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FAO: world food prices decreased in July
In July, food prices on the world market declined, mainly due to the decline in the prices of certain cereals and dairy products. After a five-month rise in food prices...
Read moreKSH: exports increased more than imports in May
In May, exports were up 4.6 percent year-on-year and imports were up 2.9 percent year-on-year, so the monthly export surplus became 674 million euros, 181 million euros more – according...
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The cottage cheese is protected by the European Union
The cottage cheese has been protected by the European Commission as a traditional specialty product – the Milk Interprofessional Organization and Product Board told MTI. The communication states that only...
Read moreNébih: the African swine fever virus appeared in Slovakia as well
After the outbreak of African swine fever (ASP) in Slovakia, the protection and surveillance zone set up for the case extends to Hungary, to Borsod-Abauj-Zemplen County – the National Food...
Read moreIn one year, the number of nylon bags sold in supermarkets in England has halved
In a year, the number of nylon bags sold in the UK’s largest supermarket stores has halved – according to British government data released Thursday. Asda, Marks and Spencer, Morrisons,...
Read moreConsumer confidence improved significantly in the United States in July
The Conference Board nonprofit economic research institute announced on Tuesday that its consumer confidence index increased to 135.7 points from the 124.3 points of June. Analysts expected a slight improvement...
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Ice cold drinks
Continuing the trend of recent years, ice tea sales grew in 2018 – as a matter of fact the sales growth was faster in both value and volume than in...
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EY: For CEOs, are the days of sidelining global challenges numbered?
The 2019 EY CEO Imperative Study reveals that investors and boards expect CEOs to respond to humanity’s greatest challenges – it’s the new growth imperative. But how? To date, most...
Read morePork may become more expensive over time
African swine fever could lead to a steady rise in pork prices in the next 4-5 years – penzcentrum.hu quotes Fórián Zoltán, a leading agricultural expert of the Erste Agricultural...
Read moreThe global beer market has expanded, and Hungary is a significant exporter of beer as well
Globally, more than 1.9 billion hectoliters of beer were sold last year. The world’s largest brewing nation is China, followed by the USA and Brazil in third. Instead of quantity,...
Read moreGKI: less confident mood in agriculture
Although their optimism has weakened, Hungarian agribusinesses are still confident about the future, and in the short term they are mostly concerned about the situation on the world market, and...
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Thousands of shops in Budapest are waiting for tenants
About two to three thousand retail properties are vacant in Budapest, depriving the owners of municipalities, condominiums and private owners of revenue – origo wrote after Világgazdaság. According to the...
Read moreRetail sales increased significantly in Germany
According to the preliminary data released on Wednesday by the Federal Bureau of Statistics (Destatis), retail sales grew 3.5 percent in real terms and by 3.6 percent in real terms...
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The rate of increase in consumer prices in the euro area slowed down in July
Consumer price growth in the euro area slowed to a seventeen-month low in July. According to the preliminary data released by the European Union Bureau of Statistics (Eurostat) on Wednesday,...
Read moreThe US-China trade war can hold back world trade
DHL’s Global Trade Barometer expects global trade to decline in the coming period – piacesprofit.hu wrote. Traffic is also declining in the air and maritime trade. Due to the growing...
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Sirha Budapest: Almost half of the exhibition space is already booked
The next Sirha Budapest trade show will take place on 4-6 February 2020. It perfectly shows the significance of the Budapest event that already about100 companies have booked 5,000m² of exhibition...
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Iceland trials going plastic-bag free
Frozen food specialist, Iceland is testing new concepts to replace plastic bags in its ongoing strategy to reduce plastic waste. The retailer will be conducting two different trials to determine...
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Magazine: The land of milk and…milk drinks!
The milk drink market is booming: sales have been growing by two-digit numbers for years, driven by iced coffees – but sales of flavoured milk drinks also increased. Mária Tell-Prantner,...
Read moreBeer Association: 2.4 percent less beer was sold in the first half of the year
Beer consumption decreased in Hungary in the first half of the year, according to the president of the Hungarian Brewers’ Association, mainly due to the cooler weather. In the first...
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KSH: double-digit earnings growth again in May
In May, gross and net average earnings were 11.2 percent higher than a year before. After the 9.0 percent growth in April a double-digit growth occured in May. Excluding the...
Read moreEY: Hungarians are open to digital technology
Hungarians using the Internet are the most open to applying digital solutions in the Central and Eastern European region – according to a study by EY, an international audit and...
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The deadline for paying the first installment of the Food Chain Supervision Fee expires on Wednesday
According to the notice of Nébih sent to MTI, in order to ensure smooth administration, it is important to include the taxpayer / identification number of the payer on the...
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KSH: unemployment fell to 3.3 percent in the second quarter
In April-June, the average number of unemployed was 155,000, and the unemployment rate was 3.3 percent, a new record after the 3.4 percent of a month before. The indicators of...
Read moreMore than 70 thousand packs of cigarettes were seized by NAV in Komárom-Esztergom County
More than 70,000 packs of cigarettes were seized by the investigators of the National Tax and Customs Administration (NAV) in Komárom-Esztergom County in two rented vans. The value of the...
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The economic climate in the euro area is at its lowest for three and a half years
Economic sentiment in the euro area fell to a three-and-a-half-year low in July, and the business climate indicator reached a six-year low, according to a report released on Tuesday by...
Read moreConsumer sentiment in Germany is at a two and a half year low,
GfK’s German consumer sentiment index for August decreased to a two-and-a-half-year low. According to a report released by GfK on Tuesday, the consumer sentiment index fell to 9.7 points in...
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Natural disasters caused less than average annual damage in the first half of the year
Natural disasters have caused less than average annual damage in the first half of the year – according to a survey released on Tuesday. The world’s largest reinsurer, the German...
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Motor fuels of the future and freight forwarding were in the centre of attention
On 30-31 May the drvingcamp centre was the venue of this year’s Innovation Days, where all the important players from the sector were present, courtesy of Shell Hungary Zrt., to...
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Magazine: Ecommerce Summit 2019: Online shopping is the future
Ecommerce Hungary has organised its annual two-day conference, which is now called Hungarian Ecommerce Summit, in Visegrád for the 16th time. Another new idea from the organisers was inviting experts...
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The price of melon has fallen
This year, the dometic watermelon season started around 10 -11 July at the chain of stores in Hungary. The season started with prices around 250-300 forints per kilogramme, but now...
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