Market News

Cheaper small-scale farmer IDs

The new, card-format small-scale farmer IDs will take more time to make, but manufacturing them will cost only half the sum originally planned. Almost 190,000 cards need to be manufactured....

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Baker association wants VAT cut

The Hungarian Baker Association urges a VAT cut and wants fair market conditions in the baking industry. President József Septe is of the opinion that prices need to be increased...

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Watermelon oversupply in Europe

This year’s watermelon season was characterised by low purchasing prices and oversupply, not only in Hungary but in the whole of Europe. This year Spanish and Italian watermelon was still...

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From now on there will be more meat in the sausages

Sausages and parisians should contain more meat, because the regulations of the Hungarian Food Code will change. The use of mechanically separated meat was tightened as well. New quality requirements...

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GKI: Hungary's GDP may expand by 2 percent this year and by 2.7 percent in 2017

According to the most recent forecast of the GKI Gazdaságkutató Zrt. ( GKI Economic Research Co.), Hungary's GDP may expand by 2 percent this year and by 2.7 percent in...

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The NAK supports the agriculture and the food industry training with market survey

The National Agricultural Economics Association (NAK) in collaboration with the Agricultural Economics Research Institute (AKI) launches a complex labor market research to assist the market-oriented vocational training, suitable for the...

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Fazekas: Increase in milk procurement prices can be felt less in Hungary

The increase in milk procurement prices have already begun in the European countries, in Hungary, however, this is not very noticeable – the Minister of Agriculture told M1 news channel....

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The little self-sufficient local farms are looking for local production facilities

It is vital to have employment in small communities, which provides a livelihood for the local people, and helps to keep populations to retain themselves. The government supports the creation...

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Consumer sentiment reached its nine-year peak in the world's largest economy

The Conference Board Consumer Confidence Index Increased in September The Conference Board Consumer Confidence Index®, which had increased in August, improved further in September. The Index now stands at 104.1...

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Autumn fish stocking has started at the Lake Balaton

Fifteen tons of carps were put into the Lake Balaton near Balatonlelle and Siófok on Monday. Szári Zsolt, CEO of the Balatoni Halgazdálkodási Nonprofit Zrt. (Lake Balaton Fish Management Company)...

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VAT fraud is Europe’s third biggest problem

Three quarters of European think that fighting VAT fraud is the third most important priority for the European Union, right after battling terrorism and reducing the level of unemployment –...

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New changes in the EKÁER system

Having an Electronic Public Road Trade Control (EKÁER) number is obligatory even if the total weight of a vehicle only becomes more than 3.5 tons when it is loaded over...

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Fazekas Sándor: quality Hungarian wines are more and more recognized

The quality Hungarian wines are more and more recognized among consumers in Hungary and abroad, as their quality is constantly renewed, and they combine tradition with innovation – the Minister...

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Foreign webshops are more and more popular

According to a recent research, the foreign-based webshops are more and more popular among the Hungarian customers – portfolio.hu wrote. Those who regularly purchase on the Internet in Hungary, are...

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New rural development projects to appear later during the fall

Further applications are expected during the fall in the Rural Development Programme. By the end of the year applications will be published in a value of around 200 billion HUF....

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KSH: the number of employees increased in June-August

In June-August, the number of employees was 4 million 386 thousand, 135 thousand more than the year before. The employment rate for the 15-64 age group increased by 2.5 percentage...

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eNet-Telekom: the number of mobile Internet users is 2.6 million

98 percent of the more than 3.5 million smartphone and tablet users are using wifi, 72 percent of them, 2.6 million have mobile internet – the report of eNet and...

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The third of the world's population could be obese by 2030

Poor diet poses a threat to the health of half of the world's population – warns an independent committee of nutrition experts. By 2030 a third of the planet's population...

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The most popular French brands are from the car industry and beauty care

The tire manufacturer Michelin, the Peugeot car factory and the Yves Rocher cosmetics company are leading the list of the most popular brands in France – Le Figaro wrote. According...

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More than seven hundred bottles of compotes were donated to the large families in Kecskemét

About seven hundred bottles of home-made compotes were handed over by pensioners of Kecskemét, Hetényegyháza and Városföld to the Association of Large Families within the Nourishing Love program on Monday...

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Pumpkin Olli produced another giant pumpkin

Oliver Langheim, better known as Pumpkin Olli – living in Fürstenwalde, Brandenburg province – produced another giant pumpkin – agrarszektor.hu wrote after 444.hu. AFP PHOTO / dpa / Patrick Pleul...

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The experience of special lip care

Quality matters the most when it comes to buying lip care products: the big question is always how comfortable it is to wear them on one’s lips. From Labello products...

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Brexit may affect our food export too

In a referendum held on 23 June 2016, the majority of Brits voted with yes to leaving the European Union. Now it is the turn of the United Kingdom’s parliament...

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Austrians do feel like buying

Austria is Hungary’s fourth biggest food export market, with an 8-percent share in our EUR 1.94-billion food export in Q1 2016 – reported the Agricultural Economics Research Institute (AKI). In...

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Magazine: Only the purchasing power is missing

Wineries are slowly but steadily responding to market needs and the new-style wines (e.g. fresh, reductive-technology ones) that they develop are slowly getting accepted by the market – revealed Krisztián...

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NGM: consumer confidence is the sign of retail growth

The growth in retail sales is continuous for more than three years, which reflects consumer confidence – the Deputy Minister of State of the Ministry of National Economy (NGM) told...

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Nielsen introduces a new tool to get to know the experiences of the clients and customers

“Listen to your client, consumer and respond to it quickly!” Nielsen introduced the integrated assessment and analysis of the consumers’ good and negative experiences in Hungary with this motto. Nielsen...

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Hungarian sour cherry’s competitiveness declined

Hungary does not use its opportunities in cherry cultivation, despite the world-famous varieties – a professional publication states. According to the professional publication, published on the occasion of a conference...

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It is understandable why there are no sellers in the Hungarian stores

The stores are looking for 55 thousand sellers in the EU countries. The labor shortage is an overwhelming burden in other EU countries as well. Most of the vacant positions...

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Consumers were assessed with an online test

Only a fraction of the regular wine consumers are declaring themselves as wine lovers – according to the recently conducted online survey, the Great Wine Test carried out with the...

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