Market News
Analysts: real wages may rise by nearly 4 percent this year
Average wages grew by 5.3 percent in November last year. Without counting the public workers, the increase of gross and net wages was 6.1 percent. Compared to the October 2015...
Read moreFAO: innovation in agriculture
UN's Food and Agriculture Organisation’s (FAO), practical recommendations have become available on the world's most important grains: (corn, rice, wheat) that are responsible for 42% of the calories and for...
Read moreTraders can held gift drawings without permission
Traders can held gift drawings without permission and without announcinfg it, but they must meet several conditions – the detailed rules can be found on the website of the National...
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The Croatian Economic Chamber and the NAK signed a cooperation agreement
The leaders of the Croatian Economic Chamber and the Hungarian National Agricultural Chamber signed an agreement on 21 January 2015, in Zagreb in order to deepen the Croatian-Hungarian trade and...
Read moreChanges will affect the food economy
The government investigates the possible elimination of 73 state institutions to reduce bureaucracy. Those background institutions and research institutes, which will cease to exist will be attached to the ministries...
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Negative inflation may come in the euro zone
Plunging oil prices could push eurozone inflation into negative territory during “some months” in the first half of 2016, European Central Bank (ECB) board member Ewald Nowotny said on Friday....
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The focus is on preventing child obesity
Every fourth Hungarian child in the 4-10 age group are overweight. It is high time we improved their eating habits – says Mónika Szilva, communications and marketing director of Nestlé...
Read moreThe consumption of meat can continue to decrease in the EU countries
In agriculture, emissions of greenhouse gases (GHG) are expected to decline slightly by 2025, through the expected decline in cattle breeding – the agrarszektor.hu cites the European Commission. It is...
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KSH: earnings preceded inflation
Average wages grew by 5.3 percent in November last year. Without counting the public workers, the increase of gross and net wages was 6.1 percent. Compared to the October 2015...
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GKI: the Hungarians are not familiar with mobile payment apps
The Hungarians are not familiar with mobile payment applications. The spinning up of the market is expected from payment options integrated into community marketplaces such as Uber and from the...
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Lázár: There will not be national liquor stores
Lázár János denied on Thursday that the government plans to establish national liquor stores – index wrote. The Minister leading the Prime Minister’s Office responded to the article of Figyelő...
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Price drop and support on the dairy market
The dairy farmers can expect price subsidies – Minister János Lázár leading the Prime Minister's Office Announced. The intervention is Justified by the FACT harm the animal breeders Nowadays fail...
Read moreInvestment mood of SMEs increased by the end of the year
In December 2015, the Growth Loan Program’s (NHP) credit and lease agreements, as well as disbursements increased sharply. In the second phase of the NHP, the Budapest Bank group signed...
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Magazine: The dos and don’ts of dating
First and foremost one has to end their previous relationship in a positive fashion. Why is this important? Because we are likely to project anger or guilt onto the next...
Read moreFM: The food traceability is a precondition for competitiveness
The food traceability is a precondition for competitiveness, because the consumer wants to buy guaranteed safe food products – the Minister of State of the Ministry of Agriculture (FM) said...
Read moreNielsen: sales strategies to encourage the purchase without borders
The online commerce is extending towards the mobile Internet, and the new technologies create unprecedented access to different products. The demand in local stores will no longer limit the consumers'...
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Budai Gyula expects the lifting of the Russian embargo
Among the EU Member States, more and more people believe that the maintaining of the Russian embargo is useless, so chances are good that the issue will be solved in...
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Soybean production is ramping up by the EU’s direct subsidies
One of the biggest challenge for crop producers last year was the convertion to the European Union’s direct aid. Among the new support conditions soybeans have become hit products, while...
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Russian shopping centers on a roller coaster
According to the practice of the recent years, New Year’s Eve brought the the highest retail sales in Russia, because the Orthodox Christmas begins on January 7. According to the...
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Prices in the EU and in the euro zone increased slightly
Inflation rose slightly in December in the euro zone and in the European Union – the EU's statistical office, the Eurostat announced on Tuesday. Compared to the previous year, consumer...
Read moreThe Hungarian companies issue invoice abroad more than the European average
In Hungary, significantly more invoices are issued to the companies' foreign partners than at the European average. In the last two years, this occured mostly in retail and wholesale trade,...
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Ukraine imposed a ban on imports of Russian vodka and tobacco
The Ukrainian government banned seventy types of Russian products on Wednesday in Kiev – Arszenyij Jacenyuk prime minister announced. The disposal of Ukrainian Cabinet of Ministers to impose an embargo...
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European Commission to implement ‘digital’ VAT reform
In the European Union the biggest challenge ahead of e-commerce businesses that deliver abroad is the different VAT systems of various countries. The European Commission (EC) started a dialogue with...
Read moreThe NAV has published the list of the pork products falling under the 5 percent VAT
The information on the list of the pork products falling under the 5 percent VAT has been released on the website of the National Tax and Customs Authority. The half-carcases,...
Read moreThe Nébih and the beekeepers together for the Hungarian honey
The beekeepers and the food safety authority will protect the quality Hungarian honey together in the future – the National Food Chain Safety Office (Nébih) told MTI on Tuesday. According...
Read moreThe local government of Gyula plans to build a huge swine processing plant
The local government of Gyula is working on the plans of a huge swine processing plant that would be capable to cut and process nearly one million pigs. Such a...
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GINOP: more than 1,000 billion HUF for economic development
More than 1,000 billion HUF new source will be available for economic development and innovation, research and development in 2016 – the Ministry of National Economy (NGM) informed on Tuesday....
Read moreIMF: global economic growth accelerates slower than expected
The International Monetary Fund (IMF) once again cut its outlook for the world economy, warning Tuesday that economic turmoil in China and financial contagion throughout emerging markets threaten to curb...
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The Hungarian National Trading House provided the participation of two Hungarian startup companies in Las Vegas
The Hungarian National Trading House (MNKH) provided the participation of two Hungarian startup companies for the first time at the innovative technologies exhibition in Las Vegas. Ducsai-Oláh Zsanett CEO of...
Read moreGerman and eurozone economic sentiment worsened at the beginning of the year
The German economic sentiment deteriorated less than expected in January, underlining optimism over the health of the euro zone's largest economy, industry data showed on Tuesday. In a report, the...
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