Market News
Nielsen: 184 million cans of coke is consumed every year
In excess of fifty billion forints, about 3 million hectoliters of cola was consumed in Hungary between July 2018 and June 2019, representing an increase of more than 10 percent...
Read moreAnalysts: retail sales growth remains decent
Rise in real wages will keep retail sales up, but the pace may decline as more income is spent on services, investments or savings – experts interviewed by MTI commented...
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Agricultural economist: 50 percent less apples have grown, compared to last year
Apple trees last year produced 900,000 tons of fruit in Hungary, and due to the weather, we can expect about half of this amount this year – agricultural economist Fórián...
Read moreBudapest Bank: agricultural businesses are characterized by positive expectations
Hungarian agricultural enterprises are characterized by a positive mood due to the relatively high level of investment and rising demand for agricultural products – according to the Budapest Bank’s Agri-Economic...
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More than 670 million HUF for the cultivation of vegetables
The consortium of the ZKI Vegetable Production Research Institute, the Flóratom Kft. and the Neumann János University won a non-refundable subsidy of 673 million HUF for the breeding of stress-tolerant...
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Nébih: all plant protection machinery must undergo technical inspection within three years
In the future, it will be mandatory to periodically review the technical condition of sprayers, with the aim of registering all the devices within three years – the National Food...
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The US would increase beef exports to the EU
US President Donald Trump signed an agreement on Friday in Washington with EU officials to increase US beef exports to the EU. The deal was signed at a ceremony in...
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Retail sales in the euro area were more favorable than expected
Retail trade growth in the euro area was much higher than expected in June, indicating that household consumption continues to support economic growth through declining export performance. The European Union...
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Poor BMI data from the euro area
The Eurozone economy’s weakest performance in three months is indicated by the July IHS Markit Purchasing Manager Index -that was released on Monday by the London IHS Markit Research Institute....
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Magazine: So many changes
2018 was a record year for Dachser SE: net sales were up considerably, but the number and volume of shipments also increased a lot. The company recruited more than 1,500 new...
Read moreKSH: retail sales increased by 5.2 percent in June
According to the raw data retail sales grew by 4.3 percent in June. The calendar effect adjusted growth became 5.2 percent year-on-year – the Central Statistical Office (KSH) announced on...
Read moreNebih has expanded the area infected with African swine fever
The area infected with African swine fever (ASP) has been expanded in Hungary, affecting wildlife management units in Borsod-Abaúj-Zemplén and Jász-Nagykun-Szolnok counties – the National Food Chain Safety Authority (Nebih)...
Read moreBudapest was ranked among the best beer cities
CNN ranked Budapest among the 15 best beer cities in the world – index wrote. The Hungarian capital was included among such legendary cities as Portland, Brussels, Tokyo and Berlin....
Read moreThe grain also serves a beneficial purpose
In 2018, more than 5,000 farmers donated in Csongrád County under the Bread of the Hungarians Program. A total of 9,000 kilogrammes of flour could be used for charitable purposes,...
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Economic growth slowed in the second quarter in the euro area and in the EU
Economic growth both in the European Union and in the euro area slowed down significantly in the second quarter. According to the first estimate released by the European Union Bureau...
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Another four calls for proposals have been launched in the Hungarian Village Program in a value of 16 billion forints
Another four calls for proposals have been published on kormany.hu in the Hungarian Village Program with a budget of 16 billion forints – government commissioner responsible for the development of...
Read moreRomanian retail sales increased by nearly seven percent
According to raw data, Romanian retail sales grew by 6.8 percent in the first half of this year, compared to the same period of last year – the Romanian National...
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Natural is the new trend
Henkel Magyarország Kft.’s junior brand manager Abigél Győri spoke to our magazine about dynamic shampoo sales growth in 2018 and 2019. The appearance of new products in the market played...
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FAO: world food prices decreased in July
In July, food prices on the world market declined, mainly due to the decline in the prices of certain cereals and dairy products. After a five-month rise in food prices...
Read moreKSH: exports increased more than imports in May
In May, exports were up 4.6 percent year-on-year and imports were up 2.9 percent year-on-year, so the monthly export surplus became 674 million euros, 181 million euros more – according...
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The cottage cheese is protected by the European Union
The cottage cheese has been protected by the European Commission as a traditional specialty product – the Milk Interprofessional Organization and Product Board told MTI. The communication states that only...
Read moreNébih: the African swine fever virus appeared in Slovakia as well
After the outbreak of African swine fever (ASP) in Slovakia, the protection and surveillance zone set up for the case extends to Hungary, to Borsod-Abauj-Zemplen County – the National Food...
Read moreIn one year, the number of nylon bags sold in supermarkets in England has halved
In a year, the number of nylon bags sold in the UK’s largest supermarket stores has halved – according to British government data released Thursday. Asda, Marks and Spencer, Morrisons,...
Read moreConsumer confidence improved significantly in the United States in July
The Conference Board nonprofit economic research institute announced on Tuesday that its consumer confidence index increased to 135.7 points from the 124.3 points of June. Analysts expected a slight improvement...
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Ice cold drinks
Continuing the trend of recent years, ice tea sales grew in 2018 – as a matter of fact the sales growth was faster in both value and volume than in...
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EY: For CEOs, are the days of sidelining global challenges numbered?
The 2019 EY CEO Imperative Study reveals that investors and boards expect CEOs to respond to humanity’s greatest challenges – it’s the new growth imperative. But how? To date, most...
Read morePork may become more expensive over time
African swine fever could lead to a steady rise in pork prices in the next 4-5 years – penzcentrum.hu quotes Fórián Zoltán, a leading agricultural expert of the Erste Agricultural...
Read moreThe global beer market has expanded, and Hungary is a significant exporter of beer as well
Globally, more than 1.9 billion hectoliters of beer were sold last year. The world’s largest brewing nation is China, followed by the USA and Brazil in third. Instead of quantity,...
Read moreGKI: less confident mood in agriculture
Although their optimism has weakened, Hungarian agribusinesses are still confident about the future, and in the short term they are mostly concerned about the situation on the world market, and...
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