Market News

The Slovak Ministry of Agriculture would apply more stringent checks on food imports

The Slovak Ministry of Agriculture prepares to tighten the control of food imports and would increase the fines on poor quality imported products – the SITA Slovak News Agency reported...

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Agrya proposes to reduce the burden on the use of thermal water

The Association of Young Hungarian Farmers (Agrya) proposes to reduce the burden on the use of thermal water for agricultural purposes, in order to alleviate the competitive disadvantage of businesses....

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Industrial producer prices stable in both euro area and EU27

In April 2012, compared with the previous month, prices in total industry excluding the energy sector increased by 0.2% in both the euro area and the EU27. Intermediate goods rose...

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OKSZ: Sunday employment opportunities in trade will remain

The new Labour Code that will enter into force on July 1, will make clear the possibility of Sunday's work – shows the communication of the National Trade Association (OKSZ)....

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GKI: The Flowers of Evil

According to data of the first quarter, GDP in Hungary fell much more than in other EU countries. GKI Economic Research Co. forecasts that economic growth cannot be expected to...

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Strategic agreement among the VM and the Milk Marketing Board and Interprofessional Organization

Fazekas Sándor, Rural Development Minister and Istvánfalvi Miklós, president of the Milk Marketing Board and Interprofessional Organization signed a strategic alliance on Friday, on the 37th International Milk Day. In...

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OKSZ: Traders are willing to support the Hungarian dairy farmers

The National Trade Association (OKSZ) has no informations that the chains would undertake commitment for the removal of the imported UHT milk and cheese from the stores' shelves. The chains...

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No reduction in commercial consumption in the first quarter 2012

According to the raw (no seasonal and calendary effects are adjusted) datas of the Central Statistical Office (KSH), commercial consumption did not decrease in the first three months of the...

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KSH: a moderate increase in foreign trade

In the first quarter of this year, the volume of exports was 1.6 higher, while imports was 0.9 percent higher than the level of the previous year – announced the...

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KSH: investments are reducing since 2008

In the first quarter of 2012, the volume of investments of the national economy fell by 8.6 percent, compared to the same period of the last year. Compared to the...

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GfK: one in ten Hungarian adults are into healthy eating

The GfK Hungária explores the eating habits of the adult Hungarian population since 1989. The latest analysis shows that a majority of the Hungarians are eating regularly, but only ten...

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Chinese city dwellers are concerned about food safety

According to a survey carried out in eight Chinese cities, 73 percent of the Chinese population does not consider Chinese-made food as safe. In Shanghai, more than 70 percent of...

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Retail+ for better sales performance

The sales performance of a brand or product is greatly enhanced if the strategy of retailers and manufacturers is implemented at the point of sale. Recently in one of the...

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The popularity of wine auctions is unbroken

While in Hungary the smaller companies are organizing wine auctions, in abroad, especially in Europe, North America and increasingly in Asia, the leading auction houses, specialist institutions are organizing them....

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Hungary household chemicals, cosmetics market stagnates

Hungary's household chemicals and cosmetics market was worth about HUF 300 billion in the twelve months to the end of February, level with the previous twelve-month period, market research company...

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Family crisis strategy: we spend on our children's future instead of ours

Europe remains in the captivity of the crisis: according to the “Cetelem Panorama 2012” international research, the sentiment of the consumers has reached its historical low point. The survey examined...

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Budai Gyula reconciliated with the dairy market participants

The Secretary of State of the Ministry of Rural Development (VM) met the representatives of the Hungarian dairy farmers and milk processors for the second time since their appointment in...

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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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