Market News
More than 100 thousand companies are waiting for the opinion of the employees on the Hungarian community site
The Munkatársaim.hu. social networking site of the Hungarian workers and companies was launched more than a year ago. The aim of the initiative is to let the employees to draw...
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The retail of the EU and the euro zone increased in January
Retail sales in January increased in the euro zone and in the European Union, compared to the previous month. EU's statistics office, the Eurostat announced on Thursday that, according to...
Read moreFrance is no longer the number one trading partner of Germany
The United States became the top destination for German exports last year, overtaking France for the first time since 1961 thanks to an upturn in the U.S. economy and a...
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We gather information online and buy offline
Google’s survey found that the proportion of those consumers who gather information and buy online is the lowest, 1 percent in the FMCG category. In 40 percent of cases looking...
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Magazine: Franchise format becoming more popular in Hungary
András Tóth, the president of the Hungarian Franchise Association (MFSZ) talked to our magazine before their 2016 Award Ceremony and Gala Dinner. He told that there was growing interest in...
Read moreGfK: consumption of healthy foods is increasing
Although still many people give up conscious eating due to their limited financial means or because of conflicting informations, the demand for healthy food continues to grow – according to...
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An increase in advertising spendings in 2015
Advertising spendings in 2015 increased by 2.81 percent and amounted to 194.37 billion HUF, compared to the 189.05 billion HUF of 2014 – Hivatal Péter, a member of the Hungarian...
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The government decided about the comprehensive plan of action for the dairy sector
The government decided about the comprehensive plan of action for the dairy sector – the government's decision will be published in the Hungarian Official Gazette (Magyar Közlöny). In the decision,...
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The total media market revenue is over 96 billion HUF in 2015
The printed media still has an enormous impact on consumers, opinion leaders and on the whole society. The press market reached 32.234 billion HUF advertising revenues and 57.952 billion HUF...
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The implementation of the Tokaj Wine Region Community Infrastructure Program is possible
The implementation of the Tokaj Wine Region Community Infrastructure Program is possible, because the Government is supporting it – the government's decision on this was published in Tuesday's issue of...
Read moreInland water damages the autumn crops
The inland water damages 30-40 percent of the autumn crops (wheat, barley and canola) in Békés county – Barabás Béla, secretary of the Békés County Farmers' Federation told MTI on...
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NAV: the sale of wild collectible products has been simplified
From January the collecting of herbs and spices, wild fruits and fungi has been simplified, as well as the selling of snails to individuals. According to the communication of the...
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One ton of tripe was seized near Komárom
The finance guards of the National Tax and Customs Office (NAV) seized one ton of pacal (tripe) from Austria near Komárom on the M1 motorway – the NAV told MTI...
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Expertise and chemicals in a box
Many small garden owners face the problem, when and how to spray their plants with chemicals. The Corax-Bioner Biotechnológiai Zrt. makes spring garden works easier with its new concept. The...
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Prices reduced 0.1 percent last year
Compared with December 2014, consumer prices were 0.9 percent higher in December 2015. Grocery prices rose 2.2 percent and within the category seasonal product (potato, fresh vegetables and fruits) prices...
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Consumers at the gate of optimism
Consumer confidence produced a sudden rise in one of Hungary’s most important FMCG export markets, the Czech Republic: the index reached 97 points in the 4th quarter of 2015. The...
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Magazine: A rollercoaster ride to Turkey
Hungary’s agri-food export to Turkey has been rather hectic in the last 15 years: in 2001 it represented a value of only EUR 3 million, which grew to EUR 116...
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The retail sales of private label products increased by six percent, to 492 billion HUF
Customers spent about 492 billion HUF on the private label products of the chain of stores last year, six percent more than in the year before. The expansion of private...
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Egg Association: there is an urgent need to reduce the VAT rate on the egg market
There is an urgent need to reduce the value added tax on eggs because, the often uncontrolled egg imports are causing serious disturbances on the Hungarian egg market – the...
Read moreChanges in the pig business
The changes in international prices and the domestic legislation changes can be strongly felt in the meat market. In January, the domestic producer slaughtered pig prices decreased by 4 percent,...
Read moreThe world wheat market is changing
The international agricultural market this year shows significant changes for reasons such as the strong dollar, the fall in oil prices and high yields – writes the Wall Street Journal...
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Governmental meetings with the food industry
The officials of the Ministry of Agriculture negotiated with the determining food industry sectors separately. The aim of the ministry is to facilitate the implementation of the food strategy with...
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Smart minifarms in containers
We usually see freight containers on trains or cargo ships, but soon we will see containers in the cities as well. Companies like Freight Farm are creating super-intelligent mini farms...
Read moreThe Purchasing Managers' Index indicates a further expansion in February
The Purchasing Managers' Index (PMI), indicates a further expansion in February. The seasonally adjusted value of the index increased to 54.8 points drom the 53.1 points of January – the...
Read moreThe domestic market of corporate mergers and acquisitions expanded by two percent last year
The market of corporate mergers and acquisitions (M&A) continued to grow in Hungary in 2015. The number of transactions increased by 27 percent, while the estimated size of the market,...
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Magazine: Efficiency and freshness day after day
Although Hungary’s deodorant market is very much price-sensitive, last year the category managed to expand in terms of both value sales (by 5.4 percent) and volume sales (by 4.8 percent)...
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95 percent of the Hungarian beef goes to export
In Hungary, 95 percent of the Hungarian beef goes to export. An average Hungarian eats only three kilos of beef a year. While because of the low milk prices, the...
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Potato prices are rising
The price of potatoes are increasing explosively since last autumn. Compared to the previous year now 40-50 percent have to be paid for potatoes – Népszabadság Online wrote on the...
Read more54 billion HUF for irrigation development
The Prime Minister's Office reached at the negotiations of the Rural Development Programme that multiple of the former amount; approximately 54 billion HUF to be available for irrigation development –...
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Nébih tested milk chocolates in February
The National Food Chain Safety Office (Nébih) tested milk chocolates in February within its Super Mint product test – the food chain safety authority told MTI on Monday. According to...
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