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Eurozone inflation hit another record high in February
The eurozone’s annual inflation rate rose to a new record 5.9 percent in February this year from 5.1 percent in January, the European Union’s statistical office Eurostat said on Thursday....
Read moreOECD: the crisis could take more than 1 percentage point of the global economy’s growth this year
The war in Ukraine could take more than a percentage point of the world’s economic growth this year and drop inflation by two and a percentage point. In its first...
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AM: tillage machine is a combination of common sense and technology
We are living in a period of technological revolution on the regulatory, environmental and market side. From time to time we have to find good solutions for economical production, even...
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AM State Secretary: The area covered with wood is constantly growing in Hungary
The area covered by forests, wood and shrubs is continuously increasing in Hungary, and its share is already 25.4 percent, according to the national forest inventory, the Minister of State...
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An abundance of prizes in the display design contest for students
POPAI Hungary organised its POPAI Student Design Awards competition for the third time. The event’s main sponsor was SPAR and its theme sponsor was PICK. University students studying design were...
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AM State Secretary: The area covered with wood is constantly growing in Hungary
This year’s government decree declared the expansion of mapei Kft.’s salt well factory to be a priority investment from the point of view of the national economy, and the company...
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Magazine: Self-knowledge is the most important skill in the 21st century
In the latest Future Talks podcast episode Szilvia Krizsó talked to Krisztián Steigervald, generations expert. The article features parts of the conversation that you can listen to at futuretalks.hu. –...
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Pigeon meat is becoming more and more sought
According to Barabás János, pigeon breeding expert interviewed by Agrárszektor, also mentioned that, although not in Hungary but abroad pigeon meat and its products are beginning to be recognized again....
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According to one analysis, labor shortages are still expected by most businesses
The majority of enterprises still expect a labor shortage, and according to most of them the situation will be even more serious – the Institute of Economics and Entrepreneurship of...
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Ukrainian wheat and corn production is at risk
Much of Ukraine’s grain exports could end this year, leading to serious food problems, according to agrarszektor.hu. ING Bank and the U.S. Department of Agriculture (USDA) estimate that Ukraine would...
Read moreChinese industry and retail sales grew significantly in the first two months of the year
Chinese industry and retail sales grew significantly in the first two months of the year, with growth rates well above analysts’ expectations. Industrial production rose 7.5 percent year-on-year in January-February...
Read moreU.S. retail sales increased in February
In the United States, retail sales grew moderately in February as lower prices were paid for other products due to higher fuel and food prices, and this will certainly be...
Read moreAt the end of February, 715,000 foreigners were working in the Czech Republic
At the end of February, at the start of the Russian attack on Ukraine, before the wave of migration began, a total of 714,529 foreign nationals worked in the Czech...
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Prepared domestic businesses can accumulate state subsidies
In addition to investment grants, a number of energy efficiency and R&D resources will be available to Hungarian companies in 2022, EY pointed out at its online event. Companies also...
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Auchan invests in the future: it gives new life to clothes
From mid-March, Auchan will take another revolutionary step towards sustainability by giving high-quality second-hand clothes a new chance. The company is building very consistently in this area, for example, it...
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Year of the Tiger – and struggles too
2022 is the Year of the Tiger and the astrologists say it will also be full of struggles, but luckily our efforts will bear fruit. Looking back on the last...
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OECD-FAO Agricultural Outlook presents production, consumption, trade and price trends for the coming decade
With less than 10 years until the 2030 deadline for achieving the UN Sustainable Development Goals (SDGs), governments need to step up their efforts to meet global food security and...
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Magazine: Future-resistant food industry: What does crypto mining have to do with stevia?
Rethinking is necessary Food futurist Júlia Dalmadi was the guest at the January 2022 meeting of the Chain Bridge Club. She told that there is growing demand for the food...
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Companies’ efforts to increase prices did not ease in February either
GKI’s economic sentiment index fell in February after a January rise, within the statistical margin of error. According to a survey conducted by GKI Economic Research Co. with the support...
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Coface: Economy under double press: Russian-Ukrainian crisis could lead to stagflation
The escalation of the conflict in Ukraine and the invasion of the latter by the Russian military on 24 February has triggered turmoil in the financial markets, and drastically increased...
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Why can fluorinated packaging be dangerous?
Perfluoroic and polyfluorinated alkyl compounds are becoming increasingly challenging for both food safety and environmental protection. The “supermaterial”, which is widely used in places ranging from clothes to hand creams...
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Chinese industry and retail sales increased significantly in the first two months of the year
Chinese industry and retail sales grew significantly in the first two months of the year, and the pace of expansion far exceeded analysts’ expectations of a slowdown in growth....
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Caola Zrt. is building a new factory
The foundation stone of the 4000 sqm production hall, which will be built on the martonvásár industrial park area later this year, has been laid. The investment was made in...
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Domestic organic farming can develop along a new action plan
The Ministry’s National Action Plan for the Development of Organic Farming, published by the Ministry of Agriculture, sets out a strategic vision for 2027....
Read moreConsumer sentiment in the United States deteriorated in March
Consumer sentiment in the United States deteriorated more than expected in March due to concerns about high inflation. The consumer sentiment index fell from 62.8 points in February to 59.7...
Read moreOECD: growth in the G20 slowed in the last quarter of last year
Economic growth in the G20, which brings together the 19 largest economies and the European Union, slowed in the last quarter of last year compared with the previous quarter. According...
Read moreZEW’s economic sentiment index in Germany decreased in March
The economic sentiment index, which reflects 6-month German investor expectations, fell more than expected – according to the March survey by the ZEW economic research institute. The indicator fell to...
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Hand in hand
In this article, we have made an attempt to map the most probable shopping trends showing up in 2022. Just for me and right now A Retail Customer Experience study...
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Magazine: It is the taste of ham that matters, not its size
It is high season for ham before Easter, but this time of the year is only one stronger period in a diverse category that realises a good sales performance throughout...
Read moreRetail chains are open to refugee employment
There is a shortage of labour at both smaller and larger retail chains in Hungary, and therefore companies are open to employing those fleeing the war in Ukraine, the Secretary...
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