Market News
Survey: Hungarians plan to spend an average of 59,000 HUF on Christmas presents this year
The Hungarian population plans to spend an average of 59,000 HUF per person on Christmas gifts this year, Telenor told MTI on Friday based on a nationally representative survey of...
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Agricultural outut in the EU decreased in 2020
The agricultural production of the European Union decreased significantly last year, writes agrarszektor.hu. According to Eurostat, the sector’s output in 2020 was 1.1 percent lower than in 2019. The biggest...
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HEPA is building business relations with Canada
In order to strengthen the business relations between Canada and Hungary and to establish new relations, the business delegation of the Hungarian Export Development Agency HEPA visited Canada, the HEPA...
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An agricultural hall built in Vésztő for two hundred and twenty million forints
An agricultural hall in Vésztő, Békés County, was built with two hundred and twenty million forints of EU support. The 1,200-square-meter facility also has two cold rooms and a crop...
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Consumers are not familiar enough with dietary supplements, according to a survey by Nébih
According to Nébih’s survey, many people consume food supplements, typically several kind of, but not everyone is aware of the basic information about the product range, so the agency’s experts...
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Kende Gastro to open automated store in Budapest featuring AiFi technology
At the September meeting of the Chain Bridge Club Gábor Kende, founder and director of Kende Gastro introduced their cashierless automated store, which is to open in Agora Budapest and...
Read moreThe Conference Board’s overall U.S. economic index rose in October
The Conference Board’s Economic Research Institute’s Comprehensive U.S. Economic Index rose more than expected in October. According to a report released by the institute on Thursday, the value of the...
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(HU) Először hazánkban a Miskolci Egyetemen érhetőek el a csomagolásmentes vízautomaták
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(HU) Átlagosan közel 60 ezret tervezünk idén karácsonyi ajándékokra költeni
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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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