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Market News

Greek truffles are becoming more popular
Date: 2019-02-07 10:01:24

The market for truffles is dominated by Italian and French products, but their prices have jumped into the sky recently. So, Eklekto, who had begun scrutinizing the Greek Forests last...

Analysts: retail sales growth was surprisingly slow last December
Date: 2019-02-06 11:45:11

The annual growth rate of retail sales surprisingly slowed down in December last year – market analysts told MTI, commenting the data of KSH’s first estimate published today. They conclude...

Seed Alliance: the area of spring barley and oats continues to decrease
Date: 2019-02-06 11:10:30

In the case of spring barley, a net price of 100 thousand HUF per tonne and in case of oat a 105 thousand HUF per tonne price was published by...

The creation of the tracking system for tobacco products could cost four billion
Date: 2019-02-06 11:05:34

The ND National Tobacco Trade Nonprofit Zrt. launched a public procurement procedure for the development of a monitoring system for tobacco products, with an estimated value of 4 billion HUF....

In the past seven years, retail sales in the euro area fell the most in December
Date: 2019-02-06 11:03:14

In December, retail sales in the euro area have fallen with the largest extent in the euro area of the past seven and a half years, according to a statement...

Romanian retail sales grew by 5.4 percent last year
Date: 2019-02-06 11:02:33

Last year, the volume of Romanian retail sales increased by 5.4 percent, compared to the previous year – the Romanian National Statistical Institute announced on Tuesday. According to the seasonally...

American agriculture suffers from Arctic cold
Date: 2019-02-06 11:00:40

The Arctic inflow of icy air has forced slaughterhouses and grain processors in the United States to temporarily shut down. The temperature in the Midwest region has fallen to such...

Magazine: A pack of chewing gum and a box of marijuana, please!
Date: 2019-02-06 10:34:30

According to a Bloomberg report, published by Convenience Store News in August, sales in the marijuana segment of FMCG products can reach USD 50 billion by 2026. In the USA...

The new livestock law to come
Date: 2019-02-06 09:30:28

It is expected that the new Animal Breeding Act will be adopted in the spring, which will enable Hungarian breeding organizations to defend their positions against their multinational competitors in...

Retail sales increased by six percent in 2018
Date: 2019-02-05 11:55:48

In December last year, retail trade turnover was 3.7 percent, according to the raw data, while calendar effect adjusted it was 4.1 percent higher than a year before. At the...

The agricultural output exceeded 2,700 billion HUF
Date: 2019-02-05 11:30:52

The key issue for the development of Hungarian agriculture is to increase production, which can be achieved by improving competitiveness and efficiency – Nagy István, Minister of Agriculture said on...

There may be a shortage of domestic seed in case of some arable crops
Date: 2019-02-05 11:20:37

The Seed Association Interprofessional Organization and Product Council (VSZT) warns of the risk of domestic seed shortages in case of spring barley and oats, due to the declining crop area....

MNB: corporate lending accelerated in 2018
Date: 2019-02-05 11:06:38

According to the data of the National Bank of Hungary (MNB), corporate loan demand picked up last year. At the end of December, the debt of non-financial corporations against domestic...

The government will spend 150 billion HUF on the Hungarian Village Program this year
Date: 2019-02-05 11:05:56

This year, more and more central budget resources will be spent on settlement development in Hungary, of which 150 billion HUF will be spent on the Hungarian Village program –...

Retail sales in the Czech Republic increased by 4.8 percent last year
Date: 2019-02-05 11:02:58

Compared to last year, retail sales in the Czech Republic increased by 4.8 percent – the Czech Statistical Office (CSÚ) announced on Tuesday in Prague. A year before, in 2017,...

Economic sentiment is on a four-year low in the euro area, according to ifo’s survey
Date: 2019-02-05 11:01:34

The economic sentiment for the first quarter in the euro area fell to a four-year low, according to an analysis by the University of Munich’s Ifo Institute for Economic Research...

Magazine: Organic connections
Date: 2019-02-05 07:20:28

The Hungarian Cosmetics and Household Chemicals Association (KOZMOS) is 25 years old in 2018. On 24-25 October they organised their annual conference in Visegrád. General secretary István Murányi opened the...

VAT reduction on milk resulted in cheaper milk
Date: 2019-02-04 11:55:05

As a result of the VAT reduction on milk, fresh milk is now 4-5 percent cheaper than before. The VAT reduction of the UHT and ESL milk in January this...

Raiffeisen expects 3.4 percent growth this year
Date: 2019-02-04 11:50:19

This year, the economy may grow by 3.4 percent in Hungary, but in 2020-2021, the economy is expected to grow by only 2-3 percent – RaIffeisen Bank told MTI in...

Producers have to adapt to the new challenges of fish farming
Date: 2019-02-04 11:35:15

The new challenges for fish farming have to be adapted by the European Union and Hungary, and besides the economic benefits, the development of fish farming in Hungary would result...

Imports increased
Date: 2019-02-04 11:30:03

In November last year, the value of exports calculated in euro increased by 4.5 percent, while the value of imports calculated in euro increased by 7.3 percent – according to...

Chinese imports increase customs revenue significantly
Date: 2019-02-04 11:18:18

Due to the arrival of Chinese goods to Hungary, the customs procedures performed by the National Tax and Customs Board (NAV) have increased significantly, and the amount of customs revenue...

The sentiment of American consumers are above expectations
Date: 2019-02-04 11:02:55

Compared to December, the US consumer sentiment weakened, but were above expectations in January – according to the regular monthly survey of the University of Michigan. The January consumer sentiment...

Swine fever was detected in Sepsiszentgyörgy
Date: 2019-02-04 11:01:13

About sixty pigs are to be killed in the Őrkő district of Sepsiszentgyörgy, where the appearance of African swine fever (ASP) was confirmed at the end of last week –...

There is a great need for a shop assistants across Europe
Date: 2019-02-04 10:16:31

There have never been such great need for shop assistants in the European Union member states – penzcentrum.hu wrote. According to EURES, the European Job Mobility Portal, 75,000 shop assistants...

According to the OECD, further reforms will contribute to a stronger and more inclusive Hungarian economic performance
Date: 2019-02-01 11:40:40

Due to the high employment level, the Hungarian economy is in the middle of a strong recovery, which also increases wages, consumer confidence and domestic demand. According to the new...

The KSH conducts a trial census in agriculture in February
Date: 2019-02-01 11:15:57

The Central Statistical Office (KSH) is conducting a full agricultural census in the summer of 2020 (Agrárcenzus 2020). The agency is conducting a trial test between 1 and 28 February...

The rate of childhood obesity stopped in Hungary
Date: 2019-02-01 11:15:56

Due to various legislative changes and professional cooperation, the proportion of overweight people among Hungarian children was halted – the Minister of State, responsible for Health told at a professional...

SMEs are calculating with stable financial results
Date: 2019-02-01 11:14:28

Companies are calculating with stable 8 percent revenue growth, but with a slightly more modest, 4 percent profit growth this year. According to the latest data of the K&H SME...

MLBKT: the purchasing manager index declined in January
Date: 2019-02-01 11:12:48

The seasonally adjusted January value of the Purchasing Manager Index (BMI) was 54.0 points after the 54.3 points of December – the Hungarian Logistics, Purchasing and Inventory Company (MTPL) announced...

Oldal

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Greek truffles are becoming more popular Date: 2019-02-07 10:01:24

Analysts: retail sales growth was surprisingly slow last December Date: 2019-02-06 11:45:11

Seed Alliance: the area of spring barley and oats continues to decrease Date: 2019-02-06 11:10:30

The creation of the tracking system for tobacco products could cost four billion Date: 2019-02-06 11:05:34

In the past seven years, retail sales in the euro area fell the most in December Date: 2019-02-06 11:03:14

Romanian retail sales grew by 5.4 percent last year Date: 2019-02-06 11:02:33

American agriculture suffers from Arctic cold Date: 2019-02-06 11:00:40

Magazine: A pack of chewing gum and a box of marijuana, please! Date: 2019-02-06 10:34:30

The new livestock law to come Date: 2019-02-06 09:30:28

Retail sales increased by six percent in 2018 Date: 2019-02-05 11:55:48

The agricultural output exceeded 2,700 billion HUF Date: 2019-02-05 11:30:52

There may be a shortage of domestic seed in case of some arable crops Date: 2019-02-05 11:20:37

MNB: corporate lending accelerated in 2018 Date: 2019-02-05 11:06:38

The government will spend 150 billion HUF on the Hungarian Village Program this year Date: 2019-02-05 11:05:56

Retail sales in the Czech Republic increased by 4.8 percent last year Date: 2019-02-05 11:02:58

Economic sentiment is on a four-year low in the euro area, according to ifo’s survey Date: 2019-02-05 11:01:34

Magazine: Organic connections Date: 2019-02-05 07:20:28

VAT reduction on milk resulted in cheaper milk Date: 2019-02-04 11:55:05

Raiffeisen expects 3.4 percent growth this year Date: 2019-02-04 11:50:19

Producers have to adapt to the new challenges of fish farming Date: 2019-02-04 11:35:15

Imports increased Date: 2019-02-04 11:30:03

Chinese imports increase customs revenue significantly Date: 2019-02-04 11:18:18

The sentiment of American consumers are above expectations Date: 2019-02-04 11:02:55

Swine fever was detected in Sepsiszentgyörgy Date: 2019-02-04 11:01:13

There is a great need for a shop assistants across Europe Date: 2019-02-04 10:16:31

According to the OECD, further reforms will contribute to a stronger and more inclusive Hungarian economic performance Date: 2019-02-01 11:40:40

The KSH conducts a trial census in agriculture in February Date: 2019-02-01 11:15:57

The rate of childhood obesity stopped in Hungary Date: 2019-02-01 11:15:56

SMEs are calculating with stable financial results Date: 2019-02-01 11:14:28

MLBKT: the purchasing manager index declined in January Date: 2019-02-01 11:12:48