Market News
Foreign trade balance: food exports reached outstanding results
In March, exports in euros were 19.0 percent higher, while imports were 21.3 percent higher than in the previous year, according to the second estimate of the Central Statistical Office...
Read moreNew rules for this year’s vintage
A new element of the grape and wine sector strategy has entered to the stage of implementation: the new rules will align the needs of vineyards and winemakers will be...
Read moreThe Procurement Manager Index broke a record in May
The Procurement Manager Index jumped to 62.1 points in May, from April’s 56.2 points – the Hungarian Logistics, Purchasing and Inventory Company (MLBKT) told MTI on Thursday. May, was an...
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Mineral oils from the packagings
During our lifetime, we can eat up to 40 decagrams of food-soluble packaging materials, and surprisingly, even solid materials can dissolve in each other. The mineral content of the paper...
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African swine fever has been detected in Transcarpathia
A wild boar’s carcass – died in African swine fever (ASP) – was found at the beginning of the week at the Beregújfalu border crossing point in Beregszász. The pathogens...
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Improved performance from discount supermarkets in 2016
GfK’s 2016 Retail Analysis revealed that the FMCG consumption of Hungarian households increased by 2 percent last year (in value). Private label products continued to increase their market share in almost...
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Kazakh-Hungarian Agricultural Investment Fund examines agricultural investments
Three investment opportunities are examined by the Kazah-Hungarian Agricultural Investment Fund on the field of the Kazakh dairy industry, meat industry and crop production. Kazakh-Hungarian Agricultural Investment Fund was established...
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Nébih: you can go fishing for carp again
From Thursday one can go fishing for, carp, garda, domolykó and orfe, but fishing for walleye, catfish and compo is still prohibited – the National Food Chain Safety Office (Nébih)...
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The latest Snickers campaign pays tribute to football
Snickers has joined forces with a footballing legend: their latest campaign is called ‘Play Like Pelé’ and it will give three football fans the chance to meet and train with...
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New company sells Nosalty’s advertising space, and the company also has a new operative director
As of 1 May it is Nosalty Media and Trade Zrt. that sells the advertising spaces of Nosalty. The company’s CEO is Noémi Török who leads a sales team of...
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Magazine: Consumers expect more from yogurts
In the past few months plain yogurt sales decreased in value and stayed put in volume, while fruit yogurt sales didn’t change in value but reduced in volume. Henriett Szabó-Spanyol,...
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An abundance of new products in the healthy food market
There are still much fewer health-conscious consumers in Hungary than in Western Europe, but the selection healthy foods is growing. According to Fatime Bánkúti, marketing manager of Omega Bázis Kft.,...
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Analysts: investments have increased in record numbers
All expectations are far surpassed by the first-quarter growth in investments this year, which is a record – Macroeconomic analysts told MTI. According to the latest data of the Central...
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Hungarian agricultural exports over eight billion euros
Hungarian exports of agricultural products were over eight billion euros last year, while the foreign trade balance closed with 3 billion euros positive, despite the avian influenza has had a...
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Restrictions on avian influenza have been lifted in Hungary
Restrictions on avian influenza have been lifted in Hungary – the Ministry of Agriculture (FM) told MTI on Wednesday. According to the information, the domestic and EU poultry deliveries can...
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MNB: corporate and retail borrowings increased in the first quarter
The growth in corporate lending continued in the first quarter. The volume of loans in terms of transactions increased by 4 percent. The lending dynamics of the household sector also...
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A campaign to be launched to promote rabbit meat consumption
A national campaign to be launched to promote rabbit meat consumption – the Minister of State of the Ministry of Agriculture announced at a professional conference in Kaposvár. According to...
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The MGYOSZ launches a national series of events for the development of vocational training
The National Association of Employers and Industrialists (MGYOSZ) is launching a national series of events for the development of vocational training in September. The National Association of Employers and Industrialists...
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The rate of inflation has declined in the euro area
According to the preliminary data, the rate of inflation has fallen in the euro area in May, according to Eurostat, the statistical office of the Union. Consumer prices rose by...
Read moreThe abolition of cigarette machines is under consideration in Austria
Debate began on the abolition of public cigarette machines in Austria, politicians have so far declined to comment on this issue – the Der Standard Austrian newspaper wrote. Apart from...
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NAK wants us to eat more mushrooms
In June the Hungarian Chamber of Agriculture (NAK) organised a promotion campaign for retailers (Auchan, CBA, LIDL, METR O, SPAR, TESCO) and mushroom growers. Hungarian mushroom consumption is very low, 1-1.5kg...
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KSH: increasing investments in the first quarter
In the first quarter of this year, the volume of investments exceeded the low base of the same period of the previous year by 34.1 percent, when a 14.9 percent...
Read moreThe sowing area of maize and wheat decreases
Maize and wheat were sown on almost three thousand less hectares of land this year in Tolna County. The sowing area of the autumn wheat fell by nine thousand hectares,...
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Instant transfer from 2019
Instant transfer is planned to be launched from 1 July 2019 in Hungary. The complex cash flow development can fundamentally change our everyday lives. The new system will be able...
Read moreThe Romanian authorities prevented the smuggling of 40 million illegal cigarettes during three months
The Romanian authorities have prevented the smuggling of 40 million illegal cigarettes in the last three months and more than 300 people were arrested for suspected cigarette smuggling – the...
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The European Union sets thousands of free internet access points up
Political agreement has been reached by the EU institutions on the so-called WiFi4EU initiative, which will create thousands of free internet access points for 2020 on the continent, the European...
Read moreIDC: The world market of smartphones has slightly increased this year
According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, worldwide smartphone shipments are expected to rebound slightly in 2017 with expected growth of...
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Good business relations with Estonia
Parliament on Monday, after talks with his Estonian counterpart, Prime Minister Viktor Orbán said that Hungary has always had excellent and close relations with Estonia. In July Estonia will take...
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Hungary recorded unprecedented investment growth in Q1 2017
In the first quarter of 2017, the volume of investment totalled HUF 1033bn, which shows year-on-year investment growth of more than 34 percent. This has been the highest growth rate...
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