Market News
Euro area inflation increased by 1.4 percent in March
Euro area inflation increased by 1.4 percent in March from the 14-month nadir of February in line with the expectations – according to Eurostat’s report published on Wednesday In line...
Read moreThe shortage of the Romanian foreign trade balance increased significantly
In the first two months of this year, the deficit of the Romanian foreign balance increased by 31 percent to 1,657 billion euros – the Romanian National Statistical Institute announced...
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Major drop in egg’s price
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that 80 percent of Hungary’s agri-food import came from 10 EU countries; our five most...
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Magazine: Egg import helped
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that in the European Union the price of egg at the place of packaging...
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Pampering special products
In the hair dye category Henkel’s innovation this year is Schwarzkopf#PureColor. Dóra Domján, junior brand manager of Henkel Magyarország Kft. told our magazine that one of the most important consumer expectations in...
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Important supplements
According to the experts of SCITEC Magyarország, sales of special active ingredients and mono-component products (vitamin D3, vitamin K2, zinc, chromium, etc.) are greatly influenced by shopper knowledge – consumers...
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Many opportunities in the sugar- and carbohydrate-free product sector
Demand is on the rise for ‘free-from’ products in Hungary too. Not only those consumers show interest in these products who have a health reason to do so, but also consumers...
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Lactose-free foods: in the shadow of dairy products
The market of lactose-free dairy products has been growing in recent years. Sándor Szentesi, sales director of Sole-Mizo Zrt. informed us that the company has created a lactose-free dairy product selection that...
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The crossed grain has become a symbol of quality
People suffering from gluten intolerance don’t have to quit eating tasty food any more, as there are many ingredients and special products available to them. According to Roland Kanyó, marketing and...
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KSH: exports increased more than imports in February
In February, the value of exports in euro increased by 5.0, the value of imports in euro increased by 4.5 percent, compared to the same period of the previous year....
Read moreAnalysts: the strong international environment pulls the export
In the first half of the year, the strong international and European environments may continue to pull the export – macroeconomic analysts told MTI, who, however, expects a slightly lower...
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Nébih: the validation deadline for truffle collection logs is approaching
The validation deadline for truffle collection logs is approaching. The collection logs issued before 2018 must be submitted to the National Food Chain Security Office (Nébih) by 30 April –...
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More than fifty-three thousand people receive durable food packages
Nationwide 53,500 elderly people and people with disabilities receive permanent food packages – the Minister of State of the Ministry of Human Resources said at the opening ceremony of the...
Read moreNew ban list in agri-environmental management
Spring begins, plants must be protected against fungus and insect pests. Those who have been granted a five-year subsidy for agri-environmental management should look at the modified list of banned...
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The new 10-Swiss franc note is the most beautiful banknote in the world
Switzerland’s distinctive 10-franc note has been selected by the International Bank Note Society (IBNS) for the most beautiful banknote of 2017. The organization selected the winner from over 170 new...
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The second-hand clothes market is rearranged
Demand fell sharply in some segments of the domestic used clothing market, although stores have been growing as mushrooms a few years ago – Világgazdaság Online wrote. However, traders in...
Read moreEC: the limitation of the retail margin of certain products is illegal
In the framework of an infringement procedure, the European Commission (EC) has repeatedly called on Hungary to abolish the restriction on the retail margin of agricultural and food products. In...
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Breed your own pig! – Virtual breeding, real-life pig slaughter
In Cégénydányád anyone can breed their own pig virtually: those who take part in Szatmár Farm Cooperative’s program can follow the breeding process of the pig they have bought online,...
Read moreThe new veterinarian decision against African swine fever was published
The National Chief Veterinary Officer compiled the protection tasks on the control of African swine fever (ASP) in a unified structure, supplemented with new measures – the Ministry of Agriculture...
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Magazine: Butter: things are alright
We don’t know how the butter market would have performed last year if product prices didn’t increase sharply. Even in these conditions Sole-Mizo Zrt. sold 5 percent more butter and butter spread...
Read moreAnalysts: strong increase in retail this year
Growth in retail sales in February was somewhat behind the analysts’ expectations, but despite the slowdown in January, this year started strong – analysts commented the latest data of KSH...
Read moreNGM: several factors are influencing the growth of consumption
In addition to the increase in the number of employees and real wages, the VAT cuts on individual product groups also have an impact on the increase in consumption –...
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FruitVeB: the spring frost hit apricot the most
The spring frost has been damaging the apricot to the greatest extent, and it is estimated that due to the significant sprout damages, only relatively weak yields of between 10...
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Free wifi makes the Hungarian smartphone user happy
More than half of the Hungarians would receive ads on their devices in exchange for high quality, free wifi services, according to a survey of PushAir. More than half of...
Read moreA local products warehouse to set up in Cserdi, Baranya county
The local government will set up a local products warehouse, cold storehouse and packing logistics center in Cserdi from 250 million HUF EU funds – was said at the opening...
Read moreTen percent more companies were founded in the first quarter
In the first quarter, 7,127 new companies were set up, which is 10 percent more than in the same period of last year and five percent more than in the...
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Oil seed processing plant was opened in Göncruszka
Hungary’s power lies in rural existence – Balog Zoltán, Minister of Human Resources said on Thursday in Göncruszka, Borsod-Abaúj-Zemplén county on Thursday, at the handing over ceremony of the oil...
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Compared to its peak, GKI’s economic sentiment index fell slightly in March
After its historic peak in February, the GKI’s economic sentiment index fell slightly in March. According to the empirical survey conducted by GKI with the support of the EU, expectations...
Read moreRomanian retail sales increased
The volume of Romanian retail sales grew by 8.3 percent in the first two months of this year, compared to the same period of last year – the Romanian National...
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