Market News

Next year, 82 billion HUF will be spent on social children nutrition

Next year, the government will spend more than 82 billion forints on social children nutrition – the Parliamentary Minister of State of the Ministry of Human Resources told journalists on...

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Euro area private sector growth accelerated more than expected in June

Compared to preliminary data, euro area private sector growth accelerated to a greater extent in June – according to purchasing manager indices. IHS Markit, a London-based financial and economic data...

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The world produces more than two billion tons of municipal waste annually

Worldwide, 2.1 billion tonnes of municipal waste are produced annually, it could fill 822,000 Olympic-sized swimming pools, according to a study by Verisk Maplecroft, a global research company that investigated...

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Obesity cause cancer more times than smoking

Obesity, like smoking, is already playing a major role in the four most common types of cancer, a British research organization said. According to the data of the Cancer Research...

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More and more grain is stored due to the low prices

Due to the persistently low cereal prices, the growers do not want to sell, this is why the storage time and inventories are increasing steadily – agrarszektor.hu wrote. Farmers can...

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Kopint-Tárki improved growth forecast

Compared to its March forecast, Kopint-Tárki Institute for Economic Research also increased its forecast for economic growth and inflation in a report published on Tuesday. Instead of the 4.0 percent...

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The closed garden revitalization program will start again this year

This year, the Ministry of Agriculture (AM) announces a closed garden revitalization program. The municipal governments and their consortias may apply for a non-refundable grant within the 2 billion HUF...

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ÖRT – series of presentations for prevention

With the presentations held at advertising industry companies, the ÖRT leaders bring information on the legal and ethical issues of advertising to the first level of advertising creators. Prevention is...

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Beekeeping Association: heat is bad for apiculture

Extreme heat is not conducive to apiculture because plants are blossoming for a shorter period of time, and bees have to deal with the cooling of the hive as well...

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The June Purchasing Manager Index decreased

The Purchasing Manager Index (PMI) shows a slowdown in growth, its seasonally adjusted vakue in June was 54.4 points, compared with the 57.9 points in May – the Hungarian Logistics,...

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Rail Cargo Hungaria is ready to transport grain exports

Rail Cargo Hungaria (RHC) is prepared for the rail transport of Hungarian grain exports, and the company estimates that this year, approximately 825 thousand tons of grain will be exported...

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German retail sales decreased

Retail sales declined in May on the basis of a report from the German Federal Statistical Office, Destatis, compared to the previous month. In May, retail sales in Germany fell...

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The rate of rise in consumer prices slowed down in the OECD countries in May

The rate of increase in consumer prices in the member states of the Organization for Economic Co-operation and Development (OECD) slowed down in May. In May, average annual inflation in...

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Magazine: Hungarian beer drinkers are sophisticated and like trying new products

According to a survey conducted by the Association of Hungarian Brewers, in 2018 beer sales were up 1.3 percent at 6.29 million hectolitres in Hungary. The top five brewers in...

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The summer check has started

A series of summer check-ups that have been regularly organized between July 1 and August 20 have begun, with one of the top priorities being that Hungarian families get safe,...

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NAK: a good apricot harvest is expected

Countrywide, apricot harvesting is under way. According to the survey of the National Agricultural Chamber (NAK), growers expect a good harvest this year after the very bad harvest of last...

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The National Agricultural Advisory Committee was established

The National Agricultural Advisory Committee (NATAB) was set up in Parliament on Monday to inform the farmers, to facilitate administration and to inform young people about the potential of agriculture...

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The membership of MNKSZ continued to expand

In the first half of 2019, the Hungarian National Trade Association has two new major members. The Norbi Update Lowcarb and BiotechUSA dynamically growing domestic commercial networks have also voted...

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ITM: the UV filtering of all sunglasses met the consumer protection standards

The UV filtering of all sunglasses tested complied with the requirements for consumer protection control – the Ministry of Innovation and Technology (ITM) told MTI on Monday. According to the...

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Retail sales fell in May in Switzerland

Retail sales in Switzerland continued to decline in May. The Swiss Federal Statistical Office (FSO) announced on Monday that retail sales had fallen by 1.6 percent in nominal terms, compared...

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The virtual pillars of warehouses

SSI Schäfer’s experience is that in the last few years competition was getting stronger in the market of logistics service providers. It is more and more important to make the...

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Biopolymer-based packaging designs

DS Smith Packaging Hungary Kft, the Budapest University of Technology and Economics and Polifoam Plastic Processing Kft. have been granted HUF 552.21-million funding for developing a multifunctional biopolymer-based packaging system....

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Magazine: A trendy drink: smoothie

SIÓ-Eckes Kft. is the Hungarian market leader fruit juice company. They define smoothie as a product made from fruits, vegetables, purées or fruit juices, either from concentrate or not, which...

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KSH: earnings increased by 9 percent in April

In April, the average gross earnings of full-time employees reached 371,100 HUF. By excluding public employees, the increase was 381,100 HUF which is an increase of 9.0 and 7.9 percent,...

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20,000 melon and 200,000 tons of watermelon yields are expected

Around 20,000 tons of Hungarian melons are expected to be harvested in about 500 hectares of production area in the days of harvesting – was said on a press conference...

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Nagy István: Hungarian hop can receive production for 100 million HUF

The Ministry of Agriculture transfers 100 million HUF support for the installment of new hop plantations – the ministerial decree on the issue will soon be published – Nagy István,...

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London analysts: the growth of EU economies in Central Europe are robust, but may slow down later

According to London financial analysts, the growth momentum of the Central and Eastern European economies was likely to remain robust in the second quarter, but due to euro area problems,...

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Beach games spin the summer game market

Typically 2-6 thousand forints are spent on beach games by Hungarian parents during the shopping, most of them are looking for water guns, rubber mattresses and standballs, according to the...

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Consumer sentiment worsened in the US in June

The consumer sentiment index of the University of Michigan decreased, compared to the previous month, but became slightly better than expected in June. In June, the final value of the...

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Euro area inflation was 1.2 percent in June

The rate of inflation expected by analysts was 1.2 percent in June in the euro area, based on a report by Eurostat on Friday, based on preliminary data. In May,...

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