Market News
The pálinka brand name may be used in Transylvania as well
The members of the Pálinka Knights of Transylvania hope that after discussions with the officials of the Ministry of Agriculture, they can use the pálinka brand name in Transylvania soon...
Read moreAugust 8 is the new day of Earth overshoot
Earth Overshoot Day means the amount of nature we use from January 1 till August 8 is as much as the Earth can renew in the entire year. So it's...
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The Brits admit fewer calories than they actually consume
According to the report of the Behavioural Insights Team (BIT) people eat 3,000 calories in comparison to the 2,000 cited in official surveys – BBC reported on Monday. Director of...
Read moreNÉBIH: Farmers have to use protection against the US grape cicada in time
The golden jaundice disease carried by the US grape cicada may destroy even the entire grape plantation. The insect is difficult to be identified at first because it is similar...
Read moreFive million HUF worth cigarettes were seized in Heves county
In a value of five million HUF four thousand boxes of cigarettes without Hungarian tax stamps and thirteen kilograms cut tobacco were seized by the National Tax and Customs Office...
Read moreMasterCard is launching a new competition: Businessperson of the year 2016
Sorry, this entry is only available in HU....
Read moreA slight decrease occured in global food prices in July
Food and Agriculture Organization of the United Nations announced (FAO), on Thursday, said food prices have seen a slight decrease in July, noting that the decline was the result of...
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Arbitration Board: Customers are more and more conscious
The consumers are becoming more conscious, more and more people know and live their rights, while the businesses are more cooperative, compared to the previous years – Baranovszky György, president...
Read moreAnalysts: the trade surplus exceeded the expectations
The growth of trade surplus far exceeded the expectations of macroeconomic analysts interviewed by MTI. According to the latest reports of the Central Statistical Office (KSH), the value of exports...
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Latest forecast: economic recovery continues in 2016, but in 2017 GDP growth rate may decline in the EU
The BUSINESSEUROPE predicts that in 2016 at EU level a 2.0 percent GDP growth is expected, but the competitiveness of the continent may decrease in 2017. According to the latest...
Read moreWWF: a lot of waste in production and delivery processes
A lot of the waste occurs in production and delivery processes – the Hungarian director of the World Wildlife Fund (WWF) told M1 news channel on Monday. Sipos Katalin said...
Read moreGlobal air cargo and passenger traffic increased in the first half of the year
Global air passenger traffic growth is up 6 percent year-over-year in the first half of the year, according to the International Air Transport Association's (IATA) latest Air Passenger Market Analysis....
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Tisza fish soup was added to the National Depository
The Tisza fish soup was added to the National Depository specified by the Hungarikum Commission – the Minister of Agriculture announced. (by our colleauge)...
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Freight forwarding companies: offering more services is the only way to go
Members of the supply chain expect logistic service providers to keep developing and offering new services. Bálint Varga, the head of Gebrüder Weiss Transport and Logistics Kft.’s sales and marketing...
Read moreOpten: signs of stabilization in the retail sector
The retail sector's revenue declined slightly, but its profitability increased significantly, while the number of employees has not returned to previous levels after the abolition of Sunday store closure –...
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FruitVeB: despite the capricious weather the fruit and vegetable sector may close an average year
The capricious weather caused far smaller than estimated damages to the fruit and vegetable producers. The amount of vegetables will be more than last year’s, while an average quantity of...
Read moreKSH export increased by 5 and import grew by 1.3 percent in June
The value of exports in euros increased by 5 percent, while imports grew by 1.3 percent in June compared with a year before, so the trade surplus increased by 302...
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In one year more than 7,500 tons of banned import foods were destroyed in Russia
More than 7,500 tons of food has been destroyed in Russia since the Kremlin's introduction of a ban on Western imports in August last year – the Russian Agricultural Supervision...
Read moreRomanian retail sales increased by 18 percent in the first half of the year
The volume of Romanian retail sales increased by 18 percent in the first half of the year, compared to the same period of last year – the Romanian national statistical...
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Food products were the most frequently advertised in May
In May 2016 television commercials for groceries reached the most 18-49 year old viewers, as their GRP was 30,813 points, 6 percent higher than in last May. The GRP shows...
Read moreAnalysts: retail sales growth remains in the long-term
Among other things, due the growth of real wages, the increase in employment and the strengthening of consumption, retail sales growth may remain long-lasting for the remainding part of the...
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Watermelon floods Europe
The purchase price of watermelon is low not only in Hungary, but all over Europe. There is an oversupply on the markets – the National Association of Agricultural Economics (NAK)...
Read moreFM: conscious management and control in the wine sector
The Hungarian wine sector needs conscious management and control, this could be a long-term guarantee of success – the Deputy Minister of State of the Ministry of Agriculture announced on...
Read moreThe number of employees continued to increase in the agricultural sector
The number of employees continued to increase in the agricultural sector this year; in the first three months, the sector has employed more than 211 thousand people – the Minister...
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Illegal wells may become legal
A legislative change appeared recently that will legalize the illegally created wells. The legislative change was initiated by the National Agricultural Chamber and will allow the owners of the wells...
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Retail sales decreased in the EU
Eurostat announced that retail trade volume in June in the Eurozone was unchanged from the previous month, while sales decreased by 0.2 percent in the whole European Union. In a...
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Euro zone’s economic growth has accelerated
Euro zone’s economic performance increased with a slightly faster pace in July. It seems that the region got over quickly over Brexit – the Purchasing Manager Index (PMI) of the...
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NAK membership registry complete
The Hungarian Chamber of Agriculture (NAK) has approximately 400,000 members, from primary producers to sole traders to family farms and food industry enterprises. This year the revenue from membership fees...
Read moreWinemakers allowed to use more grapes for vin de pays
Sorry, this entry is only available in HU....
Read moreKSH: retail sales increased by 5.7 percent in June
The volume of retail sales in June, increased by 5.7 percent according to both the raw data and calendar effect adjusted data, compared to the same period of the previous...
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