Market News

ÖRT: child characters in digital advertising

In the digital world, children are no longer present only as users, but also as active actors – often in advertisements, as influencer or as children of influencer. What should...

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Strawberries became very expensive

The strawberry season started early this year, but customers had to reach deep into their pockets if they wanted fresh Hungarian fruit at the end of March and the beginning...

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More than thirteen thousand companies have applied for job protection wage subsidies so far

More than thirteen thousand companies have so far applied for job protection wage subsidies – the Secretary of State for employment policy at the Ministry of Innovation and Technology (ITM)...

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ITM: consumer protection can control the entire supply chain from the end of the summer

The amendment of the sectoral law adopted on Tuesday significantly expands the control possibilities of the consumer protection authority. In the future, the authority will not only be able to...

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The new melon variety is becoming more and more popular

The special “limelon” melon variety exploded on the European market – origo wrote. Freshplaza.com recently reported that the Dutch company HillFresh introduced a completely new type of melon from Asia...

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Important changes have taken place linked to the Hungarian Food Act

XLVI of 2008 on the food chain and its official supervision. The amendment to the Act (hereinafter: the Act) implements the implementation and harmonization of a number of recently adopted...

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Mobile phones were very much needed, clothes not

Commodity statistics show that mobile phones were in dire need during the pandemic as well, with purchases jumping by 28 percent in the first quarter. We were also good at...

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London analysts: Hungary’s GDP will reach pre-pandemic levels next year

According to the expectations of London macroeconomic analysts, Hungary will be among the European emerging economies in which the value of gross domestic product (GDP) will reach the pre-Covid-19 level...

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Grace period when checking online account information service

The Ministry of Finance welcomed the initiative of the National Chamber of Agriculture (NAK), so the National Tax and Customs Administration (NAV) will provide a fine-free period for the online...

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Nébih struck on counterfeit food

During the inspection of a shop in the capital, which also sold food, a number of foodstuffs with an illegally extended shelf life, which were therefore considered counterfeit, were withdrawn...

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EU pork production has increased

In March 2020, slaughterhouses in the European Union produced about 2 million tonnes of pork and 600,000 tonnes of beef. This meant a 3.3 percent increase in pork production, compared...

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Here is the vegetarian roast fat

Meat substitutes and artificial meats are on the rise, but they are far from being more sustainable to produce than most meat products. – hvg.hu wrote. Almost one in four...

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Fidelity: sustainable capitalism

In the summer of 2019, the Business Roundtable, made up of key U.S. business leaders, questioned the decades-old dogma that a company is solely accountable to its shareholders and advocated...

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Russian cucumber and tomato crops have jumped

Nearly 30 percent more vegetables have been harvested in Russian orchards so far in 2020 than in the same period of 2019 – agrarszektor.hu wrote. The largest share comes from...

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A German hospital was given herring as a gift

In a unique way, the Dutch government thanked a German hospital for taking over the care of several coronavirus patients: four thousand young salted herrings were sent to the hospital...

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POPAI news

Idehallgass! podcast series reloaded You can still listen to the 10-part podcast series Retail Decoded on the Shop! website and on Spotify. As a reaction to the pandemic, a new...

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Malév GH Zrt. is over

Malév GH Zrt. is terminated, and the government has decided to initiate liquidation proceedings in order to wind up the company without a legal successor, the Magyar Nemzeti Vagyonkezelő Zrt....

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MNB: turnover with bank cards increased significantly in the first quarter

In the first quarter, the domestic turnover of bank cards increased by 13 percent in number and by 23 percent in value compared to the same period of the previous...

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Foreign investment has stalled in Europe due to the crisis

One-third of foreign investment launched last year in Europe has stalled as a result of the current global economic crisis, according to EY’s latest European Attractiveness Survey (FDI). According to...

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Summer daydreaming with Stella Artois

Stella Artois is celebrating the start of summer with a weekly audio series hosted by talk-show star Andy Cohen while offering discounts on beer. Cohen narrates the “Daydreaming in The...

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ITM’s performance in Hungary in terms of network coverage and Internet use has improved

Hungary’s performance in network coverage and Internet use has improved significantly, according to a report from the European Commission, the Deputy State Secretary for Infocommunications of the Ministry of Innovation...

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Morgan Stanley expects a rapid economic recovery

the performance of the world economy has entered a new phase of growth and by the fourth quarter it will return to pre-coronavirus levels – according to Morgan Stanley. Economists...

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More than half a million forints for a Japanese melon

For the third of the previous record price, ie 220 thousand yen (626 thousand forints), a Densuke melon was sold at the season-opening melon auction in Japan. 71 melons were...

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The euro area’s foreign trade surplus fell to a fraction in April

In April, due to the demand-reducing effect of pandemiological restrictions, the euro area foreign trade surplus shrank more than expected to a fraction of a year earlier, according to a...

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More than 18 tons of infected meat were recalled in the US

Several U.S. newspapers reported that more than 18 tons of minced beef had to be recalled in New Jersey, as the U.S. Department of Agriculture’s Food Safety and Inspection Office...

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Plants with genetically encoded autoluminescence

Autoluminescent plants engineered to express a bacterial bioluminescence gene cluster in plastids have not been widely adopted because of low light output. We engineered tobacco plants with a fungal bioluminescence...

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Shrinking selling floors, growing backrooms, hybrid stores

Backrooms will grow to fill online orders and retail floors will become smaller and more focused on shopper experiences, according to one branding and design expert. Expanding e-commerce and turning...

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Nébih: the durability of food appreciated during the emergency

In the pandemiological emergency, the durability and packaged nature of food increased and the products needed for home baking and cooking came to the fore, -the National Food Chain Safety...

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Agricultural purchase prices continued to rise

In April, the average purchase price of agricultural products was 12.8 percent higher than a year before. After a 10.3 percent rise in March, double-digit growth was measured again, according...

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NAK less than expected cherries will grow this year than average

This year, due to the spring frosts, less than the average cherries will grow: about 45-50 thousand tons of cherries – the National Chamber of Agriculture (NAK) told MTI on...

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