Market News
The old fee returns
Hungary’s government decided against the new food chain supervision fee and this means that the former 0.1-percent fee returns – reported portfolio.hu. Shops with a smaller turnover mightn’t be happy...
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Sweetener is most accepted as a soft drink ingredient
A survey conducted on sweeteners by Szinapszis this summer found that the proportion of conscious buyers increased in the soft drink, fruit juice, confectionery and fruit product categories, in terms...
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Magazine: Skin care matters even more in cold weather
Women’s skin care is a category that full of challenges, because the market of widely used products is in stagnation. Economic recession made the category suffer, as body care isn’t...
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The impact of the Black Friday and the Sunday store closure on domestic e-commerce
The Christmas season begins with the Black Friday in e-commerce, while despite the Sunday store closure we still not buy more online – according to the joint Online Retail Index...
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Cofidis: the Hungarian households intend to spend an average of 43 thousand HUF for Christmas expenditure
The Hungarian households intend to spend an average of 43 thousand HUF for Christmas expenditure this year, of which 29 thousand HUF is planned to be spent on gifts, only...
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The NGM is working on an agricultural lending stimulus package
The government is working on an incentive package to assist agricultural enterprises to get loans, in accordance with EU financial regulations – Hornung Ágnes, Minister of State for Finance in...
Read moreThe utilization of logistics real estate in Budapest has improved
14.2 percent of urban logistics real estate in the area of Budapest was empty at the end of the third quarter. A year ago this ratio was almost 20 percent...
Read moreThe marketing of e-cigarettes to be tightened
The government would tighten the marketing and the use of electronic cigarettes. According to a bill, such thing cannot be bought via the Internet in the future – the Deputy...
Read moreNatural-foods and wines at the Millenáris
More than one hundred natural-wines of about thirty producers from the Carpathian Basin, will be available to taste at the 5th Mitiszol festival on Saturday in the Millenáris Park, where...
Read moreAccording to archaeological finds, humans are keeping bees for almost 9,000 years
Traces of beeswax found on ancient pottery from Europe, the Near East and North Africa suggest the first farmers kept bees. The research, published in Nature, shows our links with...
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Cooperation between GVH and OGYÉI
The Hungarian Competition Authority (GVH) and the National Institute of Pharmacy and Nutrition (OGYÉI) have signed a cooperation agreement. In the future the two organisations will help one another in...
Read moreWeak global growth in the next two years due to China and the emerging economies
Global growth will be lacklustre over the next two years as the slowdown in China and other emerging markets continues to weigh on the world economy, Moody's Investors Service said...
Read moreKSH: agricultural procurement prices have risen for the first time for two years
In September, the producer prices were 1.2 percent higher than a year before and thus they rose for the first time since June 2013 on a year on year comparision....
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Nearly 100 groceries have entered the Budapest Nagybani Piac program already
In September 2015 the Budapest Wholesale Market (Budapest Nagybani Piac) has launched a program called “Fresh from the Nagybani”. The program emphasizes those fruit and vegetable specialist shops that buys...
Read moreCooperation between the large breweries and the micro- breweries
In order to increase the supply, a cooperation has been established between the large-scale breweries and the micro- and craft breweries for this year's Főzdefeszt – Bart Dániel, director of...
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Billions have been spent on purchasing online within minutes during the “singles day” in China
Chinese consumers spent a record 91.2 billion yuan (14.3 billion USD, 9.4 billion pounds) online during the 24 hours of Singles Day this year, cementing the e-commerce extravaganza as the...
Read moreAlcohol consumption decreased in Slovakia
The per capita alcohol consumption in Slovakia shows a downward trend – the pluska.sk Slovak news portal wrote on its website referring to the current statistics of the Organisation for...
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30 tons of food in the anniversary donation convoy
In the middle of October the Hungarian Food Bank Association and FAO organised a donation convoy, which travelled through the city centre of Budapest to take 30 tons of donation...
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ÉFOSZ and the Association of Confectionery Manufacturers suggest partnership
A paradigm shift has become inevitable in public health – it was revealed at the conference organised by the National Institute for Health Development (NEFI). Hungarians are still less healthy...
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Magazine: Hungary’s packaging industry produces international quality
Statistical data from the Hungarian Association of Packaging and Materials Handling (CSAOSZ) reveal that the packaging industry’s turnover was HUF 482 billion in 2014, HUF 15 billion more than in...
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GfK purchasing power: a huge gap between Europe's north-west and south-eastern part
Purchasing power in Europe climbed by around four percent this year. But purchasing power levels vary substantially across the continent and within the 42 individual countries considered by GfK’s study....
Read moreMNB: food prices also increased inflation
In October, the annual inflation rate was 0.5 percent higher, while core inflation was 0.2 percentage points higher than in the previous month. The rise in inflation was because of...
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The National Association of Agricultural Economics and the Moving Market signed a cooperation agreement
The National Association of Agricultural Economics and the Moving Market Programme (Mozgó piac program) signed a strategic cooperation agreement on Tuesday. The Chamber of Agriculture said in a statement that...
Read moreMedium fish harvest in Tolna County
The fish farms in Tolna county expect a medium fish harvest that will be similar to last year’s amount. This year, the Polish market can improve the export opportunities. Csibi...
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Unicum’s new promotional film quotes the heroic age of the Hungarian history
Corps equipped with whips, multi-meter sturgeons, the Parliament and Hajós Alfréd in a movie. The new promotional film of Zwack Unicum evokes the past 225 years of the outstanding heroic...
Read more92 percent of the corn is in the granaries
The harvesting works are approaching to the end in Zala county. More than 90 percent of the corn produced on 40 thousand hectares have already been transported to the granaries....
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The consumer protection authority tested baby chairs, diaper tables and diapers
The Hungarian National Consumer Protection Authority (NCPA) tested baby chairs, diaper tables and diapers. Two out of five baby chairs and one out of ten diaper tables did not meet...
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Million HUF fine for the marketing of fake foie gras
The National Food Chain Safety Office (Nébih) obliged a company immediate to recall its frozen duck liver products labeled as foie gras. More than two tonnes products were placed under...
Read moreSlovaks have higher purchasing power than the Czechs
The Slovak citizens have higher purchasing power than the Czechs – the independent Pravda of Bratislava reported on Tuesday citing the analysis of the GfK market research institute. According to...
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MLSZKSZ: mass migration increases logistics costs
Mass migration and the measures imposed (temporary border closings, limiting rail freight transport, etc.) because of it by the European Union’s member states pose great challenges to logistics service providers...
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