Market News
Poland would raise a fence on its eastern border due to African swine pest
The Polish government would build a fence along Poland’s eastern borders to prevent further spread of African swine pest (ASP) – Krzysztof Jurgiel Polish Minister announced at Press Conference in...
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Eurostat: half of the unemployed young people would leave their their homes if they could find jobs elsewhere
In the European Union (EU), about half of the unemployed between the ages of 20 and 34 would leave their homes if they were able to work elsewhere, while the...
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HENT: fake perfumes can be dangerous
Fake perfumes can be dangerous. They can cause serious allergic reactions and infectious diseases – the National Anti-Counterfeit Agency (HENT) warned in its statement sent to MTI on Tuesday. According...
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Magazine: I like the system!
According to Wolfgang Wallisch, member of the board of directors at BENU Magyarország, the franchise system is already widely used in Hungary. Typically the franchise system targets small businesses, but the...
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Hungarians spent 22 billion HUF on detergents
The Hungarians’ desire to clean up is growing: Between March 2017 and February 2018, we spent more than 33 billion HUF for detergents and cleaning products – according to Nielsen’s...
Read moreSzázadvég: inflation can be 2.6 percent this year
The Századvég foundation predicts that inflation will be 2.6 percent this year – Regős Gábor, the analyst of the foundation told M1 news channel on Saturday. The analyst said that...
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We eat less import salads
Hungary’s salad imports decreased significantly last year – Magyar Idők Online wrote. According to the data of the Central Statistical Office, last year a total of 1367 tonnes, 37 percent...
Read moreFazekas Sándor: net average earnings in agriculture increased to one and a half times higher
In the seven years since 2010, 72,000 new jobs have been created, net average earnings in agriculture increased to one and a half times higher, and the sector is on...
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Lamb exports may decrease due to the early Easter and the change in Italian demand
Lamb exports may be 10-15 percent less this year, (compared to 2017, when lamb exports amounted to 120 thousand) because the weight of the lambs were low, due to the...
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More than 1300 kilograms of products were withdrawn from the market by Nébih
More than 1,300 kilograms of products were seized and withdrawn from circulation by the National Food Chain Security Office (Nébih) during investigations in commercial units in Kállósemjén and Nagykálló. According...
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There is no threat of bluetongue disease currently
The National Food Chain Safety Office (NÉBIH) announced the seasonal vector-free season for the whole of Hungary in connection with the bluetongue disease – agrarszektor.hu wrote. Measures taken since the...
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Magazine: When buying ham, shoppers prefer branded products
In March-April 2017 combined volume sales of the ‘smoked meat’ and ‘smoked-cooked meat’ categories amounted to 3,944 tons, 6.7 percent more than in the same period of 2016 – reported...
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(HU) Márciusban a csúcshoz képest kissé csökkent a GKI konjunktúraindexe
Sorry, this entry is only available in HU....
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Manufacturers of sweets are expecting the same amount of traffic as last year
The Association of the Hungarian Confectionery Manufacturers (MÉSZ) expects a similar Easter traffic as in last year, Sánta Sándor, chairman of the association told MTI. The association referred to the...
Read moreThe Pénzügykutató Zrt. improved its growth forecast this year to 3.9 percent
The Pénzügykutató Zrt. improved its growth forecast this year to 3.9 percent from the previously predicted 3.7 percent, and the momentum, albeit with a moderating dynamics will remain in 2019,...
Read moreNGM: retail sales are growing steadily for 55 months
Retail turnover has been growing steadily for 55 months – the Deputy Minister of State of the Ministry of National Economy (NGM) told M1 news channel, commenting on the latest...
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Media Council: the channels are repeating the advertisements more often
The trend observed earlier continues. Less advertisements are repeated more often by the channels, according to a survey of the media council on new advertising spots published in the second...
Read moreA strategic agreement was signed between the Ministry of Agriculture and the Beekeepers’ Association
A strategic agreement was signed between the Ministry of Agriculture and the Beekeepers’ Association. The document on the cooperation of the further development of the sector was signed on Friday...
Read moreModern pig slaughter and processing plant from three billion HUF in Sárrétudvari
In its category it will be the most modern cutting and processing plant in Central Europe – the Minister of State responsible for Agricultural Rural Development announced at the foundation...
Read moreHungary’s original wine map is being prepared in Szerencs
The staff of the wine laboratory of Szerencsi Diagnosticum Zrt. are preparing the country’s original wine map. To the 1.7 billion HUF laboratory development and the production of the wine...
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Trademarked producers
Nearly a thousand food products, hotels and restaurants, a handicraft product have a national park trademark in Hungary – the Minister of Agriculture said in Miskolc on Saturday. Fazekas Sándor...
Read moreBureaucracy may be reduced in crop production
The National Arable Crop Production and Supply Industrial Board of the National Chamber of Agriculture (NAK) was established. Petőházi Tamás has become the chairman who is also the deputy chairman...
Read moreKSH: retail sales have increased even more than previously announced
In January, retail sales volume grew by 7.8 percent year-over-year, according to the raw and calendar effect adjusted data, according to the second estimate published by the Central Statistical Office...
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Fidelity: growing optimism in Europe
European companies are back from years of cost control and consolidation. With the winds of global growth in their sails, they are making the most of ultra-cheap funding costs, growing...
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Risky poultry import poses a food safety risk
The free-trade agreement between the European Union and the South American MERCOSUR countries could not be established until the recent Brazilian meat scandal was investigated by the authorities – Erdős...
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A municipal meat processing plant was opened in Hajdúböszörmény
A municipal meat processing plant was inaugurated in Hajdúböszörmény on Wednesday. The 268 million forints investment was supported by the Ministry of Interior under the Public Employment Program with 238...
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A program to be launced for children to reduce food waste
The National Food Chain Safety Office (Nébih) is launching a program for the kindergartens and schoolchildren for the prevention of food waste – the Minister of State responsible for Food...
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We spend three to five thousand forints per child for toys at Easter
Hungarian parents this year typically spend 3-5 thousand forints each year for toys during Easter. Usefulness, price and quality are the most important aspects. From the recent research of the...
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They are encouraging an economical approach on the World Water Day
Currently, two billion people are drinking contaminated water every day, so therefore on the occasion of the World Water Day, people are encouraged to an economical approach – Juhász Árpád,...
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KSH: the census of orchards will begin on 14 February
The Central Statistical Office (KSH) carries out a fruit plantation census between 14 and April 16 February – Tóth Péter, Adviser to the Agricultural Statistical Department of the Central Statistical...
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