Market News

More than 175 million HUF worth smuggled cigarettes were found in a minibus

More than 175 million HUF worth smuggled cigarettes were found by the police in an Ukrainian minibus on Saturday in Vásárosnamény – the Szabolcs-Szatmár-Bereg County Police Headquarters announced on the...

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German retail turnover decreased

Instead of the expected growth in August, retail turnover in Germany was lower than in the previous month – the Destatis federal statistics agency published on Monday. In August, retail...

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Japanese retail sales grew in August

In August, retail sales in Japan rose to an eight-month peak on an annual level, and industrial production showed an increase for the first time in the past four months...

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By 2025, the robots will take the lead

Digitized machines will have more workload than people in 2025, according to the study of the Davos World Economic Forum. While digitization will make a lot of workplace obsolete, it...

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My shop, my brand, my everything

Recently European retail chains have signed many strategic partnership agreements. One of these is a cooperation that Tesco and Carrefour started. Their objective is to unite the strengths of the...

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Greenhouse production can be increased by using geothermal energy

The greenhouse production of safe and high-quality products should be increased. The domestic supply could be increased with the expansion of exports and by the increasing use of geothermal energy...

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In June-August KSH employed 39 thousand more than a year earlier

During the June-August period, the average number of employees was 4 million 484 thousand, 39 thousand more than a year before. The employment rate of 15-64 year-olds increased by 0.8...

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EOS: Hungarians pay 77 percent of the invoices in time

77 percent of the accounts are paid in time by Hungarian customers, 19 percent arrives late and 4 percent is not paid at all, which corresponds to last year’s figures...

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Eurozone inflation accelerated in September

In September, the pace of consumer price increases in the euro area accelerated. The European Union’s statistical office, Eurostat, on Friday announced its preliminary report that euro area inflation rose...

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The spread of African swine fever has slowed in Romania

The spread of African swine fever in Romania has slowed down, no new infectious points have emerged in the last month in neighboring counties – according to the weekly report...

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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...

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US 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...

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This 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...

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Opten: 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...

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Nine 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...

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The 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...

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The 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...

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Autumn 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...

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Consumer 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,...

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The 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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