Market News
German exports may continue to grow in agriculture
This year, the Hungarian agricultural and food exports to Germany exceeded last year's record levels – the Minister of Agriculture said on Tuesday in Budapest, at an international press conference....
Read moreNGM: inflation will be below 0.4 percent this year
The government's convergence program expects an average inflation of 0.4 percent for the whole year. According to recently published data it will be slightly below it – Balogh László, Deputy...
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The '56 vintage of Tokaji aszús will be rebottled
In honor of the 1956 memorial year 150 Tokaji wine specialties will be bottled again, from the aszús that can be found in the National Wine Depository. In 1956 harvest...
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Legal practice in VAT deduction lawsuits
The Curia of Hungary has published a document with detailed information on its legal practice in lawsuits concerning VAT deduction matters. In the future this document can act as a...
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Electromobility – the way of the future
After the shock of the BREXIT the markets more or less returned to business as usual mode. The FED didn’t see any reason the change the base rate in June...
Read moreKSH: inflation was 0.6 percent in September
Consumer prices were on average 0.6 percent higher in September than a year before, while compared with the previous month increased by an average of 0.2 percent. The Central Statistical...
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Ten Hungarian companies can transport milk and dairy products to Chile
The Chilean authorities accepted the registration of ten Hungarian milk and milk products manufacturing plant on Monday. These companies can launch their first shipment to South American country – the...
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Recent additions in the Széchenyi Card Program
The loan products of the Széchenyi Card Program were expanded. From now, up to 50 million HUF Széchenyi Working Capital Loan can be claimed, compared to the former 25 million...
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Two new types of cash registers received marketing authorizationTwo new types of cash registers received marketing authorizationTwo new types of cash registers received marketing authorization
Two new types of cash registers complying with the new technical requirements received marketing approval on Tuesday. One of them is a portable cash register, so it can used by...
Read moreGrowth is stable in the major developed economies
Growth is stable in the major developed economies, according to the CLI August complex macro-economic indicator of the OECD published on Monday. The Paris-based Organisation for Economic Cooperation and Development...
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Ukraine has become the world's largest flour exporter
Ukraine was the world's largest flour exporter between July 2015 and June 2016. Ukraine exported a total of 344 thousand tons, which is 32.5 percent more than in the same...
Read moreForty million HUF worth smuggled cigarettes were found Tiszabecs
Forty million forints worth smuggled cigarettes were found by the finance guards in an underground hideout in Tiszabecs – the press officer of the National Tax and Customs Office (NAV)...
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Efficient mobile advertisements provide information
At the moment 79 percent of smartphone users with an internet access – 2.9 million people – come across mobile advertisements, revealed a study conducted in 2016 by eNET and...
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Multisensory experiences
Very often retailers only concentrate on what shoppers see when creating the interior of a store. However, if they wish to really impress customers, they also need to pay attention...
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Paying the bill to a robot
As part of a pilot project by Pizza Hut Asia, a robot called Pepper – developed by Softbank Robotics – welcomes guests in restaurants and takes the order. It is...
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GfK: the weight of the markets decreased in the procurement of daily consumer goods
The ratio of the markets, including the weight of the farmers' markets decreased in daily consumer goods purchases. The share of visitors from the 72 percent measured in 2010, decreased...
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Hungarian cabbage farmers face a difficult year
Hungarian cabbage farmers are facing a difficult year in 2016: this year a series of diseases decimated the crops, the market price is lower than before, while its hard to...
Read moreDepressed purchase prices at the wine-growing regions
The growers are complaining about low purchase prices this year. Grape growers interviewed by MTI told that prices have not increased since last year, despite the high quality of the...
Read morePénzügykutató: Economic growth may accelerate next year
In its latest forecast presented on Monday, the Pénzügykutató Zrt. forecasts a 2.2 percent GDP growth for this year and a 3.0 percent growth for next year, after last year's...
Read moreGerman exports increased significantly
In August, German exports increased by nearly ten percent in an annual comparison, while compared to the previous month by 5.4 percent, the highest extent of the past six years....
Read moreBritish Retail Consortium: The “Hard Brexit” may cause substantial customs charges
According to the British Retail Consortium (BRC), the “hard Brexit” may cause substantial customs charges, thus making imports more expensive. The “Hard Brexit” means that Britain would not only leave...
Read moreNo change in the weight of various store types
In the February 2015-January 2016 period coffee sales valued at HUF 54 billion. Value sales were up 3 percent but volume sales dropped 1 percent. 200m² and smaller shops’ share...
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Nielsen’s category management workshop aims to provide better services to the customers
If the customers see that the product range in a store is adjusted to their needs, then the place is appreciated by them. Nielsen’s category management workshop,which will be held...
Read moreFazekas Sándor: two-thirds of the area is complete grape harvest
Grape harvest has been completed about two-thirds of the fields – the Minister of Agriculture said on Saturday in Rátka, Borsod-Abaúj-Zemplén county. During a visit to the Angyal Borászat és...
Read moreThe day of Internet shopping was organized again
The day of Internet shopping will be organized for the sixth time in Hungary. During Friday's one-day e-commerce action hundreds of shops will offer special discounts – the organizer, the...
Read moreNGM: A hundred billion HUF worth food support program to be sent to social debate
The NGM on Friday sent the Support of Food-Industrial Complex Investments with combined loan products call for proposal to social debate. The total of 100 billion forints – 50 billion...
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KSH: foreign trade turnover in August increased significantly
In August, the value of exports increased by 12.5 percent in euros, while imports increased by 10.8 percent, compared to last year, after the 5.4 and 6.4 percent decline of...
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NÉBIH: Due to misleading labeling organic rice milk chocolate was withdrawn from the market
Due to misleading labeling organic rice milk chocolate was withdrawn from circulation. The consumption of the chocolate with milk-free and vegan inscription is dangerous for people with milk and protein...
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