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Market News

Valentine's Day – flowers and chocolates are the hit products
Date: 2016-02-12 11:40:00

Sales are increasing before 14 February (Valentine's Day) in the domestic stores – according to the chains. The chain of stores told MTI that the most popular products are chocolates...

The product boards are concerned due to the transformation of irrigation rules
Date: 2016-02-12 11:17:22

The FruitVeB, Fruit and Vegetable Interprofessional Organization and Marketing Board and the Apple Product Board are calling for consultation on the subject. In the document sent to MTI on Friday,...

The ifo World Economic Sentiment Index declined in the first quarter
Date: 2016-02-12 11:15:07

The Ifo Index for the world economy dropped from 89.6 points to 87.8 points this quarter, drifting further from its long-term average (96.1 points). While assessments of the current economic...

NAV: finance guards found 1,600 liters liters of untaxed pálinka
Date: 2016-02-12 11:10:11

During an excise control, the finance guards of the National Tax and Customs Office (NAV) found 1,600 liters liters of untaxed pálinka – the NAV told MTI on Saturday. According...

Hungary is the first EU country to sell beef to China
Date: 2016-02-12 11:08:48

In mid-January the first beef consignment from an EU country, Hungary, ceremonially arrived at Shanghai. The representatives of the municipality, the customs authorities, the quarantine office and the buyer company,...

Danubiana exports more wine
Date: 2016-02-12 10:06:46

Bonyhád-seated Danubiana Kft. increased its wined export by 5 percent. The company sold 138,000 hectolitres of wine in 2015, 90 percent of which was exported to the UK, Scandinavia and...

Farmers can also apply for preferential loans
Date: 2016-02-12 10:03:41

Until the end of January farmers can apply for loans with subsidised costs in the Széchenyi Card and the Hungarian Development Bank (MFB) schemes. The Agricultural and Rural Development Agency...

Magazine: Energy drinks are flying high again
Date: 2016-02-12 07:50:19

Energy drink is a functional product that fits very well into the consumer lifestyle of today’s rat race world. A growing number of people drink them instead of coffee. Sales...

Analysts: inflation was lower than expected in January
Date: 2016-02-11 11:40:53

The inflation rate in January fell short of the expectations. The main role in the data was played by the significant drop in fuel prices, the reduction of VAT on...

GfK: financial awareness is independent of age
Date: 2016-02-11 11:32:01

The development of financial culture is a vital interest for all the players in the financial sector. The financial culture encompasses the knowledge of financial products, the oversight of financial...

Vine pruning at full swing
Date: 2016-02-11 11:31:39

Vine pruning starts later in milder weather in the small gardens, but at the larger vineyard parcels work was going on during the whole winter. With the exception of harder...

The Hungarians like to celebrate Valentine's Day at a restaurant
Date: 2016-02-11 11:29:01

In Hungary, 67 percent of Valentine's day card spending are carried out in restaurants, while the fewest transactions are in flower shops and jewelry stores (2-2 percent) – according to...

Serbia is getting cheaper
Date: 2016-02-11 11:01:35

A 0.2 percent deflation was measured in Serbia last December, so the retail prices of public consumer goods and services reduced compared with November – the Republic Statistical Institute of...

Attractive Ukrainian food market
Date: 2016-02-11 11:00:31

Ukraine can be Europe's food cemetery – at least something similar is expected – due to the deterioration in living standards and due to the continued depreciation of the national...

Magazine: Major sporting events can drive snack sales this summer
Date: 2016-02-11 08:51:08

The summer of 2016 can be a peak period in snack sales: in football there is going to be the Euro 2016 with the participation of the Hungarian national team,...

The dangers of open space offices
Date: 2016-02-10 21:25:48

A data protection campaign by Fellowes found that it is typically at the workstations of open space offices where confidential documents are left lying around, not on the desks of...

Turnaround in the vegetable oil market
Date: 2016-02-10 21:20:01

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that the experts of Oil World are of the following opinion: in the Black...

Excellent quality at lower prices
Date: 2016-02-10 21:16:39

Pick Szeged Zrt. will soon enter the market with meat bearing the Quality Hungarian Pork (KMS) trademark. The Livestock and Meat Interprofessional Organisation and Marketing Board (VHT) signed a contract...

Production prices in November: +5.5 percent
Date: 2016-02-10 21:11:10

In November 2015 agricultural production prices increased by 5.5 percent from the level of November 2014. The price of vegetable products increased 13.7 percent, but the price of livestock/products of...

Decree on crop protection modified
Date: 2016-02-10 21:08:40

As of this year several modifications of the crop protection decree entered into force. From now on only Category 2 and 3 pesticides are allowed to be used in public...

Hungarian apples are expensive
Date: 2016-02-10 12:00:27

Because of the drought, last year's apple crop was lower than expected – that is why consumers have to pay more for apples this year. The average price of the...

GMO-free labeling may come after the approval of the European Commission
Date: 2016-02-10 11:45:40

We still need to wait a few months for the introduction of the GMO-free labeling. The “GMO-free production” trademark will be put on food and feed after the approval of...

Coffee prices to rise
Date: 2016-02-10 11:42:45

Due to the increasing consumption coffee prices may increase significantly. Analysts expect sustained high prices, because the growing area is shrinking,the yield increasing investments are costly and take a long...

MVH: basic support was allocated to 95 percent of the farmers by the beginning of February
Date: 2016-02-10 11:26:14

Until the beginning of February, 95 percent of the farmers received basic support from the Agriculture and Rural Development Office (MVH) – the president of MVH told MTI on Wednesday....

Budapest to apply for a WFP service center
Date: 2016-02-10 11:03:50

The government approved by the detailed application material of the World Food Programme’s (WFP) service center that will open in Budapest – the government's decision on the matter was publsihed...

More and more is spend on food in Romania
Date: 2016-02-10 11:01:54

Retail sales in Romania grew by 8.9 percent last year. The Bucharest Institute of National Statistics (INS) reports that the recent increase of food is due to the rising demand...

Attractive Ukrainian food market
Date: 2016-02-10 11:00:46

Ukraine can be Europe's food cemetery – at least something similar is expected – due to the deterioration in living standards and due to the continued depreciation of the national...

Hotel Association: hotels closed an excellent year
Date: 2016-02-10 10:46:00

Hotels in Hungary closed an excellent year last year. The 18 million hotel room nights is a 6 percent growth over the previous year; However the migrant situation is a...

Magazine: Ham, hammer, the hammest
Date: 2016-02-10 08:04:46

It is difficult to compare the last few seasons in Easter meat product sales because this holiday has a different date every year. If Easter is when people just got...

The mangalica is a driving brand of the Hungarian livestock
Date: 2016-02-09 11:35:40

The mangalica is a good investment not only for the farmers, but for the state, it is the driving brand of the Hungarian animal production is and product group, which...

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Valentine's Day – flowers and chocolates are the hit products Date: 2016-02-12 11:40:00

The product boards are concerned due to the transformation of irrigation rules Date: 2016-02-12 11:17:22

The ifo World Economic Sentiment Index declined in the first quarter Date: 2016-02-12 11:15:07

NAV: finance guards found 1,600 liters liters of untaxed pálinka Date: 2016-02-12 11:10:11

Hungary is the first EU country to sell beef to China Date: 2016-02-12 11:08:48

Danubiana exports more wine Date: 2016-02-12 10:06:46

Farmers can also apply for preferential loans Date: 2016-02-12 10:03:41

Magazine: Energy drinks are flying high again Date: 2016-02-12 07:50:19

Analysts: inflation was lower than expected in January Date: 2016-02-11 11:40:53

GfK: financial awareness is independent of age Date: 2016-02-11 11:32:01

Vine pruning at full swing Date: 2016-02-11 11:31:39

The Hungarians like to celebrate Valentine's Day at a restaurant Date: 2016-02-11 11:29:01

Serbia is getting cheaper Date: 2016-02-11 11:01:35

Attractive Ukrainian food market Date: 2016-02-11 11:00:31

Magazine: Major sporting events can drive snack sales this summer Date: 2016-02-11 08:51:08

The dangers of open space offices Date: 2016-02-10 21:25:48

Turnaround in the vegetable oil market Date: 2016-02-10 21:20:01

Excellent quality at lower prices Date: 2016-02-10 21:16:39

Production prices in November: +5.5 percent Date: 2016-02-10 21:11:10

Decree on crop protection modified Date: 2016-02-10 21:08:40

Hungarian apples are expensive Date: 2016-02-10 12:00:27

GMO-free labeling may come after the approval of the European Commission Date: 2016-02-10 11:45:40

Coffee prices to rise Date: 2016-02-10 11:42:45

MVH: basic support was allocated to 95 percent of the farmers by the beginning of February Date: 2016-02-10 11:26:14

Budapest to apply for a WFP service center Date: 2016-02-10 11:03:50

More and more is spend on food in Romania Date: 2016-02-10 11:01:54

Attractive Ukrainian food market Date: 2016-02-10 11:00:46

Hotel Association: hotels closed an excellent year Date: 2016-02-10 10:46:00

Magazine: Ham, hammer, the hammest Date: 2016-02-10 08:04:46

The mangalica is a driving brand of the Hungarian livestock Date: 2016-02-09 11:35:40