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Magazine: Differing trends for discount supermarkets
Sales by discount supermarkets only increased by 0.1 percent in Germany in the first half of the year. Low prices attract German consumers less than they used to – reported...
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KSH: exports increased more than imports in August
The value of exports, measured in euros, grew by 2.7 percent in August and imports by 1.2 percent. The export surplus on trade in goods was 60 million euros, 122...
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AM: reference prices and average yield data were published for this year’s claim for compensation
Reference prices and average yield figures for the 2019 claim for compensation have been published – the Ministry of Agriculture (MTI) informed MTI on Thursday. According to the announcement, producers...
Read morePwC: carbon intensity reduced by less than half of the target
The pace of global decarbonisation seems to have come to a halt, after moderate progress over the previous four years. If this trend continues, countries will not be able to...
Read moreGerman retail sales improved less than expected in September
In September, German retail sales grew less than expected both in annual and monthly terms. Destatis, the German Federal Bureau of Statistics, announced on Thursday that retail sales grew 3.4...
Read moreAfrican swine fever: another 13,000 animals in Romania to be killed to prevent the spread of infection
The Romanian Animal Health and Food Safety Authority (ANSVSA) decided to kill nearly 13,000 more pigs on Friday after the African swine fever (ASP) virus was detected on a farm...
Read moreGfK Purchasing Power: in Europe 14,739, Hungary 7,416 euros are available to an average citizen in 2019
In 2019, an average European citizen has 14,739 euros for purchasing. However, there are significant differences in net income between the 42 countries surveyed. Liechtenstein, Switzerland and Luxembourg have the...
Read moreWine grape vintage can be excellent this year
Less than expected wine grapes have been harvested, but it looks like this year’s will be an excellent vintage – Légli Ottó, president of the National Council for Mountains, adding...
Read moreKSH: double-digit earnings growth continues
In August, average gross earnings grew by 11.5 percent year-on-year to 358,000 HUF. The average net income without allowances amounted to 238,700 HUF taking the benefits into account reached 246...
Read moreIrrigation is supported by a new bill from the Ministry of Agriculture
The bill on irrigation farming was brought before the National Assembly, one of the main principles of which is, according to the farmers’ request, that irrigation is a public interest...
Read moreAM: damage compensation can be claimed for drought damage
A statement by the Minister of Agriculture under the Drought Mitigation Scheme states that this year there was drought throughout the country, allowing affected farmers to receive compensation wherever they...
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Newer settlements have begun to develop kitchen facilities for children
In another 68 settlements, kitchen developments aimed at improving the conditions of child catering. The program begins with a total of 2 billion HUF government support – Varga Mihály, Minister...
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The preparation containing ragweed has been blocked by Nébih
During a number of official inspections, a total of about 10 liters of illegally sold ragweed products intended for human consumption were immediately removed from the market and officially sealed...
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Economic sentiment deteriorated in the euro area and in the EU in October
Economic sentiment in the euro area deteriorated more than expected for the second consecutive month in October, reaching a five-year low, as industry sentiment is increasingly spreading to services and...
Read moreHousehold consumption fueled French economic growth
France’s economy grew more than expected in the third quarter, driven by strong domestic demand, according to data released on Wednesday by the French Bureau of Statistics (Insee). According to...
Read moreSmoking ban will be introduced in Austrian restaurants from 1 November
The smoking ban in Austrian catering units will take effect from midnight on 1 November. Meanwhile, the authorities are also prepared to monitor compliance with the Regulation. From 1 November,...
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Experience is the new measurement unit
How can the shopper experience be taken to a new level? The time has come for companies to introduce a new measurement unit: With the help of the return on...
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Magazine: End of year wurst-litzer with free-from hits!
Wieners and frankfurters are two of the most popular meat products, their buyer base is stable and demand for them has increased recently. András Muzsek, CEO of Sága Foods Zrt....
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Further measures are needed to strengthen the competitiveness of agriculture
The strengthening of the competitiveness of Hungarian agriculture may offer solutions to many of the future challenges facing the sector, but this requires further action and support – Nagy István...
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One of the prepacked carrots examined did not pass the Nébih’s test
Pre-packed carrots were tested in the latest Supermenta test by the National Food Chain Safety Authority (Nébih). Ten out of the eleven samples met food safety standards, but in one...
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ITM Minister of State: more than 70 factories await the guests on the Night of Modern Factories
More than 70 factories nationwide will open its gates on the Night of Modern Factories on November 15 – the Minister of State of the Ministry of Innovation and Technology...
Read moreDrinking coffee regularly can have health benefits
The intestinal microbiome of regular coffee consumers is healthier than those who drink little or no coffee – a new American study found. In recent years, numerous studies have demonstrated...
Read moreOECD: FDI decreased by 20 percent globally in the first six months
Foreign direct investment (FDI) in the world fell by 20 percent in the first half of this year. The decline was 5 percent in the first quarter and 42 percent...
Read moreConsumer confidence in the United States deteriorated slightly in October
Consumer confidence in the United States deteriorated slightly in October The Conference Board nonprofit Economic Research Institute announced on Tuesday that the consumer confidence index has dropped from 126.3 points...
Read moreThe harvest is nearing its end in Békés County
Average yields for maize and sunflower have been better than expected, but winter wheat and rape growers have closed a very unfavorable year – the secretary of the Békés County...
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More floods are expected in Hungary
Climate change is accelerating the water cycle so more floods are expected in Hungary in the long run – Szöllősi-Nagy András professor at the National University of Public Service (NKE)...
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Expert: significant growth can be seen on the personal loans market
Low interest rates have seen significant growth in the personal loans market for years – Trencsán Erika, financial expert of money.hu told M1 news channel. Over the past period, personal...
Read moreNAV seized smuggled cigarettes
11 million HUF worth smuggled cigarettes were discovered by the National Tax and Customs Administration (NAV) ‘s financiers near Tiszaadony – the official spokesman of the Szabolcs-Szatmár-Bereg County Tax and...
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