Market News
Expert: the gap between the lowest and the highest average earnings has reduced
The difference between the average earnings of the most and the least earning workers in Hungary decreased – the president of the Board of Trustees of the Budapest Foundation for...
Read moreThe NAV seized 215 million HUF worth fake clothing and untaxed cigarettes in Budapest
Fake brand labeled clothes and large amounts of untaxed cigarettes were seized by the National Tax and Customs Administration (NAV) in Budapest in a value of 215 million forints –...
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New payment solutions
From 1 September Hungarian online shops can also offer the Google Pay payment option to customers. In Hungary BIG FISH Payment Gateway was the first to make this payment service...
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ITM: the consumer protection authority withdrew beauty products
Six of the 120 cosmetic products tested by the consumer protection authority were withdrawn from circulation. Two shampoos and natural cosmetics, one liquid soap and a soap contained microbiological contaminants...
Read moreThe consumer mood has fallen in the United States
The Consumer Mood Index of the US Michigan University declined in October , despite the expected improvement. In October, Michigan’s University’s non-final consumer mood index decreased from the previous month’s...
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Five steps to take when preparing for Black Friday
Róbert Nagy, product manager of Szallasguru.hu has collected the most important steps for retailers to take when preparing for Black Friday – our magazine picked five from these. 1. Think...
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Half of the world buys online from abroad too
According to a consumer survey by PayPal and IPSOS conducted in 31 countries, 55 percent of online shoppers also buy from websites registered abroad. Most often they purchase clothes, shoes,...
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Meeting for the region’s agri-chambers
On 25 September 2018 the agri-food chambers of the Visegrád Four (V4) countries met for the 69th time in Prague. The representatives of Bulgaria, Croatia, Lithuania and Romania were also...
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Cooperation agreement with Indiana
Experts from the chambers of agriculture from Hungary (NAK), the Czech Republic, Poland and Slovakia spent several days on a study trip in the state of Indiana (USA), where they...
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NAK establishes a network of food coordinators
Tamás Éder, vice president of the Hungarian Chamber of Agriculture (NAK) responsible for the food industry told at a press conference (held at the headquarters of Biopont Kft.) that the...
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Pickled vegetables, regional recipes
It takes more time and work to preserve vegetables than fruits. What is more, it also requires more expertise to make pickles at home. According to Zoltán Hegedűs, commercial director...
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Let’s turn each day into Christmas with Milka!
Sales by Mondelez in the seasonal segment grew above the average Seasonal confectionery products play a special role in the life of Mondelez, forming a stable pillar in the chocolate...
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Magazine: One reality isn’t enough
For traditional channels of retail adaptation can ensure that they keep their position in the new digital world. Every year the Euromoney Institutional Investor Thought Leadership (EY) prepares the EY...
Read moreKSH: agricultural producer prices increased by 6 percent in August
In August, agricultural producer prices increased by 6.0 percent – with a greatest extent since November – compared to the same period of last year, following a 1.2 percent rise...
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OTP: fruit and vegetable production could be made more successful with development
According to the experts of OTP agro business, the strengthening of cooperation, the rationalization of subsidies and the development of infrastructure could make domestic fruit and vegetables more secure and...
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Demand for eggs increased
The annual per capita consumption of Hungarian eggs grew, from 214 in 2013 to 234 in 2017 – the Parliamentary Minister of State of the Ministry of Agriculture told at...
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Interprofessional organization: fish consumption is still low in Hungary
In Hungary, the 6 kg per capita annual fish consumption is still far below the European average of around 20 kilograms, so events promoting fish consumption are important – Lévai...
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Winter magic with Fa!
Experience the winter magic with a delicious vanilla fragrance of Fa’s limited edition Wintertime Magic products. This period of the year is always magical with typical scents, flavors and holidays,...
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Adventures for summer, nourishment for winter
According to Abigél Győri, junior brand manager with Henkel, this year ushered in many new innovations, product launches and market entries for brands. In the second half of 2018 Henkel...
Read moreA good vintage is expected in the Szekszárd wine region
An outstanding vintage like last year is expected in in the wine region of Szekszárd, where harvest is approaching its end. Bősz Adrián, president of the wine region told MTI...
Read moreChamber of Agriculture: 80 thousand tonnes of plum yield is expected this year
This year, 80,000 tonnes of plums are expected in Hungary, which is more than the average of the last few years – the National Agricultural Chamber (NAK) told MTI. According...
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If environment protection depends on the Z generation we have to worry
The future generation is not interested in environmental protection enough? What are we doing to be greener? Do we know what zero-waste means? What do we consider to be more...
Read moreAfrican swine fever: the number of infected feral pigs has increased to seventy in Belgium
The number of feral pigs infected with African swine fever has increased to seventy in Belgium, René Collin, Minister of Agriculture announced. La Libre Belgique has reported that 126 wild...
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Canned food: opening
Increased consumer spending has had a positive influence on canned food sales too. András Szirbek, marketing director of Bonduelle Central Europe Kft. spoke to our magazine about the strengthening of...
Read moreMNB: food and tobacco products increased inflation in September
Inflation increased by 0.2 percentage points in September, compared to the previous month. The growth was driven by rising food and tobacco prices – Várhegyi Judit, head of the Hungarian...
Read moreAnalysts: domestic demand increases imports
Internal consumption and investments drive imports, while export growth has slowed considerably in August, which reduced the foreign trade surplus according to MTI analysts. According to the first estimate of...
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Let’s have an egg for breakfast!
“Do not worry about anything, eat eggs with crescent!” – the Hungarian Egg-Hybrid Breeders and Association of Egg Producers said at the Egg World Day. The Hungarian Egg-Hybrid Breeders and...
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HENT: over 50 percent of people think that forgery is dangerous
The proportion of those who believe that forgery is dangerous increased significant since last year, with 8 percentage points to 51 percent. The forgery of intellectual property industries in Hungary...
Read moreOpten: more companies were established and less were terminated than a year ago
In the third quarter of this year, 8482 companies were abolished, 6709 foundations were created, so in three months the number of domestic companies decreased by nearly two thousand –...
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Our favorite beer may be in danger
The state of our waters is getting worse and now the most important European tool for the protection of waters is at stake. One of the ambitious regulations of the...
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