Market News
Farm 2 Fork strategy: A roadmap for the European food industry in the next decade
What is Farm 2 Fork? It was in May 2020 that the European Commission published its Farm 2 Fork (F2F) strategy. It is basically an action plan at the heart...
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New feature with Nielsen Brandbank
Nielsen Brandbank, the leading provider of digital product content solutions, unveils new content capabilities as part of their new Shopper Experience Platform. This platform enables brands to understand how complete...
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Versatile kitchen rolls remain popular
Réka Forgách, Essity Hungary Kft.’s brand manager told our magazine that household paper product sales maintained the 2020 level in value; however, in volume there was a slight decline. Sales...
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(HU) Új elnök a Magyar Pulykaszövetség élén: nehéz helyzetben az ágazat, reformokra van szükség
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KSH: The rise in agricultural producer prices slowed down in September
The four-month acceleration in the rise in agricultural producer prices came to a halt in September: purchase prices were 23.6 percent higher than a year earlier, 0.5 percentage points lower...
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AM: investment program was launched for the competitiveness of agriculture
In the next seven years, agriculture will be characterized by priority support for investments and precision developments related to the digital switchover, encouraging technological change, which will help farmers increase...
Read moreSzijjártó: Hungary is the main investment destination for Chinese companies in Central Europe
“The government’s strategy of opening up to the east has proved to be a clear success story, which is also evident from the fact that Hungary has now become the...
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Intrum: public solvency remained high, but declined slightly
The solvency of the population decreased by 8 percent compared to the previous quarter, but is 14 percent higher than in the same period of last year, according to the...
Read moreIt is already possible to apply for investments against frost damage
The applications for the support of investments for the prevention of spring frost damage can be submitted from 17 November, Minister of Agriculture István Nagy informed in a statement of...
Read moreAnalysts: economic growth has slowed more than expected
The growth of the Hungarian economy in the third quarter came as a negative surprise, analysts told MTI, who see growth slowing more than expected in the third quarter. Economic...
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MNB: households’ willingness to save in the third quarter declined
Households’ financial savings fell by a third to 681 billion HUF in the third quarter compared to the previous year, by 14 percent year-on-year, according to preliminary data published by...
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ÖMKI: new videos in the library supporting organic farming
The video library of the Research Institute of Organic Agriculture (ÖMKI) supporting organic farming will be expanded with new short films, ÖMKI told MTI on Wednesday. The site, which contains...
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Hungarian researchers received a grant of 2.5 million euros to study ecological grazing methods
Hungarian researchers have received 2.5 million euros in EU funding for studies to reduce the environmental impact of ivermectin use in agriculture, ELKH told MTI. Modern animal husbandry today is...
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Moderate consumption of tea and coffee may reduce the risk of stroke and dementia
Moderate coffee and tea consumption may be associated with a reduced risk of stroke and dementia, a new study by The Guardian found. Scientists have followed the data of 365,000...
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Avian influenza has also appeared in two farms in Bács-Kiskun County
The presence of avian influenza virus was detected in animals in two farms in Bács-Kiskun County, the laboratory of the National Food Chain Safety Office (Nébih) confirmed. The affected stocks...
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PLMA’s 2021 “World of Private Label” International Trade Show cancelled
Based on the press release of PLMA International Council issued on 15. November, the personal Trade Show had to be cancelled in spite of all the automn advertising campaign. As...
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Inflation accelerated to a near 30-year high in the euro area in October
Steeply rising energy prices pushed inflation in the euro area to a 30-year high of twice the central bank target in October. According to the final data released by the...
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GKI forecast for 2021-2022 – Ahead of the parliamentary elections
GKI forecasts a 7-percent economic growth for 2021. In the first half of the year the increasing export surplus was the engine of growth, while in the second six months...
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(HU) Hadat üzen a rossz beltéri levegőnek a Daikin
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Hungarian GDP grew by 6.1 percent on an annual basis
In the third quarter, Hungary’s gross domestic product (GDP) was 6.1 percent higher than a year earlier, according to raw and seasonally and calendar-adjusted data, the Central Statistical Office (KSH)...
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The grape growing area in Hungary has been declining for decades
In the last thirty years, the grape growing area in Hungary has decreased brutally, agrarszektor.hu wrote. While according to the latest data published by the Central Statistical Office (KSH), the...
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The producer market in Nagykamarás was handed over in Tuesday
The producer market in Nagykamarás, Békés County was handed over on Tuesday. It was completed from sixty million forints. Erdős Norbert, Secretary of State for Food Chain Supervision of the...
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In the third quarter, euro area GDP grew by 2.2 percent on a quarterly basis
In the third quarter, euro area gross domestic product (GDP) grew by 2.2 percent from the previous quarter, according to a report by the European Union’s statistical office, Eurostat, on...
Read moreRetail sales in the United States grew faster than expected in October
Retail and hospitality sales in the United States grew faster than expected in October. It seems that the Christmas season has already started, many people have started shopping so as...
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Penny Market prize game: 22 trademark users joined
Hungarian Product Nonprofit Kft. organised a tailor-made prize game with Penny Market for the first time. According to Hungarian Product’s managing director Eszter Benedek, the first week’s data forecast that...
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Miklós Nagy: ‘The SUP directive was hastily passed legislation’
Our magazine interviewed Miklós Nagy, secretary general of the Hungarian Association of Packaging and Materials Handling (CSAOSZ). – How useful is the banning of single-use plastics? – Many people think...
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Bread can be very expensive
The mills could increase the delivery price of flour by 40 percent in January, and although all of this is considered by experts to be a bit excessive, they are...
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ITM found objectionable discrepancies in a tenth of dietary supplements
In a study commissioned by the Ministry of Innovation and Technology (ITM), preparations containing vitamins and minerals and live flora probiotics were tested, a total of forty-one; the ministry’s food...
Read moreNVI: more than 22,000 signatures for the initiative to protect bees and farmers
More than 22,000 signatures have been handed over by organizers to the National Electoral Office (NVI) for a European citizens’ initiative to protect bees and farmers, the NVI told MTI....
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MABISZ: this year’s agricultural damage is estimated at ten billion forints
By the end of October, insurers had paid about 10 billion HUF in plant damage, mainly due to hail. In the meantime, the Ministry of Agriculture has further increased the...
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