Market News
Smart hairbrush and UV patch
At the Viva Technology conference in Paris La Roche-Posay have introduced their latest innovation, called My UV Patch, a sensor that is put on the skin and monitors UVA and...
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Magazine: Pork and cheese prices increased the most in one year
In July 2017 consumer prices were 2.1 higher on average than in July 2016. Food prices grew by 3.3 percent – pork cost 12.7 percent more and we had to...
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So far, the Nébih has issued a report on fipronil-free production in case of 15 egg companies
The National Food Chain Safety Office (Nébih) has begun issuing test reports for egg market companies who have stated that they do not use fipronil based insecticides or ingredients containing...
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K&H: it is time to modernize fruit plantations
The changes in the price of agricultural products for cereals and animal products did not surprise, but there is a very serious change in fruit and vegetables, which draws attention...
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KSH: the employment rate of the 15-64 age group improved to 67.6 percent in the first half of the year
The employment rate of the 15-64 age group improved in the first half of this year, up by 1.9 percentage points reaching 67.6 percent, compared to the same period of...
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The pace of wage growth in the euro zone accelerated to a two years peak
Personnel costs rose further in the European Union and in the euro area in the second quarter. In the euro area, the pace of wage growth accelerated to a two...
Read moreUS retail sales declined in August
Contrary to the expectations of the analysts, who forecasted a modest growth, US retail sales declined in August. The US Department of Commerce announced on Friday that seasonally adjusted retail...
Read moreFAO: Global cereal output heading for a new record, lifting consumption and stocks
Global food prices dipped in August, mainly as the prospect of bumper cereal harvests pushed up expectations for larger grain inventories. The FAO Food Price Index declined 1.3 percent from...
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Home delivery and collection points are becoming more popular
As online retail is getting more popular, logistics service providers need to satisfy new needs. GKI Digital and Árukereső.hu’s Online Retail Index survey has pointed out that last year 69...
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The world of augmented reality
2017 is likely to be an interesting year for both retail trade and IT: online shops are appearing in the physical space and they stun customers with high-tech solutions. In...
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Agricultural purchasing prices increased by three percent
In July, the price of plant products decreased by 1.4 percent, while the price of livestock products grew by 10.6 percent, thus agricultural producer prices rose 3.0 percent over the...
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Agricultural Chamber: almost all agricultural enterprises receive development support
91 percent of the businesses in the agricultural sector can get some kind of development support – stressed Éder Tamás, evaluating the results of the National Chamber of Agriculture (NAK)...
Read moreTransportation and warehousing revenue grew by seven percent
In the second quarter, the businesses of the transportation and storage branch reached 1241 billion HUF turnover, 7.1 percent more than a year before, according to preliminary data published in...
Read moreThe company acquisition market expanded in the first half of the year
The Hungarian market for corporate acquisitions and mergers reached nearly 980 million USD in the first half of the year, which is a 12 percent increase over the same period...
Read moreGood quality grape production is expected in the Eger and Mátra wine regions
In both wine regions of Heves County, the Eger and the Mátra wine regions, the vintage began earlier than usual, and farmers can expect a good quality grape harvest –...
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The Pöttyös fans can bring back a previous flavor
Among the domestic brands that have a classic brand site, the Pöttyös was the first that was able to reach the 1 million fans on its official Facebook page. They...
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More than sixty kilos of waterpipe tobacco was found at a Finnish man in Röszke
A Finnish man tried to smuggle sixty-three kilograms of waterpipe tobacco to Hungary in Röszke – the National Tax and Customs Office (NAV) informed MTI on Thursday. Némedi-Varga Éva, press...
Read moreMagazine: An overview of the Eger wine region
Egri Bikavér, the emblematic wine of Hungary’s second best known wine region has been named a Hungaricum product recently. On this occasion our magazine interviewed some of the most important...
Read moreThe food industry can develop from three hundred billion HUF EU sources
Three hundred billion HUF European Union funds will be available to the food industry in the next two or three years, says Éder Tamás, Vice President of the National Chamber...
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A grant of 300 million forints is available for the renewal of closed gardens
This year, for the third time, the Ministry of Agriculture (FM) has announced a closed garden revitalization program. The sample program of 34 municipalities can be implemented with a grant...
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The sowing area of rapeseed may be similar to last year’s
Rapeseed can be harvested in the country on 250-260 thousand hectares this year, which represents the same amount of crops as in 2016 – agrarszektor.hu wrote. Compared to last year,...
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The number of employed people in the EU and in the euro area broke a record again
The number of employees in the European Union and the euro area rose to a new record in April-June for the second consecutive quarter. According to a report released on...
Read moreLife in Germany is more expensive
Inflation further accelerated in August, according to the final data published by the Federal Statistical Office (Destatis) on Wednesday. The data correponds to the forecasts. In August, consumer prices were...
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GKI’s economic sentiment index remained close to its peak in August
GKI’s economic sentiment index reached its historic peak in July. It decreased slightly in August, within the statistical margin of error. According to the empirical survey conducted by GKI with...
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Tell us a story!
Consumers born before the year 2000 are more and more interested in the story behind a good wine. A good story and stylish bottle labels can boost wine sales. For...
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Baker Association: the baking industry is in a bad position
The bakery industry is urging the establishment of a support system similar to other food sectors, such as baking companies, after the sector’s reserves are depleted, the majority of businesses...
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Two million tons of vegetable production is expected
This year’s vegetable production is expected to be two million tonnes, which is 5-10 percent more than last year. Dessert corn can break records – agrarszektor.hu wrote. The volume of...
Read moreThe beekeepers may receive tax exemption
The draft report made by Erdős Norbert, Member of the European Parliament proposes tax exemption in all Member States for the beekeepers – agrarszektor.hu wrote. According to the findings of...
Read moreEquilor: 3.7 percent growth and 2.4 percent inflation is expected for this year
According to the analysts of the Equilor Befektetési Zrt. (Equilor Investment Ltd.) this year, 3.7 percent economic growth and 2.4 percent inflation are expected in Hungary, Szántó András, director of...
Read moreThe MAGOSZ appoints Győrffy Balázs as the head of the agrarian chamber again
The Hungarian Association of Hungarian Farmers and Cooperatives (MAGOSZ) has submitted a list of candidates to the National Chamber of Agriculture (NAK) in November, whereby Györffy Balázs is again nominated...
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