Market News
Retail sales in Germany jumped in May
Retail sales in Germany grew much more than expected in May. The German federal statistical office, Destatis, reported that retail sales in Germany increased by 13.9 percent in real terms...
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Global food commodity prices rebound in June
In June, global food commodity prices rose for the first time since the beginning of the year driven by a rebound in vegetable oils, sugar and dairy quotations. However, in...
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Magazine: Free from everything…too!
According to Katalin Rosta, dairy business manager of Nestlé Hungária Kft., free-from products have a growing share in the breakfast product and hot drink categories. Flóra Hesz, junior shopper marketing...
Read moreSeventy percent of Internet users shop online
Even before the pandemic, Hungarians used the Internet regularly to manage their various affairs; online shopping and related activities are the most common, with seven out of ten netizens already...
Read moreBeekeeping Association is expected to have the worst acacia honey harvest in the last fifty years
The worst acacia honey harvest in the last fifty years is expected this year – Bross Péter, president of the National Hungarian Beekeeping Association told M1 news channel. He added...
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The Ministry of Agriculture will further strengthen conscious consumer behavior
Based on the positive experience of the labeling requirement introduced in the case of pork, the Ministry of Agriculture (AM) has extended the clear indication of the country of origin...
Read moreMLBKT: PMI has improved but continues to indicate pessimism
The Purchasing Managers ’Index (PMI) has improved greatly, but remains pessimistic, with its seasonally adjusted June value rising to 47.0 percent from 40.7 percent the previous month. Thus, the rate...
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Changes in competition law will strengthen the procedural rights of the GVH
In the future, co-operation between the competition authorities of the EU member states will be strengthened, and their procedural powers will also be expanded and unified, Baker McKenzie said at...
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Cube-shaped watermelons are grown in Hódmezővásárhely
Pap Róbert, a melon grower, started growing cube-shaped watermelons near Hódmezővásárhely. Photo: MTI/Rosta Tibor The growing fruit is placed in the cube-shaped shape for three weeks, during which time the...
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The Chamber of Agriculture has launched a leaf analysis service
The range of services available to farmers at the National Chamber of Agriculture (NAK) has been expanded with a laboratory letter analysis study, the NAK told MTI. According to their...
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Kitchens in children’s catering can be renewed from one and a half billion forints
Support for children institutuions cannot stop even during pandemiological preparedness, so this year local governments can also use 1.5 billion HUF in support for the development of child nutrition, Varga...
Read moreThe U.S. economy is performing better than expected in June
As in May, the U.S. economy performed better than expected in June, according to a survey by the London-based financial and economic data provider IHS Markit. As more and more...
Read morePost-epidemic recovery in Germany will be slow
There can no longer be a “V-shaped” boom, ie a rapid recovery in Germany after a sharp downturn, but a slow and cumbersome improvement in the situation, according to a...
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Euro area inflation rose in June
Euro area inflation rose more than expected in June from a four-year low in the previous month, according to a report by Eurostat. In June, when disease control measures were...
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(HU) Egyre több zöldséget és gyümölcsöt fogyasztunk – főleg a fiatalok
Sorry, this entry is only available in HU....
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Family business fight against crisis
It does not matter how the family companies were able to respond to the challenges caused by the coronavirus epidemic now, as they account for 40% of the companies in...
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The new beer regulation may be problematic
The recent proposal to amend the law to add a passage to the Commercial Act that would prohibit restaurants and large beer and soft drink producers from concluding exclusive contracts...
Read moreNielsen: European retail sales increased by almost 10 percent due to the coronavirus
The Covid-19 pandemic had a dramatic impact on retail: after a subdued start to the year, the sector produced 9.8 percent nominal growth in the first quarter of 2020, compared...
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The salary of the shoeseller decreased by 68 thousand
Due to the pandemic shopkeeper’s payroll and headcount decreased – blokkk.com wrote. In April, the number of sellers in the larger stores decreased by 17 thousand. Wages also decreased with...
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Which municipalities have benefited from the rapid growth of the last seven years
GKI Zrt. Examined the changes in the purchasing power of municipalities and districts (net earnings, pensions, social benefits) from 2012 to 2019. The nominal value of municipal purchasing power increased...
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Sour results in the Super Mint Sweet Cucumber Test
The Supermenta program of the National Food Chain Safety Office (Nébih) tested 32 sweet cucumbers this time. The results can be said to be sour, as official proceedings had to...
Read moreSavings Bank has slightly improving expectations, but there is significant uncertainty in agriculture
Expectations of agricultural participants improved slightly by the end of the second quarter compared to the first quarter, but the sector is still uncertain, mainly due to reduced export opportunities...
Read moreSMEs can apply for 100 billion HUF in development funding
Small and medium-sized enterprises can apply for 100 billion HUF in development funding: due to more than double oversubscription, the government doubled the 50 billion HUF budget originally announced nationwide...
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KSH: The number of employees increased in May compared to the previous month
In May, the average monthly number of employees was 4,399,000, 31,000 more than in the previous month and 134,000 less than a year before – the Central Statistical Office (KSH)...
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NAK: the online interface for the ice mitigation system has been launched
The National Chamber of Agriculture also wants to increase the public awareness of the ice mitigation system with the system’s newly launched website, which also provides useful information on its...
Read moreEKAER 2.0: the lives of many farmers can be simplified
The Electronic Road Traffic Control System – more commonly known as EKAER – has undergone a number of changes since its introduction in March 2015, but no significant changes have...
Read moreThe pandemic has made plant-based foods popular in Britain
According to Mintel’s market research study, the coronavirus pandemic has made vegan, “healing” and durable foods the most attractive to consumers – agrarszektor.hu wrote. A survey of UK consumers clearly...
Read moreThe pace of consumer price inflation accelerated in Germany in June
Instead of the expected slowdown, the annual rate of increase in consumer prices accelerated in Germany in June, but still fell far short of the European Central Bank’s (ECB) target....
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Bridgestone is developing an intelligent tire monitoring system with Microsoft
In partnership with Microsoft, Bridgestone has developed a unique tire damage monitoring system using Microsoft’s Connected Vehicle Platform (MCVP). • The aim of the system is to improve road safety...
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Digital taxation brings about a new era
To cover the economic and social damage caused by the coronavirus epidemic, the EU is reforming its budget, one of the key elements of which is the taxation of digital...
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