Market News
The number of domestic breweries is increasing
The summer heat and the football world cup in Russia will certainly have a good impact on the 2018 performance of the Hungarian breweries, but the Hungarian breweries can not...
Read moreThe performance of logistics increased in the Hungarian economy
The yearbook of the Central Statistical Office (KSH) gives a very mixed picture of the past year’s data on transport and storage – Világgazdaság Online wrote. The compilers themselves, for...
Read moreThe National Council of Mountain Villages urges the expansion of wine exports
Due to a significant decline in domestic wine consumption, the Secretary General of the National Council of Mountain Villages (HNT) urged the expansion of wine exports at the meeting of...
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The budget of the Ministry of Agriculture to expand with twelve billion forints
Next year, the Ministry of Agriculture’s budget will increase by 12 billion, compared to this year – Nagy István, Minister of Agriculture told M1 news channel. According to his report,...
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Nébih: Greenyard withdrew 29.1 thousand tons of quick-frozen vegetables
The Greenyard withdrew about 29.1 thousand tons of quick-frozen vegetables and mixtures of vegetables produced between June 2016 and June 2018 and were sold in Hungary. There is a danger...
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European Commission: record in the number of employees
Favorable trends can be observed in the labor markets. The number of employees reached new record levels and social status improves as well according to the European Commission’s 2018 report...
Read moreApiculture Association: more than 300 apiaries reported bee mortality
More than 300 apiaries reported bee mortality in recent weeks. About 10 to 20 percent of the Hungarian beekeepers are affected by this problem, but the reasons are unknown at...
Read moreConsumer sentiment declines in the United States
The consumer sentiment in the United States worsened in July – the regular monthly survey of the Michigan University revealed. In July, the preliminary value of the consumer sentiment index...
Read moreThe passenger traffic of the Liszt Ferenc airport grew by seventeen percent in the first half of the year
The passenger traffic of the Liszt Ferenc International Airport in Budapest grew by 17 percent in the first half of the year, compared to the same period of last year...
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KSH: agricultural producer prices increased by 0.6 percent in May
Agricultural producer prices increased by 0.6 percent in May, compared to the previous year. The increase is due to a 4.6 percent increase in the price of vegetable products and...
Read moreThe Nébih is satisfied with the quality of the canned beers
The National Food Chain Safety Office (Nébih) did not find any errors or marking errors during the laboratory and official control of the canned beers. According to the Office’s announcement...
Read moreThe European Commission expects a 4 percent growth in Hungary for 2018 and 3.2 percent for 2019
The European Commission improved its prognosis for the growth in Hungarian gross domestic product (GDP), which is expected to grow by 4 percent in 2018 and by 3.2 percent in...
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Things you did not know about the world’s fish production
Since the 1990s, the number of wild fish caught has remained virtually unchanged, while fish consumption is constantly growing – agrarszektor.hu wrote. This can only be achieved with the increase...
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Nielsen: Hungarian women spend one and a half billion forints annually for hair removal
According to the retail index of the Nielsen market research company, Hungarians spent 1.4 billion forints on depilatory products in the period under review, 16 percent more than a year...
Read moreWheat harvest has begun
Wheat harvest has begun on almost 30,000 hectares in Zala County. The average yield per hectare is 4.8 tonnes – the county president of the National Chamber of Agriculture (NAK)...
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A new market is under construction in Esztergom
A new market is under construction in Esztergom. The city received a subsidy of 974 million HUF for this purpose in the framework of the Territorial and Municipal Development Operative...
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Magazine: Using the ideal tyres generates profit
Continental Hungaria Kft. has been an expert of road safety for more than 145 years. Now the company is taking this to an even higher level with the Vision Zero concept, the...
Read moreMNB: rise in inflation is temporary
Inflation is only temporarily and exceeded 3 percent in June, due to external reasons – Várhegyi Judit, head of the Hungarian National Bank (MNB) told M1 news channel on Wednesday....
Read moreKSH: the number of cattle and pigs increased, the number of sheeps dropped
Over the past year, the number of cattle increased by 15,000, while pig stocks by 50,000, however, the number of sheep decreased by 14,000 and the number of hens by...
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Consumer loans over 250 billion in a month
The value of new consumer credit contracts of the households exceeded 250 billion forints in the first five months. It is more than one and a half times more than...
Read moreNagy István: Hungarian honey should be packed domestically
Hungarian honey intended for export has to be bottled in Hungary, because without packaging, foreign plants use it to repair low-quality honey from the Far East – Nagy István Minister...
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Nébih allowed a dairy plant to re-operate
The National Food Chain Safety Office (Nébih) has allowed the operation of a dairy plant in Hajdú-Bihar County after the company replaced the technical and food hygienic deficiencies – the...
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UK: Lidl and Aldi continue to win ground over Big Four
Sales in British supermarkets have risen in the 12 weeks running up to 17 June by 2.1 percent, compared to the same period in 2017, reports Kantar Worldpanel. After a...
Read moreA new national chief veterinarian’s decision came into effect to treat African swine fever
The restricted areas due to African swine fever (ASP) have changed and the rules of state compensation for the disposal of pigs have changed according to the new National Chief...
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Magazine: Technology boom predicted in the logistics market
One of logistics companies’ most important objectives is increasing their efficiency, and they try to achieve this goal by introducing automatic and semi-automatic systems in many areas. According to the...
Read moreInflation over three percent
Consumer prices were on average 3.1 percent higher in June than in the previous year and compared with May, increased by an average of 0.3 percent – the Central Statistical...
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We consume more conscientiously than 5 years ago
The change in the consumer habits of the domestic population points to a healthy and conscious lifestyle. As respondents say they consume more vegetables, fruits and domestic food than in...
Read moreNagy István: Hungarian wine is the flagship of agriculture
The Hungarian winemaking sector is the flagship of the Hungarian agriculture, which is receiving a record amount of subsidies – the Minister of Agriculture said on Tuesday in Budapest at...
Read moreForeign trade surplus was 577 million euros in May
In May, the value of exports in euro was practically unchanged in annual terms, imports increased by 2.9 percent and foreign trade surplus decreased by 245 million euros to 577...
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