Market News
The OMÉK campaign was launched
Livestock in unusual locations, wondering people – just a few scenes from this year’s 78th National Agricultural and Food Exhibition and Fair (OMÉK). The short film produced by the Agraricultural...
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Budapest Bank: shool start costs 54,000 HUF in the primary schools this year
Families with elementary school children are expected to spend an average of 54,000 HUF this year instead of the 64,000 HUF of last year – the Budapest Bank told MTI...
Read moreThe bad weather affected the French vines badly
Such small amount of wine grapes have not been harvested in France since 1945 as this year. The very weak harvest is due to the unusually mild March and the...
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Households can save 20,000 forints per year by replacing large machines
Thanks to the home warming program, households can save on average 20,000 HUF annually on the electricity bill every year – Szabó Zsolt, Minister of State of the Ministry of...
Read moreIDC is forecasting a steady growth in smartphone sales
The US International Data Corporation (IDC) IT and telecommunications market research firm predicts a moderate growth in smartphone sales for the next five years. According to IDC’s projections, the number...
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Bread prices may increase from autumn
The Lipóti Bakery increases the price of bread and other products by 5-10 percent from September due to the increase in wages. According to other companies, the rise in the...
Read moreThe common agricultural policy is a huge development opportunity
For Hungary, the EU’s agricultural policy is a huge opportunity for development, however, because of the ever-tightening requirements, the farmers and the food industry are facing more requirements – Győrffy...
Read moreDemand for seedless grapes is growing
According to surveys, Hungarians eat an average of 2.5-3 kilograms of table grapes per year. In line with the trends in the world, the demand for seedless varieties is rising....
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Milk crisis can emerge in Europe
A serious dairy crisis is lurking on Europe, at least one of the leaders of one of the largest dairy companies predicts. For Christmas, milk and butter may run out...
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The wine of the mayors of Tokaj-Hegyalja was handed over
The wine of the mayors handed over in Hercegkút symbolizes the collaboration of the Tokaj-Hegyalja wine-growing region. The wine of the mayors was once again made by the state-owned Grand...
Read moreThe tax authority withdrew untaxed tobacco products from the black market in a value of 1 billion HUF this year
It is novelty that the authority this year also found an unauthorized tobacco farm. The rate of cigarette smuggling has not increased over the past period, but there have always...
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The loan portfolio of the population and companies grew
There was a significant increase in household and corporate loan portfolio in the second quarter, according to the August issue of the MNB’s Lending Processes report, quoted by népszava online....
Read moreThere is still a lack of truck drivers in road transport
Hungarian road haulage is still lacking in truck drivers, despite the fact that thousands of drivers have been trained with state support – Somogyi Gábor, Secretary General of Hungarian Road...
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The world’s most expensive cities
Singapore has become the world’s most expensive city for the fourth year in a row, and even a neighboring city, Hong Kong, has also held its second place on the...
Read moreEconomic growth in the OECD countries accelerated in the second quarter
The rate of economic growth accelerated in the member states of the Organization for Economic Co-operation and Development (OECD) in the second quarter. In the 35 member states of the...
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Hungarian eggs are safe
The Hungarian Egg Association dissociates itself from the identified recent cases in Hungary where the National Food Chain Safety Office (Nébih) has shown that some domestic egg producers used an...
Read moreThe Global food supply chains have to face complex challenges
The Global food supply chains have to face complex challenges because due to the growth of the world’s population and a significant change in consumption patterns, there is a huge...
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Contaminated eggs: the national chief veterinarian mentioned the responsibility of the producers
The National Chief Veterinary Officer warned the poultry holders to withdraw their products if they treated them illegally or the preparations they used were counterfeit – the Ministry of Agriculture...
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KSH: the cost of schooling per child was over 15 thousand HUF last year
The cost of schooling was 15,300 forints per child last year, according to a summary of the Central Statistical Office (KSH) released on Thursday. Based on the figures of August...
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Seaweed against climate change
Irish farmers hope so and have welcomed the opportunity to investigate a 2016 study that claims feeding cows small amounts of seaweed along with their normal diet of grass can...
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FM: Hungary has regained its bird flu free classification
According to the regulations of the International Office of Epizootics (OIE), Hungary has regained its bird flu free classification on 24 August 2017, the Ministry of Agriculture (FM) told MTI....
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5 school friendly turkey sandwiches for creative parents
Careful parents prepare hundreds of sandwiches for their children each year. In addition to easy preparation, health awareness is an increasingly important aspect. We have gathered simple and fun ideas...
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Is our personal hygiene high enough?
The toilet usage habits were always sensitive topics. We do not talk about it in company or in the public, even we are spying carefully on the Internet after informations...
Read moreThe Scaphoideus titanus has appeared in most counties
The results of governmental investigations show that the Scaphoideus titanus has appeared in most of the country’s vineyards. The Scaphoideus titanus is spreading FD phytoplasma infections – the National Food...
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Nébih: toxic plastic cutlery sets were delivered to Hungary as well
The Czech authority measured formaldehyde dissolution in excess of the prescribed limit in a three-part plastic cutlery set called “bamboo” originating in China, which arrived through Germany to the European...
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Foreign products were removed from the supermarket shelves because of racism
A supermarket in Germany has made a controversial point by removing all foreign products from its shelves. The Edeka supermarket in Hamburg said that it wanted to confront racism with...
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GKI: Property market outlook is over its peak
In July, the GKI real estate indices for Budapest and Hungary stood at 1 and 0 points respectively. Both figures dropped slightly by 1 point, compared to the previous survey....
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Surge in the number of conscious shoppers in Hungary
According to the first Conscious Shopper Market Report (2014-2016), the value of conscious shopper decisions was HUF 1,014 billion. From this HUF 360 billion was spent on groceries, HUF 237...
Read moreGrowth in retail sales is due to wage growth
Growth in retail sales is due to the growth in retail sales, and the expansion is likely to continue in the coming months – Marczinkó Zoltán István, Deputy Minister of...
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Analysts: the June wage data is a positive surprise
The June wage increase was a positive surprise in terms of the analysts’ consensus and shows the growing lack of skilled workers, and also shows the trend in wage agreements...
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