Market News
Growth in retail sales is due to wage growth
Growth in retail sales is due to the growth in retail sales, and the expansion is likely to continue in the coming months – Marczinkó Zoltán István, Deputy Minister of...
Read more
Analysts: the June wage data is a positive surprise
The June wage increase was a positive surprise in terms of the analysts’ consensus and shows the growing lack of skilled workers, and also shows the trend in wage agreements...
Read more
The Food Bank saved almost five thousand tons of food this year
Up to now, with the help of its food industry partners, the Food Bank saved about five thousand tons of food and delivered them to 250,000 people in need. The...
Read more
Meat is the most expensive in Denmark in the EU
The highest meat price in the European Union is in Denmark – the European Union’s Statistical Office the Eurostat revealed on Wednesday. According to Eurostat, the price of meat in...
Read moreThere is no problem with the credit card payments with a secondary internet connection
The number of card transactions in Hungary rises by about 20 million a year, with more and more people relying on cashless payment. Problem occurs only if the terminal does...
Read more
Contaminated eggs – New products were withdrawn from circulation in France
In France, four pasta varieties made from Belgian and Dutch eggs – contaminated with fipronil – were withdrawn from circulation, according to the list of the a French Agriculture Ministry...
Read moreUntaxed tobacco products were found by the NAV at a downtown phone store
The National Tax and Customs Office (NAV) and the police have found untaxed cigarettes and tobacco when a downtown telephone shop and its area were checked –according to the statement...
Read more
Consumer sentiment in the euro area improved slightly in August
Consumer confidence in the euro area has improved somewhat in August, according to a preliminary estimate published by the European Commission on Wednesday. The confidence index increased by 0.2 points...
Read more
Agricultural commodities to form in Africa
A Nigerian startup is developing a new agricultural commodities exchange in Africa’s most populous country to take advantage of the government’s efforts to boost farming output to reduce reliance on...
Read more
Magazine: Optimised online retail
Brandbank’s latest service, Ecommerce Insight makes it possible for manufacturers to fully monitor and analyse the presence and performance of their brands in online shops. Brandbank can create the digital...
Read more
The food industry is the third largest industry in Hungary
The food industry is the third largest industrial sector in Hungary with a production value of about 2,600 billion forints, and is on the 16th place among the EU Member...
Read more
The European apple shortage only helps the Hungarian apple sector temporarily
Hungary is the seventh largest apple producer of the continent; The apple harvest has begun in mid-August and lasts until October. The harvesting is hampered by labor shortages. Hungarian apples...
Read moreThere are fewer shop employees
Since the second quarter of 2016 the number of employees in retail stores has been decreasing, in the second quarter of this year, 23,000 people less was working in the...
Read more
KSH: growth in earnings accelerated again in June
In June, gross average earnings grew 14.4 percent year-on-year, following the previous month’s 12.9 percent increase. The 28.7 percent rise in single premiums and premium incomes has also contributed in...
Read moreOnline banking is spreading slowly among the small companies
Most of the micro and small companies are already banking online, but about 40 percent still personally visit the bank – profitline.hu qutotes the nationwide, representative survey of the Garantiqa...
Read moreThe German economic sentiment has deteriorated
The August economic sentiment index of the German ZEW Institute for Economic Research increased more than expected. The economic sentiment index calculated on the basis of a survey by the...
Read moreCoffee beans can be used for energy production
A study performed a basic test to evaluate the energy value of food waste and ground coffee residue, and measured the calorific value of mixtures of food waste and ground...
Read moreAgricultural Chamber: wheat production is less than last year, but it will be enough
This year, 5 million tons less winter wheat was taken into the granaries, but it will still be sufficient for domestic supplies and around 2.3 million tons can be exported...
Read more
The Nébih found fipronil in Hungarian origin eggs
The laboratory of the National Food Safety Office (Nébih) found fipronil during the egg control action started in early August in a Hungarian-origin fresh egg item with the identification number...
Read more
NFM’s consumer protection control found problems at six out of 59 teaching tools
The National Consumer Protection Control ordered by the National Development Ministry (NFM) controlled color pencils, crayons, tempera, water colors and pen holders, and six of the 59 controlled products did...
Read more
FM: the campaign to promote rabbit meat is effective
The campaign that aims to promote the consumption of rabbit meat is effective. More and more people are looking for the products in the stores – Nagy István, Minister of...
Read more
The number of jobseekers decreased according to the data of the employment service
The number of registered jobseekers fell by 5.9 percent in Hungary over a year, while the National Employment Service (NFSZ) registered 274,700 jobseekers on the July closing date, more than...
Read more
Cofidis: the Hungarians plan to spend the most on holiday and home improvement
Most of the Hungarians (28 percent) plan to spend on vacation this year, followed by school start and home improvement (17-17 percent) among the planned expenditures – Cofidis revealed its...
Read more
Scottish malt whiskey is the best with water according to Swedish scientists
It is a question that has divided whisky lovers for centuries: does the true aficionado add a dash or water, or drink the spirit neat? Now, a team of Swedish...
Read more
Magazine: Our little helpers in the kitchen
The market of kitchen equipment, utensils and appliances is showing a positive trend. Polish manufacturer Dajar makes household products, kitchen furniture and professional HoReCa products. They work with the world’s...
Read more
The Hungarian consumer confidence has not been so high since 2009
The confidence index of Hungarian consumers reached another heights in the second quarter of 2017 with seventy points. In Europe, the average value is 85 points. According to the online...
Read more
Increasing consumption can improve the situation of the rabbit farmers
The consumption of rabbit meat in Hungary needs to be increased in order to stabilize the situation of rabbit farmers – the Parliamentary Minister of State of the Ministry of...
Read more
The financial wealth of households has grown further
In the second quarter, the households’ financial assets increased by 874 billion HUF to 45,963.5 billion HUF and their liabilities increased by 25 billion HUF to 8,577 billion HUF, thus...
Read more
A Gála Celebration began in the Derecske Orchard
A three-day Gála Dinner began on Friday at the Derecske Orchard on the occasion that this year’s first mature Gála apples from those apple trees that were planted during the...
Read more
The Juhfark Festival has started in Somlószőlős
The two-day festival started in the Somló wine region – the smallest wine region in Hungary – on Saturday. The festival was named after the Juhfark, the dominant wine of...
Read more