Market News
Sentix: investor sentiment in the euro area is on a more than ten-year peak
The investor sentiment in the euro area has risen with a much greater extent than the Sentix German Economic Research Institute survey in November. The November value of the index...
Read moreRetail sales increased by nearly 10 percent in Romania
The volume of retail sales grew by 9.8 percent in Romania, in the first nine months of last year, compared to the same period last year, according to the Romanian...
Read moreMagazine: Shoppers don’t economise when it comes to buying cleaning products
Consumers are more and more interested in buying innovative cleaning products. Cleaning product sales have been growing in all retail channels recently. The sales growth was the biggest in the discount supermarket...
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FM: 1.8 million tonnes of food waste are generated annually in Hungary every year
About 1.8 million tons, about 68 kilograms per capita food waste is generated annually in Hungary, which would be enough to feed 400-450 thousand people in need – MTI informed...
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Let’s fill our autumn vitamin warehouses with fresh vegetables and fruits
Trends show that healthy lifestyle, good nutrition are more and more attentive in our everyday lives than a few years ago. What can we do to make the most of...
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Christmas fairs in Vienna start soon
Vienna’s Christmas Dream (Wiener Weihnachtstraum) opens on 17 November this year at the City Hall Square. In the winter season of 2017, visitors to Vienna will be welcomed with a...
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Nébih: plastic pieces were found in a Danish chocolate
Plastic pieces were found in the Anthon Berg Sweet Moments marzipan bar mini chocolate produced in Denmark, so the National Food Chain Safety Authority (Nébih) draws the buyers’ attention not...
Read moreThe world’s largest economy is performing well
The United States’ October Composite Purchasing Manager Index (PMI) has been growing at a lesser extent, but growing and shows a robust fourth quarter growth, according to the statement of...
Read moreThe winemaker robot was rested in Portugal
The winemaker robot, called Vinbot can overcome up to a forty-five degree slope, it is able to drive independently on the vineyards while taking pictures of individual parts of the...
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Magazine: The sparkling wine market is waking up
The seven lean years seem to come to an end: the market of wine-based carbonated drinks is waking up. Slowly but steadily the sparkling wine market is getting livelier, and more...
Read moreNielsen: The online turnover of foods can surpass store sales within five years
The growth rate of the daily consumer goods (FMCG) is already exceeding the sales of conventional stores globally – according to the recent report of Nielsen Market Research. Nielsen’s “What’s...
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Eggs are becoming more expensive in Europe and Hungary
The price of table eggs increases in Europe and in Hungary, which is expected to last until the end of the year, the Poultry Product Council (BTT) announced on Thursday....
Read moreExport growth exceeded 10 percent
In August, the value of exports in euro was 10.2 percent higher, while imports increased by 12.6 percent, compared to the year before. The trade surplus was 458 million euros,...
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The Euró Generál is building a dough factory
The Euró Generál owned by Mészáros Lőrinc may build a gluten-free noodles manufacturing plant in Rábaszentmihály, Győr-Moson-Sopron county – agrarszektor.hu wrote. The local government tendered six companies for the construction...
Read moreThe purchasing manager index in October was higher than the average
The seasonally adjusted value of the Purchasing Manager’s Index (PMI) in October was 58.3 points, which is below the 59.3 points of September. Compared with past Octobers, this year’s value...
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The milk producers demonstrated in Brussels again
The EU milk producers demonstrated in front of the European Commission’s (EC) headquarters in Brussels again – agrarszektor.hu wrote. The farmers are pushing for action to get a fair share...
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Another EU step towards protecting consumers: here is the trademark reform
The new comprehensive EU trade mark reform has come into force: “Certain Community trademarks may be canceled after a 5-year grace period on the basis of the report of a...
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The very expensive whiskey was fake
A dram of vintage Scotch bought by a Chinese millionaire in a Swiss hotel bar for £7,600 was a fake, laboratory tests have concluded. Analysts from Scotland were called in...
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Analysts: employment on historic peak
The number of employees has risen to record highs in the third quarter and the market analysts expect a further decline in unemployment, market analysts commented on the labor market...
Read moreTo date, a subsidy payment of 97 billion forints has been paid to farmers
The Hungarian State Treasury has paid up to 97 billion HUF this year to the farmers – the Deputy Chairman of the Hungarian State Treasury told at a press conference...
Read moreMNB: Hungarian consumers became more conscious
Lending in Hungary is picking up again. Consumers are choosing more consciously, and the rules on borrowing also curb indebtedness – Binder István, supervisor spokesman of the National Bank of...
Read moreThe NAV will prepare the tax return for the primary producers
At the initiative of the National Chamber of Agriculture (NAK), the National Tax and Customs Office (NAV) is preparing the personal income tax return instead of the primary producers and...
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The business optimism of the German companies in Hungary continued to improve
According to the latest rapid survey of the German-Hungarian Chamber of Industry and Commerce (DUIHK), the German companies operating in Hungary are currently evaluating their economic situation as excellent. The...
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The communication and problem-solving skills are most appreciated by employers according to a survey
In all sectors, communication and problem-solving skills are the most appreciated by employers, and in case of the four-fifth of the jobs they require knowledge of English in addition to...
Read moreUntaxes cigarettes were found in Budapest hidden into dog biscuit boxes
The National Tax and Customs Office (NAV) found more than 88,000 boxes of untaxed cigarettes in Budapest in a hired warehouse hidden in dog biscuit boxes – the NAV told...
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Whiskey auction record: 285 thousand pounds for a barrel
Not only glassware but barrels of Scotch whiskey are also a huge business. At an auction, the record of the most expensive barrel was 285 thousand pounds for a 30...
Read moreConference Board’s confidence index is on a seventeen year peak
U.S. consumer confidence increased more than expected in October to the highest in almost 17 years as Americans grew more confident about the economy and job market. The New York-based...
Read moreGKI: Trends are favourable in the short term
Trends in the Hungarian economy of the first half of the year have continued in the past few months, and no substantial changes can be expected until mid-2018. Owing to...
Read moreFruitVeB: The volume of folded vegetables grew by 15 percent
The yield of folded vegetables has increased significantly, by 15 percent in recent years, while the size of the folding area has declined – Ledó Ferenc, President of the Hungarian...
Read more11 percent more employees at Intersnack
Intersnack, the manufacturer Chio products, thanks to growing exports, increased the number of its staff by more than 11 percent, compared to last year. The company’s number of employees has...
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