Market News

African swine fever affects ten counties in Romania

African swine fever outbreaks have occurred in ten out of the forty-one counties In Romania – the Romanian Veterinary and Food Safety Authority announced. According to the authorities, a total...

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Weak consumer sentiment in the euro area

Consumer confidence in the euro area declined in August, reaching the lowest level of more than a year earlier, according to preliminary figures released by DG ECFIN (Directorate General for...

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Europe-wide shortage of apricots

This year a shortage can occur of apricot throughout Europe – magyaridok.hu wrote. The Hungarian production is far below the usual level, but farmers in the most significant regions of...

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Harvest begins earlier in the Eger and the Mátra wine regions

The harvest begins two weeks earlier in the Eger and the Mátra wine regions. The harvest of Irsai Olivér starts early in the Mátra wine region area this week, and...

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Shock your buyer!

How can we draw the customers’ attention to our product? From eye camera researches we know that the product itself is the product that the buyer takes the longest attention...

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Nielsen: one-fifth of Hungarian buyers buy family-friendly products

When purchasing a new product, one fifth of Hungarian consumers are looking for products that can be used for the whole family, while one-tenth of them are curious in multifunctional...

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KSH: growth in earnings accelerated

In June, the average earnings of full-time employees were 11.2 percent higher than one-year-ago, after the 10.9 percent increase occured in May – the Central Statistical Office reported on Wednesday....

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The loans and deposits of households and companies have grown

Both the lending and deposit portfolio of households and companies rose in June according to the seasonally adjusted data, only taking the transactions into account – the Hungarian National Bank...

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The Hungarian Product has launched its biggest prize winning action so far

The MAGYAR TERMÉK Nonprofit Kft. has organized its biggest joint marketing event of the past eight years. This year a new record was born: 15 companies are involved in the...

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Indian guest workers at the Hungarian cow farms

Those who have face with job vacancies in their farms for years can find workforce in India. The country’s many cow farms employ Indians, and the locals seem to be...

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More than seventy-five million HUF worth bank transfers over three months

The turnover of transfers has risen to a peak: in the first quarter of this year, the Hungarian National Bank (MNB) has registered turnover exceeding 75 million forints – Világgazdaság...

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Pálinka brewing will be legal in Slovakia from own-produced fruit

In Slovakia, it will be legal to brew pálinka from own-produced fruit. The proposal of the Hungarian-Slovak Now-Bridge party was approved by the coalition government on Wednesday – TASR Slovakian...

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Bulgaria built a fence against swine fever

Bulgaria will shortly complete the construction of the 133-kilometer fence set up at the Bulgarian-Romanian border. The fence is built to prevent the entry of Romanian feral pigs into Bulgaria...

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Giant Japanese radish can protect you from heart disease

A Japanese type of radish can be used to prevent heart disease, which is considered to be one of the largest vegetables in the world – agrarszektor.hu wrote. A crop...

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Eight hundred million internet users in China

The number of internet users is growing rapidly in China. According to a research by a state organization, the China Internet Network Information Center, the number of Internet users in...

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Opten: more than 900 carrier companies have been terminated over two years

According to Opten’s data, 10,152 freight companies are operating in Hungary, 902 less than two years ago. According to the company information service’s announcement, in 2005, 11,054 enterprises were in...

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(HU) Megjelent az online nemzetközi kiskereskedelmi cégek TOP 30-as listája

Sorry, this entry is only available in HU....

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Analysts: wage growth may remain double-digit this year

The rate of wage growth slowed down, but macroeconomic analysts told MTI that they expect wage growth of around ten percent or more at an annual average. According to the...

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AM: the minister discussed the issue of industrial apple with the representatives of the farmers

The Ministry of Agriculture is planning to introduce a contract for a multi-year price range between producers and purchasers in the future – the Ministry of Agriculture (AM) told MTI...

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Household savings have increased

The population has saved a lot of money again, but households had to face a loss of money with risky investments – Világgazdaság Online wrote. Households saved nearly 1300 billion...

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Companies are preparing for IT developments

The investment intent of SMEs has not been so high for more than ten years. Currently 78 percent of the companies are preparing for some kind of development – according...

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Consumer sentiment in the euro area has not improved in July

The euro-zone consumer sentiment index has not moved in July from the eight-month low of June, as assessed by the European Commission. According to the data of the European Commission’s...

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Employment service: the number of jobseekers declined by 6.3 percent in July

The number of registered jobseekers decreased by 6.3 percent in Hungary over a year. According to the data of the National Employment Service (NFSZ), on the closing day of July,...

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Ethanol is produced instead of sugar by Brazilians

With increasing transport needs, more and more fuel is needed in Brazil, mostly produced in sugar cane plants – agrarszektor.hu wrote. Maize – as an ethanol base – is a...

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The producer price of eggs dropped further

The figures of the Central Statistical Office (KSH) show that the number of hens has decreased in Hungary. While the number of hens was 35 million on 1 June 2018...

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Agricultural Chamber: fresh domestic table grapes are already on the markets

Due to the long-lasting warmth, this year the table grapes to ripen two or three weeks earlier, and there is already a large amount of domestic goods in the markets...

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We do not use the irrigation capacities

According to the Minister of Agriculture, “drought is the main source of danger for the Hungarian agriculture today”. Nagy István said at the Agricultural Forum of the opening of the...

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Rabbit consumption has been promoted at the Farmer Expo

There is no healthier meat than rabbit meat – the Minister of Agriculture stated at the Farmer Expo, at the Debrecen stage of the nationwide campaign to promote rabbit meat....

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SMEs expanding resources for capacity expansion

The demand of the SME sector for capacity-enhancing EU tendering opportunities is huge, not only for the free money but also the loan offered with credit in this area –...

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Consumer sentiment in the United States is on annual low

The Consumer Sentiment Index of the Michigan University and Thomson Reuters business news service declined to the lowest level of the past year in August. In August, the consumer mood...

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