Market News
The Aldi, Auchan, Lidl, Penny Market, Tesco and Spar joined forces to help the needy children
The six major supermarket chains – Aldi, Auchan, Lidl, Penny Market, SPAR and Tesco help the needy children living in disadvantaged communities with 5 million HUF per supermarket chain. The...
Read moreKSH: retail sales are higher than the preliminary figures
The volume of retail sales in January was 1.7 percent higher than a year before – the Central Statistical Office (KSH) announced on Wednesday. According to the calendar-adjusted data, the...
Read moreThe Pénzügykutató Zrt. expects a GDP growth of 2.3 percent for 2016
According to the Pénzügykutató Zrt., due to a decrease in investments a further decline will occur in the growth rate of the gross domestic product (GDP). The growth rate is...
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The Product of the Year awards were handed over
The Product of the Year awards were handed over on Tuesday. The Hungarian consumers evaluated the products in 23 categories, and awarded for the first time in the household appliance...
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OKSZ: the online cash registers can be introduced, but the smallest businesses have to get support
The online cash registers can be introduced, but the smallest businesses have to get support to the introduction – the National Retail Federation (OKSZ) told MTI on Tuesday. The OKSZ...
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The wholesale market in Szeged will open its doors soon
The new wholesale market in Szeged opens in May with 1500 sales outlets, and with a nine-meter wide road. The investor of the supermarket, the Hansa-Kontakt Invest Kft. bought 10...
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NGM: the demand for consumer durables is increasing
The demand towards consumer durables is growing constantly. The rise in real incomes appears in the consumption expenditure of households – Lenner Áron Márk, Deputy Minister of State of the...
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Conference about the Hungarian game management
A conference will be held titled “The current issues of domestic wildlife health and wildlife management in 2016” will take place on 5 April 2016, att he Szent István University’s...
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Young people prefer one touch payment
When they have the opportunity, 86 percent of college and university students choose one touch payment – reveals a recent study by MasterCard. 98 percent of students have a debit...
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Magazine: The best in the franchise trade
In 2016 the Hungarian Franchise Association is 25 years old. The organisation held its Award Ceremony and Gala Dinner on 21 January in Boscolo Budapest Hotel. Awards were presented in...
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Easter ham market over seven billion HUF last year
The retail sales of ham and smoked meat generated revenues of over 7 billion HUF around Easter in March-April last year. This is 5 percent more than in the same...
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The range of households consuming easter candies has expanded
According to the ConsumerPanel research of the GfK, spendings increased in casee of seasonal sweets, as well as in case of Easter ham. The average price increase also played a...
Read moreCattle business is flourishing
According to the data of the Central Statistical Office (KSH), Hungary's living cattle exports rose by 29 percent in 2015, compared to 2014. The main partners were Turkey, Austria and...
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Falling chicken prices
The pig meat price index this year has been in the focus of attention, because VAT on pig carcase meat has been reduced to 5 percent in January. According to...
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Spice paprika producers can expect special support
As in previous years in 2016 the Ministry of Agriculture (FM) is seeking to facilitate the market access of manual labor-intensive quality paprika products. The ministry provides the support of...
Read moreLuxury hutch with support
According to the communication of the Agriculture and Rural Development Office, a non-refundable grant is available to compensate commitments which go beyond the requirements of the animal welfare standards. Claims...
Read moreAgrisk.hu: crop insurances become comparable
The crop insurances become comparable, by using the damage simulator, developed by the Agrisk.hu crop insurance portal – the agricultural insurance portal told MTI on Tuesday. According to the information...
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Economic growth in the eurozone strengthened in March
The pace of economic growth intensified in the euro zone’s private sector in March, while the deflationary pressure remains due to discounts granted in response to the depressed demand –...
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World Water Day: Thirty-four Hungarian baths have joined the national event series
Thirty-four Hungarian baths have joined the World Water Day. On Tuesday the baths awaited the guests with educational and recreational programs at several parts of the country. According to the...
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Shower gel, facial tissue and fabric softener at the top
In the first ten months of 2015 retail sales of the 70 household chemicals and cosmetics product categories measured by Nielsen valued at HUF 290 billion. Value sales were up...
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Migrant crisis may slow down the EU’s development
According to a forecast by GKI Economic Research Zrt., the migrant crisis will continue to cause a conflict between European Union member states and if decisions aren’t made swiftly, it...
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Magazine: Smart refrigerators and washing machines in the virtual world
At the beginning of every year technology lovers gather in Las Vegas to see the debut of the latest innovations in consumer electronics. Rather surprisingly this year many visitors were...
Read moreSzázadvég: low inflation and an expanding economy may characterize the following two years
The Századvég Economic Research Inc. predicts that low inflation and an expanding economy may characterize the following two years: the Hungarian GDP can increase by around 2,4, percent in 2016...
Read moreKSH: Two-thirds of Internet subscribers are mobile internet subscribers
The number of mobile phone subscriptions at the end of last year increased by 29 thousand to 11.865 million, in the fourth quarter and was 69 thousand more than in...
Read moreCrop and price projection system to be created on the cherry market
In order to increase market transparency, the Fruit and Vegetable Interprofessional Organisation (FruitVeB) and the National Association of Agricultural Economics (NAK) will create a crop and price projection system on...
Read morePRRS decontamination makes Hungarian pig-breeding more competitive
The making of the Hungarian pig-breeding Porcine Reproductive & Respiratory Syndrome –free (PRRS) will make the Hungarian pig-breeding more competitive and may open new export markets for the Hungarian farmers...
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China is looking for new markets for Hungarian poultry and milk
Hungary starts negotiations with China on poultry meat and dairy products export – this agreement was reached at the meeting of the Hungarian-Chinese economic joint committee in Budapest. In the...
Read moreThe Seed Association and the GOSZ are experimenting with corn hybrids
Twenty-nine hybrids are taking part in this year's post-registration variety experiment of the Seed Association Interprofessional Organization and Marketing Board, and the National Association of Grain Producers (GOSZ). The post-registration...
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FAO food report schedules for sustainable development
Last year the world’s countries set a schedule for sustainable development in the next 15 years and agreed to end famine by 2030. The Food and Agriculture Organisation of the...
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Water for Health on the World Water Day
It is a fact that there is no life without water – we learn it very early. It is a high priority task to raise awareness to the importance of...
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