Events
Analysts: the slowdown in retail sales growth is only temporary
The slowdown in retail sales growth is only temporary. In the next few months, the previous momentum may return – according to experts interviewed by MTI. Ürmössy Gergely, senior macroeconomic...
Read moreKSH: GDP increased by 2.6 percent in the second quarter
The volume of the gross domestic product grew by 2.6 percent in the second quarter, compared to the same period of last year. According to the seasonally and calendar adjusted...
Read moreKPMG: European family businesses are optimistic
Despite the low growth environment and difficulties in the labor market, the European family businesses are flexible and successful – according to KPMG’s survey. The leaders of family businesses believe...
Read more
The indigenous small livestock development project is near completion
The indigenous small livestock development project has many results, including the breeding indicators of the indigenous turkey have improved opposite to the hybrid turkey – was said on Tuesday in...
Read moreTobacco shop robbers were arrested in Szabolcs County
Four suspects were arrested in Szabolcs-Szatmár-Bereg County who robbed eight national tobacco stores – the press office of the police told MTI on Tuesday. According to the information the robberies...
Read more
Slowdown in GDP growth in the euro area
In the second quarter, GDP growth slowed in the euro zone and in the European Union – according to the report of Eurostat published on Tuesday. According to the third...
Read moreRomanian retail sales grew by more than 10 percent in July
The sales volume of Romanian retail expanded with 11.7 percent in July in a year over year comparision. The seasonal and calendar effect adjusted value shows a 13.8 percent growth....
Read moreKSH: an increase in retail sales in July
According to the raw data the volume of retail turnover in July, increased by 2.7 percent. The calendar effect adjusted data rose by 3.8 percent compared to the same period...
Read moreNGM: retail continues to grow for 37 months
Retail are continuously growing for more than three years. The annual voulme of retail trade increased by 4.9 percent compared to last year's January-July period – the Deputy Minister of...
Read moreDepressed prices on the honey market
Less than average honey was produced this year, but the purchase price is still low. The Hungarian beekeepers are selling the honey on depressed prices and want EU action against...
Read more
The state provides support to the connecting of the food and beverage vending machines into the online system
According to the Economy Ministry's decision state aid will be guaranteed to the connecting of the the food and beverage vending machines into the online system – Varga Mihály, Minister...
Read more
The proportion of lactose-free products is increasing
The growing sales shows that buyers today are not only choose organic foods because of health considerations – Magyar Nemzet Online wrote. Although, more and more Hungarian suppliers can be...
Read more
The performance of consumer markets in the EU continued to improve
The performance of consumer markets in the European Union continued to improve, however, there are still serious differences between the individual Member States – according to the European Commission’s report...
Read moreHungary and Romania to coordinate agricultural diplomacy
Hungary and Romania will coordinate their agricultural diplomacy efforts in the planning and shaping of the EU’s agricultural policy (CAP) – Fazekas Sándor, Minister of Agriculture and Achim Irimescu Romanian...
Read moreIndia and China may also introduce VAT
The Value Added Tax (VAT) originally comes from France. India introduces the VAT next year, while China is switching to the new system these days – Magyar Nemzet Online wrote....
Read moreRetail sales increased by 1.6 percent in the Czech Republic in July
In July, retail sales increased by 1.6 percent on an annual basis in the Czech Republic – the Czech Statistical Office announced on Monday in Prague. Compared to the 6.3...
Read more
Scientists may found the substitute for cocoa beans
Those who are addicted to chocolate will be happy; scientists may have found a way to solve a potential impending shortage of cocoa – privatbankar.hu wrote. Scientists may have found...
Read more
Investor sentiment improved in the euro area
The improved sentiment index of September reflecting the finish of the Brexit-effect – according to the Sentix investor survey. In September, the investor sentiment index of the Sentix economic research...
Read more
Art for shopping
Several works of art from the Louvre-Lens museum of fine arts have been exhibited in the Auchan hypermarket of Noyelles-Godault in France. The store manager hopes that the 60m² exhibition...
Read more
Greek chain about to go bankrupt
Marinopoulos Group, the company that operates Greece’s biggest supermarket chain, has temporarily been granted protection from its creditors by the Athens court. Marinopoulos Group supposedly owes EUR 500-700 million to...
Read moreThis year's vintage will be good
This year's vintage will be quantitatively mixed, but will have a good quality – these are the first experiences of this year's harvest – according to the growers and winemakers'...
Read more
The government would whiten the drink and snack vending machines market
The government would whiten the drink and snack vending machines market from the illegal market participants. The technical details of this regulation were published in Friday's issue of the Hungarian...
Read more
KSH: The revised data show an even larger trade surplus in 2015
In 2015, exports reached 79 million euros, while imports were 556 million euros less than the known 90.539 and 82.421 billion euros. Last year's trade surplus is 477 million euros...
Read more
FM: the School Fruit and Vegetable Program continues
The School Fruit and Vegetable Program continues this year to provide healthy fresh fruits and vegetables to the schoolchildren in the school year – the Minister of Agriculture told M1...
Read moreThe private sector improves the employment
According to the senior analyst of the K&H Bank mainly the private sector improves the employment data, but further improvement will be slowed by the fact that it increasingly difficult...
Read more
A new public catering institution was handed over in Tahitótfalu
A kitchen-dining complex suitable for the production of six hundred portions of food began operations with two hundred seats in Tahitótfalu, Pest County; the greenfield project is the largest own-funded...
Read more
Drugstores’ share in sales increases further
Toothpaste: last year toothpaste was sold in a value of more than HUF 13 billion. Like-for-like value sales were up 3 percent but volume sales dropped 1 percent. Drugstores’ share...
Read more
The online sector accelerates
The domestic online retail continues to grow steadily. The market closed the first half of this year with a 18 percent increase. According to joint Online Retail Index survey of...
Read moreMadosz president: good tobacco crop is expected this year
Slightly better quality tobacco crop is expected this season compared to the previous years – the President of the Hungarian National Association of Tobacco Growers (MADOSZ) told MTI on Thursday....
Read more
NFM: “the school learning consumer awareness” application has been launched
The application for “the school learning consumer awareness” has been launched – Keszthelyi Nikoletta, Deputy Minister of State of the Ministry of National Development (NFM) told M1 news channel on...
Read more