Market News
Artificial intelligence creates new jobs
Artificial intelligence (AI) creates new jobs and simplifies people’s lives – the president of the Artificial Intelligence (AI) coalition told M1 news channel on Wednesday. Jakab Roland said that many...
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Az előzetesen becsültnél is alacsonyabb volt az éves infláció szeptemberben az euróövezetben
Az előzetesen becsültnél is alacsonyabb szintre, közel hároméves mélypontra süllyedt a fogyasztói árak emelkedésének éves összevetésű üteme az euróövezetben szeptemberben. Az Európai Unió statisztikai hivatalának (Eurostat) szerdán kiadott végleges adatai...
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Alkalmas lehet növénytermesztésre a Hold és a Mars talaja
Holland kutatók növényt termesztettek a Mars és a Hold talajához hasonlító, az amerikai űrkutatási hivatal szakemberei által kifejlesztett talajban. Kutatásukból kiderült, hogy nemcsak lehetséges élelmet termelni a vörös bolygón és...
Read moreThe IMF has significantly improved its GDP growth forecast
The International Monetary Fund (IMF) has improved its Hungarian GDP growth forecast in the World Economic Outlook (WEO) forecast released on Tuesday. The Hungarian economy is forecast to grow by...
Read moreGKI Digital: more than 4,500 companies are present on online marketplaces in Hungary
In Hungary, more than 4,500, typically small and medium-sized enterprises (SMEs) are involved in internet commerce through online marketplaces, and in 2018 they generated net sales of nearly 12 billion...
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Food waste should be reduced
820 million people worldwide are starving and two billion people suffer from malnutrition. To reduce starvation, we first need to reduce food loss and wastage, which also contributes to responsible...
Read moreAM Minister of State: to maintain EU agricultural subsidies is an expectation
Hungary cannot accept a larger reduction than the UK’s withdrawal from the European Union justifies, so keeping current Common Agricultural Policy (CAP) funds at the current level is a minimum...
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Labor shortages began to decline in some sectors
New advertisements and job applications in the job market suggest that the sector’s current shortage of labor has begun to decline – according to Profession.hu’s third quarter compilation. In addition,...
Read moreITM: the road network will be developed from about 3200 billion HUF by 2024
As part of the road program, the government will expand the road network from about 3,200 billion HUF by 2024, predominantly from domestic sources – the parliamentary Minister of State...
Read moreBrexit – Moody’s: the missing British contribution in the EU budget can be replaced
According to the study of Moody’s Investors Service, published in London on Tuesday, it is expected that the best debt-rated member states of the European Union can continue to meet...
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Magazine: Weight loss products dominate in the market
Most of Scitec Magyarország Kft.’s products in the OTC market belong to the dietary supplement category. Roland Schuster, the company’s senior brand manager told our magazine that such products include...
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Egg Association: large-scale egg production decreased in the first half of the year
Large-scale egg production has fallen by about 9 percent year-on-year in the first half of this year, after an almost 11 percent increase last year. It is expected that 1-1.2...
Read moreCompanies’ willingness to lend increased to record levels
Lending to Hungarian companies reached a record. It was 20 percent higher than a year before, according to Atradius Credit Insurance. According to a study, made with the involvement of...
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Credit Insurer: the feed industry may further expand this year
Emissions from the feed sector could grow by 2 percent this year to 3.45 million tons and generate 8 percent nearly 270 billion revenue more, compared to last year –...
Read moreNagy István: the advance payment of agricultural subsidies starts on Wednesday
The advance payment of agricultural subsidies to farmers through the Hungarian State Treasury (MÁK) will start on Wednesday, amounting to 240 billion HUF this year – the Minister of Agriculture...
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One hundred and fifty million HUF worth fake branded clothes were found in a truck
Six thousand fake branded clothes and accessories were found in avalue of one hundred and fifty million forints in a truck on the M43 motorway – the National Tax and...
Read moreConsumer prices in the United States stagnated in September
Consumer prices in the United States remained unchanged in September, compared to the previous month. Core inflation has become lower than expected, supporting expectations that the Federal Reserve’s Open Market...
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Magazine: Technological development in an optimistic mood
Ian Cook, CEO of Colgate-Palmolive and co-chair of The Consumer Goods Forum (CGF) told on the first day of the organisation’s Vancouver summit in June that more and more developed...
Read moreKSH: the rise in agricultural producer prices has slowed
Thanks to a sharp slowdown in the prices of vegetables, fruits and potatoes, the annual rate of increase in agricultural producer prices slowed down from the 8.1 percent of July...
Read moreTHe analysts of Savings Bank raised their GDP growth forecast to 4.9 percent this year
Analysts at the Savings Bank raised their GDP growth forecast from 4.7 percent to 4.9 percent -was said at the press conference of the bank in Budapest. Suppan Gergely, senior...
Read moreMNB: rising cost of services increased core inflation
Inflation fell by 0.3 percentage points to 2.8 percent in September, while core inflation rose by 0.2 percentage points to 3.9 percent. The slowdown in inflation was mainly caused by...
Read moreITM: no serious consumer protection violation occured in case of coupon promotions
Inspectors found no serious violations of consumer protection in case of coupon promotions, with just 5 percent of last year’s nearly 300 inquiries – the Ministry of Innovation and Technology...
Read moreThe volume of global air freight is declining for ten month
The volume of global air freight transported in tonne-kilometers is declining for ten month – according to the International Air Transport Association (IATA). The Montreal-based trade organization announced in a...
Read moreThe brand value of Chinese companies increased by forty percent in one year
Within a year, the brand value of Chinese companies rose by forty percent even amid the US-China trade conflicts. According to “Nation Brands 2019” research of the Brand Finance market...
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Magazine: Shaping the market, shaping consumer taste
Norbert Vass, wine category specialist of Metro told our magazine that Metro stores are waiting for shoppers with 900 different wines and sparkling wines, mainly sourced from Hungarian winemakers. The...
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The support of compliance is essential for the competitiveness of food industrial SMEs
HACCP, TFMS, IFS, FSA, COFRAC, BRC, BSCI, ETI, Fairtrade, UTZ, RSPO, Rainforest Alliance… Just a few abbreviations that cover complex compliance systems that guarantee the quality of food production and...
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The latest short film of the Hungarian Brewers’ Association focuses on women
The newest short film of the Hungarian Brewers’ Association debuted today and focuses on female consumers. The film is another element of the Alliance’s extensive, ongoing communication that began one...
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VMLY&R’s national brand research has examined nearly 700 brands
VMLY&R Hungary has once again examined brands. From the 2019 results of the agency’s long-standing, unique research, the Brandasset® Valuator (BAV), reveals how our country’s brand map has been redrawn...
Read moreThe autumn harvest was successful
The autumn harvest was successful and the prospects for the autumn sowing so far have been favorable – the Deputy Misnister of State of the Ministry of Agriculture (AM) announced...
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PwC: flexible work schedule is the most important for the Hungarian Y and Z generation
Flexible work, stability and basic pay are the most important workplace choice factors for future employees – PwC Hungary’s survey reveals. The deatails of the survey were sent MTI on...
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