Market News

Analysts: inflation may remain below 2 percent this year

In the next few months prices can start to increase moderately, but the annual average inflation may remain below 2 percent – macroeconomic analysts told MTI. In response to the...

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More than half of the loans aimed at investments could not be achieved without the NHP

The small and medium-sized companies could not taken up more than half of the loans aimed at investments, without the growth loan program (NHP), which significantly contributed to the strengthening...

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Private consumption is the engine of the German economy

The German economy increased by 1.7 percent last year. It is the highest growth in the past four years – according to the first estimate of the German statistical office...

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Corporate social responsibility may increase

According to Deloitte’s research carried out among Bulgarian, Czech, Kosovan, Latvian, Lithuanian, Hungarian, Romanian, Serbian, Slovak and Slovenian CSR managers, the companies in Central Europe have a tremendous responsibility in...

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Grain Producers: he plants can tolerate the lower and higher temperatures as well

Vancsura József, president of the National Association of Grain Producers (GOSZ) told MTI on Wednesday that the changeable weather is not a problem for winter cereals because the plants can...

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The industrial tomato is the big winner

The production of vegetables declined by about one hundred thousand tonnes last year, mainly due to the Russian embargo, however, the production of industrial tomato cultivation increased, and there is...

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Pumpkin is becoming increasingly popular

After Nagydobos, Tarnaszentmiklós also tryes to become a pumpkin village. Landraces cannot be found here, but according to the locals, this is more an advantage than a disadvantage, because the...

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New Putin fragrance goes on sale in Moscow

It’s soft but at the same time it’s very firm as it is expected from decision makers. The perfume called Number One and inspired by the Russian President Vladimir Putin....

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EU food aid: it is not known when the packages will be distributed

Food packages are distributed to the needy in Romania for many years with the support of the European Union, usually before Christmas. In the early years the municipalities directly arranged...

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Let’s make Hungarian food products competitive!

At the end of November the Federation of Hungarian Food Industries (ÉFOSZ) organised an open roundtable discussion on the future of the Hungarian food industry. ÉFOSZ president Tamás Éder told...

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Retail sales kept growing in September

After the 4.6-percent growth in August, retail volume sales improved by 5.1 percent from the base period level in September 2015. Food and food-type retail sales increased by 3 percent...

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Poultry Product Council: the impact of VAT reduction can not be felt in case of fowl meat yet

The impact of pork VAT reduction can not be detected in the evolution of turnover of poultry meat – the Professional Advisor of the Poultry Product Council (BTT) told MTI...

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Fazekas: demand for pork increased

The traffic data and the customer interest has confirmed that the 27 to 5 percent VAT reduction on pig carcase meat was a right decision – the Minister of Agriculture...

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NFH: an internet lab filters out the websites that mislead consumers

The consumer protection investigations continue to focus on to protect the consumers’ physical integrity, health, and the security of property. The checks shall extend to comply with the changes in...

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New form of illegal shops

Grocery store, florist, car repair shop and liquor store – just a few of the businesses operating without licenses at home. Mainly citizens brought the authorities’ attention to these black...

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VAT cut: the traders are waiting for an answer

This week it will be cleared that which products are belonging to the five percent VAT. The VAT reduction on pig carcase meat is in force from 1 January. In...

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SMEs expectations for 2016

The SME confidence index of the K&H – that shows the domestic business expectations – slightly declined. The index decreased by two points to -11 points. The SMEs expect worse...

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Profession.hu: young men are more likely to receive a reward

Half of the employees receive some reward for their performances at the end of the year. Men are more likely to receive a reward or bonus for men, especially the...

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The toll system is succesful

The toll system performs better. The passenger car and truck owners paid 243 billion HUF to use the roads. Who bought e-sticker paid 57.8 billion HUF, those people who use...

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Better start the day with breakfast!

Breakfast is the most important meal of the day. On one hand, at least 8-10 hours pass between dinner and waking up in the morning, without food or liquid. You...

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NAK: the pig Strategy’s results can already be seen

According to professional organizations of the pork marke,t the first results of the pork strategy can already be seen. Pig breeding increases in Hungary, while the impact of VAT reduction...

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OKSZ: digital price tags do not need to be swapped constantly

Digital price tags make the shopping process smoother, because the customers can face with actual prices – the Secretary-General of the National Retail Federation (OKSZ) told M1 news channel on...

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There is life after Christmas on the online market place

The online auction and advertising forums are carrying out higher turnover after Christmas, because many people sell their unnecessary gifts or older household objects – Népszabadság Online wrote. The portals...

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Forint is undervalued according to the Big Mac index

According to the the latest Big Mac index, the Forint is undervalued. It needs to strengthen much to find a balance against the euro and the dollar – the vg.hu...

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VAT reduction in Slovakia

From January, the Slovak state reduces the Value Added Tax (VAT), however the few eurocents will hardly be noticed by the majority of the customers. According to Robert Fico Prime...

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The decline in US rail freight forecasts an economic slowdown

Railroad cargo in the U.S. dropped the most in six years in 2015, and things aren't looking good for the new year – Bloomberg summons the analysis of Bank of...

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Swiss retail sales fell sharply

Real turnover in the Swiss retail sector adjusted for sales days and holidays fell by 2.1 percent in November 2015 compared with November 2014 (in nominal terms -3.9percent). Real, seasonally...

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Almost no inflation

Compared with October 2014, consumer prices grew by 0.1 percent in October 2015. Grocery prices rose 1.7 percent. Seasonal product prices augmented: potato, fresh vegetables and fruits cost 17.3 percent...

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KSH: the value of import increased significantly

In November 2015, the value of exports in euros increased by 6.5, and imports increased by 7.7 percent compared to the November of the previous year, while the monthly balance...

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Bisnode: the number of companies continued to decrease

Company establishing mood is weakening in Hungary for the fourth consecutive year. As a result in 2015, 16 percent less, about 25 thousand new enterprises were established – the Bisnode...

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