Market News
Magazine: They check before they spread
Butters, margarines, butter, cheese and sandwich spreads are competing with each other for a place on the dinner table. The two biggest categories are butter and margarine – the average prices...
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AM: less serious violations of the law and less fines in the spring food control
There were fewer serious infringements and the number of fines decreased as well during the seasonal food controls. The quality of the products under control has improved – the Ministry...
Read moreTakarékbank has raised its GDP growth forecast for 2019 and 2020
Takarékbank has raised its GDP growth forecast for 2019 from 4.2 percent to 4.4 percent and raised its GDP growth forecast for 2020 from 3.5 percent to 3.6 percent –...
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Hungarians spent more than 26,000 HUF per head on food at Easter last May
Hungarians spent 4 percent more than the average monthly spending on food and non-alcoholic beverages last month – the Central Statistical Office (KSH) announced on Monday. Of the most popular...
Read moreMKIK is also joining the collection of signatures against the reduction of agricultural subsidies
The Hungarian Chamber of Commerce and Industry (MKIK) joins the National Agrarian Chamber of Commerce (NAK) and the Hungarian Farmers’ Association (Magosz) in the signature collection against the reduction of...
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More than half of the Hungarians pay in cash according to a survey
Cash is still popular in Hungary, as more than half of people pay on a daily basis pay with cash – according to a representative survey of Intrum’s debt management....
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MNB: strong rental and investment demand in the domestic commercial real estate market
Demand for rental and investment in the domestic commercial real estate market is strong, supply can only react to this with delay. Last year the vacancy rate in the market...
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The national ice-damage reduction system was put into operation earlier than last year
Unlike in previous years, the national ice-reduction system was put into operation on Monday, which caused tens of billions of forints damage last season. According to the announcement of the...
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FruitVeB: weekend rainfall was good for the farmers and the orchards
The precipitation of the sown vegetable seeds and the flowering of the fruits was helped by the rainfall at the weekend, but it did not provide the necessary amount –...
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Magazine: FMCG brands and sports: Brand building and mission (Part 1)
László Madarász, director of marketing and strategy at Pick Szeged Zrt. opines that sports marketing (sponsorship) has several advantages, because it establishes a direct connection between the supported organisation and the...
Read moreThe risk of bee deaths is also assessed this year
As a result of this year’s high number of bee deaths, the Bee Risk Monitoring Program continues with increased sample number in cooperation with the National Hungarian Beekeepers Association (OMME)...
Read moreMabisz: farmers concluded 22,000 plant insurance contracts
Farmers concluded a total of twenty-two thousand plant insurance contracts in Hungary – Lambert Gábor, Communications Manager of the Hungarian Insurance Association (Mabisz) told M1 news channel. He drew attention...
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Nébih: The ban on catching six more fish species begins on 15 April
A ban on the catching of six more species begins on 15 April: Restrictions on the catch of the Garda, Domolykó, Paduc, Bream, Jász Bream and Márna will last until...
Read moreIn the United States, consumer prices increased more than expected in March
In the United States, consumer prices rose at a slightly stronger rate than expected in March, in year-on-year and month-on-month comparision. The US Department of Labor announced on Wednesday that...
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FAO: New standards to curb the global spread of plant pests and diseases
The body charged with keeping plant pests and diseases at bay and trade in plants safe has adopted new international measures to prevent pests from crossing borders and spreading. The...
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Magazine: Competing for the consumers – but obviously no sweating is involved!
According to Katalin István, brand and trade marketing manager of Henkel Magyarország Kft., deodorant sales grew above the beauty product average in terms of both value and volume in 2018. Roll-on...
Read moreThe horticultural sector’s output was 300 hundred billion HUF last year
The horticultural sector is the dominant area of Hungarian agriculture. The role of vegetable production is the most important within the sector – the Minister of Agriculture said on Thursday...
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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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