Cola Magyarország help young job seekers again
On July 13, Google Magyarország Grow with Google and Coca-Cola Magyarország ‘s #énjövőm (#my Future) program, which helps young people find employment in the labor market, will help young people...
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ITM: Hungary is at the forefront of EU consumer protection
Hungary is at the forefront of EU consumer protection, as evidenced by the fact that last year Hungarian consumer protection reported 171 high-risk dangerous products to the European Union’s non-food...
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Economist: A second wave could severely affect the European economy
If a possible second wave of the coronavirus pandemic were to be similar to the first, it would hit the European economy very hard, economist Halmai Péter emphasized on Tuesday...
Read moreIn May, retail sales in the Czech Republic were 2 percent higher
In May, retail sales in the Czech Republic were up two percent year-over-year, up 11.2 percent month-on-month, the Czech Statistical Office announced in Prague on Wednesday. It was two working...
Read moreEU forecast: A deeper economic recession is expected, with wider divergences between member states
Despite a rapid and comprehensive EU and Member State response, the European Union’s economy is plunging into a deep recession this year due to the coronavirus pandemic, and as emergency...
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This is the amount of money shopkeepers are making now
Stores are looking for far fewer sellers than before the epidemic, and they also absorbed the unemployed. In June, advertisements luring sellers and cashiers multiplied and continued in wages where...
Read moreLet’s eat vegetables and fruits with every meal today!
As part of the European Fresh Adventures Program, the National Chamber of Agriculture has announced its Fruit and Vegetable Day on 17 June 2020, today, encouraging everyone to eat vegetables,...
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Foodbank: a help to those in need
The difficulties caused by COVID-19 also affect the needy in Hungary in the long run. The protracted effects of the crisis are now being tackled together by government, the economy...
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