Market News
That is how to pair beer with food
The Association of Hungarian Brewers shows the beer-food matching pairs on an information graphics.The Beer Guide of the Beer Association helps what kind of beer should we choose for main...
Read moreThe new tobacco regulation enters into force on Saturday
The new government regulation, regulating the packaging of the tobacco products will enter into force on Saturday. According to the regulation, the new tobacco products will be marketed in an...
Read moreVAT on internet to be reduced despite the rejection of the European Commission
Despite the refusal of the European Commission, the government will reduce the VAT on internet services from January 2017 – Világgazdaság wrote on Tuesday. Világgazdaság recalled that the European Commission...
Read moreFeketelista.hu: the number of company liquidation is continuing to decline
The reduction in the number of company liquidation is continuing. In the first half of this year 20 percent less 4333 firms were liquidated, compared to last year’s same period....
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Nézőpont: the majority supports the government actions against black economy
The majority of the Hungarian population supports government operations against the gray and black economy – according to the most recent survey of the Nézőpont Intézet (Viewpoint Institute). According to...
Read moreEconomic sentiment improved in Europe's largest economy
Economic sentiment improved in August in Germany and in the euro zone – according to survey of the Mannheim-based ZEW economic research institute. The German economic sentiment index improved by...
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Illegal spraying against potato beetles
Some domestic small-scale farmers are tired of the vain attempt to exterminate the potato beetles with commercially available sprays. Thus, the watchful farmers buys the effective and proper insecticide from...
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A French cheese was withdrawn from circulation
An E. coli bacteria contaminated French cheese was withdrawn from circulation by the authorities – magyaridok.hu wrote. The information came via the EU’s rapid alert system. The product was available...
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Poland imposes taxes on expansion
Poland introduced a new tax that is supposed to create better market positions for Polish companies. From the middle of summer major European retail chains will have to pay a...
Read moreSuccessful innovations
Hungexpo – the organiser of the Sirha Budapest 2016 trade show – and Trade magazine organised an innovation competition for exhibitors, who could enter the contest with innovative products launched...
Read moreTriticale is the crop of the future
Thanks to its wide range of good characteristics, triticale is becoming more and more important as a feed grain – our magazine learned at an international conference in Szeged. This...
Read moreThe trade association proposes to establish a fund to support the retention of labor force
The Hungarian National Retail Federation (MNKSZ) welcomes the fact that the government is examining the possibility to establish a fund to support the retention of labor force. The MNKSZ responded...
Read moreKSH: agricultural producer prices increased by 1.5 percent in June
Due to the 3.5 percent rise in the price of crop products and the 1.8 percent price decline of live animals and animal products, the agricultural producer prices increased by...
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Livestock farmers suffered significant losses
Due to the the increase in feed prices and a simultaneous decrease in the purchase price of animal products considerable losses occured in recent months to the classic livestock sectors,...
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Negotiations are continuing about the wiring costs of the vending machines
By September, all the questions may be cleared about the wiring costs of the vending machines – the president of the professional association of entrepreneurs operating the machines said –...
Read moreThe Hungarian growth is not enough to catch up
The growth of the gross domestic product (GDP) in the second quarter of 2016 surprised the analysts, but the 2.6 percent growth indicator is deceiving. If it is cleaned off...
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NAV: gifts are tax-free at festivals
Gifts given at festivals are tax-free, up to 10 percent of the total costs – was published by the National Tax and Customs Office (NAV) on its website. The Tax...
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1.25 billion HUF application to establish electric charging stations
The Ministry of National Economy’s (NGM) application to establish electric charging stations was published on Monday. For the 1.25 billion HUF non-refundable settlemets with more than 15 thousand inhabitants can...
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The automation trend prevails
There is increasing interest in automatic solutions in the fields of warehousing and logistics, in spite of the fact that only a few Hungarian companies have the necessary budget for...
Read moreThe Hungarian economy increased better-than-expected
In the second quarter the gross domestic product (GDP) increased by 2.6 percent compared to the same period of the previous year after a 0.9 percent rise in the first...
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Raspberry production may cease in Hungary
Hungarian raspberry may disappear from the market, because according to the producers it is less and less worth to deal with the large labor-intensive manual activity – Magyar idők wrote...
Read moreAnalysts: the better than expected GDP data can improve the economic performance of the entire year
The growth of the gross domestic product (GDP) in the second quarter was significantly higher than the expectations of the analysts, so the average performance of this year can be...
Read moreSummer harvested crops reached yields records
Winter wheat, barley and canola reached record yields this year – Nagy István Parliamentary Minister of State of the Ministry of Agriculture said on Friday in Hajdúböszörmény at the press...
Read moreSpecial tax could hit the Sunday afternoon opening hours
Népszabadság informs that the Sunday opening hours would be regulated by the law – portfolio.hu wtote. If a shop would remain open longer it would receive a special tax. The...
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Russia extends the destruction of embargoed food by the end of next year
The Russian government extended the destruction period of imported embargoed food until 31 December 2017 – according to a government decree released on Friday. In August 2014, Russia introduced an...
Read moreChamber of Agriculture: happy farmers after the harvest
After the completion of this year's harvest, farmers are satisfied with the crop, yield and quality – Süle Katalin, the spokeswoman for the National Bureau of Agricultural Economics Association (NAK)...
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Many wild and ornamental plants have more nutritional value than their cultivated counterparts
Many wild and ornamental plants have more nutritional value than their cultivated counterparts, Meredith said. “For example, wild spinach [also called lamb’s quarters] is a common garden weed with more...
Read moreGood results for the German economy
The German economy’s performance expanded at a higher pace in the second quarter than it was expected by experts. In quarterly adjusted terms, Europe's largest economy and economic powerhouse grew...
Read moreStagnant retail sales in the US
U.S. retail sales were stagnant in July, neither gaining much nor losing much, according to the Census Bureau on Friday. Without the sales of cars—which have been an important driver...
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Food products were the most frequently advertised in May
In May 2016 television commercials for groceries reached the most 18-49 year old viewers, as their GRP was 30,813 points, 6 percent higher than in last May. The GRP shows...
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