Market News

There is no threat of bluetongue disease currently

The National Food Chain Safety Office (NÉBIH) announced the seasonal vector-free season for the whole of Hungary in connection with the bluetongue disease – agrarszektor.hu wrote. Measures taken since the...

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Magazine: When buying ham, shoppers prefer branded products

In March-April 2017 combined volume sales of the ‘smoked meat’ and ‘smoked-cooked meat’ categories amounted to 3,944 tons, 6.7 percent more than in the same period of 2016 – reported...

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(HU) Márciusban a csúcshoz képest kissé csökkent a GKI konjunktúraindexe

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

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Manufacturers of sweets are expecting the same amount of traffic as last year

The Association of the Hungarian Confectionery Manufacturers (MÉSZ) expects a similar Easter traffic as in last year, Sánta Sándor, chairman of the association told MTI. The association referred to the...

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The Pénzügykutató Zrt. improved its growth forecast this year to 3.9 percent

The Pénzügykutató Zrt. improved its growth forecast this year to 3.9 percent from the previously predicted 3.7 percent, and the momentum, albeit with a moderating dynamics will remain in 2019,...

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NGM: retail sales are growing steadily for 55 months

Retail turnover has been growing steadily for 55 months – the Deputy Minister of State of the Ministry of National Economy (NGM) told M1 news channel, commenting on the latest...

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Media Council: the channels are repeating the advertisements more often

The trend observed earlier continues. Less advertisements are repeated more often by the channels, according to a survey of the media council on new advertising spots published in the second...

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A strategic agreement was signed between the Ministry of Agriculture and the Beekeepers’ Association

A strategic agreement was signed between the Ministry of Agriculture and the Beekeepers’ Association. The document on the cooperation of the further development of the sector was signed on Friday...

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Modern pig slaughter and processing plant from three billion HUF in Sárrétudvari

In its category it will be the most modern cutting and processing plant in Central Europe – the Minister of State responsible for Agricultural Rural Development announced at the foundation...

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Hungary’s original wine map is being prepared in Szerencs

The staff of the wine laboratory of Szerencsi Diagnosticum Zrt. are preparing the country’s original wine map. To the 1.7 billion HUF laboratory development and the production of the wine...

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Trademarked producers

Nearly a thousand food products, hotels and restaurants, a handicraft product have a national park trademark in Hungary – the Minister of Agriculture said in Miskolc on Saturday. Fazekas Sándor...

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Bureaucracy may be reduced in crop production

The National Arable Crop Production and Supply Industrial Board of the National Chamber of Agriculture (NAK) was established. Petőházi Tamás has become the chairman who is also the deputy chairman...

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KSH: retail sales have increased even more than previously announced

In January, retail sales volume grew by 7.8 percent year-over-year, according to the raw and calendar effect adjusted data, according to the second estimate published by the Central Statistical Office...

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Fidelity: growing optimism in Europe

European companies are back from years of cost control and consolidation. With the winds of global growth in their sails, they are making the most of ultra-cheap funding costs, growing...

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Risky poultry import poses a food safety risk

The free-trade agreement between the European Union and the South American MERCOSUR countries could not be established until the recent Brazilian meat scandal was investigated by the authorities – Erdős...

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A municipal meat processing plant was opened in Hajdúböszörmény

A municipal meat processing plant was inaugurated in Hajdúböszörmény on Wednesday. The 268 million forints investment was supported by the Ministry of Interior under the Public Employment Program with 238...

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A program to be launced for children to reduce food waste

The National Food Chain Safety Office (Nébih) is launching a program for the kindergartens and schoolchildren for the prevention of food waste – the Minister of State responsible for Food...

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We spend three to five thousand forints per child for toys at Easter

Hungarian parents this year typically spend 3-5 thousand forints each year for toys during Easter. Usefulness, price and quality are the most important aspects. From the recent research of the...

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They are encouraging an economical approach on the World Water Day

Currently, two billion people are drinking contaminated water every day, so therefore on the occasion of the World Water Day, people are encouraged to an economical approach – Juhász Árpád,...

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KSH: the census of orchards will begin on 14 February

The Central Statistical Office (KSH) carries out a fruit plantation census between 14 and April 16 February – Tóth Péter, Adviser to the Agricultural Statistical Department of the Central Statistical...

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Magazine: Health-consciousness is spreading in the fruit juice market

In the summer period demand increases for juices with low fruit content, while in winter the products with higher fruit content are popular. According to Gábor Ivády, commercial excellence leader of Coca-Cola...

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Nielsen: ham and chocolate sales accelerated

The domestic retailers reached a two-digit increase in value in the 2017 Easter season, in terms of ham and seasonal sweets. In March-April 2017, Hungarians spent over 8 billion forints...

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Fazekas Sándor: the production safety of Hungarian farmers is guaranteed

Hungary has successfully defended the interests of the Hungarian farmers at the meeting on the future of the common agricultural policy. The EU agriculture ministers have made decisions that provide...

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Economic growth in the EU is accelerating this year

The European Commission (EB) forecasts a faster growth, even higher than last year’s outstanding economic performance. Instead of the previously forecasted 2.1 percent increase a 2.3 percent growth is expected...

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NGM: operators of food and drink machines have to install the so-called automated control unit by 1 July

Businesses operating food and drink vending machines must install the so-called automated control unit by 1 July, which will enable the National Tax and Customs Office (NAV) to track the...

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A food safety alert was issued due to a bitter apricot kernel diet supplement

The Dutch Authority issued an alert for a bitter apricot kernel diet supplement, (which was shipped to 12 EU Member States, including Hungary) due to a higher content of cyanide...

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The value of last year’s agricultural exports is expected to be record high

Last year’s export of agricultural products is expected to be record-breaking. In the first 11 months of the year, agricultural export exceeded the 2016 level by 8 billion euros (2400...

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GKI: The Hungarian economy before elections

Although Hungary’s GDP expanded slightly faster than expected in 2017, by 4 per cent and considerably faster than the EU average, its growth rate was moderate in the CEE region....

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Earnings increased significantly at the beginning of the year

In January, gross and net average earnings were 13.8 percent higher than a year before, which is a six-month peak. Growth was affected by the 8 percent increase in minimum...

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FM: results in the fish sector can be achieved through co-operation

Udvari Zsolt, head of the Department of Fishing and Fisheries Management at the Ministry of Agriculture (FM) said that the results in the fish sector can be achieved through the...

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