Market News
Poultry Product Council: VAT reduction is crucial for the sector
Date: 2013-11-04 12:00:30
According to the Poultry Products Council (BTT), VAT reduction is crucial in the poultry sector, because it would repress the black economy, it would reduce imports, while the competitiveness of...
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Citybrands.hu: increasing coupon useage
Date: 2013-11-04 11:43:51
With the widespread of online coupon sites, the number of those people who choose to finance their holidays, food consumption or medical treatment from coupons that can be purchased on...
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The recycling of packaging has increased
Date: 2013-11-04 11:40:58
The rate recycling of packaging waste grew in Hungary in 2011 – Eurostat’s recently published data shows. 62.9 percent of the packagings was recycled, about 59.3 percent was material recovery,...
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The ministerial decree that will regulate fisheries management soon to be completed
Date: 2013-11-04 11:01:24
The ministerial decree that will regulate fisheries management soon to be completed – the Ministry of Rural Development (VM) told MTI. According to the information of the Ministry, the implementation...
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Interest rates – a roller coaster is coming
Date: 2013-11-04 09:26:16
GKI forecasts that after the recession of last year, a minimal GDP growth, barely better than stagnation, can be expected in 2013, followed by only around 1.3 per cent growth...
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The season of imported vegetable to be started
Date: 2013-10-31 11:55:50
The early morning colds have put an end to the season of field vegetables. The supply of imported vegetables is getting more abundant on the Budapest Wholesale Market, from the...
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The Dairy Product Board has developed a medium-term development concept
Date: 2013-10-31 11:35:34
The Dairy Interprofessional Organization and Product Board has developed a medium-term development concept for the 2014-2020 period – Lukács László executive director of the Product Board informed MTI. He said...
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KSH: foreign trade surplus grew in August
Date: 2013-10-31 11:32:39
The value of exports in August this year was 6.4 billion euros (1911 billion HUF), while the value of imports was 5.8 billion euros (1728 billion HUF). The trade surplus...
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European food price increases are slowing down
Date: 2013-10-31 11:25:27
Contrary to the expectations, the eurozone’s inflation continued to decline in October – Eurostat’s fresh datas show. Energy prices fell by 1.7 percent, while food, alcohol and tobacco product price...
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Two wines were awarded with the Piarist Wine of the Year title
Date: 2013-10-31 11:17:07
The winners of the Piarist Wine of the Year wine competition, announced by the Hungarian Province of the Piarist Order were awarded with the honorary degree on 29 October. The...
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Outstanding Aszú yields in Tokaj-Hegyalja
Date: 2013-10-31 11:13:37
Aszú yields can be outstanding in Tokaj-Hegyalja wine region this year, where harvest is still ongoing – Észak-Magyarország wrote on Wednesday. At least five thousand tons of Aszú is expected...
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The consumer confidence index increased to 45 points in Hungary
Date: 2013-10-30 11:45:44
According to the results of a survey conducted by Nielsen in the third quarter of this year, the consumer confidence index rose by four points to 45 points in Hungary,...
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The NAK proposes the VAT reduction of meat products in the first round
Date: 2013-10-30 11:40:18
The National Agricultural Economics Chamber (NAK) asks the Parliament to decrease VAT on the products of the participants of the agriculture and the food industry. In the food first round...
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Czerván György: excellent yields of crops harvested in the fall
Date: 2013-10-30 11:26:30
Despite the heat wave and the drought in July and August, according to the latest datas, the yields of crops harvested in the fall are quite excellent – Czerván György,...
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NGM : bona fide taxpayers will not be punished
Date: 2013-10-30 11:25:28
The Ministry of National Economy (NGM) is relatively calm about the withdrawal of the previously approved cash register’s sales license. They do not worry about public support, because it will...
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Cooperation agreement with the Russian Roseximbank
Date: 2013-10-30 11:25:22
The Magyar Export-Import Bank Zrt. (Eximbank) has initated a cooperation agreement with all three pillars of the Russian export subsidy scheme, theVnyesekonombank, Roseximbank and EXIAR, in order to facilitate investment...
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Inventor of döner dies
Date: 2013-10-30 10:37:55
The Turkish immigrant credited with inventing the doner kebab has died in Berlin aged 80. Kadir Nurman set up a stall in West Berlin in 1972, selling grilled meat and...
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Foreign trade turnover rose by 8 percent with Russia
Date: 2013-10-30 09:20:17
In the first seven months, Hungary’s foreign trade turnover rose by 8.1 percent with Russia, compared to the previous year, reaching a total of 7.1 billion dollars – Szijjártó Péter,...
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1400 billion HUF for rural development
Date: 2013-10-29 12:28:17
The Darányi Ignác Plan New Hungary Rural Development Program closes at year end the year. The program since 2007 provided 1,400 billion HUF worth EU fundings for Hungary. The results...
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Controls at the National Tobacco Shops
Date: 2013-10-29 12:00:26
The National Tax and Customs Authority found more than two hundred irregularities, during 2600 tests at the National Tobacco Shops – Magyar Nemzet wrote. The most typical faults were administrative...
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Biomass can be a significant energy source again
Date: 2013-10-29 11:13:42
Biomass can be a major energy source for the Hungarian countryside again as it was for centuries – the Minister for Rural Development insisted on Friday in Budapest, at a...
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Nielsen: household chemicals and cosmetics were sold for 200 billion HUF this year
Date: 2013-10-28 12:32:14
The retail turnover of household chemicals and cosmetics reached 200 billion HUF this year from January to August; 1 percent more than in the same period of the last year....
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GfK: the Hungarian purchasing power is less than 40 percent of the European average
Date: 2013-10-28 12:20:02
The ten richest countries of Europe have over about half of Europe's total purchasing power, while in the poorest country, which is Moldova, the per capita disposable income is less...
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The cattle business has started
Date: 2013-10-28 12:11:29
In Hungary, the producer price of young bulls fell by nearly 5 percent in September 2013, compared to the same period of the last year. The price of slaughter cows...
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Mobile data connection will not be cheaper
Date: 2013-10-28 12:10:31
There will be no central purchasing for mobile data connection in terms of online cash registers, as this move would create a monopoly for one of the mobile operators –...
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KSH: the volume of retail sales rose in August
Date: 2013-10-25 12:20:27
According to the calendar adjusted data, the volume of retail trade rose by 1.4 percent in August, compared to the previous year. It is 0.1 percent less than the flash...
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Europe prepares for a wine price decrease after the rich harvest
Date: 2013-10-25 11:35:44
On the bais of the experiences, this year’s grape harvest is excellent. The exact summary is not yet ready, but is expected that a minimum of three million hectoliters of...
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Hungarians are having breakfast for half an hour
Date: 2013-10-25 11:34:45
Fewer people are taking time to enjoy breakfast in Hungary, but who are having breakfast, spend nearly half an hour with it eating sandwiches and bakery products. The sweet breakfast...
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The first PC-based online cash register has received permission
Date: 2013-10-25 11:33:38
After its small cash registers the Laurel Group's PC-based online cash register with electronic diary has also received permission from the Hungarian Trade Licensing Office. The Hungarian Trade Licensing Office...
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