Market News

The Nébih tested thirty-three kinds of butter

The experts of the National Food Chain Safety Office (Nébih) tested thirty-three different products of nineteen producers. Proceedings were initated in eleven cases – the agency told MTI on Tuesday....

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FM: autumn sowings in good condition

The autumn sowings are especially in good shape, the rainy weather had a positive effect on crops – the Minister of State for the Ministry of Agriculture (FM) told at...

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The retail surtax would be progressive in Poland

The Polish Ministry of Finance published its draft law on the retail special tax on Monday evening. According to the draft released on the ministry's website, the special tax would...

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Simpler dispute resolution via the EU’s online consumer platform

In January, the European Commission launched its online alternative dispute resolution platform, which allows simpler, cheaper and more efficient settlement of international consumer disputes – the DLA Piper international law...

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The finest tequila is made of the heart of the agave

A few things you do not know about the favorite drink of the Mexicans: Tequila is the inevitable, quality drink of the parties. The finest and one of the cleanest...

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The replacing of the primary producer cards has begun

The National Agricultural Chamber (NAK) has begun the exchange the primary producer cards of the small-scale agricultural producers. The National Agricultural Chamber (NAK) will introduce card-based electronic primary producer cards...

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Újpest to build new marketplace

Early November they started building a new marketplace, market hall and cultural centre in Budapest’s 4th district, in Újpest. The new 25,000m² hall will open its gates in the summer...

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International action plan against tax avoidance

OECD first presented its action plan to fight international tax avoidance at the G20 summit on 8 October. In 2013 OECD published its first report on base erosion and profit...

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NGM: retail trade closed a good year in 2015

Retail trade strengthens continuously in Hungary, the growth of turnover has been going on for 30 months. On the basis of the recent data retail trade closed a great year...

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GKI: business and consumer confidence improved in the beginning of the year

The seasonally adjusted value of the GKI-Erste sentiment index started the year from a level has not seen for almost a year. The business expectations were around their 2015 peak,...

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KSH: Retail sales rose by 4.8 percent in November last year

The retail sales volume increased by 4.8 percent, calendar effect adjusted in November last year. According to the raw data, the increase was 4.3 percent, compared to the same period...

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MVH: half of the agricultural subsidies have already been paid

According to the president of the Agricultural and Rural Development Agency, more than half of the funds of the direct agricultural support, 240 billion HUF have already been granted to...

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The JÁSZ-Tész Kft. built a new cooling house

The JÁSZ-Tész Kft., distributor of frozen vegetables and fruits expanded its logistics center in Nagyréde with a new cooling house investment worth more than 400 million HUF. The 400.6 million...

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The Nébih closed a bakery in Budapest

Due to severe sanitation problems and a total lack of records the Nébih closed a bakery in Budapest with immediate effect. During the inspection more than a ton of pita...

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Fish Sausage: the meal of adventurous gourmets

We now know that the fish dishes are healthy, have excellent dietary effect, however domestic consumption grows very slowly. The fish experts find out several varied ways to increase consumption....

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(HU) Magasról indított a GKI konjunktúraindex

Sorry, this entry is only available in HU....

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KSH: 15.7 percent less grain grown in 2015 than in 2014

Last year, 2.6 million tons less, 15.7 percent less grain grew on 132 thousand less hectares (on a minus 4.7 percent smaller area, compared to 2014 – the Central Statistical...

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Analysts: real wages may rise by nearly 4 percent this year

Average wages grew by 5.3 percent in November last year. Without counting the public workers, the increase of gross and net wages was 6.1 percent. Compared to the October 2015...

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FAO: innovation in agriculture

UN's Food and Agriculture Organisation’s (FAO), practical recommendations have become available on the world's most important grains: (corn, rice, wheat) that are responsible for 42% of the calories and for...

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Traders can held gift drawings without permission

Traders can held gift drawings without permission and without announcinfg it, but they must meet several conditions – the detailed rules can be found on the website of the National...

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The Croatian Economic Chamber and the NAK signed a cooperation agreement

The leaders of the Croatian Economic Chamber and the Hungarian National Agricultural Chamber signed an agreement on 21 January 2015, in Zagreb in order to deepen the Croatian-Hungarian trade and...

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Changes will affect the food economy

The government investigates the possible elimination of 73 state institutions to reduce bureaucracy. Those background institutions and research institutes, which will cease to exist will be attached to the ministries...

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Negative inflation may come in the euro zone

Plunging oil prices could push eurozone inflation into negative territory during “some months” in the first half of 2016, European Central Bank (ECB) board member Ewald Nowotny said on Friday....

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The focus is on preventing child obesity

Every fourth Hungarian child in the 4-10 age group are overweight. It is high time we improved their eating habits – says Mónika Szilva, communications and marketing director of Nestlé...

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The consumption of meat can continue to decrease in the EU countries

In agriculture, emissions of greenhouse gases (GHG) are expected to decline slightly by 2025, through the expected decline in cattle breeding – the agrarszektor.hu cites the European Commission. It is...

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KSH: earnings preceded inflation

Average wages grew by 5.3 percent in November last year. Without counting the public workers, the increase of gross and net wages was 6.1 percent. Compared to the October 2015...

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GKI: the Hungarians are not familiar with mobile payment apps

The Hungarians are not familiar with mobile payment applications. The spinning up of the market is expected from payment options integrated into community marketplaces such as Uber and from the...

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Lázár: There will not be national liquor stores

Lázár János denied on Thursday that the government plans to establish national liquor stores – index wrote. The Minister leading the Prime Minister’s Office responded to the article of Figyelő...

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Price drop and support on the dairy market

The dairy farmers can expect price subsidies – Minister János Lázár leading the Prime Minister's Office Announced. The intervention is Justified by the FACT harm the animal breeders Nowadays fail...

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Investment mood of SMEs increased by the end of the year

In December 2015, the Growth Loan Program’s (NHP) credit and lease agreements, as well as disbursements increased sharply. In the second phase of the NHP, the Budapest Bank group signed...

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