Market News
The import ban will have no significant impact on the Hungarian economy
Date: 2014-08-07 11:50:51
According to macroeconomic analysts, interviewed by MTI, the Russian import ban will have no significant impact on the economic growth of Hungary. According to Németh Dávid, senior analyst of the...
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Foreign trade surplus in June has become higher-than-expected
Date: 2014-08-07 11:40:14
The foreign trade surplus in June 2014 became higher-than-expected – macroeconomic analysts told MTI. According to the Thursday released datas of the Central Statistical Office (KSH), the value of exports...
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Two-digit growth in value sales
Date: 2014-08-07 09:42:19
In December 2013-March 2014 cheese sales rose 10 percent and exceeded HUF 28 billion, but volume sales reduced by 3 percent from then level of twelve months earlier – reports...
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This year's grape harvest will be bigger than last year’s
Date: 2014-08-06 11:50:14
This year's yields are expected to be higher than last year’s – Kiss Eliza, the Deputy Minister of State of the Ministry of Agriculture (FM) told MTI on Tuesday. Kiss...
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The Russian meat ban to be removed soon
Date: 2014-08-06 11:40:45
The Russian authorities can soon remove the ban against Hungarian companies that are exporting some kind of poultry meat and preserved meat products. The ban has been already removed against...
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The AMC has launched a champagne consumption promotional campaign
Date: 2014-08-06 11:37:42
The Agricultural Marketing Centre (AMC) of the Hungarian National Tourist Office has launched a campagn to promote Hungarian wine, sparkling wine and champagne. in order to leverage an annual consumption....
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Magro.hu: the purchase price of cereals reduced significantly
Date: 2014-08-06 11:36:18
In July, as a result of the marketing of the new wheat, the average price of cereals reduced significantly in Hungary – according to the Magro.hu. online agricultural marketplace. The...
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The growth of retail sales has accelerated in the Czech Republic
Date: 2014-08-06 11:10:10
In June, retail sales growth accelerated to 6.4 percent in the Czech Republic on an annual basis, while the growth was 1.1 percent in May – the Czech Statistical Office...
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Sausage volume sales up, too
Date: 2014-08-06 08:49:38
In January-April 2014 processed meat retail sales exceeded HUF 77 billion, growing by 6 percent from months 1-4 in 2013. Salami and sausage were responsible for 11 percent of sales,...
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KSH: retail sales in June increased by 3.8 percent
Date: 2014-08-05 12:10:50
The volume of retail sales increased by 3.8 percent in June, compared with a year earlier, according both the raw data and the working day adjusted datas – the Central...
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SME investment mood calmed down
Date: 2014-08-05 11:50:36
The investment mood of the domestic enterprises slightly calmed. currently 56 percent of the SMEs are planning developments. By considering the purpose of the projects, the IT developments are still...
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Retail sales increased in the Eurozone in June
Date: 2014-08-05 11:30:26
The retail sales in the Eurozone increased more than expected in June on an annual basis – the European Union's statistical office the Eurostat announced on Tuesday. Compared to the...
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MOSZ: the planned support reduction in agriculture is causing tensions
Date: 2014-08-05 11:29:15
The planned support reduction in agriculture is causing serious tensions – the president of the National Association of Agricultural Cooperatives and Manufacturers (MOSZ) told at a press conference on Tuesday...
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The fifth of the vendors at the Lake Balaton do not comply with the rules
Date: 2014-08-05 11:27:09
The inspectors of the National Tax and Customs Administration (NAV) held raids at the Lake Balaton. The tax authority’s staff has verified that how the lakeside merchants, restaurateurs, service providers...
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Magazine: New concept for SIAL
Date: 2014-08-05 09:51:00
SIAL, the world’s biggest food innovation trade exhibition, is held every second year. This year the event will celebrates its 50th anniversary in October with nearly 6,000 exhibitors and more...
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New Hungarian trading houses open in Asia
Date: 2014-08-05 08:55:38
The Hungarian National Trading House Zrt. (MNKH) opened a new trading house in Laos on 17 June and another in Vietnam on 19 June. There are already 11 trading houses...
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Cosmetics and household chemical sales increased in volume
Date: 2014-08-04 12:10:45
Favorable trends occurred this year in the domestic food retailing and in the sales of household chemicals and cosmetics. During the first half of the year, the turnover of this...
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The cash register should be accelerated to double speed
Date: 2014-08-04 12:00:09
The regulation of the Ministry of National Economy stirred up the standing water on the cash register market. According to the regulation, after 31 August only online cash registers can...
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Apple Marketing Board: the hugest yield of the last ten years is expected
Date: 2014-08-04 11:55:15
Due to the early spring the weather, the biggest apple harvest of the past ten years is expected in Hungary – the President of the Apple Marketing Board in Újfehértó...
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GKI: gradual slowdown in economic growth is expected
Date: 2014-08-04 11:53:26
According to the forecast of the GKI Economic Research Co. the economic growth will slow down compared to the first quarter’s 3.5 percent GDP growth rate. For the whole year...
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The breakdown of a cash register means high administrative workload
Date: 2014-08-04 11:51:48
If an online cash register breaks down, a a replacement machine must be set in place and the service should install a replacement cash machine within eight days. The problem...
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Polish agriculture may recive EU help
Date: 2014-08-04 11:02:50
Poland may receive help from the EU, because Russia banned Polish fruit and vegetables imports due to the economic sanctions – the Der Spiegel wrote. The Sunday edition of the...
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Romanian retail sales increased by more than 8 percent
Date: 2014-08-04 11:00:44
The Romanian retail sales increased by 8.6 percent in the first half of this year – according to the unadjusted values, compared to the same period of the last year...
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31 August is the last day of the cash register replacement
Date: 2014-08-01 11:50:24
After 31 August the entrepreneurs can only use online cash machines – the Ministry of National Economy said, after the the Cash Register Working Committee agreed about the final deadline...
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FruitVeB the Hungarian operators must also comply with the Russian embargo
Date: 2014-08-01 11:40:20
The FuitVeB Vegetable and Fruit Interprofessional Organisation warns that the Hungarian branch operators must also comply with the Russian embargo on Polish fruit and vegetables, otherwise they risk that the...
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The OKSZ supports the new deadline and considers it feasible
Date: 2014-08-01 11:35:07
The National Retail Federation (OKSZ) supports the new deadline for the online cash register replacement and considers the deadline feasible. The Ministry of National Economy (NGM), after the Thursday meeting...
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KSH: import increasing more rapidly the exports for the third month
Date: 2014-08-01 11:30:58
The value of Hungarian exports calculated in euros grew by 2.3 percent in May, while imports increased with 3.7 percent, compared to the same month of the last year. The...
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Food consumption reduced in the Czech Republic last year
Date: 2014-08-01 11:25:16
On an annual level food consumption in the Czech Republic declined by 1.6 percent last year – turns out from the report on the state of agriculture last year in...
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South China police found several tons of melamine-contaminated candies
Date: 2014-08-01 10:50:12
Chinese police have seized almost 20 tonnes of candies tainted with melamine, state media said on Thursday, an industrial chemical at the centre of a scandal in 2008 in which...
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Quality Hungarian Pork (KMS) Trademark: the absolute best in quality assurance
Date: 2014-08-01 09:46:24
Last year the Ministry for Rural Development announced the introduction of the Quality Hungarian Pork (KMS) Trademark. The trademark and the quality assurance system behind it were developed and are...
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