Market News
More than two thirds of the Czechs are satisfied with their standard of living
More than two-thirds, 68 percent, of the Czech population are more or less satisfied with their current standard of living, according to a July poll released in Prague on Wednesday....
Read moreWorldwide smartphone traffic has declined
Global smartphone sales decreased in the second quarter, according to the Gartner market research firm. According to Gartner’s records, global smartphone sales decreased by 1.7 percent in the second quarter...
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Blurred lines between physical and digital shopping experiences
Global non-profit trade association SHOP! prepared a study on the most important retail trends of 2016. According to them, there are five important trends which shape the retail market today:...
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Pigeon grey is trendy
Bedrock Kft. distributes hair care product lines and among these we find Joanna – one of the biggest Polish cosmetics brands. Sales of the Joanna Naturia Color hair dye augmented...
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A survey will begin on our wine consumption habits
The Borháló Borkereskedés (Wine Net Wine Shop) launches a comprehensive online survey on wine the purchasing and wine consumption habits of the Hungarian buyers called WE DRINK WINE TOGETHER 2019...
Read moreThis year the sweet corn crop may be lower than average
Due to extreme weather this year, sweet corn production may fall slightly short of the 500,000 tonne average of the recent years, while purchase prices are rising – according to...
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73 percent of working youth expect a pay raise in the next year, according to a survey
73 percent of working youth expect a salary increase next year. Their majority, 54 percent of them expect a rise under inflation and 19 percent a rise above inflation -according...
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NAV can block food vending machines if someone does not pay the surveillance fee
The tax authority can block the automatic monitoring unit (AFE) of food dispensers, the monitoring service of which is terminated by Magyar Posta – the National Tax and Customs Administration...
Read moreBeekeepers’ Association: beekeepers can apply for the support of the ministry by the end of August
By the end of August, beekeepers will be able to apply for 600 million worth of support from the agricultural ministry – the president of the National Hungarian Beekeeping Association...
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Employment Service: the number of jobseekers drop annually in July
The number of jobseekers declined by 3.7 percent in July compared to the same period of the previous year, and by 0.2 percent, compared to June. At the end of...
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All about lactose sensitivity
Have you ever felt uncomfortable drinking a large mug of milk coffee or eating a bowl of milk custard? You’re not alone! “In Hungary nearly the third of the adult...
Read moreClimate change provides both tasks and opportunities for the economy
Climate change gives not only an additional task, but also opportunities for businesses and the economy in general – OTP Bank says in an analysis based on research by the...
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The Ecumenical Aid Organization delivers educational packages to the needy
The Ecumenical Aid Organization has begun delivering school kits to those in need – the organization said on Tuesday. The Aid Organization’s Let’s Start Scool Together! charity campaign aims to...
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A smartphone app helps the apple growers
Small farmers cannot afford agricultural advice in Serbia yet, so they rely on ancient observations in apple growing – origo wrote. Five young people decided to help them with the...
Read moreGundel awards will be held at Restaurant Gundel
Sorry, this entry is only available in HU....
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Pork prices may increase through the next four to five years
The domestic meat industry has never bought pork so expensive from abroad, the import price per kilo is close to 600 HUF – 24.hu wrote. The rise in prices was...
Read moreResearchers are working on vaccines against swine fever
African swine fever (ASF) is predominantly devastating in Asia, where it causes serious economic damage and rising food prices. Researchers are working to develop a vaccine against swine fever that...
Read moreHalf a billion illegal cigarettes were sold in Hungary last year
Last year, the share of illegal cigarettes was 6.5 percent, with about 530 million cigarettes causing a budget tax loss of about 23 billion HUF. In Hungary, the share of...
Read moreMore than 500 million bees have died in Brazil
More than 500 million bees have died in Brazil over the past three months – the BBC website reported. In the federal state of Rio Grande do Sul alone, 400...
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The largest cow farms
One of the German agricultural portals has gathered the world’s largest farms – origo wrote. These farms breed hundreds of thousands of cows and have millions of hectares of land....
Read moreThe ifo German business sentiment index decreased to a seven-year low in August
The German business sentiment index of the Ifo Economic Research Institute fell more than expected, to a nearly seven-year low, in August as another sign of a deepening trade debate...
Read moreThe sentiment of the American consumers has deteriorated
Consumer sentiment in the United States in August was worse than expected, according to the regular monthly survey of the University of Michigan. According to preliminary data released on Friday,...
Read moreTrade war: China would negotiate to solve trade conflict
China is ready to find a solution to the problems through calm talks and cooperation, China’s Deputy Prime Minister Liu Ho said on Monday, following the escalation of the trade...
Read more130 scientific academies are seeking solutions for global food problems
The InterAcademy Partnership (IAP), an organization representing the world’s scientific academies, is seeking to put agriculture on new foundations, reduce food waste, treat obesity, malnutrition and starvation and introduce climate...
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Analysts: employment can be regarded as full structurally
The number of employees has reached a historic peak – analysts commented the latest labor market data published by the Central Statistical Office on Wednesday. According to the report of...
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Magazine: Lidl is expanding in emerging markets
Lidl’s presence is getting stronger in the emerging markets of CEE and SEE. The discounter chain plans to continue increasing its market share until 2023. //...
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After seven months of deterioration, business expectations improved in august
The GKI economic sentiment index rose in August compared to its low of almost two and a half years in July. According to the empirical survey conducted by GKI (www.gki.hu)...
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AMC has launched a melon promotion campaign
The Agricultural Marketing Center (AMC) has launched a melon promotion campaign to raise awareness of the longer melon season this year. Feldman Zsolt, Minister of State at the Ministry of...
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Typical blue grape varieties are harvested in Villány at the end of August
Some farmers may begin harvesting blue grapes in the Villány wine region in the last days of August, the secretary of the 2,500-hectare vineyard council told MTI. Nagy Gergely said...
Read moreNagy István: grants and programs help increase the competitiveness of beekeeping
The Hungarian beekeeping program, the honey promotion campaigns, and the Year of Pollinators announced this year are all intended to boost the competitiveness of the sector and increase the efficiency...
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