Market News

Ten million eggs that wouldn’t make a chick

Bloomberg reports on an unusual government idea from Indonesia. Jakarta would force record-low poultry meat prices to rise by recommending the destruction of eggs to the poultry farmers – origo...

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Growth in the euro area private sector picked up but remained modest in August

Growth in the private sector of the euro area increased but remained modest in August, after the service sector was only partially able to offset the decline in manufacturing performance...

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The euro area faces the most pessimistic investor sentiment of the past five years

Investor sentiment in the euro area fell to the lowest value of the past five years, according to a study released on Monday by the Sentix Economic Research Institute in...

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Labelling issue solved by Brewers of Europe

A few years ago, UNESCO added Belgian beer culture to its list of Intangible Cultural Heritage of Humanity. It highlighted how deeply this culture is embedded across Belgium’s towns and...

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Magazine: Mixed strategies to get satisfaction

‘Marketing and psychology’ was the title of the presentation László Mérő, professor of mathematics and psychology at ELTE in Budapest and Babes-Bolyai University in Cluj-Napoca, gave at the June meeting...

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Analysts: the rise in wages lays the foundations for retail sales growth

In July, after two months of modest growth, retail business turnover increased dynamically again. The double-digit wage growth predicting continued sustained growth in consumption and retail, thereby remaining an important...

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There are online advertisements that are welcomed by Hungarian consumers

NetADclick, an online advertising specialist, has surveyed the growing popularity of vegan cosmetics. Well-positioned, informative advertisements are even enjoyed by members of the group – according to a survey of...

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European Commission: VAT losses has been reducing in EU countries for years

The difference between the calculated and the actual amount of VAT collected has been decreasing for years, reaching 137 billion euros in EU countries in 2017 – the European Commission...

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Meat is very expensive in Switzerland

Switzerland is rich – but food costs almost 70 percent more than the EU average – privatbankar.hu wrote. Not to mention meat: its average price is 2.3 times the EU...

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Employment growth in the United States was stronger than expected in August

Employment growth in the United States was much stronger than expected in August – according to data released on Thursday by the ADP Labor Data Processing Institute. The Automatic Data...

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FAO: World food prices dip in August

Global food prices declined in August, driven by sharp falls in the prices of staple cereals and sugar, according to a report issued today by the Food and Agriculture Organization...

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KSH: retail sales growth accelerated further

According to the raw data, retail sales grew 6.9 percent in July, while calendary effect adjusted by 6.4 percent, compared to the same period of the previous year, following the...

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Nébih: The summer seasonal food chain inspection ended with mixed experiences

The summer seasonal food chain inspection ended with mixed experiences: during the inspection of 4,307 establishments and nearly 12,000 products, more than 34 tonnes of food products were withdrawn and...

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Nébih: African swine fever infected area expanded further

The area infected with African swine fever (ASF) has been further expanded in Hungary, with measures primarily affecting game farmers, the National Food Chain Safety Authority (Nebih) published on its...

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Mangalica meat is popular in Japan

Although the consumption of mangalica meat is increasing in Hungary, Hungarian mangalica meat is still more popular abroad than in Hungary – index quotes the communication of the National Association...

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One of the main goals of the government is to produce better products in the food industry with increasing processing

One of the government’s key goals is to produce better quality products in the food industry with ever-increasing processing – the Minister of State of the Ministry of Agriculture (AM)...

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Plant health regulations will be tightened from December

The plant health regulations, which affect every traveler from abroad, will be tightened from 14 December – the National Food Chain Safety Authority’s (Nebih) draws attention on its website. The...

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Romanian retail sales increased by seven percent

Romanian retail sales grew 7.1 percent in the first seven months of this year, compared to the same period of last year – the Romanian National Institute of Statistics announced...

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The Burgundy harvest begins earlier every year

The start of the Burgundy harvest of the past 664 years clearly indicates that the past 30 years have witnessed an unprecedented warming of the climate – index wrote. From...

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Retail sales in the euro area started weakly in the third quarter

Retail sales started weakly in the third quarter, but performance in July is not a cause for concern for household consumption. The European Union Bureau of Statistics (Eurostat) announced on...

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FAO: global food security is in danger

According to a study, the western world has an almost unbeatable appetite for crops such as avocado, coffee or citrus, which could endanger the world’s food security and the diversity...

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Magazine: Promotions in Portugal

Portugal has finally left the economic recession behind and retailers are adapting their strategies to the new situation. This has resulted in too many promotions and the market is now saturated...

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What are the trends of the dairy industry?

V4NA looked at trends in milk consumption and milk production in various European countries, including the Visegrád countries – origo wrote. Surveyed countries include Hungary, Slovakia, the Czech Republic, Poland,...

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KSH: export surplus was 488 million euros in June

In June, the value of exports in euro terms fell by 7.3 percent, while the value of imports fell by 2.3 percent, and the export surplus of 488 million euros...

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The new SME strategy will soon be presented to the government

The new SME development strategy for 2019-2030 is ready and will soon be presented to the government – György László, Minister of State of the Ministry of Innovation and Technology...

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Consumer prices in the OECD countries accelerated in July

In particular, the rise in food prices accelerated the rate of increase in consumer prices in the member countries of the Organization for Economic Cooperation and Development (OECD) in July....

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Inflation remained depressed in the euro area in August

Inflation remained depressed in the euro area in August, which is likely to further strenghten market expectations that the Governing Council of the European Central Bank will loosen its monetary...

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Sarajevsko is going to China

The brewery in Sarajevo, the capital of the Balkan state, has officially announced it has begun shipping its most popular product, Sarajevsko beer, to China – origo wrote, after Asia...

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Analysts: economic growth will slow down in the second half of the year

Economic growth will slow in the second half of the year, but may still be close to 4.5 percent throughout the year – analysts told MTI commented on Friday’s detailed...

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KSH: services and investments contributed the most to the GDP growth in the second quarter

Gross domestic product (GDP) increased by 4.9 percent in the second quarter compared to the same period of last year, up 1.1 percent from the previous quarter, according to the...

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