Market News
The digital transformation in economic growth is becoming increasingly important
The digital transformation, the industry 4.0 plays an increasing role in economic growth – Lepsényi István, Minister of State Secretary of the Ministry of National Economy (NGM) stressed on Tuesday...
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The Nébih seized a tonne of meat in Nébih
The National Food Chain Safety Office (Nébih) prohibited the marketing of almost one tonne of meat and ordered its destruction, after an inspection in Baranya County – the authority told...
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Spirits forgers were busted
Up to 75 hectoliters of alcoholic beverages could have been marketed from the fake material found in Polgár, Hajdú-Bihar County. The financial investigators of the National Taxes and Customs Administration...
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Economic sentiment has deteriorated in the euro area in January
Economic sentiment in the euro area has deteriorated in January, but it remained close to the 17-year peak reached last month. According to a report released on Tuesday by the...
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The Polish president signed the law restricting the shops to open on Sundays
On Tuesday, the Polish President Andrzej Duda signed the law restricting the opening hours on Sundays. The law enters into force on 1 March. The stores have to be closed...
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From the spring, the acrylamide content of foods should be reduced
The Decree on the mitigation of levels for the reduction of acrylamide in foodstuffs should be mandatory used from 11 April 2018 – the National Food Chain Safety Office (Nébih)...
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Fidelity: International stock outlook: global recovery
It has been a banner year for US stocks, but internationally things have looked even better. International stocks, as measured by the MSCI All Country World Index (ex-US), were up...
Read moreNGM: growth in retail sales by the end of the year
Retail sales increases further in the last two months of the year, partly due to the spendings on holidays – Pomázi Gyula, Deputy Minister of State responsible for Industry Strategy...
Read moreFazekas discusses the preservation of agricultural subsidies
Fazekas Sándor, Minister of Agriculture is negotiating over the post-2020 support system for the Common Agricultural Policy (CAP) at the International Grüne Woche exhibition in Berlin – agrarszektor.hu wrote. The...
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The hail-reduction system will start from May
From May it is possible to use the Jéger, the hail damage reduction system in the whole country – agrarszektor.hu wrote. However, according to the experiences of insurers and the...
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Nébih: the second tranche of the surveillance fee must be paid by the end of January
The deadline for payment of the second tranche of the food chain management fee expires on 31 January – the National Food Chain Safety Office (Nébih) pointed out. According to...
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Thousands of false condoms were seized by NAV
More than eight thousand packs of protected branded false condoms were seized by the National Tax and Customs Office – the Tax Authority informed MTI. The staff of NAV’s Pest...
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Dietitian: there are many misconceptions about children’s diets
There are a lot of misconceptions about children’s diets. The arents especially find these misconceptions on the Internet, – Lukasz Rebeka, dietitian told M1 news channel. The expert said that...
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Robotized vegetable production to come
An American company establishes a “vegetable factory” in a settlement of California’s Silicon Valley, where they will produce salad and herbs under the supervision of a robot system. The robot...
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Bank lending in the euro area has slowed
The growth in companies’ bank lending outside the financial sector slowed down in the euro area in December and retail lending stagnated, according to the monthly report of the European...
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The larger the seed mass, the smaller the spread
The larger the seed of a plant species, the narrower the area of distribution – this hypothesis was confirmed by the staff of the MTA-DE Impact Functional and Restoration Ecological...
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Magazine: Robots are the new steam engines: industrial revolution reloaded
We are living in the age of the fourth industrial revolution and this will result in major changes in the FMCG market as well. According to Balázs Tordai, head of Industry...
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Nébih: all pork bolognas have met the requirements
The National Food Safety Authority (Nébih) tested thirty kinds of pork bolognas, during its latest product test. All of the tested products met the criteria from a food safety point...
Read moreBeer consumption increased last year
Beer consumption in Hungary is usually influenced by weather. However, this year’s football world championship can increase the quantity and value of beer consumed by Hungarians. Craft and premium beers...
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Censuses in the orchards again
There will be orchard census in Hungary between 14 February and 16 April. Compared with previous censuses, the list of fruit species is expanding – agrarszektor.hu wrote. According to the...
Read moreThere is a need for a strong EU common agricultural policy with adequate resources
The EU’s common agricultural policy must serve quality, natural and healthy food production. Hungary supports GMO-free production, while the farming policy must also help ensure the livelihood of the rural...
Read moreRetail sales rose in Russia last year
Last December, retail sales growth was higher than expected, while unemployment stagnated as expected. In December last year, the country’s retail sales grew by 3.1 percent year-on-year after the 2.7...
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Fuel consumption increased by more than 3 percent last year
Last year, fuel consumption grew by 3.3 percent, to almost 3 billion 469 million liters, including gasoline demand by 3.4 percent and petrol by 3.2 percent year-on-year. According to the...
Read moreMany Americans spend more on coffee or on a gift than investing
Last year, three Americans spent more on coffee than on investment – according to the Acorns financial application. According to the survey – that involved 3,000 adults aged 18-44 –...
Read moreThe growth of the Chinese smartphone market has stopped
After eight years of continuous expansion, the sales of smartphones declined in China last year, but the sales of some domestic manufacturers have been growing steadily. Sales of mobile phones...
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Eurostat: 2.03 percent of the EU’s GDP was spent on research and development last year
The Member States spent 2.03 percent of the European Union’s gross domestic product (GDP) on research and development (R & D) last year, just as in the previous two years....
Read moreSmaller yields caused one hundred billion HUF reduction in revenue to the cereal producers
Last year about 13 million tons of grain were produced in Hungary, which is 2 million tons less than in the previous year, and the loss of yield caused about...
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It is strategically important for the Takarék Group to finance agriculture
The financing of agriculture is strategically important for the Takarék Group. The Takarék Group would raise its market share of 22-23 percent to 27-28 percent by 2021 in this area....
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NGM: The demand for industrial goods increases retail turnover
As the result of investments from household savings, the trade of non-food products continues to grow further this year – the Deputy Minister of State of the Ministry of National...
Read moreFM: wages need to be increased in the gardening sector
Wages need to be increased in the horticultural sector, which is only possible through the increase of productivity and investment willingness – the Deputy Minister of State of the Ministry...
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