Market News

The analysts of Takarékbank raised the forecast for this year’s GDP growth from 4.4 percent to 4.7 percent

Suppan Gergely, chief analyst of Takarékbank said at a press conference in Budapest on Thursday that the analysts of Takarékbank raised their forecasts for this year’s growth from 4.4 percent...

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Budapest Bank: nearly third of the domestic SMEs plans to invest this year

The majority of SMEs expect growth in both revenue and profit this year – according to Budapest Bank’s survey conducted among 300 CEOs. Investments are planned by nearly one third...

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NAK: a critical agreement was reached for EU agriculture

After two decades of negotiations, the European Union and the Mercosur countries have decided on a comprehensive trade agreement that will create the world’s largest free trade area. The National...

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Plastic-free July has started

The Plastic-free July has begun, the aim of the initiative is to eliminate the use of disposable plastics – was said on M1 news channel and Kossuth Radio on Thursday....

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Retail sales grew 7.2 percent in Romania, in the first five months of this year

In Romania, according to raw data, the volume of retail sales increased by 7.2 percent in the first five months of this year, compared to the same period of last...

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The first meat from whaling was expensive in Japan

The first meat from commercial whaling that was refurbished after thirty years was sold at a very high price at an auction in Japan. Fifteen thousand yen (40 thousand forints)...

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The EP adopted stricter consumer protection rules

At the plenary session of the European Parliament in Strasbourg, more stringent consumer protection rules were adopted for online purchases. According to surveys, more than one third of the sites...

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Magazine: Experiences motivate shoppers

In connection with the ‘Most successful promotion of the year’ competition, Kantar-Hoffmann conducted a qualitative consumer survey with 4 focus groups that consisted of 23-35 and 36-55 year old Budapest...

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Nébih launched a campaign against the waste of vegetables and fruits

The National Food Chain Safety Agency (Nébih) launched an awareness campaign against the waste of vegetables and fruits – the authority told MTI on Wednesday. According to the latest research...

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Imports increased further

In April, the value of exports in euro rose by 3.8 percent and imports by 7.0 percent year-on-year, the trade balance surplus was 245 million euros, which is 238 million...

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Food Bank: We talk a lot about the harmful effects of food wastage on warming up

We know that if we look at the harmful effects of food waste and consider waste as a country, then America and China would be the third biggest polluter. That...

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Next year, 82 billion HUF will be spent on social children nutrition

Next year, the government will spend more than 82 billion forints on social children nutrition – the Parliamentary Minister of State of the Ministry of Human Resources told journalists on...

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Euro area private sector growth accelerated more than expected in June

Compared to preliminary data, euro area private sector growth accelerated to a greater extent in June – according to purchasing manager indices. IHS Markit, a London-based financial and economic data...

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The world produces more than two billion tons of municipal waste annually

Worldwide, 2.1 billion tonnes of municipal waste are produced annually, it could fill 822,000 Olympic-sized swimming pools, according to a study by Verisk Maplecroft, a global research company that investigated...

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Obesity cause cancer more times than smoking

Obesity, like smoking, is already playing a major role in the four most common types of cancer, a British research organization said. According to the data of the Cancer Research...

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More and more grain is stored due to the low prices

Due to the persistently low cereal prices, the growers do not want to sell, this is why the storage time and inventories are increasing steadily – agrarszektor.hu wrote. Farmers can...

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Kopint-Tárki improved growth forecast

Compared to its March forecast, Kopint-Tárki Institute for Economic Research also increased its forecast for economic growth and inflation in a report published on Tuesday. Instead of the 4.0 percent...

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The closed garden revitalization program will start again this year

This year, the Ministry of Agriculture (AM) announces a closed garden revitalization program. The municipal governments and their consortias may apply for a non-refundable grant within the 2 billion HUF...

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ÖRT – series of presentations for prevention

With the presentations held at advertising industry companies, the ÖRT leaders bring information on the legal and ethical issues of advertising to the first level of advertising creators. Prevention is...

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Beekeeping Association: heat is bad for apiculture

Extreme heat is not conducive to apiculture because plants are blossoming for a shorter period of time, and bees have to deal with the cooling of the hive as well...

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The June Purchasing Manager Index decreased

The Purchasing Manager Index (PMI) shows a slowdown in growth, its seasonally adjusted vakue in June was 54.4 points, compared with the 57.9 points in May – the Hungarian Logistics,...

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Rail Cargo Hungaria is ready to transport grain exports

Rail Cargo Hungaria (RHC) is prepared for the rail transport of Hungarian grain exports, and the company estimates that this year, approximately 825 thousand tons of grain will be exported...

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German retail sales decreased

Retail sales declined in May on the basis of a report from the German Federal Statistical Office, Destatis, compared to the previous month. In May, retail sales in Germany fell...

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The rate of rise in consumer prices slowed down in the OECD countries in May

The rate of increase in consumer prices in the member states of the Organization for Economic Co-operation and Development (OECD) slowed down in May. In May, average annual inflation in...

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Magazine: Hungarian beer drinkers are sophisticated and like trying new products

According to a survey conducted by the Association of Hungarian Brewers, in 2018 beer sales were up 1.3 percent at 6.29 million hectolitres in Hungary. The top five brewers in...

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The summer check has started

A series of summer check-ups that have been regularly organized between July 1 and August 20 have begun, with one of the top priorities being that Hungarian families get safe,...

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NAK: a good apricot harvest is expected

Countrywide, apricot harvesting is under way. According to the survey of the National Agricultural Chamber (NAK), growers expect a good harvest this year after the very bad harvest of last...

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The National Agricultural Advisory Committee was established

The National Agricultural Advisory Committee (NATAB) was set up in Parliament on Monday to inform the farmers, to facilitate administration and to inform young people about the potential of agriculture...

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The membership of MNKSZ continued to expand

In the first half of 2019, the Hungarian National Trade Association has two new major members. The Norbi Update Lowcarb and BiotechUSA dynamically growing domestic commercial networks have also voted...

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ITM: the UV filtering of all sunglasses met the consumer protection standards

The UV filtering of all sunglasses tested complied with the requirements for consumer protection control – the Ministry of Innovation and Technology (ITM) told MTI on Monday. According to the...

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