Market News
Reduction in global food prices
Date: 2011-04-07 18:37:12
After eight months of continuous increase, global food prices fell slightly in March – announced UN’s Food and Agriculture Organisation, the FAO on Thursday. The FAO price index – which...
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The Association of Confectionery Manufacturers are optimistic before Easter
Date: 2011-04-07 13:47:42
This year the consumption decline is expected to be halt in the Easter confectionary markets and according to the general trend, there will be a 3-4 percent growth in this...
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Industrial production is on double-digit on an annual level
Date: 2011-04-07 13:12:25
On monthly basis, and with seasonally and working day effect adjusted the volume of industrial production in Hungary, increased by 0.9 percent in February – reports the Central Statistical Office...
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Horseradish fever in the Hajdúság
Date: 2011-04-07 12:48:11
Horseradish fever broke out in the Hajdúság. The price of horseradish has rached unrealistical highs. The reason of the high prices is that Polish merchants bought almost the whole export....
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Humusz Alliance: The Hungarian biobags do not decompose down naturally
Date: 2011-04-07 11:37:54
The biobags marketed in Hungary are based on trickery, almost without exception: in addition to the usual plastics, they contain different catalyst materials, that cause the plastic chains quickly fall...
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Summer in winter – the English way
Date: 2011-04-07 10:46:11
Summer in winter – this could be the slogan, meaning that the English know how to create a positive mood for potential shoppers – in London Christmas trees and African...
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Employees use social media mainly to present themselves personally
Date: 2011-04-07 08:33:27
In most countries more than 50% of the employees have a social media profile according to findings covered in the latest Randstad Workmonitor. Countries where usage of social media is...
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GFK: Consolidation process in the retail sphere began
Date: 2011-04-06 16:27:15
Following the worst downfall of the crisis of 2009, a rather slow process of consolidation began last year in the retail sphere of Hungary – GFK's new survey revealed today....
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The Hungarian Association of Shopping Centers opposes the restriction of Sunday opening hours
Date: 2011-04-06 15:32:08
Thirty-five thousand people is adversely affected (due to the layoffs or declining revenues), also the state will receive less revenue: limiting the Sunday opening hours is not actual in the...
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Pessimism in the SME sector
Date: 2011-04-06 13:22:28
Hungarian firms became more pessimistic, compared with the previous years. The SME index of Policy Agenda and Ipsos stood on 50.2 percent in this March. It is the lowest data...
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Chocolate prices may increase despite the ciwil war has ended
Date: 2011-04-06 13:12:49
According to experts, the world price of cocoa beans can decrease by 12 percent in the next few days after yesterday the fights have ended in Ivory Coast, so cocoa...
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The EU plans to introduce more stringent emission limits for Japanese food imports
Date: 2011-04-06 13:00:50
The European Union plans to introduce more stringent emission limits for Japanese food imports and Japanese animal feed imports as the “low prevalence” water is returned to the sea at...
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Information Point in the service of the New Széchenyi Plan
Date: 2011-04-06 12:58:22
A New Széchenyi Plan Information Point opens in these days at the Regional Enterprise Foundation of a Székesfehérvár (RVA). At the information point, one can get free advices in connection...
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Four members already leaving the wine-marketing comittee
Date: 2011-04-06 12:03:58
Four members of the newly resurrected winemarketing association need to leave because of decision made by Sándor Fazekas Minister of Rural Development – agromonitor.hu pointed out. THe four members are...
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One quarter of supermarket shoppers buy organic food products
Date: 2011-04-06 10:59:21
Bioculture Association, with support from the Agricultural Marketing Centre, conducted a survey at two Budapest organic product marketplaces and in a downtown supermarket about shopping habits concerning organic products. The...
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GKI: Three economic policy challenges
Date: 2011-04-06 07:30:50
According to the forecast of GKI Economic Research Co., in 2011 the government was finally forced to do what it wanted to avoid, and to implement a program envisaging some...
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Hungarian wines will be served during the Polish EU presidency
Date: 2011-04-05 13:22:53
Hungarian wines will be served during the Polish EU presidency, that will last in the second half of 2011 – announced the Ministry of Rural Development (VM). To compile the...
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Hungarian meat industry is in nadir
Date: 2011-04-05 13:20:04
In recent months, discussions have taken place continuously, because of the dramatically increasing feed prices. The association of pig farmers turned to the ministry, pushing for government intervention as soon...
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Poultry Product Council: Need a day of poultry meat!
Date: 2011-04-05 13:14:45
The Poultry Product Council (BTT) proposes the International Poultry Council (IPC) the introduction of poultry world day at the meeting of the organisation that will be held from the 6th...
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The change of waste management rules may result in rising food prices
Date: 2011-04-05 13:07:09
The change of waste management rules may lead an up to a 10 percent food price increase. The waste management law, still under construction increases the product fee obligation of...
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Compulsory chamber membership to be introduced?
Date: 2011-04-04 14:10:50
The Law of Chambers of Agriculture still in construction would impose mandatory membership of the entire food industry, not only on producers and processors, but also on traders – reports...
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The administrative burdens of businesses may be reduced by five hundred billion
Date: 2011-04-04 14:07:18
This year, the administrative costs of businesses may reduce by a total of five hundred billion HUF. The government will decide over the first 100 billion HUF relief package this...
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Hungarian milk goes to export
Date: 2011-04-04 14:06:02
Due to the expanding export, milk shortage emerged in the country, resulting in price increase of raw milk. Only in the past month, the price of raw milk increased by...
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Price increase to be postponed
Date: 2011-04-04 14:05:12
The price of bread did not increased, although the bakers obtain flour at a higher price – told the merchants to Magyar Nemzet. According to Fodor Attila, communications director of...
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How long before the recession ends?
Date: 2011-04-04 13:02:43
In the United States people start to return to restaurants. What is the view of the profession’s Hungarian representatives on the current recession? Krisztián Kiss /Head chef of Cascade/: Our...
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Five billion HUF to the development of local markets
Date: 2011-04-04 12:55:43
The government would spend five billion HUF on the development of the local markets, in order to transport the locally produced goods to the local communities without intermediaries – said...
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Sunday opening hours – Pro and con
Date: 2011-04-01 18:26:35
The proposal is intended not only to give the workers a rest day, but also to reduce the competitive disadvantage of the smaller shops against hypermarkets. Harrach Péter believes that...
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A new network of primary producers' market at living estates
Date: 2011-04-01 17:47:20
A network of market for primary producers will soon be created, mainly in the cities at living estates, if the the example shown on Saturday by the 11th district of...
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Hungary remains GM food free
Date: 2011-04-01 17:30:19
For Hungary it remains an important objective to preserve the country free from genetically modified organisms (GMO) – said Ángyán József, State Secretary of the Ministry of Rural Development, responsible...
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Common Agricultural Policy is still the way to go
Date: 2011-04-01 16:36:03
Plans to limit subsidies paid to big farms under the Common Agricultural Policy have won insufficient support in the Council of Farm Ministers. The farm commissioner thought that the proposals...
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