Market News
Other meat companies can export to Singapore
Date: 2018-11-05 11:40:36
It was agreed with Singapore that in addition to the 18 meat companies that already have an export license, five more companies can export to the Asian country – Szijjártó...
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Agricultural Chamber: a high demand occured towards quality Hungarian mushrooms abroad
Date: 2018-11-05 11:38:56
There is a high demand for quality Hungarian mushrooms abroad, which would double the current production on the export market, but serious technological developments are needed – the National Agricultural...
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KSH: export surplus is declining
Date: 2018-11-05 11:37:49
In August, exports in euros increased by 0.8, imports increased by 6.2 percent. Foreign trade surplus was 31 million euros, 401 million euros less than a year before, according to...
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Analysts: the number of jobseekers in the third quarter increased more than the demand
Date: 2018-11-05 11:32:48
Some of the aspirants who go from public employment to the primary job market need time to find their place, which could be one of the possible reasons for the...
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MLBKT: the Purchasing Manager Index increased in October
Date: 2018-11-05 11:29:14
The seasonally adjusted October value of the Purchasing Manager Index (PMI) became 57.3, meaning that respondents reported more favorable processes than in the previous month. The October index is higher...
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Growth in retail sales slowed in the Czech Republic
Date: 2018-11-05 11:08:28
In September, the rate of growth in retail sales in the Czech Republic dropped to 1.4 percent, from the 4.2 percent in August – the Czech Statistical Office (CSÚ) reported...
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EBRD: Central European EU economies perform better than expected
Date: 2018-11-05 11:05:23
The European Bank for Reconstruction and Development (EBRD) has improved in its comprehensive autumn prognosis for the forecasts of the growth rates of the central and eastern European economies, including...
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The economic sentiment in the euro area and in the EU decreased in October
Date: 2018-11-05 11:03:19
The economic sentiment in the euro area and in the EU decreased in October – according to the data of the European Commission’s Directorate-General for Economic and Financial Affairs (DG...
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Fruit plantations without permission can be announced until 31 December
Date: 2018-10-31 11:34:28
Farmers can announce their plantations without permission until 31 December, and if they miss the deadline it may cost up to 20 to 50 thousand for to them – the...
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A Hungarian trade center was opened in Shanghai
Date: 2018-10-31 11:23:38
Hungary has realized in time that the Chinese market is a great opportunity for high quality Hungarian products and services – Szijjártó Péter, Minister of Foreign Affairs told on Sunday...
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KSH: the number of employees increased in the third quarter
Date: 2018-10-31 11:10:26
In the third quarter of this year, the average number of employees was 4 million 487 thousand, 36 thousand more than a year before. The employment rate of 15-64 year-olds...
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The Agricultural Research Center expanded its profile with ornamental plant research
Date: 2018-10-31 11:05:55
A new profile has been added to the Fruit Production Research Institute of the National Agricultural Research and Innovation Center (NAIK), which continues its scientific work as Fruit and Ornamental...
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Retail sales in Germany are worse than expected
Date: 2018-10-31 11:05:31
Another disappointing data came from Germany: the retail turnover in September became much worse than expected. According to preliminary data from the German Federal Statistical Office (Destatis), retail sales declined...
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African swine fever has appeared in another county in Romania
Date: 2018-10-31 11:03:59
African swine fever (ASF) is spreading further in Romania. The disease appeared in Dolj county, Oltenia, where the affected farmers rebelled against veterinary experts coming to kill their livestock. According...
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GfK: purchasing power in Hungary grew by more than 7 percent this year
Date: 2018-10-30 11:58:20
Purchasing power per capita in Hungary this year grew to 6654 euros, by more than 7 percent, compared to last year, while the European growth rate is 2.5 percent –...
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The Ministry of Agriculture announced rural development tenders in a value of about 63 billion HUF
Date: 2018-10-30 11:22:41
With a budget of about 63 billion forints, three new rural development calls for proposals have been announced by the Ministry of Agriculture (AM). The proposals serve the support of...
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Corn yields above nine tonnes in Tolna county
Date: 2018-10-30 11:11:44
Corn yields exceeded nine tonnes per hectare this year in Tolna County, where the planting area of the plant has decreased by more than 10,000 hectares last year – the...
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Internet discrimination ends in December
Date: 2018-10-30 11:11:39
According to the European Commission’s survey, 63 percent of the webshops in the EU do not allow online purchases from other Member States, which seriously hampers the completion of the...
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Nébih withdrew Chinese food supplements from the market
Date: 2018-10-30 11:08:47
Three Chinese dietary supplements were withdrawn from the market by the National Food Chain Safety Office (Nébih). The measure became necessary because of the drug content of the medicines ordered...
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Retail trade in the euro area has declined
Date: 2018-10-30 11:02:55
In August, instead of expected growth, the retail sector’s turnover in the euro area was reduced on a monthly basis, according to a report published by Eurostat on Wednesday. In...
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Romania will introduce a reduced VAT for tourism services
Date: 2018-10-30 10:20:37
The Romanian government has decided to introduce a reduced 5 percent VAT for tourism services from 1 November – Nelu Barbu, government spokesman announced. In Romania, the general VAT rate...
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Magazine: Dairy Board urges for acting together
Date: 2018-10-30 07:28:53
Tibor Mélykuti, president of the Milk Interbranch Organisation and Dairy Board has told that the due to the extremely dry weather in the summer of 2018, dairy farmers couldn’t grow...
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Chamber of Agriculture: the growing area of vegetables can reach 2000 hectares
Date: 2018-10-29 11:55:44
According to the National Chamber of Agriculture (NAK), domestic carrot production can develop considerably. The growing area of vegetables can reach 1800 to 2000 hectares. In a statement sent to...
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Nine billion investment in the factory of Bunge in Martfű
Date: 2018-10-29 11:28:39
The Bunge Zrt. has built a new plant at its Martfű factory in a value of about 9 billion forints as a company investment – Wojciech Jachimczyk, CEO of the...
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Most kids do not waste their pocket money
Date: 2018-10-29 11:06:55
While three-quarters of the parents consider the financial education of their kids as their own task, nearly a third of the children would rather acquire the necessary knowledge at school...
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Stagnation in the German consumer mood index of GfK
Date: 2018-10-29 11:02:51
Instead of the expected decline, the consumer mood index of the Nurenberg-based GfK Institute for Economics stagnated in November, while the income and economic expectations of consumers declined and the...
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Vanilla plantations in Madagascar are protected by armed forces
Date: 2018-10-29 11:01:23
Vanilla growers protect the crop with armed forces in Madagascar. The island is the world’s largest supplier of this herb – origo wrote. Madagascar is the world’s largest vanilla exporter,...
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Saltwater rice can come soon
Date: 2018-10-29 11:01:09
Chinese scientists have cultivated a variety of rice that is well suited for saltwater flooding. In China, they would like to grow it on 65,000 square kilometers, if the program...
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A very fast growth can be expected in 2018 , it will slow down noticeably next year
Date: 2018-10-29 08:02:19
While most forecasters project a GDP growth rate of 4-4.5 per cent for 2018, they—with the exception of the government—expect only 3-3.5 per cent for next year. (GKI projects at...
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