Market News
The performance of the manufacturing industry in the euro area also decreased in July
In July, the performance of the manufacturing industry in the euro area decreased to the same extent as the previous month, based on the Purchasing Managers’ Index (BMI) of London’s...
Read more
Gábor Gál will be a member of the GVH Competition Council for another six years
On the recommendation of Balázs Csaba Rigó, the President of the Economic Competition Office, the President of the Republic Tamás Sulyok appointed Gábor Gál – after the termination of his...
Read more
There will be a decisive vote in Terézváros about Airbnb
A decisive vote will be held on the short-term apartment rental, Airbnb, in Budapest VI in September. district – the Terézváros municipality informed MTI on Thursday. According to their statement,...
Read more
Farmers bought 65 percent more pesticides
In the case of plant protection products, 2024. IV–VI. based on monthly data, farmers bought 65 percent more of the observed products than in the same period a year earlier....
Read more
17% Swiss online stores offer free delivery
Of the 47 biggest online stores in Switzerland, only 17 percent offer free shipping this year. A majority of 64 percent offers free shipping above a threshold value. Another 19...
Read more
Primark continues U.S. growth, enters new state
Fashion and home goods retailer Primark is entering a new market in the Midwest. The retailer plans to open its first store in Michigan later this year in a northern...
Read more
Agrometeorology: the drought is getting worse
The summer crops would have needed a lot of rainfall in the past week, a large part of Hungary is experiencing a high degree of increasing drought. Maize and sunflower...
Read more
Nestlé Germany sources green electricity from German plants
Since July, Nestlé Germany has been purchasing electricity from German photovoltaic and wind power plants via the BKW Group, an energy and infrastructure company based in Bern. Nestlé aims to...
Read more
Requests immediate notification from sheep and goat keepers in case of suspected Nébih ppr
Sheep and goat farmers must immediately notify veterinarians and the animal health authority if they see signs of plague of small ruminants (peste des petits ruminants, ppr) in their herds...
Read more
The latest newsletter of Hungarian Dietitians is about the cooling delicacies of summer
The yearbook of the tax authority was also published this year, which points to many trends. We can learn, for example, that while the tax authorities believe more and more...
Read more
KSH: industrial producer prices in June 2024 rose by 2.7 percent compared to a year earlier and by 1.5 percent compared to the previous month
In June 2024, industrial producer prices were on average 2.7 percent higher compared to a year earlier. Domestic sales prices decreased by 0.2 percent, export sales increased by 4.2 percent,...
Read more
On August 1, the AI Act, the first artificial intelligence regulation, comes into force
On August 1, the regulation of the European Union regulating artificial intelligence, the so-called AI Act, comes into force. The legislation will have to be applied gradually, in several steps,...
Read more
A Hungarian manufactory won a gastronomic Oscar with its cinnamon-apple snail
The Bonbonier Chocolate Manufaktúra bakery won a star at the Great Taste Awards, also known as the gastronomic Oscar, with its snails rolled in puff pastry, made with caramelized cinnamon...
Read more
Tank beer is becoming more and more popular here
Tank beer, which has a strong tradition among the Czechs, is already available in several places in Budapest, which provides an exceptional consumer experience in terms of its aroma, flavor...
Read more
The melon consumption promotion campaign has started
Hungarian melons appeared in stores and markets earlier than usual, already at the end of June, and it is expected that the popular summer fruit will be available until the...
Read more
iBanFirst analysis: What is the risk of the devaluation of the dollar and its impact on Hungarian companies interested in international trade
Donald Trump, J.D. Vance, along with his vice presidential candidate, has repeatedly expressed his opposition to the strong US dollar, advocating its devaluation in order to boost US exports and...
Read more
German inflation accelerated in July
Inflation in Germany accelerated in July, according to a Tuesday report based on preliminary data by the German Federal Statistical Office, Destatis. In July, the consumer price index was 2.3...
Read more
Olive oil fraud ‘at record high in EU’
There were reportedly 50 potential cases in the first three months of this year, compared to just 15 in the first quarter of 2018. The Guardian newspaper, citing data released...
Read more
Campari warns of impact of bad weather, agave contracts on margin
Italian spirits group Campari warned that its ability to expand gross margin this year would likely be impacted by “some temporary headwinds” after its first-half adjusted operating profit rose 2.1%...
Read more
Groupe Casino Renews Partnership With TotalEnergies In France
Groupe Casino has extended its partnership with TotalEnergies in France for five years, effective 1 October 2024. The partnership between Casino and TotalEnergies dates back more than 20 years and...
Read more
The average yield of apricots is outstanding
Among the fruits, cherry picking showed 99.7 percent readiness on July 16. The national average decreased by about 20 percent compared to last year, and was 5.3 tons/hectare. The yield...
Read more
Márton Nagy: a “peace budget” is needed to restart the economy
Economic growth in the second quarter was lower than preliminary expectations, which can be attributed to external factors. The fundamentals of the Hungarian economy are stable and strong, the rebound...
Read more
The economic mood in the EU and the euro area barely changed in July
The economic sentiment index in the euro area and the European Union barely changed in July compared to the previous month, according to a survey of the European Commission’s Directorate...
Read more
What can the forint expect?
For now, there is no need to rewrite the Hungarian interest rate path, the base rate is expected to drop to 6.25 percent by the end of the year, and...
Read more
K&H: the application of AI is not an end in itself, but the key to success
Hungarian medium-sized and large companies have lagged somewhat behind world trends in the application of AI, according to research by the K&H innovation index. “The disadvantage is not insurmountable, but...
Read more
A new QR code instant payment solution will be launched from September
From September, a new QR-code instant payment solution will be available in Hungary. The innovative service is developed by SimplePay, which is based on a unified qvik QR code, deeplink...
Read more
Sustainable festival philosophy at the Paloznak Jazz Picnic
There is a small Hild prize-winning settlement in the Balaton highlands: Paloznak. This fairytale place becomes the capital of jazz for three days in the summer, and thousands of people...
Read more
“I deleted the internet” – 7+1 funny stories about IT customer service
Almost every IT professional has funny (and not so funny) stories about bugs reported by colleagues. We’ve heard of someone mistaking a disk drive for a cup holder, and we’ve...
Read more
The producer price of lamb increased by 20 percent
According to data from the European Commission, the European Union’s sheep and goat imports (live animals and meat) were 56.4 thousand tons in January-April 2024, which means a decrease of...
Read more
The village farmer network has been serving farmers for thirty years
Village farmers have been helping domestic farmers for thirty years. NAK’s network of village farmers operates nationwide with about a thousand customer service points, with this year’s expansion the number...
Read more
