Market News
Erste: savings will remain high, Hungarians are characterized by safety endeavors
According to Erste Group’s survey, the amount of monthly savings increased the most in Hungary among the savers: compared to last year’s monthly 14 900 HUF, they can save a...
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Eight countries have introduced ban on imports of Hungarian poultry yet
Because of the bird flu virus, Taiwan also restricts the entry of the Hungarian poultry and poultry products into the country, so until now eight non-EU countries have introduced ban...
Read moreA change in the composition of the Szekszárd Bull's Blood
From the 2016/17, wine market year, the composition of theSzekszárd Bull's Blood will change, while the processing area outside the wine-growing areas of the Szekszárdi wines will expand as well....
Read moreThe plum and quince pálinka of the Nagykunság may get EU origin protection
According to Gál Péter, Deputy Minister of State certain geographical areas in Hungary are extremely capable for the cultivation of fruit varieties, and on these lands high-quality pálinkas are made...
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Tricky bakeries in Miskolc
The staff of the National Tax and Customs Office (NAV) found a bakery network tricking with the sales revenues in Miskolc. The employees of the bakery, operated by foreign citizens...
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About climate change for children
The Climate Change Challenge Badge education pack is now available in Hungarian language as well. Children between the ages of 5 and 18 can learn about the climate change in...
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Pentalogy on company management
Professor Štefan Kassay is an active participant in shaping Slovakia’s economic diplomacy. He introduced the 4th and 5th volumes of his 5-volume book series Vállalat és vállalkozás (Companies and Enterprising)...
Read moreFAO: we can expect better than expected grain harvest and stable stocks
The prices of the basic agricultural crops increased by 0.7 percent in October (172.6 points), which is almost 10 percent higher than the level recorded this time last year. The...
Read moreThe planting of vineyards is a strategic issue
In terms of the future of the grape and wine industry, the planting of vineyards is a strategic issue – the Ministry of Agriculture (FM) believes. Czerván György, Minister of...
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The sheep and goat sector expanded significantly in the past five years
The sheep and goat sector performed well in recent years. Its output at current prices increased by nearly 50 percent between 2010-2015, while in volume, growth was 11 percent –...
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The NÉBIH found contaminated Hortobágy pancakes
The National Food Chain Safety Office (NÉBIH) tested 21 Hortobágy pancakes amongst the home delivered meals. The microbiological laboratory results detected microorganisms indicating contamination in seven cases, in two cases...
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Lángos fans cast their vote
There were 657 lángos (deep fried flat bread) buffets nominated for the title of best lángos joint, awarded by cooking oil brand Vénusz. Mester Lángos Buffet in Békéscsaba got the...
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Whisky brand in search of role models
Whisky brand The Famous Grouse has started a campaign on Facebook, looking for a role model. Scotland’s leading whisky brand will support the role models in their charity work with...
Read moreAnalysts: the growth of retail sales can remain sustained
Due to the real wage growth, rising employment and a stable consumer confidence, the growth of retail sales can remain sustained for the remainder of the year – analysts told...
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(HU) Nielsen: a sörös, üdítős és pudingos tv-reklámok a legnépszerűbbek
In the third quarter of this year, TV viewers watched beer spots among the food TV ads the most and among the lotions TV ads, toothpaste got the most views...
Read moreGfK: purchasing power is increasing in Central and Eastern Europe
This year Budapest and its surroundings, as well as the Austrian border is the wealthiest region in Hungary. This year, the purchasing power per capita increased by only 0.3 percent...
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Good quality, but fewer grapes grown this year in Villány, compared to last year
Good quality, but fewer grapes grown this year in Villány, compared to last year – Nagy Gergely, the mountain village council secretary told MTI on Wednesday. Wine makers are confident...
Read moreApplications can be submitted to agri-environment support until early December
Grant applications may be submitted to the new agri-environment (AKG) program until 2 December – the Prime Minister's Office announced. For the 40 billion HUF sources, grape and fruit planters...
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The Hungarian Red Cross is expanding its private label products with Chritmas fondants
The Hungarian Red Cross has a new idea to increase its sources. The Hungarian Red Cross is the first out of the Hungarian charitable organizations that starts trading activities with...
Read moreRetail sales increased by 4.7 percent in the Czech Republic
Retail sales increased by 4.7 percent in the Czech Republic in September, compared with a year before. In August, the increase was 8 percent, but this year two more working...
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Hungarian grocery retail is still among the leaders
Like-for-like value sales increased by 2.5 percent in Hungary’s grocery retail in the 2nd quarter of 2016. In this respect the European average was plus 0.8 percent. Hungary’s value sales...
Read moreFM: the reduction of VAT on pork carcass meat caused smaller than expected budget revenue shortfall
The expected budget revenue shortfall was 20-22 billion HUF. The real budget revenue shortfall has become less than half of the expected amount – the Head of the Division of...
Read moreThe 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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