Market News

Cash registers: the NAV has initiated targeted controls

The National Tax and Customs Administration (NAV) specifically controls the ordering, installing and normal operation of the online cash registers – the tax authority told MTI on Tuesday. There are...

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You can buy a children's room from 50 thousand HUF on the net

The Jófogás.hu investigated the question of how much a complete children's room costs on the net. It turned out that you do not need to spend high sums when the...

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We can harvest sour cherries and cherries record early this year

There was no example for decades that flower shedding occurs at almost all domestic fruit varieties before Easter. This year, however, due to the extremely mild winter weather the trees...

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Three hundred million HUF worth cigarettes were seized in Nyíregyháza

The police found more than 350 million HUF worth cigarettes without tax stamps in a warehouse in Nyíregyháza – the Szabolcs-Szatmár-Bereg County police spokeswoman told MTI on Tuesday. Fedor Rita,...

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More than 500 pigs had to be slaughtered because of the swine-plague threat

Within two weeks, more than 500 pigs had to be killed immediately, because of the risk of African swine fever (ASF), as the number of illegal consignments of live pigs...

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The duty-free export of Ukrainian grain cause disturbances for the Hungarian producers

“After the February drop in grain prices a rise characterizes the grain market is currently. However the duty-free export of Ukrainian grain cause disturbances for the Hungarian producers in May...

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Eggs are cheaper, compared to the previous years

Eggs are cheaper for the Easter holiday season this year, compared to the previous years. The price of an egg is an average of 28 to 35 HUF depending on...

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Agricultural producer prices fell by nearly 11 percent in February

The agricultural producer prices fell by 10.9 percent in February 2014, compared to the same period of the last year. The price of vegetable products decreased by 17.0 percent, while...

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ÁNTSZ: more healthy foods in kindergarten canteens

Three-quarters of the institutions have expanded the menu with healthy food products in recent years. More vegetables, fruits and fish, but still less than required milk and whole grain bakery...

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Hungarian workers do not held a lunch break but they drink a lot of coffee

Almost half of Hungarian workers did not take lunch break and only 15 percent eat five times a day. 73 percent of the workers are having coffee on a regular...

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The tax expert said that pálinka cannot be brewed with tax exemption in compliance with EU law

Vámosi-Nagy Szabolcs, the tax consultant of the EY global consultancy do not see a solution taking the tax rules into account, when one can make pálinka with tax exemption in...

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Quality Hungarian Pork trademark introduced

The Ministry for Rural Development and the Livestock and Meat Interprofessional Organisation and Marketing Board (VHT) introduced the Quality Hungarian Pork (KMS) trademark and quality assurance system. VHT president Antal...

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Magazine: The new pig strategy seems to work

The implementation of the new pig strategy, approved last summer, has already started. Government promise is that HUF 1.6 billion is earmarked for the programme this year. Goals include increasing...

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We trust in domestic food products

According to a representative survey carried out in January, 86 percent of Hungarians are confident in domestic food products – the Greenpeace announced on Thursday. On the basis of the...

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0.1 percent inflation in March, food prices fell

Consumer prices in March were 0.1 percent higher than a year earlier. Compared to February, consumer prices rose by an average of 0.2 percent – the Central Statistics Office (KSH)...

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Solid optimism characterizes the domestic companies

In the first quarter of the year, the forward-looking expectations of the SMEs for the next one year have barely changed. The K&H SME confidence index is currently on minus...

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The sales of some confectionery products of the Gávavencsellő-based bakery were forbidden

Due to its high content of preservative additives, the sales of some confectionery products of the Gávavencsellői Sütőüzem Kft. were banned by the National Food Chain Safety Office (NÉBIH) –...

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Joint roadshow by NAK and the Ministry of Regional Development

The Hungarian Chamber of Agriculture (NAK) and the Ministry of Regional Development have started a joint roadshow to inform farmers about the EU’s common agricultural policy for the 2014-2020 period...

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The government is committed beside homemade pálinka

The Government is committed to retain the homemade pálinka cooking and would like to see that the tradition as part of the Hungarian cultural heritage would live on in Hungary...

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The tax exemption of the homemade pálinka is contrary to the EU law

It is not compatible with the EU law, that Hungary allowed to cook up to 50 liters of fruit distillate a year with the exemption from excise duties – the...

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The logo of OÉTI can be found unauthorized on several dietary supplements

The logo of OÉTI can be found unauthorized on a number of dietary supplements – the National Public Health and Medical Officer Service drew the attention on Wednesday. According to...

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Enterprises employing more women are more profitable too

The latest survey by Regus found that companies that don’t employ women with small children suffer a competitive disadvantage. According to the study, 79 percent of Hungarian firms also agree...

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Radical changes are coming in transfer pricing requirements

OECD’s new discussion draft on transfer pricing documentation may bring radical changes in the everyday work of companies. The planned regulation is even stricter than the current Hungarian practice. According...

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Magazine: Sales were stable in grocery retail in the last 12 months

According to the Nielsen Retail Index, grocery retail sales amounted to HUF 1,404 billion between February 2013 and January 2014 in the 90 categories audited. Value sales were the same...

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50m² and smaller

On 1 January 2013 Nielsen counted 10,765 stores in this channel. Their value share from sales of the 90 grocery categories audited by Nielsen was 9 percent in February 2013-January...

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Household chemicals and cosmetics: value sales up, volume sales down

2013 brought a HUF 310-billion turnover in household chemicals and cosmetics retail. Sales were up 1 percent in terms of value but they dropped 3 percent in terms of volume....

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According to analysts, the domestic demand is slowly picking up

Market analysts said that the domestic consumption and the expected recovery of investments can bring the major expansion of imports. In parallel the trade surplus may decline but only from...

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Increased consumer protection controls before Easter

The National Consumer Protection Authority (NFH) carries out increased controls before Easter – the National Consumer Protection Authority (NFH) told MTI on Wednesday. According to the communication of the National...

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The duty-free Ukrainian poultry may bring further price reduction

Poultry and egg producers are afraid of an even more significant price decline, after the European Union would like to make the Ukrainian agricultural goods duty free in the EU...

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