Market News
GKI: Euphoria on home market: demand and prices both may rise further
The GKI real estate index rose to 4 points in July 2018, while the Budapest index stood at 5 points. The index has increased by nearly 2 points and the...
Read moreAnalysts: retail sales growth to accelerate this year
Retail sales are expected to grow more than 6.0 percent this year, compared to the previous year, and will contribute significantly to a sharp rise of gross domestic product (GDP)...
Read moreMore refreshments, beer and ice cream were consumed than last year
The turnover of soft drinks, beers and ice cream has increased due to the heat, but the rush for fans have also started – the chain of stores told MTI....
Read moreThe Agricultural Ministry assists the wineries with several measures
The Ministry of Agriculture is assisting the wineries with several measures – Brazsil Dávid, Secretary General of the National Council of Horticulture – told M1 news channel. He announced that...
Read moreHoney consumption more than doubled in seven years
Thanks to the honey promotional campaigns, honey consumption more than doubled in Hungary in the past seven years – the Minister of State of the Ministry of Agriculture (AM) told....
Read moreFruitVeb: it is difficult to protect against high heat
Vegetable and plant growers face difficulties to prevent the deterioration of the crop in the high heat. They use modern technology, variety selection and abundant irrigation – Ledó Ferenc, the...
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Markit: euro area economic growth has lost momentum
The final value of the composite purchasing manager index (PMI) of the IHS Markit Institute for Economics in London for July shows a decline in the pace of economic growth...
Read moreRomanian retail trade increased by 6.5 percent in the first half of the year
The volume of Romanian retail sales grew by 6.5 percent in the first half of the year, compared to the same period last year, according to the Romanian National Statistical...
Read moreThe northern part of Europe has been badly affected by the spring weather
This year’s spring weather was extraordinary, which negatively affected Europe’s half, especially the northern areas, according to the USDA report on world agricultural production in July. With an average yield...
Read moreKSH: retail sales increased by 7 percent in the first half of the year
In June, the turnover of retail stores calendar effect adjusted was 6.1 percent higher than in the same period of the previous year, reaching 6.9 percent for the first half...
Read moreLess grain cereals were produced
This year, a few percent less grain cereals have been produced, compared to the average of the last five years, but prices are higher than last year – the Minister...
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The cocktail tomatoes have passed the tests
The National Food Chain Safety Office (Nébih) investigated one of the most popular ingredients of light salads, the cocktail tomatoes, in its latest Super Menta project – agrarszektor.hu wrote. Experts...
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Retail trade in June was less than expected in the euro area
In June, retail sales in the euro area grew lower than expected, according to Eurostat, the European Union’s statistical office. In June, with seasonal adjustment, retail sales grew by 0.3...
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The exports of American soybeans exported into the EU increased by more than 280 percent
The exports of American soybeans exported into the EU increased by approximately 280 percent in July, compared to July last year – the European Commission announced. According to the Brussels...
Read moreAmerican pork loses ground on the Mexican market
Washington has imposed 25 percent protective tariff on imports of steel products and 10 percent on the imports of aluminum products. Mexico decided to impose a 20 percent customs duty...
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FAO calls for global coordination for a bioeconomy that leaves no one behind
If done right, in particular with and for family farmers, bioeconomy can help efforts to tackle pressing global problems such as hunger, poverty and climate change. This was the message...
Read moreCereal growers: Hungarian exports can grow due to the drought in Europe
The increased Polish and German market interest in free cereal stocks due to heat loss and drought loss can increase the Hungarian cereal exports – the chairman of the National...
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The KSH reported about nearly 600 million euros export surplus
In May, exports in euro were up 0.2 percent, imports increased by 2.9 percent, compared to the same period of last year. Foreign trade surplus was 596 million euros, 226...
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FAO: Food Price Index posts sharp drop in July
Global agricultural food commodity prices fell sharply in July, as all the major traded items posted notable declines, led by dairy and sugar. The FAO Food Price Index averaged 168.8...
Read moreNAV is paying attention to the businesses of the Lake Balaton
Hundreds of staff members of the National Tax and Customs Administration (NAV) continuously monitor the restaurants, shops and service providers at the Lake Balaton. In mid-July, nearly a thousand...
Read moreNearly half of the SMEs expect an increase in the number of employees
Optimistic mood is taking place in the domestic SME sector, according to UniCredit’s recent research, but each company considers that its own position is worse than the market sees them...
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We drank 125 liters of mineral water last year
The high heat increases considerably the demand for non-alcoholic beverages, which means that the consumption of mineral water rises to double, while the consumption of fruit juices and soft drinks...
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Agrarian Chamber: this year the apricot crop may not reach 10 thousand tons
Apricots are grown on about 5,000 hectares in Hungary, with 30,000 tons per year on average. This year, due to spring frosts, the volume of annual crops will significantly reduce,...
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The price of corn seeds may slightly increase
The Seed Association Interprofessional Organization and Product Council published an informative price of 96,000 HUF after processing of the data collected from the members of the association. This year’s forecast...
Read moreMLBKT: the economy continued to grow in July
The seasonally adjusted purchasing manager index was 53.1 points in July, increased from the 53.0 points of June. The Hungarian Logistics Purchasing and Inventory Company (MLBKT) told MTI on Wednesday...
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A third of the Hungarians attend festivals
A third of the Hungarians are going to festivals. The most popular festivals are pop-music, gastronomy and city festivals – according to the research of Kutatópont Kft. published on Wednesday....
Read moreAfrican swine fever is spreading in Romania
African swine fever is spreading wide in Romania, where more than 450 infectious points have been identified. The pathogen most affected the north-west and west part and the south-eastern part...
Read moreConsumer incomes and expenditures rose in the world’s largest economy
Consumers’ incomes and expenditures in the United States increased in June, but annual consumer price indices excluding consumer and non-food prices remained below 2 percent. The Washington Department of Commerce...
Read moreThe sowing area of the malting barley was halved in the past 5 years
The sowing area of the malting barley was halved during the past five years, while the sowing area of fodder rose by one fifth – agrarszektor.hu wrote. “These lands in...
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The Grand Tokaj Zrt., has begun contracting with the Tokaj-Hegyalja vine growers
As the biggest purchaser and winemaker of the Tokaj-Hegyalja wine region, the Grand Tokaj Zrt., like in previous years, has started to conclude contracts for the purchase of grapes with...
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