Market News
Analysts: base rate remained unchanged as expected
The market did not expect the central bank base rate to change, the decision of the Monetary Council of the Magyar Nemzeti Bank (MNB) on Tuesday met analysts’ expectations, experts...
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A foreign plant can cover the sand steppes
Researchers at the Institute of Ecology and Botany of the Ecological Research Center of Eötvös Loránd University investigated the changes in the growth and seed yield and mass of the...
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Deloitte: women’s sports is a growing business in
The gap between revenues from men’s and women’s sports is narrowing, and while the latter is still far behind in this area, there is growing potential for sponsors and investors...
Read moreG20 exports and imports increased in the last quarter of last year
G20 exports and imports increased in the last quarter of last year. Third-quarter brought expansion while a significant decline was recorded in the first half of the year as a...
Read moreDestatis has improved its fourth quarter German GDP growth estimate
Destatis has improved its fourth-quarter GDP growth data for Germany from its first estimate in the second estimate released by the German federal statistical office Destatis on Wednesday. In the...
Read moreEconomic indicators have improved slightly in Austria
In Austria, economic indicators have improved somewhat due to a cautious opening two weeks ago after a full closure previously ordered due to the coronavirus pandemic – Finance Minister Gernot...
Read moreEuropean Court of Auditors: the basic level of digital competence of adults has not significantly improved
Although digital skills are becoming increasingly important, the level of adults’ basic digital competences has not improved significantly in recent years. Therefore the European Union and its Member States need...
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India’s wheat crop could set a record
It could be a record year for wheat production in India this year – origo wrote. India, the world’s second-largest wheat producer, is unlikely to overtake China as the world’s...
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This is how East Africa can turn locusts invasion to advantage
The population of East Africa is projected to double by 2050, so demand for meat will also increase and locusts will be a high-quality, affordable agricultural raw material for future...
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Strawberry counter drone helps to estimate the yield
The strawberries counting drone was developed by the Belgians – agrarszektor.hu wrote. A manufacturing research institute called Flanders Make has created a flying drone that, thanks to its artificial intelligence,...
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Walmart e-commerce expansion
BigCommerce sealed a new partnership with Walmart — a move that gives its sellers the ability to sell products on Walmart.com. Walmart is also rolling out a “New-Seller Savings” offer, designed to waive commission...
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FMCG at the time of the coronavirus pandemic
If we want to imagine what kind of year is waiting for FMCG market players, first we need to take a good look at what 2020 brought. It goes without...
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Hungarian brands are an asset – this is the message of the MagyarBrands programme
In 2020 the pandemic situation proved that the relationship between brands and their customers can be strengthened further by the conscious responsibility taking of brands. Entries in the MagyarBrands programme...
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Magazine: Sustainable, personal, and healthy – this is what we want from groceries in 2021
Does milk grow on trees now? 2020 was a year when safety became the driving force in shopping practically overnight. Such technological transformations occurred in just a couple of weeks...
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Shopping streets will focus on domestic customers
The pandemic is transforming the offer of shopping and themed streets. In the future the importance of services and product mix with the local market will increase, and the new...
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The median wage has risen by 91 percent since 2010
In ten years, the average wage and the median wage also increased strongly in Hungary – the Vice-President of the Central Statistical Office (KSH) told MTI on Tuesday. Windisch László...
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P&G launches coronavirus-killing Microban 24 in the UK
Procter & Gamble is broadening the rollout of a hit brand of 24-hour disinfectant that saw surging sales during the pandemic. In the first market expansion outside the U.S., the...
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Hungary will remain an attractive investment destination in the coming years
Encouraging investment and development is at the heart of the government’s Economic Relaunch Action Plan – Varga Mihály said at a meeting of the heads of mission of the Ministry...
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Freshwater fish are dying dramatically
A report on the “catastrophic” species extinction of freshwater fish has been reported, with 80 species of the world already extinct, 16 of them last year in a single year....
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In Russia, bird flu has spread to humans
The new avian influenza type A (H5N8) has spread to seven people in southern Russia, Chief Medical Officer Anna Popova, head of the Russian Consumer Protection Inspectorate (Rospotrebnadzor) said at...
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The domestic food industry can develop from thousands of billions of forints
The population is committed to traditional products, so alternative sources of protein, such as artificial meat or food insects, are subject to serious scrutiny by the National Food Chain Safety...
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GKI’s economic sentiment index declined slightly in February
Although GKI’s economic sentiment index declined slightly in February, both business and consumer expectations remained more favourable than at the end of last year. Ac-cording to a survey conducted by...
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NAK helps Hungarian food companies to enter the halal and kosher products market with publications
The National Chamber of Agriculture (NAK) has produced a publication for food businesses, which deals with halal and kosher certified food production and sales requirements. There is a high demand...
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The proportion of inactive among temporary workers is around 5 percent
The number of temporary workers increased to 180,000 by February, and the proportion of inactive workers fell to a lower level than before the pandemic, to 5 percent, the Hungarian...
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Takarékbank has entered into a strategic cooperation agreement with field machine manufacturers
The National Association of Agricultural Machinery Manufacturers and Takarékbank concluded a co-operation agreement on more favorable financing of the purchase of machinery by Hungarian farmers. In addition to exchanging information...
Read moreNew developments can help plant growers combat climate change
Swedish scientists would monitor the sugar levels of plants in real time. Researchers at Linköping University have developed biosensors that can measure sugar levels in real time in plant tissues....
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Five thousand boxes of untaxed cigarettes were found by financiers among the bushes
Five million boxes of untaxed cigarettes worth more than six million forints were found by financiers in a bushy area between Barabás and Beregdaróc in Szabolcs-Szatmár-Bereg County. Together with the...
Read moreThe biggest challenge in its history is maritime freight transport
The effects of the coronavirus pandemic have drawn attention to the importance of maritime freight worldwide. The shipping of huge cargo containers is one of the most important engines of...
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