Market News
Domestic cucumbers are cheaper than last year
Domestic cucumbers may be cheaper than last year; according to the data of the Institute of Agricultural Economics, the producer price of domestic snake cucumbers in Budapest Wholesale Market is...
Read moreThe Agricultural Chamber continues the development of irrigation by preparing seven investments
This year, with the preparation of seven water facility projects, irrigation development will continue, with the government allocating 594 million forints – the National Agricultural Chamber (NAK) told on Friday....
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Nébih: it is not too late to defend against the monilia in sour cherry and peach trees
It is not too late to protect against monil disease in sour cherries and peach trees – the National Food Chain Safety Agency (Nébih) points out on its website. They...
Read moreThe US consumer sentiment deteriorated significantly in April
US consumer sentiment worsened much more than expected in April, according to the the preliminary results of the Michigan University’s regular monthly survey, which were published on Friday. The consumer...
Read morePM: Hungarian companies can get opportunities in several areas in Eurasian markets
Through cooperation with the Eurasian Development Bank, Hungarian companies see investment opportunities in the water, transport and information technology, pharmaceutical and health industries, agricultural technologies and food and vehicle industries...
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More than 7,800 tons of smoked goods are consumed during the holiday season
More than 7,800 tons of ham and other cooked and smoked meat products are consumed during the Easter celebration in a value of 13 billion forints – Mostisch Martina, Executive...
Read moreDespite the challenges, the output of the pig sector has increased
Despite the Russian embargo and market crisis caused by African swine fever, emissions from the pig sector grew by 3 percent and 1.8 percent, respectively, last year – Feldman Zsolt,...
Read moreThe agricultural research center is begins a country tour for the mitigation of drought damage
The National Agraricultural Research and Innovation Center (NAIK) is launching a professional country tour to give farmers the new knowledge that can effectively reduce drought damage – the director general...
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AM: the ministry is doing its utmost for the competitiveness of the egg, vegetable and fruit sectors
The state’s margin of maneuver is influenced by Hungarian and EU legislation when influencing market processes, while the Ministry of Agriculture (AM) makes use of all possibilities and grabs all...
Read moreConsumer protection: data protection requires the exchange of customer book forms
Due to the increased protection of personal data, you will soon need to change your customer book form so that other customers do not have access to personal information such...
Read moreIn order to comply with plant protection regulations, Nébih is committed to protecting bees
By complying with plant protection legislation and regulations, the risk to bees can be minimized – the National Food Chain Safety Agency (Nébih) pointed out on its website. According to...
Read moreMabisz: the highest amount of agricultural-damage relief is available only with insurance
The producer receives 100 percent of the aid awarded from the compensation fund only if the producer has market insurance, otherwise the producer can only expect a 50 percent reimbursement...
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Meat industrial traineeship days continue
The Food Industry Directorate of the National Chamber of Agricultural Economics (NAK) launches “Learn together!” programs on new topics based on membership requirements. During the professional days dedicated to the...
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How the world’s largest family businesses are responding to the Transformative Age
The 2019 EY and University of St Gallen Global Family Business Index provides significant insights into the world’s largest family-owned businesses, ranked by revenues. This year we see little change...
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The towel is as clean as the toilet room
Probably this is what we could say about the results of the survey conducted by Chicago-based Culinary Visions and published in March. One of their most important findings is that...
Read moreFebruary was a good month in retail trade
In February 2019 like-for-like retail volume sales (combined sales of physical stores, mail order companies and online shops) augmented by 8.4 percent – adjusted for calendar effects – reported the...
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3.7 per cent price increase in March
According data from the Central Statistical Office (KSH), consumer prices were 3.7 percent higher in March 2019 than in March 2018. Food prices jumped 5.4 percent. Seasonal product prices (potatoes,...
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GKI forecast: inflation speeding up, domestic use slowing down
At a press conference held on 27 March, GKI presented its first economic forecast for 2019. GKI foresees a 3.5-percent ecomomic growth, which will be generated by domestic use –...
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Cheaper eggs
According to the latest market report of the Agricultural Economics Research Institute (AKI), Hungary’s live cattle export grew by 6 percent in the first month of 2019 (in comparison with...
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Robots on the street
After a test run in May 2018, Co-op launched its home delivery by robots service in Milton Keynes (United Kingdom) in April 2019. The robots – manufactured by Starship Technologies...
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Meat Association: The meat industry grew by more than 8 percent last year
Thanks to the growth of the poultry sector, the performance of the meat sector increased by more than 8 percent last year – Éder Tamás, president of the Hungarian Association...
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Nagy István: the aim is to reach seven million animals in the rabbit sector
The Ministry of Agriculture (AM) and the Rabbit Product Board aim to bring domestic producers to 7 million animals by 2022 compared to the current 4-4.5 million rabbits – the...
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ITM: Consumer Controllers pay special attention to products related to Easter
For the government, the safety of families is particularly important – Kara Ákos, Minister of State of the Ministry of Innovation and Technology (ITM) emphasized on Wednesday at the press...
Read moreThe IMF improved this year’s and next year’s Hungarian GDP growth forecast
The International Monetary Fund (IMF) in its spring global economic forecast improved this year’s and next year’s Hungarian GDP growth forecast. The Hungarian economy may grow by 3.6 percent this...
Read moreMagosz: 30 percent of the grain can be the lost due to the drought
Due to drought, 30 percent of the cereal grains could be wasted – Jakab István, president of the Association of Hungarian Farmers (Magosz) told M1 news channel on Wednesday. The...
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Agricultural advisers assist in submitting uniform applications
The period for submitting uniform applications has begun: The agricultural advisers assist in submitting uniform applications free of charge – the National Agricultural Chamber (NAK) informed in a communication. NAK...
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How to keep your customers?
Market data from 2018 reveal that the growth in the number of online shoppers is slowing down in Hungary. Consequently, online retailers value returning shoppers more and more. Well-working call...
Read moreLast year, the Romanian beer market grew by 3 percent
Last year, the Romanian beer market grew by 3 percent. The population consumed 16.6 million hectoliters of beer – the Romanian Association of Beer Manufacturers announced. This means 85 liters...
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What you need to know about instant payment
On 1 July 2019 the instant payment system will be launched in Hungary, by using which recipients get the money after bank transfers in 5 seconds on any day of...
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Profitmaximalizálás automatizációval
Az nem kérdés, hogy a kereskedők számára a jó árképzés legalább olyan fontos, mint például a célzott vásárlói réteg igényét kielégítő termékválaszték kialakítása. Egy bizonyos termékelemszám felett azonban pusztán hagyományos...
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