Market News
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....
Read more
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...
Read more
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...
Read more
The NAV seized counterfeit chocolates
Counterfeit chocolates were seized by the finance officers of the National Tax and Customs Administration (NAV) at various locations across Budapest. The value of the unauthorized traded goods is more...
Read more
Euronet: cash withdrawals in euros from nearly 200 independent bank machines
The Euronet Banktechnikai Szolgáltató Kft. told MTI on Tuesday that cash withdrawals in euros are available from nearly 200 independent bank machines. The company points out that their newly introduced...
Read more
One third less fruit harvested this year
According to data from the Interprofessional Organisation for Fruit and Vegetable (FruitVeB), this year’s fruit yield was about 30 percent lower than in 2014. Last year 1.3 million tons of...
Read moreBetter year than the average
Winemakers predict a better vintage than the average year, based on the quantity and quality of grapes harvested so far. Last year’s 7.4 ton/hectare average grape yield is likely to...
Read more
Magazine: Bless you!
People are most likely to catch a cold in the October-April period – this is the high season for OTC cough and cold remedies. Judit Török, sales director of Naturprodukt...
Read more
Drugstore dominance
Retail sales of decorative cosmetics neared HUF 6 billion between January and August 2015. The sales growth was an outstanding 14 percent in value and volume sales soared 13 percent....
Read moreThe pig population increases as the result of the introduced measures
The pig population that fell below 3 million in 2013 increased by about 15-20 percent as the result of the introduced measures – Horváth István of the Ministry of Agriculture...
Read moreFM: the government encourages fish consumption
The government encourages fish consumption with campaign and with fish fairs in Hungary – the Minister of State of the Ministry of Agriculture (FM) said on Monday in Budapest at...
Read moreAmericans like the Hungarian cherry
Americans like the Fürtös (trusses) of Újfehértó very much, so its name has become Balaton, because it is easier to pronounce. In Hungary, cherries are the fruits that are cultivated...
Read moreThe growth rate of the global smartphone market declines below ten percent this year
Growth in the global smartphone market is slowing, and will increase by just 9.8% this year — the first time growth has slowed into the single digits, IDC said Thursday....
Read moreCorn hybrids were tested at eleven locations
The Seed Association Interprofessional Organization and Marketing Board and the National Association of Grain Producers organized the post-registration kind experiment of corn for the ninth time. Polgár Gábor, director of...
Read more
More eggs would be sold if the VAT was reduced
The Egg Association would like to see egg among the food products which will have their VAT reduced to 5 percent in the future. At a press conference the association...
Read moreIpsos: Sunday shopping then and now
From 15 March 2015 under the Law on Sunday opening hours, larger stores or small shops where no owner or a family members are working should be closed compulsorily on...
Read more
Nielsen: Breakthrough Innovations
Ariel, Garnier, Nivea, Lay's, L'Oréal, Scholl, Vanish new products and other selected brands are included in Nielsen's “Breakthrough Innovations 2015” report. Nielsen has analyzed the performance of close to 24.500...
Read more
KSH: GDP grew by 2.4 percent in the third quarter
In the third quarter the gross domestic product (GDP) rose by 2.4 percent, compared to the same period of last year – the Central Statistical Office (KSH) announced on Friday...
Read more
May we run out of coffee? – WWF’s report on the effects of climate change on food
Consumers will feel the harsh impacts of climate change not only in the climate around them but also in their supermarkets where the availability and/or cost of agricultural commodities like...
Read more2014 was a great year in Hungarian Agriculture
The Hungarian agricultural output’s growth that is lasting for years continued in 2014. The output of live animals and livestock products exceeded the previous year’s level – Czerván György presented...
Read moreEuro area’s retail sales declined in October
In October, retail sales in the euro area declined, while in the European Union did not change on a monthly basis – the European Union's statistical office, the Eurostat announced...
Read more
KSH: a reduction in trade surplus
The value of exports calculated in euros increased by 6.5 percent in September, compared to a year before. The value of imports calculated in euros increased by 8.6 percent in...
Read more
The Santa’s Factory accepts long-lasting food and toy donations this year as well
The Santa’s Factory awaits the long-lasting food and toy donations at all post offices of the country and at the Ötvenhatosok square as well as in several rural collection points...
Read more
Aldi launches streaming service
Aldi starts its music streaming service in Germany: in cooperation with Napster, it launches Aldi Life Musik with a monthly subscription fee of EUR 7.99. Subscribers can choose from 34...
Read moreAnalysts: retail trade is expanding further
Retail sales continue to grow in the rest of the year, analysts told MTI who had responded to the Central Statistical Office’s (KSH) data published on Thursday. Suppan Gergely, analyst...
Read moreRetail sales rose by four percent in October
The volume of retail sales increased by 4.0 percent in October, compared to the previous year, after the 5.1 percent growth of September, while the calendar adjusted data shows a...
Read moreThe Hungarian beef cattle breeding is the success of the livestock sector
The beef cattle breeding is the Hungarian animal breeding’s success sector, because after the system change 25 years ago, negative tendencies and decrease occured in all sectors of the Hungarian...
Read more
The good news is that there is no bad news
In October the six-month negative trend came to an end in the financial markets. The good news was that there was no bad news – although none of the dangers...
Read more