Market News
ITM Minister of State: consumer protection keeps the safety of families and the protection of fair businesses in mind
As in recent years, consumer safety and the protection of fair businesses remain in the focus of consumer protection in 2019 – Kara Ákos, Minister of State of the Ministry...
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The net financial wealth per GDP increased ther most in Hungary within the V4
According to a recent analysis by the Századvég Gazdaságkutató Zrt., the net financial wealth of households in GDP has increased the most in Hungary, compared to other Visegrád countries since...
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Euro area’s foreign trade surplus decreased
In November, the euro area foreign trade surplus decreased and the foreign trade surplus of the European Union became deficit after the previous year’s surplus. The European Union’s Statistical Office,...
Read moreThe Russian post office is already selling beer
The Russian Post Office started to distribute beer in 3200 offices – the press service of Pocsta Rosszii told RNA news agency on Tuesday. In the autumn, the Russian Post...
Read moreProducer prices increased further
In November last year, agricultural producer prices increased by 4.4 percent compared to a year before. The price of plant products increased by 9.1 percent, while the price of live...
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With the collaboration of the Chamber of Agriculture, the Hungarian onion sector can become more stable
With the collaboration, the Hungarian onion industry – that had a great year last year – could become more stable, but to compensate market fluctuations, storage capacities should be increased...
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We are getting less and less variable-interest loans
People are getting less and less variable interest loans. The proportion of fixed interest rate safe loans increased in 2018 – Trencsán Erika, expert of BankRácio.hu told M1 news channel....
Read moreNébih: African swine fever virus was identified in another area in Borsod
The Laboratory of the National Food Chain Safety Agency (Nébih) detected African Swine Fever (ASF) in the corpse of a wild boar found on the outskirts of the village of...
Read moreCompetitive estates are needed
The development of technology and precision procedures in agriculture require competitive economies to be established – Jakab István, president of the Hungarian Farmers Association told M1 news channel on Monday....
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Nébih withdrew baby food out of circulation
Because of foreign material resembling plastic, the National Food Chain Safety Agency withdrew some of the items of the OVKO-branded baby dessert without added apple – the National Food Chain...
Read moreThe Budapest Airport received carbon neutral rating again
Budapest’s Liszt Ferenc International Airport acquired the carbon neutral rating again, while the operator, the Budapest Airport announced another 10 percent reduction in CO2 emissions. According to the company’s announcement...
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Randstad: impact of a multi-generational workforce
Talking about the various generations in the workforce, 86% of the global respondents prefer working in a multi-generational team, according to the latest Randstad Workmonitor. 85% declare themselves as working...
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Magazine: Hypermarkets and drugstores in an expanding market
At the Business Days conference Péter Kurucz, retailer services director of Nielsen gave a presentation about drugstores and hypermarkets. The director revealed that Hungarians had more money to spend and...
Read moreCommitment to remove dangerous products faster
Four major online marketplaces, Alibaba, Amazon, Ebay and Rakuten-France signed an agreement on Monday to remove the dangerous products – the European Commission announced. According to the information, the giant...
Read moreFAO: Why we need bees for a nutritious future
Disappearing pollinators can mean losing some of the nutritious food we need for a healthy diet It’s early May in one of Spain’s most prolific honey-producing region, and Julio Solana...
Read moreThe confidence of SMEs has decreased
The confidence index, reflecting the expectations of companies has fallen by two points, so it is standing on five points – the K&H survey reveals – Világgazdaság Online wrote. The...
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Hungarian Bioculture Association: organic farming and bio fuel production are in sharp contrast
Recently, we have read articles in several places that organic farming is more damaging to the climate than intensive conventional farming. This was published on the basis of a misinterpretation...
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The amount of cash in circulation has increased in Hungary
In recent years, the amount of cash in circulation in Hungary has increased – Németh Dávid, analyst of K&H told M1 news channel. According to the analyst, although cash is...
Read moreMoody’s: Central and Eastern Europe starts 2019 in a stable credit situation
The EU economies of Central and Eastern Europe start 2019 in a stable credit situation, but they also have to consider that the external environment will be less favorable this...
Read moreNAK: the amendment of the Land Traffic Act increases the competitiveness of agriculture
The amendment to the Land Traffic Act, which came into force on Friday, reinforces the role of farmers living locally, contributes to increasing the competitiveness of agriculture and reducing abuse,...
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Greenhouse production extends
It is natural that we can consume fresh leafy vegetables or tomatoes during the winter season – Világgazdaság Online wrote. What makes this possible – besides the global nature of...
Read moreRetail sales in the Czech Republic increased by 6.1 percent in November
In November last year, the growth rate of the retail turnover in the Czech Republic dropped to 6.1 percent year-on-year, from the 6.4 percent in October – the Czech Statistical...
Read moreInflation was in line with expectations in the US in December
Analysts expect consumer prices to rise in the United States in December: the US Department of Labor’s statistical office said on Friday that inflation was 1.9 percent year-on-year. Analysts also...
Read moreTons of false Legos were seized by financial officers
The financial officers seized and destroyed about four tons, more than 1.3 million counterfeit Legos at the Liszt Ferenc International Airport in Budapest – the National Tax and Customs Office...
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Gartner Market Researcher: the sales of PCs decreased in the fourth quarter of last year worldwide
In the last quarter of last year, the sales of PCs decreased by 4.3 percent to 68.6 million worldwide. According to data from the US Gartner IT Market Research Company’s...
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Magazine: Packaging going greener
According to Levente Szabó, sales and marketing director of DS Smith Packaging Hungary, the region’s economic upturn has created growth opportunities in the packaging industry. Packaging materials are changing, due...
Read moreEconomists say that Hungarians are more optimistic
Hungary’s economic sentiment index is the highest in the EU, and the economic optimism of people has grown significantly in the country – Regős Gábor, economist of Századvég told M1...
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Winter food chain control ended with more than 8 million forints fines
The National Food Chain Safety Agency (Nébih) imposed more than 8 million forints fines during the agency’s and the county government offices’ winter food chain control, but the vast majority...
Read moreNAK: the new water management regulations reduces the burden on farmers
The new water regulation, which raised the validity of the water management operating license for irrigation from the previous 5 years to 20 years, reduces the administrative and cost burden...
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