Market News

Honey prices are increasing – Europe will be short of supply

At the end of the acacia flowering it is known now, that the Hungarian beekeepers are in trouble, because acacia was frozen in half of the country. Outlook is not...

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Research department was established in the Hungarian Advertising Association

The four member organizations of the Hungarian Advertising Association (AGB Nielsen, GfK, Ipsos and Medián) have established a research department. The aim of the research department is to promote the...

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The euro zone’s retail purchasing manager index improved in May

The May value of the euro zone’s retail purchasing manager index has slightly improved, but still indicates a steep downturn in sales – announced the London-based Markit Economics Research Institute...

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Wine magazines are focusing on China

The Decanter, one of the world's most prestigious wine newspaper launches its Chinese version. The company decided to release its Chinese version after the French La Revie du Vin de...

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GKI-Erste economic sentiment index fell in May

In May the GKI-Erste economic sentiment index adjusted for seasonal effects has fallen more than in any month since the autumn of 2008, when the world economic crisis hit Hungary....

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The Egg Farm Group gives truth to OKSZ

According to the Poultry Product Council (BTT), representing the producers, not only the HUF / piece, but also the HUF / kilogram price should also be indicated in  the shops...

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Bees collected less honey than expected in Szabolcs-Szatmár-Bereg county

Due to the bad weather, bees collected much less honey than expected in Szabolcs-Szatmár-Bereg county – told the regional adviser of the Hungarian National Beekeeping Association (OMME) to MTI on...

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The NÉBIH accepts the food chain supervision fee avowals until June 30

The National Food Chain Safety Office (NÉBIH) accepts the food chain supervision fee avowals – without imposing a fine – until June 30,  2012. The food chain supervision fee should...

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The situation of consumers in Europe

The situation of consumers in the European Union is the best in Luxembourg, in the United Kingdom, in Denmark, in Austria, Ireland, Finland, in the Netherlands, Belgium, Germany, France and...

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Certain meals make you smile

The yogurt is not only delicious food, a great source of calcium and vitamins, but also makes you more masculine and feminine – U.S. researchers have demonstrated so far only...

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Nielsen Global Consumer Confidence with Greek customers

Discretionary spending and saving increased across all sectors reviewed Concern for the economy remained a top worry among 19% of global respondentsConfidence increased in 16 of 27 European markets U.S....

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The poultry industry is expanding- Russia may become self-sufficient

In Hungary, the amount of purchased chicken for cutting increased by 21 percent its producer price was 5 percent higher in the first 20 weeks of 2012, compared to the...

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The government has submitted its report on the protection of hungaricums

The government has submitted its 2010 and 2011 report on the protection of hungaricums. The report can be found on the website of the parliament. The hungaricum act among others...

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Growing Hungarian wine support in the Common Agricultural Policy

Hungarian wineries will receive 29 million euros – more than 8.5 billion HUF in the next financial period of the Common Agricultural Policy (KAP), that will begin in 2014 –...

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Coffee and tea is leading the list of soft drinks

Nearly 60 percent of the adult population consumes coffee on a daily basis in order to enhance wakefulness and another 10 percent does it in every 2-3 days – shows...

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Retail park can be built from eight to ten billion forints in Győr

The retail park, can be built from eight to ten billion forints in the south-south-west edge of Győr. It can create about three to four hundred jobs – said major...

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The analysts are surprised by the positive retail sales of March

Analysts said that the positive trend in March retail sales caused a surprise. In March this year the retail sales volume was 0.9 percent higher, compared to the previous year,...

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KSH: an increase occiured in the retail sales of March

The volume of retail sales in March this year was 0.9 percent higher than in February. In the first quarter a stagnation could be observed – the Central Statistical Office...

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3,300 billion HUF worth food products on the Hungarian market

Annually, about 3,300 billion HUF worth food and food related products are distributed on the Hungarian market – said Feldman Zsolt, Deputy Secretary of State at the Ministry of Rural...

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Hungarians use fewer cell phone functions than the European average

Hungarians use cell phones – in addition to phone calls – mostly to send SMS messages (72 percent), to take photographs (58 percent), or to leave messages (52 percent) –...

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Five billion forints for food businesses

The Ministry of Rural Development (VM) told MTI on Wednesday, that the application to develop agricultural and food processing plants has been published. Farmers can apply for 3, the the...

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The Food Bank has received a honorary degree

The Food Bank (Élelmiszerbank) was received a honorary degree signed by György Habsburg, president of the Hungarian Red Cross. In the letter, György Habsburg expresses the recognition and appreciation on...

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Czechs boycott Polish food

The Czechs significantly limited the purchase of Polish food products, because they are frightened by the news that Polish manufacturers preserved several food products with industrial salt. According to the...

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Hungarians Pushing More Online Shopping Carts

Few areas of the economy show growth to the extent produced by internet commerce in 2011, says GKIeNET – T-Mobile’s research survey titled “Report on the Internet Economy” and published...

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NÉBIH: brochure on the marking of eggs

The National Food Chain Safety Office (NÉBIH) has published a brochure on the key informations on the marking of eggs – told NÉBIH on Wednesday to MTI. At the newest...

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The middle class of the emerging markets represents a huge buying power

According to the Retail Market View study of Cushman & Wakefield, the retail world is a  boundary-free global market. The developed retail markets are the base of this market, while...

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A good yield is expected in case of autumn sown crops

According to Czerván György, State Secretary of the Ministry of Rural Development (VM), responsible for agri-management in case of sunflower and corn a good yield is expected. In case of...

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VAT increase in the Czech Republic

The two keys of VAT will be increased by one-one percentage points to 15 and 21 percent – from January in the Czech Republic. The Czech government accepted the Finance...

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Grana Padano: blood pressure lowering Italian cheese

According to an Italian study, the Italian Grana Padano Parmesan cheese, has reduced blood pressure at people do not taking ACE inhibitors. Among the inhabitants of the European Union every...

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Retail food prices in the first quarter increased by five percent in Europe, six percent in Hungary

The average Hungarian food retail prices have risen by 6 percent in the first quarter of this year, compared to last year's comparable period. This is the second highest inflation...

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