Market News
The establishment of the grape and wine research and development center in Eger is progressing according to the plans
According to the plans, the establishment of the center of excellence for grape and wine research and development is taking place in Eger. The first results of the research carried...
Read moreCoffee prices can jump because of Brazil
There is a significant price increase for coffee, according to nine traders and analysts interviewed by Reuters – qubit.hu wrote. By the end of the year, Arabica might be almost...
Read moreSlovenia withdrew 12 tonnes of infected Polish meat from the market
The Slovenian Food Safety Authority withdrew 12 tonnes of infected Polish beef from the market, which arrived to Slovenia in processed kebab form – the local press wrote on Wednesday...
Read moreSmartphone sales fell in the last quarter of last year in China
In China, the sales of smartphones decreased by 9.7 percent in the last quarter of last year. According to the US International Data Corporation (IDC) IT and telecom market research...
Read moreOne and a half million more US youngsters smoked e-cigarettes last year than a year before
One and a half million more American youngsters smoked e-cigarettes in 2018 than in the previous year. Almost 4.9 million US teenagers used e-cigarettes last year with – the Centers...
Read morePrices increased by 2.7 percent in January
In January this year, consumer prices were on average 2.7 percent higher than a year before, just like last December – the Central Statistical Office (KSH) announced on Tuesday. The...
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Bread will come from cloud, and the MI will tell you how much to buy
IBM researchers worldwide are working on solutions that will transform all stages of the food chain in the near future. They help farmers maximize yields, reduce waste, protect against pathogens....
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New Hungarian wine terms will soon be put under protected by EU law
Progress has been made on the protection of Hungarian wines in the EU, as the European Commission is addressing the issue of traditional Hungarian wine terms that have been submitted...
Read moreAccording to a research, Hungarian companies trust digitalisation more than the regional average
Hungarian companies trust digitalisation more than the regional average. 87 percent of the Hungarian companies see a clear growth opportunity in the use of innovative technologies, compared to the 83...
Read moreA record amount of toll was paid last year
Six percent more, a total of gross 315 billion HUF toll was paid to the National Road Payment Service Provider (NÚSZ) last year, and the company achieved a new revenue...
Read moreChinese shops earned a lot at the New Year
The turnover of retail and hospitality companies in China during the Chinese New Year holidays increased significantly, by 8.5 percent, to more than one billion yuan (148.3 billion USD) –...
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Economic Outlook 2019: Reaping the whirlwind
The eye of the cyclone A cyclone is brewing in the global economy. The US – with its erratic policy-making causing major shocks of uncertainty – is in the eye...
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Magazine: Winners of the 2018 HUNGAROPACK Hungarian Packaging Competition
The Hungarian Association of Packaging and Materials Handling (CSAOSZ) organised the first HUNGAROPACK Hungarian Packaging Competition in 1967. Competition winners tend to perform well on the international stage too: last...
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We should also pay attention to the environment in advertisements! – the ÖRT has prepared a guide
The Self-Regulatory Advertising Board (ÖRT) takes great care of prevention within self-regulation. Now ÖRT has prepared a guide. Now, the Self-Regulatory Advertising Board (ÖRT) has made recommendations in order to...
Read moreDeclining insect numbers may cause the collapse of the ecosystem
Insects are heading towards extinction. It could cause the collapse of the entire ecosystem – Index wrote the findings of a comprehensive study that was published in Guardian. According to...
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The NAK and the Design Terminal to launch an innovation competition
The National Agricultural Chamber (NAK) and the Design Terminal launches an innovation competition called “Manage smart! – NAK Agrotech Hackathon”. The National Agricultural Chamber (NAK) and the Design Terminal awaits...
Read moreAnalysts: foreign trade surplus may rise again from 2020
The worse outlook for the global market and the continued strong growth in consumer and investment demand in the domestic market will lead to a slight decrease in the foreign...
Read moreIfo’s global economic sentiment index dropped to a more than seven years nadir
In the first quarter of this year, the world economic sentiment index of the Munich-based ifo economic research institute fell to a more than seven years low. The ifo Institute...
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Nagy István: the Hungarian mangalica products conquer the world market
The Hungarian mangalica products conquered the world market from Singapore to Canada. They are present among others in Japan, the United States, Brazil, but also play a role in our...
Read moreMinistry of Agriculture has decided on more than 1,300 billion HUF so far in the Rural Development Program
More than 1,300 billion forints have been decided in the Rural Development Program so far, supporting 176,000 applications – the Ministry of Agriculture told MTI on Saturday. The ministry wrote...
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About one third of the Hungarians celebrate Valentine’s Day
Hungarian men spend an average of 14,063 forints on Valentine’s Day gifts, while women 12,763 forints – penzcentrum.hu quotes Picodi’s recent research. However, the survey also revealed that only 35...
Read moreKSH: Foreign trade balance surplus remained above six billion euros in 2018
The value of exports in euro increased by 4.3 percent in 2018, while imports increased by 6.9 percent, compared to the previous year. Foreign trade balance surplus became 6,041 billion...
Read moreTraining and knowledge transfer will be a central issue in the agricultural economy in the coming years
Feldman Zsolt Minister of State highlighted at the AgroFIELD Academy’s event that the government is giving priority to environmentally friendly precision farming. The basis for the digital agri- cultural strategy...
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Fishing contributes to the Hungarian GDP with hundred billion forints
Fishing as recreational activity, combined with the use of ancillary services, contributes to the gross domestic product (GDP) with a total of 100 billion HUF Nagy István, Minister of Agriculture...
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With proper nutrition, the effects of climate change can also be mitigated
With proper nutrition, the effects of climate change can also be mitigated, as the ecological footprint of plant and vegetable production is much smaller than that of animal husbandry Antal...
Read moreMore and more people worry about the sharp slowdown in world economic growth
According to the latest survey, the global business and institutional investment community continues to consider commercial wars as the biggest global economic risk, and more and more people are anticipating...
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EU forecast: moderate growth is expected in the European economy
According to the European Commission’s (EC) Winter Economic Forecast, the European economy will continue to grow in 2019, as expected in the last seven years, and performance is expected to...
Read moreThe mood of German consumers has not changed
Instead of the expected slight deterioration, GfK’s consumer mood index in Germany remained stable in June. The consumer sentiment mood of the Nuremberg-based Institute for Economic Research was 10.7 points...
Read moreThe European Commission has improved its growth forecast for Hungary
The European Commission has improved its forecast for the growth of Hungarian gross domestic product (GDP), expecting 3.4 percent growth for this year, compared to the 3.2 percent previous expectations....
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