Market News
A new era of eating problems has begun
Date: 2017-03-14 11:23:08
Overweight and obesity are more frequent and a whole range of diseases will comewith them – the new FAO report on the European and Central Asian region reveals. Due to...
Read more
Good crop prospects in orchards, despite the harsh winter
Date: 2017-03-14 11:20:13
The unusually cold winter frost did not cause significant damage to the orchards – the Hungarian Horticultural Propagation Management Company (MKSZ) states on the basis of laboratory tests of fourteen...
Read more
Cooperation agreement between the NÉBIH and the Association of Excise Services
Date: 2017-03-14 11:07:48
The National Food Chain Safety Office (NÉBIH) and the Customs, Excise and Taxation Service Providers Association (VJASZSZ) signed a cooperation agreement to contribute to the fight against food adulteration and...
Read more
Crisis in the ostrich industry in Hungary
Date: 2017-03-14 11:05:41
The ostrich industry in Hungary is in trouble. Demand declined significantly, sales prices decreased, the profit is mainly goes to the Slovak, Romanian, Italian and Czech processors, so fewer and...
Read more
We spent seventeen thousand billion last year
Date: 2017-03-13 11:58:04
In 2016, the consumption spending of families rose by 5 percent faster than in-store purchases. The 17 thousand billion HUF spendings roughly correspond to the level of the spendings of...
Read more
NÉBIH: 12 million investigations within five years
Date: 2017-03-13 11:40:34
Since its inception, the National Food Chain Safety Office (NÉBIH) initiated more than 12 million investigations and restrained approximately 10 billion HUF VAT and other tax avoidances in the past...
Read more
Analysts: foreign trade surplus is decreasing, but remains high
Date: 2017-03-13 11:35:50
Foreign trade surplus is expected to decrease this year, but still remains high – according to analysts commenting the most recent data of the Central Statistical Office (KSH). According to...
Read more
More than 6,300 tons of tobacco grown last year in Hungary
Date: 2017-03-13 11:25:52
In Hungary, a total of 6343 tons of tobacco was produced in 2016 on 3366 hectares. Compared to the figures from two years ago the average yield increased, while area...
Read more
The Chamber of Agriculture issued eighty thousand fewer farmers’ certificates
Date: 2017-03-13 11:04:36
Compared to recent years, the Chamber of Agriculture issued more than eighty thousand fewer farmers’ certificates. Süle Katalin Chamber presidency spokesperson told M1 news channel on Monday that the decline...
Read more
Survey on the British spending habits
Date: 2017-03-13 11:03:37
Britain is a nation of vodka drinkers who wear Nike, prefer to gamble at Ladbrokes and don’t realise Brexit will make life more expensive, according to a consumer survey by...
Read more
The NAV seized twelve thousand bottles of fake perfumes
Date: 2017-03-13 11:00:35
The finance guards of the National Tax and Customs Office (NAV) seized twelve thousand bottles of fake perfumes hidden in a warehouse – the press officer of NAV’s Bács-Kiskun County...
Read more
Annual market nears 30 billion forints
Date: 2017-03-13 10:18:37
Combined sales of the five hair care categories Nielsen monitors realised 3 percent higher value sales between December 2015 and November 2016 than a year earlier. The 12-month market exceeded...
Read more
Chamber of agriculture joins Brussels lobby group
Date: 2017-03-13 10:01:01
The Hungarian Chamber of Agriculture (NAK) joined Brussels-based lobbyist The Association for Better European Access to Nutrients (ABEAN). ABEAN is lobbying for the abolition of the 6.5-percent import duty on...
Read more
Consumer recognitions can bring significant sales growth
Date: 2017-03-10 11:45:48
The winning of the Product of the Year Award (POY) award may bring an average of 40 percent increase in traffic for the brands, but the scope of consumers may...
Read more
Beekeepers proposed a honey data bank
Date: 2017-03-10 11:35:36
There is a need to create a EU honey data bank, in order to reduce the counterfeit import products mainly from Asia – Bross Péter, president of the Hungarian National...
Read more
Fish can be cheaper in stores
Date: 2017-03-10 11:30:59
The Ministry of Agriculture (FM) initiates a VAT reduction for fish, because the measure would whiten the sector and would contribute to double the consumption of fish in a few...
Read more
Chamber of Agriculture: sectoral cooperation should be placed on new basics
Date: 2017-03-10 11:28:12
The cooperation in agriculture should be placed on new basics. Integration should be made more attractive – Győrffy Balázs, president of the National Association of Agricultural Economics (NAK) said at...
Read more
KSH: foreign trade turnover started the year well
Date: 2017-03-10 11:25:13
In January, the value of export in euros increased by 14.3 percent, while the value of import increased by 15.1 percent, compared to the same period of the previous year....
Read more
Major frost damage in the autumn rape
Date: 2017-03-10 11:00:20
Frost damages affected the winter wheat, winter barley and triticale smaller than expected, but the autumn rape suffered major frost damages in Békés county Kulcsár László, Békés county chairman of...
Read more
Large stores becoming more important in grocery retail
Date: 2017-03-10 10:34:10
December 2015-November 2016 grocery retail sales valued at HUG 1,620 billion. Value sales were up 2 percent but volume sales dropped 1 percent in the 90 food categories audited by...
Read more
Packaging is a ‘dark horse’ in the case of breakthrough innovations
Date: 2017-03-10 10:25:46
Nielsen analysed the market performance of 9,900 new products in its latest Breakthrough Innovation Report. There are eleven products in the report that realised at least EUR or GBP 7.5-million...
Read more
2017 – Az új lehetőség!Magazine: 2017 – The new opportunity!
Date: 2017-03-10 10:10:03
It is interesting to monitor the changes in the labour market. It seems to me that job security is still a very important factor, especially if there is only one...
Read more
11.2-billion dollar turnover estimated in the electronic display market
Date: 2017-03-10 09:45:56
A report by Technavio forecasts that the growth rate of the in-store display market will be 16 percent between 2017 and 2021. The main driving force behind this growth will...
Read more
Coffee, tea, bread and detergent: premium products Hungarians would buy for more
Date: 2017-03-10 09:28:43
40 percent of Hungarian consumers would pay more than the average price for premium quality coffee or tea. 39 percent would do the same when buying bread or other baked...
Read more
Fazekas: a strong CAP is needed after 2020
Date: 2017-03-09 11:32:05
Hungary will do everything to ensure to give a strong and appropriate budget to the Common Agricultural Policy (CAP) after 2020. In order to reach this goal the Member States...
Read more
Inflation accelerated as expected
Date: 2017-03-09 11:30:34
Inflation accelerated in February in Hungary by 2.9 percent, in line with the analysts’ expectations. In the coming months, inflation may exceed 3 percent, but the macroeconomic analysts interviewed by...
Read more
The NÉBIH tested spiral-shaped pastas
Date: 2017-03-09 11:30:08
At the lastest product test of the National Food Chain Safety Office (NÉBIH) 23 objections were raised out of 33 pastas – the agency told. During the product test, the...
Read more
Massive bee mortality in Somogy county
Date: 2017-03-09 11:20:02
Although precise data has not been disclosed yet, but experts say that bee mortality is 30-40 percent in the apiaries in Somogy county – sonline.hu wrote. Who could not make...
Read more
NGM: customs and VAT revenues increased
Date: 2017-03-09 11:03:54
In the first two months of the year, Hungary’s EU customs revenues increased with almost 5 billion HUF, while 4.3 billion HUF more Value Added Tax (VAT) flown into the...
Read more
Slovenia is at the forefront in the origin protection of traditional agricultural products
Date: 2017-03-09 11:02:27
Slovenia is at the forefront in the community preservation of origin protection of agricultural products and geographical indications. Slovenia applies for protection for more products than Austria, Hungary or Croatia...
Read more