Market News
GKI: Business expectations deteriorated slightly, while consumer expectations improved in February
Date: 2019-02-25 02:37:41
Although the GKI economic sentiment index was rising constantly in the last quarter of 2018, it declined during the first two months of 2019. Of business expectations only expectations of...
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The European Commission raises the maximum amount of national support for farmers to 25,000 euros
Date: 2019-02-22 11:20:56
The European Commission is raising the current ceiling for national support to farmers from 15,000 to 25,000 euros. According to a Brussels panel’s announcement published on Friday, the new EU...
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NAK organizes a series of food hygiene and safety events
Date: 2019-02-22 11:13:51
The Food Industry Directorate of the National Chamber of Agrarian Economics (NAK) holds a “Food Hygiene and Safety for Small and Medium-sized Enterprises” event at three venues in the context...
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Average earnings could rise by 9 percent this year
Date: 2019-02-22 11:10:54
As a result of the wage agreement concluded last December, according to which the minimum wage and the guaranteed minimum wage increased by 8 percent from January 1, 2019, the...
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Business sentiment in Germany is on a four-year low
Date: 2019-02-22 11:04:44
In February, the business sentiment in Germany was worse than expected, decreased to a more than four-year low – according to a survey conducted by the Munich-based ifo economic research...
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Brexit without agreement may bring steep rise in prices and a lack of food
Date: 2019-02-22 11:01:46
Due to food shortages and sudden high tariffs, there would be a risk of steep price increases if the UK would leave the European Union without agreement during the Brexit...
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Air freight traffic slightly increased in 2018
Date: 2019-02-22 11:00:00
To a lesser extent than in the previous year, air traffic increased by only 3.5 percent in 2018, according to the data of the International Air Transport Association (IATA). According...
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(HU) 38 ezer fővel kevesebb a foglalkoztatottak száma a boltokban
Date: 2019-02-22 10:42:43
Sorry, this entry is only available in HU....
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KSH: retail sales increased by six percent in 2018
Date: 2019-02-21 11:50:57
Retail trade turnover in December last year was 3.7 percent higher than a year ago, according to the raw data. Calendar day effect adjusted the growth was 4.1 percent. In...
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The average earnings increased by more than 11 percent last year
Date: 2019-02-21 11:35:58
In December last year, the average gross earnings were 360,000 HUF, 10.2 percent more than a year before. In January-December 2018, gross average earnings were 329,900 HUF, and net average...
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Eurostat: Fruits are grown on nearly 36.3 thousand hectares in Hungary
Date: 2019-02-21 11:31:54
In Hungary, fruit was produced on 36.3 thousand hectares in 2017. In the European Union (EU) fruit trees covered nearly 1.3 million hectares of land, two thirds of which were...
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Nielsen: consumer spendings increased
Date: 2019-02-21 11:28:35
Nearly half of the Hungarians (46 percent) believe they are wealthier than five years ago. The European average is 37 percent. Globally, 58 consumers out of one hundred are more...
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Bakery products can become more expensive
Date: 2019-02-21 11:26:20
We can expect a further increase in the price of bakery products this year – rtl.hu reported. According to a fresh report of the Central Statistical Office (KSH), wheat is...
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EOS: about 8 percent of Hungarian companies’ revenue is from the collection of late debts
Date: 2019-02-21 11:07:48
Last year, about 8 percent of companies’ revenues came from the collection of late debts. It is an increase of 2 percentage points, compared to 2017. According to EOS Group’s...
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The German government would reduce the amount of food thrown out by 50 percent
Date: 2019-02-21 11:06:00
The German government has adopted a strategy to reduce food waste by 50 percent on Wednesday. The 11 million tons a year to be cut by 2030 by 50 percent....
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The inspection of beef from Poland was tightened in the Czech Republic
Date: 2019-02-21 11:02:02
The Czech Republic tightened the inspection of beef imported from Poland on Wednesday with immediate effect. Miroslav Toman, Minister of Agriculture at an extraordinary press conference in Prague, announced that...
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The sales of smartphones have stopped worldwide
Date: 2019-02-21 10:59:39
In the fourth quarter of last year, the rise in the sales of smartphones in the world market has stopped. In the fourth quarter of last year, global smartphone sales...
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The volume of plant production and livestock production increased
Date: 2019-02-20 11:40:11
Hungary was among the best performing EU countries on the basis of the real income of production factors per labor unit – Világgazdaság Online wrote on the basis of the...
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Nagy István: 2019 will be the year of construction in agriculture
Date: 2019-02-20 11:39:42
Mezőhegyes is exemplary from the point of view of the history and future of Hungarian agriculture, Nagy István, Minister of Agriculture said on Tuesday at a press conference held in...
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The construction of a producer market and cold stores was started in Letenye
Date: 2019-02-20 11:23:55
The construction of a covered producer market and a cold store was started in Letenye, with an investment of nearly 236 million HUF – the city council informed MTI. According...
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The rule of advertising for nutritional supplements is changing
Date: 2019-02-20 11:14:20
The law on specialty medical products will come into force on 22 February – according to which advertising must not contain any health claim. The ÖRT draws attention that the...
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Nébih’s Complex Educational Program is successful
Date: 2019-02-20 11:03:41
The Complex Educational Program of the National Food Chain Safety Office (Nébih) is successful. The program seeks to expand food safety knowledge among preschoolers, primary school students and college students...
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Laboratory meat, such as cattle breeding, can cause more damage to the environment in the long run
Date: 2019-02-20 11:02:01
Meat products that grow in the laboratory over the long term may contribute to global warming more than some ways of cattle farming – researchers of the University of Oxford...
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ITM: 1,200 schools are expected to attend in the Money7 Week
Date: 2019-02-20 11:01:13
This year, 1,200 schools are expected to attend with hundreds of thousands of students in the Money7 theme week, trying to make young people aware of the world of money...
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Rents continue to grow on the retail real estate market in Budapest
Date: 2019-02-19 11:35:39
The retail real estate market has a positive outlook, the growth of consumption and the increase in the number of tourists in Budapest help the development of the sector, especially...
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Opten: The number of animal health businesses has increased
Date: 2019-02-19 11:20:55
More and more companies are providing veterinary services, while in 2015, 866 businesses were providers of veterinary care, last year their number reached 881 – according to Opten company information...
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ITM: climate financing helps the foreign market access of the Hungarian companies
Date: 2019-02-19 11:10:50
The Ministry of Innovation and Technology (ITM) provides unique support to innovative Hungarian businesses in the environmental sector. The purpose of the non-refundable grant is to reduce the adverse effects...
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Two thirds of the distillers are not used by private cookers
Date: 2019-02-19 11:07:29
Only one third of the reported distillers are used by private pálinka makers – the National Tax and Customs Administration (NAV) told according to last year’s figures – the Pálinka...
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The new program of the MNB calls for environmentally conscious banking
Date: 2019-02-19 11:05:34
The Green Program of the Hungarian National Bank (MNB) encourages environmentally conscious “Banking” – Binder István, MNB’s spokesman told M1 news channel on Tuesday. He added that the MNB would...
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British food exports to the EU cannot be guaranteed without agreement
Date: 2019-02-19 11:01:46
In case of a Brexit without agreement, there would be no full guarantee that Britain could continue to export food to the markets of the European Union – the head...
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