Market News

E-trade is being developed on the basis of mobile phone data

Since the beginning of the year, the most innovative marketing and research company in Poland, Selectivv, has been present in Hungary. ű A recent research by the company can reform...

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German retail sales became better than expected

Instead of the decline expected by analysts, the German retail sales increased in November in a year-on-year comparision. On Monday, the German Federal Statistical Office (Destatis) reported its preliminary data:...

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The pace of consumer price increases slowed down in the euro area

The rate of rise in consumer prices in the euro area decelerated to an 8 month low in December, according to a flash estimate of the European Union’s Statistical Office...

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London analysts do not expect recession

According to London financial analysts, despite the global growth indicators, the increasing risks and recent stock market losses, they do not expect that the global economy will be in recession...

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The rate of increase in wholesale prices slowed down in Austria

The rate of increase in wholesale prices slowed down at the end of the year in Austria, according to a report published by Statistik Austria on Monday. In December, wholesale...

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FAO: Agricultural output growth to keep food prices low over the coming decade, but many uncertainties are ahead

Global demand for agricultural products is projected to grow by 15 percent over the coming decade, while agricultural productivity growth is expected to increase slightly faster, causing inflation-adjusted prices of...

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Magazine: Which trade fair to choose in 2019?

Szilvia Máté, managing director of BD-Expo Kft. recommends the EuroCIS, ProWein and HOFEX trade exhibitions to Hungarian companies. She told that trade shows have remained important in sales, but both...

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The VAT on ESL and UHT milk is reduced

From January 1, the sales tax on ESL (longer-lasting) and UHT (ultrapast-pasteurized) milk decreased from 18 percent to 5 percent, according to the approved legislation – the Ministry of Agriculture...

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PM: neta increased by 20 percent

The general public health tax (neta) increased by 20 percent from 1 January , while taxable drinks include fruit spirits, pálinka and herbal drinks are among the range of taxable...

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Sticker to protect the fruit from rotting

Food waste is a huge problem all around the world, and some estimates suggest that 52 percent of crops arot before it reaches consumers at all. A malaysian company, however,...

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Retail sales continue to thrive

Retail sales in October increased by 6.4 percent. Calendar effect adjusted increased by 5.5 percent, compared to the previous year, according to a second estimate of the Central Statistical Office...

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Nielsen: domestic retail turnover is stable

Retail performance is stable all across Europe: the steady consumer confidence and low inflation have also contributed to the 3.7 percent growth of the third quarter of 2018. Compared to...

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We intend to spend four thousand forints more on Christmas gifts

In 2018 Hungarians will spend more, on average of 56 thousand forints on Christmas gifts, compared to last year. We buy gifts for seven people per head and spend on...

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Job festival ticket under the Christmas tree. The time of useful gifts has come!

With Christmas approaching, every parent is looking for the perfect gift for their child, even ifthe kid has actually grown up. Instead of a newer smartphone, it is possible to...

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Two-thirds of customers have been involved in quality problems

According to Vatera’s recent survey, positive experiences of the past and evaluations on the sellers and shops boost customer confidence the most: • During the traditional and online shopping, two-thirds...

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The Századvég has upgraded the growth expectations for this year and for the next year

The Századvég Gazdaságkutató Zrt. has upgraded its growth forecasts for 2018 and 2019. For 2018 instead of the previous 4.4 percent, 4.6 percent is forecasted, while for 2019, 3.9 percent...

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We even offer courses for Christmas

While in Hungary still books, toys, fragrances, electronic products, and clothing are the main gifts, more and more people surprise their loved ones with gifts that can help in self-development...

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German business sentiment on a two-year low

In December, the German sentiment index of the Munich-based ifo Institute for Economic Research declined to a much lower than expected level, to the lowest of the past two years....

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NAV liquidated a luxury store disguised as a storehouse in Baranya

The National Tax and Customs Office (NAV) liquidated a luxury store disguised as a storehouse in Baranya – the press officer of the South Transdanubian Regional Criminal Directorate told MTI...

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Eat more vegetables and fruits!

On average, only 262 grams of vegetables and fruits per day are consumed by a Hungarian, including families with small children. With this amount, we are the last in the...

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What we buy from Chinese webshops

Chinese top mobile, robot dust extractor, soundbar and earphones – these are the hits of this year’s Christmas for Hungarians buying from Chinese webshops – Világgazdaság Online wrote. According to...

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The MNB will issue new 500-forint banknotes from 1 February

One can pay with the old version of the banknotes until 31 October 2019 – the Hungarian National Bank (MNB) told MTI on Monday. They also noted that with the...

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There will be lots of toys under the tree

This year at Christmas, Hungarian children can expect 2-3 different toys and games, the majority of the parents to spend more than 10,000 HUF – according to the research of...

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Minister of Agriculture: Hungary request greater share of EU research and development resources

Hungary calls for greater share of CEE funding from EU research and development sources – Nagy István, Minister of Agriculture said in Brussels on Monday, after the EU Agriculture and...

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The NAIK issued an agricultural storybook

The National Agricultural Research and Innovation Center (NAIK) has launched an agrarian storybook to promote the agricultural profession and the agrarian lifestyle – Gyuricza Csaba, director of the center told...

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The gap between the wealthiest and the poorest EU member states declined but remains huge

Although last year, as in previous years, the gap between the richest and poorest countries in the European Union, Luxembourg and Bulgaria has became somewhat smaller, but there is still...

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Inflation decreased in the euro area

In November inflation declined more than expected in the euro area, according to the final figures of Eurostat, published on Monday. In November, inflation declined to its six months low...

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Magazine: Food industry in the spotlight

In the autumn of 2016 the Hungarian Chamber of Agriculture (NAK) started the Food Industry Panorama programme series: food processing companies can listen to presentations to learn about the latest...

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(HU) GKI Gazdaságkutató Zrt. részletes előrejelzése 2018-19-re

Sorry, this entry is only available in HU....

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Agricultural producer prices increased by more than 5 percent in October

In October, agricultural producer prices increased by 5.1 percent, compared to a year before, following a 6.2 percent rise in the previous month. The price of plant products increased by...

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