Market News
NGM: a further increase in retail sales is expected
The NGM expects further increase in retail volume during the year, because inflation is low, employment is high and unemployment is very low – Lenner Áron Márk, the Deputy Minister...
Read moreHungarian wine exports increased
According to preliminary data, the Hungarian wine exports were around 90 million bottles last year, after the 85 million bottles of 2014 – Szabó László Parliamentary Minister of State of...
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Nielsen: Easter candies were sold in a value of nearly 4 billion HUF last year
About 844 tons of chocolate bunnies, eggs and other festive sweets were sold by retail last year during the Easter period in a value of almost 4 billion HUF. In...
Read moreFM: non-GMO food labeling rules are completed
The legal framework for GMO-free food labeling is completed, which is expected to enter into force in the first half of the year – the Ministry of Agriculture (FM) told...
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A record-breaking trade surplus in 2015
Last year, the export value in euros increased by 7.1, while imports rose by 5.4 percent. The trade surplus increased to 8.118 billion HUF – the Central Statistical Office (KSH...
Read moreHundreds of billion HUF supports will be available after 1 April
The farmers can submit their single electronic agriculture and rural development support claims from 1 April to the Agriculture and Rural Development Office (MVH) – the agrarszektor.hu wrote. Supports can...
Read moreKSH: the use of biofuels is increasing constantly
The share of biofuels is continuously increasing in Hungary within fuel consumption. In 2004, it was 0.4 percent, while in 2014 it was 6.9 percent, and surpassed the 5.9 percent...
Read moreRomanian retail sales increased significantly
The volume of Romanian retail sales increased in January by 15.6 percent, compared to January 2015 – the Romanian national statistical institute announced on Thursday. The increase is mainly due...
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A new Hungarikum center opens in Serbia
Serbia’s fourth Hungarikum Centre was opened in Szabadka on Thursday. The customers can choose from seven hundred kinds of Hungarian and Vojvodina products in the shop – the website of...
Read moreSeveral million HUF worth cigarettes were seized by the police on the M3 motorway
Several million HUF worth cigarettes with and without tax stamps were found by the police on the M3 motorway in a man's car on Friday – the Heves County Police...
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Facebook marketing is trendy
Website, company Facebook page and e-mail – these were small businesses’ favourite marketing tools in 2015, according to Marketing Commandó’s survey, conducted with the participation of its Facebook followers and...
Read moreKSH: Retail sales rose by 2.1 percent in January
The unadjusted volume of retail sales increased by 2.1 percent in January, while the calendar effect adjusted data shows a 1.6 percent increase, compared with the previous year – the...
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FM: dairy farmers to receive extraordinary support
According to the government’s decision, the Ministry of Agriculture (FM) provides 11.44 billion HUF bonus support to the dairy farmers in 2016 – the Ministry of Agriculture (FM) announced on...
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The series of technical consultation for the food industry is completed
The series of discussions between the food industry sector and the Ministry of Agriculture (FM) is completed. At the events held in February possible development directions were reviewed, from raw...
Read moreChilean market was opened to the Hungarian pork
Four Hungarian pork-processing plants will export pork to Chile in the future, thanks to the successful negotiation of the Ministry of Agriculture (FM) and the National Food Chain Safety Office...
Read moreHow longer the corn prices to decrease
Corn prices are in strong minus. If we consider the long term price trends, prices are falling further everywhere. Economically it is understandable: the global yield of the past two...
Read more(HU) Megugrott a pálmaolaj, a globális mutató mégis változatlan
Sorry, this entry is only available in HU....
Read moreMore than 100 thousand companies are waiting for the opinion of the employees on the Hungarian community site
The Munkatársaim.hu. social networking site of the Hungarian workers and companies was launched more than a year ago. The aim of the initiative is to let the employees to draw...
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The retail of the EU and the euro zone increased in January
Retail sales in January increased in the euro zone and in the European Union, compared to the previous month. EU's statistics office, the Eurostat announced on Thursday that, according to...
Read moreFrance is no longer the number one trading partner of Germany
The United States became the top destination for German exports last year, overtaking France for the first time since 1961 thanks to an upturn in the U.S. economy and a...
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We gather information online and buy offline
Google’s survey found that the proportion of those consumers who gather information and buy online is the lowest, 1 percent in the FMCG category. In 40 percent of cases looking...
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Magazine: Franchise format becoming more popular in Hungary
András Tóth, the president of the Hungarian Franchise Association (MFSZ) talked to our magazine before their 2016 Award Ceremony and Gala Dinner. He told that there was growing interest in...
Read moreGfK: consumption of healthy foods is increasing
Although still many people give up conscious eating due to their limited financial means or because of conflicting informations, the demand for healthy food continues to grow – according to...
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An increase in advertising spendings in 2015
Advertising spendings in 2015 increased by 2.81 percent and amounted to 194.37 billion HUF, compared to the 189.05 billion HUF of 2014 – Hivatal Péter, a member of the Hungarian...
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The government decided about the comprehensive plan of action for the dairy sector
The government decided about the comprehensive plan of action for the dairy sector – the government's decision will be published in the Hungarian Official Gazette (Magyar Közlöny). In the decision,...
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The total media market revenue is over 96 billion HUF in 2015
The printed media still has an enormous impact on consumers, opinion leaders and on the whole society. The press market reached 32.234 billion HUF advertising revenues and 57.952 billion HUF...
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The implementation of the Tokaj Wine Region Community Infrastructure Program is possible
The implementation of the Tokaj Wine Region Community Infrastructure Program is possible, because the Government is supporting it – the government's decision on this was published in Tuesday's issue of...
Read moreInland water damages the autumn crops
The inland water damages 30-40 percent of the autumn crops (wheat, barley and canola) in Békés county – Barabás Béla, secretary of the Békés County Farmers' Federation told MTI on...
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NAV: the sale of wild collectible products has been simplified
From January the collecting of herbs and spices, wild fruits and fungi has been simplified, as well as the selling of snails to individuals. According to the communication of the...
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