Market News
The decline in milk prices may end
The producer price of milk is almost 10 percent lower since the beginning of the year, but the market expect that it has already reached this year’s low. The price...
Read moreThe harvest of Csabagyöngye has begun
The harvesting of the earliest grape variety, the Csabagyöngye has begun on Tuesday. Harvest has begun ten days earlier than the average in Hungary and throughout Europe – the Varga...
Read more
NAK helps the survival of milk machines with the new regulation
At the initiative of the National Chamber of Agriculture (NAK), vending machines for raw milk do not need to have an automatic supervisory unit, and operators can fulfill the obligation...
Read more
More than 1,200,000 food packages were saved for the needy
Food waste is still a huge problem in the world and in Hungary. It has a huge impact on our society and our environment as well. In Hungary, the Food...
Read moreThe number of Hungarians working in Austria reached the highest level so far
The number of Hungarians working in Austria has reached the highest level so far. However, most of these workers are seasonal workforce, possibly commuters. In June, the number of Hungarians...
Read more
According to the developers of the Maros-field economy development program, trust has been restored
The Managing Director of the Pro Economica Foundation – which has organized the Maros-field economic development program, supported by the Hungarian state – said that trust has been restored with...
Read more
The economic performance of the euro area has deteriorated
In spite of some improvement in manufacturing performance, the economic performance of the euro area deteriorated slightly in July. According to the preliminary figures of the London-based IHS Markit Economics...
Read moreRetail sales in Germany increased less than expected in February
Retail sales in Germany expanded to a lesser extent than in February, just like in January, which is another indication that this year started weaker in the largest economy of...
Read moreThe National Council of Mountain Villages has announced the forecast of the average grape wine prices for 2018
The National Council of Mountain Villages (HNT) has published its forecast for the average grape wine prices for the 2018 harvest on its website, the organization told MTI on Monday....
Read more
Profession.hu: the number of job advertisements increased by 17 percent in the second quarter in annual comparison
In the second quarter, more than 40,000 new jobs were advertised by companies, which is a 17 percent increase over the same period of last year. The highest number of...
Read moreDigital wealth loan program to be launched for SMEs and start-ups in September
The Digital wealth loan program was launched on Friday, under the Digital Wellbeing Financial Program (Djp). The Digital wealth loan program intends to provide preferential funding to innovative businesses seeking...
Read more
The new EU Regulation on Geo-Blocking
On February 27, 2018, the European Council adopted a regulation to ban unjustified geo-blocking in the single market (EU Regulation 2018/302). The regulation entered into force on March 22, 2018...
Read moreSwine fever virus was detected in Bihar County, Romania
The Romanian Animal Health Authority confirmed the presence of African swine fever (ASF) in one of the small domestic swine herds of Kiskereki settlement in Bihar. The 10-kilometer radius around...
Read moreThe Czechs will check the imported Polish food more strictly
In the future, the Czech Ministry of Agriculture wants to check the foods imported from abroad more closely if they have previously experienced problems with the manufacturer. If they find...
Read moreIKEA will open smaller, downtown shops in Britain
IKEA will open smaller, downtown shops in Great Britain and is also implementing 24-hour home delivery service to suit changing consumer habits. The Times British daily wrote about the plans...
Read more
The oldest bread in the world is 14,000 years old
The oldest direct evidence of bread ever found, dating back over 14000 years was discovered by archaeologists at an excavation site in Jordan. On the basis of the studies, it...
Read moreGenetically engineered pigs would be more resistant
Scientists have created pigs that are immune to one of the world’s costliest livestock diseases – BBC wrote. GE is different to the more widely used technology of genetic modification....
Read more
GKI’s economic sentiment index reached another peak in July
After its historic peak in June, GKI’s economic sentiment index continued to rise further in July. According to an empirical survey conducted by GKI with the support of the EU,...
Read more
KSH: earnings grew by nearly 11 percent
The average gross earnings of full-time employees in May were 327 500 forints, 10.9 percent higher than a year before – the Central Statistical Office (KSH) reported on Friday. In...
Read more
The Ministry of Agriculture has set itself the goal of doubling fish consumption
The Ministry of Agriculture is working to double the current Hungarian fish consumption of 5.7 kilograms per capita as soon as possible – Nagy István, Minister of Agriculture said on...
Read moreThe subsidies contributed to the development of apiculture
From 2010, the beekeeping industry has received almost 10 billion forints. 50 percent from budgetary and 50 percent from EU funds. This amount has helped technological renewal, the development of...
Read more
Blueberries are more and more popular
In order to prevent the deception of customers, Nébih controls the origin of blueberries offered for sale at domestic shops and markets – origo wrote. Nowadays, the demand for blueberries...
Read more
Hungarian melon will be promoted in the Erzsébet camps again this year
In addition to the high-traffic summer events, the Agrármarketing Centrum (AMC) and the National Chamber of Agriculture (NAK) will promote the Hungarian melon in the Erzsébet camps again this year....
Read more
Apricot production is expected to be poor
Apricot production is expected to be weak this year. Due to the frosts in March, less than half of the average 30,000 tonnes of crops will be harvested – was...
Read moreSmall horticultures are struggling with labor shortages
The seasonal work in horticultures is an indisputable problem, and many farmers find no workers to harvest crops. Labor shortages are a problem in the whole agrarian sector, together with...
Read more
Palkovics László: Hungary will use 95 percent carbon dioxide-free energy in the future
In the future, Hungary will use 95 percent of carbon dioxide-free energy – Palkovics László Minister of Innovation and Technology, told MTI after he spoke on Wednesday at the United...
Read moreBritish retail sales on a fourteen-year peak
The growth rate of retail sales grew to a fourteen-year peak in the second quarter of the year in Britain, although consumers spent less in June. According to a statement...
Read moreFrench consumer mood deteriorated in June
Instead of expected stagnation, consumer confidence in France declined to its 21-month low in June, according to a statement of the National Statistical Office (Insee) published on Wednesday. In June,...
Read moreFAO and WorldFish forge partnership to build the resilience of fishers and fish farmers
The International Center for Living Aquatic Resources Management (WorldFish) and the UN Food and Agriculture Organization (FAO) today agreed to boost their efforts to build the resilience of fishers and...
Read more
EU subsidies for Hungary are expected to decrease by a quarter from 2021
Although there is still debate over the final figures, according to the present plans, the European Commission (EC) proposes 17.9 billion euros (approximately 5.76 thousand billion forints) cohesion support for...
Read more