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Market News

The fruit and vegetable sector is waiting for the VAT reduction
Date: 2016-02-04 11:50:20

Many market players think that about 60 billion HUF falls out of the budget annually because of VAT frauds – Magyar Nemzet Online wrote. The Vice President of the interbranch...

Czerván: the Russian embargo re- organized the markets
Date: 2016-02-04 11:45:57

The Russian embargo on food re- organized the markets. The European exports to Asian countries moved towards Japan, China, Hong Kong and South Korea – Czerván György, Minister of State...

Retail sales grew rapidly last year in the Czech Republic
Date: 2016-02-04 11:07:56

Last year, retail sales rose by 5.9 percent in the Czech Republic. Sales growth was so high as in 2008 – the Czech Statistical Office announced on Thursday in Prague....

Increase in air freight and passenger traffic in 2015
Date: 2016-02-04 11:05:19

The International Air Transport Association (IATA) announced global passenger traffic results for 2015 showing demand (revenue passenger kilometers or RPKs) rose 6.5 percent for the full year compared to 2014....

VHT takes steps to raise meat consumption
Date: 2016-02-04 10:45:24

The Livestock and Meat Interprofessional Organisation and Marketing Board’s (VHT) objective is to increase per capita pork consumption by 5kg by 2020. Conditions are given as due to the Russian...

AKG calculator
Date: 2016-02-04 10:01:28

The environmental management for agriculture (AKG) calculator is already working on the NAK website. As part of the Rural Development Programme (VP), farmers could apply for AKG funding between 7...

Food safety guaranteed
Date: 2016-02-04 09:40:29

There were almost 400 participants at the IFS Food Safety Conference in Budapest at the Corvinus University on 5 November. Before the speakers took the floor IFS business development consultant...

KSH: retail sales rose by 5.5 percent in 2015
Date: 2016-02-03 11:59:56

Together with the 5.0 percent increase in December 2015, the annual retail trade turnover growth was 5.5 percent higher than in the previous year, when it was 5.2 percent. The...

Nébih and the Dairy Product Council signed a cooperation agreement
Date: 2016-02-03 11:50:59

In order to protect the high-quality Hungarian dairy products, the National Food Chain Safety Office (Nébih) and the Milk Interprofessional Organization and Marketing Board signed a long-term cooperation agreement –...

Cellars may overflow
Date: 2016-02-03 11:40:40

According to the International Organisation of Vine and Wine (OIV), the world's wine production was about 275.7 million hectoliters in 2015. World wine production increased by two percent in 2015,...

The gap is closing between the US and European prices
Date: 2016-02-03 11:35:38

The futures price of corn gets closer and closer on commodity exchanges in the US and Europe in January. The decline lasting for months has continued in Europe and in...

Public Workers into the trade!
Date: 2016-02-03 11:32:33

The National Economy Ministry launched its Public Workers into the Private Sector program on 1 February. According to the plans 20-25 thousand public workers will switch to the primary labor...

Hungarian seed market trends
Date: 2016-02-03 11:25:15

The price of the seeds of the spring cereal crops is a net 97 thousand HUF per tonne price – the Seed Association Interprofessional Organization and Marketing Board published for...

Romanian retail sales grew by 8.9 percent last year
Date: 2016-02-03 11:11:44

Romanian retail sales volume grew by 8.9 percent last year , compared to the previous year – the Romanian national statistical institute announced on Wednesday. The increase is mainly due...

Stress resistant stock markets
Date: 2016-02-03 10:15:19

After the 13 November terror attack in Paris many analysts say stock markets may fall sharply should the attacks continue. Due to the constant threat people might stay at home...

GKI: Deceleration continues in 2016
Date: 2016-02-03 09:57:57

After a number of weak years, the development of the Hungarian economy in 2014 was the second fastest in the EU. GDP growth was above-average in 2015 as well; however,...

In the European top three once again
Date: 2016-02-03 09:50:50

Like-for-like FMCG value sales improved by 5.8 percent in Q3 2015 in Hungary. This performance was the third best in Europe, behind Turkey’s 12.4 percent and Austria’s 5.9 percent. According...

KSH: food exports in November increased by 7.7 percent
Date: 2016-02-02 12:30:23

Hungary’s external trade surplus decreased by €22 million in year-on-year terms in November, to €687 mln, with the export volume growing by 8.4% and the import volume increasing by 11.2%,...

VHT: the impact of the VAT reduction appeared in the pork prices
Date: 2016-02-02 11:58:52

According to Németh Antal, chairman of the Livestock and Meat Marketing Board and Interprofessional Organization (VHT), the impact of the VAT reduction appeared in the pork prices, but not to...

Bisnode: The number of liquidations was record low last year
Date: 2016-02-02 11:25:46

The number of liquidations was record low last year in the Hungarian company world: while in 2014, more than 17,500 proceedings were initiated, last year only less than 10 thousand:...

Cigarette smuggler crashed
Date: 2016-02-02 11:05:59

A cigarette smuggler crashed after a chase near Apagy with a twenty-seven million HUF worth cigarette shipment. Magyar Norbert, press officer of the Nationmal Tax and Customs Authority’s Szabolcs-Szatmár-Bereg county...

NAK: the new site of the chamber will be available soon
Date: 2016-02-02 11:00:30

The National Agricultural Chamber’s (NAK) new customer-friendly website serving all needs will be available within weeks – the NAK told MTI on Tuesday. According to the Communication, the site is...

The reduced VAT would be beneficial to other sectors
Date: 2016-02-01 11:55:27

The price of pork spectacularly declined in recent weeks, in addition that live pig prices also fell, the VAT reduction came into force on 1 January seems to be successfull....

Hungary offset the Russian embargo with new markets
Date: 2016-02-01 11:40:26

Hungary successfully offset the Russian embargo on the Hungarian agricultural and food products by exploring new markets – Budai Gyula, Ministerial Commissioner of the Ministry of Foreign Trade and Foreign...

A decrease in the Hungarian banana exports, domestic demand increased
Date: 2016-02-01 11:32:17

Consumers prefer bananas after apples in Hungary. According to the data of the Central Statistical Office (KSH) Hungary’s banana imports has increased by 32 percent to 56.3 thousand tonnes between...

Nébih: the amount of food seized in the markets decreased
Date: 2016-02-01 11:25:44

The amount of food seized at wholesale markets dropped significantly in recent years – Helik Ferenc, leader of the Board of Directors of the National Food Chain Safety Office (Nébih)...

MVH: the versatile use of EU funds for rural development
Date: 2016-02-01 11:10:01

Local governments, nonprofit organizations and even churches are eligible to apply for EU rural development funds in a wide variety of sectors such as the food industry, irrigation development and...

Pig farm managers are trained at the University of Debrecen
Date: 2016-02-01 11:05:00

Two years after the start of the shepherd training, the four-week training for pig farm managers has begun on Monday at the University of Debrecen (DE) – the organizers told...

The purchasing managers' index is over 50 points again
Date: 2016-02-01 11:02:28

After a month of decline the seasonally adjusted value of the purchasing managers' index (PMI) increased to 53.0 points in January from the 49.9 points of December – the Hungarian...

The WHO would give adult rating to films that showing smoking
Date: 2016-02-01 11:01:47

Films that show smoking should be given an adult rating to protect children from the 'last frontier' of tobacco advertising, world health chiefs have urged. The World Health Organisation has...

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The fruit and vegetable sector is waiting for the VAT reduction Date: 2016-02-04 11:50:20

Czerván: the Russian embargo re- organized the markets Date: 2016-02-04 11:45:57

Retail sales grew rapidly last year in the Czech Republic Date: 2016-02-04 11:07:56

Increase in air freight and passenger traffic in 2015 Date: 2016-02-04 11:05:19

VHT takes steps to raise meat consumption Date: 2016-02-04 10:45:24

AKG calculator Date: 2016-02-04 10:01:28

Food safety guaranteed Date: 2016-02-04 09:40:29

KSH: retail sales rose by 5.5 percent in 2015 Date: 2016-02-03 11:59:56

Nébih and the Dairy Product Council signed a cooperation agreement Date: 2016-02-03 11:50:59

Cellars may overflow Date: 2016-02-03 11:40:40

The gap is closing between the US and European prices Date: 2016-02-03 11:35:38

Public Workers into the trade! Date: 2016-02-03 11:32:33

Hungarian seed market trends Date: 2016-02-03 11:25:15

Romanian retail sales grew by 8.9 percent last year Date: 2016-02-03 11:11:44

Stress resistant stock markets Date: 2016-02-03 10:15:19

GKI: Deceleration continues in 2016 Date: 2016-02-03 09:57:57

In the European top three once again Date: 2016-02-03 09:50:50

KSH: food exports in November increased by 7.7 percent Date: 2016-02-02 12:30:23

VHT: the impact of the VAT reduction appeared in the pork prices Date: 2016-02-02 11:58:52

Bisnode: The number of liquidations was record low last year Date: 2016-02-02 11:25:46

Cigarette smuggler crashed Date: 2016-02-02 11:05:59

NAK: the new site of the chamber will be available soon Date: 2016-02-02 11:00:30

The reduced VAT would be beneficial to other sectors Date: 2016-02-01 11:55:27

Hungary offset the Russian embargo with new markets Date: 2016-02-01 11:40:26

A decrease in the Hungarian banana exports, domestic demand increased Date: 2016-02-01 11:32:17

Nébih: the amount of food seized in the markets decreased Date: 2016-02-01 11:25:44

MVH: the versatile use of EU funds for rural development Date: 2016-02-01 11:10:01

Pig farm managers are trained at the University of Debrecen Date: 2016-02-01 11:05:00

The purchasing managers' index is over 50 points again Date: 2016-02-01 11:02:28

The WHO would give adult rating to films that showing smoking Date: 2016-02-01 11:01:47