Market News
Hungarian Confectionery Manufacturers on Palm Oil
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...
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Eight to ten tons of waste were picked from the Upper Tisza within the PET cup
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....
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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
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...
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Children in need receive a free school pack
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...
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KSH: the rise in agricultural producer prices accelerated further in June
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...
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Three times as much mineral water is consumed as an average day
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,...
Read moreAutumn cereal seeds can become more expensive
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...
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Magosz expects more than 600 tons of wheat to be donated to the Bread of the Hungarians program this year
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...
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Fungal infections can kill Colombian bananas
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....
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Investor sentiment in the euro area is on a more than seven-year low
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...
Read moreConsumer prices in the United States have risen
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,...
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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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