Market News
More than half of the e-tolls are paid by foreign road users
The revenue from the electronic toll system incresed by almost 12 percent last year, compared to the year before, exceeding gross 221 billion forints, of which more than 51 percent...
Read moreSavings group: the pre-financing of the EU agricultural subsidies is popular
The interest in the pre-financing of the EU investment funds among the Hungarian agricultural enterprises is even greater than expected. Within only two months – until mid-March – more than...
Read moreKSH: retail turnover grew more than it was previously indicated
In February, retail sales volume grew by 6.6 percent, compared to the same period of the previous year, according to the raw and calendar effect adjusted data – the Central...
Read more
The NAK’s position is also valid in the European Commission’s new directive proposal
The European Union has announced a new regulatory proposal aimed at improving the role and conditions of competition for farmers and small and medium-sized enterprises in the food supply chain....
Read moreThere will be eleven billion people on earth by 2100
The UN estimates that the world’s population will grow from the current 7.4 billion to 11.2 billion in the next 80 years – portfolio.hu wrote, on the basis of the...
Read moreRaiffeisen: economic growth is on peak
The Hungarian economic growth is on top. The first-quarter GDP growth could be around 5 percent – Török Zoltán, senior analyst of Raiffeisen Bank said on Monday in Budapest at...
Read more
FruitVeB: producers can harvest more greenhouse vegetables this year
This year, producers will harvest more greenhouse vegetables this year from smaller production areas – according to the President of the Hungarian Vegetable and Fruit Interprofessional Organization and Product Council...
Read more
Financial Times: the Eu would transfer tens of billions of euros from Eastern Europe to the southern member states
The European Union would transfer tens of billions of euros from the Central and Eastern European member states to the severely troubled southern Member States, including Spain and Greece, in...
Read moreNőtt a szolgáltatásokkal szembeni panaszok száma az első negyedévben egy felmérés szerint
Nőtt a szolgáltatásokkal szemben megfogalmazott kifogások száma, és gyengült a kereskedők iránti bizalom az idei első negyedévben a korábbi negyedévekhez képest a CP Contact fogyasztóvédelmi tanácsadó adatai szerint. A tanácsadó...
Read moreNébih detected African swine fever in a wild boar
The virus of African swine fever (ASF) was detected in a wild boar by the Laboratory of the National Food Chain Safety Office (Nébih) on Saturday. The infected carcass was...
Read more
NGM: more than 10 percent wage growth is realistic for this year
A more than 10 percent wage growth is realistic in the Hungarian economy for this year – Banai Péter Benő, Minister of State of the Ministry of National Economy (NGM)...
Read more
KSH: the number of employees grew by 70,000 in one year
From December 2017 to February 2018, the average number of employees was 4 million 441 thousand, 70 thousand more than a year before, the Central Statistical Office (KSH) reported on...
Read more
The euro area economy has continued to grow
Although the growth rate of the manufacturing industry fell to 14-month lows, thanks to the improvement in service industry employment, the composite purchasing manager index in the euro area was...
Read more
Agrosol’s solution can protect from bird flu
Bird flu caused 20 billion HUF losses last year, the disease control measures continue to exist, but a new solution will help to prevent from damages. According to the Poultry...
Read more
Magazine: Chocolate bars for every occasion
Chocolate bars constitute a stable pillar of the chocolate product market, which has been one of the most dynamically developing categories recently. According to Gábor Mayer, managing director of Mondelez Hungária...
Read moreGKI’s economic sentiment index remains close to its peak
In April, GKI’s economic sentiment index remained slightly lower than its historic peak in February. According to the empirical survey conducted by GKI with the support of the EU, expectations...
Read more
The Japanese market will be duty-free for Europe
Japan is the world’s largest importer of pork, and the Americans have a strong interest in its market. Thanks to the now-finalized Economic Partnership Agreement, Europe can finally overtake its...
Read moreThe old vine from Maribor to be planted in Szekszárd
The oldest known vine of the world will be planted in Szekszárd in the courtyard of the Roman Catholic parish on Sunday. The vine was donated by the president of...
Read more
Euro area’s economic mood dropped significantly
The German and Eurozone economic confidence index of the ZEW Institute for Economic Research dropped to a one and a half year low in March, keeping in mind the potential...
Read moreTrump would increase cutting speed at the American slaughterhouses
In his latest proposal, Donald Trump, US President would drastically increase cutting speed at the U.S. slaughterhouses – agrarszektor.hu wrote. The change would, in some respects, favor the meat and...
Read moreIt would be a disaster for the British food industry to miss the trade agreement
It would have “catastrophic” consequences for the British food industry if Britain would quit the European Union next year without a trade agreement – according to the comprehensive study of...
Read moreHungary is a net importer of pigs
The AKI has published its meat market report, which revealed that Hungary is a net importer of live pigs and pigmeat – agrarszektor.hu wrote. The slaughterhouse of Csányi Sándor, which...
Read moreYoung people spent more on food
Most of the young people spend more than they did in 2017 and will continue to increase their spendings in the future – Világgazdaság Online wrote on the basis of...
Read moreChanges in Germany also affect the Hungarian pig prices
The Hungarian pork prices entirely follow the German prices. Now some processes have begun in Germany that will have a significant impact on price developments – agrarszektor.hu wrote. The big...
Read moreAgricultural subsidies should be used to increase our competitiveness
By adjusting the rules on land use, the government has made a huge step towards the establishment of an agri-business structure that is in line with its goals. Last year,...
Read more
Falling milk prices can be expected this year
The EU milk market is expected to drop this year according to an analysis by the Agricultural Directorate of the Takarék Group – agrarszektor.hu wrote. Consumption and processing on the...
Read moreThe beekeepers can expect less rape honey this year
The beekeepers expect less rape honey this year, because the cold weather in March caused a delay in the generation change in bees – the Jász-Nagykun-Szolnok County advisor of the...
Read more
MKIK proposes five percent VAT on flour and bread
The comprehensive economic policy proposal of the Hungarian Chamber of Commerce and Industry (MKIK) has been prepared for the government – Parragh László confirmed to mfor.hu. The president of the...
Read more
The fruit gene bank in Érd opens its gates
The fruit gene bank of the National Agricultural Research and Innovation Center’s (NAIK) Fruit Production Research Institute opens its gates – NAIK’s Director-General announced on Wednesday. Gyuricza Csaba in the...
Read moreBeer production declined in the Czech Republic last year
After five years of growth, beer production in the Czech Republic decreased by 0.7 percent to 20.32 million hectolitons last year – the Czech beer producer association announced in Prague...
Read more
