Market News

The Minipolisz children’s town was expanded with Nébih’s pedagogical programs

The National Food Chain Safety Office (Nébih) has provided spaces for providing experience pedagogical programs and useful knowledge in the Interactive Children’s Town of Minipolisz in Budapest. Zsigó Róbert, Minister...

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MGYOSZ: a growing gap between employer expectations and the knowledge of students

There is a growing gap between the expectations of employers and the experience and expertise of graduates – Gablini Gábor, vice president of the Hungarian Association of Employers and Industrialists...

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The construction of a new commodity management center at the Ferihegy Airport has begun

The construction of a new commodity management center called Cargo City has begun on Friday at Budapest Liszt Ferenc International Airport. In the first phase, the builders will build a...

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HNT: mustgases are causing accidents mainly in family and hobby wineries

Mustgases are causing accidents mainly in family and hobby wineries – Brazsil Dávid, Secretary General of the National Council of Mountain Villages told M1 news channel. According to the Secretary-General,...

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Magazine: Fluctuating lamb prices

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that in 2018 approximately 890,000 tons of lamb and goat meat will be produced...

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KSH: earnings growth continued to accelerate

In July, gross average earnings were 12.8 percent higher than in the previous year, with job earnings rising by 12.1 percent in the first seven months – the Central Statistical...

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Excellent apple yield throughout Europe

There is a great apple yield throughout Europe: 13 million tonnes of fruits are expected in the European Union. In Hungary, 20-25 percent more apples were harvested than last year,...

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MNB: inflation will be slightly above 3 percent in the short term

According to the latest inflation report of the National Bank of Hungary (MNB), inflation is expected to be slightly above 3 percent in the short term. In a sustainable manner...

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Századvég: fixed-rate loans give SMEs financial stability

The central bank’s fixed interest rate loan for small and medium-sized companies will provide financial stability and will have a stimulating effect on economy – Regős Gábor, economist at Századvég...

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School start costs 48,000 for a lower grade this year

The average cost for the schoolstart of students in a lower lower grade in 2018 was 48,000 forints, and for seniors 61,000 forints, according to the joint survey of Bónusz...

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The consumer sentiment in the euro area and in the EU also deteriorated in September

The confidence of consumers in the euro area and in the European Union has also deteriorated in September, according to a preliminary estimate published by the European Commission on Thursday....

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17 billion forints annually for the development of irrigation purposes in the 2020-2030 period

In order to achieve efficient and sustainable water management, the government will provide 17 billion forints of public funds annually for irrigation purposes every year between 2020 and 2030 –...

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Most of the Hungarians would like to work from home

Currently 5 percent of Hungarian workers work predominantly from home, and 55 percent want to work from home – according to Fundamenta-Lakáskassza Zrt. National Representative Research. According to a survey...

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Feed production decreased

Domestic feed mix production decreased by a total of four percent last year – according to recent data published by the Agricultural Research Institute (AKI) – agrarszektor.hu wrote. In the...

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A package of proposals has been prepared by the factory industry alliance for the renewal of vocational training

A Comprehensive Proposal Package has been developed by the National Association of Employers and Industrialists (MGYOSZ) for renewing vocational training – Futó Péter, president of the organization told at a...

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African swine fever: eleven countries have suspended meat imports from Belgium

Because of African swine fever, eleven countries outside the European Union have suspended imports of pork from Belgium, “Belgian newspaper Le Soir said on Wednesday. Belgian Minister of Agriculture Denis...

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The European Commission has registered a Citizens’ Initiative to Ensure a Quality of Food

The European Commission has decided to register a European Citizens’ Initiative urging the prevention of fraud in food products, the EU Commission said. According to the information, the Eat original!...

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There is a need for digitization in agriculture

Farmers are open to innovations that will help them make more money and revenue without compromising food security – Liam Condon, Board Member of Bayer and Chairman of Crop Science,...

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Lower sunflower prices, decreasing sowing area in Hungary

Sunflower sowing area decreased by more than ten percent this year in Hungary. Quality is very variable, but the yield is still high. This year’s sunflower plantation was 628,000 hectares...

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Eurozone’s inflation declined in August

The rise in euro area consumer prices has slowed in August from the five-and-a-half year peak – according to Eurostat’s final data published on Monday by the European Union’s statistical...

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With the opening up of the market, producers and consumers could lose a lot

Serious disadvantages would endanger the European farmers due to the entry into force of a free trade agreement between Mercosur (Argentina, Brazil, Paraguay and Uruguay) and the European Union –...

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Consumption of dairy products can reduce the risk of heart disease

There was a correlation between the regular consumption of dairy products and the reduction of the risk of heart disease in an international research. The survey conducted by The Lancet,...

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The OGYÉI removed all Calcium-Sandoz tablets from circulation

All Calcium-Sandoz tablets were withdrawn from circulation – the National Institute of Pharmacy and Nutrition Institute (OGYÉI) wrote on Monday. According to the announcement, elemental contamination over the limit was...

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Consumer sentiment has improved in the world’s largest economy

The Consumer Sentiment Index of the Michigan University improved more than expected in September. In September, the uncompleted Consumer Sentiment Index of the Michigan University rose from the previous month’s...

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The apple yield may be above average

The apple yield to be about 25 percent higher than the 10-year average, 730 thousand tons of which 25 to 30 percent are edible apples and 70-75 percent industrial apples,...

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The reduction of EU agricultural subsidies is unacceptable

The reduction of EU agricultural subsidies in the Common Agricultural Policy is unacceptable for Hungary – Györffy Balázs, President of the National Chamber of Agriculture told at the presidency meeting...

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Corn imports can brake records in Europe

USDA analysts expect significant European maize imports this year, of which the US can only profit indirectly – agrarszektor.hu wrote. There is still a small amount of corn, wheat and...

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Hungary is planning to ban plastic bags as well

It is expected that at the end of September, the draft law will be published, from which the Ministry of Innovation and Technology (ITM) expects a significant reduction in the...

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The Minister of Agriculture handed over a modern training garden in Budapest

Nagy István, Minister of Agriculture and the managing director of the supporter of the project, the Syngenta Hungary handed over a training garden in Budapest. The training garden helps to...

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The ten millionth online bill was issued

The online account system was launched on July 1. Now after two and a half months, the ten millionth bill has arrived at the tax office. The new online system...

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