Market News
US consumer spendings increased
Consumers’ expenditure in the United States increased steadily in August as a sign of strong economic growth, while annual consumer price indices excluding consumer and non-food prices had reached 2...
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The cooking oil recollecting system is tested in Kaposvár
In Hungary, so far, the collection, placement and processing of household used baking oil and grease has not been efficiently solved, but thanks to a collection system developed by the...
Read moreUS consumers are confident
The US consumer mood index has improved in June, according to Michigan University’s regular monthly survey, whose preliminary results were published on Friday. The consumer mood index increased to 99.3...
Read moreThis year 5 percent less grain was produced
This year, 6.9 million tons of grain was produced on a 1.3 percent more area, compared to the previous year, which is a 5.0 percent decline. The volatile weather had...
Read moreOpten: the number of wineries has decreased, but revenue grew
Over the past three years, the number of Hungarian wine-making companies has been steadily decreasing, while the sector’s revenue grew year by year, according to Opten’s company information service. According...
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The Agricultural Chambers of the V4 have signed a cooperation agreement in Indianapolis
A cooperation agreement has been signed to expand economic, trade and scientific relations, and to promote them, by the representatives of the agrarian chambers of the Visegrád countries with the...
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The Scitec Institute opened its doors
With the Library and Information Center of the Hungarian Academy of Sciences (MTA KIK), the Scitec Institute for Sport Performance started its operation within a strategic cooperation in Budapest. The...
Read moreNine thousand packs of smuggled cigarettes were found in an abandoned car on the Hungarian-Ukrainian green border
Nine thousand packs of smuggled cigarettes worth more than 12 million forints were found in an abandoned car by the financiers of the National Tax and Customs Administration (NAV) at...
Read moreThe confidence of French consumers dropped to two and a half years nadir
Instead of the expected stagnation, the consumer confidence index in France has risen to the lowest level in September for more than two years, according to the National Statistical Office....
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GDPR related challenges and opportunities related
The EU’s General Data Protection Regulation (GDPR) entered into force as of 24 March 2016, and after two years of preparations it is directly applicable as of 25 May 2018...
Read moreThe sales of tobacco products jumped in the summer
The strengthening of tourism, the period of the festival season and the holiday season jointly contributed to the fact that the population spent more than one hundred and eighty billion...
Read moreAutumn wheat was tested at ten sites
A total of 46 autumn wheat varieties were tested by experts within the post-registration breeding experiment organized by the Seed Alliance Interprofessional Organization and Product Council, and the National Association...
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Today’s employees require individual assessment and treatment
Companies can forget about their employment models used in the last century, which were operable in a predictable labor market environment. Indeed, today, merit-based assessment and motivation based individual skills...
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Fifth of Austria’s raw milk is organic milk already
Austrian dairies are hardly keep up with the increasing production, the tanks are full especially with organic raw materials. 19 percent of the raw milk delivered in Austria is already...
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The Mediterranean Diet can also help prevent depression
The Mediterranean diet can also help prevent depression, according to a new study reported by the BBC news portal. The authors of the study published in the current issue of...
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The champagne for teas is produced on the Khangchendzonga
The Khangchendzonga Peak can be found at the Indian part of the Himalayas, where a rare and precious emerald green tea is produced, which is also referred to as the...
Read moreConsumer confidence continued to increase in the US in September
Consumers confidence in the United States continued to strengthen, the Conference Board index rose to a 18-year high in September. The Conference Board Non-Profit Organization announced on Tuesday that the...
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Many innovations want to make consumers healthier
Consumers know very well that what they eat affects their health, mood and condition. Hungarian consumers are becoming more and more interested in eating healthy products. According to Tibor Tolcsvai,...
Read moreThe harvest of maize stopped due to bad weather
The harvest of maize stopped temporarily due to the rainfall and storm in several regions, however, the amount harvested so far has a good quality and the yield is encouraging...
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The dry spring was bad for oil seeds
The production of all oil seeds decreased this year, but especially rape suffered during the dry spring – agrarszektor.hu wrote. This is a problem because, as a whole, it is...
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In August, the number of jobseekers decreased by 6.7 percent
The number of registered jobseekers decreased by 6.7 percent in Hungary over a year, according to the National Employment Service (NFSZ). On the closing day of August, there were 251,300...
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It is not a simple task to remove the nylon bags
Biodegradable plastic bags can replace the disposable bags in supermarkets, and the state is planning a lot of tightenings in this area. However, to reduce the amount of plastic waste,...
Read moreThe Chinese-US customs war affects almost the whole world economy
The war between China and the United States of America affects almost the entire world economy – Szabó Dávid József, research director at Századvég Alapítvány told M1 news channel. He...
Read moreBelgium would cut thousands of pigs to prevent the outbreak
Belgium would cut about four thousand pigs to prevent the spread of African swine fever. ASF was detected in a total of nine wild boars – the La Libre Belgique...
Read moreThe most common herbicide can be responsible for the destruction of bees
The most common herbicide, the glyphosate can be Indirectly responsible for the destruction of bees – according to a US study. A study by the University of Texas at Austin...
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European retail sales expected to grow by 2.1 percent in 2018
According to a forecast by GfK, retail sales will increase by 2.1 percent in the 28 member states of the European Union this year. GfK’s ‘European Retail in 2018’ study...
Read moreA significant food price increase may come
Despite the VAT cuts, a price increase of more than 10 percent is likely to occur in food prices – penzcentrum.hu wrote. The rise is due to the rise in...
Read moreThe Hungarian milk export prices are great
Producers are happy to have a good price for milk, especially in the foreign markets – agrarszektor.hu wrote. According to the Central Statistical Office, in Hungary, the average producer price...
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EC: there is a danger that Hungary will not achieve the 50 percent waste recycling by 2020
In the 14 EU Member States, including Hungary, there is a risk that the 50 percent waste recycling rate will not be achieved by 2020 for household waste – the...
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Record American soybean yield decreased soybean prices
The price for soybeans dropped to 8.14 USD at the Chicago stock exchange, which is an almost ten year negative record – Világgazdaság Online wrote. The price peaked in August...
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