Market News
The European Commission has proposed closer trade relations with Africa
The European Commission has proposed a strong “Africa-Europe Alliance” to significantly increase investment in Africa, boost trade, invest in job creation and invest in education and skills development. According to...
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Magazine: The end of the leftover food era
Pet food sales were up 10 percent in terms of value and volume sales augmented by 7 percent in 2017. Balázs Buzás, marketing manager of Nestlé Hungária told our magazine...
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(HU) Érték és Minőség Nagydíjas a Trade magazin
Sorry, this entry is only available in HU....
Read moreKSH: prices grew by 3.4 percent in August
In August, consumer prices were 3.4 percent higher on average than a year before. Compared to July, consumer prices increased by 0.1 percent – according to the Central Statistical Office...
Read moreCarrier interest organizations are calling for a 15 to 20 percent increase in premium rates
The NiT Hungary and the Hungarian Road Freight Association (MKFE) recommended the immediate increase of freight rates by 15-20 percent – the representatives of trade unions announced at a joint...
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Emmi: 627,000 children could eat for free or at discounted price in the past school year
A total of 627,000 children could eat for free or at discounted price in the previous school year – Fülöp Attila, Minister of State of the Ministry of Human Resources...
Read moreHungarian sample farm in Ghana
Appropriate variety selection and new technologies can double the amount of food produced in Ghana according to the position of the National Center for Agricultural Research and Innovation. To prove...
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The price of potato has tripled in the United Kingdom
It will be a sad year for those who love potatoes in the UK. The summer heat waves and droughts have so badly affected crops that prices have tripled in...
Read moreThe fifth of the French do have not enough money to eat healthy
The fifths of the French do not have enough money for three meals a day and can not eat healthy – according to the survey of Ipsos published on Tuesday....
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Magazine: Discount supermarkets are directing the film of the coffee market
Households have had more money to spend recently and this manifested in coffee sales too: the decrease in volume sales slowed down and value sales were up nearly 5 percent...
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Walnut production is increasingly popular
The production area of the Hungarian walnut grows continuously as the domestic varieties have a market gap due to their age. The walnut conference held in Lengyeltóti also revealed that...
Read moreAnalysts: the foreign trade balance surplus may be lower this year
Both exports and imports in euros are growing dynamically, but the surplus of the foreign trade balance is expected to be lower in 2018 than last year – macroeconomic analysts...
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Fish health care publication helps production
The National Chamber of Agriculture (NAK) and the Hungarian Aquaculture and Fisheries Intermediate Body (MA-HAL) have prepared a manual on fisheries issues for fish producers and fishermen. The purpose of...
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School milk and fruit program covers almost half a million schoolchildren
In the new school year, the school fruit program reaches 550,000 students, while the school milk program covers 430,000 students, the Parliamentary Minister of State of the Ministry of Human...
Read moreThe Ministry of Agriculture and the Agricultural Research Center are looking for young scientists again
The Ministry of Agriculture (AM) and the National Center for Agricultural Research and Innovation (NAIK) are awaiting young researchers – Gyuricza Csaba, Director General of the Center told M1 news...
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Dietetic: the quarter of children going to school does not have breakfast
A quarter of the kids start off from home without having breakfast, although they sould need to kick off “energies” to be able to think and perform well at school...
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Ten-year record in Argentine beef production
USDA analysts expect that next year as many cattle will be bred in Argentina as in 2009. The weakening of peso against the dollar has made it a great opportunity...
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Investor confidence in the euro area has deteriorated
The eurozone investor confidence index of the Frankfurt-based Sentix Economic Research Institute was deteriorated unexpectedly. According to a survey released on Monday by Sentix, the euro area investor confidence index...
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Magazine: Home baking
According to Eszter Varga, trade marketing and category manager of Dr. Oetker Magyarország Élelmiszer Kft., housewives prefer those baking additives which guarantee success, even if they cost more. These consumers are the...
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The poultry sector should be prepared for the reduction of EU subsidies
The poultry sector survived many crises, but there may be difficulties again, as the EU’s agricultural subsidies are expected to decline from 2021, which we have to be prepared. Farkas...
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Private borrowing to be tightened from October
From October 1, the National Bank of Hungary regulates the percentage of income that a household can spend on repaying a loan. The goal is for more people to choose...
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KSH: showed a two-digit increase in exports and imports in July
In July, exports in euros were 11.4 percent higher than in the previous year and imports increased by 10.6 percent. Foreign trade surplus was 373 million euros, 91 million euros...
Read moreGlobal grain production is weak
According to the UN Food and Agriculture Organization’s (FAO) flash report, the world’s lowest cereal yield of the last three years will be harvested that will lead to a drop...
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Artificial meat against climate change
The emissions of greenhouse gases from agriculture could be spectacularly reduced – experts say, if people would consume meat produced in the laboratory – agrarszektor.hu wrote. A serious portion of...
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Magazine: Candy sales are growing together with the sweets market’s expansion
On 3 July the Association of Hungarian Confectionery Manufacturers reported on the state of play in the candy segment of the confectionery market. President Sándor Sánta and head of the candy...
Read moreRetail sales may grow by around 6 percent this year
Retail sales are expected to grow by around 6.0 percent this year, reaching a year-on-year growth rate of around 6.0 percent, and contributing significantly to the rise in gross domestic...
Read moreAnalysts: over four percent growth is expected in 2018
This year, gross domestic product (GDP) in Hungary could increase by 4.2 – 4.6 percent, analysts said after analyzing the second estimate of the Central Statistical Office’s data. Central Statistical...
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The VAT on long-lasting milk will be reduced next year
Next year, the VAT of another basic food, the VAT on long-lasting milk (UHT, ESL) will decrease, which can partly be reflected in retail prices and increase traders’ margins –...
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Nébih imposed a fine of over 25 million forints during the summer seasonal food chain control
During the summer seasonal food chain check, between 1 July and 20 August, the National Food Chain Security Office (Nébih) imposed more than 25 million forints in 303 cases –...
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Magazine: Holidays dipped in chocolate
Even manufacturers were surprised by the sales performance of seasonal confectionery products at the end of 2017. Kitti Végh, brand manager (confectionery) of Nestlé Hungária told that sales of pralines and...
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