Market News
In August, the number of jobseekers decreased by 6.7 percent
The number of registered jobseekers decreased by 6.7 percent in Hungary over a year, according to the National Employment Service (NFSZ). On the closing day of August, there were 251,300...
Read more
It is not a simple task to remove the nylon bags
Biodegradable plastic bags can replace the disposable bags in supermarkets, and the state is planning a lot of tightenings in this area. However, to reduce the amount of plastic waste,...
Read moreThe Chinese-US customs war affects almost the whole world economy
The war between China and the United States of America affects almost the entire world economy – Szabó Dávid József, research director at Századvég Alapítvány told M1 news channel. He...
Read moreBelgium would cut thousands of pigs to prevent the outbreak
Belgium would cut about four thousand pigs to prevent the spread of African swine fever. ASF was detected in a total of nine wild boars – the La Libre Belgique...
Read moreThe most common herbicide can be responsible for the destruction of bees
The most common herbicide, the glyphosate can be Indirectly responsible for the destruction of bees – according to a US study. A study by the University of Texas at Austin...
Read more
European retail sales expected to grow by 2.1 percent in 2018
According to a forecast by GfK, retail sales will increase by 2.1 percent in the 28 member states of the European Union this year. GfK’s ‘European Retail in 2018’ study...
Read moreA significant food price increase may come
Despite the VAT cuts, a price increase of more than 10 percent is likely to occur in food prices – penzcentrum.hu wrote. The rise is due to the rise in...
Read moreThe Hungarian milk export prices are great
Producers are happy to have a good price for milk, especially in the foreign markets – agrarszektor.hu wrote. According to the Central Statistical Office, in Hungary, the average producer price...
Read more
EC: there is a danger that Hungary will not achieve the 50 percent waste recycling by 2020
In the 14 EU Member States, including Hungary, there is a risk that the 50 percent waste recycling rate will not be achieved by 2020 for household waste – the...
Read more
Record American soybean yield decreased soybean prices
The price for soybeans dropped to 8.14 USD at the Chicago stock exchange, which is an almost ten year negative record – Világgazdaság Online wrote. The price peaked in August...
Read moreWater for irrigation should only be drilled to the extent that nature can replace
Áder János Presidents considers the increase of the size of irrigated agricultural land as inevitable, however clean water should only be drilled to the extent that nature can replace. Áder...
Read more
MNB: cash machines exchange currency abroad on unreasonably high prices
Abroad, an increasing number of POS and ATM recognize the currency of the bank cards and provide forint payments besides local currency payments, but this can result in unfavorable exchange...
Read more
The forklift driver training is popular
This year, the engineering and mechanical industry courses are the most sought after, according to the data of Perfekt Zrt., which deals with adult education. This year, in addition to...
Read moreThe heat in Germany was good for the wineries but bad for the cereal producers
This year, vintage began nearly a month earlier than usual in Germany – the portfolio.hu wrote. Grape growers have never started harvesting so early, and this was mainly due to...
Read moreCertain contaminated sown areas will be given temporary exemption under the prohibition of pesticide use
Certain contaminated sown areas will be given temporary exemption under the prohibition of pesticide use – according to the Ministry of Agriculture’s announcement published on Monday. According to the information,...
Read more
Chips to be shortened in Belgium and Great Britain
Chips will be three centimeters shorter in Belgium and Great Britain this year instead of the usual 8-9 centimeters lenght – Agrarszektor.hu wrote. The spectacular decline in potato tubers is...
Read more
Magazine: Hungary’s economic growth has probably reached its peak
In the last quarter of 2017 and in the first quarter of 2018 the Hungarian economy grew by 4.4 percent. Economic growth has only been faster once in the last...
Read more
Since reaching its historic peak, the GKI economic sentiment index has been falling for the second month
The GKI economic sentiment index reached its historic peak in July and its lowest point this year in August. It continued to decline in September, and fell close to its...
Read moreKSH: retail sales continued to grow
In July, the volume of retail sales grew by 5.4 percent according to the raw data. Calendar effect adjusted the growth was 5.3 percent higher than a year before –...
Read moreAM: more corn may grow in 2018 than in 2017
Thanks to the favorable weather, slightly more corns can be produced this year than last year and a similar amount of sunflowers may be harvested as last year – Feldman...
Read more
FruitVeB: weather badly affected the production of onions
The dry weather badly affected the cultivation of onions and potatoes, while sunflower and tomato closed a good year – the Executive Director of the FruitVeB’s Hungarian Vegetables and Fruit...
Read moreAn irrigation and water management research institute was founded in Szarvas
The main purpose of the research programs of the Irrigation and Water Management Research Program was to mitigate the negative effects of climate change and to create the responsibility for...
Read moreThe PM plans to reduce the administrative burden on companies
In order to increase the competitiveness of enterprises, the government plans to reduce administrative tax burden – Izer Norbert, Minister of State of the Ministry of Finance (PM) told in...
Read more
The Minipolisz children’s town was expanded with Nébih’s pedagogical programs
The National Food Chain Safety Office (Nébih) has provided spaces for providing experience pedagogical programs and useful knowledge in the Interactive Children’s Town of Minipolisz in Budapest. Zsigó Róbert, Minister...
Read more
MGYOSZ: a growing gap between employer expectations and the knowledge of students
There is a growing gap between the expectations of employers and the experience and expertise of graduates – Gablini Gábor, vice president of the Hungarian Association of Employers and Industrialists...
Read moreThe construction of a new commodity management center at the Ferihegy Airport has begun
The construction of a new commodity management center called Cargo City has begun on Friday at Budapest Liszt Ferenc International Airport. In the first phase, the builders will build a...
Read moreHNT: mustgases are causing accidents mainly in family and hobby wineries
Mustgases are causing accidents mainly in family and hobby wineries – Brazsil Dávid, Secretary General of the National Council of Mountain Villages told M1 news channel. According to the Secretary-General,...
Read more
Magazine: Fluctuating lamb prices
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that in 2018 approximately 890,000 tons of lamb and goat meat will be produced...
Read more
KSH: earnings growth continued to accelerate
In July, gross average earnings were 12.8 percent higher than in the previous year, with job earnings rising by 12.1 percent in the first seven months – the Central Statistical...
Read more
Excellent apple yield throughout Europe
There is a great apple yield throughout Europe: 13 million tonnes of fruits are expected in the European Union. In Hungary, 20-25 percent more apples were harvested than last year,...
Read more