News and articles
In January, GKI’s consumer confidence index rose to a two-year high
According to a survey conducted by the GKI Gazdaságkutató – with the support of the EU – in January, the public’s expectations improved significantly compared to December, so the consumer...
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iBanFirst foreign exchange market outlook: Euro, dollar and forint forecast for the first quarter of 2024
Entering the year 2024, the economic dynamics will create new trends in the foreign exchange market, which will also present new opportunities and challenges for foreign exchange traders. With its...
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Members can count on NAK not only as a public body, but also as a service provider
In the past year, the National Chamber of Agrarian Economy helped its members with many services in the field of laboratory services, agricultural insurance, and various trainings. In the past...
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The recycling of a type of waste that has been buried so far is solved
Hamburger Recycling Hungary Kft. is putting a unique machine line into operation in Hungary. The technology opens up the possibility of recycling industrial strapping tapes that are widely used in...
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Microplastic contamination found in 90% of protein samples, including plant-based food
Microplastic particles have been identified in 88% of protein food samples tested in a new study by Ocean Conservancy and the University of Toronto, Canada. The samples were drawn from...
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AM: the deadline for the electronic upload of the Business Diary is extended by two weeks
The Ministry of Agriculture (AM) will extend the deadline for the electronic upload of the Farming Diary by two weeks, until February 15, 2024, and a larger IT system update...
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FreshDirect restructures corporate division, cuts jobs
The layoffs come two months after Ahold Delhaize USA announced it was selling the online grocery service to rapid delivery firm Getir. FreshDirect plans to restructure its corporate division and...
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Danone to close yogurt factory in Spain
The Alpro producer said the decision was made to boost “the competitiveness of brands” and improve “industrial efficiency”. French dairy giant Danone has confirmed it intends to shut its dairy...
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MOHOSZ: an application will help fishermen from this year
Starting this year, the Hungarian National Fishing Association (MOHOSZ) will help those with a Hungarian fishing card with an application, the organization told MTI on Monday. The application provides a...
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See and eat Naples – Video of the day
The giant Neapolitan sandwich is made with stracciatella buffalo cheese, tarallo pretzel crumbs, marinated ham and lots and lots of sun-dried tomatoes. Simple, isn’t it? Click on the picture for...
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Is elite sport the key to business success? – five good tips from Áron Szilágyi
Swordsman Áron Szilágyi has already written himself into sports history, as there was no previous example of someone winning in individual elimination sports at three consecutive Olympics, and even if...
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Whiskey at the top – Picture of the day
At the top and above: the base of the premium bourbon glass is shaped like Mount Everest. We don’t want to see more than that (maybe after the third glass...
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KSH: prices increased by 5.5 percent in December and by an average of 17.6 percent in 2023
In December 2023, consumer prices exceeded a year earlier by an average of 5.5 percent, and compared to November, they decreased by an average of 0.3 percent. In 2023, compared...
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NGM: the fight against inflation has entered a new phase
The fight against inflation entered a new phase after the rate of currency deterioration in Hungary dropped to a significantly lower than expected level in December, said the chief economist...
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Inflation dropped to 5.5% in December
Slightly more favorable than expected, inflation decreased to 5.5%, a two-and-a-half-year low, in December from the 7.9% annual rate of price increase measured in the previous month, while the revaluation...
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A pleasant surprise arrived at the end of last year
The inflation data for December was published this morning by the Central Statistical Office. Consumer prices fell by 0.3 percent on a monthly basis, and the annual index thus fell...
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GVH: the online price monitoring system also contributed to the favorable development of food prices
In addition to government and central bank measures, the online price monitoring system operated by the Economic Competition Authority (GVH) also contributed to the favorable development of food prices, the...
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MMOSZ: The labor market may become tighter in 2024
“We can expect an increase in employment in our strengthening economy,” said Gábor Csizmadia, the president of the National Association of Hungarian Labor Employers (MMOSZ), which employs 200,000 workers through...
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Paying taxes and contributions is changing, pay attention to that!
Due to the change in the minimum wage at the end of 2023, companies and non-taxable individual entrepreneurs will have to pay higher taxes and contributions by December, K&H points...
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From now on, not everyone can order cash on delivery in domestic webshops
It is often a challenge for online stores that some of the packages ordered by cash on delivery are not picked up by their customers, causing serious costs in terms...
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The price monitor has been expanded
The price monitor has been expanded, the system now shows the daily prices of 78 product categories. The products most often consumed by those following a special diet have been...
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Information on the electronic upload of the Business Diary
The Ministry of Agriculture has extended the deadline for the electronic upload of the Farm Diary by two weeks, until February 15, 2024, and a larger IT system update package...
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DS Smith’s sustainable industrial packaging won an award at the global WorldStar Awards
DS Smith, a leading supplier of sustainable packaging solutions among the world’s best. The company won an award in the transit category at the WorldStar Awards organized by the World...
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A priority goal is to improve the soil condition
Improving the condition of the soil and increasing the water retention capacity is a priority policy goal, which is supported by the new Common Agricultural Policy with more tools than...
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Szeged researchers investigated the power-generating ability of green algae
The staff of the Szeged Biological Research Center (SZBK) have identified a strain of green algae capable of producing up to ten times more electricity than previously known species –...
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The first store of a large British chain opened in Hungary
The long-established British retail chain, WHSmith, entered a new market and opened its first store in Hungary. The 1,200 square meter store is located on the departure side of Terminal...
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The antibiotic distribution reporting interface for wholesalers of veterinary medicinal products has been opened
Wholesalers can submit their annual report on the distribution of antibiotic-active veterinary medicinal products until March 1, 2024. Data can be provided through the Customer Profile System of the National Food...
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IFF, Unilever and Dutch food scientists ally on plant-based flavor profiles
International Flavors & Fragrances (IFF) has spearheaded a collaborative four-year research initiative with Unilever and Wageningen University & Research (WUR) in protein-flavor interactions to address flavor challenges in plant-based meat...
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The parliament in Slovenia gave a vote of confidence to the new Minister of Agriculture
In the extraordinary session of the Slovenian Parliament on Friday, Mateja Calusic was voted to be the new Minister of Agriculture, Forestry and Food. According to a report by the...
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