Market News
The US consumer sentiment index declined in April
The consumer sentiment index in the United States declined in April, but at the same time it is near its 16-year peak. The Conference Board Consumer Confidence Index®, which had...
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KSH: Retail sales increased by 0.8 percent
The volume of retail sales increased by 0.8 percent in February according to the raw data, compared to the same period of last year – the Central Statistical Office (KSH)...
Read moreAnalysts say that the halt in retail sales is only transient
The slowdown in retail trade in February could be temporary, according to macroeconomic analysts interviewed by MTI. Ürmössy Gergely, senior macroeconomic analyst at Erste Bank said that the slowdown in...
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The MOSZ would strengthen the position of farmers
Deterrent penalties should be imposed on the purchasers, who do not pay to the producers by deadline – agrarszektor.hu described the analysis of the National Federation of Agricultural Producers (MOSZ)....
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The market for durable consumer goods continues to grow in Hungary this year
Last year, the sales of durable consumer goods increased by 6.8 percent – the latest analysis of the market leader credit insurer reveals. According to the analysts of Atradius, the...
Read moreConscious consumer behavior has intensified
The conscious consumer behavior has intensified. Everyone wants to know more about the food they buy – Fazekas Sándor Minister of Agriculture said in Gödöllő at the Conference on Environmental...
Read moreGKI: business optimism is reflected in the business cycle index
In April, GKI’s business cycle index did not change, which continues to reflect strong business optimism, with significant deterioration in consumer expectations – the GKI Economic Research Co., told MTI....
Read moreFM: Genetic conservation strategy is before administrative conciliation
Soon, the administrative reconciliation of the gene retention concept strategy begins. The draft aims to protect the indigenous plant and animal species of the Carpathian Basin, Fazekas Sándor, Minister of...
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Google extends its digital workshop program to the Hungarian SME sector
Google extends its digital workshop program to the small and medium-sized enterprises (SMEs) in Hungary. This year, the company wants to reach at least 15,000 SMEs in order to contribute...
Read moreNew annual brewery record in the Czech Republic
A record amount of 20.5 million hectoliters of beer was brewed last year by Czech brewers – the representatives of the “Czech breweries told at a press conference in Prague...
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The sales of traditional computers grew in Central and Eastern Europe
In the first quarter, the sales of traditional PCs grew in the Central and Eastern European region – the International Data Corporation (IDC) market research firm reveals. According to a...
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Italiagro recruits farmers for buffalo breeding
Mezőtúr company Italiagro Kft. is recruiting farmers for buffalo breeding, in order to get milk for mozzarella production. Italiagro’s consultant Zoltán Takács told that in the soon-to-be-launched Young Farmer Grant...
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MAHAL expects the increase of fish consumption from the VAT cuts
According to the Hungarian Fisheries and Aquaculture Association (MAHAL), the planned reduction in the VAT on fish meat could reduce fish prices by 15 percent, stimulate consumption and encourage all...
Read moreIf the acacia blossom freezes, little honey is expected
If, as the result of the extreme weather of recent days, the acacia blossom, which is the main source of nectar in Hungarian beekeeping, freezes a bad honey production is...
Read moreNGM: every element of the ekáer will be modernized by the end of the year
By the end of the year, all elements of electronic road traffic control system (ekáer) will be electronically earmarked as planned – Molnár Tamás, Deputy Minister of State of the...
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Application to promote healthy nutrition was announced for schools
The Ministry of Human Resources (Emmi) has published an application called Cool Canteens in School for the promotion of healthy eating and lifestyles. Novák Katalin, Minister of State of the...
Read moreThe economies of Central and Eastern Europe began the year strong
According to London financial analysts, the preliminary data show that the EU economies of Central and Eastern Europe had a strong growth performance in the first quarter. One of the...
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Twenty-four tons of unmarked potatoes were destroyed
Twenty-four tons of completely unmarked potatoes were seized by the National Food Chain Security Office (NÉBIH); The consignment was destroyed – the authority told MTI on Friday. According to the...
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The development of agro-economic relations with Ukraine is primary
The development of agro-economic relations between Ukraine and Hungary is primary – Bitay Márton, Minister of State of the Ministry of Agriculture (FM) said on Friday in Kisvárda, Szabolcs-Szatmár-Bereg county....
Read moreCigarette smugglers were caught in Ásotthalom and Röszke
The finance officers found several million HUF worth cigarettes without tax stamps in the converted cars of smugglers in Ásotthalom and Röszke – the National Taxation and Customs Office (NAV)...
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Nielsen: it’s better if it’s green
Environment-conscious aspects are increasingly gaining ground in the consumers’ choices are. Local goods and sustained companies are gaining ground in retail – Nielsen reveals. One third of the Hungarians are...
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KSH: earnings rose further
In February, gross and net average earnings were 10.7 percent higher than a year before, following a 10 percent rise in January, the Central Statistical Office (KSH) reported on Thursday....
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FruitVeb: rain was good for the horticulture and the orchards
The rainfall of the past two days was good for the agriculture and the orchards. The rain partially replaced the lack of moisture in the soil, while snow caused only...
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Analysts: gross wages can increase by 10 percent this year, real wage growth can be between 7-8 percent
Gross wages may increase by around 10 percent this year, while real wages – calculated with a 2.4 to 2.5 percent inflation rate – may rise between 7-8 percent, according...
Read moreVarga Mihály: No plans to amend the retail law
There is currently no plan to modify legislation affecting retail trade – the National Economy Minister announced on Thursday. Varga Mihály, at a press conference organized on other topics, added...
Read more(HU) A Miskolci Egyetem, a BorsodChem, a Bosch és az ÉMI együttműködésében valósul meg az új projekt
Sorry, this entry is only available in HU....
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Horticulture sector to be better-organised
For a 5-year period the government has earmarked HUF 150 million for making the horticulture sector better-organised. According to the Ministry of Agriculture, the proportion of production cooperatives needs to...
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EU funding for improving the conditions of habitats
By 2020 the quality of natural habitats will improve on more than 100,000 hectares of land, thanks to HUF 3,400-billion EU-funding in the current budgetary cycle – calculated together with...
Read moreItaliagro recruits farmers for buffalo breeding
Mezőtúr company Italiagro Kft. is recruiting farmers for buffalo breeding, in order to get milk for mozzarella production. Italiagro’s consultant Zoltán Takács told that in the soon-to-be-launched Young Farmer Grant...
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Magazine: Passion. Strategy. Content.
What does it take to turn a small project company into a key market player in 15 years? Morpho thinks all you need is passion, a strategy and quality content...
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