Market News
The launch of the new iPhone may delay due to the corona virus
In recent days, a growing number of experts believe that the global role of the Chinese supply companies in the global supply chain will affect the coronavirus companies – mfor.hu...
Read moreKSH: retail sales increased by six percent last year
Retail sales grew by six percent in 2019, according to both raw and calendar-effect adjusted data, after the 6.7 percent of the previous year – the Central Statistical Office announced...
Read moreNielsen: we spent 2.5 trillion HUF in retail in 2019
Hungarians spent nearly 2,500 billion forints in 17,000 business units in 2019, which is a 7 percent increase, compared to the 2018 total annual sales. Sales volume increased by about...
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MNB: household debt increased by 15.6 percent in 2019
Households’ loans increased by 957 billion HUF from last year’s 338 billion HUF to 7,107 billion HUF at the end of last year. It is 15.6 percent higher than a...
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Retail sales in the euro area declined unexpectedly
In December last year, retail trade volumes in the euro area fell more than expected. It is the largest decline since March 2008, and did not reach the expected growth...
Read moreConsumer price growth in Germany accelerated in January
Consumer prices in Germany rose at an accelerating pace in January, bringing inflation closer to the European Central Bank’s target, but the numbers are still not convincing enough for the...
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Is the planet approaching “peak fish”? Not so fast, study says
Global fish production will continue to expand over the next decade even though the amount of fish being captured in the wild has levelled off and aquaculture’s previously explosive growth...
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AM: Hungary received 360 billion HUF in support of the food industry development between 2014 and 2020
The Hungarian food industry received more than 360 billion HUF in support between 2014 and 2020, and the next seven-year development plan of the agricultural ministry will pave the way...
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Three quarters of the households do not feel financially stronger despite real wage growth
In a survey sent to MTI on Tuesday, GKI notes that between 2014 and 2019, nominal earnings increased by more than 60 percent and real earnings by almost 50 percent....
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All detergents tested by ITM were compliant
All 19 detergents that have undergone consumer protection testing by the Ministry of Innovation and Technology’s (ITM) chemical laboratory have met the specifications. According to an ITM announcement published on...
Read moreSufficient quantities of spring cereal seed this year
The Seed Association Interprofessional Organization and Product Board announces a net price of 105 thousand HUF for spring barley and spring oats II grade reproductive seeds. According to the organization,...
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The Fény Street Market is in trouble
The 2nd District Municipality gathers the opinions of the locals on the Internet and in public forums on what the fate of the Fény Street Market should be – hvg.hu...
Read moreGDPR: more fines, but there are still few well-prepared organizations
The total amount of GDPR fines imposed on companies operating in Hungary exceeded 140 million forints. Most companies violate the principle of personal data processing, which has been penalized 58...
Read moreUS economic growth rate was lower than 3 percent last year
The Trump administration did not reach the 3 percent growthtarget for the US economy last year as corporate investment declined even more amid trade tensions. The Department of Commerce’s statistical...
Read moreE-commerce in Romania increased by 22 percent last year
E-commerce in Romania grew 22 percent last year to 4.3 billion euros, according to a report published on Tuesday. It is estimated that last year Romanians made an average of...
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Magazin: We shouldn’t turn our backs on plastics
According to Miklós Nagy, secretary general of the Hungarian Association of Packaging and Materials Handling (CSAOSZ), lots of negative information has been circulating in the media about packaging, especially plastic...
Read moreAccording to GKI, the economy may grow by 3-3.5 percent this year
The Hungarian economy expanded last year at around 5 percent, one of the fastest in the European Union. Overall, the October-November data do not yet indicate a slowdown, but the...
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Analysts: earnings outperformed expectations
Earnings surpassed expectations last November, according to analysts interviewed by MTI, and this year is likely to be above 9 percent. Horváth András, senior analyst at the Savings Bank, emphasized...
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Food producer prices have risen well above the average
In December last year, industrial producer prices increased by 2.4 percent year-on-year – the Central Statistical Office (KSH) announced on Monday. Domestic sales prices increased on average by 3.3 percent,...
Read moreThe Purchasing Manager Index decreased in January
The seasonally adjusted January Purchasing Manager Index (PMI) became 52.5. It is lower than the 53.9 of December and it is the fifteenth highest since January 1995, the Hungarian Logistics,...
Read moreGerman retail trade union urges constitutional amendment due to Sunday closing rules
The German constitutional law needs to be amended because of the regulation on Sunday store closure – the head of the Handelsverband Deutschland (HDE) told on a Friday. While online...
Read moreThe EU offers duty-free trade to Britain
The EU offers London an agreement on trade free of duty and quotas. This could be the central pillar of the partnership between the Union and Britain, privatbankar.hu quoted EU’s...
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(HU) FAO: Az intenzívebb időjárási sokkok milliókat életét keserítik meg Afrika déli részén
Sorry, this entry is only available in HU....
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Biokontroll: Not everyone passes the test
According to Zsolt Kanyó, the head of Biokontroll Hungária Nonprofit Kft.’s development department, the size of land used for ecological farming is approximately 300,00ha in Hungary – about 6 percent...
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Magazine: Supermarkets can use private label products as a weapon
The Private Labels Manufacturers Association (PLMA) has a monthly news programme at PLMALive.eu, called Newsdesk, and our magazine now presents to you the highlights of the October edition. In the...
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Public cash stock set a record high
It has increased by 102.5 billion HUF in December and reached 6,627 billion HUF by the end of the year. The public cash stock in Hungary is an average of...
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Earnings increased by 13.9 percent in November last year due to bonuses
As a result of non-recurring salary items – last November, average gross earnings were 403,500 HUF, 13.9 percent higher than a year before – the Central Statistical Office (KSH) announced...
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The external trade balance remains in surplus
The euro value of exports rose 0.2 percent in November last year, while imports fell 0.3 percent year-on-year. The balance of foreign trade in goods improved by 44 million euros...
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Black mangalica has become a protected, indigenous breed
The black mangalica was recognized by the Ministry of Agriculture in June 2019 as a stand-alone breed, and an amendment to the zootechnical regulation issued at the end of January...
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40 thousand hectares of wetlands have been renewed from more than 20 billion HUF
In the 2014-2020 EU cycle, 40,000 hectares of wetland habitats have been reconstructed in Hungary through 34 projects – the Minister of State of the Ministry of Agriculture said on...
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