Market News
The volume of global air freight is declining for ten month
The volume of global air freight transported in tonne-kilometers is declining for ten month – according to the International Air Transport Association (IATA). The Montreal-based trade organization announced in a...
Read moreThe brand value of Chinese companies increased by forty percent in one year
Within a year, the brand value of Chinese companies rose by forty percent even amid the US-China trade conflicts. According to “Nation Brands 2019” research of the Brand Finance market...
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Magazine: Shaping the market, shaping consumer taste
Norbert Vass, wine category specialist of Metro told our magazine that Metro stores are waiting for shoppers with 900 different wines and sparkling wines, mainly sourced from Hungarian winemakers. The...
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The support of compliance is essential for the competitiveness of food industrial SMEs
HACCP, TFMS, IFS, FSA, COFRAC, BRC, BSCI, ETI, Fairtrade, UTZ, RSPO, Rainforest Alliance… Just a few abbreviations that cover complex compliance systems that guarantee the quality of food production and...
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The latest short film of the Hungarian Brewers’ Association focuses on women
The newest short film of the Hungarian Brewers’ Association debuted today and focuses on female consumers. The film is another element of the Alliance’s extensive, ongoing communication that began one...
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VMLY&R’s national brand research has examined nearly 700 brands
VMLY&R Hungary has once again examined brands. From the 2019 results of the agency’s long-standing, unique research, the Brandasset® Valuator (BAV), reveals how our country’s brand map has been redrawn...
Read moreThe autumn harvest was successful
The autumn harvest was successful and the prospects for the autumn sowing so far have been favorable – the Deputy Misnister of State of the Ministry of Agriculture (AM) announced...
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PwC: flexible work schedule is the most important for the Hungarian Y and Z generation
Flexible work, stability and basic pay are the most important workplace choice factors for future employees – PwC Hungary’s survey reveals. The deatails of the survey were sent MTI on...
Read moreThe Ministry of Agriculture promotes Hungarian wines within the framework a 3.5 billion HUF program
A 3.5 billion HUF program will be launched to promote Hungarian wines abroad next year – the Minister of State of the Ministry of Agriculture said award ceremony at the...
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According to a survey, companies’ investment intentions stalled
Companies’ investment intentions have come to a halt, according to the latest K&H Growth Index. According to a study sent to MTI on Tuesday, companies’ investment intentions have declined following...
Read moreAnalysts: duality characterizes inflationary processes
Inflationary processes are characterized by duality: in contrast to the decline in the main indicator of inflation, core inflation adjusted for products showing strong price movements has risen. The former...
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A slaughterhouse, a meat processing plant and a pig farm were established in Ormánság
Three settlements in Ormánság joined forces to implement public employment sample program. Within the public employment sample program, a slaughterhouse, a meat processing plant and a pig farm were established...
Read moreExports outpaced imports again
In August, exports increased by 2.6 percent in euro terms and exports grew by 1.3 percent year-on-year – the Central Statistical Office (KSH) announced on Wednesday. The external trade balance...
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What kind of workplace do Hungarians want today?
There is a general contradiction in recent national research, which shows that workplace expectations are in many cases determined by employees’ living conditions rather than by generational differences. According to...
Read moreCzech retail sales continued to grow
In August, retail sales in the Czech Republic increased by 3.7 percent year-on-year. In July, the figure was 7 percent- according to the Czech Statistical Office in Prague. In August...
Read moreIKEA builds a store in Slovenia
IKEA will also be present in Slovenia: it will begin building its first store there in October, which is expected to be completed within a year- the Swedish company, one...
Read moreKSH: prices increased by 2.8 percent in September
Consumer prices increased by 2.8 percent on average in September, compared to a year before. Compared to August prices increased by 0.1 percent – the Central Statistical Office (KSH) announced...
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There are hardly any people who wouldn’t care what stores are near their home
There are hardly any people who are not interested in what shopping options are available in their area, and even the vast majority of them go there – according to...
Read moreThe Hungarian honey market is in trouble
Due to falling European demand and the cheaper Ukrainian, Romanian and Bulgarian competitors, there is no demand for Hungarian honey – Világgazdaság Online reports. Although accurate data on honey production...
Read moreNational chief veterinarian: swine fever was detected in about two thousand wild boars since April last year
African swine fever has been detected in about two thousand wild boars in Hungary since the disease appeared in April last year – the national chief veterinarian told M1 news...
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The optimistic sentiment in the feed market may end
The Hungarian feed industry is prospering, but storm clouds are gathering. Animal health risks are constantly present and market players are prepared to deal with them, but as Bujdosó Tünde,...
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The Ministry of Agriculture is announcing a new support program for storm damage
The Ministry of Agriculture (AM) has set up a new support program worth 600 million HUF to mitigate the storm damages of recent months – the ministry announced on Monday....
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Investor sentiment in the euro area has worsened to a more than six years nadir
Investor sentiment in the eurozone plummeted to a more than six years low in October as central bank stimulus measures failed to ease recession fears. According to the monthly survey...
Read moreAnalysts: consumption remains the engine of growth
The retail sales growth rate in August was in line with the average of the first eight months, so it fits in with this year’s trend and does not indicate...
Read moreOnly about half of regular Internet users shop online, according to a survey
In Hungary, the number of online shoppers is low, only 33 percent of the adult population, 3.2 million people shop at least once a year from an online store, while...
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The growth in the private sector of the euro area has stopped
Growth in the private sector in the eurozone virtually stopped in September after the manufacturing industry’s recession is increasingly affecting the services sector – according to the London-based IHS Markit’s...
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Nagy István: the competitiveness of the Hungarian poultry sector must be preserved
The importance of the poultry industry in Hungary is crucial, and the sector’s competitiveness must be preserved – the Minister of Agriculture said at the annual meeting of the European...
Read moreAM: fresh pork from Hungary can be shipped again to Serbia
Serbia has reopened its market for fresh pork in Hungary as a result of more than a year of negotiations – the Ministry of Agriculture (MTI) announced on Saturday. According...
Read moreKopint-Tárki has improved its growth expectations
The Kopint-Tárki Economic Research Institute raised its GDP growth forecast for September to 4.8 percent from the 4.5 percent forecasted in June, while its forecast for 2020 remained unchanged at...
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