Market News
Strict regulations and measures remain in force due to the FMD virus
The National Food Chain Safety Authority (Nébih) draws attention to the fact that strict regulations are still in force in order to stop the foot-and-mouth disease (FMD) disease. The virus...
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The eNYUGTA subpage of the Hungarian Tax Authority (NAV) providing information about the e-cash register system has been launched
The eNYUGTA subpage has been launched on the website of the National Tax and Customs Administration (NAV), where the office publishes all important information about the e-cash register system that...
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National Chamber of Agriculture: Ukraine’s accession could destroy the entire EU agri-food industry
When Brussels forces Ukraine’s accession, it is playing with the livelihood of all EU producers and the EU’s food security – said Zsolt György Papp, President of the National Chamber...
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Danone to drop Provamel in Germany
The French group is pulling the organic alt-milk brand in August. Danone is to stop selling its organic alt-milk brand Provamel in Germany. The French group is pulling the brand from...
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Card payments getting more popular in Bosnia and Herzegovina
Last year, online card payments accounted for 43.1 percent of all online payments in Bosnia and Herzegovina. A year earlier, that share was still 32.8 percent. This reflects a gradual...
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Fast-growing supermarket chain Studenac nurtures high ambitions
Studenac, one of the fastest-growing food retailers in Central and Eastern Europe, saw sales rise 22% in 2024 and aims to grow to 3,400 stores by the end of 2028,...
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Agrometeorology: rain would be good, but precipitation will arrive unevenly
Rain would be good for crops in the fields, but the distribution of precipitation will be very uneven in the period until Saturday – wrote HungaroMet Zrt. in its agrometeorological...
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The GKI business climate index increased slightly in April
According to a survey by GKI Economic Research Ltd. – conducted with the support of the EU – the outlook for consumers and the business world improved slightly in April...
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We waste 62 kg of food per capita every year
Food waste and overconsumption are an increasingly pressing problem: the surplus produced in households imposes not only an economic but also a serious environmental burden on the planet. Annamária Éva...
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Farmers are the most trusted
According to the Food Trust Report 2024 of EIT Food Consumer Observatory, European consumers have remained distrustful about food industry operators. This article is available for reading in Trade magazin...
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Róbert Zsigó: the margin reduction was introduced five weeks ago, and since then the prices of 887 food items have become more favorable
The government introduced the margin reduction five weeks ago, and since then the prices of 887 food items have become more affordable, the parliamentary state secretary of the Ministry of...
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MNB: price stability is the basis for sustainable growth
The new leadership of the central bank is committed to achieving and maintaining price stability, while improving the efficiency and practical utilization of the central bank’s work, Mihály Varga stated...
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PMI: moderate growth in February
After a moderate expansion in the spring of 2024, the domestic manufacturing sector has been experiencing a sustained slowdown since June. This article is available for reading in Trade magazin...
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HNT: Today’s young adults are becoming conscious wine consumers sooner
The proportion of occasional wine consumers among the 18-40 age group has increased significantly in the past two years, and health and environmental awareness, as well as the importance of...
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The two most pressing challenges for an executive are labor and costs
The global CEO survey, jointly conducted by the International Executive Search Federation (IESF), an international organization specializing in executive search, and its Hungarian member company, HR consulting firm Prime by...
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High-quality Hungarian asparagus is a sought-after product on both domestic and export markets
There is a huge demand for high-quality Hungarian asparagus on both domestic and export markets. Although the overall production area is showing a decreasing trend, the quantity produced for export...
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Rapeseed producer prices rose by 46 percent
According to European Commission data, the Canadian export price (FOB) of canola fluctuated between $431 and $472/tonne in March, and between $481 and $502/tonne by April 9. The export price...
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Bird flu has also appeared in Békés County
The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of avian influenza virus in Békés County. The eradication of the affected herd and the epidemiological...
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Organic food market back on a growth track
The global organic food market was back on a growth track in 2023, with EUR 136.4bn sales and 99 million hectares of land used for organic farming worldwide. This article...
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Events featuring animals susceptible to FMD remain prohibited
The National Food Chain Safety Authority (Nébih) would like to draw your attention to the fact that the measures ordered due to the foot-and-mouth disease (FMD) virus have been extended...
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AM: Farmers will be helped with free irrigation this year too
This year, farmers will be helped with free irrigation, and similarly to last year, the government will exempt farmers from the agricultural water supply fee through state-owned water facilities in...
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Sales Of A-Brands In Dutch Supermarkets Drop By 9% In 2024
Sales of major branded products in Dutch supermarkets fell by 9% in 2024 compared to 2023, impacted by the tobacco sales ban introduced on 1 July 2024. Excluding this factor,...
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Farmers to receive free irrigation this year
Like last year, the government will exempt farmers from the agricultural water supply fee through state-owned water facilities in 2025. Irrigation is the basis of safe crop production and food...
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Asda to open 25 new convenience stores by year-end
Asda is ramping up its push into the convenience sector, with the launch of 25 new c-stores across the country this year. The supermarket giant said it plans to open...
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Bird flu has also appeared in Békés County
The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of the bird flu virus in Békés County. The eradication of the affected herd and the...
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Ferrero invests C$445 million to expand Ontario plant
The Ferrero Group is investing C$445 million ($319.7 million) to expand and upgrade its production facility in Brantford, Ont., to support the manufacture of new products, including its first-ever launch...
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The US government bans several synthetic food dyes
The United States government is banning several widely used synthetic food colorings, Health and Human Services Secretary Robert F. Kennedy Jr. announced Tuesday. The secretary said that “for too long,...
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Spinach producer price increased
According to Eurostat data, 14.02 thousand tons of spinach were harvested from 560 hectares in Hungary in 2024, which exceeded the average for the years 2019–2023 by 32 percent. According...
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Confidence in the global economy plummets due to US tariff war
The economic confidence indices of the world’s leading economies have deteriorated significantly due to trade tensions caused by US tariff measures, according to the Tiger Index compiled jointly by the...
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Earth Day: Climate awareness among the Hungarian population is on the rise
April 22 is Earth Day, so the domestic perception of climate change is a particularly topical issue. In a representative population survey of 1,000 people, the GKI and the EU...
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