Market News
KSH: agricultural producer prices increased by 6.2 percent in September
In September, agricultural producer prices increased by 6.2 percent year-on-year. The price of vegetable products increased by 12.1 percent and livestock and animal products fell by 2.8 percent, the Central...
Read moreA record grape and wine production is expected by the Ministry of Agriculture for this year
The Ministry of Agriculture (AM) expects the largest grape production of recent years; 550,000 tonnes and 3,8 million hectoliters of wine from 62,000 hectares of land. According to the statement...
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Nearly half of the young Hungarians use dietary supplements
Almost half of young Hungarians have consumed some kind of dietary supplements in the past year, but almost one third of them do not know exactly what kind of products...
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I do the ironing while you do the dishes. Let’s share housework!
Have you ever wondered who takes the lion’s share of the job in your household? The recent research of Zewa reveals how the Hungarian families are thinking about sharing the...
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The night of modern factories in 2018 again
The Night of Modern Factories will be held again on 16 November, between 4 and 10 pm. At the special night, the visitors can see examples of automated and digitized...
Read moreEuropean Court of Auditors: there are still have weaknesses in the treatment of farm animals
EU action on animal welfare has been successful in several respects, but there are still some shortcomings in the treatment of farm animals, the European Court of Auditors said in...
Read moreConsumer prices have risen in Europe’s largest economy
The increase in consumer prices boosted to six-and-a-half-year peak in Germany in October. The German Federal Statistical Office (Destatis) announced on Tuesday that the Harmonized Index of Consumer Prices (HICP)...
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FAO: Declining international prices to ease food import burden for poorest countries
Declining international agricultural commodity prices should ease the bill the world’s poorest countries pay for food imports, although the strengthening U.S. dollar poses “serious concerns”, a new United Nations report...
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Magazine: Consumers are more conscious, but they still have a lot to learn
Although the market of functional foods keeps growing, it isn’t sill fully clear yet what products belong to this category. The general interpretation is that those foods are functional which...
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Nearly one million Hungarians are considered to be snacking addicts
In October, the Mogyi-Caramoon carried out its research on snacking with the participation of more than 1000 participants. When, what and why do we eat snacks? – these were the...
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Export momentum has continued to decline
In September, exports in euro declined by 2.3 percent, while imports rose 6.3 percent. Foreign trade surplus was 268 million euros, 699 million euros less than a year before –...
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Increased weight and height will require more food
It will be more difficult to supply food to the Earth’s estimated population of 9 billion by 2050, as an average person will need more food in terms of height...
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Almost two billion forints of government subsidies were granted to SMEs for job creation
Nearly two billion forints non-refundable subsidies have been received by 141 businesses in the framework of a support for job-creating investment among the micro, small and medium-sized enterprises – the...
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85,000 euros was paid for a white truffle
The owner of a Hong Kong restaurant paid 85,000 euros for 850 grams of a special white truffle at an auction in Alba, Piedmont – index wrote. This auction is...
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European Court of Justice: the taste of a food can not be protected by copyright
The taste of a food can not be protected by copyright, as it is not yet possible to identify it precisely and objectively, so it can not be distinguished from...
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Magazine: Candy – yes, sugar – no
Sales are on the rise again in the candy market – it was revealed at a roundtable discussion organised by the Association of Hungarian Confectionery Manufacturers on 3 July. New...
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KSH: Hungarians spend the most on food and non-alcoholic beverages
The average monthly average per capita spending of the Hungarian population was 88,600 HUF in the first half of this year, 8.8 percent more than in the same period of...
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The change in prices of vegetables and oil has spurned inflation
The 2.7 percent inflation in the first nine months of the year can be explained by the price change of seasonal vegetables and the international rise in oil prices –...
Read moreRaiffeisen: the growth of the Hungarian economy may be above 2 percent in 2020 and will be 3.5 percent next year
Raiffeisen Bank analysts expect a slowdown in economic growth in the coming years: while this year’s GDP growth is expected to exceed 4 percent, next year it will fall to...
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The Tócóskert market was handed over in Debrecen
One of the most important investments of the viable city program of the New Phoenix Project was the Tócóskert market in Debrecen, which was handed over by the mayor of...
Read moreCoffee consumption can protect against Alzheimer’s and Parkinson’s
According to a Canadian research, coffee consumption can provide a certain degree of protection against Alzheimer’s and Parkinson’s disease – the ScienceDaily.com online science portal wrote. A new study out...
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Nébih: African swine fever appeared again in Bihar County, Romania
The presence of African swine fever (ASF) has been confirmed in Bihar County in Romania, while some part of the protection and surveillance districts were extended to Hajdú-Bihar County –...
Read moreThe consumer sentiment deteriorated in November in the United States
The Consumer Sentiment Index of the University of Michigan and the Reuters news agency decreased but became better than expected in November in the United States. In November, the consumer...
Read moreExcept for beet, harvesting of autumn arable crops has been completed
With the exception of sugar beet, the harvest of arable field crops has been completed. The country has safe supply of maize, sunflower and soybean yields and significant quantities can...
Read more390 thousand tonnes of grapes have been harvested by farmers
According to Tarpataki Tamás, Deputy Minister of State of the Ministry of Agriculture; until now, 390 thousand tonnes of grapes have been harvested with a111.6 per hectare yields per hectare,...
Read moreExtreme Digital: domestic e-commerce sales in November are expected to be higher than in December
Thanks to the black Friday sales, the November sales of e-commerce in Hungary are expected to be higher than the December sales – Várkonyi Balázs, executive director of Extreme Digital...
Read moreThe European Commission has improved its GDP growth forecast for this year and for the next year
The European Commission has improved the Hungarian economy’s growth forecast for this year and for the next year – in its autumn prognosis published by the European Commission. The analysts...
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Magazine: Once upon a time…Business Days 2018 (Part 1)
This year we invited partners to tell and listen to fairytales at the Business Days conference in Tapolca, which was organised in cooperation with the Chain Bridge Club. Between 25...
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KSH prices increased by 3.8 percent in October
In October, consumer prices were on average 3.8 percent higher than the previous year’s 3.6 percent increase. Prices on average increased by 0.5 percent, compared to September – the Central...
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