Market News
Magazine: Winners of the 2018 HUNGAROPACK Hungarian Packaging Competition
The Hungarian Association of Packaging and Materials Handling (CSAOSZ) organised the first HUNGAROPACK Hungarian Packaging Competition in 1967. Competition winners tend to perform well on the international stage too: last...
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We should also pay attention to the environment in advertisements! – the ÖRT has prepared a guide
The Self-Regulatory Advertising Board (ÖRT) takes great care of prevention within self-regulation. Now ÖRT has prepared a guide. Now, the Self-Regulatory Advertising Board (ÖRT) has made recommendations in order to...
Read moreDeclining insect numbers may cause the collapse of the ecosystem
Insects are heading towards extinction. It could cause the collapse of the entire ecosystem – Index wrote the findings of a comprehensive study that was published in Guardian. According to...
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The NAK and the Design Terminal to launch an innovation competition
The National Agricultural Chamber (NAK) and the Design Terminal launches an innovation competition called “Manage smart! – NAK Agrotech Hackathon”. The National Agricultural Chamber (NAK) and the Design Terminal awaits...
Read moreAnalysts: foreign trade surplus may rise again from 2020
The worse outlook for the global market and the continued strong growth in consumer and investment demand in the domestic market will lead to a slight decrease in the foreign...
Read moreIfo’s global economic sentiment index dropped to a more than seven years nadir
In the first quarter of this year, the world economic sentiment index of the Munich-based ifo economic research institute fell to a more than seven years low. The ifo Institute...
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Nagy István: the Hungarian mangalica products conquer the world market
The Hungarian mangalica products conquered the world market from Singapore to Canada. They are present among others in Japan, the United States, Brazil, but also play a role in our...
Read moreMinistry of Agriculture has decided on more than 1,300 billion HUF so far in the Rural Development Program
More than 1,300 billion forints have been decided in the Rural Development Program so far, supporting 176,000 applications – the Ministry of Agriculture told MTI on Saturday. The ministry wrote...
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About one third of the Hungarians celebrate Valentine’s Day
Hungarian men spend an average of 14,063 forints on Valentine’s Day gifts, while women 12,763 forints – penzcentrum.hu quotes Picodi’s recent research. However, the survey also revealed that only 35...
Read moreKSH: Foreign trade balance surplus remained above six billion euros in 2018
The value of exports in euro increased by 4.3 percent in 2018, while imports increased by 6.9 percent, compared to the previous year. Foreign trade balance surplus became 6,041 billion...
Read moreTraining and knowledge transfer will be a central issue in the agricultural economy in the coming years
Feldman Zsolt Minister of State highlighted at the AgroFIELD Academy’s event that the government is giving priority to environmentally friendly precision farming. The basis for the digital agri- cultural strategy...
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Fishing contributes to the Hungarian GDP with hundred billion forints
Fishing as recreational activity, combined with the use of ancillary services, contributes to the gross domestic product (GDP) with a total of 100 billion HUF Nagy István, Minister of Agriculture...
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With proper nutrition, the effects of climate change can also be mitigated
With proper nutrition, the effects of climate change can also be mitigated, as the ecological footprint of plant and vegetable production is much smaller than that of animal husbandry Antal...
Read moreMore and more people worry about the sharp slowdown in world economic growth
According to the latest survey, the global business and institutional investment community continues to consider commercial wars as the biggest global economic risk, and more and more people are anticipating...
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EU forecast: moderate growth is expected in the European economy
According to the European Commission’s (EC) Winter Economic Forecast, the European economy will continue to grow in 2019, as expected in the last seven years, and performance is expected to...
Read moreThe mood of German consumers has not changed
Instead of the expected slight deterioration, GfK’s consumer mood index in Germany remained stable in June. The consumer sentiment mood of the Nuremberg-based Institute for Economic Research was 10.7 points...
Read moreThe European Commission has improved its growth forecast for Hungary
The European Commission has improved its forecast for the growth of Hungarian gross domestic product (GDP), expecting 3.4 percent growth for this year, compared to the 3.2 percent previous expectations....
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FAO: world food prices rose in January
In January, world food prices increased, mainly due to higher prices of dairy products, oilseeds and sugar. The five basic food price indexes of the UN Food and Agriculture Organization...
Read moreNearly a quarter of retail workers are employed part-time
About 12 percent of the physical workers in the domestic competitive sector are employed part-time, but in retail, this percentage is even higher; 23 percent, with a decrease of 5...
Read moreThe agricultural chambers of the Visegrád countries discussed the future of the common agricultural policy in Veszprém
The future of the Common Agricultural Policy was discussed at the 71st Veszprém Meeting of the Chambers of Agriculture of the Visegrád Countries (V4). At the two-day meeting the increase...
Read moreKH: the share of small businesses in public procurement broke a record last year
The total value of last year’s 10 361 successfully completed public procurement contracts exceeded 3294 billion HUF. The proportion of negotiated (hnt) and one recommended public procurement fell further, the...
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Eleven thousand tons of food was sent to the needy
Last year, the Food Bank (Élelmiszerbank) saved 11,000 tons of food from destruction. This means that, on average: Instead of the destruction over 30 tonnes food a day, the association...
Read moreCareless workers are the biggest cyber risks for the domestic companies
Nearly 80 percent of companies have experienced a cyber security incident in recent months in Hungary. In most cases, the successful attacks are focused on the companies’ own employees –...
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Greek truffles are becoming more popular
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...
Read moreAnalysts: retail sales growth was surprisingly slow last December
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...
Read moreSeed Alliance: the area of spring barley and oats continues to decrease
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...
Read moreThe creation of the tracking system for tobacco products could cost four billion
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....
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In the past seven years, retail sales in the euro area fell the most in December
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...
Read moreRomanian retail sales grew by 5.4 percent last year
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...
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American agriculture suffers from Arctic cold
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...
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