Market News

The EKÁER system in practice

As of 1 March the Electronic Freight Goods Tracking System (EKÁER) has been operational. In the last days of February the legislators reworked the regulation, making changes based on the...

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Magazine: Mixed flavours are flying high

Fruit juice sales have been growing for many years. The key drivers behind the 7-percent volume sales growth and the 12-percent increase in value sales were the following: willingness to...

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KSH: agricultural producer prices continued to decline in March

The price of plant products was 9.1 percent lower, while the price of live animals and animal products was 6.6 percent cheaper in March, so the agricultural producer prices were...

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VAT on pigs: a price decline in consumer prices may come

After the VAT reduction on live pigs, the government may reduce the VAT on pig carcase meat as well the next year. The Meat Marketing Board told that this measure...

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Shrinking financial expectations for the SME sector

The sales revenue and profit expectations of the domestic SME managers have significantly declined since the end of last year. The domestic SME managers expect a 4 percent increase in...

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The NAV destroyed five tons of eggs

The ekáer inspectors of the National Tax and Customs Authority checked a truck carrying 80 thousand eggs near Rajka. The consignment had no ekáer (Electronic road freight traffic control system)...

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The Hungarian National Trading House opened its local office in Tel Aviv

The local office of the Hungarian National Trading House in Tel Aviv was opened on Wednesday, in the center of technology of the Middle East region. This Hungarian National Trading...

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The proportion of Slovakian foods fell to a record low rate in Slovakia

The proportion of Slovakian foods continued to decline in Slovakian stores last year. The proportion of Slovakian foods fell to a record low level to 40 percent in April 2015...

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Willingness to purchase gains new momentum

In March 2015 the GfK Complex Consumer Index was basically the same as at the end of last year at 164.8 points. The Consumer Expectations Index was down 5 points...

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Market increase for premium category bottled waters

The latest report from Zenith International – the world’s leading food and drink consultant – reveals that global sales of premium waters are growing year after year: at world level...

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KSH: GDP grew by 3.4 percent in the first quarter

Hungary’s gross domestic product (GDP) grew by 3.4 percent in the first quarter, compared to the same period of the last year – the Central Statistical Office (KSH) announced its...

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The supermarket chains may pay multi-billion HUF advertising taxes

The government significantly underestimates the expected revenues from the new advertising tax – nol.hu wrote. Népszabadság calculates that it will exceed the planned 7-9 billion HUF, and it will be...

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Public consultation about the Hungarian fisheries management program

The Prime Minister's Office sent the first version of the Hungarian Fish Operational Programme (MAHOP) to public consultation. The Prime Minister's Office expects the textual comments and suggestions of the...

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Menthol cigarettes to be banned from 2020

From 20 May 2020, the selling of menthol tobacco and menthol cigarettes will be prohibited in Hungary – Zombor Gábor, Minister of State of the Human Resources Ministry announced on...

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Printed foods to come

Special printers were presented on 21 April in Venlo, the Netherlands at the World’s first 3D Food Printing Conference. The special 3D printers are able to print foods – agrarszektor.hu...

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Give the bees a world day!

The agricultural ministers of the EU was discussing in Brussels within the framework of the GMO-free Europe initiative and supported the prohibition of the cultivation of genetically modified plants –...

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The national trading house is promoting Hungarian start-up companies in Singapore

The national trading house in Singapore is promoting Hungarian start-up companies, to help the companies breaking into the South East Asian markets. Szőke István, advisor of the trading house that...

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An increase in consumer prices in Germany

According to the provisional figures, the consumer prices in April stagnated in Germany on a montly basis, while increased by 0.5 percent in an annual comparison – the German Statistical...

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Are the employers to blame only?

A client of mine is working for a municipality company in a city. She is in an executive position and despite the fact that she is a top professional too...

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GfK: the households' spendings on fast moving consumer goods have increased

According to the Commerce Analysis study of GfK the households' spendings on fast moving consumer goods have increased last year. The population’s own more pessimistic assessment of its financial situation...

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Analysts say that the foreign trade outlooks are favorable

The outlooks of foreign trade are favorable – according to analysts interviewed by MTI who pointed out that the surge in exports can be mainly explained with the increasing performance...

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The chief veterinarian ordered inspection in the milk sector

On the basis of the reports of the Milk Interprofessional Organisation and Product Board, the Hungarian chief veterinarian ordered inspection in the milk sector from 6 May. The food safety...

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FM: the government supports the simplification of the Common Agricultural Policy

The government supports the simplification of the Common Agricultural Policy (CAP), in order to protect the Hungarian producers – the Ministry of Agriculture (FM) told MTI on Tuesday. According to...

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Excessive administration against VAT frauds hampers growth

VAT frauds cost nearly 200 billion euros for the EU member states every year. In Hungary 25 percent of the VAT is swallowed by the traders. However the increase of...

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The National Consumer Protection Authority tested hair dyes

During the test of the National Consumer Protection Authority (NFH) none of the hair dyes contained harmful substances – according to the release of the NFH, which was sent to...

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We do not sleep enough and we do not rest while working

The Hungarian workers spend not enough time with relaxing. The manual workers sleep the least, an average of 6-7 hours. In contrast, young people sleep much more – the survey...

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The proportion of obese young men has grown significantly in the past five years

In the past five years, the proportion of obese young men increased from nine to twenty percent in Hungary – Martos Éva, the Deputy Director General of the Food and...

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Five billion forints for tobacco growers

In 2015 the government earmarked HUF 5 billion for supporting tobacco growers through the Ministry of Agriculture and the Ministry for National Economy. Thanks to the support nearly 20,000 people...

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Smooth skin is the winner

Smooth, hairless skin is what women consider to be aesthetic these days, what is more, a growing number of men also use various hair removal solutions. Szilvia Papp, the brand...

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EU-funded projects tour Hungary

This spring the most exciting EU-funded development projects tour the country and between 28 March and 26 April they visit 70 towns and villages to inform the public about their...

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