Market News
The foundation stone of the Etele plaza was laid in Budapest
The foundation stone of the Etele Plaza, worth 300 million euros (nearly 100 billion forints), was laid in Budapest – the Futureal Group told MTI in a statement. MTI photo:...
Read moreHungarian, Polish, Czech and Slovak organizations support fair trade
The Conscious Consumers’ Association (TVE) has launched a regional project with its Polish, Czech and Slovak partners for the promotion of Fairtrade, with the support of the International Visegrad Fund....
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The Hungarian seed sector remains in the forefront of the world with innovations
Hungarian seed production is operating at a high level, with great efficiency and innovatively, this advantage must be preserved for the next quarter century – was said at the 25-year...
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The first local Food Bank in Hungary was established in Hajdú-Bihar county
The Hungarian Food Banking Association has been operating in Hungary for 13 years. In 2018 a new chapter has begun in the life of the Association: on 8 November, the...
Read moreKSH: retail sales increased by 5.4 percent
Calendar effect adjusted retail sales increased by 5.4 percent in September, while the raw data became 4.4 percent, compared to the previous year. In the first three quarters of the...
Read moreTVs and mobile phones can be Black Friday’s most popular products
It is expected that TVs and mobile phones will be the most sought products at this year’s Black Friday promotions – origo wrote after Világgazdaság. Várkonyi Balázs, the co-founder and...
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AM: the quality of Hungarian wine is at European level
Hungarian wine is a high quality product at European level, and the government wants Hungarian wine-making companies to better compete with their Western counterparts – the Deputy Minister of State...
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MNB: households in September took more loans than the value of their fresh deposits
In September this year, households took loans in a value of 37 billion HUF, while placed 13 billion HUF deposits at domestic financial institutions. In the first nine months of...
Read more(HU) A szőlő aranyszínű sárgaság fertőzése miatt növény-egészségügyi zárlatot rendeltek el Pécsen
Because of the infection of the golden yellow jaundice of grapes, plant healthcare closure was ordered in Pécs The Baranya County Government Office (BAMKH) ordered the phytosanitary closure, due to...
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The rise of consumer prices in the euro area accelerated to nearly six-year high
In October, the pace of the rise in consumer prices in the euro area accelerated close to the six-year high and exceeded the European Central Bank’s target of close to...
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Vegetable prices can run away
The prices of root vegetables may grow by up to 40-50 percent and onion prices with about 30 to 40 percent in the next period – the president of the...
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Hungarian poultry can be exported to China again
China has lifted the veto against avian influenza in Hungary, which is good news for all Hungarian poultry breeders, as it will be possible to export to China – Nagy...
Read moreITM: the rate of infringements decreased in e-commerce
Consumer protection audits over the past few years have reduced the proportion of infringements experienced in e-commerce from 54 percent to 15 percent – the Ministry of Innovation and Technology...
Read moreGrape restructuring aid can be applied again
Grape restructuring aid can be requested again until the end of November. In addition to the relocation and cultivation of vineyards, from the year of this year it is possible...
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Profession.hu: companies spend 5738 forints on average to find the right worker
In Hungary, the companies spend on average 5738 for a well trained and experienced employee, while in 2012 this amount was only 278 forints – according to the survey of...
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The economic mood index of ifo in the euro area is on a two-year low
The euro zone economic mood index of the Munich Institute for Economics decreased to the nadir of the past two years for the fourth quarter. The fourth quarter economic mood...
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Magazine: It isn’t enough to win, the prize should also be retained – but how?
The Superbrands programme has been rewarding the best brands for 14 years, but there are only a few of these that are able to win the prize year after year....
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Other meat companies can export to Singapore
It was agreed with Singapore that in addition to the 18 meat companies that already have an export license, five more companies can export to the Asian country – Szijjártó...
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Agricultural Chamber: a high demand occured towards quality Hungarian mushrooms abroad
There is a high demand for quality Hungarian mushrooms abroad, which would double the current production on the export market, but serious technological developments are needed – the National Agricultural...
Read moreKSH: export surplus is declining
In August, exports in euros increased by 0.8, imports increased by 6.2 percent. Foreign trade surplus was 31 million euros, 401 million euros less than a year before, according to...
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Analysts: the number of jobseekers in the third quarter increased more than the demand
Some of the aspirants who go from public employment to the primary job market need time to find their place, which could be one of the possible reasons for the...
Read moreMLBKT: the Purchasing Manager Index increased in October
The seasonally adjusted October value of the Purchasing Manager Index (PMI) became 57.3, meaning that respondents reported more favorable processes than in the previous month. The October index is higher...
Read moreGrowth in retail sales slowed in the Czech Republic
In September, the rate of growth in retail sales in the Czech Republic dropped to 1.4 percent, from the 4.2 percent in August – the Czech Statistical Office (CSÚ) reported...
Read moreEBRD: Central European EU economies perform better than expected
The European Bank for Reconstruction and Development (EBRD) has improved in its comprehensive autumn prognosis for the forecasts of the growth rates of the central and eastern European economies, including...
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The economic sentiment in the euro area and in the EU decreased in October
The economic sentiment in the euro area and in the EU decreased in October – according to the data of the European Commission’s Directorate-General for Economic and Financial Affairs (DG...
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Fruit plantations without permission can be announced until 31 December
Farmers can announce their plantations without permission until 31 December, and if they miss the deadline it may cost up to 20 to 50 thousand for to them – the...
Read moreA Hungarian trade center was opened in Shanghai
Hungary has realized in time that the Chinese market is a great opportunity for high quality Hungarian products and services – Szijjártó Péter, Minister of Foreign Affairs told on Sunday...
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KSH: the number of employees increased in the third quarter
In the third quarter of this year, the average number of employees was 4 million 487 thousand, 36 thousand more than a year before. The employment rate of 15-64 year-olds...
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The Agricultural Research Center expanded its profile with ornamental plant research
A new profile has been added to the Fruit Production Research Institute of the National Agricultural Research and Innovation Center (NAIK), which continues its scientific work as Fruit and Ornamental...
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