Market News

Euro area’s unemployment rate is on a ten-year low

Ten years ago, the lowest unemployment rate in the euro area declined in November on the basis of the European Union’s statistical office – according to the report of Eurostat...

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FAO: Food Price Index declines in November

Globally traded food commodity prices declined in November, led by marked drops for palm oil and other vegetable oils, the Food and Agriculture of the United Nations said today. The...

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Magazine: Consumer values and trends appearing in eating habits

There are innumerable innovations launched, but the majority of these aren’t successful, e.g. in the FMCG market more than half of the new innovations fail. There are many reasons for...

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Milk prices can rise in the second half of the year

In the first days of January, UHT and ESL milk became cheaper in stores by about 11 percent, according to a survey by the Milk Product Council – Istvánfalvi Miklós,...

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Etele Plaza is under construction

The Etele Plaza is under construction in the largest multimodal node of the country, which connects several modes of transport, in the immediate vicinity of Etele Square – origo wrote....

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MLBKT: the purchasing manager index increased in December

The seasonally adjusted December value of the Purchasing Manager Index (PMI) was 54.2 points after the 53.5 points in November. According to the survey, the respondents reported on more favorable...

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KSH: industrial production increased by four percent

Industrial production increased by 4.0 percent last November compared to a year before: According to the working day adjusted data, production grew by 3.5 percent, according to the first estimate...

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Hungary is the first to draw EU funds

In 2018, the European Commission allocated 4.4 billion euros to Hungary, ie more than 1,400 billion HUF development funds – said Schanda Tamás, Minister of State of the Innovation and...

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Nébih withdrew several oat-based products

In recent weeks, several oat-based products have been withdrawn by the National Food Chain Safety Agency (Nébih) because of their higher levels of DON mycotoxin than the upper limit of...

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The economic sentiment in the euro area fell to a two-year low in December

With twelve months of continuous decline, the European Commission’s Economic and Financial Directorate, DG EcFin Euro Zone Economic Sentiment Index (ESI) reached a two-year low in December. Hungary has the...

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Free beer and ice cream is a reward for cycling

In Bologna, Italy, the city administration encourages the public with free beer and ice cream to use bicycles, public transport, or go by foot instead of driving a car. In...

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Magazine: Jó idők, rossz idők

Nemcsak innovációban, értékesítésben, hanem – a szélsőséges időjárás miatt – már beszerzésben és termelésben is a maximumot kell nyújtaniuk a gyorsfagyasztott zöldségek-gyümölcsök gyártóinak. Ugyanakkor (csakúgy, mint a többi gyorsfagyasztott kategóriában)...

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KSH: retail sales continued to increase

According to the raw data of last November, retail sales increased by 5.3 percent and calendar effect adjusted by 5.2 percent, compared to a year before – the Central Statistical...

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Analysts: retail sales growth may slow down this year together with real wages

Analysts interviewed by MTI were not surprised by the slight slowdown in the growth rate of retail sales in November, which was supported by the high base data for the...

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Reverse taxation for cereals to extended

The application of reverse taxation in addition to greenhouse gases and steel products to be extended to cereals and oilseeds from 1 January 2022 until 30 June 2022 – the...

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KSH: employment remained close to the peak

During the three-month period of last September-November, the average number of employees was 4,494 thousand, 44,000 more than a year before. The employment rate of the 15-64 year-olds increased by...

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AM: Thailand would only restrict imports of poultry from the infected area if there would be an epidemic in Hungary

In case of a possible outbreak of avian influenza, Thailand would not restrict the import of poultry products from the whole of Hungary, but “only” from the affected area –...

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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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