Market News
The KSH measured a one percent inflation
Consumer prices were on average 1.0 percent higher in October than a year before, while compared with the previous month, prices increased by an average of 0.6 percent – the...
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Deloitte: increasing household lending characterizes the region
Increasing total assets and lending, positive profitability, and reduction in the proportion of non-performing loans – Deloitte’s research projecting the bank market outlooks of eight Central European countries until 2018...
Read moreSerbia can be a major agricultural partner of Hungary
Serbia can be one of Hungary’s most important agricultural partner in the coming years – the Hungarian Minister of Agriculture told on Monday in Budapest, where he negotiated with Branislav...
Read moreKSH: retail sales strengthened further
In September, the volume of retail sales increased by 5.1 percent, compared to the same period of last year, both according to calendar adjusted and raw data – the Central...
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The NAV concluded an agreement with the Dairy Product Council
The Milk Interprofessional Organization and Marketing Board is working together with NAV in the monitoring of the Hungarian dairy trade market and in the making of the conditions in the...
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Several countries have introduced import bans on poultry from Hungary
Due to the avian influenza virus detected in Békés county, several countries outside the European Union have banned the export of live poultry and poultry products from Békés county and...
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Retail sales declined in the euro area in September
In September, retail sales decreased both in the euro zone and the EU, compared to the previous month, but increased in an annual comparison – the European Union's statistical office,...
Read moreRomanian retail sales expanded by fifteen percent
In the first three quarters, the Romanian retail sales increased by 15.5 percent, compared to the same period of last year – the Romanian national statistical institute announced on Monday....
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Sichuan is interested towards Hungarian agricultural products and agricultural technologies
China's third largest province Sichuan is highly interested in the Hungarian agricultural products and agro-technologies – the Ministry of Agriculture (FM) told MTI on Friday. According to the communication, the...
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Shanghai mall creates husband nursery while wives shop
A husband nursery set up in a new shopping mall in Shanghai has attracted many curious shoppers – wrote hvg.hu. after chinanews.com. Photo: chinanews.com The room, equipped with comfortable chairs,...
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Preparing for the ‘Honey from the Producer’ campaign
With contribution from NAK, the Hungarian National Apiculture Society (OMME) started preparing for the marketing campaign popularising honey made by Hungarian beekeepers. The programme starts this autumn and will call...
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Further growth in television ad spending
Between February 2015 and January 2016 baking ingreTea sales exceeded HUF 12 billion in the last two cumulative years. Like-for-like value sales stayed put but volume sales declined by 2...
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Nielsen: consumer confidence on a six-year record
The consumer confidence index of the Hungarian consumers increased significantly, by seven points from the second quarter to the third quarter. The consumer confidence index of the Hungarian consumers is...
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European Commission: the Hungarian advertising tax legislation infringes EU rules
The Hungarian advertising tax legislation infringes the EU rules on state support, since its progressive tax rate provides a selective advantage to certain companies – the European Commission announced on...
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Hungarian Advertising Association: the advertising tax is harmful to the entire economy
The Hungarian Advertising Association (MRSZ) still believes that the advertising tax is not only harmful to the industry, but also to the whole economy – the association told MTI on...
Read moreMore effective action is needed in the case of non-cultivated vineyards
The wine law amendment – submitted last week to the National Assembly – will provide more effective actions in the case of non-cultivated vineyards. The wine law amendment among other...
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Fazekas Sándor: we can triple the Hungarian agricultural exports to Ukraine
According to the Minister of Agriculture, due to the emerging relations the Hungarian agricultural exports can be tripled to Ukraine. Summarizing the results of his two-day visit to Kiev, Fazekas...
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Japan bans Hungarian poultry
The Japanese Ministry of Agriculture forbade the importation of certain Hungarian poultry products on Saturday – index wrote. The ban on chickens, ducks, turkeys and other poultry products was brought...
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Bird flu was detected at a turkey farm in Békés county
The National Food Chain Safety Office (NÉBIH) detected bird flu in a turkey farm near Tótkomlós in Békés county. The authority took the necessary measures – the Ministry of Agriculture...
Read moreAir freight and passenger traffic increased worldwide
According to the International Air Transport Association’s data, air freight and passenger traffic increased significantly worldwide in September, compared to the previous year. The International Air Transport Association (IATA) announced...
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Magazine: Hungarian SMEs and business management system use
The Hungarian government supports the acquisition of enterprise resource planning (ERP) systems by SMEs in many ways. However, ERP system use is only spreading slowly, in part because firms that...
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The Wholesale Market is celebrating its 25th anniversary
Hungary’s biggest wholesale market, specialized on the selling of vegetables and fruits opened its gates in the Nagykőrösi road in the summer of 1991. Now the Wholesale Market is situated...
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NÉBIH can reduce the waste of food from EU funds
The European Committee supports the implementation of environmentally friendly projects from more than 220 million euros. The National Food Chain Safety Office (NÉBIH) receives 1 million euros funding to implement...
Read moreCigarettes prices will increase next year
The new excise regulations adopted by the Parliament on 7 June 2016 do not take effect on the planned date, on 1 January 2017. The proposed new date is 1...
Read more(HU) IFS Élelmiszer-biztonsági Konferencia (2016. november 10.)
Sorry, this entry is only available in HU....
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Net sales of the top 100 enterprises in Vas County has continued to grow
The net sales of the hundred most successful companies in Vas County in 2015 were more than 1116 billion HUF. Compared to the previous year, net sales increased by 17.6...
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Fake drugs cause 130 billion HUF damages in Hungary
Every year, the fake drugs cause about 130 billion HUF damages in Hungary. It is 13 percent of the total domestic drug traffic and 4 percent of the fake drug...
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Expansion of private labels stopped in the first half of the year
Private label grocery product sales have been growing for years, but in the first half of 2016 this expansion came to a halt: like-for-like PL grocery product sales grew just...
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Drugstores strengthened their position
Paper diapers: in a 6-month period paper diaper sales were realised in the value of nearly HUF 10 billion. Value sales augmented by 5 percent and volume sales were up...
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Magazine: Money travelling at the speed of light
Online banking services are now present in the life of every enterprise. Tamás Győr, head of the corporate business development directorate at Erste Bank told that they plan to expand...
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