Market News
Nielsen: consumer confidence is on ten-year peak
The confidence index of Hungarian consumers in the third quarter of 2017 broke records again. It has become 76 points, 5 points more than the pre-crisis peak value of 71-points....
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CIB: the population will spend 8 percent more this Christmas than in last year
Compared to last year, the Hungarian population will spend about 8 percent more, on average 42 900 HUF for Christmas and three quarters of them will cover the costs of...
Read moreThis year, Kopint-Tárki is expecting a 3.9 percent increase next year, 4 percent
The Kopint-Tárki Prosperity Research Institute has not changed its main forecasts, this year GDP will continue to grow by 3.9 percent and 4 percent next year, while the inflation is...
Read moreEU court: there is no justification for the European Commission’s support withdrawal for Hungarian farmers
In its decision on Thursday, the Court of Justice of the European Union partially annulled the European Commission’s decision to reduce the amount of the support of the Hungarian farmers....
Read moreMore than 10 tons of inadequate quality honey were found by Nébih’s specialists
In two tests, more than 10 tonnes of inadequate honey were found by the experts of the National Food Chain Safety Office (Nébih) – the authority told MTI on Thursday....
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NGM: the number of new jobs has increased by 750,000 over the past six years
Over the last six years, the number of new jobs has increased by about 750,000, so there is a great need for skilled workers – Pölöskei Gáborné, Deputy Minister of...
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The kebab has escaped
At the plenary session of the European Parliament in Strasbourg, MEPs did not vote the proposed ban on phosphate. According to Deutsche Welle, the vote needed an absolute majority of...
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The number of small farmers has tripled since 2010
More and more small markets can be found in the country, while the number of small producers have tripled since 2010, and their number is now over 17,000 – the...
Read moreGKI: Growth in consumption can accelerate the economy next year
The Hungarian economy is on the track indicated in September 2017. Economic growth will accelerate as a result of the start of EU subsidies and the accelerated consumption growth triggered...
Read moreIrrigation water demand survey was launched by the National Chamber of Agriculture
The National Chamber of Agriculture (NAK) has launched an irrigation water demand survey as part of the development of the irrigation development strategy. After 2014, the public body will again...
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The EP voted beside a simpler agricultural policy
At the plenary session of the European Parliament in Strasbourg, measures were adopted to simplify agricultural policy and to strengthen bargaining power for farmers in the supermarkets. According to the...
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MNB: new security measures do not affect the comfort of electronic payments
The new security rules, which provide double security, do not affect the speed and convenience of everyday electronic payments – Binder István, supervisor of the National Bank of Hungary (MNB)...
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Six billion forints support for canteen development
More than three hundred applicants received a total of six billion forints support for canteen development – the Minister of State of the Ministry of Human Resources told M1 news...
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The International Chimey Cake Council has turned to Austria for the European protection of the chimey cake
The International Chimey Cake Council has turned to the competent office of the Austrian government in case of the chimney cake’s indication as a specialty product in the European Union....
Read moreCigarettes were found in rail freight cargoes
The finance guards found cigarettes in containers containing iron ore – the National Tax and Customs Office (NAV) told MTI. According to the statement, in recent weeks, cigarettes were found...
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Animal protection is in a difficult situation: hundreds expect the winter without cover
More than 100 000 dogs are wandering today in Hungary, and around 15,000 live in animal shelters and hundreds of dogs have no doghouses in the shelters. Cofidis Hungary and...
Read moreThe law aimed at improving the competitiveness of agriculture has been announced
The amendments to the Act initiated by Győrffy Balázs, President of the National Chamber of Agriculture, have been announced. The most common amendments to the Acts were published in the...
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There will be enough fish for the year-end feasts
There will be enough Hungarian fish for the year-end holidays, and in addition to the balanced domestic supply, significant quantities will be exported – Lévai Ferenc, spokesman of the Hungarian...
Read moreWine market panorama before the holidays
The annual turnover from wine sales amounts to 7.5 billion forints, which comes from the sales of 9.5 million bottles – SPAR told Világgazdaság. 20 percent of the sales are...
Read moreNébih: care should be taken when purchasing products and medicines online
In the case of veterinary medicines and pesticides, care must be taken when purchasing the product on the Internet. In any case, it should be noted that the product has...
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The installation of the automatic monitoring units into the food vending machines will delay
The installation of the automatic monitoring units into the food vending machines has been scheduled and ongoing, The deadline for the end of November had to be extended – magyarhirlap.hu...
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The most beautiful Christmas market in Europe was chosen
The European Best Destinations travel agency also assessed this year on the basis of traveler’s reviews, which is the most beautiful Christmas market in Europe. According to tourists, the Croatians...
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Magazine: Cocoa brown shades
Traditional cocoa powder sales jump before Easter and in the Christmas period, because these are the times when people bake a lot. Instant cocoa powder sales show less seasonality, although in...
Read moreKSH: agriculture closed an average year in 2017
Compared to last year’s record high yields, the output of Hungarian agricultural decreased by 6.1 percent. The performance of plant production decreased by 8.6 percent and livestock production by 3.2...
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20 percent increase in egg prices contributed to the November inflation
Last month, mainly due to rising fuel prices and egg prices, the annual rate of inflation increased to 2.5 percent, Várhegyi Judit, head of department of the Hungarian National Bank...
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MFB is launching a new loan product for micro, small and medium-sized enterprises
The MFB wants to reach such market areas that the commercial banking system can not or does not want to cover. The Hungarian Development Bank (MFB) launches a new loan...
Read moreFM: the sources of CAP should support the farmers
According to Gulyás Andrea, Minister of State of the Ministry of Agriculture, the European Union’s Common Agricultural Policy (CAP) after 2020 should support the farmers. According to the Ministry’s announcement...
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The delivery of packages is well under way
According to the information, the Black Friday and the previous discounts at the end of November have increased the traffic of packages. In the 3 weeks since 20 November, 1...
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Magazine: Training and development are the foundation on which the dairy sector rests
The Hungarian Chamber of Agriculture (NAK) organised a series of conferences this autumn, titled ‘Milk Processing’. Hungary’s milk processing sector is struggling with problems because it is lagging behind competitors in...
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The busiest time of the year starts in the stores
The two weeks before Christmas are the busiest time of the year in the shops. The National Trade Association (OKSZ) estimates that this year around 100 billion forints will be...
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