Market News

(HU) Fazekas: 2010 óta folyamatosan nő a magyar mezőgazdaság kibocsátása

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Brand new apple varieties are tested

The National Food Chain Safety Office (NÉBIH) introduced fifteen new resistant apple varieties from domestic plantations. If the type tests will be completed with positive results, the new varieties will...

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Europe is becoming more severely threatened by climate change

Europe’s regions are facing rising sea levels and more extreme weather, such as more frequent and more intense heatwaves, flooding, droughts and storms due to climate change, according to a...

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Vitamins: natural or synthetic?

By the end of January, the body’s vitamin storages are quite empty, even if we pay attention to healthy nutrition all winter and to the right amount of fruit and...

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The ekáer helped the NAV

With the help of the electronic road freight traffic control system (ekáer) the finance guards of the National Tax and Customs Office (NAV) prevented the distribution of 22 tons of...

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FAO provides agricultural assistance packages to disaster-struck farmers

The FAO assistance packages to flood-affected farming families comprised a provision of crop seeds, fruit tree saplings, canes, fertilizer, livestock and animal feed, farming equipment and beehives, as well as...

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Magazine: A more colourful cream palette

Cooking cream, whipping cream and coffee cream – these three segments make up the cream category. We learned from Krisztina Molnár, junior trade marketing manager of Lactalis Hungária Kft. that...

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Grain Association: flour price increase is inevitable

The profession considers the minimum 5 percent increase in the price of flour as inevitable – the Hungarian Grain Association told MTI on Tuesday. The professional organization sees the reason...

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In the first half of the year, FM finalizes the Urban Agricultural Policy

The Ministry of Agriculture (FM) finalizes the Urban Agricultural Policy in the first half of the year – Hegedűs Gábor rural and regional development officer told in Budapest on Tuesday...

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NGM: real wage growth may continue this year

This year, the four-year rise of real wages can continue. The basis of the increase is the improved economic performance and the government’s economic policy – Simon Attila, Deputy Minister...

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Hungary lost 6.5 billion USD due to sanctions against Russia

The Hungarian economy has suffered a loss of 6.5 billion USD as a result of the economic sanctions imposed against Russia – the Minister of Foreign Affairs and Foreign Economic...

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Yuan-based bank cards can be requested in Hungary

The Bank of China issued yuan-based debit cards. The cards will be issued within the cooperation of the Bank of China and UnionPay and this will be the first Chinese...

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Production prices down 3.8 percent in agriculture

In September 2016 agricultural production prices reduced by 3.8 percent from the level of September 2015 – reported the Central Statistical Office (KSH). This drop was driven by the price...

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Scones for kindergarten children

In mid-November NAK’s Tolna County directorate invited kindergarten children to Pannon Varázs bakery in Szekszárd, where they got a chance to see how and where bakers work. Before leaving, the...

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Milk prices continued to rise

Price increases continued in the dairy market in December. The producer price of milk increased to 88.65 HUF per kg, which is a 6 percent increase, compared to November and...

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Plenty of small shops have closed in the past 10 years

Over the past decade, more than 26 thousand small shop were bankrupted, however turnover increased per shop and per square meter. Of course, the number of large department stores increased...

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Analysts: the pace of wage growth continued to accelerate

The pace of wage growth continued to accelerate in November last year and for this year an even more dynamic growth is expected due to the raising of the minimum...

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Fazekas: GMO dissemination is not the remedy for water shortage

The dissemination of genetically modified organisms (GMOs) is not the remedy for water shortage in agriculture – Fazekas Sándor Minister of Agriculture emphasized on Saturday in Berlin at the Global...

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Hungary asks for the European Commission’s crisis support

In order to easen the economic impact of the bird flu, Hungary officially asks for the European Commission’s crisis support – the Ministry of Agriculture (FM) told MTI on Monday....

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Less grape harvest was predicted compared to last year in Ópusztaszer

The farmers and the wine estates predicted less grape harvest for this year, compared to last year in the National Historical Memorial Park of Ópusztaszer on St. Vincent day. The...

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NÉBIH: the ban on the most widely used pesticide would make weed control difficult

The withdrawal of glyphosate-based products would make weed control difficult and would make it more expensive – the National Food Chain Safety Office (NÉBIH) told MTI. The agency recalled that...

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Consumer sentiment improved slightly in Europe

According to the preliminary data published by the European Commission’s Economic and Financial Affairs (ECFIN) on Monday, the sentiment index rose by 0.2 points to minus 4.9 points in the...

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China has become one of the most important trading partner of the EU and Hungary

At a panel discussion at the Lámfalussy conference, Palotai Dániel, managing director of the Hungarian National Bank (MNB) emphasized that China has become one of the most important trading partner...

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The secret of fruit pálinka

The composition of the fruit pálinkas can be transformed consciously with the changing of the parameters of distillation, so the fruit characters appear more intensively – agrarszektor.hu wrote. As a...

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The Chamber of Agriculture established a phone company

The National Association of Agricultural Economics (NAK) launched a Telecommunication service – Magyar Nemzet wrote on Saturday. The members of the Chamber of Agriculture can choose more favorable fee packages...

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Utility bill payment machines in retail units

Hungarian Post Zrt. started cooperation with CBA and Rossmann Hungary: utility bill payment machines will be installed in 91 drugstores and grocery stores all over Hungary. Rossmann hopes that thanks...

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Food safety from the farm to the table

On 3 November 2016 the National Food Chain Safety Office (NÉBIH) and Szent István University signed a cooperation agreement. The goal is to establish a Risk Analysis Department at the...

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(HU) Harmadik hónapja emelkedik a GKI konjunktúraindexe

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KSH: the increase in earnings has accelerated

In November, the average gross earnings amounted to 285 800 HUF, which is a 8.2 percent increased over the year, while due to changes in average net income of the...

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FM: the tracking system of the food industry enterprises should be raised to European level

The tracking system of the food industry enterprises should be raised to European level by extending the modern, web-based, mobile-technology solutions in Hungary – Laszlovszky Gábor, the food processing department...

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