Market News
Romanian milk processing plants favor Hungarian milk
The Romanian milk processing plants buy only the quarter of the milk produced in the country and almost half of the imported milk comes from Hungary – the Maszol.ro website...
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Home-made pálinka was really popular last year
The distilleries produced 8.8 million liters of fifty percent pálinka, while many have decided to produce their own pálinka at home with their own pots – Magyar Idők Online wrote....
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Cash accumulation is slowing down
Cash accumulation of the households has slowed down somewhat last year, due to the decline in savings in foreign currencies – Világgazdaság Online wrote. However, the volume and proportion of...
Read moreClientFirst Consulting: A satisfied customer spends up to two and a half times more
The ClientFirst Consulting that surveys more than 1,500 businesses and customer service points and evaluates the opinion of 6,500 customers, handed over this year’s “Excellence in Customer Service” awards –...
Read moreFM: Hungarian wheat exports to Egypt can start
Negotiations on the approval of wheat export to Egypt were successfully concluded with the Egyptian plant health authority – the Ministry of Agriculture informed MTI. The ministry said: As a...
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KSH: the online questionnaire for fruit plantation census can be filled out until Thursday
The farmers can fill out the online questionnaire for fruit plantation census of the Central Statistical Office (KSH) until Thursday – the KSH said. The Office announced on Monday that...
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Europe began year 2018 with declining inflation
In January, inflation declined on a monthly basis in the euro area and in the European Union. Eurostat announced on Friday that the annual inflation in January fell to 1.3...
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(HU) A csúcshoz képest is emelkedett a GKI konjunktúraindexe
Sorry, this entry is only available in HU....
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Eighty billion forints for agricultural machinery buying
The Hungarian Development Bank (MFB) starts a programme that finances the buying of machinery. Farmers can apply for loans with favourable interest rates from a HUF 80-billion budget. Both agricultural machinery manufacturers...
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Rural Development Programme going at full speed
Last year the Prime Minister’s Office granted HUF 690 billion worth of funding, giving a positive answer to 61,500 applications, within the framework of the Rural Development Programme. As part of...
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Wine culture stretching across borders
Wineries from Hungary and Hungarian winemakers living in neighbouring countries signed the so-called 2nd Carpathian Basin Wine Contract in Budafok. The objective of the agreement is to strengthen ties and to...
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EU gives more money for product marketing
This year the European Commission increased the budget for popularising European agri-food products all over the world to HUF 52.4 billion. About two thirds of this sum is available for promoting...
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Hungarian wines promoted in Central Europe and in the United Kingdom
Tesco popularises Hungarian wines – in cooperation with the Ministry of Foreign Affairs and Trade, the Hungarian National Trading House and Wine Concept Zrt. – in the markets of Central Europe...
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Nielsen chart of the month
Market share (in value) of the Top 10 best-selling household chemicals and cosmetics across the regions, from the 60 categories audited by Nielsen, in the December 2016 and November 2017...
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Television commercials can increase OTC products’ market share the most
In 2017 Atmedia teamed up with Quintiles IMS to analyse how advertising in different media types affects the market shares of different OTC brands in Hungary. The experts found that just...
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Closing shops or cutting taxes
When the present issue of our magazine went to press, the last information was that it isn’t true that some ÁFEOSZ–COOP stores will stay closed on Mondays, in order to...
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Smartphone boom in Hungary
Czech-owned company Mall Group – they operate the online shop Mall.hu in Hungary – organised the Black Friday promotion in 6 countries at the end of last year. Buying statistics from...
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Tejsüti dipped in chocolate
Th e Pöttyös product line welcomes a new addition: MEGaCSOKI is basically dairy snack Tejsüti dipped in chocolate. Pöttyös’ senior brand manager Andrea Szabó told that the new product is already available in shops all over...
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Persuasion-free advertisements
The Self-regulatory Advertising Board (ÖRT) analysed 1,211 advertisements in the press and on television in the November period, in order to find out whether they contain ‘persuasion’: are children asked...
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SPAR to stop selling eggs from caged hens
By 2025 SPAR Austria affiliates in Slovenia, Croatia, Italy and Hungary will stop selling eggs laid by caged hens. At the same time the retailer will start offering a bigger selection...
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Successful end of the year, exciting start of the year at NAK
Balázs Győrffy, president of the Hungarian Chamber of Agriculture (NAK) analysed 2017 and spoke about the objectives for 2018 to our magazine. From a farmer’s perspective, one of the chamber’s most...
Read moreNGM: retail sales may continue to grow
Growth in retail sales may continue, as the outstanding wage increase may increase household consumption this year – the Ministry of National Economy (NGM) told MTI on Thursday. The Central...
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The EP has voted on the sheep and goat sector report
The Agriculture and Rural Development Committee of the European Parliament (EP) has voted for the sheep and goat sector report containing Hungarian proposals as well. According to Erdős Norbert, Fidesz...
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Agroforestry against climate change
One of the important tools for adapting to climate change could be the use of the several centuries old agro-forestry production culture in Hungary – Fazekas Sándor, Minister of Agriculture...
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BNP Paribas Cardif: the Hungarians are still afraid of unemployment
Compared with the previous quarter, the differences in employee confidence in some segments decreased slightly in November, but at the same time the index was still high, almost 70 points,...
Read moreTens of thousands of British cattle was slaughtered
Huge masses of cattle have to be slaughtered in the United Kingdom due to the spread of tuberculosis (TB) infection – agrarszektor.hu wrote. The number of killed animals has exceeded...
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Long-lasting food will be collected in the Catholic churches
Long-lasting food will be collected from next Sunday for a week in the Catholic churches – the Hungarian Catholic Bishops’ Conference (MKPK) informed MTI on Friday. The Catholic Church expects...
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The minimum wage gap is large in the EU
There is a huge, nearly eight-fold gap between the EU member states in the minimum wage. The highest minimum wage is paid in Luxembourg – according to a report released...
Read moreKSH: Retail sales increased by 6.1 percent in December
In December, retail sales grew by 5 percent, according to the raw data. Calendar effect adjusted, the growth was 6.1 percent. In 2017, the volume of turnover – according to...
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