Market News
KSH: consumer prices increased by 3.4 percent
Consumer prices were 3.4 percent higher on average in July than in the previous year and 0.3 percent on average in June – according to the Central Statistical Office (KSH)....
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The European vegetable sector is in a huge crisis
According to the European Association of Vegetable and Fruits Producers (PROFEL), farmers have not experienced a similar crisis over the past 40 years. The drought continued in July, so yields...
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Nébih found only one serious mistake in the vanilla ice creams
The National Food Chain Safety Office (Nébih) found marking deficiencies in boxed vanilla ice creams, but food control fines were imposed only in one case. According to a brochure published...
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Conscious shopping can reduce the use of nylon bags
The European Union (EU) seeks to eliminate disposable nylon bags in the Member States and substitute them with environmentally friendly forms of packaging. To reach this goal, in addition to...
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Price increase on the European milk market
A rise in prices can be experienced on the European dairy market for the first time since November last year – agrarszektor.hu wrote. The purchase price of milk increased to...
Read moreMore than the third of companies change their strategy due to the minimum wage and the guaranteed minimum wage
37 percent of the companies modify their business strategy as a result of the rise in the minimum wage and the guaranteed minimum wage – the Hungarian Institute of Economics...
Read moreHarvest began earlier in the Szekszárd wine region
Harvesting in the Szekszárd wine region started about 1.5 – 2 weeks earlier. Producers expect better than average vintage both in quantity and quality and higher buying-in prices – the...
Read moreBeer production is affected by the raging heat
Even the beer market is affected by the heat on our continent. In the northern European production areas, the malting barley plantations have dried up because of all the hotness...
Read moreFraudsters appear on behalf of the National Dohányboltellátó Kft.
The National Dohányboltellátó Kft. warns of fraud attempts. On behalf of the company, false information was sent out from a false e-mail address. The company initiated legal action, due to...
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School starting from at least 20 thousand HUF per child
The school start of a child attending general school requires the conscious preparation from the Hungarian parents. The acquisition of basic equipments ranges from 10 to 30 thousand forints, while...
Read moreIn the spring, half of the Hungarian bees have been died
In the spring, at the time of sunflower flowering, half of the Hungarian bees have lost – Bross Péter, president of the National Hungarian Association of Beekeepers told InfoRadio –...
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Nielsen: The majority of the festival goer youngsters are carrying condoms
The domestic festival goers are conscious: 60 percent of the respondents carry condoms. Nearly two-thirds of men, but more than half of women are “getting ready” for the festival’s mood...
Read moreThe Nébih found everything okay when examining VinAgora’s medal winner wines
The National Food Chain Safety Office (Nébih) found everything all right when testing the wines of the VinAgora International Wine Competition – the organizer of the event, the Hungarian Grape...
Read moreGrape harvest begins this week with early varieties
Because of the heat, grape harvesting starts early in August, but middle-breed varieties are harvested three weeks earlier than usual – Mészáros József informed MTI on Monday. The wine cellar...
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The melon season in Vajszló came to an end two weeks earlier than usual
This year, the watermelon and melon season in Vajszló ended two weeks earlier – Rab Tamás farmer told MTI. He said that the amount of fruit was medium, but its...
Read moreAfrican swine fever spread throughout Europe
The African swine fever spreads throughout Europe, and the epidemic of African swine fever (ASF) has worsened in several European countries over the past two months – the National Food...
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Higher than average soy crops are expected in Baranya county
Eberhardt György, the manager of the Mohács-based Margittasziget 92 Kft. expects 3.5-4 tons per hectare yield. According to Eberhardt György, the plants would need 5-8 degree lower temperature and some...
Read moreK&H: large companies expect long-term growth
Most of the large companies operating in Hungary are counting on the continuation of economic growth, but their expectations are somewhat more moderate in the last six months, according to...
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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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