Market News
Food prices jumped at the European Parliament’s canteen
Officials have filed a formal complaint to the European Parliament in Brussels after experiencing an increase in canteen prices there – hvg.hu wrote after Politico. The price increase is 25...
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Expert: nutritional allergies are growing faster than the respiratory allergies
The number of people affected by nutritional allergies is growing faster than those with respiratory allergies – the chairman of the Association of Home Pediatricians told M1 news channel on...
Read moreThe ancestors of the pigs underwent a complete genetic change after their arrival into Europe
The ancestors of the pigs underwent a complete genetic change after their arrival into Europe – a British study found. According to archeological evidence, the ancestors of pigs were once...
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Startups can profit the most from Brexit
According to Deloitte’s latest venture capital confidence survey in Central Europe, Brexit had a negative influence on investor confidence. Only 7 percent of respondents said they think things will take...
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Magazine: The retail market is changing in Germany too
The cooperatives Edeka and Rewe continue to be very strong and have seen continuous sales growth. Even though discounters account for an overall market share of above 30 percent and represent...
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The demand for higher quality products has made vegetables more expensive
Fórián Zoltán, Senior Agricultural Expert of the Erste Agricultural Competence Center told Világgazgaság about why vegetables have become more expensive this year – origo wrote. The increase in demand for...
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Harvesting began with the collection of Csabagyöngye
Harvesting of the earliest ripening grape, Csabagyöngye, began on Monday in Hungary and in the northern hemisphere – Varga Máté, managing director of the Varga Pincészet Kft. told in Ordacsehi,...
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The establishment and development of a NAK information bank would stabilize the onion sector
Hungarian onion growers would improve the export – import ratio and domestic security of supply, thus stabilizing the sector with onion information bank and technological advances, with the professional support...
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Nébih: Baby food requires special attention in the summer heat
In the summer, efforts must be made to comply with hygienic kitchen rules, as bacteria favors fresh foods, making foodborne illnesses more common – the National Food Chain Safety Authority...
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August is strawless again!
For the third time, the Responsible Gastro Hero Foundation launched the Strawless August campaign. During the month, people are asked to pay close attention to avoid getting straws in their...
Read moreA ban on plastic bags is planned in Germany
Retail plastic bags are about to be banned in Germany, and the issue may be on the agenda of both chambers of the legislature -the German daily Bild am Sonntag...
Read moreIfo’s third quarter global economic sentiment deteriorated
The World Economic Sentiment Index of the Munich-based ifo Economic Research Institute has deteriorated for the third quarter – according to the results of the World Economic Survey (WES) sent...
Read morePotatoes and vegetables became more expensive in the Czech Republic
In July, annual inflation in the Czech Republic accelerated to 2.9 percent from the 2.7 percent in June – the Czech Statistical Office announced in Prague on Monday. Analysts expected...
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Magazine: Let’s drink a bit of fruit
In 2018 the fruit juice market produced a record-breaking, more than 10-percent value sales growth. Adrienn Papp-Zelena, Sió-Eckes Kft.’s trade marketing coordinator told: the sales growth of market leader SIÓ...
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Food prices are falling
Following the rapid rise in prices in recent months, Privátbankár.hu measured an unusually large drop in food prices – piacesprofit.hu wrote. According to the most recent August price survey, prices...
Read moreFM Secretary of State: 170 billion HUF for irrigation development in ten years
The government plans to support the development of irrigation with 17 billion HUF a year, and with a total of 170 billion HUF between 2020 and 2030, the Parliamentary State...
Read moreFruitVeB: plum yields may be slightly better than mediocre this year
The plum harvest may be slightly better than mediocre this year, with growers harvesting about 60-65,000 tonnes from 6,600 hectares. Last year 65-70,000 tonnes were harvested – the vice president...
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Exports of live cattle have increased
Exports of live cattle increased by 22 percent to 22,000 tonnes from January to June 2019, compared to the same period of last year, and the production of acidified products...
Read moreBread of Hungarians: wheat collected by Transcarpathian Hungarian farmers were mixed in Nagydobrony
Over 100 tons of wheat from the Transcarpathian Hungarian farmers were united on Saturday in the Nagydobrony, Ungvár district. In his welcome speech, Jakab István, President of the Association of...
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Australian farmers launched a campaign to protect the term milk
Australian farmers have launched a campaign to protect the term “milk”. In their opinion, plant-based products could no longer bear that name – origo wrote. Australian farmers are campaigning to...
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A quarter of the Earth’s population is facing critical water shortages
Seventeen countries, mostly in Africa and the Middle East, are already experiencing one of the most cruel symptoms of climate change, extreme water shortage – privatbankar.hu wrote. According to a...
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Shoppers want the personal contact
In May JLL published a study about the future of retail. From this we learned that 65.2 percent of ‘veteran’ consumers need a professional’s help when shopping, for Baby Boomers entertainment...
Read moreConsumer prices increased by 3.3 percent in July
In July, consumer prices were 3.3 percent higher on average year-on-year, and were 0.2 percent higher compared to June – according to the Central Statistical Office (KSH). Inflation declined further,...
Read moreThe first-half annual export surplus is 3.3 billion euros
In the first half of the year, the value of exports in euros increased by 3.2 percent and imports by 5.0 percent. The export trade surplus was 3,328 billion euros,...
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Nébih is satisfied with the mobile shops
The first phase of the summer seasonal food chain inspection has been completed, with experts withdrawing about 7 tons of food worth about 1.4 million HUF from the market. This...
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Seventy million forints worth fake branded clothes were seized on M5 motorway
In excess of seventy million forints, more than six thousand pieces of fake branded clothes were seized by a National Tax and Customs (NAV) employee on the M5 motorway from...
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Europe’s winemakers: climate change and adaptation
Climate change may increasingly force European wine producers to rethink their planting and farming practices so far, even for the sake of elementary survival – privatbankar.hu wrote. Planting of varieties...
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More and more young entrepreneurs in Hungary
Entrepreneurship is growing stronger and stronger worldwide and the Hungarians are also getting more optimistic. Four out of ten young people would start own company – Amway’s Global Entrepreneurship Report...
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Traffic increased in most of the web shops
Domestic retail sales are increasing further, and data shows that it is really worth launching an online store now – penzcentrum.hu wrote. 55 percent of domestic webshops reported about sales...
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Analysts: industrial production data indicate a slowdown in economic growth
Economic growth peaked in the first quarter and a slowdown in GDP growth started in the second quarter, according to analysts interviewed by MTI on the first estimate on industrial...
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