Market News

Students are very entrepreneurial

Four out of five university students would start their own businesses, most of them for self-realization – according to a survey by the Budapest Metropolitan University (METU). According to the...

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Paris and four other French cities banned the use of pesticides on their territory

In addition to five French cities, Paris, Lille, Nantes, Grenoble and Clermont-Ferrand announced simultaneously on Thursday that they will ban pesticides in their area, hoping to force parliament to change...

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China’s largest ancient distillery has been discovered

The ruins of China’s largest ancient distillery to date have been uncovered in Anhui province in the east of the country – the Xinhua State News Agency reported. The remains...

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Economic growth in the euro area and the EU slowed in the second quarter

Economic growth slowed in the European Union and the euro area in the second quarter. According to revised but not yet definitive data, Hungary achieved the highest economic growth in...

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Magazine: Simple mechanisms, useful prizes

As part of the ‘Most successful promotion of the year’ competition, Kantar-Hoffmann and Trade magazin do a consumer survey every year, getting 32 direct consumer feedbacks on the entries and...

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KSH: consumer prices rose by 3.1 percent in August

In August, consumer prices rose by an average of 3.1 percent year-on-year, down 0.1 percent from July – the Central Statistical Office (KSH) announced on Tuesday. The annual rate of...

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Equilor: the Hungarian economy is stable

The fundamentals of the Hungarian economy continue to be favorable, although GDP growth may slow down, but it will remain vigorous this year – according to the latest analysis of...

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V4: do not cut EU subsidies!

Representatives of the Parliamentary Committees for European Affairs of the Visegrád Countries called the 20 percent cut in EU funding for the next seven-year budget cycle unacceptable at their meeting...

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The work of veterinarians is also very important in the field of food safety

Veterinary medicine and food chain safety are already facing challenges that will require new ideas from veterinary students – Zsigó Róbert, Minister of State of the Ministry of Agriculture said...

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The tax and customs department seized fake perfumes and shoes

The finance officers of the National Tax and Customs Administration (NAV) seized 24 million HUF worth fake perfumes and 132 pairs of fake shoes on the M1 motorway – the...

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German exports increased

Contrary to expectations, the value of Germany’s exports did not fall but increased in July, with a stable third-quarter launch indicating that the largest economy in the euro area could...

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Global sales of smartphones continue to decline this year

Global sales of smartphones have fallen for the third consecutive year – according to the International Data Corporation (IDC) IT and telecommunications market research firm. According to IDC, 0.4 percent...

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The world we want tomorrow starts with how we do business today

– claims Mars, one of the world’s biggest confectionary, food and pet food producers, through their new Purpose statement. The new statement is integrated in the daily life of Mars...

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Shoppers looking for a drill need holes

Extreme Digital and SD4Good organised a two-day forum in Budapest for digital transformation experts on 6-7 June. The Shop Experience Design Sprint focused on finding new ways, business models and...

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Trendy black coffees

Judit Hellinger, Tchibo Budapest Kft.’s trade marketing manager informed our magazine that the improving economic situation and higher salaries had entailed a 7-percent sales growth in the Hungarian coffee market....

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Magazine: Nobody knows how far the 24th hour is

More and more companies, especially large firms with the necessary financial resources, realise that sustainability isn’t only important for their prestige, but it is also profitable in the long run. Many...

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GKI: online retail sales over 200 billion HUF in the first half of this year

According to a joint survey of GKI Digital and Árukereső.hu, the retail sales of this year increased by 16.4 percent, compared to the first half of last year. This year...

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This year’s school milk and fruit program is secured

The school milk and fruit program is secured again this year, the Minister of State of the Ministry of Agriculture said in a press conference in Budapest on Monday. Feldman...

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Nagy István: agriculture provided more than half of the national economy’s foreign trade surplus in the first half of the year

The Hungarian agricultural economy has undergone spectacular development in recent years, and its productivity and profitability have also increased significantly. Thanks to this, every year it makes a significant contribution...

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Coface: the Central and Eastern European GDP may expand by 3.6 percent this year and 3.2 percent next year

GDP in Central and Eastern Europe is growing at a slower rate than last year, with GDP rising 3.6 percent this year and 3.2 percent next year – according to...

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Milk Product Councils: the costs of dairy farmers are increasing

The Intergovernmental Organization for Milk and Product Council has repeatedly stressed the importance of resolving the tensions between dairy farmers and retailers. In the domestic context, the increasing inflation and...

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An illegal pálinka maker was found in Baranya

Hundreds of liters of distillate and thousands of liters of mash, as well as high-volume pálinka making machines were found by the National Tax and Customs Administration (NAV) in an...

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Investor sentiment in the euro area improved slightly

Investor sentiment in the euro area has improved slightly, according to a study released on Monday by the Berlin-based Sentix Economic Research Institute. The monthly Sentix survey was made with...

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Consumption has become the new mantra in the Chinese economy

Chinese leadership wants to boost economic growth primarily through boosting domestic consumption – origo wrote. But there are still serious limitations to this, despite Chinese consumers contributing significantly to GDP...

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Coffee cures a rare disease

The effectiveness of two espressos per day was confirmed by a random test: the coffee eliminated by the coffee the symptoms of a rare, hereditary, incurable disease of 11-year-old French...

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European Commission: Hungary’s digital development has improved

According to DESI’s 2019 data showing the development of the digital economy and society, Hungary’s performance over the past few years has improved at a pace similar to the EU...

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AM launches a wine promotion program with a budget of 3.5 billion HUF

The Ministry of Agriculture plans to launch a 3.5 billion HUF wine promotion program to support the sale of quality wines, Feldman Zsolt, Minister of State of the Ministry of...

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KSH: Exports and imports rose by 7.6 percent in July

In July, exports and imports both rose 7.6 percent year-on-year, and foreign trade surplus became 276 million euros, 19 million euros higher than a year before – the Central Statistical...

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ITM: special attention to be paid this year on students’ consumer awareness again

The Ministry of Innovation and Technology (ITM) will continue to focus on providing students consumer protection knowledge this school year. The Ministry is launching its “Consumer Awareness School” competition for...

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More than 7,300 young people start their education in the institutions of the Ministry of Agriculture

“More than 7,300 young people start their education in the institutions of the Ministry of Agriculture” – the Ministry of Agriculture told MTI. “The school system, which responds to the...

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