Market News
KSH: earnings rose by 13.6 percent in September
In September, average wages grew by 13.6 percent compared to a year before – the Central Statistical Office (KSH) reported on Wednesday. The annual rate of increase of average earnings...
Read moreE-merchants are expecting 25 to 30 billion HUF turnover during this year’s Black Friday
The Black Friday is here again and is bigger than ever before. This year, a record number of merchants will join the initiative from America. 62 percent of the webshops...
Read more
The Hungarian National Trading House is organizing an IKT Expo Academy again
The Hungarian National Trading House (MNKH) is organizing an IKT Expo Academy for the second time in November and December. According to the Hungarian National Trading House (MNKH), the two-day...
Read more
Eat for Each Other charity action of the Food Bank
Breakfast, lunch, dinner… Eating is one of the best things in the world that we look at as a natural thing. Still, there are many people in the world and...
Read moreNielsen: global brands in the saddle for consumer wallets
Consumers worldwide increasingly prefer global brands over locally produced products, according to a recent study by Nielsen Market Research. Most Hungarians choose domestic products mainly in case of dairy products:...
Read more
Hungarian companies abroad: for the time being, few of them cross the border
Only a fifth of the domestic micro, small and medium-sized enterprises carry out export activities and the proportion of new players entering the foreign market is also low – according...
Read more
The challenges of the digital economy
The Accenture has published a new study: The study seeks the answer to the challenges of the digital economy. The experts of Accenture interviewed more than 40 professionals, consultants and...
Read more
Make a Thanksgiving Turkey! – its flesh will be really crumbly
The Evening of Thanksgiving is a family celebration with a long tradition overseas. In this case always a deliciously prepared turkey is placed on the table, which we can try....
Read moreEconomic growth slowed down in the OECD countries
The quarterly rate of economic growth in the member states of the Organization for Economic Co-operation and Development (OECD) slowed in July-September. In the 35 member states of the OECD...
Read moreA craft beer festival will be held in Gyula next summer
A handicraft beer festival will be held for the first time in Gyula next summer- Varga-Bora Tímea, main organizer told MTI on Monday. She said that the organizers would like...
Read moreAgricultural census by the Central Statistical Office
The Central Statistical Office (KSH) carries out the census of individual farms between 15 November and 15 December. The purpose of the census is to monitor the changes in the...
Read moreThe nature-friendly agricultural practices are becoming more popular
Fazekas Sándor, Minister of Agriculture told MTI in Bonn that the nature-friendly agricultural practices are becoming more popular. Fazekas Sándor took part at a conference in connection to the UN...
Read moreThe debt of companies exceeds their quarterly sales revenue
Approximately 28 percent of the total revenue of the companies is an amount that has already been billed but has not yet been paid out, according to the latest information...
Read more
Chocolate traders evaded to pay 626 million forints tax
A company in Tatabánya and in Budapest have suspected with tax evasion in a value of 626 million forints. The companies imported chocolates from Poland, Slovakia and Bulgaria and sold...
Read moreTens of thousands of new jobs are needed in the agriculture and in the food industry
Over the past six years, 50,000 new jobs have been created in agriculture and in the food industry, and in the coming years a same amount of new labor force...
Read more
GKI: Stable property market outlook with a price bubble about to burst
The GKI real estate indices for Budapest and Hungary stood at -1 and 0 points in October 2017, respectively. Compared to the previous quarter, the index in the capital has...
Read more
The agrarian chamber wants a larger advance payment
According to the National Chamber of Agriculture (NAK), there would be a possibility to pay out even tens of billion HUF more in the remaining two weeks of the advance...
Read more
Eight billion HUF support for cold stores
Up to 8 billion forints of European Union support has been decided on the construction of cold stores in the horticultural sector. The gardeners can use about 90 billion forints...
Read more
Trade Alliance: the impact of black Friday can be detected in the domestic e-commerce’s turnover
The impact of black Friday can be detected in the domestic e-commerce, but for the turnover of traditional stores it is still not has such a great effect in Hungary...
Read moreFazekas: helping farmers is the goal of the V4 Agricultural Research Cooperation
Those researches would help the farmers that would be conducted by the agricultural research institutes of the Visegrad countries – Fazekas Sándor Minister of Agriculture told M1 news channel. According...
Read moreMoody’s: the external vulnerability of the Hungarian economy has declined significantly
The external vulnerability of the Hungarian economy has been reduced significantly. This is one of the pillars of the sovereign Hungarian debtor profile registered with a rating of “Baa3” –...
Read more
Eggs contaminated with fipronil were found at local producers in Slovenia
The Slovenian veterinary office will check for every registered egg producer in the next month after it has been found that two producers used banned fipronil-containing insecticides, the Slovenian POP...
Read moreGfK: Per capita purchasing power grew by more than 10 percent in Hungary
The per capita purchasing power increased by more than 10 percent, from last year’s 5549 to 6204 euros in Hungary, with which the country continues to be ranked 30th on...
Read moreThe Hungarian countryside could be more profitable according to the mountain communities
The Hungarian countryside could be more diverse and more profitable by making better use of local values, which could increase profitability and attract young people – Légli Ottó president of...
Read more
A tripartite cooperation agreement was reached to develop the data service for the dairy sector
A cooperation agreement was signed on 14 November, in Velence by the Agricultural Research Institute (AKI), the National Food Chain Security Agency (NÉBIH) and the Milk Interprofessional Organization and Product...
Read moreBlack Friday is coming: Nearly 3.5 million people count on it
Black Friday has taken Hungary last year and this year it will continue to grow: in 2017 more than 3.3 million adult Hungarian Internet users are planning to buy during...
Read more
Chinese container traffic to Hungary can increase significantly
The Chinese container traffic to Hungary can be increased many times thanks to an agreement on the development of the Chinese-Hungarian logistics cooperation – the Hungarian Logistic Service Centers Association...
Read more
28,000 food and beverage vending machines should be equipped with the automation monitoring unit
It is still unclear how many beverage and food vending machines will be operating in the country after 1 December, because the automation monitoring units need to be installed in...
Read moreNielsen: the turnover of Hungarian retailers is silver medalist in Europe
In the third quarter of 2017, the retail trade in Hungary grew by 5.3 percent, compared to the same period of the previous year, on the food and chemical market...
Read more
Internet users plan to buy Christmas gifts for 35,000 forints this year
Árukereső.hu surveyed the donation plans of the Internet users for this year. The survey revealed that as Christmas is approaching, we are much more open to shopping online. By utilizing...
Read more
