Market News
KSH: agricultural producer prices grew by 4.8 percent
Agricultural producer prices increased by 4.8 percent in October, compared to the same period last year. The increase is related to the 12.2 percent increase in the prices of crop...
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Cooperation agreement between the Savings Bank and the Dairy Product Board
The aim of the Cooperation Agreement between the Savings Bank and the Dairy Product Board to facilitate the achievement of the objectives set out in the Strategy for Agriculture and...
Read moreThe third of SMEs would finance their investments via EU tenders
In the new EU support cycle, the third of the small and medium enterprises (SMEs) would finance their investments from EU supports; the companies in the industrial-sector are the most...
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MNB: there are substantial differences at the banks’ Christmas credit costs
In addition to the credit interest rates, the mandatory related financial products, the additional services and late payments may result in significant additional costs at the small Christmas consumer loans...
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Hungary wants the chimney cake to be declared as a traditional specialty in the EU
It is expected that Hungary will submit the application in which Hungary wants the chimney cake to be declared as a traditional specialty in the European Union by the end...
Read morePeparations began for the construction works of the new IKEA store in Soroksár
Peparations for the construction works of the new IKEA store in Soroksár have begun, after the archaeological excavation of the area ended – the company informed MTI on Monday. According...
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OKSZ: the largest shopping fever may be between 12 to 20 December
Retail sales may grow by 5-6 percent in December, compared to a year ago, the turnover can reach a value of 940-950 billion HUF in December this year – the...
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Most of the online stores are well prepared
Most of the online stores are well prepared for the purchases, the ordering is simple, the payment is secure and shipping is easy to track, but in terms of the...
Read moreThe dangers of online shopping
In addition to traditional channels, more and more people use the Internet to purchase Christmas gifts, however, the online shopping security experts, draw attention to the dangers. The Hungarian Representation...
Read moreWines are tested with cellphone
The culture of wine consumption was popularized at the Corvinus University of Budapest at this year's Great University Wine Test event on Thursday. A new mobile applications was also presented...
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SuperStore 2015 logo already in use
2015 was the first year when Trade magazin and Trade Marketing Club organised the SuperStore competition for points of sale. Only brick and mortar store could enter the competition, but...
Read moreAgricultural production declined prices increased
The gross added value of the agricultural sector in 2015 declined by 8.0 percent on the previous year's prices and remained unchanged at current prices. The 3.1 percent drop in...
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Milk Campaign: Reloaded
The marketing campaign of the dairy products started in the summer, under which the government intends to provide help to the domestic milk producers and processors. The Ministry of Agriculture,...
Read moreThe GKI raised its GDP forecast for next year
The GKI Gazdaságkutató Zrt. raised its DDP growth forecast for 2016 by 0.3 percentage points, from 2 to 2.3 percent, compared to its September forecast. Investments will decline by 5...
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The globalplaza.hu carries out test purchases
The globalplaza.hu customer helping portal launches a brand new service that tests and evaluates the country’s web stores in three main topics, scores the experiences and publishes its objective review...
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The Nébih strengthens its product test program
The National Food Chain Safety Office (Nébih) is strengthening its product testing program and introduces the Szupermenta (Super Mint) logo to products achieved good results during testing and also renews...
Read moreAnalysts expect annual trade surplus of more than 7.5 billion euros
The macroeconomic analysts interviewed by MTI expect an annual trade surplus of more than 7.5 billion euros. The Central Statistical Office (KSH) announced on Thursday that in January-October this year,...
Read moreSavings Bank: the economy may grow by 2.9 this year, and with 2.4 percent next year
According to the analysts of the Savings Bank, after the 2.9 percent of this year, the Hungarian economy may grow by 2.4 in 2016 and by 2.8 percent in 2017...
Read moreThe tobacco retailer promises the compliance with the delivery date
The system of the National Tobacco Store Supply Ltd. (ODBE) did not collapse, they will deliver the orders in time – the company promises on its website and also said...
Read moreDemand declined for Hungarian acacia honey
Because of the Chinese counterfeiting scandal, the demand declined for Hungarian acacia honey with 20-25 percent – Haász Ferenc, president of the Beekeepers Association in Békés County told MTI. He...
Read moreFarmers can save millions with the Hungarian Complex Water Management Software
The Fatimex Technologies has developed a Complex Water Management Software. The system facilitates efficient water management. The Complex Water Manager Software collects the data of the wireless sensors placed into...
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A household will spend an average of 132 thousand HUF for Christmas
A Hungarian household spends an average of 132 thousand HUF for Christmas: 90 thousand HUF for gifts and an additional 42 thousand HUF for the celebrations – representative research made...
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Nielsen: 2.4 million units of body care gift packages were sold before last Christmas
2.4 million units of body care Christmas gift packages were sold before last Christmas in November-December last year in a value of almost 4 billion HUF. “The shower gels and...
Read moreKSH: inflation was 0.5 percent in November
In November, consumer prices were on average 0.5 percent higher than a year before. Compared with October prices have not changed – the Central Statistics Office (KSH) told on Tuesday....
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Áldomás: new Hungarian premium food brand can conquer the foreign markets
The Hungarian National Trading House (MNKH) and the Sustainable Functional Food Chain and Marketing Board (FÉLT) have created a new Hungarian premium food brand called Áldomás. The primary aim of...
Read moreManpower: unchanged employers hiring mood
The recruitment mood of the Hungarian employers has not changed significantly since the fourth quarter of 2015. In the first quarter of 2016, 14 percent of companies surveyed planned staff...
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Next year, three billion HUF will go on the development of children catering
Compared to 2015, the government will pay one billion HUF more, three billion HUF on the institutional development support of the children's meals in 2016 – the Deputy Minister of...
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