Market News
Businesses in Hungary are optimistic
Hungarian companies are increasingly optimistic – according to the October survey of the Institute for Economic and Enterprise Research of the Hungarian Chamber of Commerce and Industry (MKIK). The information...
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A strategic agreement has been concluded between the Agricultural Research Center and the Szent István University
The National Agricultural Research and Innovation Center (NAIK) and the Szent István University signed a strategic agreement on agrarian issues on Tuesday, the Ministry of Agriculture (AM) told MTI. Under...
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More than 280 tonnes of long-lasting foods were collected for the Food Bank’s invitation
Hungarian Food Bank Association organized its traditional Christmas fundraising campaign during the weekend, in more than 120 settlements and 200 locations. Thanks to the offerings, more than 280 tons of...
Read morePlanting flowering plants into the quarter of arable land could save bees
A research group proposes a new agricultural strategy for halting the decline of populations of bees and other pollinators. The group has successfully put its ideas into practice in Uzbekistan...
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Edible crickets were found in Kenya
Tanga Mbi, researcher of the International Biophysical and Ecological Center (ICIPE), headquartered in Nairobi, spoke about new edible cricket species at the UN Biodiversity Conference in Sharm el-Sheikh, Egypt –...
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EU labor safety regulations are changing
Though the hearing of the workers has been protected by many measures, so far, from March 2019, the European Union’s new rules on personal protective equipment will come into force,...
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Magazine: Europe: small stores outperform
According to a forecast by LZ Retailytics, European grocery retail markets show that the smaller the store format, the faster it will grow. Sales by small shops are set to...
Read moreCIB Bank: economic growth may slow next year
GDP grew by 4.7 percent in the first half of the year, and this pace will hardly moderate for the rest of the year, so in 2018, economic growth may...
Read moreThe Agricultural Chambers of the V4 countries should guarantee the continuity of EU fundings
According to the Agricultural Chambers of the Visegrad Four (V4) countries, the continuity of EU fundings, including payments to farmers, should be guaranteed and equal conditions of competition should be...
Read moreCraft beer is the new wine
They talk about beer revolution in domestic gastronomy, and many people say that craft beer is the new wine for consumption. Over the past few years, bars and pubs offering...
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Consumer sentiment in the euro area is on a twenty month nadir
In November, the consumer sentiment of DG ECFin, decfreased more than expected and reached a 20 month low – according to the preliminary data. In November, the consumer sentiment index...
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The European Commission has published a report on the prospects for EU plant protein production development
The European Commission has published a report the on prospects for the development of EU plant protein production, which describes a number of existing policy instruments and new proposals that...
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GKI’s economic sentiment index was favorable in November as well
GKI’s economic sentiment index remained essentially unchanged in November. Business expectations continued to improve, whereas consumer ones declined further. The business confidence index is around its yearly average now. Although...
Read moreKSH: retail sales continued to grow
Retail sales in September increased by 4.4 percent, compared to the previous year. Calendar effect adjusted, the growth was 5.4 percent higher, compared to the previous year – according to...
Read moreNielsen: online retailing is four times faster than traditional
Globally, online retail sales are expanding four times faster than traditional offline trading and will grow by nearly a fifth every year in the future. Over the next few years,...
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There are many more misconceptions about conscious nutrition
Although more and more people are seeking a balanced diet and consciously choose from the shelves of the food stores, Nestlé’s most recent home nutrition habits and a basic nutritional...
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Magazine: The palettes of self-expression
According to data from L’Oréal, decorative cosmetics represent the biggest value in the Hungarian beauty care market, and it is also one of the most dynamically growing categories (+11.7 percent...
Read moreOECD: Hungarian GDP may increase by 4.6 percent this year
According to the OECD projections, Hungarian GDP growth rises to 4.6 percent this year from last year’s 4.4 percent. The previous forecast predicted 4.4 percent. For the next year, the...
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KSH: earnings have continued to grow
In September, the gross average earnings were 322,800 forints, 10.4 percent higher than a year before. In January-September gross average earnings were 324 100 forints, net average earnings were 215...
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Turkey Association: the sector is stable, but it is necessary to increase competitiveness
The position of the turkey sector is stable, but the increase of its competitiveness and the promotion of consumption are crucial in the future, the Hungarian Turkey Association told MTI....
Read moreAM Minister of State: it is important to transfer technological knowledge to the agricultural operators
In order to increase competitiveness, it is important that the technological know-how to be available in different agricultural research and educational institutions for agricultural operators, including agricultural entrepreneurs, Feldman Zsolt,...
Read moreThe consumer sentiment has fallen in the United States
The Consumer Sentiment Index of the US Michigan University became worse than expected in November. In November, the Consumer Sentiment Index of the US Michigan University dropped to 97.5 points...
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Growth in life expectancy has slowed in the EU
Life expectancy in the European Union is one of the highest in the world, but the continued growth in life expectancy has slowed down and there are still significant differences...
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Magazine: Great opportunities for the small ones
Erik Vágyi, sales director of Nielsen gave an insight into how things are in two retail channels at the Business Days conference in Tapolca, in September. He revealed that in...
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Poultry meat will be more expensive next year
It’s good news for consumers that festive dinner for this Christmas will not be more expensive, and the prices of poultry meat and preparations do not generally increase. The bad...
Read moreCoffee prices increased significantly
Arabian coffee prices rose 7.2 percent in one week in the US commodity market for the March deadline – Világgazdaság Online wrote. According to the data of Investing.com; yesterday, the...
Read moreNagy István: application for subsidies should be easy in the new CAP
Hungary will only support a new common agricultural policy (CAP), which makes the application and payment of subsidies easy for both farmers and Member States’ organizations – Nagy István Minister...
Read moreThe authorities of the region have been negotiating about the fight against counterfeit pesticides
In the spirit of counteracting the trade of counterfeit and illegal pesticides, the Taxation, Customs and Plant Protection Authorities of the Visegrád countries have been negotiating for the third time...
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