Market News
Commitment 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...
Read moreMore than one million HUF worth cut tobacco was seized at Csengersima
More than one million forints cut tobacco was found in a car at the road border crossing point at Csengersima – the Szabolcs-Szatmár-Bereg County Police Headquarters announced on Thursday on...
Read moreITM: the forthcoming EU transport regulation puts European companies at a competitive disadvantage
The leaders of the Bulgarian, Polish, Lithuanian and Hungarian ministries unanimously invited the representatives of the European Commission and the European Parliament to Brussels that all EU transport companies are...
Read moreInflation was 2.1 percent in the Czech Republic last year
Inflation in the Czech Republic was 2.1 percent year-on-year – the Czech Statistical Office published on Thursday. It has been the third highest Czech inflation in the past ten years....
Read moreDigitalization is driving the German economy
In Germany, one of the engines of job creation is the digitization of the economy – according to Bitkom’s forecast published on Thursday – portfolio.hu wrote. The IT, telecommunications and...
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Magazine: Online retail is booming all over the world
According to the Nielsen report ‘Future Opportunities in FMCG E-commerce’, global online retail sales are growing four times faster than offline retail sales, and they will expand by 18.4 percent...
Read moreRetail sales continue to grow in January, according to GKI
In January this year, retail sales growth is expected to increase to 5.4 percent and in the first half of 2019 an increase of 4.5 percent is expected on average...
Read moreKSH: export surplus continued to decrease
In November last year, the value of exports in euro increased by 4.7 percent and imports by 7.3 percent, compared to the previous year. The foreign trade surplus fell by...
Read moreKavosz: it is important not to lose EU funds after 2021
It is important for the Hungarian entrepreneurial community not to lose EU development funds in the 2021-2027 period – Krisán László, CEO of Kavosz Zrt. told M1 news channel on...
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Analysts: foreign trade surplus may decline further
The dynamic growth of domestic consumption and investment continues to exert a significant suction power on imports, while the uncertainty of external market activity risks jeopardizing export growth prospects, and...
Read moreThe World Bank is indicating a slowdown in world economic growth
Compared to the downward revision of GDP growth last year, the World Bank indicates a further slowdown in world economic growth in its latest forecast, referring to the decline in...
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The Agricultural Chamber prepares a uniform guide to game damage assessment
The National Chamber of Agricultural Economics (NAK) prepares a uniform guide to damage assessment – the Chamber of Agriculture told MTI on Wednesday. The main aim of the guide, which...
Read moreThe formulation of concrete measures for sustainability is not easy
According to PwC’s study, nearly three-quarters of the organizations (72%) mention sustainable development goals in their annual corporate or sustainability report, which represents a 10% increase over last year –...
Read moreChinese are spending less and less on luxury items
Chinese customers are buying fewer and fewer smartphones, the sales of their expensive watches and handbags can also decline in the future – origo wrote. The fact that Apple announced...
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