Market News
Triticale is the crop of the future
Thanks to its wide range of good characteristics, triticale is becoming more and more important as a feed grain – our magazine learned at an international conference in Szeged. This...
Read moreThe trade association proposes to establish a fund to support the retention of labor force
The Hungarian National Retail Federation (MNKSZ) welcomes the fact that the government is examining the possibility to establish a fund to support the retention of labor force. The MNKSZ responded...
Read moreKSH: agricultural producer prices increased by 1.5 percent in June
Due to the 3.5 percent rise in the price of crop products and the 1.8 percent price decline of live animals and animal products, the agricultural producer prices increased by...
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Livestock farmers suffered significant losses
Due to the the increase in feed prices and a simultaneous decrease in the purchase price of animal products considerable losses occured in recent months to the classic livestock sectors,...
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Negotiations are continuing about the wiring costs of the vending machines
By September, all the questions may be cleared about the wiring costs of the vending machines – the president of the professional association of entrepreneurs operating the machines said –...
Read moreThe Hungarian growth is not enough to catch up
The growth of the gross domestic product (GDP) in the second quarter of 2016 surprised the analysts, but the 2.6 percent growth indicator is deceiving. If it is cleaned off...
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NAV: gifts are tax-free at festivals
Gifts given at festivals are tax-free, up to 10 percent of the total costs – was published by the National Tax and Customs Office (NAV) on its website. The Tax...
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1.25 billion HUF application to establish electric charging stations
The Ministry of National Economy’s (NGM) application to establish electric charging stations was published on Monday. For the 1.25 billion HUF non-refundable settlemets with more than 15 thousand inhabitants can...
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The automation trend prevails
There is increasing interest in automatic solutions in the fields of warehousing and logistics, in spite of the fact that only a few Hungarian companies have the necessary budget for...
Read moreThe Hungarian economy increased better-than-expected
In the second quarter the gross domestic product (GDP) increased by 2.6 percent compared to the same period of the previous year after a 0.9 percent rise in the first...
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Raspberry production may cease in Hungary
Hungarian raspberry may disappear from the market, because according to the producers it is less and less worth to deal with the large labor-intensive manual activity – Magyar idők wrote...
Read moreAnalysts: the better than expected GDP data can improve the economic performance of the entire year
The growth of the gross domestic product (GDP) in the second quarter was significantly higher than the expectations of the analysts, so the average performance of this year can be...
Read moreSummer harvested crops reached yields records
Winter wheat, barley and canola reached record yields this year – Nagy István Parliamentary Minister of State of the Ministry of Agriculture said on Friday in Hajdúböszörmény at the press...
Read moreSpecial tax could hit the Sunday afternoon opening hours
Népszabadság informs that the Sunday opening hours would be regulated by the law – portfolio.hu wtote. If a shop would remain open longer it would receive a special tax. The...
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Russia extends the destruction of embargoed food by the end of next year
The Russian government extended the destruction period of imported embargoed food until 31 December 2017 – according to a government decree released on Friday. In August 2014, Russia introduced an...
Read moreChamber of Agriculture: happy farmers after the harvest
After the completion of this year's harvest, farmers are satisfied with the crop, yield and quality – Süle Katalin, the spokeswoman for the National Bureau of Agricultural Economics Association (NAK)...
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Many wild and ornamental plants have more nutritional value than their cultivated counterparts
Many wild and ornamental plants have more nutritional value than their cultivated counterparts, Meredith said. “For example, wild spinach [also called lamb’s quarters] is a common garden weed with more...
Read moreGood results for the German economy
The German economy’s performance expanded at a higher pace in the second quarter than it was expected by experts. In quarterly adjusted terms, Europe's largest economy and economic powerhouse grew...
Read moreStagnant retail sales in the US
U.S. retail sales were stagnant in July, neither gaining much nor losing much, according to the Census Bureau on Friday. Without the sales of cars—which have been an important driver...
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Food products were the most frequently advertised in May
In May 2016 television commercials for groceries reached the most 18-49 year old viewers, as their GRP was 30,813 points, 6 percent higher than in last May. The GRP shows...
Read moreOKSZ: the tightening of rules would cause significant increase in costs
According to the National Retail Federation (OKSZ), if the proposals on Sunday working would be realized, that would cause significant increase in costs. The National Retail Federation (OKSZ) told that...
Read moreFM: 40 billion HUF support for wine investments
The government decided about the opening of a 40 billion HUF wine investment support frame within the rural development program for wine investments. Gál Péter, Deputy Minister of State of...
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The delivery of Hungarian beef to Hong Kong can begin
The delivery of Hungarian beef to Hong Kong can begin, after the Ministry of Agriculture (FM) has successfully agreed with the Hong Kong Food Inspection Authority – the ministry said...
Read moreThis year hail caused less damages than last year in agriculture
The number of hail-stricken farmlands and claims also fell slightly compared to last year, but compensation claims due to the hail were still announced for 44 703 hectares. This year,...
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Hungarian cattle are allowed to enter Turkey again
Hungary can export live cattle to Turkey again. What is more, the conditions for transporting live cattle through Austria to Italy will also improve. More products of animal origin will...
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YuMi, the cooperating robot
Zoltán Paplógó, the director of ABB’s robotics business line told Trade magazin that in Hungary it is the automotive industry that shapes the development of robotics. The director is of...
Read moreFM: consumers are getting more conscious
The customers have become more conscious, paying more attention to where and what kind of service and food they buy – Zsigó Róbert, Minister of State of the Ministry of...
Read moreNGM: moderate inflation in Hungary
A moderate inflation environment can be found in Hungary for two and a half years. This helps in the conservation of wages and pensions values – the Deputy Minister of...
Read moreSunday store closure will not be restored
The fact that the regulation of retail work will be submitted during the autumn parliamentary session period, does not mean that the Sunday store closure will be restored – Fidesz...
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Beer nuts reloaded
We can not speak about summer, gastronomic revolution without beer nuts. Vásárhelyi István gastronomer believes that beer nuts do not need to be greasy or difficult to prepare. The Association...
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