Market News
Kopint-Tárki: exports and private consumption can boost economic growth
The completion of the projects of the 2007-2013 EU budgetary cycle may cause smaller fractures in investment, however, exports and private consumption can boost economic growth – Palócz Éva, CEO...
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Agricultural exports to Germany increased by seven percent last year
The largest market for Hungarian agricultural products is Germany. Last year the Hungarian agricultural exports to Germany grew by 7 percent, compared to the previous year – the Minister of...
Read moreThe Bonyhád-based Danubiana Kft. increased its exports
The Bonyhád-based Danubiana Kft. increased its exports by about 5 percent in 2015 – the company's managing director told MTI. Schmidt Győző informed that the German owned ltd. sold 138...
Read moreHalf of Slovaks purchase even if they do not have enough money
Traders in Slovakia seeks to prolong the year-end shopping season with substantial discounts, at least until the end of January. The Bratislava Tvnoviny reorts that according to the survey of...
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Morocco is interested towards the Hungarian agricultural technology
Morocco is interested towards the Hungarian agricultural technologies and food safety experiences – the Ministry of Agriculture (FM) told in its communication. According to the information, Fazekas Sándor, Minister of...
Read moreThe Nébih seized counterfeit wine
The experts of the National Food Chain Safety Office (Nébih) seized 13,100 liters of counterfeit wine that is unfit for public consumption. According to the statement of the National Food...
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Hungarian consumer confidence at five year high
In the third quarter of 2015 the Hungarian consumer confidence index was at 61 points – this is the highest value of the last five years. The index grew 6...
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The Central and Eastern European commercial real estates are popular
A record amount of 9.6 billion euros investment has arrived to the Central and Eastern European region's commercial real estate market (excluding Russia) in 2015, 20 percent more than in...
Read moreInterpretations uncertainties in the reduction of pork VAT
According to the information of the agrárszektor.hu, the National Retail Federation (OKSZ) is calling that the National Tax and Customs Administration (NAV) to issue resolution in controversial cases. The 5...
Read moreKSH: consumer prices grew by 0.9 percent in December
Consumer prices increased by 0.9 percent in December, compared to the previous year. Compared with November the decline was 0.3 percent. Last year, for the year as a whole, consumer...
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EU's first beef shipment arrived from Hungary to China
The first European beef shipment arrived from Hungary to China. The arrival of the container was celebrated in the Shanghai port on Thursday – Szabó László, Parliamentary Minister of State...
Read moreAnalysts: inflation may remain below 2 percent this year
In the next few months prices can start to increase moderately, but the annual average inflation may remain below 2 percent – macroeconomic analysts told MTI. In response to the...
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More than half of the loans aimed at investments could not be achieved without the NHP
The small and medium-sized companies could not taken up more than half of the loans aimed at investments, without the growth loan program (NHP), which significantly contributed to the strengthening...
Read morePrivate consumption is the engine of the German economy
The German economy increased by 1.7 percent last year. It is the highest growth in the past four years – according to the first estimate of the German statistical office...
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Corporate social responsibility may increase
According to Deloitte’s research carried out among Bulgarian, Czech, Kosovan, Latvian, Lithuanian, Hungarian, Romanian, Serbian, Slovak and Slovenian CSR managers, the companies in Central Europe have a tremendous responsibility in...
Read moreGrain Producers: he plants can tolerate the lower and higher temperatures as well
Vancsura József, president of the National Association of Grain Producers (GOSZ) told MTI on Wednesday that the changeable weather is not a problem for winter cereals because the plants can...
Read moreThe industrial tomato is the big winner
The production of vegetables declined by about one hundred thousand tonnes last year, mainly due to the Russian embargo, however, the production of industrial tomato cultivation increased, and there is...
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Pumpkin is becoming increasingly popular
After Nagydobos, Tarnaszentmiklós also tryes to become a pumpkin village. Landraces cannot be found here, but according to the locals, this is more an advantage than a disadvantage, because the...
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New Putin fragrance goes on sale in Moscow
It’s soft but at the same time it’s very firm as it is expected from decision makers. The perfume called Number One and inspired by the Russian President Vladimir Putin....
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EU food aid: it is not known when the packages will be distributed
Food packages are distributed to the needy in Romania for many years with the support of the European Union, usually before Christmas. In the early years the municipalities directly arranged...
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Let’s make Hungarian food products competitive!
At the end of November the Federation of Hungarian Food Industries (ÉFOSZ) organised an open roundtable discussion on the future of the Hungarian food industry. ÉFOSZ president Tamás Éder told...
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Retail sales kept growing in September
After the 4.6-percent growth in August, retail volume sales improved by 5.1 percent from the base period level in September 2015. Food and food-type retail sales increased by 3 percent...
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Poultry Product Council: the impact of VAT reduction can not be felt in case of fowl meat yet
The impact of pork VAT reduction can not be detected in the evolution of turnover of poultry meat – the Professional Advisor of the Poultry Product Council (BTT) told MTI...
Read moreFazekas: demand for pork increased
The traffic data and the customer interest has confirmed that the 27 to 5 percent VAT reduction on pig carcase meat was a right decision – the Minister of Agriculture...
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NFH: an internet lab filters out the websites that mislead consumers
The consumer protection investigations continue to focus on to protect the consumers’ physical integrity, health, and the security of property. The checks shall extend to comply with the changes in...
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New form of illegal shops
Grocery store, florist, car repair shop and liquor store – just a few of the businesses operating without licenses at home. Mainly citizens brought the authorities’ attention to these black...
Read moreVAT cut: the traders are waiting for an answer
This week it will be cleared that which products are belonging to the five percent VAT. The VAT reduction on pig carcase meat is in force from 1 January. In...
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SMEs expectations for 2016
The SME confidence index of the K&H – that shows the domestic business expectations – slightly declined. The index decreased by two points to -11 points. The SMEs expect worse...
Read moreProfession.hu: young men are more likely to receive a reward
Half of the employees receive some reward for their performances at the end of the year. Men are more likely to receive a reward or bonus for men, especially the...
Read moreThe toll system is succesful
The toll system performs better. The passenger car and truck owners paid 243 billion HUF to use the roads. Who bought e-sticker paid 57.8 billion HUF, those people who use...
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