Market News

Nébih: the case of contaminated dairy products is treated as a threat at the moment

At the moment, the National Food Chain Safety Office (Nébih) has no information whether the milk would be contaminated in certain chains of stores or that anyone would be sick,...

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The Chamber of Agriculture calls for a sectoral co-operation, due to African swine fever

To reduce the economic damage caused by African swine fever, the National Chamber of Agriculture (NAK) calls for sectoral co-operation – Éder Tamás, vice president of the organization told M1...

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The EU wants higher tax on tobacco products

An at least a 5.4 percent increase in the excise tax on cigarettes in Hungary would meet the expectations of the European Union – Falcsik István tax consultant told Világgazdaság....

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Things to watch when you order a wedding cake

Couplea often do not pay enough attention when choosing a wedding cake, besides choosing a venue, clothes and ornamentation. The temperature, the taste of the guests or the attribute of...

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Romania imports more and more food products

Last year, the Romanian agricultural trade deficit was 853.9 million euros, 53 percent higher, compared to last year’s 557.4 million euros – the Romanian Ministry of Agriculture announced on Sunday....

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The Romanian beer market grew by 2 percent last year

Last year, Romanian beer consumption increased by 2 percent to 16.11 million hectoliters, according to the Romanian beer producers’ association. Average beer consumption per capita was 82 liters in 2017....

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A salary difference of nearly 80 thousand forints between discount stores and small shops

Among retail chains discount supermarkets pay their blue-collar workers the best: at Aldi, Lidl and Penny they got a gross HUF 257,000/month on average in February 2018. Auchan, Spar and...

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Easter brought an egg price increase

In April 2018 consumer prices were 2.3 percent higher on average than a year before. In comparison with April 2017, food prices increased by 4.2 percent. Egg’s price soared by...

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Spring buzz in retail trade

In March 2018 like-for-like retail volume sales augmented by 8.5 percent; adjusted for calendar effects, the sales growth was 7.1 percent – reported the Central Statistical Office (KSH). Food and...

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Both vegetable and livestock product prices became higher in March

According to data from the Central Statistical Office (KSH), in March 2018 agricultural production prices were 2.5 percent higher than in the same period of 2017. This rise was the...

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Less optimism among large companies

Optimism among domestic large companies slightly weakened – according to the first quarterly result of K & H’s corporate growth index. The year-on-year indicator of the largest domestic companies fell...

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Russians are in need of seed importation

This year, the expected total yield of oilseeds can be boosted in Russia, according to the calculations of the US Department of Agriculture (USDA) – agrarszektor.hu wrote. Although they can...

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Rise in Hungary’s live cattle export

Hungary’s live cattle export was 73 percent higher in January-February 2018 than in the same period of 2017. The main buyers were Turkey, Austria and Croatia – we sold more...

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Magazine: The barbecue grills are already sizzling

Although manufacturers do their best to offer alternatives for the autumn-winter period, barbecues have remained a spring-summer thing, so the category of grill products is very much seasonal and sales...

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The value of trust is priceless in this category

The intimate hygiene category is characterised by a strong but vulnerable brand loyalty. According to Nielsen data, sales in the category were up more than 2 percent in volume and 3...

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Showered with fragrances (Part 2)

Brand manufacturers are of the opinion that in the shower gel category the three most important buying decision making factors are price, brand loyalty and product fragrance. According to Réka...

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Good bye, calories!

2017 was an exceptionally good year in the Hungarian iced tea market. Nikoletta Buzder-Lantos, marketing manager of Fővárosi Ásványvíz- és Üdítőipari Zrt. told our magazine that sales were up nearly 6 percent...

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Beef exports increased

While the dairy herd stagnates, beef cattle has a renaissance in Hungary – agrarszektor.hu wrote. The wide range of subsidies, a market free of greater crisis and relatively low investment...

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Chamber of Agriculture: the competitiveness of the poultry sector can be ensured through developments

The competitiveness of the poultry sector can be ensured through developments and investments – Zászlós Tibor, vice-president of the National Chamber of Agriculture (NAK) told at a professional conference on...

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The government and MKIK are preparing for another agreement

Like the previous two cycles, the Hungarian Chamber of Commerce and Industry (MKIK) wants to conclude a cooperation agreement with the new government – the president of the chamber said...

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Supplier program for SMEs

As part of a mentoring program, the government will spend 3.3 billion HUF on strengthening small and medium-sized enterprises in the next three years, primarily for their manufacturing, management, financial...

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Fish grid was built on one of the channels of the Lake Balaton from one hundred million forints

The 100 million HUF subsidy was won within an application for habitat development on one of the channels of the Lake Balaton, the Western channel – was said at the...

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The mood of American consumers has not change in May

The mood of American consumers has not change in May – the regular monthly survey of the Michigan University reveals, whose preliminary results were published on Friday. The consumer mood...

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Cultures and yogurts

In 2017 the otherwise colourful Hungarian yogurt market got smaller. Data from manufacturers indicate that yogurt drinks and flavoured yogurts were less affected by this negative trend. Fabrizio Sforza, market leader...

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The legislations can be issued on the basis of a honey report in one and a half years

The legislations can be issued on the basis of a honey report adopted on 1 March in the European Parliament (EP) within one and a half years – Erdős Norbert,...

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Inflation has accelerated in Europe

Growth in consumer prices has risen in the euro area and in the European Union in March. According to the final data published on Wednesday by the European Union’s statistical...

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Magazine: Food price increase above the average

In March 2018 consumer prices were 2 percent higher on average than a year before. In comparison with March 2017, food prices increased by 4.1 percent. Egg’s price soared by...

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Agricultural producer prices rose by 2.5 percent in March

Agricultural producer prices increased by 2.5 percent in March, compared to a year before. The increase of agricultural producer prices is due to the 2.6 percent increase in the price...

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This year’s beer season started with a tapping and a call

The Association of Hungarian Beer Manufacturers and the Kraft Beer Association opened this year’s beer season with a joint tapping. The overwhelming majority of domestic consumption – about 120 million...

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The Nébih started an investigation due to polluted dairy products

An investigation has been initiated by the National Food Chain Safety Agency (Nébih) for contaminated dairy products, because certain UHT products on certain chains could deliberately be contaminated by someone;...

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