Market News
Support 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...
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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...
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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...
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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...
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Hundreds of tons of goods were withdrawn by Nébih in 2019
Hundreds of tons of unknown and dangerous goods were withdrawn from the market in 2019 by the National Food Chain Safety Authority (Nébih) – portfolio wrote after Magyar Nemzet.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...
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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...
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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...
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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...
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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...
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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...
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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 moreThe price of coffee jumped to heights has not seen for years
Coffee futures quotes have seen an overnight increase since 2015 – origo wrote. However, this is not a big surprise when we consider that commodity prices have increased by 38...
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More than one hundred million forints of fake branded clothes were seized on M43
More than nine thousands of fake branded clothes in a value of over seven million forints were seized by a National Tax and Customs (NAV) authority in a Truck on...
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Angel Shoe Box action sets record for helping Transylvanian needy
This year a record amount of 730 shoe boxes and fifty kilograms of durable foods have been collected by the Three Kings, Three Princess Movements, together with the Hungarian Scout...
Read moreThe Brits also enter the Chinese pork export competition
The Asian country is severely affected by African swine fever, a quarter of the herd has been killed or had to be slaughtered, leading to a surge in pork prices,...
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VR application teaches you how to wash hands properly
Adherence to hand hygiene rules can reduce nursing and school absenteeism by half, while healthcare-associated infections can be reduced by up to 70 percent. Virtual technology can help in this...
Read moreIn Germany, business sentiment improved in December
Business sentiment in Germany improved more than expected in December, according to a study by the Ifo Institute for Economic Research at the University of Munich. The improvement is another...
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Prices in the euro area have risen
Consumer prices in the euro area increased year-on-year in November, in line with analysts’ expectations. Final figures released by the European Union Bureau of Statistics (Eurostat) on Wednesday show that...
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Hungaricool: With product innovation for the development of the food industry
There was extraordinarily great interest in SPAR’s product innovation competition Hungaricool, which was implemented with support from the Agricultural Marketing Centre (AMC). From the 269 entries the 10 winner products...
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We eat apples in winter
Hungary does not need to import apples at all, due to the high quality and high yields of apples – magyarhirlap.hu wrote. In the winter season, apples are favored by...
Read moreSzázadvég: economic growth can be 5 percent this year
The Századvég Economic Researcher expects the Hungarian economy to grow close to or even 5 percent in 2019, one of the highest growth rates among EU countries. Slower growth of...
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Nébih: baking margarines met food safety considerations
Baking margarines are good from a food safety standpoint, but labeling deficiencies have been reported by the National Food Chain Safety Authority (Nébih) in this year’s closing test of the...
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The gap between the richest and poorest EU member state is narrowing but still huge
Slightly reduced but still huge gap between richest (Luxembourg) and the poorest country (Bulgaria), according to a report released last Thursday by the Statistical Office of the European Union (Eurostat)....
Read moreGDP growth of the G20 was 0.7 percent in the third quarter
Similarly to the second quarter, the gross domestic product (GDP) of the G20, which comprises the 19 largest economies and the European Union, grew by 0.7 percent in the third...
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