Market News
GKI: Tsunami of government programmes
Date: 2019-03-04 02:55:07
The Hungarian economy grew by 4.9 per cent in 2018, and it was probably the second fastest growth rate in the EU after Poland. In the past decades, faster growth...
Read more
A colourful and exciting year is waiting for OREO!
Date: 2019-03-01 12:13:37
OREO cookies were introduced in the USA in 1912, but in the last more than 100 years the product conquered the world to become the No.1 biscuit brand in the...
Read more
The Hungarian economy grew by five percent last year
Date: 2019-03-01 11:50:02
In the fourth quarter of last year, gross domestic product (GDP) increased by 5.1 percent, compared to the same period of the previous year. According to the seasonal and calendar...
Read more
Magosz and NAK to start a signature collection for the preservation of EU funds
Date: 2019-03-01 11:27:43
The Association of Hungarian Farmers and Farmers’ Cooperatives (Magosz) and the National Chamber of Agricultural Economics (NAC) to start a signature collection in order to prefent EU agricultural resources from...
Read more
Twenty-one wines were selected for this year’s Ministry of Foreign Affairs’s wine selection
Date: 2019-03-01 11:20:11
Twenty-one Hungarian wines were selected for the wine selection of the Ministry of Foreign Affairs (KKM), and the wine packages that illustrate the characteristics of the Hungarian production sites will...
Read more
Companies that raise customer service levels can increase their sales by up to 20-30 percent
Date: 2019-03-01 11:18:26
ClientFirst Consulting, which tests more than 1,500 stores and customer service points and evaluates 6,500 customer reviews, has announced this year’s Excellence in Customer Service Awards. The performance of Hungarian...
Read more
The price of coffee can fly from the bottom to the top
Date: 2019-03-01 11:10:54
In recent years, the world market price of coffee fell to a ten-year low, but according to the Equilor Investment Co. Ltd., this trend may soon be reversed – origo...
Read more
A professional draft of the development strategy for digital services in Hungary has been completed
Date: 2019-03-01 11:08:08
A professional draft for the development strategy for digital services in Hungary has been prepared, which aims to create a predictable, stable and supportive regulatory environment for domestic businesses, and...
Read more
The University of Szeged started a research to reduce the risk of swine embryo deaths
Date: 2019-03-01 11:07:22
The University of Szeged launched a research to reduce the risk of swine embryo deaths with the partners of the University of Szeged, with theUBM Feed Kft. and the ADEXGO...
Read more
The German retail trade started the year with a two and a quarter year record
Date: 2019-03-01 11:04:54
German retail sales in January this year have not increased in such an extent since January 2016. The German Federal Statistical Office, Destatis announced on Friday that German retail sales...
Read more
Magazine: Who is growing faster?
Date: 2019-03-01 07:43:06
According to a study about FMCG retailers’ cooperatives published on the LZ Retailystic website of German trade magazine Lebensmittel Zeitung, expectation is that the market share of cooperatives will decrease...
Read more
KSH: investments grew by 17 percent last year
Date: 2019-02-28 11:50:42
Last year, the volume of national economy investments increased by 17 percent to the highest level measured so far, and the fourth quarter also saw a 17 percent increase compared...
Read more
Advertising Cake 2018: Trust in print is still strong
Date: 2019-02-28 11:32:18
The 2018 advertising cake was presented on 27 February 2019 at a press conference organized by professional organizations, where Kovács Tibor, president of the MLE, presented the results of the...
Read more
MFB and the Chamber of Agriculture have entered into a cooperation agreement
Date: 2019-02-28 11:28:41
The Hungarian Development Bank (MFB) and the National Chamber of Agrarian Economy (NAK) have entered into a cooperation agreement, with the two institutions developing financing products and services for the...
Read more
Television advertising revenues are over sixty billion forints
Date: 2019-02-28 11:27:18
The amount of domestic television advertising revenues exceeded 60 billion HUF last year – according to the analysis of the Association of Hungarian Electronic Broadcasters (MEME) and EY. The advertising...
Read more
European Commission: Hungary has reached the peak of growth
Date: 2019-02-28 11:15:54
Hungary is approaching the peak of a cyclical growth period, according to an analysis published in the European Winter Package of the European Semester, in which the European Commission considers...
Read more
The e-commerce rate in Hungary is the same as the EU average
Date: 2019-02-28 11:15:01
More than 6 percent of the trade is carried out on the web in Hungary – origo wrote on Thursday after Népszava. Based on the data provided by the European...
Read more
The KSH launches an annual survey of household living conditions
Date: 2019-02-28 11:08:48
The Central Statistical Office (KSH) measures household budget and living conditions in about 10,000 households between 1 March and 10 May. According to the communication of KSH sent to MTI...
Read more
The Hungarian village program has started
Date: 2019-02-28 11:05:56
The Hungarian Village Program has been launched on Wednesday with two applications for the use of public spaces – Magyar Nemzet Online wrote. Gyopáros Alpár, government commissioner responsible for the...
Read more
The European economy will grow this year
Date: 2019-02-28 11:01:00
The European economy is expected to grow for the seventh consecutive year in 2019, but appropriate and decisive political action is needed to promote investment and to help implement responsible...
Read more
More and more robots are used in the American economy
Date: 2019-02-28 11:00:39
American companies installed more than ever robots last year. Robots are becoming cheaper and more versatile, making them available to smaller companies and starting to expand beyond the automotive industry...
Read more
Nielsen: Half of the Hungarians are already buying premium products online
Date: 2019-02-27 11:55:38
Nearly half of the Hungarians are already buying the desired premium product online, thus approaching the 61 percent European and 69 percent world average. In fact, 15 percent of them...
Read more
Hungarians are willing to pay more for domestic branded product, according to a survey
Date: 2019-02-27 11:45:21
85.9 percent of the Hungarians choose the domestic one out of two similar products with the same price. 52.7 percent are willing to pay 10 percent higher price for the...
Read more
The amount of advertising spending approached 260 billion forints last year
Date: 2019-02-27 11:40:23
The total Hungarian advertising spending reached 259.69 billion HUF last year, which is an annual increase of 7.7 percent – the president of the Hungarian Advertising Association said at a...
Read more
The amount of cash in circulation is on top in Hungary
Date: 2019-02-27 11:35:16
Although cash in circulation increased to 6,117 billion HUF in Hungary, and 74 percent of daily purchases are still carried out with cash, more and more innovative payment solutions are...
Read more
KSH: the number of employees continued to increase
Date: 2019-02-27 11:12:57
Between November 2018 and January 2019, the average number of employees was 4 million 481 thousand, 45 thousand more than a year before. The employment rate of 15-64 year-olds increased...
Read more
MKIK: business confidence fell slightly in the fourth quarter of last year
Date: 2019-02-27 11:11:22
According to the survey of the Hungarian Chamber of Commerce and Industry (MKIK GVI), on the basis of the January data, the economic performance of the fourth quarter of 2018...
Read more
The economic climate deteriorated in the EU in February
Date: 2019-02-27 11:05:34
Economic sentiment worsened in February both in the euro area and throughout the European Union. According to a report from the European Union’s Directorate-General for Economic and Financial Affairs (EcFin)...
Read more
Eurobarometer: Hungarians are more positive towards the European Union than the average
Date: 2019-02-27 11:01:21
Hungarians are more positive towards the European Union than the average. The number of those, who see the EU positive is more than twice as those who have a negative...
Read more
Magazine: Economic Year Starter 2019: Risks, a new era and SMEs
Date: 2019-02-27 07:51:01
At the end of January the ‘Economic Year Starter 2019 – The Limits of the Booming Economy’ conference was held in Budapest. Péter Banai, state secretary at the Ministry of...
Read more