Market News

Analysts: Inflation in the coming months can fall to 2.1 – 2.6 percent

Consumer prices fell by 0.1 percent in February, compared to January, and were 2.8 percent higher than a year earlier – the Central Statistical Office (KSH) announced on Tuesday. The...

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The mandatory deposit can ruin selective waste collection

The introduction of deposit on the single-used beverage packagings can eliminate selective waste collection and would cause unreasonable additional costs for the state and the economy – was said at...

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The Ministry of Rural Development (VM) would easen the damage of dairy producers caused by aflatoxin

The Ministry of Rural Development has been working on the regulation, which would provide assistance to producers who are forced destroy their milk that excess the limit of aflatoxin content...

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The Hungarian-Azerbaijani agro and food industrial working group holds its first session

The Hungarian-Azerbaijani agro and food industruial working group holds its first session on Tuesday in Baku – the Ministry of Rural Development (VM) told MTI on Monday. The Hungarian working...

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A New York judge has decided that the mayor can not ban high-sugared drinks

A judge struck down New York’s limits on large sugary drinks on Monday, one day before they were to take effect, in a significant blow to one of the most...

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Decline in retail sales is slowing down in Croatia

In January 2013 the volume of retail sales fell by 5.3 percent in Croatia, compared to the previous year, which is less than the 6.1 percent decline of December –...

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Nike and Adidas are expanding in China

Adidas and Nike are expanding in China this year. Both companies seek to slit a bigger slice from the 24 billion USD Chinese market with new market strategies. Nike, which...

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The CAP’s system will be more complex

EU's new Common Agricultural Policy’s (CAP) system that will be introduced in 2014 will be more complex than now – Czerván György, Minister of State for the Rural Development Ministry...

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KSH: foreign trade balance was 318 million euros in January

In January, exports grew by 4.3, imports increased by 5.2 percent calculated in euro, compared with a year earlier – the Central Statistics Office (KSH) announced on Monday on the...

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Food and beverages brands are the most mentioned on Twitter

The food and beverages, clothing, and the retail sector generate the most direct mentions among Twitter users in the UK – the new study of BrandWatch Institue states. The survey...

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The Tokaj Trading House opened a representation in Tokyo

The Tokaj Kereskedőház Zrt. (Tokaj Trading House Co.) opened a representation in Tokyo. The repesentation will serve the Hungarian national image as well. Several months of preparatory work preceded the...

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Nébih subtracted counterfeit Polish cheese from the markets

As the result of several weeks of investigation, several tens of tons of fake cheese products were withdrawn from circulation by the staff of the National Food Chain Safety Office...

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Eighty billion pairs of chopsticks are consumed in China every year

A leader of a northeast Chinese wood industrial company named disposable chopsticks as one of the causes of deforestations at the ongoing session of China's parliament: He claims that every...

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VM: seeds are strategic products

The Hungarian seeds are strategic products. Production is implemented currently on 130 thousand hectares. The expansion of the production area is a national security interest – Szépe Ferenc, internationally renowned...

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Ten percent of mobile users use their cell phone to compare product prices

One in ten Hungarian mobile users also use their cell phone to compare the product prices of different products. In Hungary, most people search for informations on electronic goods for...

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Small farmers destroy tens of thousands liters of milk

Small farmers are forced to destroy tens of thousands  liters of milk in Tolna countys since the beginning of the week. The processor does not take over the products due...

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Ericsson ConsumerLab: women precede men in smartphone use

According to the research of Ericsson ConsumerLab, the growing popularity of smartphones is primarily due to women. Women use all the smartphone features more and more regularly than male users...

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Horsemeat scandal: new chapters in Romania

The Romanian National Foodsafety Authority has published on its website: horsemeat has been found last week at the lake of Tarnica near Cluj. The meat is of 922 kilograms and...

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Television advertising revenues have fallen with 11 percent

The TV market closed a difficult year in 2012 – shows the results of MEME. Television advertising spendings were below 50 billion HUF for the first time in 2012. The...

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Nébih: a bi-monthly investigation was ruined by the news coverage on horse meat scandal

The independent investigation of the press and the recently published news baffled the two monthly jointly investigation of the National Food Chain Safety Office and other authorities – Oravecz Márton,...

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MVH: the 2012 EU Food Aid Program is near completion

The aid organizations contracted with the Agricultural and Rural Development Agency (MVH) in the scope of the EU Food Aid Program will complete the delivering of food products mid-March this...

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NAV: the tax authority investigates new areas this year

The MAZARS international audit and consulting firm raises the domestic enterprises’ awareness to the fact that the NAV launches investigations in new areas in 2013. According to the MAZARS, investigations...

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Discounters have taken the leading position

According to GfK Hungária’s Household Panel survey, in 2012 Hungarian families spent 2 percent more on household cleaners than in 2011. Despite the growth in value sales consumers rationalised their...

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Health and intimate hygiene

Mariann Varga, brand manager with Alveola believes that if we want to be healthy, we have to keep our body clean – not forgetting about intimate hygiene either. The company’s...

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Manufacturer brands significantly increased their share from sales

Energy and sports drinks sales have been growing fast for years, but last year brought an 8-percent decline in retail volume sales and a 2-percent drop in value sales (December...

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Energy drinks slowly leave the tutti-frutti flavour behind

After the two-digit growth of previous years last year shocked the energy drink market with a one-digit sales drop. However, this decline could easily be forecasted after the details of...

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Reasonable changes in the fruit-vegetable sector

The fruit and vegetable sector is becoming increasingly polarized: on the one hand the role of retail is more and more important in selling fruits and vegetables, and this requires...

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Even better price/value ratio squeezed out of those plastic bottles

Due to the elevated packaging material and ingredient prices, to a certain extent wet condiment prices rose in the spring of 2012, which obviously led to a bit lower volume...

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Ministerial visit to the SPAR TANN meat plant

On 5 February 2013 Minister of Rural Development Dr Sándor Fazekas paid a visit to the TANN meat plant. The minister and representatives of the press had a chance to...

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METRO prepares for Easter with new products and services

For METRO the meat/meat product category has always been of great importance and in 2012 regional, homely flavours were in the limelight: in many stores local flavours have been added...

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