Market News

Nébih: the freshly squeezed orange juices meet the standards

The National Food Chain Safety Office (Nébih) tested the production and quality of the freshly squeezed orange juices in ten catering units. The products have met the food safety standards...

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Turnover via online cash registers increased significantly

Compared to last year the turnover of online cash registers showed a very significant increase: 16.9 percent in January and 12.9 percent in February – Népszabadság wrote on the basis...

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Webstores can deliver the ordered goods on Sundays

The webstores can also remove the closed table, as the abolition of Sunday store closure also concerns them – Origo wrote. Last year the online retail increased by 16 percent...

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The international chains controls more than two third of Czech food traffic

Large international retail chains control more than two-third of the food trade in the Czech Republic. In Central Europe, this rate is even higher – Zdenek Juracka, president of the...

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PwC: digital switchover can reduce the costs of companies with more than 400 billion dollars a year

The digital industrial revolution may bring more than 900 billionUSD to the companies around the world – according to PwC business consulting firm’s study. The PwC surveyed more than 2,000...

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Nébih found a piece of metal in a 7days croissant

A piece of metal was found in the Polish-produced 7days croissants. The National Food Chain Safety Office (Nébih) received an alarm on Friday on the case. The Nébih told MTI:...

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Online ad costs

The price of a given ad depends on what we want to achieve with it. Advertisements that strengthen a brand work like billboards, they are generally used on well-known, busy...

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Munkatarsaim.hu is one year old

It was more than a year ago that Munkatársaim.hu – a community website for Hungarian employees and companies – was launched. The website’s goal is to give job seekers a...

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Varga Mihály: 25 percent VAT is the long-term goal

According to the Minister of National Economy, the 27 percent VAT rate is high, but there is no free resources available to reduce it in next year's budget. The government's...

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The highly successful swine campaign continues

The Magyar Turizmus Zrt., The Ministry of Agriculture and the Livestock and Meat Interprofessional Organization and Marketing Board (VHT) draws attention to the domestic quality pork products from 20 to...

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Analysts expect further real earnings growth

Analysts interviewed by MTI expect the accelerating growth of real wages and say that the labor shortages in several sectors and low inflation also help the growth. The Central Statistical...

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Budai Gyula: Hungary interested in relieving the Russian embargo

Hungary interested in relieving the Russian embargo, in partial releases of the embargo involving agricultural products – Budai Gyula said on Wednesday in Szentes. Budai Gyula Ministerial Commissioner told at...

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Nébih: a large amount of cabbage and potatoes were withdrawn from circulation

Eight tons of potatoes with Polish origin and 450 kilograms of cabbage with rot bacterial infection of unknown origin were found in Heves county. Both items were destroyed – the...

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Improved consumer sentiment in the euro zone and in the EU in April

Consumer confidence has strengthened in April in the euro zone and in the European Union – according to the European Commission's preliminary flash estimate that was published on Thursday. The...

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The NAV found astonishing volume of illegal tobaccos

A Romanian-Moldovan illegal tobacco factory was operated in Szigetszentmiklós. Three times more cigarettes were seized by the NAV than the total amount seized last year. The National Tax and Customs...

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Job search trends in 2016

According to an online survey organised as part of the Refreshing Help from Soproni programme, nearly half of job seekers think that it is decided in 10-25 seconds whether their...

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Magazine: More cosmetics and household chemical products sold last year

In 2015 retail sales of household chemicals and cosmetics were worth HUF 356 billion – like-for-like value sales were up 6 percent but volume sales stayed put. There was a...

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The Bakers’ Association calls for the reduction of VAT on bread

The Bakers’ Association asks to apply a reduced VAT rate on bread and bakery products – the association informed MTI on Wednesday. They recall that in 2017, the Value Added...

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Nielsen: slice chocolate commercials were seen by the most viewers

Slice chocolate commercials at foods and toothpaste commercials at body lotion reached the most TV viewers in the first quarter this year – according to the data of the Nielsen...

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KSH: the rise in earnings accelerated slightly

In February, the average gross earnings were 5.9 percent higher, while the average net earnings were 7.5 percent higher, due to the 1 percentage point reduction in the rate of...

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Törley and St. Hubertus were included to the Hungarian depository

The Hungarikum Committee at its meeting held on Tuesday in Budapest expanded the Hungarian depository with eight items – the Ministry of Agriculture (FM) told MTI. The more than 130-year-old...

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The Omega band has become the ambassador of the Csabai Sausage

The Omega rock band has become the ambassador of the Csabai Sausage. The agreement was signed on Wednesday in Budapest by Hanó Miklós, deputy mayor of Békéscsaba and two members...

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NGM: 300 billion HUF more for economic development this year

The government raised the Economic Development and Innovation Operational Programme (GINOP) by about 300 billion HUF, so the tendering framework increased to more than 2,200 billion HUF and will be...

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Szijjártó discussed with AmCham leaders

Péter Szijjártó, Hungary’s Minister of Foreign Affairs and Trade and leaders of the American Chamber of Commerce (AmCham) discussed during a meeting on Tuesday, how to improve competitiveness in Hungary...

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Improving economic sentiment in the euro zone

The Mannheim-based ZEW economic research institute’s economic sentiment index for Germany and the euro zone exceeded the expectations in April. The ZEW (Zentrum für Europäische Wirtschaftsforschung) Economic Research Institute’s index...

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Consumer confidence grew again

The consumer confidence index was up once again in Hungary: the 63 points in the 4th quarter was 2 points higher than the index of the 3rd quarter. As a...

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FMCG retail sales decreased early this year

Retail volume sales increased by 1.6 percent from the base period level in January 2016; adjusted for calendar effects, the sales growth was 2.1 percent. Food and food-type retail sales...

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Magazine: Here – and there too’ – International employment structures

In general we can talk about an international employment structure when the place of work changes, and the employee – based on an agreement with their employer – temporary do...

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FM: agricultural economy has strengthened in Hungary

The agricultural economy strengthened and developed significantly in Hungary. Employment and exports increased greatly – the Deputy Minister of State of the Ministry of Agriculture (FM) announced at the four...

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Raiffeisen: 2.2 percent economic growth and 0.5 percent inflation is expected this year

This year Hungary's GDP may expand by 2.2 percent, as the economy is in a growing pit, however, annual inflation will be only 0.5 percent – Török Zoltán senior analyst...

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