Market News
Moody’s: there will be no global recession, but the escalation of trade wars is a big risk
The global economy is not expected to sink into recession in the next two years, but the biggest global growth risk remains the escalation of trade wars – according to...
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Magazine: Meeting at Bonafarm
Krisztián Király, business development manager of Pick Szeged Zrt. was the host of the POPAI meeting held on 10 October. Anna Zsapka, Pick Szeged Zrt.’s brand and digital marketing manager...
Read moreKSH: economy continues to boost
Gross domestic product (GDP) grew by 5.0 percent in the third quarter, according to the raw data, and 4.8 percent in the third quarter compared to the same period last...
Read moreAM: this year’s corn crop is almost eight million tons
Corn yielded totaled at 7.8 to 7.9 million tonnes per hectare from 982,000 hectares this year – the Ministry of Agriculture told MTI on Thursday. This year’s corn yield was...
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Hungarians spend billions on games and toys for Christmas, according to a survey
Regio Játék estimates that the annual Hungarian gaming market turnover could reach 50 billion forints, almost half of which will be realized in the month and a half before Christmas,...
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HNT another five years of trust
The National Council of Mountain Communities (HNT) delegation voted in confidence for Dr. Brazsil Dávid for another five years in the election of Secretary General. “My goal is not to...
Read moreThe price of fishing tickets at Lake Balaton is rising
The average price of fishing tickets at Lake Balaton will increase by an average of more than ten percent next year – the CEO of Balaton Fishery Nonprofit Co. Ltd....
Read moreFinancial officers found more than fifty thousand packs of cigarettes in Röszke
More than fifty thousand packs of cigarettes were found by financial officers in Röszke while checking a Macedonian truck, the National Tax and Customs Administration (NAV) told MTI on Thursday....
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Euro area GDP grew by 0.2 percent in the third quarter
The European Union’s Bureau of Statistics (Eurostat) confirmed on Thursday that the euro area’s gross domestic product (GDP) grew in the third quarter compared with the previous three months. The...
Read moreKSH: Agriculural producer prices increased hardly in September
In September, agriculural producer prices were only 1.1 percent higher than a year before. Cereals and fruit and vegetable prices have declined significantly, making crop and horticultural products on average...
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A proper EU budget is needed to ensure a change of generation in agriculture
An adequate budget must be available in the Common Agricultural Policy (CAP) for the period 2021-2027 in order to ensure the conditions for financing substantial support for generational change in...
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Zsigó: The focus will be on innovative food industry developments in the future
“We have voted in favor of innovative developments in the food industry, and they will be in the focus of the next EU budget cycle,” – the Mionister of the...
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The Chamber of Agriculture has fulfilled its hopes for the hail damage reduction system in agriculture
The application of the hail mitigating system has halved the hail damage in agriculture: farmers reported hail damages on 37,000 hectares this year, compared to the 71,000 hectares of two...
Read moreA shop for handicraft products made in public employment was opened in Szeged
A shop selling quality handicraft products made by public works and social cooperatives was opened – for the first time in the country – in the building of the Csongrád...
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Magazine: Winners of the 2019 HUNGAROPACK Hungarian Packaging Competition
The Hungarian Association of Packaging and Materials Handling (CSAOSZ) organised the HUNGAROPACK Hungarian Packaging Competition for the 36th time in 2019. This year there were 58 competition entries from 31...
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The role of milk and dairy products in a balanced diet
Milk and dairy products are part of a balanced diet because they contain many vitamins and minerals that are difficult to replace from other sources. Numerous studies have confirmed that...
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These are the most popular non-prescription products
As the winter flu season approaching, the VMLY & R Brandasset® Valuator nationwide representative brand survey of vitamin and over-the-counter products has been evaluated. The popularity of Béres is unbroken,...
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Billion HUF business modernization in Kaposvár
Municipal-owned downtown shops and green areas were renewed in Kaposvár. The closing event of the 1.1 billion HUF development lasting more than a year was held on Tuesday in Kaposvár,...
Read moreWe need to rethink measuring inflation in the digital age
The central banks of the developed countries have been unable to meet their inflation targets for nearly a decade, despite considerable efforts – Világgazdaság Online wrote. In two thirds of...
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The Draft of the National Port Development Master Plan Strategy aims to increase the share of water freight
“Our Danube” is a draft strategy for the National Port Development Master Plan, which aims, among other things, to increase the share of water freight transport to 10 percent from...
Read moreAn abbey launched a Trappist beer shampoo
The Sisters of our Nazarene Trappist Abbey of Brecht (Belgium) started marketing a beer shampoo, origo wrote after Store Insider. The nuns here have been manufacturing soap products for various...
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ZEW’s economic sentiment improved in November in the eurozone and in Germany
The economic sentiment index rose to its highest level for half a year in Germany, according to a report released on Tuesday by the Mannheim-based ZEW Economic Research Institute. The...
Read moreMNB: rising food prices pushed up core inflation in October
With the food price index moving up, the central bank explains that inflation and core inflation rose by 0.1 percentage points in October compared to the previous month. In October,...
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Nearly a quarter million registered customers entry at the Wholesale Market
The price of parsley and potatoes increased the most this year on the wholesale market, while domestic supply is still ahead of imports in the summer – penzcentrum.hu wrote. The...
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The Ministry of Agriculture and the National Chamber of Agriculture concluded a strategic agreement
The strengthening of the Hungarian agri-food sector and asserting its interests can only be achieved through a broad-based social partnership – Nagy István, Minister said after signing a partnership agreement...
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Export increased by 10.9 percent in September
In September, the value of exports in euro terms increased by 10.9 percent and imports by 6.5 percent year-on-year. The foreign trade surplus increased by 385 million euros to 566...
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The basic map of the country’s ecosystem has been completed
A basic map of Hungary’s ecosystem has been completed, which presents and assesses the state of the country’s natural systems – the Deputy Minister of State of the Ministry of...
Read moreITM: the new SME strategy promises a more efficient distribution of grants
The government’s new strategy for small and medium-sized enterprises (SMEs) will make more effective use of resources to strengthen Hungarian-owned firms – the Minister of State of the Ministry of...
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Fifty million forints worth counterfeit perfumes were seized near Rajka
More than three thousand bottles of counterfeit branded perfumes worth about 54 million HUF have been seized by financial officers near Rajka, and a case has been prosecuted for violating...
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Trade Alliance: is expected to generate 1,200 billion HUF in sales this Christmas
Hungarians will spend 1,200 billion HUF this year on Christmas in December, which is a record – Vámos György, general secretary of the National Trade Association told M1 news channel...
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