News and articles
Hungary’s leasing market expands above the European average
Although the economic performances of several European countries are rather poor, the leasing market expanded by 10 percent on average by the end of the third quarter, while in Hungary...
Read more
New small-scale farmer IDs from January
From January only the new type small-scale farmer IDs are going to be valid. The Hungarian Chamber of Agriculture (NAK) informed that already 190,000 small-scale farmers had received their new,...
Read moreAgricultural producer prices decreased by 5.2 percent
Agricultural producer prices fell 5.2 percent in October, compared to the same period of the previous year. The decrease consists of the 9.7 percent price decrease of the crops and...
Read moreFM: the winter seasonal food chain control was concluded successfully
The results of the winter seasonal food chain control improved significantly last year, compared to the previous years – the Ministry of Agriculture (FM) told MTI on Monday. According to...
Read moreHungary’s pig exports declined
Hungary’s exports of live pigs decreased by 7 percent in the first nine months of 2016, compared to the year before. The main partners were Romania, Austria, Slovakia and Serbia....
Read moreDecline in agricultural producer prices
Agricultural producer prices decreased by 5.5 percent last November, compared with a year before, as the prices of crop products decreased by 11.4 percent and the price of live animals...
Read more
FAO’s food basket in negative territory
The FAO Food Price Index (FFPI) averaged almost 171.9 points in December 2016, unchanged from November with strong gains in the prices of vegetable oils and dairy largely offsetting a...
Read more
Poultry Product Council: duck and goose meat lack can come to an end only gradually
The lack of duck and goose meat can come to an end only gradually after the end of the bird flu outbreak – the CEO of the Poultry Product Council...
Read moreAnalysts: this year’s expected inflation rate exceeds 2 percent
Macroeconomic analysts who responded to the Central Statistical Office’s (KSH) fresh data told MTI that they expect more than 2 percent inflation this year. According to the report, consumer prices...
Read more
Peanuts can be grown economically in Hungary
Peanuts can be grown economically in Hungary ¬ the Agrársszektor agricultural trade portal states. At the beginning of the last century peanuts were added to the Hungarian agricultural flora, but...
Read more
NGM: 30 thousand credit card acceptance terminals will be built by the enterprises from government support
This year, the number of debit card terminals will increase by 30 percent, due to the support program initiated by the Ministry of National Economy (NGM) – the ministry told...
Read moreMandatory nitrate reporting
Those farmers who live in nitrate polluted areas have to report detailed action program rules for the protection of waters against nitrate pollution between 1 January and 31 March. The...
Read more
A growth in the euro zone’s merchandise trade surplus
The European Union’s statistical office, Eurostat calculated that in November 2016, the exports of goods of the euro zone to the rest of the world increased by 6 percent to...
Read more
Serbian agricultural subsidies to expand
The Serbian government plans to spend 43.78 billion dinars instead of last year’s nearly 40 billion dinars. (1 dinar = 2,48 HUF) This is 8.11 percent of the budget- the...
Read more
Interpack is a huge success
Markus Kosak, Exhibition Director of drink technology India, is pleased about the event’s success: “These results take this event to an entirely new level. dti has developed into the number...
Read more
The EU is acting against the sales of dangerous products
The European Commission has tabled two legislative proposals to help businesses, and SMEs in particular, to sell their products within the European Union and to strengthen the controls of the...
Read moreThe food VAT cut is part of a process
The food VAT cut is part of a process that – depending on the performance of the economy – can continue in the future – Nagy István, the Minister of...
Read moreNutritional database on the Web
The nutritional database of distributed food products is not only available to professionals on the Ministry of Agriculture’s website, but it is available for the public. An important element of...
Read moreKSH: consumer prices increased by 0.4 percent last year
Consumer prices rose by an average 0.4 percent in 2016, compared to the previous year and in December were an average 1.8 percent higher than a year ago – the...
Read moreIpsos: the volume of domestic online purchases may expand by ten percent
In Hungary, the volume of online spending will increase by 10 percent in 2017, while the value of orders from foreign webshops is expected to increase by 19 percent –...
Read moreThe EU sold 76 percent more pork to China
According to the data of the European Commission, the European Union sold 26 percent more pork in the international market in the first ten months of 2016, compared to a...
Read more
The NAK offers more services
The National Agricultural Chamber (NAK) intends to continue to expand their services this year, such as IT developments will help the economists in nutrient management and in pest management. The...
Read more
GKI: recruitment issues in Hungary
The GKI Gazdaságkutató Zrt. economy researcher in its November representative (987 respondent companies) survey revealed what are those issues for a company that is not able to recruit the right...
Read moreCompanies with billion HUF revenues are deleted weekly
Although the vast majority of the deleted companies are micro-enterprises, we should not forget about the terminated large companies, that have a small number, but play more significant role in...
Read moreVincent’s Day wine competition and wine tour in Somlószőlős
On the last Saturday in January, Vincent’s Day traditions will be revived on the Somló Hill. Saint Vincent is the patron saint of winemakers. On the occasion of Vincent’s Day...
Read more
Only the plastic card is the valid ID card
The primary producers need to replace their paper IDs with plastic cards. From January, the new cards will be valid only. The National Agricultural Chamber considers the replacement of the...
Read moreRetail sales in the USA increased less-than-expected
A less-than-expected increase occured in retail sales in December in the United States – according to the report of the U.S. Census Bureau released on Friday. In December, the seasonally...
Read more
The price of eggs may increase because of the avian influenza
The domestic producers raise the price of eggs because of the bird flu since supply is becoming tighter in the market. Végh László, President of the Hungarian Laying Hen Hybrid...
Read more
Fazekas Sándor: it is important to provide cheaper access to basic foods
It is important that the people to have cheaper access to basic food products as well as to buy more Hungarian products; This is high priority in the government’s taxation...
Read more
SPAR started the installation of the electric car chargers
The SPAR Group installed electric car-charging station into the INTERSPAR parking lot in Sopron. The company in the coming years will install the same tools near more hypermarkets, so all...
Read more