Market News
Companies fear the energy crisis and rising prices
The price increase generated by the war situation and extreme uncertainty shocks consumers who purchase energy from the competitive market; to this is added the effect of the product structure...
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Forint strengthened on Monday
On Monday, the forint strengthened against the main currencies, while against the euro it only strengthened by 0.1 percent, and against the dollar and the Swiss franc both by 0.8...
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The EU agriculture ministers in Brussels also discussed the agricultural aspects of the war, the KAP Strategic Plans and the Hungarian drought situation
Europe is hit by a crisis due to the war and the Brussels sanctions, which also affects the food supply and prices. The Hungarian Minister of Agriculture also spoke in...
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National Association of Hungarian Accountants: a gross error has slipped into the new KATA Act
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This year, the Eastern Hungarian Agricultural Forum and the tractor pulling competition will be held again in Hajdúböszörmény
The Eastern Hungarian Agricultural Forum, the Hajdú International Tractor Pulling Competition and the National Amateur Tractor Pulling Championship will be held again between August 12 and 14 after the forced...
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Aldi rations water bottles amid 40°C heatwave in UK
Aldi has begun rationing water as temperatures continue to soar due to the UK’s heatwave. The discounter said it is limiting customers to one type of bottled water per person. Shoppers...
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Mosquito control continues on 20,000 hectares
In the coming days, mosquitoes will be exterminated in the capital’s Danube-side areas, in Győr-Moson-Sopron county, in the Csorna area, in some settlements in Veszprém and Vas counties, in the...
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Climate change worries meat and dairy investors but not enough to affect financial decisions
Climate change worries meat and dairy investors but not enough to affect financial decisions – reveals Changing Markets Foundation’s report “Stranded in a vicious cycle”. The production of meat and...
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The advertising industry asks the government to reconsider the new kata law
The Hungarian Advertising Association (MRSZ) and its affiliates are asking the government to reconsider the new kata law, because in their opinion it causes a negative domino effect in the...
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So far, more high-quality wheat has been collected in Tolna than last year
More high-quality wheat than last year was harvested on 59 percent of the crop area in Tolna County; the average yield of barley falls short of the previous year –...
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Nagy István: joint action is needed to solve the transport of Ukrainian grain exports
A joint action is needed to solve the transport of Ukrainian grain exports – stressed Nagy István, Minister of Agriculture on Friday on M1 news channel, after meeting with Mykola...
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The euro area’s foreign trade deficit decreased in May
The negative balance of the foreign trade balance of the eurozone (in trade with countries outside the eurozone) was 26.3 billion euros in May, smaller than the record deficit of...
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Wheat and dairy punctuate 12.2% spike in food prices in the last year in the US
Prices for food-at-home shot up 12.2% over the last year, the largest 12-month jump posted since April 1979, according to the Bureau of Labor Statistics’ Consumer Price Index for June. Overall inflation was 9.1%...
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Such serious consequences can be caused by the crisis that is tearing at our necks
The growth of the world economy is already slowing down, and Europe is facing increasing energy supply problems. As winter approaches, the chance that you will have to save on...
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AM: the Hungarian Fisheries Operational Program Plusz is before the European Commission
On July 14, 2022, the Ministry of Agriculture officially submitted the 2021-2027 Hungarian Fisheries Operational Program Plusz (MAHOP Plusz) to the European Commission, the ministry told MTI on Friday. The...
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Restrictions due to avian flu have been lifted in Hungary
The protection against the bird flu epidemic proved to be successful: tests have not detected the virus in the domestic poultry population for more than a month. Taking into account...
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BDO: The food chain supervision fee must be paid by the end of the month
The payment of the fee must be preceded by a declaration, and the tax number of the person obliged to pay and the number of the downloaded financial document must...
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The cooking oil market is a bit calmer, but the recipes have changed
Although the edible oil market seems to have calmed down a bit, and in Hungary we cannot speak of a general lack of edible oil at all, it cannot be...
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The World’s 50 Best Restaurants awards ceremony – live broadcast on July 18, 2022, from 9:30 p.m.
The world-famous gastronomic celebration brings the international restaurant community to the British capital with an event held at the historic Old Billingsgate Market. Special guest at the 2022 awards ceremony...
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The Ministry of Agriculture expects significant foreign demand for Hungarian wines
An exceptionally good grape harvest is not expected in Europe this year, so it is expected that there will be a significant demand for Hungarian wines this year – said...
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Poultry and sow farmers may require extraordinary support
Poultry and pig farms can submit their support requests electronically between July 16-25 to the Hungarian Treasury, which will pay legitimate claims no later than September 30, 2022 – the...
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Ministry of Agriculture: the grain accumulated in Ukraine must be released as soon as possible
Hungary is ready to cooperate closely and help in order to immediately expand Ukraine’s grain exports, Minister of Agriculture Nagy István declared after meeting with Mikola Szolski, Ukraine’s Minister of...
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The increase in wholesale prices slowed down in Germany in June
In June, the increase in wholesale prices in Germany slowed both monthly and annually decline. The German statistics office, Destatis, announced on Thursday that wholesale prices increased by 0.1 percent...
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(HU) Az Ukrajnában felhalmozódott gabonát minél előbb ki kell szabadítani
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(HU) Magyar innovátorok összefogása a fesztivál-catering zöldítéséért – Indul az EIT Food Challenge Labs 2022!
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Recruitment is intensive – never before have so many people been sought as now
There are more and more positions waiting to be filled, the number of advertisements is increasing: companies have never been looking for as many employees as in the second quarter...
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Spain To Raise Inflation Forecast After Prices Climb: Economy Minister
The Spanish government will raise its inflation forecast after annual inflation hit a 37-year high in the period to June, economy minister Nadia Calvino said on Thursday. The Spanish inflation...
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Magazin: Retail trade is holding on, but there is room for improvement
Last year 46,000 more workers retired in Hungary than 18-year-olds became adults. The majority of companies don’t have a strategic workforce plan, which takes into consideration the future demand for...
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Sustainability Efforts No Longer A ‘Nice To Have’ For Food Outlets
One in five meals in Europe is consumed from out-of-home food services, namely restaurants, food deliveries and food outlets, including those found in supermarkets. Even when eating out, consumers want...
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(HU) A magyar haltermelés újabb mérföldkövéhez érkezett
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