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Market News

AM: dry product manufacturers can apply for support by August 30
Date: 2019-08-15 11:06:41

The application for cost support will be extended by two weeks for shipment producers, who will then be able to record the required document on the surface of the Hungarian...

NAV seized fake perfumes and cosmetics in Budapest
Date: 2019-08-15 11:04:07

Large quantities of fake branded perfumes, sunglasses, cosmetics and loudspeakers were seized by the National Tax and Customs Administration (NAV) in Budapest, causing damage to rightholders of nearly one billion...

Industrial production in the euro area declined more than expected
Date: 2019-08-15 11:00:34

According to a report released on Wednesday by the Statistical Office of the European Union (Eurostat), industrial production in 19 euro area countries fell by 2.6 percent year-on-year, with a...

Magazine: Where promotions are hunting for shoppers
Date: 2019-08-15 07:28:50

In Slovakia the top grocery retailers are Tesco, Lidl, Kaufland, Billa and Metro. This was one of the many interesting things that we could learn at the Slovakian retail congress –...

KSH: GDP increased by 4.9 percent in the second quarter
Date: 2019-08-14 11:55:41

Hungary’s gross domestic product (GDP) grew by 4.9 percent in the second quarter and by 5.1 percent in the second quarter, according to seasonally and calendar-adjusted and balanced data, compared...

AM: Cattle breeders may apply for new support
Date: 2019-08-14 11:40:44

The Ministry of Agriculture (AM) is launching a new support program to raise production efficiency in the beef cattle and buffalo sector, as well as the genetic quality of the...

The Agricultural Research Center will receive 260 million HUF a year for three years
Date: 2019-08-14 11:20:24

The National Center for Agricultural Research and Innovation (NAIK) receives 260 million USD a year in funding for three years, and the institution received funding under the Thematic Excellence Program...

Hungarian Confectionery Manufacturers on Palm Oil
Date: 2019-08-14 11:15:49

Palm oil issues have aroused considerable interest and have been the subject of serious debate recently. The confectionery industry is aware that current palm oil management raises important issues. Because...

Eight to ten tons of waste were picked from the Upper Tisza within the PET cup
Date: 2019-08-14 11:12:17

Eight to ten tons of waste from the Upper Tisza between Tivadar are Záhony were decontaminated this year by participants of the PET Cup – the organizers announced on Wednesday....

Cofidis: those who plan to raise up children consider infancy, those who already have children consider the young adult period to be cost the most
Date: 2019-08-14 11:10:42

The Cofidis Credit Monitor survey is conducted four times a year by the NRC Marketing Research and Consulting Ltd. on a sample of 500 persons online. The data are representative...

Children in need receive a free school pack
Date: 2019-08-14 11:03:37

Children from cumulatively disadvantaged families will receive a free pack of school supplies for school start-up – the state secretary for social affairs at the Ministry of Human Resources announced...

KSH: the rise in agricultural producer prices accelerated further in June
Date: 2019-08-13 11:55:32

In June, agricultural producer prices increased by an average 10.5 percent, compared to the average of the previous year. The annual increase in crop and horticultural products jumped from the...

Three times as much mineral water is consumed as an average day
Date: 2019-08-13 11:30:38

Hungarian supermarket chains sell three times as much mineral water in the heat of the day as on an average day – origo wrote after Világgazdaság. The magazine’s retail outlook,...

Autumn cereal seeds can become more expensive
Date: 2019-08-13 11:20:24

The price of autumn cereal seed may increase slightly, among other things due to rising production costs – according to the forecast of the Seed Association Interprofessional Organization and Product...

Magosz expects more than 600 tons of wheat to be donated to the Bread of the Hungarians program this year
Date: 2019-08-13 11:10:30

So far, some 400 tons of wheat has been collected in Hungary under the Bread of the Hungarians in the Carpathian Basin program. The wheat was donated by farmers to...

Fungal infections can kill Colombian bananas
Date: 2019-08-13 11:08:33

Slowly, humanity seems reach an important juncture: either it is cultivating and consuming a new type of genetically modified banana, or it is giving up banana permanently – Index wrote....

Investor sentiment in the euro area is on a more than seven-year low
Date: 2019-08-13 11:05:26

In August, the German and Eurozone Economic sentiment index of the Mannheim-based ZEW Economic Research Institute fell to a 7.5-year low – according to a survey released on Tuesday. ZEW’s...

Consumer prices in the United States have risen
Date: 2019-08-13 11:00:36

Consumer prices in the United States rose slightly more than expected in July, but this is likely to alter little in the expectation that the Federal Reserve’s open market committee,...

Food prices jumped at the European Parliament’s canteen
Date: 2019-08-13 11:00:30

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...

Expert: nutritional allergies are growing faster than the respiratory allergies
Date: 2019-08-13 11:00:27

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...

The ancestors of the pigs underwent a complete genetic change after their arrival into Europe
Date: 2019-08-13 10:59:16

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...

Startups can profit the most from Brexit
Date: 2019-08-13 10:36:24

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...

Magazine: The retail market is changing in Germany too
Date: 2019-08-13 07:48:36

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...

The demand for higher quality products has made vegetables more expensive
Date: 2019-08-12 11:35:49

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...

Harvesting began with the collection of Csabagyöngye
Date: 2019-08-12 11:25:25

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,...

The establishment and development of a NAK information bank would stabilize the onion sector
Date: 2019-08-12 11:15:21

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...

Nébih: Baby food requires special attention in the summer heat
Date: 2019-08-12 11:04:47

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...

August is strawless again!
Date: 2019-08-12 11:04:35

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...

A ban on plastic bags is planned in Germany
Date: 2019-08-12 11:03:25

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...

Ifo’s third quarter global economic sentiment deteriorated
Date: 2019-08-12 11:02:23

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...

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AM: dry product manufacturers can apply for support by August 30 Date: 2019-08-15 11:06:41

NAV seized fake perfumes and cosmetics in Budapest Date: 2019-08-15 11:04:07

Industrial production in the euro area declined more than expected Date: 2019-08-15 11:00:34

Magazine: Where promotions are hunting for shoppers Date: 2019-08-15 07:28:50

KSH: GDP increased by 4.9 percent in the second quarter Date: 2019-08-14 11:55:41

AM: Cattle breeders may apply for new support Date: 2019-08-14 11:40:44

The Agricultural Research Center will receive 260 million HUF a year for three years Date: 2019-08-14 11:20:24

Hungarian Confectionery Manufacturers on Palm Oil Date: 2019-08-14 11:15:49

Eight to ten tons of waste were picked from the Upper Tisza within the PET cup Date: 2019-08-14 11:12:17

Cofidis: those who plan to raise up children consider infancy, those who already have children consider the young adult period to be cost the most Date: 2019-08-14 11:10:42

Children in need receive a free school pack Date: 2019-08-14 11:03:37

KSH: the rise in agricultural producer prices accelerated further in June Date: 2019-08-13 11:55:32

Three times as much mineral water is consumed as an average day Date: 2019-08-13 11:30:38

Autumn cereal seeds can become more expensive Date: 2019-08-13 11:20:24

Magosz expects more than 600 tons of wheat to be donated to the Bread of the Hungarians program this year Date: 2019-08-13 11:10:30

Fungal infections can kill Colombian bananas Date: 2019-08-13 11:08:33

Investor sentiment in the euro area is on a more than seven-year low Date: 2019-08-13 11:05:26

Consumer prices in the United States have risen Date: 2019-08-13 11:00:36

Food prices jumped at the European Parliament’s canteen Date: 2019-08-13 11:00:30

Expert: nutritional allergies are growing faster than the respiratory allergies Date: 2019-08-13 11:00:27

The ancestors of the pigs underwent a complete genetic change after their arrival into Europe Date: 2019-08-13 10:59:16

Startups can profit the most from Brexit Date: 2019-08-13 10:36:24

Magazine: The retail market is changing in Germany too Date: 2019-08-13 07:48:36

The demand for higher quality products has made vegetables more expensive Date: 2019-08-12 11:35:49

Harvesting began with the collection of Csabagyöngye Date: 2019-08-12 11:25:25

The establishment and development of a NAK information bank would stabilize the onion sector Date: 2019-08-12 11:15:21

Nébih: Baby food requires special attention in the summer heat Date: 2019-08-12 11:04:47

August is strawless again! Date: 2019-08-12 11:04:35

A ban on plastic bags is planned in Germany Date: 2019-08-12 11:03:25

Ifo’s third quarter global economic sentiment deteriorated Date: 2019-08-12 11:02:23