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KSH: employment decreased in January
The average monthly number of employees was 4,537,000. Partly as a result of the pandemic, partly due to seasonal effects, the number of employees decreased by 97 thousand compared to...
Read moreMLBKT: PMI declined in February
The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in February fell by 49.4 points from the 54.5 points of January – the Hungarian Logistics, Purchasing and Inventory Company...
Read moreThis is waiting for the world after the pandemic: a new forecast has arrived
The US stock market will remain outperforming, China will not catch up with the United States by 2050. On the other hand, inflation will be higher while interest rates will...
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Express delivery at Walmart –without minimum order
From 1st May Walmart dropped the $35 minimum purchase requirement for its two-hour Express delivery service, which the retail giant launched last May. The rapid service is an “arms race” among the retailers in...
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We will pay for the global container shortage
We can feel the global health and economic effects of the coronavirus, not only on our skin, but also on our wallets. Thanks to last year’s buying fever, accumulated reserves...
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Serbia: shortened opening hours to come?
Restaurants and shopping malls could be open until two in the afternoon over the weekend in Serbia due to the decision of the crisis team in charge of dealing with...
Read moreConsumer sentiment in Germany has improved more than expected
The March German consumer sentiment index of the GfK economic research institute has improved beyond expectations. According to the survey, consumers expect an improvement in both the economic environment and...
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Half a million boxes of cigarettes were found by financiers at Nagylak
Half a million boxes of presumably counterfeit cigarettes were found by financiers in a Romanian truck at Nagylak, a spokesman for the National Tax and Customs Administration (NAV) told MTI....
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Another wave of the pandemic is already threatening grocery stores
In recent days, there have been indications from several places that another wave of pandemics in trade is already endangering daily operations – Magyar Nemzet Online wrote. It is possible...
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Analysts: the pace of wage growth will slow this year
Compared to the performance of the economy, wage growth was particularly dynamic last year, but this year the pace may slow markedly, as already indicated by the agreement on the...
Read moreHungarian live pork and meat exports fell
The volume of Hungarian live pork and pork exports fell last year, while prices fell significantly- agrarszektor.hu , wrote. The fall in prices has already been reflected in processors’ transfer...
Read moreCorporate liquidations peaked in January
According to Opten, the level of liquidations peaked in January as a mixed-impact effect of the Covid pandemic, but the number of start-ups was also close to record, according to...
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“Equal Opportunities, Fairness” Rare Diseases Week 2021
There are millions of people worldwide with a rare and congenital disorder, and about 700,000 in Hungary. As more than half of those affected are newborns, infants and young children,...
Read moreIn Slovakia, shopkeepers, taxi drivers and inspectors are also vaccinated
The Slovak Ministry of Health has announced that from the weekend, vendors of grocery stores, taxi drivers, bus drivers and inspectors, as well as flight attendants will be able to...
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Strong partnerships are more important than ever
The pandemic is fundamentally changing the private label partnership. That’s the conclusion of a special industry panel of retailers and manufacturers conducted during PLMA’s virtual Annual Roundtable Conference. More than...
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MEKH: The use of new energy labels is mandatory from Monday
The use of the new energy labels on certain products of technical stores and in the product brochures of web stores is mandatory from Monday, the Hungarian Energy and Public...
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Report from the boardroom (Part 1) – An interview with Rezső Rózsai, CEO of KPMG Hungary
In our new series Judit Szalóky Tóth, a Boyden Executive Search partner makes interviews with executives. This time she asks questions from Rezső Rózsai, CEO of KPMG Hungary. Mr Rózsai...
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KSH: real earnings grew by 6.2 percent in 2020
The average gross earnings of full-time employees were 449,400 HUF last December, 10.6 percent higher than a year earlier. In 2020, gross average earnings reached 403,600 HUF and net average...
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Gulyás: Restrictions will remain until March 15
The government will maintain the restrictions imposed due to the coronavirus pandemic unchanged until March 15 – Gulyás Gergely, the head of the Prime Minister’s Office said at the Government...
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The Chamber of Agriculture is initiating the expansion of interest-free restart quick loan holders
The National Chamber of Agriculture (NAK) is initiating the government to allow suppliers in difficulty due to restrictions on catering facilities to participate in the interest-free restart quick loan loan...
Read moreA slaughterhouse in Pest county was closed by Nébih
Due to serious violations, the operation of a pig slaughterhouse in Pest County had to be suspended with immediate effect, the National Food Chain Safety Office (Nébih) told MTI on...
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Economic sentiment in the euro area and in the EU improved in February
Economic sentiment in the euro area improved better than expected in February, according to a report by the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN) on Thursday,...
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Amazon Fresh debuts its 10th store, 100th and 1000th ight come
The online giant has opened its 10th Fresh store in the U.S. on 25th Feb. 2021. The 45,000-square-foot store opens with an assortment of mainstream, local and private label grocery...
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Bisnode analysis: payment morale improved in Hungary in 2020
Payment morale in Hungary has improved, more bills were settled on time in 2020 than in 2019, Bisnode told MTI on Wednesday. They added that last year fewer companies issued...
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Analysts: base rate remained unchanged as expected
The market did not expect the central bank base rate to change, the decision of the Monetary Council of the Magyar Nemzeti Bank (MNB) on Tuesday met analysts’ expectations, experts...
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A foreign plant can cover the sand steppes
Researchers at the Institute of Ecology and Botany of the Ecological Research Center of Eötvös Loránd University investigated the changes in the growth and seed yield and mass of the...
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Deloitte: women’s sports is a growing business in
The gap between revenues from men’s and women’s sports is narrowing, and while the latter is still far behind in this area, there is growing potential for sponsors and investors...
Read moreG20 exports and imports increased in the last quarter of last year
G20 exports and imports increased in the last quarter of last year. Third-quarter brought expansion while a significant decline was recorded in the first half of the year as a...
Read moreDestatis has improved its fourth quarter German GDP growth estimate
Destatis has improved its fourth-quarter GDP growth data for Germany from its first estimate in the second estimate released by the German federal statistical office Destatis on Wednesday. In the...
Read moreEconomic indicators have improved slightly in Austria
In Austria, economic indicators have improved somewhat due to a cautious opening two weeks ago after a full closure previously ordered due to the coronavirus pandemic – Finance Minister Gernot...
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