Market News
Tokaji is also included in the EU agreement with China on the protection of geographical indications
The name Tokaji is also included in a bilateral agreement between the European Union and China on the protection of geographical indications containing one hundred European and one hundred Chinese...
Read more
Retail sales in the euro area were more favorable than expected in September
Retail trade turnover in the euro area increased more than expected in September, on an annual basis, indicating that household consumption continues to support economic growth. The European Union Bureau...
Read moreInvestor survey: trade war is the biggest global economic risk
According to a recent survey, the global institutional investor community continues to view trade wars as the greatest risk to the global economy and also considers the risk of a...
Read moreThe rate of increase in consumer prices in the OECD countries slowed down in September
In the Organization for Economic Co-operation and Development (OECD) member states, the lowest inflation rate occured in September, since November 2016. It was 1.6 percent, after the 1.9 percent of...
Read morePremium meat is already produced in the slaughterhouse in Mohács
One million pigs a year are processed in the Mohács plant of the MCS Vágóhíd Zrt., which produces premium quality meat products for two and a half years an provides...
Read moreApiculture association: about 550,000 tonnes of honey is consumed each year in the European Union
Almost one-third of the world’s honey production, about 550,000 tonnes of honey is consumed a year in the European Union (EU), but EU beekeepers can produce only half of it,...
Read more
AM: sunflowers achieved a record yield for this year
Harvesting sunflowers has reached a historic record of 3.01 tonnes per hectare at the end of October – the Ministry of Agriculture told MTI on Tuesday. The yield per hectare...
Read more
Minister of State for Rural Development: the government spends significant resources to improve the quality of life for farmers
The government is spending a significant amount of its budget and EU funding to improve the quality of life of people living on farms – the Minister of State of...
Read more
October euro area inflation declined
The annual rate of increase in consumer prices in the euro area in October was lower than in the previous month, mainly due to lower energy prices. The European Union’s...
Read moreThe rainy weather in Zala County helps the harvest and the development of sowing
In Zala County, rainy weather makes harvest idifficult, but rainfall helps plant crops – the county president of the National Chamber of Agriculture (NAK) announced on Monday. Almost 60 percent...
Read moreMLBKT: Purchasing Manager index increased in October, but shows slight increase
The Seasonally Adjusted Purchasing Manager Index (PMI) for October was 51.9 points, according to respondents reporting better overall performance than last month, the Hungarian Logistics, Purchasing and Inventory Company (MLBKT)...
Read moreDigitalisation is the key to future workplaces
One of the most important corporate trends today is digitalization. Technology solutions are playing an increasingly important role in the implementation of both business and HR strategies. It does not...
Read more
Estonians have the most competitive tax system in the world
In 2019, Estonians have the world’s most competitive tax system – for the sixth time. Corporate tax is the key – Világgazdaság Online wrote. Estonians know something very well. We...
Read more
Throne Claims in the Online Advertising Market
Currently, two large companies still dominate the online advertising market, Google and Facebook. However, in recent times, a whole team of young companies have begun to claim the throne. Trends...
Read moreAmerican alternative meat goes to Russian grocery stores
US-based Beyond Meat’s alternative meat will be sold in 29 grocery stores from next week in Moscow in – the Russian daily Vedomosztyi announced on Friday. The price of a...
Read moreConsumer spending in the United States increasede slightly in September
As in the previous month, US consumers have saved more and barely increased their spending in September, while wages and salaries have stagnated, making it doubtful that consumers will be...
Read more
Ifo’s fourth quarter euro area sentiment index deteriorated
Economic sentiment in the euro area deteriorated significantly in the fourth quarter, according to a study sent to MTI by the Ifo Economic Research Institute of the University of Munich...
Read more
The insecticide used on Japanese rice plantations may have caused fish death
A Japanese research team found convincing evidence that neonicotinoid insecticides used on rice plantations could have killed two fish stocks – the Phys.org science portal wrote, after Science Journal. Olaf...
Read more
GDP growth slowed down and inflation decelerated as well
he Hungarian economy increased outstandingly in the first half of 2019, by 5.1 per cent, the same rate as last year. Until now, this rate has been the fastest in...
Read more
Magazine: Differing trends for discount supermarkets
Sales by discount supermarkets only increased by 0.1 percent in Germany in the first half of the year. Low prices attract German consumers less than they used to – reported...
Read more
KSH: exports increased more than imports in August
The value of exports, measured in euros, grew by 2.7 percent in August and imports by 1.2 percent. The export surplus on trade in goods was 60 million euros, 122...
Read more
AM: reference prices and average yield data were published for this year’s claim for compensation
Reference prices and average yield figures for the 2019 claim for compensation have been published – the Ministry of Agriculture (MTI) informed MTI on Thursday. According to the announcement, producers...
Read morePwC: carbon intensity reduced by less than half of the target
The pace of global decarbonisation seems to have come to a halt, after moderate progress over the previous four years. If this trend continues, countries will not be able to...
Read moreGerman retail sales improved less than expected in September
In September, German retail sales grew less than expected both in annual and monthly terms. Destatis, the German Federal Bureau of Statistics, announced on Thursday that retail sales grew 3.4...
Read moreAfrican swine fever: another 13,000 animals in Romania to be killed to prevent the spread of infection
The Romanian Animal Health and Food Safety Authority (ANSVSA) decided to kill nearly 13,000 more pigs on Friday after the African swine fever (ASP) virus was detected on a farm...
Read moreGfK Purchasing Power: in Europe 14,739, Hungary 7,416 euros are available to an average citizen in 2019
In 2019, an average European citizen has 14,739 euros for purchasing. However, there are significant differences in net income between the 42 countries surveyed. Liechtenstein, Switzerland and Luxembourg have the...
Read moreWine grape vintage can be excellent this year
Less than expected wine grapes have been harvested, but it looks like this year’s will be an excellent vintage – Légli Ottó, president of the National Council for Mountains, adding...
Read moreKSH: double-digit earnings growth continues
In August, average gross earnings grew by 11.5 percent year-on-year to 358,000 HUF. The average net income without allowances amounted to 238,700 HUF taking the benefits into account reached 246...
Read moreIrrigation is supported by a new bill from the Ministry of Agriculture
The bill on irrigation farming was brought before the National Assembly, one of the main principles of which is, according to the farmers’ request, that irrigation is a public interest...
Read more