Market News
Food chain management fee: more than 10 billion HUF came in last year
The amount of the food chain management fee was 10.979 billion HUF last year: the development money amounted to 1,097 billion HUF. The Nébih (National Food Chain Safety Office) spent...
Read more
Due to the heat wave, the consumption of the summer seasonal products has increased
The turnover of the summer seasonal products – ice cream, mineral waters and beers – is outstanding due to the heat wave – trading companies told MTI on Thursday. Balogh...
Read moreHeat speeds up the aging of the beer
The heat is good for the beer consumption, but it is not good for the beer. It is worth to pay attention to the proper storage temperature and consumption temperature...
Read more
The British waste the most food in Europe
Britain wastes more food than any other country in Europe, with UK households throwing away 6 kilogrammes of food a week. 12 billion pounds worth food a year. For every...
Read moreThe heat causes fish mortality and agricultural damages in Austria
The Austrian Die Presse daily reported about heat-related agricultural damages and fish mortality in Austrian rivers on Wednesday. Because of the high temperatures and low oxygen content, fish mortality is...
Read more
Private label products becoming more popular
PLMA’s 2015 year book analyses the state of play in the field of private label products. In 14 from the 20 countries surveyed PL products’ market share increased. In the...
Read more
Coffee in the warehouses
This year farmers in Vietnam stockpiled more coffee in their warehouses than ever before since 2010. A record harvest is expected in 2015 so prices won’t increase. Vietnamese farmers mostly...
Read more
Our personal finances from East to West
How do you think your personal finances will develop in the next 12 months? – in the 1st quarter of 2015 Nielsen asked consumers this question in 60 countries all...
Read moreGrape growers are expecting better protection from the Nébih
The protesters who demonstrated on Wednesday in front of the National Food Chain Safety Authority’s (Nébih) Wine and Alcoholic Beverages Board of Directors, asked for stricter controls more than ever...
Read moreAnalysts: it was expected that inflation will slow down in July
It was expected that inflation will slow down in July. On the basis of the recent data (consumer prices were 0.4 percent higher than a year earlier), however, the basic...
Read more
Brussels to support the little ones
The EU accepted the Hungarian rural development program. The large estates lost against the small estates, after such an agri-rural development can take place, which reflects the government's desire to...
Read more
42 percent of the Hungarian families throw out food regularly
42 percent of the Hungarian families regularly throw out food, in 8 out of 10 cases due to change in quality, in one-fifth of the cases, due to the expiration...
Read more
Gemius: online ordering to be fun!
In 2015, 2,803,000 Hungarian net users have purchased from domestic portals, while 833,000 persons have chosen products from foreign sites . This is a clear increase,l compared to last year's...
Read more
Omega-3s may prevent from the development of schizophrenia
Omega-3 fatty acids may prevent the development of full-blown schizophrenia in people who are at high risk of the disease, new research suggests. What's more, omega-3s seemed to prevent the...
Read moreGrocery retail on a growth path
Value sales soared 4.9 percent and volume sales improved by 3 percent in Q1 2015 if compared with the performance of Q1 2014. Both indicators are above the European average....
Read moreInflation was 0.4 percent in July, while the price of food rose above the average
In July, consumer prices increased by an average of 0.4 percent, compared to a year before, while compared with June have not changed on average – the Central Statistical Office...
Read more
Analysts: trade surplus exceeded the expectations in June
The growth of the trade surplus in June exceeded the expectations of the analysts. The annual export surplus according to the analysts of the Erste and ING Banks is likely...
Read moreOECD: a recovery in the euro zone and a slowdown in the US and China
THe Composite Leading Indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to stable growth momentum in the OECD area as a whole. Stable growth...
Read more
Visa: Hungarians use their bank cards more regularly
Card usage increases in Hungary, compared with cash use. According to the survey of the Visa Europe examining the Balaton region, the number of POS transactions grew by 17 percent...
Read more
The DHL signed official logistics partnership deal with MotoGP
DHL announced a new three-year partnership with the world's premier motorcycle racing championship, MotoGPTM. The partnership will see DHL support the logistics needs of MotoGPTM and its sister championships, Moto2TM...
Read moreHarvest has begun in the Sopron wine region
Compared to last year, the harvest has begun in the Sopron wine region one day earlier; on Monday. Kurt Taschner, the owner of the Taschner Wine House told MTI on...
Read more
Hungarian brewers are proud of the quality they produce
On 15 June the Federation of Hungarian Breweries published a statement, welcoming the fact that inspections by the Hungarian Authority for Consumer Protection found that each of the 40 different...
Read more
Growth in domestic trade catches up with export
According to GKI Economic Research Zrt., in 2015 Hungary’s economy will grow faster than the European Union’s 1.8-percent average, but it has no chance of repeating last year’s 3.6-percent expansion...
Read more
Sziget Festival: the consumer protectors are constantly monitoring the festival
The consumer protectors are constantly monitoring the vendors of the Sziget Festival – Anita Kiss, press officer of the National Consumer Protection Authority (NFH) told on Tuesday at a press...
Read more
Field work done the optimal way
Esri Hungary Ltd. has a solution called ArcGis, which relies on spatial data to provide business decision-makers with the latest data they need. Attila Oláh, the managing director of Esri...
Read moreThe government will give significant amounts for the development of the wineries
The government devotes a significant amount of technological development to the wineries, from the 1,300 billion HUF rural development program of the coming period – Kis Miklós Zsolt Minister of...
Read more
KSH: a revival in foreign trade in June
The foreign trade turnover increased significantly in June: the value of exports calculated in euros increased by 13.4 percent, while the imports by 8.9 percent, compared to the previous year,...
Read moreThe NÉBIH will test the freshly harvested grain
In order to filter out contamination in grains, the NÉBIH will test the mycotoxin ie fungal toxin content of cereals – the deputy director of NÉBIH told M1 news channel...
Read more
