Market News

Magazine: Rapid beauty solutions are popular

Last year sales in the hair care category increased by 6.9 percent in value. The premium and natural hair care product segments were growing especially fast. According to Bianka Perge,...

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The number of employees broke a record in the EU and in the euro area again

In July-September, the number of employees in the European Union and the euro area has risen to a new record for the third consecutive quarter, indicating that the labor market...

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Coca-Cola Hungary starts dual trade education programmes at four universities

On 20 January 2017 Coca-Cola Hungary signed an agreement with four Hungarian universities to start dual trade education programmes. Thanks to the new type of cooperation the soft drink company...

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Januárban 4,7 százalékkal nőtt az üzletek forgalma

Januárban a kiskereskedelmi üzletek forgalmának volumene a nyers adat szerint 4,7, naptárhatástól megtisztítva 3,7 százalékkal nőtt az előző év azonos időszakához képest – jelentette pénteken első becslése alapján a Központi...

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FruitVeB: the fruit and vegetable sector is less affected by the frost damage

The frost damage affected the fruit and vegetable sector less – Ledó Ferenc Chairman of theFruitVeB Hungarian Fruit and Vegetable Interprofessional Organisation and Product Board told M1 news channel on...

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KSH: last year’s export surplus reached almost 10 billion euros

In December, exports were 7.6 percent, while imports were 9.3 percent higher than a year before, the monthly export surplus was 579 million euros, 58 million less than a year...

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The University of Sopron was given 424 million HUF for biomass research

The Forest Engineering Faculty of the University of Sopron received 424 million HUF for the researching of the conditions of the cultivation of woody biomass feedstock within the framework of...

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German retail sales fell in January

German retail sales fell unexpectedly in January, data showed on Friday. The volatile indicator, which is often subject to revision, showed retail sales fell by 0.8 percent on the month...

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Special Golden Chocolate Egg

Golden Chocolate Egg is a special product because inside each chocolate egg there is certified jewellery. Gold jewellery is 9-, 14- and 18-carat and silver jewellery is 925 sterling quality....

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Online shopping is comfortable and offers good prices

The most important reasons why consumers decide to buy online are comfortable shopping and good prices – reveals a survey conducted every year since 2001 by eNET. In 2015 Hungarians...

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Half a billion forints paid to hackers because of ransomware attacks

According to antivirus software manufacturer G Data, Hungarian companies pay. HUF 180,000 on average to hackers, so that they get back the access to the data on their computers. Having...

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Weekday shopping more important than before

Six months after the ban on Sunday trading was abolished, much fewer card payments are realised on the seventh day of the week than before. The latest data from Mastercard...

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Magazine: The world’s food industry until 2021

According to a study conducted by IGD Retail Analysis on the trends that will shape food retail trade in 2016-2021, purchasing power will grow, but retailers can only benefit from...

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FM: Hungarian farmers lost twice

The crisis on the pork and dairy market highlighted the fact that the Hungarian agriculture does not have enough storage and processing capacity, which is why the Hungarian farmers lost...

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FAO: World food prices rose in February

FAO’s food price index increased in February for the seventh consecutive month, this time led by increasing wheat and maize prices. The FAO Food Price Index averaged 175.5 points in...

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The conditions of several rural development tenders to be tightened

The application conditions of several rural development tenders to be tightened – the Minister of State of the Prime Minister’s Office, responsible for Agriculture and Rural Development announced at the...

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Tender to be launched for the marketing of fisheries products

A non-refundable tender resource will be opened for the marketing of fishery products with a budget of 400 million HUF – the Prime Minister’s Office told MTI on Wednesday. According...

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The Ficsak and the Emmi call for to make school canteens healthier

The Club of Young Families (Ficsak) and the Ministry of Human Resources (Emmi) call for to make school canteens healthier canteens. Király Nóra, founder of the Ficsak at a press...

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Carp installment has begun at the Lake Balaton

Balaton Fishery Management Company (BHN) started the spring carp installation into the Lake Balaton. Nagy Gábor, the company’s fishing industry leader told MTI on Thursday that 25-30 tons of carps...

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Young Entrepreneurs Association: only 27 percent of Hungarian entrepreneurs can be considered young

Twenty-seven percent of the Hungarian entrepreneurs belong to the age group under 40 years, only they can be considered as young entrepreneurs, however, there are 19 thousand companies can be...

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Inflation accelerated in the euro area

Euro-area inflation accelerated to the fastest pace since January 2013, providing fresh arguments to those calling for an exit from the European Central Bank’s monetary stimulus program. Consumer prices rose...

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European Union stands united in many fields

What are the most important issues on the agenda of the European Parliament (EP) in 2017? In the spring the EP’s committee will vote on the report on tax avoidance....

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Half a billion forints paid to hackers because of ransomware attacks

According to antivirus software manufacturer G Data, Hungarian companies pay HUF 180,000 on average to hackers, so that they get back the access to the data on their computers. Having...

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Consumer expectations about tax and employer contribution cuts

According to a representative survey conducted by TNS Hoffmann in December 2016, 59 percent of Hungary’s population heard about the tax and social contribution cuts the government had announced. 68...

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The world has turned around in twenty years

PricewaterhouseCoopers (PwC) conducted its annual Global CEO Survey for the 20th time. It revealed that in the last two decades not only the markets changed but also the opinion of...

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Last year, the value of advertising spending exceeded 160 billion HUF

The value of Hungarian advertising spendings (without the TV ads) exceeded 160 billion HUF last year, which is a 12.11 percent growth compared with 2015 – Hivatal Péter, a member...

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It is too early to bury this year’s wine harvest

It is too early to bury this year’s wine harvest, because the grapes are in “hibernation”. Grapes can tolerate temperatures around minus 20 degrees – the Borháló Borkereskedés (Wine Net...

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3.2 million poultry had to be destroyed due to the bird flu

The avian influenza in Hungary infected 233 livestock farms so far. 3.2 million poultry had to be destroyed – Bognár Lajos Chief veterinarian told at a professional forum – according...

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The VAT on Internet use to be reduced to five percent from next year

According to the work plan of the Digital Prosperity program, the VAT on Internet use to be reduced to five percent from 1 January 2018 – Deutsch Tamás Prime Ministerial...

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The Purchasing Managers’ Index is on annual top

The purchasing managers’ index in February increased by 2.5 percentage points to 59.5 points from the 57.0 points of January. This is the highest value of the last year, and...

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