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Market News

Inflation is at a 25-year high in the OECD
Date: 2022-01-12 11:12:23

In the countries of the Organization for Economic Co-operation and Development (OECD), consumer prices rose by 5.8 percent year-on-year in November, after an average of 5.2 percent in October, the...

Hungary provides outstanding support to agriculture
Date: 2022-01-12 10:49:40

Hungary has submitted to the European Commission the Hungarian CAP Strategic Plan, the most important document defining the agri-food support system for the period 2023-2027. The plan was prepared in...

The experts of the Chamber of Agriculture help farmers navigate in the post-2023 agricultural subsidies
Date: 2022-01-11 11:43:08

In the agricultural support system starting from 2023, each farmer has to decide individually which opportunities he can make the most of, therefore the experts of the National Chamber of...

Domestic consumption has increased VAT revenues
Date: 2022-01-11 11:41:13

The amount of tax collected between January and November significantly exceeds the figures planned for the same period, and based on the outstanding VAT revenues, domestic consumption developed very well...

Kids also understand inflation
Date: 2022-01-11 11:23:06

In the “shopping basket” of children, several products have become much more expensive than inflation, fruit yoghurt is over 10 percent, cocoa snails 14 and the price of a glass...

This year, the promotion of Hungarians will be supported with a budget of HUF 930 million
Date: 2022-01-11 11:18:46

As in the previous year, the promotion of Hungarians in three target areas will be supported with a budget of HUF 930 million this year, Minister of Agriculture István Nagy...

Investor sentiment in the euro area improved in January
Date: 2022-01-11 11:15:30

Contrary to analysts’ expectations, investor sentiment in the eurozone did not deteriorate but improved in January, according to a survey by the Sentix Economic Research Institute in Frankfurt. The euro...

Available to anyone
Date: 2022-01-11 10:21:53

We learned from Soma Rédey, co-founder of Vilhemp Kft. that it is very beneficial for a newly established company to use a trademark that attests not only its origin, but...

Magazine: Agri-food systems emit more and more harmful gases
Date: 2022-01-11 06:44:24

According to the latest study of the UN’s Food and Agriculture Organization (FAO), from agri-food systems the food supply chain emits so much greenhouse gas that the segment will soon...

Pork can become more expensive
Date: 2022-01-10 11:40:56

Consumers could prepare for a serious price explosion in the pork market, as the fluctuating year of 2021 has led to such an increase in producers’ costs that they will...

Analysts: last November’s retail sales fell short of expectations
Date: 2022-01-10 11:40:13

Analysts told MTI that retail sales fell short of expectations last year due to declining fuel consumption, lower-than-expected discounts and high inflation. According to a report by the Central Statistical...

Farmers bought seven percent more new tractors last year
Date: 2022-01-10 11:20:09

The economic environment was favorable for the purchase of agricultural machinery. Last year 3335 new tractors were put on the market in Hungary, 7.2 percent more than a year before...

Last year, retail sales in Romania grew by 10.5 percent in the first eleven months
Date: 2022-01-10 11:10:02

Last year, according to raw data, the volume of retail sales in Romania increased by 10.5 percent compared to the same period in 2020, the Romanian National Statistical Institute said....

Retail sales increased in the euro area
Date: 2022-01-10 11:05:06

In the euro area, the volume of retail trade turnover increased by 1 percent in November, compared to the previous month and was 7.8 percent higher than in November 2020,...

K&H: when yoghurt or shoes become more expensive – this is what “child inflation” looks like
Date: 2022-01-10 10:52:54

The price increase is ubiquitous, even affecting children’s “shopping carts”, through which pocket money and wallets are affected. Fruit yoghurts, for example, have increased by 10 per cent in a...

Let’s pour clean water into the glass
Date: 2022-01-10 10:46:34

Sustainability and environmental protection affect all of us, thus in 2020 NRC decided to do research every six months on what Hungarians think and do about sustainability. Insufficient information and...

Hungarian Product trademark turns costs into savings
Date: 2022-01-10 10:15:52

Eszter Benedek, managing director of Hungarian Product Nonprofit Kft. explained that a company which decides to start using the trademark has to calculate with two types of fees: 1. the...

Magazine: About food regulations in an understandable way: The probiotics story
Date: 2022-01-10 06:44:52

According to a recent survey, almost 60 percent of Hungarians know what probiotics are and the majority of them are familiar with their beneficial effects. Besides, half of consumers are...

One day, we spent 3416 forints in the store
Date: 2022-01-07 12:17:06

But if you live in Budapest, you can live for 3,987 forints. And if it’s in Nograd, it’s 2,476 forints. In the first three quarters of 2021, the difference in...

KSH: sales of retail stores increased by 3.8 percent
Date: 2022-01-07 11:45:46

In November last year, the volume of retail trade turnover increased by 3.8 percent, compared to the same period of the previous year, according to both raw and calendar-adjusted data,...

Additional resources for the dairy sector again
Date: 2022-01-07 11:42:08

The government is committed to the development of domestic milk production and milk processing, therefore the actors of the sector will receive additional resources for development and expansion in the...

MKIK: 81 percent of companies plan to raise wages this year
Date: 2022-01-07 11:25:05

This year, 81 percent of companies plan to raise wages, 18 percent indicated that they will not change wages, while 1 percent expect a decline, MKIK told MTI in its...

The Ministry of Agriculture also helped the wineries with extraordinary support
Date: 2022-01-07 11:22:59

The wineries that were severely affected by the impact of the coronavirus pandemic on hospitality and tourism received 1.5 billion HUF in support at the end of 2021, the Ministry...

Nigeria is also interested in Hungarian seeds
Date: 2022-01-07 11:21:53

A cooperation agreement has been concluded between the Seed Association Interprofessional Organisation and Product Council and the Maize Association of Nigeria. In addition to mutual information transfer, the aim of...

Employment in the United States grew more than expected
Date: 2022-01-07 11:03:01

The number of employees in the United States grew more than expected in December, the ADP Institute for Labor Data Processing said. According to a report on the website of...

Inflation in the euro area hit a record high at the end of the year
Date: 2022-01-07 11:01:33

Inflation in the euro area accelerated to a record high in December, mainly due to continued significant increases in energy prices. According to a preliminary estimate by Eurostat, the European...

BMI: December has strong results
Date: 2022-01-07 10:56:39

The Seasonally Adjusted December Value of the Purchasing Managers’ Index (BMI) was 64.8, which was the result of a combination of factors. Due to the holidays, December typically consists of...

Family spending could be as much as 27,000 billion HUF in 2022
Date: 2022-01-07 10:45:22

A thousand and two hundred billion forints suddenly fell into the wallet that you had not expected before. But you also spend 80% of your money, and family spending jumps,...

Interest- and no-cost credit facility opens up for pig farmers
Date: 2022-01-07 10:04:17

Due to the drastic increase in feed prices and the difficulties of the pig market, a new element of the package of measures for the pig sector is becoming available....

A range of products will be permanently banned in tobacco shops
Date: 2022-01-07 08:52:55

Within weeks, the marketing of menthol tobacco and cigarettes in Hungary will be banned. According to the notice published in the Hungarian Gazette, Government Decree No. 39/2013 (II.14.) on the...

Oldal

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Inflation is at a 25-year high in the OECD Date: 2022-01-12 11:12:23

Hungary provides outstanding support to agriculture Date: 2022-01-12 10:49:40

The experts of the Chamber of Agriculture help farmers navigate in the post-2023 agricultural subsidies Date: 2022-01-11 11:43:08

Domestic consumption has increased VAT revenues Date: 2022-01-11 11:41:13

Kids also understand inflation Date: 2022-01-11 11:23:06

This year, the promotion of Hungarians will be supported with a budget of HUF 930 million Date: 2022-01-11 11:18:46

Investor sentiment in the euro area improved in January Date: 2022-01-11 11:15:30

Available to anyone Date: 2022-01-11 10:21:53

Magazine: Agri-food systems emit more and more harmful gases Date: 2022-01-11 06:44:24

Pork can become more expensive Date: 2022-01-10 11:40:56

Analysts: last November’s retail sales fell short of expectations Date: 2022-01-10 11:40:13

Farmers bought seven percent more new tractors last year Date: 2022-01-10 11:20:09

Last year, retail sales in Romania grew by 10.5 percent in the first eleven months Date: 2022-01-10 11:10:02

Retail sales increased in the euro area Date: 2022-01-10 11:05:06

K&H: when yoghurt or shoes become more expensive – this is what “child inflation” looks like Date: 2022-01-10 10:52:54

Let’s pour clean water into the glass Date: 2022-01-10 10:46:34

Hungarian Product trademark turns costs into savings Date: 2022-01-10 10:15:52

Magazine: About food regulations in an understandable way: The probiotics story Date: 2022-01-10 06:44:52

One day, we spent 3416 forints in the store Date: 2022-01-07 12:17:06

KSH: sales of retail stores increased by 3.8 percent Date: 2022-01-07 11:45:46

Additional resources for the dairy sector again Date: 2022-01-07 11:42:08

MKIK: 81 percent of companies plan to raise wages this year Date: 2022-01-07 11:25:05

The Ministry of Agriculture also helped the wineries with extraordinary support Date: 2022-01-07 11:22:59

Nigeria is also interested in Hungarian seeds Date: 2022-01-07 11:21:53

Employment in the United States grew more than expected Date: 2022-01-07 11:03:01

Inflation in the euro area hit a record high at the end of the year Date: 2022-01-07 11:01:33

BMI: December has strong results Date: 2022-01-07 10:56:39

Family spending could be as much as 27,000 billion HUF in 2022 Date: 2022-01-07 10:45:22

Interest- and no-cost credit facility opens up for pig farmers Date: 2022-01-07 10:04:17

A range of products will be permanently banned in tobacco shops Date: 2022-01-07 08:52:55