Events
A very fast growth can be expected in 2018 , it will slow down noticeably next year
While most forecasters project a GDP growth rate of 4-4.5 per cent for 2018, they—with the exception of the government—expect only 3-3.5 per cent for next year. (GKI projects at...
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There is not enough fruit and vegetables in the world for everyone
If everyone wants to have a healthy diet, there would not be enough fruit and vegetables in the world – experts of the University of Guelph said. Canadian researchers have...
Read moreWhat do we think about product recalls?
We appreciate a straightforward and fair attitude and we feel that is a higher trouble if the information is not from the enterprise but from the authority, but the Hungarian...
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The drug market is concentrated
The three major drugstore chains acquired nearly 90 percent stake in the domestic retail perfume market – Világgazdaság Online wrote. Last year, 696 businesses were dealing with perfume retail trade...
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The government supports the spread of cash-friendly payment methods
The government supports a number of programs to promote cash-friendly payment methods and to boost financial awareness in Hungary – Varga Mihály Finance Minister emphasized in the Árpád Óbudai Gimnázium...
Read moreHoney consumption is a valuable nutrient for the human body
With the consumption of honey, the human body has a lot of valuable and essential nutrients – Takács Ferenc, a member of the Kaposvár and the region’s beehive association told...
Read moreConsumer sentiment has fallen in the world’s largest economy
The consumer sentiment in the United States declined in October – according to the regular monthly survey of the Michigan University. The results were published on Friday. In October, the...
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Humans may grow cocoa for 3600 years
Analyzing the genetic resources of today’s cocoa trees, scientists have discovered that the cultivation and breeding of the raw material of chocolate has begun about 3600 years ago. Scientists from...
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Magazine: Carrot’s price surged
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that on the 35th week at the Budapest Wholesale Market the price of carrot...
Read moreThe reconstruction of the Shopmark shopping center in Pest has been completed
The reconstruction of the 24,000 square meter Shopmark, one of Kispest’s biggest shopping malls has been completed. The reconstruction cost nearly 5 billion HUF – the Diófa Alapkezelő Zrt. told...
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Auchan Magyarország Kft. and the Milk Product Council launched a joint department store promotion
The members of the Milk Product Council are committed to the development of the Hungarian dairy sector. The members are comitted to the the high quality continuation of domestic milk...
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Kreinbacher wins the world title at the Champagne & Sparkling Wine World Championships
The Somló-based Kreinbacher Estate’s Prestige Brut Magnum 2013 champagne won the World Champion title at the Champagne & Sparkling Wine World Championships (CSWWC) in London and the winery also received...
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The borrowing of households is expanding rapidly
The borrowing activity of the population is increasing steadily, according to the data of the Netrisk.hu financial comparison site. The portal has delivered more than three times more personal credit...
Read moreThe 2018 Book of White, Red, and Rosé Wine Excellences has been published
In the 2018 Book of White Wine Excellences, the wine producers of the Balaton and Tokaj Wine Region, while in the Book of Red and Rosé Wine Excellences the producers...
Read moreAlmost two-thirds of Germans are satisfied with their financial position
Almost two-thirds of Germans are satisfied with their financial situation, according to a survey reported on Thursday by German newspapers. Based on a survey prepared by the German Savings Co-operative...
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China does not need US soy
Because of the customs war, China buys more soybeans from South America than from the USA – Világgazdaság Online wrote. The 2018-19 marketing year began a few weeks ago, and...
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The 2019 payments would be raised with 600 million, compared to the original EP proposal
At the plenary session of the European Parliament (EP) voted for its position on the EU budget for 2019 according to which the MEPs would increase the 2019 payments with...
Read moreKSH: retail sales continues to perform well
In August, the volume of calendar effect adjusted retail sales grew by 6.8 percent, compared to the same period of last year. The raw data became 6.3 percent – the...
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Analysts: the increase in earnings is lagging behind expectations
The August growth rate of earnings lags behind analysts’ expectations, but according to them, a steady rise is expected in the labor market, but the rising of real wage growth...
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Significant demand for Hungarian fish product
The high temperatures of the summer were bad for fish farming – magyaridok.hu wrote. However, the industry will effectively close the season, and the demand for both domestic and foreign...
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VAT on milk to decrease
The VAT on UHT and ESL milk will decrease to five percent – according to the tax package submitted on Friday afternoon – Index wrote after the communication of the...
Read moreRisk management can boost confidence in the digital economy
Risk managers can increase user confidence and reduce the cost of digital transformation, yet they are not involved properly in business decisions – according to the international survey of EZ,...
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The European Parliament supports stricter rules to reduce the amount of plastic waste
At the plenary session of the European Parliament (EP) on Wednesday, the European Parliament voted on the proposal to tighten rules on the reduction of plastic waste; banning the sale...
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Furniture Federation: homemaking discount boosted thefurniture market
According to the Hungarian Furniture and Wood Industry Federation, the furniture market has recovered from the crisis in 2008. The family homemaking discount (csok) boosted the industry. Cselényi Krisztina, the...
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The Santa Claus Factory awaits the donors to the Millenáris this year
The Santa Claus Factory, opens its doors at a new venue at the Millenáris, where from 30 November to 21 December, the Santa Claus Factory expect the persistent food donations,...
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The economic performance of the euro area grew the slowest of the past two years in October
The economic performance of the euro area grew the slowest of the past two years in October but more than expected – according to an analysis published by the IHS...
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We use less than two-third of the working time extensively
We spend nearly 10,5 years on work, but we use up to 60 percent of our time productively, which means that only 3 out of the 5 business days are...
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A hundred and fifty million forints of fake medicines were seized in Hungary
Fake medicines worth over 150 million HUF were seized in Hungary within the 11th Pangea International Action Week against counterfeit medicines – was said at the press conference of the...
Read more(HU) Digitális innováció: az e-mezőgazdaság növelheti az agrárium vonzerejét a fiatalok körében
Sorry, this entry is only available in HU....
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After a two-month decline, the GKI economic sentiment index rose in October
After a two-month decline following its historic peak in July, the GKI economic sentiment index rose slightly in October. According to the empirical survey conducted by GKI with the support...
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