Market News
For the benefit of consumers in every channel!
Retail technology trade fair EuroCIS focused on the omnichannel strategy this year and attracted a record number of visitors: there were more than 10,400 trade visitors from 87 countries, who...
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Nébih: 1 out of 14 bacon products had to be withdrawn from circulation
One out of fourteen smoked, raw, sliced, pre-packaged bacon products was bad. The National Food Chain Safety Office (Nébih) withdrew the products from circulation. The National Food Chain Safety Office...
Read moreLow inflation stimulates consumption
Low inflation is stimulating consumption through the real value of wages and is expected to contribute to gross domestic product (GDP) growth as well – Balogh László, Deputy Minister of...
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Small and medium-sized enterprises can apply for 1000 billion HUF supports
The small and medium-sized enterprises can apply within the Economic Development and Innovation Operational Programme (GINOP). Until now, almost 1000 billion HUF supports were announced from the 2500-2600 billion HUF...
Read moreA fifth of plants are threatened with extinction
One-fifth of all 400,000 plant species in the world are threatened with extinction – ccording to a new study. The “state of the world's plants” report by the Royal Botanic...
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Fine-tuned cash registers
The Hungarian Cash Register Association opines that the new regulation on online cash registers eases the unnecessary strictness of the previous system. President of the association Zoltán Novák told that...
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Romanians are optimistic about their personal finances
Behind Germany, Romania is Hungary’s second biggest agri-food export market: in the first eleven months of last year it had a 12-percent share in our export. The average Romanian household...
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Yogurt in returnable bottle
Cserpes Cheese Workshop has developed lactose- and sugar-free milk drinks and yogurts for those consumers who must follow a special diet. These products are sold in bottles manufactured in O-I’s...
Read moreKSH: Easter and March 15 were good for tourism
In March, the number of guest nights spent by domestic guests increased by 24.5 percent, compared to the previous year, which has mainly seasonal causes, such as the 15 March...
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Magazine: Flavour inspirations
When good weather arrives many Hungarian families leave the kitchen and go outside to cook in a cauldron (‘bogrács’) or to do barbecues. This is the real high season for...
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Nielsen: the importance of local and global brands in buying decisions
Two-third of the Hungarian consumers (65%) say that the origin of the brands affect their purchase decisions more, than nine other aspects, which include the price, taste, function or packaging....
Read moreStrawberry prices may increase
The April frost damage caused significant damages to the outdoor plantations. The damage may be even 30 percent nationwide – Magyar Idők wrote, quoting Ledó Ferenc, President of the Hungarian...
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The Russian embargo caused nearly 300 billion HUF export losses
The Hungarian exports to Russia have reduced drastically since the relations became bad between the EU and Moscow. The sanctions and the Russian food import restrictions have caused many billions...
Read moreNGM: EU proposals to develop the community Internet access points
An application was announced within the Economic Development and Innovation Operational (GINOP) program in a value of five billion HUF for the development of community Internet access points. According to...
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Luxury brands may move into the MOM
Three new tenants, Max&Co., the Coccinelle and the NUBU will move into the MOM Park Shopping Centre. The transaction was coordinated by Cushman & Wakefield – the real estate company...
Read moreBeer consumption fell 10 percent in Brazil
Beer consumption dropped drastically in the economic crisis affected Brazil – the origo wrote. Unemployment is the reason why most people would look to the bottom of the cup in...
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Modern technology against ghost fishing
Modern technology could solve or mitigate the consequences of the so-called ghost fishing. Because of the phenomenon hundreds of thousands of tonnes of plastic waste can be found in seas....
Read moreChina's foreign trade decreased
China's exports and imports declined in April higher than expected – according to official figures published on Sunday. The customs office reported that exports fell 1.8 percent to 172.7 billion...
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Unilever’s almost 5-percent growth
Unilever’s 1st-quarter sales rose 4.7 percent, a bit less than expected, due to the decline in volume sales and the deflation in the economy. CFO Graeme Pitkethly told that instead...
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Produce prices keep growing
In February 2016 agricultural production prices increased by 2.8 percent from the level of February 2015. The price of vegetable products increased 7.3 percent, but the price of livestock/products of...
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Software for keeping the farming diary
NAK helps famers with free software in keeping their farming diary. The software is also able to collect and send the data farmers are obliged to provide to NAK and...
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Harvest and price forecasting in the sour cherry market
In order to make the market more transparent, the Interprofessional Organisation for Fruit and Vegetable (FruitVeB) and NAK will create a harvest and price forecasting system for the industrial sour...
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Italy at Sirha Budapest
In exhaustive and innovative offering designed to answer all retail, bakeries and pastries, hotel and restaurants needs More than 300 exhibitors from Hungary and abroad, including products which visitors will...
Read moreTobacco investors: the new excise tax proposal may lead to the collapse of the market
According to the Hungarian Association of Tobacco Industry Investors (DBMSZ), if the National Assembly would accept the new excise tax proposal, it would lead to the collapse of the entire...
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The vegetables were less affected by the April frost damages
The summarization of the damages is not yet complete in the orchards however, field vegetables were less damaged by the late frost in April – the President of the Hungarian...
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Analysts expected an increase in trade surplus
Analysts interviewed by MTI expect a trade surplus during the coming months. Despite the decline in March, the annual surplus may reach or exceed 8 billion euros. According to the...
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Nébih: the HIV-infected orange is a hoax
The hoax of the HIV contaminated orange has appeared again on the Internet. The National Food Chain Safety Office (NÉBIH) draws the consumers’ attention that the information is not based...
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HENT: self-regulation against dangerous dietary supplements
The self-regulation system aims to filter risky dietary supplements and special feeds. This is necessary because the latest figures show that Hungarian consumers buy more than third of the dietary...
Read moreNébih: food chain supervision fee statements should be sent by the end of May
The food chain players should submit the food chain supervision fee statements by the end of May -the National Food Chain Safety Office (Nébih) told MTI on Friday. According to...
Read moreAn increase in Czech retail sales
Retail sales in the Czech Republic grew by 5.1 percent in March, after the 8.5 percent increase of February – the Czech Statistical Office (CSU) announced in Prague on Friday....
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