Market News
Nébih: anthrax struck the sheep
The National Food Chain Safety Office (Nébih) laboratory confirmed that anthrax has caused the sudden death in a sheep’s flock at the end of March, probably the inland water could...
Read moreIllegal tobacco products were seized in Monok
Six million HUF worth of tobacco products were found by financial investigators in Monok – the Borsod-Abaúj-Zemplén County press Officer of the National Tax and Customs Office (NAV) told MTI...
Read moreChina cuts the way of American soya, too
Earlier Wednesday, China said it would levy an additional 25 percent levy on about $50 billion of U.S. imports including soybeans, automobiles, chemicals and aircraft. The move matched the scale...
Read moreKopint-Tárki is expecting a four percent increase and a 2.5 percent inflation
The Kopint-Tárki Business Climate Research Institute is anticipating its December projection and expects a 4 percent increase in GDP in 2018, its inflation projection has not changed expecting a 2.5...
Read moreA new trademark guarantees the GMO-free status of the Hungarian foods
A new trademark is introduced by the Ministry of Agriculture (FM) to distinguish Hungarian foods without genetic modification (GMOs). At a press conference held on Wednesday in Budapest, Fazekas Sándor...
Read moreA maize mill is under construction in Karcag
The Jász-föld Zrt. is building a maize mill in Karcag with a 1.5 billion forints investment – the Ministry of Agriculture (FM) told MTI on Tuesday. The announcement quotes Fazekas...
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MLBKT: March Purchasing Manager Index fell slightly but still high
The seasonally adjusted value of the Purchasing Manager Index (PMI) was 57.0 points in March; lower than the 57.2 points of February 2018 and the fourth highest March value since...
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The economic growth of the euro area economy has slowed
The economic growth of the euro area has slowed in February to four-month lows. The IHS Markit economics research institute in London announced that the aggregate purchasing manager index (PMI)...
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Magazine: In the hands of the weather
According to data from Nielsen, both value and volume sales decreased in the category of insecticides and insect repellents in 2017. Gergely Bajomi, sales manager of Bábolna Bio Kft. spoke to our magazine...
Read moreMNB: consumption, investment and exports promise a more than expected growth in 2018
Based on the data received since December’s Inflation Report, the Hungarian National Bank (MNB) expects more favorable consumption and investment processes and a slightly stronger export growth. The experts of...
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The Hungarian Product Packages to reach the families of seventy-five thousand newborn babies
The Magyar Termék Csomag (Hungarian Product Package) is the joint project of the MAGYAR TERMÉK Nonprofit Kft. and the PromoBox Kft. The project aim to reach the young families with...
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The government concluded a strategic co-operation with the diabetes organizations
The government concluded a strategic co-operation with two organizations representing people with diabetes in order to easen the lives of people with diabetes as well as to launch different trainings...
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TF: major reserves in the use of dietary supplements
According to Martos Éva, head of the Sports Nutrition Science Center at the University of Physical Education, there are still significant reserves in the field of the usage of nutrition...
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The financial expectations of large companies increased sharply
The sales revenue and profit expectations of the largest companies have increased sharply: an average of 3.2 percent higher sales revenue and 2.2 percent higher profit growth is estimated for...
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CCTV can be installed into slaughterhouses In England
According to professional opinions, there are no brutal conditions in the Hungarian slaughterhouses, so it is not planned to introduce CCTV in them – agrarszektor.hu wrote. In England, however, the...
Read moreRetail started the year well
According to the raw and calendar adjusted data, retail sales at unchanged prices increased by 7.5 percent year-on-year in January – according to the first estimate of the Central Statistical...
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February’s food basket for the cheapest shopping
The February food basket analysis of the Hipercom.Hungary blog again shows at which merchant was worthy to do the big shopping, if we compare the best promotional leaflet offers per...
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KSH’s exports rose again above 10 percent in January
Foreign trade surplus increased by 135 million euros to 698 million euros, according to the second estimate of the Hungarian Central Statistical Office (KSH). In the first estimate released on...
Read moreThe MKB Group and the Association of Agricultural Machinery Distributors signed a co-operation agreement
The MKB Bank Zrt. and the Association of Agricultural Machinery Distributors (Megfosz) signed a strategic co-operation agreement for one-year in Budapest on Wednesday. The MKB Group supports the promotion of...
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NFM: Easter hams, scones and Chocolates were tested by the Consumer Protection Authority
The National Consumer Protection Survey screened inadequate quality of Easter hams and scones – the National Development Ministry (NFM) informed on Thursday. In the Communication, it was recalled that the...
Read more76 billion forints were allocated to support young farmers
The Rural Development Program has allocated 76 billion HUF to support young farmers – Kis Miklós Zsolt, Minister of State responsible for Agriculture and Rural Development said at the Young...
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Five tons of unmarked vegetables were found by the financiers in Makó
Approximately five tons of vegetables with unknown origin were found by the financiers in a lorry in the Makó region – the National Tax and Customs Administration (NAV) informed MTI....
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The economic sentiment deteriorated in the euro area and in the EU
The economic sentiment deteriorated in the euro area and in the European Union higher than expected in March. According to the report released on Tuesday by the European Economic and...
Read moreThis year’s pork campaign continued with the “Where the Pig sector is Heading?” conference
The “Where the Pig sector is Heading?” conference is organized as a part of the Consumer Promotion Campaign by the Agricultural Marketing Center (AMC). Daróczi László, Managing Director of Agrármarketing...
Read moreThe Takarékbank raised its GDP growth forecast to 4.5 percent this year
Partly due to the projected effects and partly due to the further improving outlooks for the economy, the growth rate of the Hungarian economy may continue to accelerate this year,...
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Magazine: New segments becoming more important in the cereal product market
After the spectacular expansion of the last few years, the sales growth slowed down a little in the market of cereal products in 2017. At the same time the restructuring process...
Read moreAgriculture is a driving force of the Hungarian economy
Despite the challenges that the sector is facing, the performance of agriculture is a driving force of the Hungarian economy – Fazekas Sándor, Minister of Agriculture emphasized on Tuesday at...
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The Nébih imposed a fine of more than 7.3 million forints in the first period of the Spring Control Series
During the first period of seasonal food chain control, between 1 March and 18 March, the staff of the National Food Chain Safety Office (Nébih) visited 1958 facilities. As a...
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Hungarian enterprises are at the gateway of international export successes
On the basis of last year’s success and the feedbacks from Hungarian entrepreneurs and company executives, the Hungarian National Chamber of Commerce has organized the Masters of Business Budapest professional...
Read moreThe vineyards did not deteriorate in the March frosts
The unusual winter, with its unusually warm months and then the frosty springtime, did not cause damage to the vineyards in the Mátra and Eger wine regions, and even the...
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