Market News
OKSZ: the new regulatory proposals of trade violate the interests of consumers
According to OKSZ, such package of measures was prepared for the government that curbs the further development of trade as a whole – including small businesses – as well as...
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Milk Truck to promote milk consumption
The Milk Marketing Board plans to start a Milk Truck in the spring to promote the consumption of dairy and milk products, as well as health-conscious diet – agrarszektor.hu wrote....
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Smink mindenekelőtt: tízmilliárdnál is többet költöttünk dekorkozmetikumokra tavaly
Az arc-és testápoló termékek, valamint a dekorkozmetikumok piacán töretlen felívelés egy optimista időszak szintén optimista leképeződése. A magyarországi fogyasztói bizalom stabilizálódása és a kiskereskedelmi piac európai átlag fölötti, dinamikus bővülése...
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Food adulteration is the largest business after drug trafficking in the EU
According to the survey of the European Union, forgery and tax evasion are the biggest illegal business after drug trafficking – Helik Ferenc of the National Food Chain Safety Office...
Read moreThe 2017 Country Tasting has started
The Ministry of Agriculture (FM) announced again the Country Tasting in four categories under the National Wine Excellence Programme. This year one can compete in four categories – white wines,...
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MEPs urged stricter food inspections
The MEPs approved the new regulation enabling to tighten the EU food inspection system at the European Parliament’s plenary session in Strasbourg on Wednesday – the press service of the...
Read moreSeveral group of companies can bring their R & D centers to Hungary
The Organisation for Economic Cooperation and Development’s (OECD) action plan against tax evasion recently tightened the international rules on discounts related to intellectual products (intangible products). Due to the combined...
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Drones can replace the dying bees
Today’s massive bee mortality is not only dangerous for humanity, because we may have to look for other sweeteners instead of honey in the future – agrarszektor.hu wrote. If the...
Read moreThe Chamber of Agriculture calls for the development of a national integration system
Because of the fragmentation of the agricultural sector it is necessary to build an integration system that is available at local, regional and national levels – Győrffy Balázs, president of...
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Inflation increased in the euro area and in the EU in February
Euro area’s annual inflation became 2.0 percent in February 2017, up from the 1.8 percent in January. In February 2016 the rate was -0.2 percent. European Union annual inflation was...
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Chamber of agriculture plans agri-expo and arable land days
NAK will organise the 21st Pápa Agricultural Expo between 19 and 21 May 2017. In 2016 there were more than 12,000 visitors at this event. The 1st NAK Arable Land...
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The tracking platform is on the right track
It was one year ago that the National Food Tracking Platform (NÉNYP) was established. In the next year the platform will be busy preparing sector-specific guidelines based on relevant laws...
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KSH: agricultural producer prices continued to fall in January
In January, agricultural producer prices decreased by 2.6 percent compared to the same period of the previous year. The decline was the result of the 8.9 percent decline in the...
Read moreThe breweries would reduce the VAT on draft beer
The big brewers and small-scale distilleries turned together to Varga Mihály National Economy Minister to extend the local dining preferential VAT on draft beer – Világgazdaság wrote. As it is...
Read moreThe e-commerce and dual product quality are in the focus of this year’s consumer protection
The regulation of e-commerce and eliminate the double product quality are in the focus of this year’s consumer protection, but the monitoring of the product demonstrations remains a priority as...
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The performance of agricultural exports is outstanding for years
The driving force behind the Hungarian economy was agriculture in 2016, the performance of agricultural exports is high for many years – Czerván György, Minister of State for the Ministry...
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A new era of eating problems has begun
Overweight and obesity are more frequent and a whole range of diseases will comewith them – the new FAO report on the European and Central Asian region reveals. Due to...
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Good crop prospects in orchards, despite the harsh winter
The unusually cold winter frost did not cause significant damage to the orchards – the Hungarian Horticultural Propagation Management Company (MKSZ) states on the basis of laboratory tests of fourteen...
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Cooperation agreement between the NÉBIH and the Association of Excise Services
The National Food Chain Safety Office (NÉBIH) and the Customs, Excise and Taxation Service Providers Association (VJASZSZ) signed a cooperation agreement to contribute to the fight against food adulteration and...
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Crisis in the ostrich industry in Hungary
The ostrich industry in Hungary is in trouble. Demand declined significantly, sales prices decreased, the profit is mainly goes to the Slovak, Romanian, Italian and Czech processors, so fewer and...
Read moreWe spent seventeen thousand billion last year
In 2016, the consumption spending of families rose by 5 percent faster than in-store purchases. The 17 thousand billion HUF spendings roughly correspond to the level of the spendings of...
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NÉBIH: 12 million investigations within five years
Since its inception, the National Food Chain Safety Office (NÉBIH) initiated more than 12 million investigations and restrained approximately 10 billion HUF VAT and other tax avoidances in the past...
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Analysts: foreign trade surplus is decreasing, but remains high
Foreign trade surplus is expected to decrease this year, but still remains high – according to analysts commenting the most recent data of the Central Statistical Office (KSH). According to...
Read moreMore than 6,300 tons of tobacco grown last year in Hungary
In Hungary, a total of 6343 tons of tobacco was produced in 2016 on 3366 hectares. Compared to the figures from two years ago the average yield increased, while area...
Read moreThe Chamber of Agriculture issued eighty thousand fewer farmers’ certificates
Compared to recent years, the Chamber of Agriculture issued more than eighty thousand fewer farmers’ certificates. Süle Katalin Chamber presidency spokesperson told M1 news channel on Monday that the decline...
Read moreSurvey on the British spending habits
Britain is a nation of vodka drinkers who wear Nike, prefer to gamble at Ladbrokes and don’t realise Brexit will make life more expensive, according to a consumer survey by...
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The NAV seized twelve thousand bottles of fake perfumes
The finance guards of the National Tax and Customs Office (NAV) seized twelve thousand bottles of fake perfumes hidden in a warehouse – the press officer of NAV’s Bács-Kiskun County...
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Annual market nears 30 billion forints
Combined sales of the five hair care categories Nielsen monitors realised 3 percent higher value sales between December 2015 and November 2016 than a year earlier. The 12-month market exceeded...
Read moreChamber of agriculture joins Brussels lobby group
The Hungarian Chamber of Agriculture (NAK) joined Brussels-based lobbyist The Association for Better European Access to Nutrients (ABEAN). ABEAN is lobbying for the abolition of the 6.5-percent import duty on...
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Consumer recognitions can bring significant sales growth
The winning of the Product of the Year Award (POY) award may bring an average of 40 percent increase in traffic for the brands, but the scope of consumers may...
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