Market News
The Sziget won a European festival prize again
The Sziget was recognized internationally again: the organizers received the Line-Up of the Year award at the Eurosonic festival in Groningen, Netherlands on Wednesday. It is a surprise for us...
Read moreChina is building giant animal farms
Big pig farms are planned to be set up in China – agrarszektor.hu wrote. The development ideas fit the plans of the Chinese government for the agricultural development of the...
Read moreThe NGM and the MNB are expecting a GDP growth of around 4 percent in 2017
The Ministry of National Economy (NGM) and the National Bank of Hungary (MNB) expect a GDP growth of around 4 percent in 2017. At the Central and Eastern European Forum...
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The price of fish decreased in the vast majority of shops, due to the VAT reduction
In the vast majority of shops, fish prices decreased by 10 to 15 percent due to VAT cuts – the Managing Director of the Hungarian Aquaculture and Fisheries Interbranch Organization...
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Early Easter brings more expensive lamb
Because of the early Easter, sheep farmers are expecting a strong demand and price increases in foreign markets – Magyar Idők wrote. Although there are still a long two months...
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Heppenheimer is the top egg
This year, the Heppenheimer Egg was awarded with the Gold Ribbon Quality Certification. The trademark indicates the exceptional quality and flavor, and the goal is that the product awarded with...
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The postal and courier fees are getting more expensive
In the third quarter, the price of postal and courier services in Hungary increased by rocket speed. In the first two quarters of the year, this sector also produced the...
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The Lactalis baby milk powders will be withdrawn in Hungary
The baby milk powder made in the Craon plant of the French company Lactalis will be withdrawn in Hungary – the National Food Chain Safety Office (Nébih) announced on its...
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Szállás.hu: record-breaking growth last year in the tourism market
Domestic tourism ended with growth record last year, rising by 15 percent in 2017. 70 percent of guest nights were for 1-2 days – according to the comprehensive annual analysis...
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The National Chamber of Agriculture has successfully closed last year
The National Chamber of Agriculture (NAK) has successfully closed last year, and many of the measures to ease the economy have been created at the initiative of NAK – the...
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The Jéger may bring significant savings
It is good news for the farmers that the ice-hunting system, the Jéger will be launched nationwide at the beginning of May. The system is currently under development – Magyar...
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The National Machine Financing Program of the MFB is launched
The National Machine Financing program of the Hungarian Development Bank (Magyar Fejlesztési Bank) was launched. The framework of the loan and lease programs with a preferential interest rate is 80...
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Eurozone and EU inflation accelerated in November
In line with the expectations in November, the annual increase in consumer prices in the euro area was 1.5 percentage points higher than the preliminary data and 0.1 percentage points...
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There are new opportunities to preserve soil moisture
There are several processes and preparations that are able to preserve soil moisture, so farmers can cultivate crops where there is no possibility to irrigate – Fazekas Sándor, Minister of...
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The European Parliament proposes to ban electric fishing
The European Parliament (EP) in its plenary meeting in Strasbourg called for a ban on electric fishing in Europe on Tuesday. When electric fishing, electric wires are hung into the...
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The growth of agricultural producer prices has accelerated
In November last year, agricultural producer prices increased by 7.7 percent, compared to the same month of the previous year. The price of herbal products increased by 8.6, while the...
Read moreHungarians are banking online below average
More than half of Europe’s adult population (51 percent) have used netbanks in 2017. Since 2007, this ratio has doubled – portfolio.hu quoted Eurostat’s data. There are places where 90...
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FM Minister of State: EU agricultural subsidies after 2020 will be decided in May
EU state and government leaders will decide on the EU’s after 2020 budget and on the amount of resources allocated to the Common Agricultural Policy (CAP) in May – Czerván...
Read moreWhimsical weather may kill bees
Contrary to belief, bees do not sleep in winter. Consuming honey in the hive, clumped in clusters, they pass through the coldest season. The mild weather of recent weeks has...
Read moreThe greatest need is towards workers and shopkeepers
In the last months of 2017, 17.4 percent more new ads were posted in Hungary’s leading jobs portal, than a year ago in the same period – mfor.hu wrote, after...
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Salmonella baby milk powder: Hungary is not affected
Hungary is not affected by the EU scandal for salmonella baby milk powder. The National Food Chain Safety Office (Nébih), however, monitors the international news. No information has been received...
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The chicken debate continues between the EU and the US
There is still a serious controversy between the United States of America (USA) and the European Union (EU). According to EU accusations, US companies supply chlorinated chicken meat to the...
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An unhealthy diet makes the immune system more aggressive in the long run
The immune system responds similarly to a high fat, sugar and calorie diet as to bacterial infections, and the body’s defensive system becomes proactive in the long run – according...
Read moreKSH: Consumer prices increased by 2.4 percent last year
Consumer prices rose by 2.4 percent on average in 2017, compared with the previous year and in December consumer prices were 2.1 percent higher than in the previous year –...
Read moreSzázadvég: consumption and investment increased imports
Growing consumption and expanding investments have boosted imports – Regős Gábor, economist of the Századvég gazdaságkutató Zrt. told M1 news channel. According to the first estimate of the Central Statistical...
Read moreSwine fever attacks again near the Hungarian-Romanian border
African swine fever has appeared again in Romania: the disease is only a few kilometers away from the Hungarian border and the Ukrainian border. The disease was detected in Mikola...
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Fire at the Aréna Shopping Center in Budapest
A sauna caught fire on Friday afternoon at the Arena Plaza in Budapest. No one was injured in the fire. Visitors could return to each floor for the evening. There...
Read moreGrowth in retail sales slowed down in the United States
In December, retail sales in the United States increased at a lower rate than in the previous month, according to a statement released by the Census Bureau on Friday. In...
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PC sales rose in the fourth quarter for the first time in six years
The sales of traditional PCs increased in the fourth quarter of last year for the first time in the past six years – according to a survey published on Friday...
Read moreFM: The annual support for Hungarian beekeepers have grown to more than 5 million euros a year
With the340,000 euros extension of the previous budget 5 million 35 thousand euros are available annually to support Hungarian beekeepers – Nagy István, Parliamentary Minister of State of the Ministry...
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