Market News

The long-awaited rain does not bring too much benefits

The rain soaking half of the country did not bring too much benefits to agriculture, said Vancsura József, president of the National Association of Grain Producers. We learned that where...

Read more

International trade may increase slower-than-expected

The Secretary-General of the World Trade Organization (WTO) expects smaller-than-expected growth this year, due to the slowdown in global economy. Pascal Lamy warned that the WTO will probably modify downward...

Read more

The dairy sector votes on VAT reduction

To stabilize incomes is a major challenge for the dairy industry players. The law on interbranch organizations can help them – Feldman Zsolt Deputy State Secretary at the Ministry of...

Read more

Mountain villages: grape harvest has good quality, but import will be needed from cheaper wines

This year's grape harvest has a great quality. Hungarian grapes have been so healthy as now long time ago, but from cheaper wines Hungary is expected to rely on Italian...

Read more

The price of Arabica coffee increases dramatically

On Monday, the price of Arabica coffee increased spectacularly, by more than 6 percent to 173 cents. Such a price increase occurred last time in January 2009, in addition on...

Read more

The tax authorities also checked the fruit vendors of the South Plains

The inspectors of the National Tax and Customs Office (NAV) checked the regularity of fruit sales in the southern Great Plains region during the summer months. In almost half of...

Read more

The Parliament adopted the law on tobacco sales

Tobacco retail will be a state monopoly from the 1st of July next year. The state can give a green light to applicants in the scope of a concession contract....

Read more

Corn crop will be enough

Despite the drought, the estimated 4 million tons of corn crop may be sufficient to satisfy the interior needs of the country – Czerván György told at Tuesday’s agricultural forum...

Read more

The rating of MLSZKSZ may worth billions

In the past 6 years, the applicants who have a certificate of qualification developed by the Association of the Hungarian Logistics Service Centres (MLSZKSZ) won a total of 7.5 billion...

Read more

Ipsos: Rather personally than via “gadgets”

Four out of five people prefer to talk face to face rather than by telephone. 81 percent of people prefer to communicate in person, than through a telephone set. In...

Read more

The FEOSZ and the NÉBIH works together to inform the consumers

The National Association of Consumer Associations (FEOSZ) and the National Food Chain Safety Office (NÉBIH) signed a cooperation agreement on 7 September in order to better inform consumers than ever...

Read more

The number of chip cards increases

In the first half of the year, the spread of chip cards continued in Hungary: According to the Hungarian National Bank, their rate was nearly 78 percent in June. Chip...

Read more

Hungarian companies spend less on advertising

According to the list price datas of Kantar Media, companies in Hungary spent 4.4 percent less on advertising in the first half of this year than in the same period...

Read more

The system of tobacco shops will be launched in July instead of January

Instead of January next year, the Constitutional Affairs Committee of the Hungarian Parliament proposes to set up the concession tobacco shop system from the 1st of July 2013. The scope...

Read more

Investor sentiment has improved in the euro area in September

Thanks to the the sovereign bond market intervention program  of the European Central Bank, investor sentiment index improved in September for the first time since March in the euro zone...

Read more

Twenty to thirty percent less grapes in the Szekszárd wine region

Due to the drought, twenty to thirty percent less grapes were harvested in the Szekszárd wine region, where the harvest of some late-ripening varieties has begun. The winemakers of the...

Read more

Stagnant industry, a fall in GDP – there is no sign of a turning point

According to analysts, a positive turn is not expected in industrial production during the second half of the year, even in spite of the expected growth of the Mercedes plant....

Read more

Magazine: Sales expanded on the market of feminine hygiene products

The market of feminine hygiene products audited by Nielsen surpasses an annual HUF 14 billion. Sanitary napkin is the biggest segment with annual sales in the value of HUF 5...

Read more

Sunflower is on a record price

Sunflower has a record price, despite the drought. The industrial plant costs one and a half times more than in last year. According to the preliminary estimates the crop can...

Read more

Global consumers' intent to buy food and beverages online grows 44 percent in 2 years

According to a new study from Nielsen, a leading global provider of information and insights into what consumers watch and buy, global consumers’ intent to buy food and beverages online...

Read more

Food prices increased in China

The Chinese consumer price index (CPI) increased slightly in August proper to the analysts’ expectations. On an annual comparision, consumer prices increased to 2 percent from the previous month's 1.8...

Read more

VM: there can be reverse VAT in the pig sector

Even the Ministry of Agriculture withdrew its proposal of the reverse VAT in the pig sector in August, the government once again discussed the question. The Ministry supports the idea....

Read more

KSH: nearly 5 percent exports increase in euros

Exports increased in euros by 4.6 percent, imports rose by 4.0 percent in July compared to a year earlier – the Central Statistical Office (KSH) announced on Thursday. Due to...

Read more

Melon case – The government has approved the report of the Ministry of Rural Development

There has been no cartel agreement protecting the melon growers – states the report of the Ministry of Rural Development, which was adopted by the government – the ministry told...

Read more

Finance guards seized more than 300 thousand eggs

The finance guards of the National Tax and Customs Office (NAV) seized more than 300 thousand unmarked eggs – the organization told MTI on Thursday. According to the communication, the...

Read more

European Court of Justice: the wine cannot be advertised with the indication it can be “easy to digest”

The wine cannot be advertised with the indication it can be “easy to digest”, because such a  sign indicates a reduced acidity, it can be considered as a statement of...

Read more

GfK: In 2011, two-thirds of the households have purchased wine

Last year, two-thirds of the households purchased wine with some regularity. Most people prefer the red variety, and more and more people are discovering the rosé. Primarily consumers by wine...

Read more

Euro area’s retail sales have declined

In July, retail sales volume  fell in the euro area on monthly and on annual levels – said  EU's statistical office the Eurostat announced on Wednesday. Retail sales on a...

Read more

Hungary slipped back in the rankings of global competitiveness

Switzerland leads the Global Competitiveness Ranking of the World Economic Forum for the fourth year, Hungary slipped back from the previous year's 48th place to the 60th – shows the...

Read more

The EU support of tobacco growers can remain

The EU support of tobacco growers can remain, so the Hungarian Tobacco industry will receive the about 7 billion HUF next year – said Glattfelder Béla Fidesz MEP on Tuesday....

Read more
Oldal