Events

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Nébih: a large amount of cabbage and potatoes were withdrawn from circulation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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The consumer protection authority tested baby cosmetics

The experts of the consumer protection authority found problems in 6 cases among the 40 kinds of baby cosmetics. In a microbiological point of view, all product have passed the...

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Half of the Hungarian population does not collect drink cans separately

About half of the Hungarian population does not collect the milk and juice boxes separately – the Beverage Carton Environmental Protection Association’s (IKSZ) new nationwide representative survey reveals. The survey...

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Instead of Sunday store closure the Romanian shops would be obliged to sell more domestic food products

The commission of the Romanian house of representatives rejected the Sunday store closure initiative on major stores, however would oblige the commercial chains to sell more domestic food products –...

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Jesus' age beer was brewed from two thousand year old grains in Jerusalem

A Jerusalem brewery has produced a craft beer with a taste it says dates back to the time of Jesus. A sip of the concoction may help explain why wine...

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Faith in loans

According to the Deloitte-Scale BankIndex survey, Hungarian consumers’ attitude towards the banking system and banking services kept improving last year. Deloitte Zrt. partner Ákos Demeter told that the level of...

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Value sales up, volumes sales down

Last year 1 percent less insecticide and insect repellent products were sold in FMCG retail than in 2014, but value sales grew by 5 percent. The size of the annual...

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Analyst: the VAT reduction will pull down inflation

Until the submission of the budget, the impact of measures can not be seen accurately, but it is certain that the VAT reduction on several product groups will pull down...

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That is how food prices increased in the past 10 years

On the basis of the data of the Central Statistical Office, penzcentrum.hu collected how food became more expensive in the past 10 years. Here's the list: Pork: 1000 HUF ->...

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The NFH closed 14 stores for five days, due to the infridgement of the Sunday store closure

In one year, the National Consumer Protection Authority (NFH) received 27 notifications, in which the informers complained that shops were open despite the law on Sunday store closure – the...

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The Chamber of Agriculture would extend the village consultant network beyond the border

The Chamber of the National Agricultural Economics (NAK) made a proposal to extend the village consultant network beyond the border at the Carpathian Basin Hungarian Farmers Co-ordination Forum (KEF) –...

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Chatbots may substitute us to order meal or pay invoices

One of the greatest science fiction cliché may be realized: the chatting, command – abiding computer – origo.hu wrote. “We may be witnessing the beginning of a new era –...

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