Market News

NGM: businesses will receive support for the purchase of online cash registers

The businesses that should use online cash registers from 1 January 2017 can receive 50 thousand HUF support to purchase the equipment -the Ministry of National Economy (NGM) told. According...

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The Food Convoy helps the needy by donating 30 tons of donations

This year, 30 tons of food donations of 17 companies trucks were transported to the warehouses of the Hungarian Food Bank Association on Friday through downtown Budapest. Cseh Balázs chairman...

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Consumer prices increased in the euro area and in the EU in September

Consumer prices increased in the euro area and in the European Union in September for the fourth consecutive month in an annual comparison. According to data published by Eurostat on...

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The original flavors are in focus in children nutrition

During children nutrition, focus should be put on the original taste of ingredients of vegetables and fruits, therefore there is a need to reduce sweeteners in addition to sugar –...

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FAO: agriculture should also make efforts for the reduction of harmful greenhouse gas emissions

Agriculture, including forestry, fisheries and livestock production, generate around a fifth of the world's greenhouse gas emissions. Agriculture must both contribute more to combating climate change while bracing to overcome...

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Students get local product manuals

When the 2016-2017 school year started, all 9th year students in Győr-Moson-Sopron County received a copy of NAK’s Local Product Manual. The goal of this campaign is popularising local products...

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Wheat prices took a dive

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that both USDA and IGC forecast a record wheat harvest of 743 million tons...

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(HU) Húsipari Szakmai Nap

Sorry, this entry is only available in HU....

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Jonatán apples are no longer available in the stores

The well-known apple variety the Jonatán apple has disappeared from the stores – agrarszektor.hu wrote. It was pushed out of the trade because no demand occured towards the Jonatán apples...

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French sweet corn may be toxic

Because of the risk of food poisoning sweet corn from France was withdrawn from circulation. The products were shipped to Hungary as well, but is has not been marketed yet...

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NGM: simpler ekáer for Authorized Economic Operators

Due to the modification of the existing legislation, the Authorised Economic Operators can do simpler announcement in the electronic control system (ekáer) from Thursday – the Ministry of National Economy...

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Autumn started well in the US retail sector

Following the 0.2 percent decline of August, retail sales on a monthly basis grew by 0.6 percent in September, in the United States – portfolio.hu wrote. The annual dynamics increased...

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Our trade balance is still positive, but…

As a highly industrialised country, the Czech Republic easily integrated into the economic structure of the European Union after 2004. After the political transformation the country’s economy strengthened, thanks to...

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Confident consumers

Slovakia is the 5th biggest market for Hungarian groceries: Hungarian companies realised EUR 197-million sales there in the first five months of 2016 – reported the Agricultural Economics Research Institute...

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How will the US presidential election affect financial markets?

Economic actors all over the world are setting their eyes on the US presidential election, which is closely connected to the FED’s expected raising of the base rate. In the...

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(HU) Húsipari Szakmai Nap

Sorry, this entry is only available in HU....

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Nearly half of the Hungarian population does not get quality food regularly

Nearly half of the Hungarian population can not afford to regularly eat quality food, according to the latest Eurostat data. On the ocassion of the World Food Day held on...

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K&H agro technological change is necessary

The persistently low selling prices need to be prepared for the globally good yields and high stocks, so the farmers need to improve efficiency and an agro technological change is...

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Randstad: less executive chair and salary for women

As understrappers, the workers consider mixed groups more effective, however, as women they prefer to work under the management of men – the latest survey of Randstad Work Monitor reveals....

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Budapest Airport: the cargo traffic of the Budapest Airport continued to increase

In September, the international cargo traffic at the Ferihegy Budapest Airport surpassed the monthly 10 thousand tonnes for the first time. It is 33 percent higher than in the same...

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Traditional media consumption is dominating even in the USA

The Hungarian Newspaper Publishers' Association came with the analysis of the situation of the print market as well as with exciting and interesting research data and flash reports each week....

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Billions for wineries

The Prime Minister’s Office has announced a rural development grant programme with a budget of HUF 40 billion, which will be made available to winemakers in the form of a...

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Nielsen: the use of mobile devices changes trade and cash flow

Trade in Hungary is also changing as a result of that consumers increasingly use their mobile devices for several purposes: one in three Hungarian mobile owners used to compare prices...

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KSH: Agricultural producer prices fell by 2.6 percent in August

In August, agricultural producer prices fell by 2.6 percent, compared to the same period of the previous year. The producer price of plant products declined by 5.5 percent, while the...

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Soft Drinks Association: raising the tax on food will not help against obesity

People's health indicators can not be improved by raising taxes on food products. A social cooperation is needed – the Hungarian mineral water, fruit juice and soft drinks association told...

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German exports may continue to grow in agriculture

This year, the Hungarian agricultural and food exports to Germany exceeded last year's record levels – the Minister of Agriculture said on Tuesday in Budapest, at an international press conference....

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NGM: inflation will be below 0.4 percent this year

The government's convergence program expects an average inflation of 0.4 percent for the whole year. According to recently published data it will be slightly below it – Balogh László, Deputy...

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The '56 vintage of Tokaji aszús will be rebottled

In honor of the 1956 memorial year 150 Tokaji wine specialties will be bottled again, from the aszús that can be found in the National Wine Depository. In 1956 harvest...

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No sugar!

tatistical data show that in the last few years the number of diabetic patients surged. This means there is higher demand for sugar substitutes and products made without added sugar....

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Legal practice in VAT deduction lawsuits

The Curia of Hungary has published a document with detailed information on its legal practice in lawsuits concerning VAT deduction matters. In the future this document can act as a...

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