Market News
Almost a third of SMEs are unaware of the latest billing rule changes
The rules related to invoicing will change from July 1, and Számlázz.hu conducted a representative survey by interviewing SMEs and sole proprietorships. Among other things, the survey found that manual...
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This is what is most expensive among foods
In May 2020, consumer prices were on average 2.2% higher than a year earlier. Over the past year, the prices of food and spirits and tobacco products have risen significantly....
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Henkel joins major global climate advocacy effort
Henkel is among 155 major global companies from 34 sectors, which have signed a statement urging governments around the world to align their COVID-19 economic aid and recovery efforts with...
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US video game sales hit historic high
Total industry consumer spending on video gaming in the U.S. reached a record $10.86 billion in the first quarter of 2020 (January– March), according to the Q1 2020 Games Market...
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Ipsos: people are taking it more easy now
The easing of restrictions will also have an impact on the behavior of the country’s population. Although personal contact, handshakes and travel on public transport are still avoided by the...
Read moreThe curve of rising food prices is flattening
The curve of rising food prices seems to be flattening in June just like the epidemic curve – this is evident from the results of Privátbankár.hu’s latest Price Basket survey....
Read moreKSH: consumer prices rose by 2.2 percent in May
In May, consumer prices were on average 2.2 percent higher than a year before. The more moderate rise in the price of services than last year played the largest role...
Read moreShop spending may increase slightly in 2020
According to the latest KSH data, we left 6.3 percent less money in store cash registers in May than a year earlier. Thus, with a 10 percent decline, April was...
Read moreThe future of home office
During the pandemic, whoever could worked from home, which was a serious challenge for many companies, but even for more workers. Penzcentrum.hu has embarked on a large-scale survey to find...
Read moreSzázadvég: most businesses still expect improvement for this year
The Századvég Gazdaságkutató Economic Researcher asked thousands of managers of small, medium and micro enterprises (SMEs) in recent months about how they perceived the economic situation and how their business...
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Approaching the deadline from July 1, all B2B invoices will be seen by the tax office
An important stage in the whitening of the economy was the fact that from 1 July 2018, the legislator made invoices generated in business-to-business (B2B) transactions with a VAT term...
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KSH: foreign trade deficit was 611 million euros in April
In April, euro-denominated exports fell by 37.9 percent and imports by 28.4 percent from a year earlier, the Central Statistical Office (KSH) reported on Tuesday, according to its first estimate....
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#veddahazait movement helps those in need with domestic parcels
Hungarian Product Nonprofit Ltd. has a special program named “Purchase domestic products! Defend your country! ”, which seeks to overcome economic difficulties and preserve jobs, and has extended its activity...
Read moreFidelity: the New World Economic Order
Fidelity experts believe that the Covid-19 crisis will encourage decision-makers to take a step change, accelerate ongoing trends and reshape investment frameworks. The main features of the new order will...
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Tuna supply is in trouble
The tuna fishery was also hit by the crisis, after the restaurants closed due to the coronavirus pandemic, so the demand decreased – according to Euronews. Protection also makes work...
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Euro area and EU GDP declined at a record pace in the first quarter
Compared to the previous quarter, euro area and EU gross domestic product fell by the largest amount ever recorded in the first quarter. The European Union’s statistical office, Eurostat, said...
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Employment has fallen in Europe
Employment declined in the euro area and the European Union in the first quarter, compared to the last quarter of last year. The European Union’s statistical office (Eurostat) said on...
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István Nagy: whoever stops improvments, loses market
There is only one right decision in the situation after the coronavirus: show must go on, because whoever stops, lags behind and loses market, the agriculture minister said in Pacsa...
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A new image and rethinking membership fees – Hungarian Public Relations Association redesigns
Last November, the new presidency of the Hungarian Public Relations Association (MPRSZ) was elected, and they started to achieve the set goals with steam, but the plans were overwritten by...
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Let’s celebrate June 10, International Ice Tea Day together!
Summer includes delicious, fruity, cool iced tea. Not surprisingly, at the beginning of the hottest season, this popular non-carbonated soft drink also had its own holiday. We also consume more...
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FMCG Toplist 2007-2019
Trade magazine has compiled the ranking of FMCG store chains over the past 12 years in an animated chart. The movement shows well the development, the acceleration in each channel,...
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Brands returning
Coca-Cola will restart its marketing efforts soon after pressing pause during coronavirus lockdowns. They operated largely in the digital space over the past few months. The brand took the decision...
Read moreThe consumption of Hungarians can pull the economy
This year’s downturn will be only temporary, as the government forecasts, the strong economic growth will continue in the coming years. Consumption can be more and more the product of...
Read moreThe fate of Hungarian farmers depends on their customers
Dr. Nagy István, Minister of Agriculture and Farkas Sándor, Deputy Minister of the region, visited the areas of Árpád-Agrár Zrt. in Szentes. During the visit, the Minister of Agriculture described...
Read moreClimate change shifts farming north
Agriculture is undergoing a huge change due to the increasingly extreme weather – Magyar Nemzet Online wrote. Farming is slowly shifting from the hot south to the north. At least...
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The Hungarian winemakers of the Carpathian Basin make the Wine of Togetherness
The Association of Hungarian Winemakers Abroad prepares the Wine of Togetherness from the blending of white wines from typical local grape varieties from all the wine regions of the Carpathian...
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These sweets have been the favorites of generations
Dunakavics, Franciadrazsé, Macskanyelv, Melba kocka and Pilóta keksz – especially the older generations remember these retro Hungarian sweets, as they lived their heyday in the sixties, seventies, eighties – origo...
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The number of customer calls at Cofidis increased by a third in May
Cofidis’ new customer service in Nyíregyháza and in Budapest received more than 30,000 customer calls, 30 percent more than in the months before the coronavirus pandemic, the financial service provider...
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Modern cities – Gyopáros 1,800 HUF billion has been spent on developments so far
The Modern Cities program paid 1,800 billion forints for developments, which is almost half of the estimated budget of the program – the government commissioner responsible for the development of...
Read moreThe World Bank expects global GDP to decline 5.2 percent this year
The World Bank expects the global economy to shrink by 5.2 percent this year, the biggest decline since World War II. The World Bank’s half-yearly Global Economic Outlook report, released...
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