Market News
Retail sales continued to pick up
According to raw data, retail sales in November last year were 6.8 percent higher than in the same period of the previous year. Calendar effect adjusted the growth was 7.3...
Read more
New changes in the Hungarian Food Book
The expected tightening of the Hungarian Food Book has brought the expected results, so this year’s product ranges are expected to be revised. According to the National Food Chain Safety...
Read moreAM: support for beekeepers and utility pigeon holders will increase significantly this year
The Ministry of Agriculture (AM) has significantly increased its support for beekeepers and utility pigeon keepers. The support available for maintaining the health of the bee will increase from five...
Read more
The number of employees continued to increase
In the three-month period of September to November last year, the average number of employed was 4 million 517 thousand 23,000 ie 0.5 percent more and the employment rate of...
Read more
The Banking Association is committed to an instant payment system
The Hungarian Banking Association is committed to the success of the instant payment system, which will bring a new era of payment to the economy, but in order to make...
Read morePolice discovered 250 online scams in eleven days
The Hungarian police took part in an international campaign focusing on online product purchases last fall, which revealed 250 online scams worth 41.5 million forints in eleven days, the National...
Read more
According to a survey, the proportion of youth saving has increased by more than half in ten years
In ten years, the proportion of saving young people has increased by more than half. According to a K&H group survey of start-ups, 19-29 year olds, their average savings increased...
Read more
Inflation accelerated in the euro area
It accelerated to a six-month peak, but still lagged behind the inflation target in consumer price growth in the euro area in December, according to a flash estimate of the...
Read moreRomanian retail sales increased
In the first eleven months of last year, Romanian retail sales increased by 7 percent, compared to the same periodof last year – the Romanian National Institute of Statistics announced...
Read moreChina does not increase its import quotas for cereals
China will not increase its import quotas for cereals, which could make it difficult to comply with a sub-agreement expected to be signed next week to close the US-China trade...
Read more
KSH: rise in earnings continued
In October last year, average gross earnings were 365,100 HUF, 11.6 percent higher than a year before. Excluding public employment, gross average earnings increased by 11.2 percent to 375,300 HUF....
Read more
The winemakers expect a good vintage
In the Villány wine region, the 2019 harvest was good in terms of quantity and quality – the secretary of the 2,500-hectare vineyard area told MTI. According to Nagy Gergely,...
Read moreSupport for vineyard development can be claimed in January
Support for the so-called restructuring development that can be spent on the modernization of vineyards, can be applied between 15 and 28 January – the Secretary General of the National...
Read more
New complex soil management technology can help to combat drought
Drought is one of the biggest challenges of climate change is affecting agriculture. It can be tackled by the use of a new domestic complex soil management technology, using three...
Read moreAnother 26,000 pigs have to be slaughtered due to African swine fever in Romania
Another 26,000 pigs have to be slaughtered by the Romanian Animal Health and Food Safety Authority (ANSVSA) following the detection of African swine fever (ASP) virus in a pig farm...
Read moreGerman retail sales grew faster than expected
According to preliminary data released by the Federal Bureau of Statistics (Destatis) on Monday, retail trade sales grew by 2.1 percent in real terms and by 2.1 percent on nominal...
Read more
The euro area private sector remained close to stagnation in December
Eurozone’s private sector performance remained close to stagnation in December, as the recovery in the services sector could only partially offset the crisis in the manufacturing industry – according to...
Read more
OKSZ: year-end sales in stores broke all records
All records so far have been broken by year-end store sales, with total retail sales exceeding 1,200 billion HUF, of which more than 100 billion HUF has been spent on...
Read more
Hundreds of tons of goods were withdrawn by Nébih in 2019
Hundreds of tons of unknown and dangerous goods were withdrawn from the market in 2019 by the National Food Chain Safety Authority (Nébih) – portfolio wrote after Magyar Nemzet. The...
Read moreAgricultural economist: Hungarian agriculture is on a long-term development path
Hungarian agriculture is on a long-term growth path. Last year, output increased by more than 3 percent. compared to the previous year – Fórián Zoltán, agricultural economist told M1 news...
Read more
MLBKT: increased PMI in December
The Seasonally Adjusted Purchasing Manager Index (PMI) for December was 53.9, showing a generally more favorable trend compared to the previous month. In 2018, the trend was positive, which continued...
Read more
Nebih warns of a closed disease control
Bird flu continues to occur sporadically in Europe, so poultry keepers have to keep their plants closed due to disease control – the statement from the National Food Chain Safety...
Read more
MA-HAL: 30 to 35 percent of annual fish consumption occurs at the end of the year
30-35 percent of annual fish consumption falls to the end of the year, a spokesman for the Hungarian Aquaculture and Fisheries Trade Organization (MA-HAL) told M1 news channel. Lévai Ferenc...
Read moreThe European Parliament would tighten up the protection of bees
On Wednesday, the European Parliament called for stricter regulation on the protection of bees and other pollinators by the European Commission. The resolution adopted in Strasbourg calls for more targeted...
Read more
The Health Fairy Monsters arrived to the kids
The first story of the Health Fairy Tales series has been published, with tens of thousands of copies were distributed to 50 kindergartens and schools before the holidays with the...
Read moreAbout 700,000 tourists visit Prague in December
About 700,000 tourists booked accomodiations in Prague in December. That’s 4.5 percent more than in December 2018 – the Prague City Tourism (PCT) company announced on Thursday. According to the...
Read more
Hungaricool winners: Top culinary products on the shelves of Interspar stores
In the following we present the 10 winners from the 269 entries in the Hungaricool product innovation competition organised by SPAR with professional support from the Agricultural Marketing Centre. Heart...
Read more
Fisheries organization: plentiful supply of fish, price changes are not expected
The festive fish supply is plentiful as the weather is favorable for farming and consumer prices are unchanged, compared to last year – the spokesman of the Hungarian Aquaculture and...
Read moreNegotiations on the new Common Agricultural Policy will continue in Brussels next year
At the Agriculture and Fisheries Council on Monday, EU agriculture ministers agreed that further negotiations on the details of the new Common Agricultural Policy (CAP) were needed and that an...
Read more