Market News
EC: the limitation of the retail margin of certain products is illegal
In the framework of an infringement procedure, the European Commission (EC) has repeatedly called on Hungary to abolish the restriction on the retail margin of agricultural and food products. In...
Read more
Breed your own pig! – Virtual breeding, real-life pig slaughter
In Cégénydányád anyone can breed their own pig virtually: those who take part in Szatmár Farm Cooperative’s program can follow the breeding process of the pig they have bought online,...
Read moreThe new veterinarian decision against African swine fever was published
The National Chief Veterinary Officer compiled the protection tasks on the control of African swine fever (ASP) in a unified structure, supplemented with new measures – the Ministry of Agriculture...
Read more
Magazine: Butter: things are alright
We don’t know how the butter market would have performed last year if product prices didn’t increase sharply. Even in these conditions Sole-Mizo Zrt. sold 5 percent more butter and butter spread...
Read moreAnalysts: strong increase in retail this year
Growth in retail sales in February was somewhat behind the analysts’ expectations, but despite the slowdown in January, this year started strong – analysts commented the latest data of KSH...
Read moreNGM: several factors are influencing the growth of consumption
In addition to the increase in the number of employees and real wages, the VAT cuts on individual product groups also have an impact on the increase in consumption –...
Read more
FruitVeB: the spring frost hit apricot the most
The spring frost has been damaging the apricot to the greatest extent, and it is estimated that due to the significant sprout damages, only relatively weak yields of between 10...
Read more
Free wifi makes the Hungarian smartphone user happy
More than half of the Hungarians would receive ads on their devices in exchange for high quality, free wifi services, according to a survey of PushAir. More than half of...
Read moreA local products warehouse to set up in Cserdi, Baranya county
The local government will set up a local products warehouse, cold storehouse and packing logistics center in Cserdi from 250 million HUF EU funds – was said at the opening...
Read moreTen percent more companies were founded in the first quarter
In the first quarter, 7,127 new companies were set up, which is 10 percent more than in the same period of last year and five percent more than in the...
Read more
Oil seed processing plant was opened in Göncruszka
Hungary’s power lies in rural existence – Balog Zoltán, Minister of Human Resources said on Thursday in Göncruszka, Borsod-Abaúj-Zemplén county on Thursday, at the handing over ceremony of the oil...
Read more
Compared to its peak, GKI’s economic sentiment index fell slightly in March
After its historic peak in February, the GKI’s economic sentiment index fell slightly in March. According to the empirical survey conducted by GKI with the support of the EU, expectations...
Read moreRomanian retail sales increased
The volume of Romanian retail sales grew by 8.3 percent in the first two months of this year, compared to the same period of last year – the Romanian National...
Read moreRetail sales expanded further
According to both the raw and calendar effect adjusted data, retail sales grew by 6.5 percent in February – according to the first estimate published by the Central Statistical Office...
Read more
Nébih started inspection in the refrigeration and canning industry
Hungary has also been affected by the European listeria-epidemic that has caused several deaths in recent years – agrarszektor.hu wrote. Domestic and exported quick-frozen vegetables have also been proven to...
Read more
The willingness of SMEs to invest is at a multi year peak
The willingness of SMEs to invest is at a multi year peak, as currently two out of three executives plan to make some improvements over the next year, according to...
Read more
A strategic framework agreement has been concluded between the FM and the Fishing Association
A strategic framework agreement has been signed between the Ministry of Agriculture and the Hungarian National Fishing Association (Mohosz) to support natural waters and their associated fishing-tourism developments – the...
Read moreThe Hungarian State Treasury accelerated agricultural payments
The Hungarian State Treasury (MÁK) accelerated the agricultural payments, so until 31 March, support requests submitted under the single application amounted to 441 billion forints – the MÁK reported on...
Read more
In February, retail sales in the euro area increased less than expected
Compared with the expectations of the analysts, retail sales in the euro area increased less than expected in February. Eurostat announced on Thursday that in February, the seasonally adjusted value...
Read more
The NAK opened its renewed Bács-Kiskun County Directorate on Wednesday in Kecskemét
The National Chamber of Agriculture has opened the renewed Bács-Kiskun County Directorate in Kecskemét on 4 April. The chamber has about 40,000 members in the county – the public body...
Read more
Nébih: anthrax struck the sheep
The National Food Chain Safety Office (Nébih) laboratory confirmed that anthrax has caused the sudden death in a sheep’s flock at the end of March, probably the inland water could...
Read moreIllegal tobacco products were seized in Monok
Six million HUF worth of tobacco products were found by financial investigators in Monok – the Borsod-Abaúj-Zemplén County press Officer of the National Tax and Customs Office (NAV) told MTI...
Read moreChina cuts the way of American soya, too
Earlier Wednesday, China said it would levy an additional 25 percent levy on about $50 billion of U.S. imports including soybeans, automobiles, chemicals and aircraft. The move matched the scale...
Read moreKopint-Tárki is expecting a four percent increase and a 2.5 percent inflation
The Kopint-Tárki Business Climate Research Institute is anticipating its December projection and expects a 4 percent increase in GDP in 2018, its inflation projection has not changed expecting a 2.5...
Read moreA new trademark guarantees the GMO-free status of the Hungarian foods
A new trademark is introduced by the Ministry of Agriculture (FM) to distinguish Hungarian foods without genetic modification (GMOs). At a press conference held on Wednesday in Budapest, Fazekas Sándor...
Read moreA maize mill is under construction in Karcag
The Jász-föld Zrt. is building a maize mill in Karcag with a 1.5 billion forints investment – the Ministry of Agriculture (FM) told MTI on Tuesday. The announcement quotes Fazekas...
Read more
MLBKT: March Purchasing Manager Index fell slightly but still high
The seasonally adjusted value of the Purchasing Manager Index (PMI) was 57.0 points in March; lower than the 57.2 points of February 2018 and the fourth highest March value since...
Read more
The economic growth of the euro area economy has slowed
The economic growth of the euro area has slowed in February to four-month lows. The IHS Markit economics research institute in London announced that the aggregate purchasing manager index (PMI)...
Read more
Magazine: In the hands of the weather
According to data from Nielsen, both value and volume sales decreased in the category of insecticides and insect repellents in 2017. Gergely Bajomi, sales manager of Bábolna Bio Kft. spoke to our magazine...
Read moreMNB: consumption, investment and exports promise a more than expected growth in 2018
Based on the data received since December’s Inflation Report, the Hungarian National Bank (MNB) expects more favorable consumption and investment processes and a slightly stronger export growth. The experts of...
Read more