Market News
HD Group – a bridge that connects generations
Who would have thought that in the 21st century, when technological development mainly serves the purpose of connecting us, one of the biggest challenges in the world of labour will...
Read more
GDSN-based B2B service from Brandbank!
Brandbank started their GDSN-based B2B portal service in Hungary as well. Those suppliers who subscribe to the Brandsync service get the chance to supplement B2C data produced by Brandbank with...
Read more
KSH: retail sales grew in April
In April, the sales volume of retail stores grew by 3.2 percent, according to the raw data. Calendar effect adjusted the growth was 1.7 percent, compared mainly due to the...
Read moreBeer Association: quarterly beer consumption can increase by millions of mugs
Beer consumption has increased over the last few days, the breweries are operating with full capacity, and if the heat persists, several million tankards more beers can be consumed in...
Read more
FM: the composition of the bread changes
The composition of the breads to change from Friday. For example, rye content should be increased in rye breads from 40 to 60 percent, and in case of breads with...
Read moreThe Chamber of Agriculture initiated the introduction of the water shortage period
In order to maintain safe food production, the National Chamber of Agriculture (NAK) initiated the establishment of the water shortage period at Pintér Sándor, Interior Minister from 1 June until...
Read more
The melons producers’ association expects three-digit prices
The producers are confident that the consumer price of melons will not fall below three digits this year – agrarszektor.hu wrote. This is a big chance, as there are fewer...
Read moreThe MNB expects the expansion of investments and consumption
The most recent inflation report of the Magyar Nemzeti Bank was published: the target can only be realized in 2019 – privatbankar.hu wrote. Private household investments are growing dynamically, according...
Read more
NGM: real wages have risen in the competitive sector
The pace of real wage growth has accelerated sharply in the last four months. Real earnings grew by almost 8 percent in the private sector – the Minister of State...
Read more
Hundreds of producer markets are operating in the country
Producer markets are becoming increasingly popular. Last year 261 producer markets were operating in the country – according to the National Agricultural Chamber (NAK). Acvcording to the communication of the...
Read more
We do not have to afraid from the nitrite and nitrate content of foods
The current levels of nitrites and nitrates used as additives in meat and other food preparations are appropriate – agrarszektor.hu wrote. The nitrite and nitrate exposure of buyers will remain...
Read more
The recipe for chimney cake to be tightened
The ministry tightens the rules of the chimney cake: the description published in the days, along with the formula, records the method of production and the quality of the raw...
Read more
Consumer sentiment is on a nearly sixteen-year high in the euro area
Consumer confidence in the euro area has improved considerably in June to its sixteen year peak. Consumer sentiment has improved in the European Union as well – the preliminary data...
Read more
The Nébih suspended the operation of a bakery in Budapest
Due to severe food hygiene and food safety deficiencies, the National Food Chain Safety Office (Nébih) suspended the operation of a Budapest bakery with immediate effect – the agency told...
Read more
George Clooney’s 1 billion USD deal with tequila
George Clooney is selling his tequila company to Diageo for as much as 1 billion USD, the company announced on Wednesday – origo wrote. The Oscar-winning actor says the deal...
Read more
Food consumption to be transformed drastically: meat will be eaten with meat
Food production is facing a serious challenge as food demand in the next decades may rise by 70 percent, while significant dietary changes occur. In the future, menu will be...
Read more
The growth in earnings increased further
In April, the gross and net average earnings were 14.6 percent higher than a year before, after the 12.8 percent increase of March. In the first four months of the...
Read moreThe Ministry of Agriculture initiates the increased protection of the soil
The hungarian Ministry of Agriculture initiates the increased protection of the soil in the EU, because more and more countries are having trouble with the reduction of soil fertility –...
Read more
Agraricultural Chamber: early apricot species can be important range extenders
The early apricot species can be important range extenders, therefore early species were showcased to the farmers by the National Chamber of Agriculture (NAK) and the Horticulture Directorate of the...
Read more
Nominating organizations can register for the chamber elections by 15 July
Under the decision of the National Chamber of Agriculture that was born on the 24 May, 2017, the county delegation elections will be held on 3 November 2017. The first...
Read moreThe number of mobile subscribers to expand with billions
In the next five years, the number of mobile subscribers will increase by 2.6 billion. Last year it was 4.4 billion worldwide, according to Ericsson’s June Mobility Report – Magyar...
Read moreGastronomy and wine inspire the artists of the Színes Város Fesztivál this year
Gastronomy and wine inspire artists of the Színes Város Fesztivál (Color City Festival) this year, who are making wall paintings throughout the capital during the one-month festival that ends at...
Read more
In Hungary, the health sector gives nearly 10 percent of the GDP
In Hungary, the healthcare industry, including medicine, herbal medicine, pharmaceuticals and biotechnology gives nearly 10 percent of the gross domestic product (GDP). This sector is a dynamically developing industry –...
Read more
International actions by NAV
The National Tax and Customs Administration (NAV) regularly requests information from foreign authorities, in order to be able to catch those foreigners who commit VAT fraud in Hungary. Csilla Tamásné...
Read more
Hungarians eat less bread than Europeans
In Hungary, the per capita annual bread consumption is 37 kilograms, while the European average is 50 kilograms – the Jókenyér Ludwig & Mentesi Kft. told MTI on Tuesday. In...
Read more
Chinese imports are pushing the swine prices
Due to China’s growing import demand, the Hungarian pig purchase prices have grown spectacularly recently. The Hungarian livestock farmers can expect favorable market developments over the medium term after the...
Read moreSzázadvég: economic growth may be 3.8 percent this year and for the next year
Following this year’s favorable first-quarter growth figures, the Századvég Gazdaságkutató Zrt. has increased its previous 3.6 and 3.4 percent growth forecasts up to 3.8 percent for 2017 and 2018, According...
Read moreThis year’s sour cherry yield can be around 60-65 thousand tons
This year’s sour cherry yield will be weaker than the average, about 60-65 thousand tons – the FruitVeB and ÉKASZ told MTI on Tuesday. According to the most recent summary...
Read more
