Market News

FAO: cattle disease spreads fast

The lumpy skin disease among cattle is spreading very fast. The disease in recent weeks has reached Serbia, Albania and Montenegro, and can even appear in Hungary – the UN...

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Consumer prices down 0.2 percent in May

In May like-for-like consumer prices dropped 0.2 percent according to the Central Statistical Office (KSH). In comparison with May 2015, food prices didn’t change. Sugar prices soared by 19.7 percent...

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Non-FMCG category, SILVER MEDAL: HD Group, Budapest Airport Budapest Airport – Close to your heart – promotional competition

Budapest Airport and HD Group implemented this Valentine’s Day activity on 9-15 February 2015. The campaign’s objective was to improve Budapest Airport’s passenger-friendly image, to increase sales of shops in...

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FM: 300 million HUF additional national support to the fruit and vegetable producer organizations

The fruit and vegetable producer organizations can claim for additional national support on a value of three hundred million HUF in Central Hungary, the Great Plains, the Northern region and...

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NGM: an increase in retail sales confirms the spending of income

The increasing retail sales justify increasing household spendings – Simon Attila, Deputy Minister of State of the Ministry of National Economy (NGM) responsible for labor market told M1 news channel...

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Food is the most expensive in Slovakia among the Visegrád countries

Among the Visegrad Group (Hungary, Slovakia, the Czech Republic and Poland) the highest food prices can be found in Slovakia, although they still remain under the European Union (EU) average,...

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KAVOSZ: the frost-affected farmers can also receive full support

After the farmers who suffered ice damage, those agricultural enterprises suffered frost-damages can also benefit from the full support under the Agricultural Széchenyi Card (ASZK) scheme – the KAVOSZ Zrt....

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More winter wheat grown this year in Zala county

More winter wheat was grown this year in Zala county: Winter wheat was grown on 12 thousand hectares. The average yield was 5.9 tons, compared to last year’s 5.2 tons...

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Most of the Hungarian have never met with black market cigarettes

According to the majority of Hungarians the main problem of contraband cigarettes is not that the state generates less income tax, but the quality of these products are not controlled...

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If you have diabetes, then you better watch out in the shops!

The shelves of diabetic products will disappear from the shops as well as the diabetic designation – the orange circle – will disappear from the products after July 20. The...

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A decrease in the economic performance of the euro area

A less than expected decrease occured in the economic performance of the euro area, but the preliminary data of the Purchasing Managers Index (PMI) is standing in July on its...

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Laws amended in favour of the agri-food sector

Recently the Hungarian parliament modified several laws in a way that the agri-food sector benefits from the changes. For instance upon the proposal of NAK and the Association of Hungarian...

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Consultation on food industry grants in Csorna

In the summer two grant programmes will be announced which are open to medium-sized and large food industry companies as well. At the end of June NAK and the representatives...

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Dairy Product Board: the EU support saves the milk producers

The EU support of 3 billion HUF (9.5 million euros) aid package is a significant help to the Hungarian dairy farmers – according to the Chairman of the Dairy Interprofessional...

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FM: compensation fund should be enough to treat the damages of this year

By next March, 24 billion HUF will be available in the compensation fund, which is likely to be enough to treat this year’s damages – the Ministry of Agriculture (FM)...

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The Nébih impose fines due to marking errors detected in salad mixes

The National Food Chain Safety Office (Nébih) tested pre-packed salad mixtures and their major components. During the examination the professionals found tagging errors in case of 10 pre-packed salad mixtures....

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Roundtable discussion at the Free University about the agriculture trade opportunities

The improvement of foreign trade results in agriculture can be expected from the growth of highly processed products – the speakers of the roundtable discussion emphasized. The roundtable discussion was...

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The farmers in Romania are encouraged to form cooperaties

Romanian President Klaus Iohannis published the law amendment on Thursday – the Romanian president's office announced. The Romanian Parliament adopted the amendment of the 2004/566 law at the end of...

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Milling and baking industry meeting in Hajdúnánás

On 8 June NAK’s regional office in Hajdú-Bihar County organised a meeting for the representatives of the milling and baking industry at Hajdú Gabona Zrt.’s mill in Hajdúnánás. The two...

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AK amends statutes

In order to make the administrative burden smaller, the Hungarian Chamber of Agriculture (NAK) decided to amend its statutes. Primary producers who sell their produce for less than HUF 600,000...

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The Czechs are among Europe’s most optimistic consumers

In the Czech Republic the consumer confidence index is one of the highest in Europe. In Q1 2016 the Germans, the Brits and the Czechs were all at 97 points...

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Magazine: BREXIT: What comes next?

In a referendum held on 23 June 2016, 51.89 percent of British voters said yes to the United Kingdom leaving the European Union. In the short term this decision is...

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VHT: increasing buying prices in the pig sector

After the low point early this year, the purchase prices are growing, and so market conditions in the pig sector are rearranged – the Secretary of the Livestock and Meat...

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Analysts: household consumption will be the engine of economic growth

Household consumption will be the driving force of economic growth – analysts interviewed by MTI evaluated the data of the Central Statistical Office (KSH). According to the data of the...

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Domestic watermelon promotion program starts

The National Agricultural Chamber and the Agricultural Marketing Centre Nonprofit Ltd. launches a promotion program to popularize Hungarian melon. The program is launched with the co-operation of six chain of...

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KSH: gross earnings grew 6 percent in May

In May gross earnings increased by 6.0 percent. Net average earnings increased with a higher extent, due to the changes in personal income tax, by 7.6 percent, compared with a...

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Women employment rate is increasing in Hungary

The rate of female employment in Hungary is increasing, it is slowly reaching the European Union’s average as well – the Minister of State of the Ministry of Human Resources...

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FAO Report: dry areas of the Earth should be handled with special attention

Special attention should be paid to the dry areas of the world, because climate change will further strengthen the negative effects of droughts, desertification and land degradation – the report...

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A decrease in Hungary’s living cattle imports

The chain of stores in Hungary support the market access of the Hungarian producers, but in many cases they are forced to import foreign products, if domestic supply capacities are...

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One hundred and ten thousand boxes of smuggled cigarettes were found in a Bulgarian truck

The finance guards found one hundred and ten thousand untaxed cigarettes in a Bulgarian truck hidden among watermelons on the M43 motorway – the National Tax and Customs Office (NAV)...

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