Market News
Thousands of shops in Budapest are waiting for tenants
About two to three thousand retail properties are vacant in Budapest, depriving the owners of municipalities, condominiums and private owners of revenue – origo wrote after Világgazdaság. According to the...
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The rate of increase in consumer prices in the euro area slowed down in July
Consumer price growth in the euro area slowed to a seventeen-month low in July. According to the preliminary data released by the European Union Bureau of Statistics (Eurostat) on Wednesday,...
Read moreThe US-China trade war can hold back world trade
DHL’s Global Trade Barometer expects global trade to decline in the coming period – piacesprofit.hu wrote. Traffic is also declining in the air and maritime trade. Due to the growing...
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Sirha Budapest: Almost half of the exhibition space is already booked
The next Sirha Budapest trade show will take place on 4-6 February 2020. It perfectly shows the significance of the Budapest event that already about100 companies have booked 5,000m² of exhibition...
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Magazine: The land of milk and…milk drinks!
The milk drink market is booming: sales have been growing by two-digit numbers for years, driven by iced coffees – but sales of flavoured milk drinks also increased. Mária Tell-Prantner,...
Read moreBeer Association: 2.4 percent less beer was sold in the first half of the year
Beer consumption decreased in Hungary in the first half of the year, according to the president of the Hungarian Brewers’ Association, mainly due to the cooler weather. In the first...
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KSH: double-digit earnings growth again in May
In May, gross and net average earnings were 11.2 percent higher than a year before. After the 9.0 percent growth in April a double-digit growth occured in May. Excluding the...
Read moreEY: Hungarians are open to digital technology
Hungarians using the Internet are the most open to applying digital solutions in the Central and Eastern European region – according to a study by EY, an international audit and...
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The deadline for paying the first installment of the Food Chain Supervision Fee expires on Wednesday
According to the notice of Nébih sent to MTI, in order to ensure smooth administration, it is important to include the taxpayer / identification number of the payer on the...
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KSH: unemployment fell to 3.3 percent in the second quarter
In April-June, the average number of unemployed was 155,000, and the unemployment rate was 3.3 percent, a new record after the 3.4 percent of a month before. The indicators of...
Read moreMore than 70 thousand packs of cigarettes were seized by NAV in Komárom-Esztergom County
More than 70,000 packs of cigarettes were seized by the investigators of the National Tax and Customs Administration (NAV) in Komárom-Esztergom County in two rented vans. The value of the...
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The economic climate in the euro area is at its lowest for three and a half years
Economic sentiment in the euro area fell to a three-and-a-half-year low in July, and the business climate indicator reached a six-year low, according to a report released on Tuesday by...
Read moreConsumer sentiment in Germany is at a two and a half year low,
GfK’s German consumer sentiment index for August decreased to a two-and-a-half-year low. According to a report released by GfK on Tuesday, the consumer sentiment index fell to 9.7 points in...
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Natural disasters caused less than average annual damage in the first half of the year
Natural disasters have caused less than average annual damage in the first half of the year – according to a survey released on Tuesday. The world’s largest reinsurer, the German...
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Motor fuels of the future and freight forwarding were in the centre of attention
On 30-31 May the drvingcamp centre was the venue of this year’s Innovation Days, where all the important players from the sector were present, courtesy of Shell Hungary Zrt., to...
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Magazine: Ecommerce Summit 2019: Online shopping is the future
Ecommerce Hungary has organised its annual two-day conference, which is now called Hungarian Ecommerce Summit, in Visegrád for the 16th time. Another new idea from the organisers was inviting experts...
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The price of melon has fallen
This year, the dometic watermelon season started around 10 -11 July at the chain of stores in Hungary. The season started with prices around 250-300 forints per kilogramme, but now...
Read moreThe winter wheat harvest is nearing its end
90 percent of winter wheat has already been harvested, yielding around 5.25 tonnes per hectare nationwide – the Minister of State of the Ministry of Agriculture said in Szeged-Szőreg on...
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Nébih is conducting a national food consumption survey
The National Food Chain Safety Authority (Nébih), is conducting a survey on Hungarian food consumption habits with the participation of about 2,700 people. The Authority is now waiting for further...
Read moreBeekeeping at ABB for data analysis
ABB’s Krakow-based Corporate Research Center holds bees in beehives on the roof of the building, not just to improve the city’s environmental condition, but also to test computer algorithms. Many...
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Analysts: it is hard to mobilize labor reserves
Remaining labor market reserves are now very difficult to mobilize, and unemployment can only be reduced very slowly – analysts told MTI commenting on the latest data released by the...
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KSH: employment continued to grow in the second quarter
The average number of employees in the April-June period was 4 million 511,000, u 36,000 more than a year before. The average number of employees also exceeded 4.5 million in...
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New calls for proposals in the Hungarian Village Program
The government is launching four new calls for proposals in the Hungarian Village program worth nine billion forints – the Commissioner responsible for the development of modern settlements announced at...
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(HU) Erősebb, büszkébb és színesebb – Megújul a Cinzano Vermouth
Last month, Gruppo Campari used the 260th anniversary of Cinzano to mark the start of a new era for the vermouth and sparkling wine brand. Lucy Britner was in Turin...
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Magazine: That ‘Hollywood smile’ isn’t only for the stars anymore!
Csilla Hódos, retail marketing manager of Colgate-Palmolive Kft. told Trade magazin that a premiumisation process is going on in every category of the oral care market. Orbico Hungary Kft.’s trade...
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Cheerful statistics, gloomy expectations
According to April-May data, the growth rate of the Hungarian economy started to slow down in the second quarter compared to the record high dynamism of the first quarter. However,...
Read moreHungary is a major exporter of sour cherries
One third of the world’s sour cherries are produced by the EU, with nearly 80 percent produced by Poland, Hungary and Germany – magro.hu reports. Hungary is the world’s largest...
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The Chamber of Agriculture should bring food production closer to the people
In the future, the industrial character of food production will be further strengthened, but at the same time it should be brought closer to the people. It is one of...
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The amount of food thrown away may increase in the coming years
According to a report by the Boston Consulting Group, the amount of food thrown away will increase by 1.9 percent worldwide by 2030 – piacesprofit.hu wrote. The problem in developed...
Read moreKATA and KIVA are becoming increasingly popular
The number of self-employed persons in Hungary is constantly increasing. More and more people are opting for tax treatment that is favorable at European level, and the number of KATA...
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