Market News
When it comes to buying pet food and kitchen towel, Hungarian consumers purchase private label products
n 2017 the market share of private label groceries was up 1 percentage point in Hungary: they had a nearly 29-percent share from the more than HUF 1,700-billion total value....
Read more
Slaughter pig’s price continued to decrease
According to data from the Central Statistical Office (KSH), in January 2018 agricultural production prices were 2.1 percent higher than in the same period of 2017. This rise was the...
Read more
Good start of the year in retail trade
In January 2018 like-for-like retail volume sales augmented by 7.5 percent; adjusted for calendar effects, the sales growth was the same – reported the Central Statistical Office (KSH). Food and...
Read more
Prices were up 1.9 percent in February
In February 2018 consumer prices were 1.9 percent higher on average than a year before. In comparison with February 2017, food prices increased by 3.9 percent. Egg’s price soared by...
Read more
(HU) KÖSZÖNTJÜK AZ ÉV TERMÉKE DÍJ 2018 NYERTESEIT!
Sorry, this entry is only available in HU....
Read more
Value and Quality Grand Prix: a new trademark in the field of high-quality goods and services
This year, for the first time, the Value and Quality Grand Prix competition was announced in 47 main categories, representing the outstanding quality, based on the Hungarian Product Grand Prize...
Read more
KSH: exports in January reached a double-digit growth again
In January, the value of exports in euros was 10.1 percent higher, while the value of imports was 9.3 percent higher than in the year before, while the foreign trade...
Read moreAnalysts expected higher inflation
Analysts interviewed by MTI expect slow fluctuation rise in prices, due to the lower than expected February inflation and a drop in core inflation. According to a statement issued on...
Read moreThis year will be the year of Kékfrankos
The Ministry of Agriculture (FM) declared this year as the year of Kékfrankos (Gamay) – the head of the ministry announced on Friday in Budapest at the closing event of...
Read more
Nébih found a pest in another foreign potato consignment
The National Food Chain Safety Office (Nébih) found a pest in another foreign potato consignment. The 11.5 tonnes of infected consignments came from Romania and Austria, the agency published on...
Read more
Magazine: Shape and content
The Easter of 2017 was a successful season for chocolate figure manufacturers and sellers. It helped a lot that last year Easter was in mid-April, and growing purchasing power fell in...
Read more
NMHH research: we see hundreds of product placements a day
On average, hundreds of product placements can be seen on TV every day on the national trade channels, according to a survey of the National Media and Communications Authority (NMHH)...
Read moreKSH: prices increased by 1.9 percent in February
In February, consumer prices were on average 1.9 percent higher than in the previous year and 0.2 percent higher than in January – the Central Statistical Office (KSH) reported on...
Read more
The impact of female managers on the Hungarian economy is significant, according to a survey
In Hungary, female managers have a significant impact on the country’s economy in a regional comparisison – according to the survey of Bisnode Hungary published on Wednesday. The business information...
Read moreThe deadline of the application for a plantation investment projects has been extended
The Prime Minister’s Office’s Communication on Wednesday, justified the modification of the deadline with an IT system problem. Instead of 8 March one can apply for irrigation support until 14...
Read more
Magazine: TOP 10 shopper trends in 2018
Euromonitor International has collected those factors that will have the biggest influence on the world’s shopping habits in 2018. The main characteristic of ‘clean-living’ shoppers is that they are trying to...
Read more
Nielsen: Hungarian retail trade turnover is in the forefront in Europe
In the last quarter of 2017, the retail trade in Hungary grew by 8.2 percent, compared with the same period of the previous year, in the Nielsen-measured food and chemical...
Read moreAnalysts: economic growth structure can continue to improve this year
Market analysts expect the continuation of last year’s ongoing processes in the light of the detailed GDP data published on Tuesday. Consumption and investment growth will continue to be the...
Read more
The Agricultural Chamber launches a campaign to increase beef consumption
The National Chamber of Agriculture (NAK) is launching a campaign to bring the Hungarian beef consumption closer to the EU average – the chairman of the public body said at...
Read more
The CAP with strong financial resources can ensure the viability of farmers
The enlarged meeting of the Agrarian Chambers of the Visegrad Four countries focused again on the Common Agricultural Policy (CAP) after 2020. The leaders of the organizations emphasized that only...
Read more
The digital agricultural strategy can bring ten billions
The professional draft of the digital agricultural strategy of Hungary was completed – agrarszektor.hu wrote. The document can be submitted to the government in the spring, and the amount of...
Read moreTwenty thousand hectares of vineyards have been renewed since 2010
Since 2010, 20 thousand hectares of vineyards have been renewed in Hungary, with a growing area of 1500-2000 hectares. The area actually planted is 80 thousand hectares, Fazekas Sándor Minister...
Read more
The KSH has started an annual survey on the living conditions of households
The Central Statistical Office (KSH) measures households’ budget and living conditions in approximately 10,000 households between 1 March 2018 and 10 May 2018, the agency announced on Tuesday. According to...
Read moreEY: the Hungarian buying-in market closed a successful year last year
According to the survey of EY, the estimated size of the Hungarian acquisition market exceeded 4 billion USD last year with an annual growth of 150 percent, which is the...
Read more
The Hungarian Post expects 20 percent more packages this Easter compared to last year
Hungarian Post (Magyar Posta) expects an average 20 percent more packages this Easter compared to last year. The Hungarian Post delivered 40 million units in 2017, the company told MTI....
Read moreFAO: New tools for reporting on world’s forest resources launched
FAO has launched today a new online platform for reporting on the status and trends of the world’s forest resources. The platform enables countries to increase the efficiency of their...
Read moreThe economy grew by four percent last year
Hungary’s gross domestic product (GDP) increased by 4.0 percent in 2017 after the 2.2 percent of the previous year. The calendar-effect adjusted data doubled from 2.1 percent to 4.2 percent....
Read more
The Product of the Year awards were handed over
This year, the Product of the Year awards were handed over for the seventh time on Monday. The Hungarian consumers have evaluated the products in 21 categories – Vágvölgyi Mihály,...
Read moreAnalysts: the rise in retail sales is higher than expected
The pace of retail turnover in January exceeded the expectations. The increase of real wages and the demand for durable consumer goods generate strong growth this year, which could only...
Read more
MNB: a bankrendszer több mint kétszeresen teljesítette kkv-hitelezési vállalását
Az MNB piaci hitelprogramjában részt vevő bankok 2017-re vállalták, hogy közel 230 milliárd forinttal növelik kkv-hitelezésüket, a vállalását minden bank teljesítette, ennek eredményeként szektorszinten az egy évvel korábbit is meghaladó,...
Read more
