Market News
E-retailers can expect more impatient customers during the holiday season
During the upcoming Black Friday and Christmas period, proper service to online customers is in the primary interest of retailers. Not at a good enough price, with good quality, but...
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The average net monthly salary in 2022 remained below HUF 300,000
According to NAV data, in 2022 the average monthly salary (income from employment) was HUF 418,000 gross, which meant HUF 285,000 net per month (including benefits). This is lower compared...
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The domestic turkey sector is looking for a new state of balance
The Hungarian Turkey Association is preparing for the Christmas period and is confident that the safety and quality of Hungarian origin will continue to be of value to consumers. The...
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KSH: The production of food, beverages and tobacco products was 9.7 percent lower than a year earlier
In September 2023, the volume of industrial production was 7.3 percent lower than a year earlier, the Central Statistical Office (KSH) announced on Monday based on its second estimate. Adjusted...
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WLP is building an environmentally conscious and smart hall in Vecsés for one of the world’s largest suppliers of car parts
In 2023, WLP (Weerts Logistics Park) and RaktárAD, known for establishing the most modern warehouses across Europe and with a Belgian-Hungarian ownership background, launched their third investment in Hungary in...
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Even by drinking a glass of milk a day, we can do a lot for our health
Milk plays an important role in a balanced diet. Milk and milk products contain essential micronutrients that contribute to the healthy functioning of the human body – draw attention to the...
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DélKerTÉSZ significantly increased its turnover
Despite the increased costs, the DélKerTÉSZ in Szentes, consisting of five hundred growers, whose members mainly grow tomatoes and peppers, sold 56 thousand tons of vegetables by 13.3 thousand tons...
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60 percent of the corn was harvested in Zala county
More than 60 percent of the corn was harvested in the county of Zala, the average yield per hectare in the 15,500-hectare area was 8.9 tons, the county president of...
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This year’s Green Press Award was presented
This year, on November 9, the Green Press of the Year awards were presented for the 13th time overall. The prestigious professional recognition is awarded in four categories each year,...
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Highly pathogenic bird flu was identified in two more counties
This time, the laboratory of the National Food Chain Safety Office (Nébih) confirmed the presence of a highly pathogenic bird flu virus in the counties of Borsod-Abaúj-Zemplén and Bács-Kiskun. The competent...
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German consumers will cut back on Christmas presents this year
Germans plan to spend less on Christmas presents this year, according to a survey by Ernst & Young. Experts believe retailers can respond with discount promotions. Two thirds of respondents...
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NAK-FruitVeB: import pressure is increasing on the cabbage market
Due to the increasing import pressure, domestic kale producers are in a difficult situation, so market organization and greater cooperation are needed in the sector – states the National Chamber...
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A plant protection solution developed for organic farmers by Chili Produkt Kft.
Chili Produkt Kft. in Szeged has developed a plant protection solution against harmful insects developed with EU support for organic farmers – the company informed MTI. They emphasized that the...
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Extremes in the price of corn: uncertainty remains high
2023 will be a very memorable year for Hungarian farmers. In one year, the facts and hopes went through heaven and hell. The weather anomalies resulting from climate change and the...
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Unilever grants manufacturers access to its ‘warmer’ ice cream recipes
Unilever is granting ice cream manufacturers a free non-exclusive license for 12 of its reformulation patents in a bid to reduce carbon emissions. Access to these patents will help the...
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István Nagy: small producers will get new help
Small producers will receive new help and facilitations, taking advantage of EU opportunities, they will receive special support – said Minister of Agriculture István Nagy in a video published on...
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Baileys expands chocolate range with launch of new Nut Mix
Baileys has announced that it is expanding its chocolate ranges ahead of the Christmas season, with the launch of it’s new Chocolate Nut Mix. According to the leading Irish chocolatier,...
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Many foods are already cheaper than a year ago
According to the analysts of MBH Bank’s Agricultural and Food Business, there was a serious change in food prices in October 2023. “It seems that the quarterly price increase, which...
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According to the GVH, there is single-digit inflation
In addition to the government measures, the online price monitoring system operated by the Economic Competition Authority (GVH) contributed significantly to the achievement of single-digit inflation in October. The annual...
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Túró Rudi or vegetable VAT? There was a lively debate in the parliament
In addition to the Túró Rudi VAT reduction, the government is planning a number of other significant tax changes in the field of tax laws, which have already been discussed...
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This is how holiday bulk shopping works in Hungary
A recent survey involving 22,000 participants shows that many people no longer have a simple restaurant dinner in their budget, and they are also looking for discount opportunities to buy...
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A carton of beer will cost HUF 1,200 more from January
The new glass redemption system will come into effect on the first of January, and the Sunday broadcast of ATV’s Weekly Diary thoroughly covered the importance of this initiative. The...
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Fewer and fewer Hungarian companies are successful in e-commerce, but why?
Hungarian companies find it difficult to thrive in online trade, and in their efforts towards international sales, they need improvements in order to catch up with regional competitors, say the...
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It is important to introduce children to all the physiological effects of milk
It is important to familiarize the younger generation with all the physiological effects of milk – said Minister of Agriculture István Nagy on Friday at the Tej Terméktanács school education...
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The domestic goose sector has gained strength, but goose meat is still expensive
After the bird flu epidemic, the domestic goose sector is on the rise again, and in the second half of the year, the purchase and slaughter of fattened geese picked...
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Extremes in the price of corn: uncertainty remains high
2023 will be a very memorable year for Hungarian farmers. In one year, the facts and hopes went through heaven and hell. The weather anomalies resulting from climate change and...
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Introduction of plant-based foods – just a passing fad or is it the future?
On November 14, Hungary’s leading plant-based food industry conference will focus on the segment of the business sector that follows, advances, and colors the plant-based trend in Hungary. Does your...
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Márton Nagy: cooperation between GFM and carriers is reaching a new level
In order to strengthen the transport and logistics sector in Hungary, the Ministry of Economic Development (GFM), the National Transport Industry Association of Private Entrepreneurs and the Association of Hungarian...
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With modern animal farms for the sector’s competitiveness
In order to maintain the competitiveness of cattle farmers, modern, high-tech, high-tech livestock farms that comply with European Union standards are necessary, Minister of Agriculture István Nagy said on Friday,...
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Secrets of excellent goose meat
We all know that you have to eat goose on St. Martin’s Day, and most people have no idea why. According to superstition, this guarantees prosperity for the next period. But...
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