Market News
Nébih regards black foods as a risk factor
The National Food Chain Safety Office (Nébih) has identified a group of so-called black foods as a new food safety risk factor – the agency announced on its website. The...
Read moreRetail sales expanded further
In April, retail sales grew by 4.4 percent in line with the raw data, while calendar effect adjusted, mainly due to Easter effect increased by 6.1 percent, compared to the...
Read moreHungary’s competitiveness has improved
Hungary is ranked 48th in the new competitiveness ranking of the World Economic Forum (WEF), which is a significant improvement compared to the 69th place of 2016 and the 60th...
Read moreThe loan portfolio of the Agricultural Credit Guarantee Trust exceeded 300 billion HUF
The loan portfolio of the Agrár-Vállalkozási Hitelgarancia Alapítvány (AVHGA) has more than tripled over the last five years and has exceeded the 300 billion forints. Herczegh András, the managing director...
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Milli desserts to be expanded with Creamy Cakes
The sugar-reduced version of the Milli Cream Cheese was born, which is the favorite of many people. In addition to the popular vanilla, the new Milli Fitt Cream Cheese will...
Read moreAbout one thousand packets of untaxed cigarettes were seized by the NAV
About a thousand packets of untaxed cigarettes were found in a social home and the home of two social workers. The illegal tobacco products were seized – the National Tax...
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Here is the new Forgó Morgó drawing contest
After the great successes of the 2015 and 2016 drawing contest here’s another opportunity for kids to show their talent. Following the earlier traditions of the APPLiA Hungary Association, the...
Read moreIn five years, the alcohol consumption of the Russians has almost halved
Alcohol consumption in Russia has dropped by more than 40 percent over the past five years – Russia’s Health Minister Veronyika Szkvorkovska announced on Tuesday at a special meeting in...
Read moreThere are great opportunities in wine making
In the coming years there will be great opportunities in wine making, which is why it was decided that a new tender will be issued for about 50 billion forints...
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European Fresh Adventures attracted half a million people to the importance of fruit and vegetable consumption
In the first year of the European Fresh Adventures campaign, the National Chamber of Agriculture has called attention to the importance of fruit and vegetable consumption to about half a...
Read moreNielsen: the hand cream season launches in October
In the autumn, the turnover of hand and nail care creams will start, which will peak in December. Between September 2017 and August 2018, about 3000 hectoliters of products were...
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The Nébih suspended the operation of a bakery in Pest county
Due to severe food safety problems, the National Food Chain Safety Office (Nébih) suspended the operation of a bakery in Pest County with immediate effect. According to information from the...
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ZEW: euro zone’s economic mood is on a six-year nadir
In October, economic sentiment in the euro area and Germany declined more than expected, to a six-year low – according to a survey published by the ZEW Institute of Economics...
Read moreAmerican retail trade data is disappointing
Retail sales in September were less than expected by analysts. On Monday, the US Department of Commerce announced that the seasonally adjusted and retail-adjusted retail sales increased by 0.1 percent,...
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FruitVeB: vegetable production is similar to last year’s and can be around 1.9 million tonnes
Some vegetables, including peppers and green peas, have been damaged by the long drought weather, but the warmth was good for sweet corn; record-breaking crop is expected. Vegetable production can...
Read moreNagy István: a campaign to be launched to encourage honey consumption
A campaign will be launched to encourage domestic honey consumption, which is currently only 7,000 tons per annum of 20,000 tonnes per capita – Nagy István, the Minister of Agriculture...
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The NAK has developed a food coordinator network
The food industrial co-ordinator network started its work within the National Chamber of Agriculture, and the first part of the series entitled “Food Handbook” was published as well – was...
Read moreMadosz: tobacco growers need a stronger interest representation in Europe
In order to maintain Hungarian and European tobacco production, it is necessary to reach new political agreements and create stronger interest representation for tobacco growers in the European Union –...
Read morePayments for agricultural subsidies may begin
From 16 October, agricultural subsidies can be paid from the EU and the Hungarian budget – according to the Ministry of Agriculture regulation published in the latest Magyar Közlöny. The...
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Chamber of Agriculture: 200-500 tons of sweet chestnut trees annually
Chestnuts will be available this week on the market, of which 200-500 tons have been produced in Hungary over the last few years – the National Agricultural Chamber (NAK) told...
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Variations on experience
Bob Ingram, the editor of Progressive Grocer collected some of the best ideas from the USA for a better shopper experience. One of these is the latest service offered by...
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9 tips for more attractive stores
Ron Lutz, executive vice president of retail experience company Miller Zell collected those methods in an article for Retail Customer Experience that can make stores more spectacular for shoppers. His...
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Podcast series continues
Retail Decoded, a podcast series by the international association Shop! now already has four episodes. In the latest episode experts share their thoughts on store design and fitting. You can...
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Surfing on the sea of milk
By July the production price of milk had dropped nearly 10 percent, but August brought a 2-percent increase. According to the Agricultural Economics Research Institute (AKI), milk’s export price was...
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New Book of Excellent Wines
The latest edition of the Book of Excellent Wines was published in October. It was six years ago that the National Wine Excellence Programme started, and by now it has...
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Who is the data protection official?
The General Data Protection Regulation (GDPR) of the European Union affects all businesses, including hotels and restaurants as they also manage personal data. By 25 May every company prepared for...
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Record number of Hungarians feel their jobs are stable
According to a joint survey conducted by BNP Paribas Cardif Insurance and Medián in May, more Hungarians than ever before, 71 percent are optimistic about the stability of their jobs....
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Nielsen: Two-digit growth in condom sales
Value sales of condom jumped 10 percent between August 2017 and July 2018 if compared with the base period one year earlier. This performance represented a value of HUF 3.5...
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It is now official: the baking industry sells the most important baked goods for less than the production cost
The Agricultural Economics Research Institute (AKI) had analysed the production cost and profitability of the most important baked goods and they found: the price retailers pay to bakers for certain...
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Nielsen: notable change in the market of air fresheners
Air freshener value sales augmented by 11 percent in the June 2017-May 2018 period and amounted to more than HUF 10 billion. In the same period like-for-like volume sales grew...
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