Market News
Growing global food prices
Date: 2016-09-09 11:58:41
Food prices in August rose to their highest level in 15 months as advancing dairy and palm oil markets outweighed weakness in grains, which have been depressed by prospects of...
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The re-licensing of the omline cash registers will cost 60-70 thousand HUF to the users
Date: 2016-09-09 11:32:50
In addition to the fact that those who are obliged to buy online cash registers that are connected to the system of the NAV should by the machines, those companies...
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Analysts: this year's inflation will be around half percent
Date: 2016-09-09 11:20:44
The macroeconomic analysts, interviewed by MTI expect an average inflation of 0.5 – 0.6 percent this year. The National Economy Ministry (NGM) in connection with the statistical data highlighted that...
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Expired food products were found by finance guards in Szeged
Date: 2016-09-09 11:02:15
Large quantities of expired meat products, canned goods, dairy products and sweets, as well instruments used to re-package were found at the premises of a company in Szeged – the...
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Breads and pastries were examined by consumer protectors
Date: 2016-09-08 11:59:36
Among the examined 80 products 31 were breads and 49 pastries. Problems were found in case of 9 breads and in case of 21 pastries. Problems were found in 30...
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The Apple Marketing Board is concerned about the low purchase prices
Date: 2016-09-08 11:40:02
The Apple Marketing Board is concerned about the low purchase prices. The organization's presidency drew attention on Thursday that if prices do not rise substantially in the coming years, production...
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Nielsen: More than three-quarters of a million Hungarians followed the Olympic coverage on TV in the early hours
Date: 2016-09-08 11:27:14
Every night between 2 and 4 am, 790 thousand fifteen years old and older Hungarians were watching at least twenty minutes of television coverage. Among the sports in which the...
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KSH: imports decreased more than exports in July
Date: 2016-09-08 11:22:45
In July, the value of exports in euros decreased by 5.2, while imports decreased by 6.0 percent compared to the same month of last year. The trade surplus rose by...
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New markings inform about the use of potato
Date: 2016-09-08 11:22:03
New varieties (A, B, C) markings inform customers that the potatoes they wish to buy are suitable mainly for baking, cooking or pastry making – the Deputy Chairman of the...
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The NAV found a manufacturing plant in Budapest making counterfeit detergents
Date: 2016-09-08 11:02:57
The National Tax and Customs Office (NAV) found a manufacturing plant in Budapest making counterfeit detergents. According to the communication of the NAV sent to MTI on Thursday, the finance...
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Hungarian beef in Hong Kong
Date: 2016-09-08 10:31:16
Thanks to an agreement reached by the Ministry of Agriculture and the Hong Kong food safety authorities, Hungary can start exporting beef to Hong Kong. Five Hungarian businesses, located in...
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Magazine: The race for funding will continue in the autumn
Date: 2016-09-08 07:56:27
In September the Prime Minister’s Office (PMO) plans to announce new grant programmes for farmers. From the Rural Development Programme’s HUF 1,300-billion budget (for the 2014-2020 period), the PMO has...
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OKSZ: the mitigation of labor shortages would be necessary in the commercial sector first
Date: 2016-09-07 11:50:47
According to the communication of the National Retail Federation (OKSZ),the OKSZ still believes that the government made the right decision in April, when restored the former rules on Sunday working...
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Analysts: investments are needed to achieve higher growth
Date: 2016-09-07 11:45:02
On the basis of the detailed GDP figures this year’s economic growth may be even more favorable than the analysts' expectations – according to analysts interviewed by MTI, who also...
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The farmers expect a better vintage at the Szekszárd wine region compsred to last year
Date: 2016-09-07 11:20:04
More and better grapes are expected at the Szekszárd wine region this year, where harvest begins with the early varieties of grapes for rosé wines. The winemakers of the wine-growing...
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Mihály Varga: the NAV is prepared to introduce online cash registers in January
Date: 2016-09-07 11:12:23
The National Tax and Customs Office (NAV) is prepared to extend the mandatory use of the online cash registers in January. Varga Mihály told journalists on Wednesday in Budapest that...
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Sixty-seven Hungarian companies among the biggest companies in Central and Eastern Europe
Date: 2016-09-07 11:10:18
Sixty-seven Hungarian companies are among the 500 companies with the largest turnover in 2015 in Central and Eastern Europe. The company list (CE TOP 500) was published on Wednesday by...
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Europe's first beer fountain was opened in Slovenia
Date: 2016-09-07 11:02:44
Europe's first beer fountain the Green Gold was opened in Zalec in Slovenia – the local media reported on Wednesday. Janko Kos mayor wants to boost tourism in the small...
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An increase in air passenger and freight traffic
Date: 2016-09-07 11:01:43
According to the data of the International Air Transport Association (IATA), passenger and freight traffic in July, compared to the same period of the previous year. According to the communication...
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Hungarian apricot in Vienna
Date: 2016-09-07 10:26:37
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that on the 31st week, the price of apricot was HUF 400/kg at the...
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Another record: sales neared 3.4 billion forints at the end of 2015
Date: 2016-09-07 10:18:42
In November-December 2015 seasonal sweets were sold in retail for a record-breaking HUF 3.4 billion. 655 tons of seasonal confectionery products were sold and like-for-like value sales rose 7 percent....
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Magazine: Classics reloaded
Date: 2016-09-07 07:21:09
Christmas gift packs not only sell well: sales keep growing, too. According to Nóra Schleisz, Unilever Hungary’s gift brand manager, during the busy days before the Christmas holiday it is...
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Analysts: the slowdown in retail sales growth is only temporary
Date: 2016-09-06 11:50:06
The slowdown in retail sales growth is only temporary. In the next few months, the previous momentum may return – according to experts interviewed by MTI. Ürmössy Gergely, senior macroeconomic...
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KSH: GDP increased by 2.6 percent in the second quarter
Date: 2016-09-06 11:45:57
The volume of the gross domestic product grew by 2.6 percent in the second quarter, compared to the same period of last year. According to the seasonally and calendar adjusted...
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KPMG: European family businesses are optimistic
Date: 2016-09-06 11:10:21
Despite the low growth environment and difficulties in the labor market, the European family businesses are flexible and successful – according to KPMG’s survey. The leaders of family businesses believe...
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The indigenous small livestock development project is near completion
Date: 2016-09-06 11:07:34
The indigenous small livestock development project has many results, including the breeding indicators of the indigenous turkey have improved opposite to the hybrid turkey – was said on Tuesday in...
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Tobacco shop robbers were arrested in Szabolcs County
Date: 2016-09-06 11:06:36
Four suspects were arrested in Szabolcs-Szatmár-Bereg County who robbed eight national tobacco stores – the press office of the police told MTI on Tuesday. According to the information the robberies...
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Slowdown in GDP growth in the euro area
Date: 2016-09-06 11:05:17
In the second quarter, GDP growth slowed in the euro zone and in the European Union – according to the report of Eurostat published on Tuesday. According to the third...
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Romanian retail sales grew by more than 10 percent in July
Date: 2016-09-06 11:03:39
The sales volume of Romanian retail expanded with 11.7 percent in July in a year over year comparision. The seasonal and calendar effect adjusted value shows a 13.8 percent growth....
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KSH: an increase in retail sales in July
Date: 2016-09-05 11:50:18
According to the raw data the volume of retail turnover in July, increased by 2.7 percent. The calendar effect adjusted data rose by 3.8 percent compared to the same period...
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