Market News
The price of food and alcoholic beverages have risen
In June, consumer prices were on average 0.6 percent higher than a year earlier, while compared with May consumer prices rose by 0.2 percent – the Central Statistical Office (KSH)...
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If summer, then melon: the melon season has started without scandals
If summer, then melon: if melon, then melon campaign. The Agricultural Marketing Directorate of the Hungarian National Tourist Office launched a promotional campaign again this year to promote fresh, domestic...
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The dairy market is constantly changing
In the final, 2014/2015. milk quota year (1 April 2014 to 31 March 2015), the purchase of dairy products increased by three percent in the EU, compared to the previous...
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The new catering system helps the parents
The new catering system coming into force from the autumn helps families living in difficult financial circumstances and parents fostering children as well – Rétvári Bence, Parliamentary Minister of State...
Read moreTo realise the opportunity
The people who turn to me for advice can usually realise the opportunities in business but they tend to not notice them when they manifest in their private life. In...
Read moreGfK: Consumer expectations improved in the second quarter
The consumer expectations improved and the propensity to buy index also increased in the second quarter in Hungary – the GfK Hungária told MTI on Tuesday. The GfK Compley Consumer...
Read moreThe MSZP has re-submitted its referendum initiative
The Socialist Party (MSZP) re-submitted its referendum on the termination of the Sunday Store Closure initiative unchanged on Tuesday to the National Election Office (NVI). The step of the Socialists...
Read moreAccording to the Association of Hungarian Brewers, a significant increase in demand to occur for beer
Because of the heat, the demand for beer can increase significantly this summer – according to the Association of Hungarian Brewers. The organization in its Tuesday statement describes that last...
Read moreHarvest started in Tolna County with a six-ton average yield
According to the data of the National Association of Agricultural Economics (NAK) after the harvest of the ten percent of the sown area of the winter wheat in Tolna county,...
Read moreThe results of Hungarian researchers promotes the development of cheaper and more reliable Internet
The researchers of the Hungarian Academy of Sciences and Budapest University of Technology and Economics promotes the development of cheaper and more reliable Internet. The researchers published their findings in...
Read moreThe volume of retail sales in Romania increased by four percent
The volume of Romanian retail sales increased by 4 percent in the first five months of the year, compared to the same period of last year – the Romanian National...
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NFH: almost all of the swimsuit have passed the tests
The National Consumer Protection Authority (NFH) tested swimsuits this year for the first time. The professionals did not find swimsuits containing dangerous substances,only one product had misleading information written on...
Read moreNGM: savings and consumption are expanding in long-terms
Balogh László, Deputy Minister of State of the Ministry of National Economy (NGM), responsible for Finance Policy told that savings and consumption turned into the right direction in Hungary, their...
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The Dairy Product Board calls for tighter regulatory controls
The Dairy Product Board Interprofessional Organization and Marketing Board calls for stricter official controls in order to protect the Hungarian dairy sector’s participants – Hartz Zoltán, executive director of the...
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KSH: imports grew faster than exports in April
The value of exports calculated in euros increased by 8.8 percent in April, while the value of imports increased by 9.7 percent. The export surplus was 497 million euros, 16...
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OKI: you should pay attention to the proper storage of foods
You should pay attention to the proper storage of foods in the heat, because there are bacteria that like warm – Páldy Anna, Deputy Director General of the National Environmental...
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The leaders of one hundred and fifty Hungarian SMEs discussed with companies in Serbia
The Hungarian-Serbian business forum was surrounded by a high interest. It was organized by the Hungarian National Trading House. At the event, took place with the participation of 150 Hungarian...
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The wine regions of Burgundy and Champagne were added to the list of UNESCO
The United Nations Educational, Scientific and Cultural Organization's (UNESCO) competent committee declared the Burgundy wine region as well as the cellars of the Champagne region as World Heritage at a...
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Fake perfumes and pálinkas without tax stamps were found in a Romanian bus
Hundreds of boxes of fake branded perfumes and twenty-five liters of unverified pálinkas without tax stamps were seized by the finance officers on the M7 motorway. The value of the...
Read moreFamíliatészta is certified to be stable
Famíliatészta Kft. earned Bisnode’s AA certification – only 1.75 percent of companies have it in Hungary. Unbiased expert Bisnode attests that the Mezőberény-seated, Hungarian-owned pasta manufacturer and distributor is a...
Read moreRetail sales increased above 5 percent in May
In May, the volume of retail sales increased by 5.2 percent according to the calendar-adjusted data, while by 4.2 percent, according to the unadjusted data – the first estimate of...
Read moreThe turnover of seasonal products increases significantly during the summer heat wave
Due to the heat, the retail sales of mineral waters, beers, ice-creams can significantly increase in the following days. Fodor Attila, communications director of the CBA told MTI on Friday...
Read moreMLSZKSZ: Russian embargo, conserved Hungarian market loss
Business exporting to Russia and logistics companies are the biggest losers of the sanctions. The question now is not whether how much the EU is losing with the Russian embargo,...
Read moreOutstanding optimism in SME sector
After the stagnation of the beginning of the year the firms’ confidence in the has improved. The K&H SME confidence index is currently -7 points after the 7-point jump. This...
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The KDNP would tighten the rules on product demonstrations
Companies dealing with product demonstrations and sales have to open customer support service and these companies cannot provide consumer credit – the Christian Democratic People's Party suggests. Rétvári Bence, vice...
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More than a hundred tons melons of unknown origin were seized by the NAV
More than one hundred tons of watermelons were found in a warehouse in Budapest by the inspectors of the National Tax and Customs Administration (NAV) – the tax authorities told...
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One and a half thousand Hungarian innovation projects won EU support
Out of 7391 tenders, 1500 Hungarian tenders won a total of 278 million euros within the European Union's R & D support program that was ended in 2014. During the...
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This year’s new Magnum products were inspired by delicious pastries
Magnum Tiramisu is covered with crispy chocolate and the experience is made complete by the coffee sauce, the soft tiramisu ice cream and the spongecake bits. Magnum Crème Bruˆlée is...
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Innovation ‘showroom’ in Lauterbach
STI Group built an innovative ‘showroom’ in its Lauterbach (Germany) headquarters to present their packaging and display solutions to partners. There are several stages of the exhibition in the showroom....
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