Market News

Corporal trust returns to the region

The proportion of companies that expect a revenue growth has doubled in the region as well as in Hungary. The company executives of the Central and South Eastern European region...

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Budapest Bank: the Growth Loan Program can really accelerate

The Credit Growth Programme (NHP) of the central bank characterized the corporate credit market in the first half of 2014, despite the companies’ interest was a bit low in the...

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The Hungarian purchasing power is far below the EU average

Based on the consumption datas, a German household living twice as well as a Hungarian – turns out from Eurostat’s statistics. The real personal consumption is closely related to the...

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Cherry marketing problems in Szabolcs county

The Agricultural Chamber of Szabolcs-Szatmár-Bereg County turned for help to the Ministry of Agriculture Ministry, due to cherry marketing problems in the region selling – the president of the organization...

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Vegetable protein found less in cereals

The increased carbon dioxide concentrations in the atmosphere accelerates the development of the plants, but from grain – and thus also from the bakery products – important trace elements are...

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Magazine: It is (still?) Chinese to us

In the last few years Hungarian-Chinese economic relations have come to life. Today China has one of the fastest developing economies in the world, for instance China’s export performance already...

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Tomato, pepper: Hungarian instead of import

It is of key importance for Hungarian tomato and pepper growers to use reliable technology and produce constant good quality – better than their international competitors – if they want...

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NGM: We need to support the spread of the new payment methods

It is an important task is to ensure the framework for the new payment methods, because these methods of payment are low-cost, fast and adjust to consumer demand – Balogh...

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The SMEs are beyond the crisis

The majority of the domestic business believe that the economic crisis that erupted six years ago, has ended and they are looking forward. The former negative mood is replaced by...

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The President signed the Law on Advertising Tax

President Áder János President signed the law on advertising tax which was approved last Wednesday by the Parliament – the Parliament's website reveals. Under the legislation passed by the Parliament...

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Gross average wage: 229,800 forints

Compared with the same period a year earlier, gross wages grew 1.8 percent at enterprises employing at least 5 people, budgetary institutions and observed non-profit organisations. In January-March 2014 the...

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Grain reserves in the market

Data from the Agricultural Economics Research Institute’s (AKI) market price information system (PÁIR) reveal that – expressed in live weight price – 5 percent more pigs were slaughtered in January-February...

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Consumer confidence is on the rise

Since Match and Profi went out of business last year, the number of major grocery retail chains fell to nine in 2013. However, this change didn’t have an influence on...

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Magazine: Yogurt brands: active communication

Last year yogurt sales declined, mainly because of lower fruit yogurt sales – as it is indicated by Nielsen data. Beáta Kiss, external corporate relations director of Danone Kft. told...

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The EU support devoted to the development of the Hungarian fish farming industry increases significantly

The freshwater fish production can expect a significant improvement over the next seven years. It is a great success of the Hungarian agricultural diplomacy that through the new Hungarian Fishery...

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KSH: transportation performance increased last year

The transportation performance measured in ton per km increased by 3.1 percent last year and exceeded 50 billion, but still remains 3 percent below the performance of 2007- the Hungary,...

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The Nébih checked the pickles

The National Food Chain Safety Office (Nébih), tested pickles as the continuation of its series of quality checking test. From the 52 random tested products, in cases of 27 products...

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Chamber of Agriculture: Carpathian Basin may become a unified region in agriculture

The Carpathian Basin should become a unified region in agriculture – Győrffy Balázs, president of the National Association of Agricultural Economics (NAK) told at a press conference following the two-day...

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The MAF Social Investment Award competition 2014 to be launched

The Hungarian companies can apply for the MAF Social Investment Award From June 2014. Nearly 100 domestic companies took part in the recognized professional competition of the Hungarian Donors Forum...

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IKSZ: the proportion of selectively collected beverage cartons has increased

The ratio of selectively collected beverage cartons is increasing from year to year in Hungary. Last year, their proportion amounted to 22 percent – according to the calculations of the...

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Super banana may improve health of millions in Africa

A genetically engineered super-enriched banana may improve the lives of millions of people in Africa will soon have its first human trial, which will test its effect on vitamin A...

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The beer teams are getting ready for kick-off

In 2013 the beer market reacted with a 5-percent decline in volume sales to the 10-percent excise duty increase. Especially mainstream brands suffered as demand shifted towards economically priced products....

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Outstanding performance from mineral waters

This year mineral waters performed superbly: between December 2013 and March 2014 sales exceeded HUF 15 billion, growing by 15 percent in value and by 10 percent in volume. The...

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Magazine: The next home preserving season may be outstanding

In Hungary a large part of home made marmalades and jams are made from fruits grown in people’s own gardens: the majority of housewives make jams and preserves because they...

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The Hungarian Association of Commerce has been formed

To represent the interests of the Hungarian Trade, the Hungarian Association of Commerce (MKSZ) has been established – Szatmáry-Jähl Angéla, president of the association told MTI on Thursday. As she...

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OKSZ: consumption can increase by 2-3 percent this year

Adjusted to real incomes, consumption is expected to increase by around 2-3 percent in Hungary, by considering the entire year – the National Retail Federation (OKSZ) told MTI on Friday....

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Bisnode: animal husbandry is riskier than plant cultivation

The bankruptcy rate is 2.5 percent on the field of livestock production, forestry and wildlife management, while in crop production and fishery the rate is lower; less than 1.5 percent...

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Foods, beverages and tobacco products gave four-tenths of the trade surplus

The food, beverage and tobacco trade balance surplus – with the exception of 2009 is increasing since 2006. Its value was 2.783 billion euros in 2013, which was four-tenths of...

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KSH: agricultural prices continued to fall in April

Agricultural producer prices were 8.9 percent lower in April than a year earlier, after the price of vegetable products decreased by 13.6 percent and the price of live animals and...

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The agriculture ministers of the V4+4 welcomed the EU decision on GM crops

The agriculture ministers of the V4+4 countries welcomed the EU decision on GM crops at the V4+4 Agriculture Ministers Meeting in Budapest on Friday. According to the decision, the Member...

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