News and articles
GKI’s prosperity index returned to this year's low point in August
In August – after a significant rise in July – GKI’s prosperity index decreased significantly (to -3.9 points), thereby returning to this year's low point. According to a survey by...
Read moreWe can run out of pears
Due to the spring frost and the summer ice damages, demand can be larger than supply in case of pears in Hungary. Csizmadia György, Vice President of the Hungarian Fruit...
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A further increase in wages is expected by analysts
A further increase in wages is expected by analysts interviewed by MTI, who foresee that household consumption will be the driving force of economic growth. According to data published on...
Read moreTesco stays in Hungary
Tesco has no plans to close its center in Budaörs. The company stays in Hungary – Népszabadság Online wrote. According to the report of the Budapest Business Journal: “There are...
Read moreThe WTO considers the Russian ban on pork illegal
The world trade organization (WTO) declared illegal the Russian ban on import of live pigs, fresh pork and other pig products from the EU. This was reported on the website...
Read moreAgricultural Chamber: game damage is a growing problem in the country
The game damage is becoming a growing problem in the country. The agricultural game damage (that was paid out) in 2015 amounted to 2.3 billion HUF – the National Agricultural...
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Hungarians working abroad sent less money last year
“Hungarians working abroad sent less money last year than the year before, according to the data of the World Bank” – Világgazdaság wrote. According to preliminary data, the Hungarians working...
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The majority of office supplies corresponded to the consumer protection standards
The National Consumer Protection Authority (NFH) examined pencil boxes, erasers, color pencils and exercise clothing on the occasion of the starting of the school year. Deficiencies were found in case...
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Bisnode: the proportion of bills paid on time minimally increased further in the first half of the year
Although the proportion of bills paid on time minimally increased further in the first half of the year in Hungary, although the average length of delay in payment has also...
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The retail sales of electronic goods decreased in Germany
The retail sales of consumer electronics declined in the first half of the year in Germany – accoring to the CEMIX index published on Monday. In the first half of...
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Kalashnikov opens a shop at Moscow’s Sheremetyevo airport
Kalashnikov is to open a souvenir shop at Moscow airport offering t-shirts, pens and model AK-47 assault weapons. The store is part of Kalashnikov's effort to move into the world...
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Facts about the Blueberry Princess cake!
This year, the Blueberry Princess cake has become Hungary’s Sugar-free Cake by winning the Hungary’s Sugar-free Cake competition. Calculated nutritional data: A slice of cake contains 228 kcal of energy,...
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Growing gap between livestock and vegetable product prices
In April 2016 agricultural production prices increased by 0.4 percent from the level of April 2015. This rise was driven by the price of vegetable products growing by 4.2 percent....
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Back to the future with Hungary’s economy
Világgazdaság organised a conference titled ‘Hungarian Economic Summit 2016’, where experts were trying to answer the question: What will be the world like in 10 years’ time? András Inotai, a...
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POS/POP solutions from a manufacturer’s perspective
POS tools can motivate shoppers for buying and at the same time they also increase consumer consciousness and generate buying impulses. The secondary displaying of products can boost sales and...
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TUTTI Iced Coffee
TUTTI Iced Coffee’s soft and creamy taste is combined with the flavour and aroma of real vanilla. This iced coffee won 3 stars at ‘Superior Taste Award 2015’ competition of...
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What influences our eating habits?
NAK participates in the international project called EATMOT, which sets out to learn more about how consumers choose food products and what shapes their eating habits. The EATMOT (Psycho-social associated...
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KSH: net earnings increased by 7.3 percent in June
In June, the gross average wage was 5.7 percent higher than a year earlier, while the net average wage increased by 7.3 percent due to changes in personal income tax...
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Tesco bakery products: quality and choice
Tesco is the country's busiest bakery: annually the Tesco’s bakeries sells more than 330 million pieces of bread. The most popular product in the domestic market is wet rolls, of...
Read moreThe new government regulation on tobacco packaging entered into force
The new government regulation on tobacco packaging entered into force on Saturday. Under the government decree, the new tobacco products will be marketed in an unified package, while the brands...
Read moreSlovenia and Hungary may become partners at the high quality and GMO-free food market
Hungary is at the forefront of GMO-free food production, while Slovenia is strong in the production of high-quality agricultural and food products – Oláh Zsanett CEO of the Hungarian National...
Read moreThe advance payment of agricultural subsidies to begin in mid-October
Similarly to last year, the advance payment of agricultural subsidies may begin in mid-October this fall – Deputy Minister of State responsible for agriculture said at a conference on Friday....
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Festive cake and bread presentation in the offer of the Street of Hungarian Tastes
Festive cake and bread presentation made the offer of the Street of Hungarian Tastes more colorful on Saturday morning, on the occasion of the National Day. The Blueberry Princess cake,...
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Farmer Expo: Interest towards professional programs has increased
Interest towards professional programs has increased this year at the country's oldest and largest regional agricultural and food trade exhibition, the Farmer Expo in Debrecen – Vaszkó László, director of...
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Charge brought against a criminal organization selling food
The authorities seized more than 250 tons of expired food – said the prosecutor's office spokeswoman told MTI on Friday. Gyugyi Csilla said that the criminal organization – including four...
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Inflation increased in the euro zone and in the EU in July
Inflation continued to rise in July in the euro zone and in the European Union – EU’s statistical office, the Eurostat reports. In July, annual inflation rose to 0.2 percent,...
Read moreRecord wheat crop in Romania
This year, 8.41 million tonnes of wheat was grown in Romania, which is the best harvest in the last ten years – Achim Irimescu Romanian agriculture minister said. According to...
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Counterfeit clothes were seized at the border crossing in Beregsurány
More than 3,200 pieces, 40 million HUF worth counterfeit garments were found by the finance guardians of the National Tax and Customs Office (NAV) in six vans, preparing to leave...
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Traditional shops remain important in the online age too
According to the results of the Total Retail 2016: United States survey, shoppers are interested in the experiences offered by brick and mortar stores. They often visit these shops to...
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