Market News
Magazine: A new generation of foods and drinks: healthy and convenient products
According to Hamburg-based global market research and analytics company Statista, this year the average European consumer realises EUR 1,267.96 FMCG turnover, 2 percent more than last year. Jenny Zegler, associate...
Read moreKopint-Tárki expects four percent economic growth for 2019
Kopint-Tárki forecasts economic growth of 4 percent and inflation of 3 percent for 2019, according to the Institute’s first annual business report. After last year’s 4.9 percent GDP growth, the...
Read moreCereal growers: because of the drought, only one third of wheat and rape has become good quality
Due to drought, only one third of wheat and rapeseed became good quality, well below the average of 50-55 percent in the past five years – the president of the...
Read more
The EU’s school fruit, school vegetable and school milk program will continue next year
Thanks to the European Union’s 250 million euros (approximately 80 billion forints) program to promote healthy eating habits among children, schoolchildren will receive milk, fruit and vegetables in the next...
Read more
Nébih launches an online reality show for responsible animal husbandry
The National Food Chain Safety Agency (Nébih) is launching another innovative, online education project called “reality show”, which aims to draw attention to the importance of responsible animal husbandry. According...
Read more
KSH: employment has reached the EU target for 2020
Between the December 2018 to February 2019 three-month period, the average number of employees was 4 497 thousand, 56 thousand more than a year before. In the 20-64 age group,...
Read more
Magazine: Cleaning does pay off
In the cleaning supplies market sales of modern convenience products (e.g. toilet rim blocks, cleaning sprays, dishwasher tablets) are growing, plus the penetration of these products is also improving. ...
Read moreGKI expects a decline in growth from 2019
The GKI Economic Research Co. expects a 3.5 percent GDP growth for this year and a further decline in the long run. The GKI’s forecast released Wednesday announced an upward...
Read moreNearly half of the spring barley was sown in Zala County
Almost half of the spring barley, about 40 percent of wheat, was sown in Zala County: early seedlings were hatched and flocks are fine – the County President of the...
Read moreThe asparagus season has started in Csongrád county
The asparagus season started in Csongrád county near Öttömös on Wednesday, and the harvest of the vegetables is expected to take place in the next ten weeks. Kakas Béla (Fidesz-KDNP),...
Read more
Nébih found problems in porridges
Food safety and labeling errors were found in porridge by the National Food Chain Safety Authority (Nébih). Due to labeling problems, 14 out of 17 products were subject to official...
Read moreThe Hungarian-Philippine agricultural relations were extended by a cooperation agreement
A cooperation agreement was signed between Nagy István, Minister of Agriculture and Emmanuel Pinol, the Minister of Agriculture of the Philippines, following bilateral talks in Manila on Wednesday morning. The...
Read moreWhat about the leasing market in Hungary and abroad
The global leasing market has continued to grow. North America remains the strongest market, although its share of the global market fell by 3.1 percent, while in Europe grew by...
Read more
The Czech Republic abolishes the laboratory testing of Polish beef
The Czech Republic will cancel the strict control of Polish beef from midnight after Warsaw has given Prague assurances that it has taken appropriate measures to ensure the quality of...
Read moreConsumer sentiment deteriorated in Europe’s largest economy
The consumer sentiment weakened slightly in Germany, according to the consumer sentiment index published by the GfK Market Research Institute on Tuesday. The figure calculated on the basis of a...
Read more
How the transition will change global finance
Trillions of dollars of debt and derivatives products are likely to continue referencing IBOR after 2021, but IBORs and ARRs are different. The transition from IBORs to ARRs will impact...
Read more
Magazine: Value, product protection, communication
Philip Bittermann, editor-in-chief of German trade magazine Neue Verpackung, drew the conclusion after the first German packaging summit – which was held in Munich – that the influence of product...
Read more
The campaign to encourage mangalica consumption lasts until 18 April
For the first time this year, the campaign that promotes the consumption of mangalica meat with the title “Eat good – the mangalica meat is special” lasts until 18 Apri,...
Read more
The spring seasonal food chain control has begun
The spring seasonal food chain control has started – piacesprofit.hu wrote. The national action lasts until the end of the Easter holidays, ie until 22 April. The control series focuses...
Read more
More than 2.2 billion forints to develop the food market
Twenty settlements close to Budapest won more than 2.2 billion forints, mainly for the construction and development of the food market – Rákossy Balázs, Minister of State of the Ministry...
Read more
Nébih: there is no avian flu in Hungary
There is no avian flu in Hungary, but there is a sporadic outbreak of avian influenza in Europe – Vajda Lajos, Head of the Veterinary and Animal Protection Directorate of...
Read moreThe German economy was the weakest in March in the past six years
The performance of the German economy in March was the weakest in the past six years – according to preliminary data of the London-based IHS Markit Economic Research Institute. The...
Read more
Central and Eastern Europe will maintain a healthy growth pace in 2019
UniCredit presented its long term strategic perspectives on the region and on the key drivers for growth at a workshop hosted at the annual Euromoney CEE Forum in Vienna CEE...
Read more
Magazine: Fruits and vegetables: stronger role for hypermarkets, supermarkets and discounters
The typical Hungarian household buys vegetables 89 times a year, on average 1.2kg per occasion; families buy fruits 48 times a year, taking home 1.7kg at a time – revealed...
Read moreOne hundred thousand people have already filled the farmer’s petition
Over a period of four weeks, one hundred thousand people signed the petition launched by the National Agricultural Chamber (NAK) and the Hungarian Association of Farmers and Farmers (Magosz). The...
Read more
The program to renew the closed gardens has been restarted
With the amount of two billion forints, this year, the Closed Garden Renewal Program will be re-launched – Nagy István, Minister of Agriculture said in Oszkó, Vas County. The program...
Read more
Only 0.007 percent of the planet’s water resources can be achieved easily
Only 0.007 percent of the Earth’s water resources are on the surface, easily accessible, not too polluted, and can be used immediately. This is called the hydrological James Bond ratio...
Read more
Consumer sentiment improved somewhat in March in the euro area
In March, consumer sentiment improved in the euro area on the basis of a survey published by the European Commission’s Economic and Financial Directorate on Thursday. Based on preliminary data...
Read moreThe states would reduce the corporate income tax worldwide
The corporate income tax rate has declined by nearly a third in recent decades globally, according to the latest international analysis by the Tax Foundation covering 208 countries. On average,...
Read more
Vegetables for prescription so we can save on public health spending
How the United States could easily and quickly save 100 billion USD a year on health spendings? A group of US researchers have a good idea how to do it,...
Read more
