Market News
Retail sales increased by 4.2 percent in July
In July, retail sales grew by 4.2 percent year-on-year, according to raw and calendar-adjusted data, according to the second estimate of the Central Statistical Office (KSH) published on Friday. The...
Read more
FM: new export opportunities for the Hungarian meat companies
Hungarian businesses can export rabbit meat, beef and buffalo meat, or derived products to Singapore – the Ministry of Agriculture (FM) told MTI on Thursday. The delegation of the Agrarian...
Read moreCzerván: a turnaround in the financing of agriculture
There is growing evidence that there has been a turning point in the financing of agriculture, credit growth continues to grow in the sector – the Minister of State of...
Read more
Collaboration to increase protein crop production
Strategic agreements were signed by organizations interested in agricultural research to make soy and other protein crops more efficient, in the framework of the National Agricultural Exhibition and Fair (OMÉK)...
Read moreMNB Director: Sustainable achievement of the inflation target is expected a quarter later, in mid-2019
According to the latest Inflation report of the Central Bank, the sustainable achievement of the inflation target is likely to be achieved by one quarter later in mid-2019. The investments...
Read more
The French farmers are protesting against the ban on the most popular herbicide
Approximately three hundred French farmers protested on Friday in Paris on the Champs-Elysées Boulevard against the planned ban on glyphosate herbicides. Emmanuel Macron head of state had promised in the...
Read more(HU) Szeptemberben újabb csúcsot döntött a GKI konjunktúraindexe
Sorry, this entry is only available in HU....
Read more
Biopolymer-based packaging designs
DS Smith Packaging Hungary Kft, the Budapest University of Technology and Economics and Polifoam Plastic Processing Kft. have been granted HUF 552.21-million funding for developing a multifunctional biopolymer-based packaging system....
Read moreGfK: Seven out of ten people would buy more online in exchange for free home delivery
Every second online order is delivered by a courier service. The first five incentive factors for online shopping focus on the discounts. Among them, home delivery has an utmost importance,...
Read more
A comprehensive disease control test to be launched at poultry holders
The National Food Chain Safety Office (Nébih) launches a comprehensive and unified disease control investigation as the initiative of the Poultry Product Council (BTT) at Hungarian poultry holders. The autumn...
Read more
Sunflower production is good, but it is worth to store the crop, due to the low prices
In the second week of September, the harvesting of sunflower seeds has begun. According to the data so far, crops will not be outstanding because of drought, but due to...
Read more
40 billion HUF for detergents, 20 billion HUF for fabric softener
The retail sales of detergents were below average, while the retail sales of fabric softeners showed an above the average growth in domestic retail trade between August 2016 and July...
Read moreAgrarian expert: new impetus for agricultural investments
Agricultural investments have been further boosted: in the first half of the year the value of agricultural investments grew by 30 percent – Fórián Zoltán, senior agricultural expert of the...
Read more
KSH: gross gross earnings grew in July by 13.1 percent
In July, gross average earnings grew by 13.1 percent, compared to the same period of the previous year. The growth rate of earnings slowed a slight decrease after the 14.4...
Read moreThe large state company has started to buy grapes in Tokaj
This year’s grape purchasing was started at the state-owned Grand Tokaj Zrt, which is the largest recipient of the Tokaj wine region – agrarszektor.hu wrote. The company pays 100 HUF...
Read moreThe Takarékbank has raised its economic growth forecast this year
The Takarékbank (Savings Bank) is expecting a further boost in investment, raising this year’s GDP growth forecast from 3.9 percent to 4 percent, and next year forecasting 4.2 percent instead...
Read more
Fazekas Sándor discussed about the further expansion of agricultural relations with his Japanese counterpart
The further enlargement of agricultural relations was discussed between Fazekas Sándor Minister of Agriculture and his Japanese counterpart Taniai Maszaaki, Minister of State of Japan’s Ministry of Agriculture, Forestry and...
Read moreNGM: 45 SMEs received 5 billion forints development support
In order to improve its competitiveness and research and development 4.5 billion HUF were given as research and development support to 15 small and medium-sized enterprises (SMEs) in Pest county....
Read more
The government is also helping the SMEs entering the stock market
The government supports the companies interested in entering the stock market with two initiatives – Rákossy Balázs, Minister of State of the Ministry of National Economy said at the meeting...
Read more
Magazine: The Netherlands is one of the driving forces of the world market
The Netherlands is the world’s 5th biggest product exporter and in 2016 the country exported goods in the value of nearly USD 668 billion – this sum represents 3.5 percent...
Read moreOutstanding quality wine yield is expected this year
About 2.8 million hectoliters wine yield is expected in Hungary this year, which is similar to last year’s harvest – Kiss Eliza, Ministerial Commissioner for special oenological tasks at the...
Read more
MNB: Card payment transactions grew by 25 percent in the second quarter
Payment card purchase turnover increased by 25 percent in the second quarter of this year, exceeding all previous growth rates – the National Bank of Hungary (MNB) announced on Monday....
Read more
MGYOSZ: lack of specialist means the biggest limit for growth of companies
According to the survey of MGYOSZ, 92 percent of the company executives indicated the lack of specialists as the biggest obstacle of growth. The National Association of Employers and Industrialists...
Read moreFazekas: Far East markets are promising
Relationships with the Far East markets are promising – Fazekas Sándor, Minister of Agriculture told M1 news channel on Tuesday. The Minister drew attention: Japan is the guest of Honor...
Read more
Nougat slice infected with with glass
A customer found a piece of glass in Germany in a nougat slice that was manufactured in Germany. The National Food Chain Safety Office (Nébih) announced on Monday that the...
Read more
Bananas in danger
One of the most popular fruits of the world is endangered by an aggressive mushroom specie, complete extinction is in the pile, but fortunately there is still hope – penzcentrum.hu...
Read moreFAO: Wheat and meat push FAO Food Price Index higher in June
Global food commodity prices rose in June, led by wheat and meat prices. The FAO Food Price Index, a monthly trade-weighted index tracking international market prices of five major food...
Read more
Magazine: Consumers appreciate more layers
Taking a closer look at the sales trends in various household paper product categories, we can see that the market has been expanding steadily. Value shares have been growing faster than...
Read moreGood quality wine is expected
About 2.8 million hectoliters wine yield is expected in Hungary this year, which is similar to last year – the Minister of Agriculture told MTI in Szekszárd, on Friday. Kiss...
Read moreKSH: the dynamic expansion of the Internet market continues
The dynamic growth of the Internet market continued in the second quarter; the number of subscriptions exceeded 9.1 million and was 8 percent higher than one year before – according...
Read more
