Market News
Analysts: GDP growth by the end of 2020 may indicate a faster-than-expected recovery
Gross domestic product (GDP) growth in the fourth quarter of last year became higher than the analysts’ expectations. It suggests a much higher-than-expected recovery capacity in the economy, meaning a...
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The shops in the capital fell huge
But they still stayed in the lead in per capita spending. In December, spending fell in the capital’s stores by 15% and in 2020 as a whole by 10%. The...
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An ordinary product made the retired secretary a millionaire
A woman from Érd won one million with a paper towel in a sweepstakes promoting domestic products, in which participants submitted an AP code for the purchase of 110,000 pieces...
Read moreCherries from Újfehértó have also been protected in the EU
The European Commission has approved the inclusion of sour cherries in Újfehértó on the list of protected designations of origin, the Brussels body announced on Thursday. According to the information...
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(HU) Sikeres trade marketing stratégiák Óperencián innen és túl
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More Hungarians reported a decrease in their income than the European average
35 percent of European respondents indicated that their revenues decreased in 2020. In Hungary, this ratio was 41 percent of the Intrum debt management company informed MTI about the results...
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Job satisfaction has not changed much, according to a survey
In the Hungarian labor market, job satisfaction did not change much in 2020 compared to 2019, 45 percent of respondents said they were satisfied with their salary, and 60 percent...
Read moreAM: German agricultural relations will be strengthened further
For Hungary, Germany is a key partner in the exchange of agricultural goods and in the European Union’s common agricultural and environmental policies, the Minister of Agriculture said in a...
Read moreOECD economic growth slowed in the fourth quarter
The combined economic growth of OECD member countries slowed significantly in the fourth quarter, compared with the previous quarter. According to data from the Organization for Economic Co-operation and Development...
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GKI: Since 2010, income differences in Hungary have not decreased
The concentration of the income of the Hungarian population has not changed during the last 10 years, despite the economic growth – GKI Gazdaságkutató Zrt. drew attention in its communication...
Read moreCooperation has been established for the digitization of the agricultural sector
On Monday, Gyuricza Csaba, Rector of the Hungarian University of Agricultural and Life Sciences (MATE) and Gál András Levente, professional leader of the Digital Welfare Program (DJP), signed a letter...
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The deadline for submitting animal welfare payments in the dairy sector expires
The deadline for dairy farms to apply for an extension of the commitment period expires on 22 February 2021 – the Ministry of Agriculture (MoD) told MTI on Wednesday. According...
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Nébih closes the third beef slaughterhouse in a row
Experts from the National Food Chain Safety Office (Nébih) found serious hygiene deficiencies again at a slaughterhouse, this time in Vas County, and the plant was suspended immediately by the...
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Google and Amazon paid a huge price for cookies
Last December, the French Data Protection Authority (CNIL) fined Google and Amazon a record amount of 135 million euros, or about 48 billion forints, for placing cookies without proper information...
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Walmart is the top grocery e-commerce player in the U.S.
Walmart took over Amazon’s spot as the top grocery e-commerce platform, according to a survey from TABS Analytics in August. About 30% of online grocery transactions come from Walmart while Amazon accounts...
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(HU) Gluténmentes zöldségtészta – az ALDI-ban!
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Read moreKSH: GDP decreased by 5.1 percent in 2020
Hungary’s gross domestic product (GDP) increased by 1.1 percent in the fourth quarter of last year, compared to the previous quarter and decreased by 3.7 percent, compared to the same...
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MKIK-GVI is constantly improving business confidence
In January, MKIK GVI asked 349 executives about their company’s business situation and prospects for the next six months for the quarterly business survey. (MTI) According to the results of...
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Small shops can also sell medicine
The government decree on the 45 billion HUF subsidy of rural small shops not only provides funds for rescuing shops in settlements of less than 2,000 inhabitants, but also provides...
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Ipsos: we go to the community more often
The population did not calm down with the news of the widely available vaccine, masks and frequent hand washes remained, but the general discipline of Hungarians relaxed. In the older...
Read moreHere is the new drone law – violation can be an expensive fun
There are currently 70,000-80,000 drones flying in Hungary, most of them operated by hobby users. However, from 2021, the regulations on unmanned aerial vehicles will change in Hungary as well,...
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Improved fourth quarter GDP data in Eurostat’s second estimate
The European Union’s statistical office (Eurostat) improved last year’s fourth quarter GDP data in its second estimate released by the European Union’s statistical office (Eurostat) on Tuesday. In the 19...
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Retail bankruptcies in the U.S.
More than three dozen retailers, including the nation’s oldest department store chain, filed for bankruptcy this year, marking an 11-year high. L’Occitane has filed for bankruptcy January 26, 2021. In...
Read more2021 could be a year of inflation
This year, the largest central banks can still print an astonishing amount of money, while growth can start as well privatbankar.hu, wrote. The money press could prevent a bigger fall...
Read moreGKI: consumer confidence deteriorated slightly in February
The GKI consumer confidence index decreased by 1.1 points in February, after a rise of 5.5 points in January, to minus 34.9 points – the GKI Gazdaságkutató Zrt. informed MTI....
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NAV is focusing on these areas this year
The National Tax and Customs Administration (NAV) audit plan for 2021 has been published, which revealed that four main areas will be in focus this year. Activities and sectors with...
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The role of sport in the business success of female leaders is paramount
According to nine out of ten (89%) female leaders in Hungary, sports contribute to becoming a successful leader, according to a survey of the University of Physical Education, the Egyenlítő...
Read moreReliefs have come into effect in Croatia and Slovenia
In order to relief pandemiological restrictions, gymnasiums, casinos, betting offices, language schools and various workshops could be opened and cafes allowed to sell beverages in Croatia. In Slovenia, all shops...
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Scottish whiskey export sales fell to a ten-year low last year
Revenues from Scotch whiskey exports fell to a ten-year low last year as a result of the coronavirus pandemic and due to the increased US criminal duty. According to the...
Read moreConsumer sentiment in the United States deteriorated in February
Consumer sentiment in the United States deteriorated moderately in February, according to the standard monthly survey by the University of Michigan. According to preliminary data released on Friday, the value...
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