Market News

Fazekas Sándor: Agrarian Bank in Home Straight

“The Hungarian Agrarian Bank may come into existence within the foreseeable future as a result of the decision brought at the Government's Wednesday session” – Minister for Rural Development Fazekas...

Read more

Minister for the Economy wants VAT System with five keys

Matolcsy György in a book review published in Heti Válasz on Thursday favors the introduction of the financial value added tax and the introduction of a VAT System. He writes,...

Read more

The fish planting season in the Lake Balaton started with Easter carp

The Balatoni Halgazdálkodási Nonprofit Zrt. (BHNp) has begun this year’s fish planting season on Thursday, with the release of more than 10 thousand kilo-sized carp into the Lake Balaton. 300...

Read more

Strong recovery may occur in Europe's largest economy

According to the Wednesday projection of the German DIW economy research institute, “Strong recovery” based on internal consumption will start in the German economy, in the forthcoming years. According to...

Read more

Several tons of rotten meat was seized in Szarvas

Several tons of rotten meat was seized by the authorities in Szarvas at a premise of a company. The food chain safety authority suspended the company's activities told Vargáné Szombati...

Read more

NÉBIH prepares for special inspections before Easter

The National Food Chain Safety Office (NÉBIH) during its March controls imposed nearly 10 million HUF fines. In the pre-Easter period. The authority now prepares for nationwide inspections. According to...

Read more

OKSZ: rising consumer confidence, extra Easter sales

Consumer confidence increased noticeably in Hungary during the past few weeks – said Vámos György, Secretary-General of the National Trade Association (OKSZ) who expects 35-40 billion HUF additional turnover, similar...

Read more

KSH: slight increase in the foreign trade market turnover in January

In January, the volume of exports was 5.8 percent higher and the value of import was 2.9 percent above the levels of a year ago, the trade balance surplus was...

Read more

The Milk Marketing Board has concluded a self-regulatory agreement

Thus, the raw milk price will be determined for the 2012/2013 quota year, in 86 HUF / kg with a + 2.5 percent deviation. The chairmanship can modify the projections...

Read more

Henkel: The crisis changes consumer behavior

The crisis changes consumer behavior, while the economic constraints strengthens consumer awareness resulting in positive social consequences – stated Törőcsik Mária, Professor of the University  of Pécs at the press...

Read more

NFH: businesses can apply for consumer-friendly logo

Those businesses, can apply for consumer-friendly logo, on which no complaints were sent to the National Consumer Protection Authority (NFH) – told Pintér István, the authority’s Director-General at a press...

Read more

Finnish-Hungarian agreement to maintain the EU sugar quota

The Hungarian and the Finnish Ministrer of Agriculture argued beside the maintenance of the EU sugar quotas on Tuesday's press conference following their discussions in Budapest in the Ministry of...

Read more

Ipsos F&F: cosmetics using and holiday habits of the young people

Toothpaste, shampoo, shower gel and deodorant can be classified among the basic hygiene and personal care products used by young adults. Men use shaving creams and aftershaves, while women use...

Read more

The garlic-situation is getting difficult

Following a deplorable decrease of a decade, the fields for garlic production in Hungary have finally seen a growth in 2011, and the crop was around 5300 tons. This definitely...

Read more

Worsening economic forecasts cause uncertainty among European consumers

New rescue packages, uncertainty about further developments in Greece, Italy and France and the prospects of poorer economic development in 2012 are all heightening the anxiety of European consumers. This...

Read more

The hungaricum act builds the consumer community of national products

The Hungarian legislation has arrived to a strategic milestone with the creation of the Hungaricum act. The Hungarian legislation is willing to ensure the protection of national values. The law...

Read more

Ipsos: Shopping, financial transactions and job search on the net

Six-tenth of the world's internet users collect information about the products they want to buy on the web, and almost half of them buys these products on the web. Six-tenth...

Read more

Rain or more expenses

If rain will not come, autumn sowings may be in critical situation, and the fate of spring seeds  will be in a critical situation as well. According to meteorologists, weather...

Read more

K&H SME confidence index: do the domestic enterprises passed the low point?

After several years of nadir, the K&H SME confidence index increased. The K&H SME confidence index is indicating the one-year expectations of the domestic businesses. The K&H SME confidence index...

Read more

Domestic strawberry and raspberry production may find momentum

The Hungarian strawberry and raspberry growers, who are entitled to SAPS can receive an annual 391 thousand euros (about one hundred million HUF ) support from 2012. The new EU...

Read more

Consumer spendings have increased in the world's largest economy

The U.S. personal spendings grew by 0.8 percent in February, surpassing the expectations of a 0.6 percent increase. The January data was improved to 0.4 percent growth from 0.2 percent....

Read more

OKSZ: We will spend during Easter despite the crisis

This year, egg prices increase drastically, thus Easter holiday meals will cost more, but merchants expect that the Hungarian population will spend the same amount as last year. According to...

Read more

KÉKI: High quality ham is expensive, but the cheaper is not bad either

Hungarian housewives can definitely agree about one thing: they have received plenty of good ideas on how to buy the ideal ham for Easter. Never before did so many ham-tests...

Read more

BMI on a record annual level

The seasonally adjusted value of the Purchasing Manager Index (BMI) was 56.8 points in March, the highest of the last thirteen months. In addition, it is well above 50 points,...

Read more

The Ministry of Rural Development's proposal on illegal land purchasing

The government has adopted the Ministry of Rural Development's proposal on illegal land purchasing. The Minister of Rural Development promised swift and effective action regarding so-called pocket contracts. At the...

Read more

The Government has adopted the National Rural Strategy

“The Government is treating agriculture as an important spring-board”, stressed András Giró-Szász at the press conference at which he and Minister for Rural Development Sándor Fazekas jointly announced that the...

Read more

Changes in the pig holding rules

The EU regulation that prohibits the sows to be kept in isolation – will enter into force in  January 2013 – will only affect less than 50 affected pig farms...

Read more

What ends up in the washing machine?

Instead of detergent powders, a growing number of consumers buy liquid or gel detergents or those in pre-portioned doses. Consequently, we find these products in the portfolio of every big...

Read more

Hypermarkets prevail on the detergent market

Every year HUF 33 billion worth of detergent is sold in Hungary. Last year retail sales were down 3 percent in value and 5 percent in volume, if compared with...

Read more

PET bottle is still at the top of its game among fruit juices

– When the economic recession commenced, juices and premium category products were capable of strengthening their positions. By today this trend turned around and it is the low fruit content...

Read more
Oldal