Market News
Chamber of Agriculture: more than fifty tender writers have registered so far to the consultancy network
Up to date, more than fifty tender writers have registered to the online system of the National Agricultural Chamber (NAK). Süle Katalin, spokeswoman for the of the National Agricultural Chamber...
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Illegal meat processing plant was found in Békés County
An illegal meat processing plant was found in Békés county by the inspection group of the National Tax and Customs Office (NAV). The company’s main activity was the wholesale of...
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Euro Zone’s economic performance continued to improve in August
The economic performance in the euro zone has become slightly better-than-expected in August – according to the Purchasing Managers' Index of the Markit Economic Research Institute. The preliminary value of...
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Shoppers like small shops
A survey by Bain & Company found that European consumers like small shops more than super- or hypermarkets. The study involved 30 directors from leading FMCG companies. They reckon hypermarkets’...
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The globalisation of retail trade
A study prepared by the Consumer Goods Forum and Planet Retail claims that retail chains are expanding at a breakneck speed. The 100 biggest chains are present in more countries...
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Producers vs. retail chains
In June the European Parliament adopted Polish MEP Edward Czesak’s report on unfair trading practices in the food supply chain. The main goal of the report is the protection of...
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Magazine: Slowly going greener
The EU waste hierarchy is more and more prevalent in Hungary too, therefore prevention, reuse and recycling are all given more emphasis. According to Anita Simon, director of Biofilter Environmental...
Read moreGKI’s prosperity index returned to this year's low point in August
In August – after a significant rise in July – GKI’s prosperity index decreased significantly (to -3.9 points), thereby returning to this year's low point. According to a survey by...
Read moreWe can run out of pears
Due to the spring frost and the summer ice damages, demand can be larger than supply in case of pears in Hungary. Csizmadia György, Vice President of the Hungarian Fruit...
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A further increase in wages is expected by analysts
A further increase in wages is expected by analysts interviewed by MTI, who foresee that household consumption will be the driving force of economic growth. According to data published on...
Read moreThe WTO considers the Russian ban on pork illegal
The world trade organization (WTO) declared illegal the Russian ban on import of live pigs, fresh pork and other pig products from the EU. This was reported on the website...
Read moreAgricultural Chamber: game damage is a growing problem in the country
The game damage is becoming a growing problem in the country. The agricultural game damage (that was paid out) in 2015 amounted to 2.3 billion HUF – the National Agricultural...
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Hungarians working abroad sent less money last year
“Hungarians working abroad sent less money last year than the year before, according to the data of the World Bank” – Világgazdaság wrote. According to preliminary data, the Hungarians working...
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The majority of office supplies corresponded to the consumer protection standards
The National Consumer Protection Authority (NFH) examined pencil boxes, erasers, color pencils and exercise clothing on the occasion of the starting of the school year. Deficiencies were found in case...
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Bisnode: the proportion of bills paid on time minimally increased further in the first half of the year
Although the proportion of bills paid on time minimally increased further in the first half of the year in Hungary, although the average length of delay in payment has also...
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The retail sales of electronic goods decreased in Germany
The retail sales of consumer electronics declined in the first half of the year in Germany – accoring to the CEMIX index published on Monday. In the first half of...
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Kalashnikov opens a shop at Moscow’s Sheremetyevo airport
Kalashnikov is to open a souvenir shop at Moscow airport offering t-shirts, pens and model AK-47 assault weapons. The store is part of Kalashnikov's effort to move into the world...
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Facts about the Blueberry Princess cake!
This year, the Blueberry Princess cake has become Hungary’s Sugar-free Cake by winning the Hungary’s Sugar-free Cake competition. Calculated nutritional data: A slice of cake contains 228 kcal of energy,...
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Growing gap between livestock and vegetable product prices
In April 2016 agricultural production prices increased by 0.4 percent from the level of April 2015. This rise was driven by the price of vegetable products growing by 4.2 percent....
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Back to the future with Hungary’s economy
Világgazdaság organised a conference titled ‘Hungarian Economic Summit 2016’, where experts were trying to answer the question: What will be the world like in 10 years’ time? András Inotai, a...
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POS/POP solutions from a manufacturer’s perspective
POS tools can motivate shoppers for buying and at the same time they also increase consumer consciousness and generate buying impulses. The secondary displaying of products can boost sales and...
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What influences our eating habits?
NAK participates in the international project called EATMOT, which sets out to learn more about how consumers choose food products and what shapes their eating habits. The EATMOT (Psycho-social associated...
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KSH: net earnings increased by 7.3 percent in June
In June, the gross average wage was 5.7 percent higher than a year earlier, while the net average wage increased by 7.3 percent due to changes in personal income tax...
Read moreThe new government regulation on tobacco packaging entered into force
The new government regulation on tobacco packaging entered into force on Saturday. Under the government decree, the new tobacco products will be marketed in an unified package, while the brands...
Read moreSlovenia and Hungary may become partners at the high quality and GMO-free food market
Hungary is at the forefront of GMO-free food production, while Slovenia is strong in the production of high-quality agricultural and food products – Oláh Zsanett CEO of the Hungarian National...
Read moreThe advance payment of agricultural subsidies to begin in mid-October
Similarly to last year, the advance payment of agricultural subsidies may begin in mid-October this fall – Deputy Minister of State responsible for agriculture said at a conference on Friday....
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Charge brought against a criminal organization selling food
The authorities seized more than 250 tons of expired food – said the prosecutor's office spokeswoman told MTI on Friday. Gyugyi Csilla said that the criminal organization – including four...
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Inflation increased in the euro zone and in the EU in July
Inflation continued to rise in July in the euro zone and in the European Union – EU’s statistical office, the Eurostat reports. In July, annual inflation rose to 0.2 percent,...
Read moreRecord wheat crop in Romania
This year, 8.41 million tonnes of wheat was grown in Romania, which is the best harvest in the last ten years – Achim Irimescu Romanian agriculture minister said. According to...
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