Market News
Brexit – Moody’s: the missing British contribution in the EU budget can be replaced
According to the study of Moody’s Investors Service, published in London on Tuesday, it is expected that the best debt-rated member states of the European Union can continue to meet...
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Magazine: Weight loss products dominate in the market
Most of Scitec Magyarország Kft.’s products in the OTC market belong to the dietary supplement category. Roland Schuster, the company’s senior brand manager told our magazine that such products include...
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Egg Association: large-scale egg production decreased in the first half of the year
Large-scale egg production has fallen by about 9 percent year-on-year in the first half of this year, after an almost 11 percent increase last year. It is expected that 1-1.2...
Read moreCompanies’ willingness to lend increased to record levels
Lending to Hungarian companies reached a record. It was 20 percent higher than a year before, according to Atradius Credit Insurance. According to a study, made with the involvement of...
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Credit Insurer: the feed industry may further expand this year
Emissions from the feed sector could grow by 2 percent this year to 3.45 million tons and generate 8 percent nearly 270 billion revenue more, compared to last year –...
Read moreNagy István: the advance payment of agricultural subsidies starts on Wednesday
The advance payment of agricultural subsidies to farmers through the Hungarian State Treasury (MÁK) will start on Wednesday, amounting to 240 billion HUF this year – the Minister of Agriculture...
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One hundred and fifty million HUF worth fake branded clothes were found in a truck
Six thousand fake branded clothes and accessories were found in avalue of one hundred and fifty million forints in a truck on the M43 motorway – the National Tax and...
Read moreConsumer prices in the United States stagnated in September
Consumer prices in the United States remained unchanged in September, compared to the previous month. Core inflation has become lower than expected, supporting expectations that the Federal Reserve’s Open Market...
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Magazine: Technological development in an optimistic mood
Ian Cook, CEO of Colgate-Palmolive and co-chair of The Consumer Goods Forum (CGF) told on the first day of the organisation’s Vancouver summit in June that more and more developed...
Read moreKSH: the rise in agricultural producer prices has slowed
Thanks to a sharp slowdown in the prices of vegetables, fruits and potatoes, the annual rate of increase in agricultural producer prices slowed down from the 8.1 percent of July...
Read moreTHe analysts of Savings Bank raised their GDP growth forecast to 4.9 percent this year
Analysts at the Savings Bank raised their GDP growth forecast from 4.7 percent to 4.9 percent -was said at the press conference of the bank in Budapest. Suppan Gergely, senior...
Read moreMNB: rising cost of services increased core inflation
Inflation fell by 0.3 percentage points to 2.8 percent in September, while core inflation rose by 0.2 percentage points to 3.9 percent. The slowdown in inflation was mainly caused by...
Read moreITM: no serious consumer protection violation occured in case of coupon promotions
Inspectors found no serious violations of consumer protection in case of coupon promotions, with just 5 percent of last year’s nearly 300 inquiries – the Ministry of Innovation and Technology...
Read moreThe volume of global air freight is declining for ten month
The volume of global air freight transported in tonne-kilometers is declining for ten month – according to the International Air Transport Association (IATA). The Montreal-based trade organization announced in a...
Read moreThe brand value of Chinese companies increased by forty percent in one year
Within a year, the brand value of Chinese companies rose by forty percent even amid the US-China trade conflicts. According to “Nation Brands 2019” research of the Brand Finance market...
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Magazine: Shaping the market, shaping consumer taste
Norbert Vass, wine category specialist of Metro told our magazine that Metro stores are waiting for shoppers with 900 different wines and sparkling wines, mainly sourced from Hungarian winemakers. The...
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The support of compliance is essential for the competitiveness of food industrial SMEs
HACCP, TFMS, IFS, FSA, COFRAC, BRC, BSCI, ETI, Fairtrade, UTZ, RSPO, Rainforest Alliance… Just a few abbreviations that cover complex compliance systems that guarantee the quality of food production and...
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The latest short film of the Hungarian Brewers’ Association focuses on women
The newest short film of the Hungarian Brewers’ Association debuted today and focuses on female consumers. The film is another element of the Alliance’s extensive, ongoing communication that began one...
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VMLY&R’s national brand research has examined nearly 700 brands
VMLY&R Hungary has once again examined brands. From the 2019 results of the agency’s long-standing, unique research, the Brandasset® Valuator (BAV), reveals how our country’s brand map has been redrawn...
Read moreThe autumn harvest was successful
The autumn harvest was successful and the prospects for the autumn sowing so far have been favorable – the Deputy Misnister of State of the Ministry of Agriculture (AM) announced...
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PwC: flexible work schedule is the most important for the Hungarian Y and Z generation
Flexible work, stability and basic pay are the most important workplace choice factors for future employees – PwC Hungary’s survey reveals. The deatails of the survey were sent MTI on...
Read moreThe Ministry of Agriculture promotes Hungarian wines within the framework a 3.5 billion HUF program
A 3.5 billion HUF program will be launched to promote Hungarian wines abroad next year – the Minister of State of the Ministry of Agriculture said award ceremony at the...
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According to a survey, companies’ investment intentions stalled
Companies’ investment intentions have come to a halt, according to the latest K&H Growth Index. According to a study sent to MTI on Tuesday, companies’ investment intentions have declined following...
Read moreAnalysts: duality characterizes inflationary processes
Inflationary processes are characterized by duality: in contrast to the decline in the main indicator of inflation, core inflation adjusted for products showing strong price movements has risen. The former...
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A slaughterhouse, a meat processing plant and a pig farm were established in Ormánság
Three settlements in Ormánság joined forces to implement public employment sample program. Within the public employment sample program, a slaughterhouse, a meat processing plant and a pig farm were established...
Read moreExports outpaced imports again
In August, exports increased by 2.6 percent in euro terms and exports grew by 1.3 percent year-on-year – the Central Statistical Office (KSH) announced on Wednesday. The external trade balance...
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What kind of workplace do Hungarians want today?
There is a general contradiction in recent national research, which shows that workplace expectations are in many cases determined by employees’ living conditions rather than by generational differences. According to...
Read moreCzech retail sales continued to grow
In August, retail sales in the Czech Republic increased by 3.7 percent year-on-year. In July, the figure was 7 percent- according to the Czech Statistical Office in Prague. In August...
Read moreIKEA builds a store in Slovenia
IKEA will also be present in Slovenia: it will begin building its first store there in October, which is expected to be completed within a year- the Swedish company, one...
Read moreKSH: prices increased by 2.8 percent in September
Consumer prices increased by 2.8 percent on average in September, compared to a year before. Compared to August prices increased by 0.1 percent – the Central Statistical Office (KSH) announced...
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